Which is the second currency after bitcoin?

Started by Donna D. Phillips, Aug 08, 2022, 12:43 PM

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Donna D. PhillipsTopic starter

Comparing different cryptocurrencies with each other, what is the second after bitcoin? I still don't know which currency is second in value and popularity compared to bitcoin.
Bitcoin is growing quickly, but some alternative cryptocurrencies are showing many times greater growth. True, investing in altcoins is even more risky than in bitcoin.
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rombra

Ethereum is the second-largest cryptocurrency by volume, but its many uses can create a much larger learning curve for new investors than Bitcoin. ETH could end 2022 between $6,500 and $7,500 if the same bullish upswing that started in mid 2021 were to continue. However, 2022 brought a bearish downturn in the crypto market, making it clear that ethereum's price is not going to rise from sentiment alone.
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sergiocharm

There is a popular belief that bitcoin is the only real coin, and all the rest are real shitcoins. I, in principle, agree with that, but still I think that the Litecoin and the Great Dane also have the right to life. Ethereum shows itself from the bad side in terms of stability. Although the same cast and dog, too. Bitcoin is really the only less volatile coin.

Bitcoin cash is now popular, that is, the second cryptocurrency that separated from the main bitcoin. Zcash is also up quite well now, up almost 40% in the last few days.

Ethereum is in pretty good positions, but in fact it is difficult to determine because all currencies are not stable at the rate and go up and down, it is difficult to keep up with them.
Litecoin is the second more important and oldest cryptocoin, it appeared several years later than bitcoin.
It was once called digital silver.
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rikerrr

It all depends on how to look at your question. If you mean the trading volume, then the 2nd cryptocurrency is of course ETH. But both ethereum and bitcoin have been around for more than 10 years. They are far from perfect, because commissions sometimes reach several tens of dollars, and transactions can take almost half an hour. Every year, more and more perfect blockchains are being created, with instant transaction processing and practical free gas. An example is NEAR. Who knows, maybe someday these advantages will make these blockchains the second after bitcoin))
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