Things are looking thick for the income of coins that is also known as Bitcoin (BTC). Since Bitcoin futures were offered in the stock market over a four week period ago (18th December), it is a bad ride for the cryptocurrency huge that seems destined to reduce its top slot either to Ripple (XRP) or Ethereum (ETH) in terms of sector cap.

This is a good example of the Darwinian Principle of Natural selection wherever only the strongest survive. In the event Darwin were alive today, he previously be glad that we listened at college and applied his concepts to the volatile markets of cryptocurrency trading.

Applying such a theory, animal with the thickest coat during winter will survive. The same animal with the fastest speed will catch your prey. The animal with the top leap and endurance may even survive the harshest temperature in the Serengeti. Life in the bush is a race; and so is definitely the ever evolving Crypto-Verse. The cash that can withstand the greatest FUD; any coin that can prove that it exists for a purpose; the gold coin that can showcase greatest attractiveness; and the coin that can progress with time; shall surely do well!!

So what really happened to Bitcoin?

From where I stand, the great funds become too big for itself. A popularity within a year prompted its value to escalate in an attempted Moon getting that was curtailed by Wallstreet hoping in on the action. A good friend once commented that ‘Wallstreet really does nothing good other than look for a way to short a good share or in this case, Bitcoin.’ Your dog went on to predict that the Bitcoin Futures, were the beginning of the end of the great coin.

But is Bitcoin really a excellent coin?

Yes. Bitcoin introduced us to the madness we love called Blockchain as well as Cryptocurrencies. Some of us heard about Crypto from recently available cult movie classics for example Dope (2015). In the movie, a high school student offloads a good chunk of medications via the dark web, implementing bitcoin. I for one, was shocked about the flexibility and stealth capability of the coin. Back then, this coin was worth close to $230. Can you imagine that? (And I did not buy then!)

Now, the tides are usually turning!

In hot pursuit are generally Ethereum (ETH) and my favorite coin for 6 months now, Ripple (XRP).

One of the two coins is destined to topple Bitcoin at the top on coinmarketcap.com. The reasons for such a hostile take over have been discussed around forums and online articles nevertheless no one ever really idea they’d topple Bitcoin until the niche happenings gave us a very good kick to the side of the go. The kick has rattled our thinking and we are now looking into the future for a new Coin of Coins to change Bitcoin at the helm of the Throne.

First on the line way up is Ethereum which has proven to be this coin of choice for individuals going funds across exchanges. I realize many traders who have hit Ethereum (ETH) from Coinbase to Binance just to obtain Ripple (XRP) and Stellar (XLM). The exact same coin has also been the gold coin of choice for funding ICOs due to the intelligent contract capability it boasts. As a matter of fact, Ethereum is the King of Smart Contracts to the point where coins such as ICON (ICX) and NEO want to grow up to be just as Ether.

Ripple (XRP) on the other hand, is winning the hearts and minds of the banking trade. It has achieved some popularity through its various partners with SBI Banking consortium; partners with Moneygram and Western Nation; and rumors of the Traditional bank of England test traveling its money settlement program. As a trader, I like the underdog story behind Ripple.

So which will dethrone Bitcoin (BTC) from the top spot? Are you drinking Ethereum (ETH)? Or will it be Ripple (XRP)? Or maybe will it be an unknown coin for instance Crypterium that will come out of nowhere and finished first. Perhaps NEO will be the preferred one as alluded inside Matrix series of movies.

One thing is made for sure, no coin could reach the heights Bitcoin reached throughout its peak when it seemed to be trading at $20,000. That is a record breaking price just like current 100 meter Earth Record time of 9.Fifty-eight seconds held by the mythical Uasin Bolt.

It might take another years before that 9.Fifty eight is beaten. It might can be toppled in a future time where cyborgs will be allowed to compete in the Olympics. But one matter is for sure, the top slot machine on coinmarketcap.com is being eyed by Ethereum (ETH) and Ripple (XRP)!

 

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