The Rise of Altcoins Won't Eclipse Bitcoin Just Yet
Sure different forms of cryptocurrencies may be surging, but you might not want to write-off Bitcoin...at least not yet!
Jake Yocom-Piatt, the project lead at fellow cryptocurrency Decred, told Cheddar that the newly-discovered coins might not be eclipsing Bitcoin anytime soon.
“For all we know Bitcoin may fall, but right now it’s the dominant cryptocurrency and it looks like it’s going to stay that way, at least for the short-term,” he said. “Whether that’s going to remain the case in the longer term it’s hard to say.”
But investors are exploring other options. Tron, which launched last September, has leapt into the top 10 in terms of market cap in just four months. Its most recent surge was helped by founder Justin Sun’s announcement this week that Tron will announce a partnership with a “prestigious public” company next week.
For full interview [click here](https://cheddar.com/videos/will-altcoins-eclipse-bitcoin).
Susan Bourgeois, Louisiana Economic Development Secretary, talks preparations for Super Bowl LIX, plus Meta’s $10B data center coming soon to North Louisiana.
Triller CEO, Sean Kim, joins Cheddar to discuss how content creators are looking for alternatives in the U.S. as TikTok's future hangs in the balance. Watch!
Uncle Nearest CEO Fawn Weaver joins Cheddar to talk alcohol warning labels, the future of the alcohol business and why she thinks DEI has a PR problem. Watch!