Altcoins

As the oldest cryptocurrency, Bitcoin may rightfully lead the other digital assets by market capitalization. However, Ethereum takes second place as the leader of all altcoins. Furthermore, it is currently enjoying a swift surge in popularity and, subsequently, value. Ether (ETH), Ethereum's native token, has a market cap of roughly $200 billion. One unit sells for over $1620; some expect it to reach or even overcome Bitcoin soon. This article looks at Ethereum and its chances to take the top spot…

Since 2017, Bitcoin has inspired the development of a myriad of altcoins. Thousands of Bitcoin investors saturated the market four years ago, creating a need to diversify the crypto space. In return, this led to the creation of alternative coins to BTC, including Cardano (ADA), Chainlink (LINK), and Polkadot (DOT). Although they do not share Bitcoin's fame, they have gained their share of fame over the years. Also, many have surged from just a few cents to hundreds of dollars.…

Dogecoin is an increasingly popular peer-to-peer cryptocurrency. However, its story is less illustrious than more famous digital assets like Bitcoin or Ethereum. On the contrary, this coin was born from a meme, an internet joke with underlying humorous connotations. Several other cryptocurrencies surfaced on the market this way. However, Dogecoin’s luck came from celebrity endorsements like Snoop Dogg and Elon Musk. That’s how it became the ninth-largest cryptocurrency by market cap. In the beginning, many crypto experts were uncertain of Dogecoin’s future. While…

Bitcoin has been the flagship cryptocurrency since its inception in 2009. However, several other coins have been gaining traction and making their marks on the market. For instance, some coins have already beaten Bitcoin popularity-wise several times. Also, others have solid use cases and strong communities backing them to succeed. So, can any of them outperform Bitcoin in 2023? 1. Ethereum Ethereum is the second crypto by market cap after Bitcoin and is second in command by popularity. Its story…

Altcoins are constantly jostling to make a mark in the crypto world. After Bitcoin and Ethereum, the race to be the third cryptocurrency force keeps heating up yearly. Many strong contenders with different use cases promise more than the big two currently offer. As a result, many are making their mark in a big way, for good and not-so-good reasons, as long as they stand out from meme coins that ride the celebrity popularity wave and crash just as fast…

Altcoins became a thing when thousands of Bitcoin competitors flooded the market. Today, many altcoins have evolved beyond expectations and are stand-alone products with unique real-world applications. Furthermore, they provide an opportunity for investors to diversify their portfolios. Identifying the best cryptocurrencies to invest in can be overwhelming for most newbies, primarily since thousands of them exist. We bet you need help finding the most promising altcoins in the crypto space. Here are the top 10 altcoins with the potential…

Blockchain is the digital environment supporting cryptocurrencies and decentralized apps (DApps). You may know it as one of the greatest innovations of the 21st century. However, this remarkable invention has its shortcomings. For instance, it is difficult to scale and consumes too much energy, making it bad for the environment. Fortunately, some projects aim to solve these issues. One of them, Hedera, has come up with a potentially better alternative to blockchain: Hashgraph consensus. Consequently, Hedera used it to open…

Smart contracts might seem like complex cryptocurrency jargon, but it's not. An Ethereum smart contract is an automated agreement between two parties written in code. Smart contracts have continued to bloom in the crypto space, and more is yet to come. The smart contract market capitalization reached USD 274 million in 2023. Ethereum smart contracts have had a notable impact in revolutionizing the crypto space and the world. Furthermore, there are ways in which users can utilize Ether Smart Contracts. Some…

The Internet and blockchain technology are the precursors for an age that supports virtual digital currencies. Therefore, the need for technological advancement is eminent as the world becomes more digital. Above all, centralization is an ownership problem that decentralized finance fixes. Elrond network is a highly secure, fast, efficient, and scalable blockchain platform for distributed apps. Its primary objective is to construct a transparent architecture for different economies. Additionally, it aims to have low latency and high bandwidth transactions. Most…