The Landscape Ahead
January 4, 2018, 8:34 am
What seems like ages ago, one of my first crypto purchases was litecoin. I liked litecoin, and I liked that it was cheap.
When I started trading coins, litecoin was the first one I traded, cuz it was a pawn. It was the nuthin coin. I traded like 1 whole litecoin for like a million of a coin called TRX. An even trashier coin. Because, in my mind, I wanted to have a lot of a coin. It was worth 17 SAT at the time, or in other words 0.00000017 of a bitcoin. It was worth nothing, but that's why I bought it. I just wanted a lot of coins. I wanted to jingle some pennies.
TRX just passed litecoin in marketcap today. That's insane. We used to use the term big 3 to refer to Bitcoin, Ethereum, and Litecoin. But I'm not certain we can use those terms anymore. The whole landscape of crypto has drastically changed in the last 2 weeks, much less the last two months.
TRX has a lot of coins in circulation. Way more than BTC. This means it's worth can only go so high. But it's market cap actually still has quite a ways to go. I'm on the ride though. On this trash coin that I thought would go no where. It might go all the way.