Post
Topic
Board Altcoin Discussion
Re: Will Monero become next BTC?
by
Xising
on 11/11/2018, 11:17:59 UTC
Currently, Monero is the 10th largest coin by market capitalization. Crypto miners are attracted to Monero because it has emerged as the most profitable altcoin in the past few months.

A research firm Satis Group, which forecasts the cryptocurrency market and the fate of individual cryptocurrencies, published a reporting stating that Monero could be worth $18,000 within the next five years. That represents a more than an 18,000% increase from its present value, which stands at just over $106.

From"Monero's price: all you need to know"

How do you think about XMP? Another BTC?

I think any altcoin has that chance to better Bitcoin in the future. However, for now, Bitcoin is still the king of cryptocurrencies due to many different reasons. Many have said the same for other altcoins like Ethereum, Litecoin and all other coins in the market. I am not saying that all the other coins in the list won't have any chance on gaining upon Bitcoin, but I think that they should first get all factors that would make them that "next" best coin in the market. At least, that way, it can give Bitcoin competition and a run for its money.