Motley Fool, a US-based private finance and investment consultancy, has suggested that these altcoin projects could even surpass Bitcoin! So, what are these altcoins? Here are the details…
The giant consulting firm announced: “These altcoin projects can surpass Bitcoin!”
Motley Fool, a giant investment and consultancy company from the USA, stated that Bitcoin is one of the best performing cryptos of 2023, with the drop below the level of 30 thousand dollars, and that investors should pay attention to these 3 altcoin projects. According to the famous consultancy company, investors can mark 2023 by showing superior performance in these altcoin projects.
cryptocoin.com As we reported, Ethereum (ETH) continues to dominate the cryptocurrency world, but many altcoin projects that have been on the rise recently are also hoping to dethrone it. These projects include popular altcoin Solana (SOL), Aptos (APT), and Phantom (FTM). As you know, SOL and APT increased more than 100 percent during the year. Phantom is also behind these two cryptocurrencies with 93 percent.
On the other hand, investors seem to be slowly losing their belief that Ethereum can maintain its market dominance. Ethereum competitors are still much faster and much cheaper. This has major implications in areas such as DeFi, where users want near-zero fees and near-instant transactions. However, according to experts, popular altcoin Solana’s release of Saga and ChatGPT’s add-ons could be a signal that it may be bullish, and mobile crypto and crypto AI are catalysts for sustained, long-term growth for Solana to outperform Bitcoin. It will have to show.
On the other hand, experts point to Layer-2 solutions. Layer-2 solutions attract users’ attention by being faster and cheaper, while each scaling solution uses its own proprietary technology to achieve its goals. It is therefore sometimes difficult to distinguish between these different solutions. Among the Layer-2 potential altcoin projects, the giant company places projects such as Motley Fool, Immutable, Optimism and Polygon. As you know, Polygon, which has many high-profile partnerships with Nike, stands out among these projects.
On the other hand, while staking projects stand out, some experts also draw attention to Lido DAO and Rocket Pool. Altcoin projects, both of which are among the top 50 cryptos, have managed to attract the attention of many investors after The Merge update and come to the fore with their potential.
So which altcoin projects are experts pointing to?
Cryptocurrency experts state that there may be many cryptos among the projects that can get ahead of the leading cryptocurrency Bitcoin (BTC). The common theme of all three categories of crypto detailed above is that they somehow include Ethereum. The first category, for example, includes those that could one day replace Ethereum as the leading Layer-1 blockchain. The second category includes all cryptocurrencies that help Ethereum scale bigger and faster. The third category shows altcoins that include staking on Ethereum. That’s why experts point to Ethereum. Stating that Solana and Polygon are the best choices for higher risk and rapid rises, Motley Fool experts recommend these 3 altcoin projects in the long run.
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