Let’s talk about Thursday. Waking up to see almost all the coins red in your cryptocurrency exchange wallet was traumatising ?. Crypto was a no go area last week but the rebound was amazing! People were scared but you know how it goes: you haven’t lost until you sell. So those who held are smiling today while some others saw the price dips as an opportunity to buy more crypto.
Now that things are calm again, let’s look at what the coins are saying today:
1. Bitcoin: Rising Steadily?
Just like the other coins, Bitcoin slowed down last week, leaving XRP as the highest gainer. This week may see Bitcoin attempt the ₦9.8 million mark to begin a mega rally.
Stats for the Week
- Starting price at the beginning of last week: ₦9,172,390
- Current price: ₦9,440,806
- Percentage change in the last week: +3%
- Percentage change in the last month: +42%
Summary: If you invested ₦100,000 in BTC last Monday, you would have ₦103,000 today.
If you invested ₦100,000 in BTC a month ago, you would have approximately ₦142,000 today.
2. Ethereum: Getting Ready for Version 2.0 ?
Ethereum has been gearing up for the Ethereum 2.0 update and the price has been rising steadily in response. This week may see Ethereum touch ₦320,000 depending on how the update goes.
Stats for the Week
- Starting price at the beginning of last week: ₦293,345
- Current price: ₦300,000
- Percentage change in the last week: +2.5%
- Percentage change in the last month: +59.93%
Summary: If you invested ₦100,000 in ETH last Monday, you would have ₦102,500 today.
If you invested ₦100,000 in ETH a month ago, you would have approximately ₦159,930 today.
3. Litecoin: Minding its Business??
Litecoin is still moving quietly along with Bitcoin and Ethereum. Depending on Ethereum’s update, we may see the Litecoin buyers start a rally.
Stats for the week
- Starting price at the beginning of last week: ₦43,172
- Current price: ₦43,288
- Percentage change in the last week: +0.71%
- Percentage change in the last month: +62.83%
Summary: If you invested ₦100,000 in Litecoin last Monday, you would have ₦130,000 today.
If you invested ₦100,000 in Litecoin a month ago, you would have approximately ₦151,250 today.
4. Ripple: Leading the Charge?
XRP has a big month ahead. On December 12th, XRP holders will receive free SPARK tokens in the flare network airdrop. Nobody wants to get left behind so people are buying XRP in droves to hold until the airdrop.
Stats for the week
- Starting price at the beginning of the week: ₦284.28
- Current price: ₦320.36
- Percentage change in the last 24 hours: +4.4%
- Percentage change in the last week: +12.6%
- Percentage change in the last month: +179%
Summary: If you invested ₦100,000 in XRP last Monday, you would have ₦112,600 today.
If you invested ₦100,000 in XRP a month ago, you would have approximately ₦279,000 today.
Disclaimer: We love watching the coins do what they do. Even more, we love sharing our findings with you. But none of this is financial advice and you should only invest in coins that you’ve researched heavily on.
