{"id":515,"date":"2019-04-01T15:15:27","date_gmt":"2019-04-01T15:15:27","guid":{"rendered":"https:\/\/techcavit.com\/?p=515"},"modified":"2019-07-18T22:08:22","modified_gmt":"2019-07-18T22:08:22","slug":"insights-from-the-eos-and-ltc-fight-for-the-4th-spot-in-market-ranking","status":"publish","type":"post","link":"https:\/\/techcavit.com\/insights-from-the-eos-and-ltc-fight-for-the-4th-spot-in-market-ranking\/","title":{"rendered":"Insights from the EOS and LTC fight for The 4th Spot In Market Ranking"},"content":{"rendered":"\n<p>Recently, there is a trend that has been observed between the 4th and 5th cryptocurrencies in terms of market capitalization which has seen their continuous displacement in position. The two cryptocurrencies in question are EOS and Litecoin (LTC),<\/p>\n\n\n\n<p>Some of the lessons that could be observed by this change in position are:<\/p>\n\n\n\n<p>1)      User sentiment is not permanent<br>\n2)      Development  could occur anytime<br>\n3)      Most part of the market could take either position<br>\n4)      Invest only what you could risk<\/p>\n\n\n\n<h2><strong>User sentiments is not permanent<\/strong><\/h2>\n\n\n\n<p>One of the reasons for the continuous change in position of this<br>\ncryptocurrencies is the users sentiments. This leads to a surge in the<br>\nvolume of trade and low or  high demand for the coin, which affects<br>\nits price. Hence, EOS and LTC have been experiencing positive and<br>\nnegative user sentiments which lead to their fall and rise in market<br>\ncapitalization in recent time.<\/p>\n\n\n\n<h2><strong>Development around a coin could affect its price<\/strong><\/h2>\n\n\n\n<p>Some developments around most of this top coins are timed while some<br>\nare beyond the control of the team that handles the coins. An example<br>\nis news about a coin which is different from the updates in its<br>\nsoftware. This unforeseen development among the two coins had now led<br>\nto their fight for better market ranking.<\/p>\n\n\n\n<h2><strong>Most part of the market could take either position<\/strong><\/h2>\n\n\n\n<p>At the time of writing, EOS is red unlike BTC, ETH <g class=\"gr_ gr_61 gr-alert gr_gramm gr_inline_cards gr_run_anim Punctuation only-ins replaceWithoutSep\" id=\"61\" data-gr-id=\"61\">and<\/g> XRP that occupies the 1st, 2nd and 3rd positions respectively while  LTC is showing green position. This change in price could lead to an urgent displacement of EOS from the 4th position by LTC since the market gap between the two coins is less than $100 million and also litecoin is more than 19 times the price of EOS.<\/p>\n\n\n\n<h2><strong>Invest only what you can risk<\/strong><\/h2>\n\n\n\n<p>The high volatility in the crypto market had shown that it is very<br>\nrisky to invest in a coin due to their market ranking. Hence,<br>\nassumption could lead to high lose in investment. So, each crypto<br>\ninvestor should only invest what they can lose.<\/p>\n\n\n\n<p>At the time of writing, EOS and LTC trades at $4.19 and $60.75 respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, there is a trend that has been observed between the 4th and 5th cryptocurrencies in terms of market capitalization which has seen their continuous displacement in position. The two cryptocurrencies in question are EOS and Litecoin (LTC), Some of the lessons that could be observed by this change in position are: 1) User sentiment [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":516,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2,32],"tags":[975,853,855],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.1 (Yoast SEO v19.5.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Insights from the EOS and LTC fight for The 4th Spot In Market Ranking<\/title>\n<meta name=\"description\" content=\"Recently, there is a trend that has been observed between the 4th and 5th cryptocurrencies in terms of market capitalization which has seen\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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