How does its market cap compare to bitcoin

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Questions: Choose a cryptocurrency other than Bitcoin, Ethereum, or others that were specifically mentioned in detail during this module (Litecoin, Dash, or Ripple). Here's a list of all identified cryptocurrencies. Keep in mind that the lower you go on the list, the smaller the coin will be, and there will be less information available. Research this coin and write two-page, paper that addresses the following questions:

  • What is the coin's purpose? Why was it created and what problem is it trying to solve?
  • What is the coin's current circulating supply? What is its latest price? What is its market cap?
  • How does its market cap compare to bitcoin?
  • Who is the founding team? What experience or backgrounds do they have? In what country or countries is the team located?
  • What do you think about this coin? Does it seem like an interesting project? Something not very useful? A scam? Would you ever invest money in this altcoin?

 

Reference no: EM133369177

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