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RE: Electroneum (ETN) Needs a Dip Lower to Complete Correction

in #bitcoin7 years ago

Hello,

Can you please provide some insight on Dogecoin's growth potential? Is it worth investing in, or is this current pump only temporary? Also, what are your thoughts on Bytecoin (BCN)? Thanks very much for your valuable time and help!

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Both Dogecoin and Bytecoin have extremely large total supply's which personally makes me hesitant about the potential growth of the coin. For instance, both coins are already at market caps of > $500 million and are only worth about 4 - 6 cents per coin. However, also don't let this completely deter you as Ripple is in a similar boat and has a market cap just shy of $30 Billion. Also keep in mind that since both coins are in the Top 40 on coinmarketcap most likely they will both rise in the coming months on this pure fact alone. Hope this helps :)