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Cryptocurrency Markets Still Strong After the DAO Attack

Cryptocurrency Markets Still Strong After the DAO Attack

In the cryptocurrency world, many within the vast and diverse sets of communities have been steadily focused on Bitcoin and the Ethereum networks. But what about the other altcoins following the massive rise of BTC and are steadily trying to earn their keep in the markets? Lots of them are doing just fine.  

Also read: Why PayPal’s Venmo is Beating Bitcoin in P2P Payments

Back in 2013, during the Bitcoin price rise which topped $1,150 per BTC, the once second place altcoin Litecoin gradually reached a high of $50 USD per LTC.

With so much emphasis on BTC, ETH, and the latest DAO attack, people have missed the fact the Litecoin and other altcoins have done so well. Last night, before the DAO incident, the price per LTC touched $6 USD and the following dip was less severe than that of the other coins people are focused on.

Litecoin definitely took a hit during the overnight, but rests at $5.50 USD per token and is seeing asignificant reboundat press time.

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Other cryptos, such as Ripple, Dash, Lisk, Maidsafe, Monero, and even Doge have seen increased value since Bitcoin’s bull run.

After the DAO attack, many cryptocurrency enthusiasts from various venues reflected upon on their own projects and communities.

Litecoin supporters feel they have had a healthy rise as of recently, and left a reminder today from creator Charlie Lee, which is currently the top thread on the r/litecoin subreddit. Charlie Lee’s commentary reads:

One commenterwritesin the LTC forums, “Remember the last time litecoin got hacked? You can’t, cause it never happened. The second most secure blockchain for the win.

 



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