$98,170.00
6.02%$3,440.93
10.54%$7.43
21.57%$2.30
16.53%$676.63
9.12%$192.78
9.24%$0.335949
25.12%$0.999616
-0.12%$0.957243
24.86%$3,432.13
10.30%$0.250863
11.28%$40.55
19.55%$23.80
18.28%$4,086.70
10.20%$5.48
13.98%$4.73
34.85%$0.00002298
23.04%$97,966.00
5.90%$0.375752
19.34%$33.48
43.92%$0.268418
13.94%$3,443.09
10.80%$467.42
19.25%$9.27
1.33%$13.86
22.98%$0.0000188
29.09%$103.68
18.80%$3,634.01
10.49%$5.37
17.88%$4.30
15.11%$0.999057
0.25%$10.58
5.84%$10.90
22.67%$0.999546
-0.05%$321.26
17.55%$0.168406
18.25%$0.502023
20.72%$27.34
14.95%$1.22
20.92%$7.61
23.90%$0.04841201
25.20%$3.94
14.45%$484.98
20.30%$192.41
14.29%$1.36
20.01%$24.52
0.73%$1.17
35.13%$0.802006
18.58%$5.23
18.17%$0.125135
12.72%$1.067
24.09%$0.354789
24.22%$46.16
9.91%$7.02
19.65%$2.70
30.40%$1.78
13.37%$1.81
21.33%$1.89
16.51%$0.0000333
32.80%$1.46
18.40%$5.36
22.06%$1.033
48.56%$2.27
29.20%$22.24
18.78%$2.15
23.15%$0.222979
20.20%$3,442.97
10.21%$98,272.00
6.13%$0.454508
21.10%$0.03034356
30.46%$2.36
19.53%$5.33
17.28%$3,548.97
9.91%$0.03586899
26.55%$3,856.12
10.56%$0.00017864
22.25%$0.998947
0.38%$118.08
23.27%$13.25
11.80%$0.03838236
28.43%$3,618.55
10.30%$1.78
26.45%$0.02813984
12.61%$18.92
11.37%$0.02874152
31.83%$98,212.00
6.05%$1,674.92
11.25%$0.59709
25.25%$3.33
0.15%$0.389977
19.61%$0.999691
-0.19%$1.36
24.06%$1.38
13.13%$0.234388
22.49%$98,070.00
5.98%$0.13714
24.56%$11.31
10.81%$4.61
20.42%$0.856915
20.35%$3,540.03
10.53%$7.11
17.16%$196.54
8.89%$36.95
15.64%$0.883149
17.67%$1.66
25.93%$0.754137
19.29%$0.078328
20.01%$0.501694
16.08%$17.26
19.00%$0.315207
23.86%$56.06
16.60%$1.56
20.67%$0.965377
26.68%$0.86903
25.19%$0.00000111
15.19%$1.15
16.64%$240.37
8.99%$14.80
17.14%$6.59
23.36%$36.75
23.46%$0.502578
20.88%$0.503806
19.88%$97,262.00
4.21%$1.22
20.99%$0.882601
-8.33%$5.36
28.79%$3,435.40
11.83%$97,714.00
5.57%$54.78
32.27%$0.00000218
9.41%$4.03
12.80%$3.10
12.05%$0.090402
21.50%$3.36
19.67%$0.286742
19.70%$0.733843
34.03%$0.168359
18.49%$0.810012
24.06%$0.645015
19.40%$3,443.15
10.67%$85.09
22.64%$205.32
9.32%$0.997875
0.43%$2.51
20.70%$1.98
16.75%$0.796181
46.68%$1.64
31.41%$2.14
14.83%$3,442.53
10.17%$0.00003642
17.14%$22.26
20.45%$0.0070154
27.13%$1.56
20.76%$0.00826662
18.24%$0.336427
25.12%$268.58
15.88%$0.78191
23.16%$0.187073
22.90%$0.0066829
18.45%$0.684145
15.38%$97,135.00
8.36%$0.668469
26.54%$5.91
20.74%$2,628.66
1.09%$0.995221
0.29%$0.00
32.49%$3,620.54
10.39%$0.01168637
26.27%$0.00011396
24.17%$2.54
22.16%$3,726.26
10.39%$0.00883916
25.00%$19.84
28.41%$1.26
-1.58%$0.086558
20.08%$0.00653599
23.87%$27.66
16.66%$0.277853
17.92%$1.12
22.01%$3,443.16
10.74%$11.12
18.88%$0.407269
20.32%$1.36
30.29%$1.30
23.16%$0.546165
39.14%$14.56
32.87%$0.077483
4.40%$98,136.00
6.02%$1.018
0.23%$0.999342
