Litecoin v Bitcoin Cash – As bulls return to the market, these two are worthy buys

Key Points :

  • Litecoin and Bitcoin cash are two old-school cryptos. 

  • Both are heavily correlated to Bitcoin.

  • Bitcoin rally could see these LTC and BCH make new highs in 2022.

Litecoin (LTC)

Litecoin is a popular, secure, and innovative cryptocurrency that can be used to make instant payments around the world. It’s also open-source, which means users have access to its source code by themselves. It offers faster transaction confirmation times as well as improved storage efficiency. LTC is the perfect complement or alternative for those leaning more towards shopping online without having an account with any specific retailer. In addition, they offer industry support from major players such as trade volume.

Bitcoin Cash (BCH)

Bitcoin Cash is a cryptocurrency that was created to accommodate blocks of higher capacity than Bitcoin. This allows for more transactions per block, thus making it easier on the network and saving people time when they want their money quickly! The two cryptocurrencies share many technical similarities and use essentially the same consensus mechanism; they have also put themselves on an agreed-upon limit for how many coins will ever exist–21 million each!

Which one is a better buy?

Both Litecoin and Binance coin are old-school cryptos and performed well in the 2017 cryptocurrency bull rally. However, they have since lost the spotlight to new shiny cryptos, especially meme coins and Metaverse cryptocurrencies.

That said they are still among the most fundamentally strong cryptocurrencies, especially in terms of adoption. However, the biggest factor that could help drive their price is a Bitcoin bull market since they are strongly correlated to its price.

So far, the odds seem to be in favour of such a rally in the short term. For instance, in the last few days, Bitcoin has blasted through major resistance at $44k and has been holding up pretty well above it. This could be a signal to a new bull run, one that could see Bitcoin blow past its $69k highs. If that happens, then LTC and BCH could make new highs too.

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Shiba Inu v Dogecoin: SHIB stands better prospects – Here’s why

Key Points:

  • SHIB and DOGE have made millionaires in the past. 

  • Their strong communities could see them rally again in 2022. 

  • SHIB deflationary nature gives it an edge over DOGE. 

Shiba Inu (SHIB)

Shiba Inu is a cryptocurrency that launched as an alternative to Dogecoin. They are meme coins, which means they have logos and graphics associated with them but serve no real purpose other than being funny or entertaining people online via social media platforms such as Facebook where users post photos on their walls just like you would do when participating in chat rooms back home!

Dogecoin (DOGE)

Dogecoin is a form of digital currency that allows people to exchange funds without relying on third parties such as banks or other financial institutions. Unlike traditional currencies though-such as dollars and euros-, each individual coin has its own unique value based solely on how much time it took for someone else to create them!

First minted back during December 2013 by Billy Markus from Portland Oregon USA., this fun cryptocurrency quickly gained traction among enthusiasts’ thanks largely due its witty logo featuring the popular internet meme known simply “doge”. Today there are over 100 million units already out of circulation.

Which one is a better buy?

Meme coins gave investors crazy returns in 2021. Anyone who had just $100 or more worth of SHIB or DOGE is now wealthy.

As bulls return to the market, these two could still go on to make massive gains, reminiscent of 2020/21. That’s because they now have much bigger communities, and adoption is growing. However, going forward SHIB is likely to pale Dogecoin in gains. That’s because Shiba Inu is deflationary and close to 50% of the total amount in circulation is already burned. Shiba Inu ecosystem is growing, and now includes a DEX (Shibaswap).

On its part, Dogecoin is heavily reliant on Elon Musk, and the Musk effect on it seems to be waning. This gives SHIB a better shot if bulls regain the market.

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Bitcoin is more of a risk asset than an inflation hedge, Bank of America says

BofA says Bitcoin is not a good store of value or inflation hedge as long as it trades more like stocks than gold.

Bitcoin’s correlation to stocks has increased significantly since its peak in November 2021 and currently trades more like a risk asset that its reference as digital gold, analysts at Bank of America said on Wednesday.

According to Alkesh Shah, a lead analyst at the US banking giant, Bitcoin’s growing lockstep trading with stocks has removed the benefit the cryptocurrency had for investors as a hedge against inflation.

Volatility, Shah said in a note from the bank, meant it’s no longer trading alongside traditional hedge assets such as gold.

As such, the BofA analyst suggests that the flagship cryptocurrency is unlikely to gain traction, in current circumstances, as a store of value.

Insider quotes the Bank of America strategist as saying that correlation between Bitcoin and gold has shrunk to near-zero levels. Meanwhile, the crypto asset has seen the correlation with stocks surge to all-time highs during last month’s market sell-off.

