Bitcoin is a cryptocurrency of the first order and the most widespread cryptocurrency of the cryptographic sphere. Today occupies the number 1 position on CoinMarketCap. And now, the crypt has declared its dominance once again as it becomes the most used currency on Bitcoin Superstore, a platform that allows users to buy online using cryptocurrencies from 200,000 stores worldwide (including Starbucks and Amazon) .
Surprisingly, the second and third largest cryptos, Ethereum and Ripple's XRP, are not as popular on the platform. Bitcoin Superstore lists Bitcoin, Nano, Tron and Litecoin as the "most used" digital currencies in the last ten days or so. Recently, the biggest (actually, only one prominent at the moment) online cryptocurrency has said this on its Twitter page:
The cryptocurrency "Most Used" at https://t.co/HUDKGKq925 in the last 10 days is been # Bitcoin .
Bitcoin constituted 35% of all transactions, with the subsequent "Most used" #Nano to 20%, #Tron to 17% and #Litecoin to 8% of all transactions. #DigiByte #ETH #XRP #XMR #BCH #DASH https://t.co/aLmHMmHtX0
– Bitcoin Superstore (@ BitcoinSuperst1) 8 September 2018
As noted in the tweet, Nano, which occupies the number 30 in the cryptocurrency market, is the second most used cryptocurrency on over 200 online stores that take about 20%; 17% Tron; Litecoin holds 8%.
It is important to know that Bitcoin Superstore is the only cryptocurrency store that allows any customer to buy from almost every online trader with the first 10 cryptocurrencies. Bitcoin Superstore says that in the last ten days these cryptocurrencies have been used more.
Litecoin was created as a "Bitcoin fork;" Silver is also considered for Bitcoin. LTC was created in 2011 and has been seen as a great alternative to Bitcoin. It is one of the largest altcoins in the crypto sphere. It occupies the NO.7 position in the cryptographic sphere and, overall, its performance has been "okay" lately.
Tron is one of today's favorite cryptocurrencies. Lately, Tron has partnered with many companies including Twitter. The cryptocurrency was recently listed on ChangeHero and presented its new project called: Project Atlas.
In addition, he received further attention as the blockchain launched the SeedGerminator, an accelerator for developers who want to create tokens, Dapps (decentralized applications) and technology on the Tron protocol. Overall, Tron is doing pretty well and occupies position no. 13 in the crypto market today.
Nano occupies the No. 35 position in the crypto market and the cryptocurrency entered the limelight in December 2017 when investors were looking for better cryptocurrencies with the potential to achieve better results than in Bitcoin.
Also last year Nano had a big increase, but it decreased along with other altcoins in the cryptographic sphere. The meteor growth of Nano, just before the market came down, left its investors with nothing but deficit. With some flashbacks, the owner of Bitgrail, Francesco Firano, even blamed Nano for the hack that made Nano plunged and slipped from his position to what he is now.
Overall, Nano is still doing quite well. However, its blockchain structure had big problems like what could be vulnerable; but none of these problems has been found so far. In recent weeks, Nano has achieved better results than many other important altcoins.
As we can clearly see, Bitcoin is the most common currency in the world of cryptography. Bitcoin was created in 2008. And one important thing is that nobody knows who created Bitcoin or its white paper. We only know one name, Satoshi Nakamoto, and we saw an "unconfirmed" headshot until the date.
Bitcoin had a meteoric rise of $ 20,000 last year, before the big crash and is now trading under the $ 6500 mark. On a technical level, Bitcoin is still doing very well, and its performance tends to to influence other altcoins in the cryptographic sphere. It also has the largest market capitalization of $ 108,682,214,552.
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Disclaimer: This article should not be taken as and is not intended to provide investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.
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