Following the small gains we saw earlier in the week for Bitcoin and the rest of the crypto market, the choices traders are given seems to be getting harder every day. Investors and traders alike are confused about what to do with the finances but with some analysis on some of the biggest tokens and coins, that confusion might go away.
TRON’s native token TRX has always got some big publicity, mainly thanks to their founder and CEO Justin Sun, but when it comes to trading volume TRX is one of the most flexible tokens out there.
Meanwhile, though TRON’s recent venture into BitTorrent is almost definitely going to see some increase in trading over the next few months.
When it comes to TRX though, we could be seeing some big long-term gains for this cryptocurrency.
What can we say about XRP? One of the most popular tokens in the ecosystem and the third most valuable cryptocurrency in the space has made such a big impact on the world, even Changpeng Zhao commented on the token saying that he “can’t argue, the XRP army is strong”.
XRP seems to be jumping between second and third according to CoinMarketCap, rivalling Ethereum in this sense.
Litecoin is another very popular cryptocurrency in the space. The fifth biggest coin, at the time of writing, hasn’t discouraged the coin to break out of the $40 region and reach $50 during the bull run earlier this week.
HOLO is a very HOT coin (pardon the pun) and it seems to be two steps ahead of the competition at all times. Stability is the way the forward when it comes to this cryptocurrency.
Lisk isn’t in the top ten. Lisk isn’t even in the top twenty. Currently, Lisk is 38th on CoinMarketCap and its trading price is just $1.24. Despite this, during the previous momentum we saw earlier this week, the cryptocurrency nearly got over $2 so maybe this is one to look out for.
It’s up to you what you invest in but it is worth noting that we are not financial advisors and this is not financial advice. Investing in crypto currency 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!