And with Bitcoin trading in lockstep with the Nasdaq 100 and the S&P 500, it’s expected the digital gold would continue to lose its appeal as a possible ‘safe haven asset.’

BofA thus expects the benchmark crypto to lead the rest of the digital asset market in remaining risk assets as long as volatility remains so high.

While the analysts see volatility in Bitcoin prices as a factor likely to put investors in developed markets off, they say the outlook may be different in developing economies. The bank believes those in countries plagued by runaway inflation are likely to see BTC as a better inflation hedge or store of value.

Bitcoin traded to highs near $45,000 on Wednesday to maintain its slight upside momentum after plunging more than 50% from its peak last year. The cryptocurrency is now 35% off that peak, while gold has stayed around the $1,800 per ounce level.

Elsewhere, stocks have fluctuated massively year-to-date, with Nasdaq sinking into correction in January amid rising inflation and a hawkish tilt from the US Federal Reserve.

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Solana v Terra – Why LUNA could outperform SOL in 2022

Key Points: 

  • Both Solana and Terra went parabolic in 2022.

  • Solana and Terra could outperform the market again in 2022. 

  • Solana’s security issues favour LUNA outperforming SOL this year.

Solana (SOL)

Solana is a blockchain platform that enables developers to create and run decentralised applications, or Dapps for short. It has been designed with scalability in mind so it can process high numbers of transactions without slowing down user experience like other blockchains. It has lower transaction fees and can process more transactions than other blockchains, making it faster in many ways.

Terra (LUNA)

Terra is a public blockchain protocol that creates stablecoins by using open market arbitrage incentives and decentralised Oracle voting. The result? Stablecoin holders can spend, save or trade their coins instantly across all major platforms with no transaction fee! Users get staking rewards as well as governance power in return for holding onto these tokens.

Which one is a better buy?

Both Solana and Terra had an amazing year in 2021. Now that bulls are returning to the markets; both could perform well. They could easily retest or surpass their most recent highs.

However, comparatively, Terra could give higher gains than Solana. That’s because Solana has experienced downturns recently that have put a dent to its credibility. Even a grayscale report on crypto pointed to this as a risk factor for Solana.

This is a factor that could easily see it experience more volatility when compared to Terra. Terra on the other hand has a lot going for it at the moment. It has built a reputation as one of the best cryptocurrencies for the launch of algorithmic stable coins.

Currently, Terra is the second-largest DeFi platform in the market, second only to Ethereum. This is a feat it has achieved in less than one year. With the demand for algorithmic stable coins on the rise in the market, LUNA has what it takes to grow exponentially since it is the power behind the Terra ecosystem.

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XRP vs Stellar Lumens (XLM) – Why this could be the year XRP takes off

An end to the case with the SEC could be a game-changer

Key Points:

  • XLM and XRP target the trillion-dollar cross-border payments market. 

  • XRP has underperformed XLM due to issues with the SEC.

  • A good ending to the Ripple/SEC case could see XRP go parabolic in 2022. 

Ripple (XRP)

XRP Ledger is a public blockchain that provides developers with an open-source foundation for executing the most demanding projects. This low latency, fast and reliable ledger has features like an easy development environment to help reduce time spent in coding which ultimately makes it more efficient than other alternatives out there today! It is also environmentally friendly.

Stellar (XLM)

Stellar is a network for currencies and payments that allows users to create, send or trade digital representations of all forms of money. It’s designed so the world’s financial systems can work together on one single system – it offers faster speeds than typical blockchain-based networks while being cheaper in terms of both time & energy consumption!

Which one is a better buy?

Both Stellar and XRP are pretty good buys at current prices. Their fundamentals are pretty strong, too. They both target one of the largest markets in finance, and that’s the trillion-dollar cross-border payments market.

Over the past year, XLM has outperformed XRP, and for good reason. Since 2020, XRP has been fighting a legal battle with the SEC. This has held it back all through, while XLM has had its run alongside the rest of the cryptocurrency market.

However, things could change in 2022. Most analysts are in consensus that the case may not drag further than 2022. There is also speculation that Ripple could win the case.

If this happens, then things could turn pretty well for XRP. In fact, it could be the wildcard that could see XRP rally and reclaim its position as the 3rd largest cryptocurrency, one that it held for many years.

That said, Stellar, too, has a lot going for it, especially in terms of its ecosystem growth. As such, it makes sense to have both in a crypto portfolio.

Want to learn how to safely invest in XLM or XRP? Check out our comprehensive XLM buying guide here and XRP here or purchase from our recommended platform below!

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