These altcoins are rising in popularity, according to one of the largest crypto exchanges (Pt. 2/2)

While Bitcoin continues to remain the “blue chip” of cryptocurrencies, 2020 has seen Ethereum trail in second place, as well as the rise in popularity of altcoins built on Ethereum, said Hong Fang, CEO of OKCoin.
“2020, in addition to Bitcoin which takes the dominance in the market, about 73% of the volume, Ethereum definitely comes next. Ethereum is basically a protocol that allows smart contracts, so that a lot of applications can be built on top of it,” Fang said. (show less)

While Bitcoin continues to remain the “blue chip” of cryptocurrencies, 2020 has seen Ethereum trail in second place, as well as the rise in popularity of altcoins built on Ethereum, said Hong Fang, CEO of OKCoin.
“2020, in addition to Bitcoin which takes the dominance in the market, about 73% of the volume, Ethereum definitely comes next. Ethereum is basically a protocol that allows smart contracts, so that a lot of applications can be built on top of it,” Fang ... (read more)

Outlook 2021

Outlook 2021
2020 was an unprecedented year as investors had to navigate the economic-crippling COVID-19 pandemic and massive fiscal and monetary stimulus measures that have followed as a result. 2020 saw gold prices rise to new all-time highs above $2,000. For many analysts the 2020 rally is just the start of a much bigger move for precious metals. The world now has to deal with the massive liquidity flowing through markets; in this environment investors are expected to turn to assets to protect against global currency debasement. We expect that 2021 will be the year investors Brace for Inflation.

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