During the weekend, Bitcoin broke 60,000 dollars for the first time. Ethereum tested 2,000 dollars again; many altcoins surged, and from the look of things, we are on an upward ride towards the end of the month.
The crypto space is very bullish, and we have many major events coming by the end of March.
Although, historically, March has always been known to be a month of bad luck for cryptocurrencies. These major events coming up are going to help push the crypto space. We are nearly at 2 trillion dollar global market capitalization.
A year ago, on the 12th of March 202o, we had one of the worst days in the crypto spaces. And now, about a year, we have gained 20x on a lot of top altcoins, even over 100x on some smaller altcoins.
Litecoin looks quite bullish, especially now that they are planning on adding a privacy feature.
The only top ten cryptos to have both public and private transactions will be Litecoin, and this feature is coming very soon.
With a market capitalization of nearly 15 billion dollars, many people consider Litecoin the silver to Bitcoin as gold.
But if we are honest, Litecoin still has a substantial way to go before we can call it the "silver bitcoin." If Litecoin got to 1000 dollars per coin, it would still be under a 100 billion dollar market capitalization. Comparing it to Bitcoins market capital, that will be less than one-tenth of the Bitcoins market capital. If we consider Litecoin the silver to Bitcoin being the gold, it has to be past 1000 dollars.
With that privacy feature coming up and Litecoin being added to PayPal crypto merchant payments, Litecoin has a lot of potential in the short term. It is easier for Litecoin to do a 5x than Ethereum.
Ethereum is another coin to be bullish on. Ethereum has a Layer 2 solution that is very close, and this will reduce the gas fees and increase how many transactions per second the network can handle.
This will also enable Uniswap to launch version 3, which will open the door to many smaller Ethereum network coins. Uniswap version 3 will open the door to the masses; it will be huge for many of these hidden gems.
Cardano ADA, on the other hand, had a major event at the start of March where they launched the Mary Hard Fork update. It hit $1.50 and went back to a dollar because many people sold off their coins to collect profits.
