Author

Topic: Older coins still rule in the top 50 ranking of market cap (Read 216 times)

sr. member
Activity: 400
Merit: 250
because new investor don't like to wait and they are flipping their bag to whales. then they are pumping that coins.
full member
Activity: 602
Merit: 116
Coins such as Litecoin, Ethereum, Dash and Ripple have been always among top listed coins.
But better to change number 50 in your topic to 10. There are lots of new coins among top 50.
Here are some examples:
Qtum, Bitconnect, EOS, IOTA, Veritaseum, OmiseGo, Gnosis, Status
hero member
Activity: 2786
Merit: 552
If you look at the top 50 coins, most of them are the older coins.  You might think it's the ICO's starting to dominate but it's not.   In fact, if you go up to 150 on CMC, most of it is older coins.  (Where are the newer ICO's in CMC?).

I think the crypto market will be around for a long time, but it's hard to see the market cap at over 105 billion and a lot of these older coins not recovering very fast from the spring highs.  

It's going to be interesting to see when some of the sell orders people set back then come into position.  
Jump to: