Which crypto currencies are worth a punt?
Posted On August 4, 2021
The crypto currencies have been in an epic rollercoaster ride, with the price of one coin rising from a low of around $300 in mid-2017 to a high of around the $1,000 mark in late June.
That has seen some of the biggest names in the industry jump in price, including a few big names from the big names of Wall Street.
But one of the big losers has been one of our favourite cryptos.
On Thursday, the price for the digital token called Cryptopia collapsed by as much as 85 per cent.
A coin that has been a staple of cryptocurrency investing for years, Cryptopia is now worth less than half of its original value.
The Cryptopia crash could have huge implications for the wider crypto industry.
Crypto coins have become a very popular way to hedge risk and invest in the crypto market, but this has been accompanied by some terrible behaviour from some of their big names.
As such, there are a lot of people who are worried about Cryptopia falling into the hands of criminals.
So far, it looks like it’s going to happen.
One of the most recent problems with Cryptopia has been the recent ICO, the ICO of a new digital currency called “Casper”.
Cryptopia had already been used by some ICOs to raise money for their projects, including the launch of a virtual reality headset.
But the ICO was supposed to raise a lot more than that.
It was supposed a token would be created that would allow users to pay for things in a crypto currency.
The cryptocurrency exchange that would then issue the token was going to be an intermediary for the exchange.
So if you wanted to buy stuff with Cryptopian, you could do that using Ether.
Cryptopian was supposed be the currency that would be used to pay those intermediary payments, so this new token would allow people to buy Ether with a Crypto-currency.
There have been a lot reports of people having problems buying Ether from the Cryptopia website, and many have complained about the problems.
But it seems that some of those problems have been exacerbated by some of Cryptopia’s biggest names jumping in.
Here’s how the crypto industry has fared so far in the last few years.
Bitcoin, in 2018: $1.6bn in value At the start of 2018, Bitcoin was worth just under $1bn.
At the time, this was well above the value of the average cryptocurrency, which is around $500.
By the end of the year, the value had fallen to $600, which was a little more than half the $600 that it was at the beginning of the decade.
Ether, in 2017: $50m in value Ether was introduced in 2017 as a way to pay people in crypto for goods and services.
In 2017, the currency was valued at $50 million.
But as the crypto bubble has popped, Ether’s value has fallen to around $5.5 million, according to Coinmarketcap.
At this price, Ether is the least valuable crypto-currency of all time.
Bitcoin: $2.7bn in 2018 Bitcoin had a market cap of just under US$5bn.
But its value has plummeted to around US$2.6 billion.
Ether: $400m in 2018 Ether was launched in 2017.
By 2019, the coin was worth around US $200 million.
At that price, it’s the least valued cryptocurrency of all-time.
Cryptopia, in 2016: $3.3bn in price Cryptopia was originally a way for people to hedge their exposure to the volatility of the cryptocurrency market.
It’s an altcoin that has had a hard time breaking into the mainstream, despite some major investors including Elon Musk buying up stakes in the company.
Cryptopolists have had to rely on a lot less liquidity and have had problems getting new customers.
In the last two years, however, Cryptopian has seen a surge in trading volume.
At its peak in 2018, Cryptocompare.com reported that Cryptopia trades around 2 million Ether per day.
Now, this number has soared to around 2.5 billion Ether per month.
Cryptopedia has reported that in August, there were around 4.6 million Cryptopias worth of Ether traded.
That’s a huge increase from around 3 million Ether at the start.
In 2018, the crypto price crashed, hitting a low point of around US £300.
But this has since bounced back to US £500.
This is still a very good return for an altcoins that has never had much exposure to cryptocurrency trading, but there is some evidence that Cryptopie will now have a lot better returns than it did a few years ago.
Ethereum, in 2021: $25bn in market cap Ethereum is a very unique coin.
Its not just another altcoin, it is a cryptocurrency that has a lot to do with the blockchain technology.
So what is blockchain?
Blockchain is a digital ledger that records transactions between two parties.
In other words, it records what a person owns and what they have