The Crypto Market Cap War: The Top 5 Game




As you can see we have 3 major Cryptocurrencies competing to be in the top 5 list

  1. LiteCoin with $7,667,388,910 USD market cap (946,675 BTC )

WHAT IS LITECOIN?

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

2) EOS with $6,994,884,183 USD market cap (863,922 BTC / 13,546,456 ETH)

WHAT IS EOS?

EOS.IO is software that introduces a blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications (the “EOS.IO Software”). This is achieved through an operating system-like construct upon which applications can be built.
The software provides accounts, authentication, databases, asynchronous communication and the scheduling of applications across multiple CPU cores and/or clusters. The resulting technology is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications.

3) Cardano with $6,589,779,810 USD market cap (813,890 BTC)

WHAT IS Cardano?

Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source.
Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.

My interpretation:

From the past description you can see that the three coins are seeking to be the most used coins in the world. for the Litecoin they want it to replace the current payment system, and for both EOS and Cardano they want to replace or let say take over of the Ethereum empire by developing a new smart contract platform with more efficiency and performance scale.

My expectation :

1)- Litecoin founders will not let that happen easily and they will invest in LTC so the prices will go up and we will see that in the near future.

2)- EOS infrastructure is very strong we must admit that, @dan have the money to invest in and also he succeeded to bring some good investors to the game too so it is just a matter of time ;).

3)-For Cardano it is not clear for now but they are targeting the east Asia area and you now what does this means ;) .

4)- I believe that with the release of the SMT on the steem blockchain the game will change and as you can see a lot of applications are now interacting with the steem blockchain or using Steem to reward their users which indicate that the future is bright for Steem .

So just be wise when you decide to invest and do not forget the golden rule Never invest money that you can't afford to lose ;).

Sources:

1-https://pixabay.com/

2-https://coinmarketcap.com/currencies/litecoin/

3-https://coinmarketcap.com/currencies/eos/

4-https://coinmarketcap.com/currencies/cardano/

5-https://bitcointalk.org/

6-https://eos.io/

7-https://www.cardano.org/en/home/

8-https://litecoin.com/

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