With new investors adopting cryptocurrencies, the popularity of altcoin projects is spreading all over the world. For example, blockchains like Solana or Avalanche have already hit the list of global investments. In this article, we will talk about the 8 best altcoin projects from the list of analyst Apoorva Bellapu that you will not regret buying this year.
8 altcoins that won’t make you regret it
Ethereum (ETH)
Ethereum in the first place is undoubtedly one of the most important projects that can remain a leader for years to come. Among the many reasons why investing in Ethereum is worth anything, its potential applications (especially smart contracts that execute automatically when conditions are met) are one of the most important. In terms of price, after peaking at $5,000, it is now looking to recapture that price.
Polkadot (DOT)
Polkadot is the only cryptocurrency that will never disappoint investors on a guaranteed investment. The reason why hundreds of projects are built in the Polkadot ecosystem is its ability to seamlessly connect all heterogeneous Blockchain networks.
Cardano (ADA)
Cardano has seen impressive growth over a period of time. The two main reasons responsible for the same situation are less processing time and less energy consumption. This is good enough proof of how much potential the altcoin has and why investing in it will yield good returns.
Left (LEFT)
Solana has gained worldwide recognition for how it works. It works with a mix of proof-of-stake and proof-of-history mechanisms and has managed to bring great returns to investors. Whether it’s decentralized finance (DeFi), decentralized applications (DApps), or smart contracts, Solana helps.
cryptocoin.comAs you follow, Solana, once one of the biggest altcoin projects, was hit hard by the FTX collapse. Currently, he is in a long recovery process with his new smartphone.
BNB Coin (BNB)
As everyone knows, Binance coin was launched by Binance, one of the largest crypto exchanges in the world. Over time, it has expanded from simply facilitating transactions to a platform where one can proceed with trading, payment processing and even booking travel arrangements. This altcoin also has a high trading volume. The trend is likely to continue in the coming years.
XRP
XRP or Ripple has attracted attention for its ability to facilitate the exchange of different types of currencies, including fiat currencies and other major cryptocurrencies. According to the analyst, this feature is good enough validation to say that XRP is totally worth the investment.
Dogecoin (DOGE)
Dogecoin soon became one of the leading cryptocurrencies in the entire cryptocurrency market. While big companies like Dallas Mavericks, Kronos and SpaceX rely on this altcoin, it cannot be denied that Dogecoin is associated with high trading volume.
Shiba Inu (SHIB)
Finally, Shiba Inu is one of the altcoins that takes advantage of the security and advanced features of the Ethereum ecosystem. Recently, this cryptocurrency has seen massive growth in its value as well as in trading volume.
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