-0.26%$0.00000053
9.97%$0.054385
44.28%$2,624.70
0.95%$1.56
17.09%$32.79
29.46%$0.01137256
24.05%$97,323.00
6.34%$3,436.77
10.59%$8.91
-13.30%$5.01
18.19%$3,442.60
10.58%$0.458585
22.03%$1.001
0.31%$0.00656925
39.17%$0.062913
18.11%$38.60
21.19%$0.291158
61.73%$0.067447
17.02%$0.00256496
25.09%$0.00658508
19.26%$0.00583852
25.52%$97,934.00
6.28%$2.15
19.09%$3,590.26
10.25%$3,698.69
10.74%$0.00105621
21.92%$1.06
-0.40%$0.02233345
24.07%$3.28
14.48%$26.81
58.70%$0.235871
25.29%$0.073947
12.79%$0.00000337
26.97%$0.486578
19.16%$5.26
6.64%$0.999545
2.08%$0.21727
19.72%$1.077
-0.20%$88.64
3.83%$2.56
22.67%$0.999406
0.07%$0.697024
21.24%$0.00000018
14.82%$3,800.62
10.39%$0.03885121
13.00%$3.05
12.72%$3.53
19.12%$0.14457
13.52%$0.90843
11.16%$0.03741936
21.94%$47.78
20.11%$0.762933
30.96%$0.0110287
22.24%$0.36968
17.29%$1.003
0.02%$0.368177
22.78%$0.366394
68.67%$0.03849744
21.07%
Sure, Bitcoin has had a good week. Today, traders pushed the coin to its highest price since June 2019. But ya know which coins performed even better this week? Bitcoin spinoffs, each touted as superior to Bitcoin in their own way, yet far less successful...until now!
Childhood dreams came true this week for the creators of Litecoin, Bitcoin SV and Bitcoin Cash, the most popular Bitcoin spinoffs by market cap.
According to data from metrics site CoinMarketCap, while Bitcoin’s price increased by 13.6% this week to its current price of $13,014, Litecoin increased by 24.9% to $59, Bitcoin SV increased by 14.5% to $184 and Bitcoin Cash increased by 8.9% to $272.
Still, their success is trivial compared to Bitcoin, the largest coin by market capitalization. Bitcoin’s market cap is $240.5 billion.
Charlie Lee’s Litecoin, a “Lite” version of Bitcoin, has a market cap of $3.8 billion; Bitcoin SV, the cryptocurrency created by Bitcoin creator (ha!) Craig Wright, has a market cap of $3.3 billion; and Bitcoin Cash, another spinoff to Bitcoin that has a larger block to prime it for payments, has a market cap of $5 billion.
How about now?! 🐓🚀 https://t.co/HQIHFfIQYd
— Charlie Lee [LTC⚡] (@SatoshiLite) October 22, 2020
But all eyes are still on Bitcoin; combined, the market caps of all three spinoffs total $12 billion. That’s 5% of Bitcoin’s market cap.
That's perhaps why Kanye West didn’t talk about Bitcoin SV on the Joe Rogan Podcast; Jack Dorsey’s Square didn’t invest $50 million in Bitcoin Cash; and MicroStrategy CEO Michael Saylor hasn’t spent the past month relentlessly promoting Litecoin after his company bought $450 million worth of the cryptocurrency.
No, as Saylor put it last month, it's “Bitcoin" (emphasis added) that's "a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.”
Keep on dreamin’, Bitcoin spinoffs.
