Despite the cryptocurrency market being in a slight slump over past two weeks which saw Bitcoin sink to lows of $4,000, Stellar and Monero have both claimed that they are going to be the next big thing in the cryptocurrency space by consolidating their market cap.
The two digital currencies have added good amounts to their market cap to solidify their holdings in higher places on the list for the top ten cryptocurrencies.
For a short time last week, Stellar Lumens became the fifth biggest cryptocurrency after it took over EOS however, it was still behind Bitcoin Cash. Currently, Stellar is the sixth biggest cryptocurrency in the crypto market after falling back down.
Still in first place, however, is Bitcoin with a market cap of over $69 billion but it has lost massively after it dropped below the $5,000, $4,500 and $4,000 key resistance levels, then leaving it currently priced at $3,972 at the time of writing.
Following the announcement of a Stellar airdrop by the Asia Pacific based blockchain exchange Bithumb has announced a 15 Bitcoin giveaway to a random member. The airdrop is for the celebration of the exchanges fifth-year anniversary of trading.
By logging into the exchange between November 12th and December 11th, the winner will be announced at random and the winner will be named on December 24th 2018. There is also a hint that there will be more airdrops with other coins on the way.
It’s worth noting that we are not financial advisors and this is not financial advice. Investing in cryptocurrency is very risky, so only invest based on your own research and invest with money you can afford to lose, always remember to trade safe!
If we take a look at the market at the current time of writing we can see that almost the whole market is in the green with Stellar being up 9 percent over the past day leaving it priced at $0.153. Monero is also in the green with a 5 percent increase over the past 24 hours giving it a price of $57.80.
What are your thoughts? Are you keen on Stellar or Monero? Let us know what you think down below in the comments!