These are the TOP 6 Altcoins set to BLOW UP in 2021. We will go over the best Altcoins / best top cryptocurrencies to invest in 2021 and hold for the long term! Enjoy!
Intro 0:00
Cryptocurrencies 1:25
There are hundreds of bad coins out there in the market, but there are a few coins out there are worth taking the risk and holding on to them for the long run, such as Ethereum, Cardano or Polygon Matic and Bitcoin. So be sure to watch the video “TOP 6 Altcoins Set To BLOW UP in 2021 || Best Cryptocurrency To Invest 2021” To know which cryptocurrencies / altcoins could blow up in 2021!
Now, Ethereum is one of the my cryptocurrencies out there and the one that i’m most bullish about right now and there a couple of reasons right now, and one of those reasons is Ethereum 2.0. Now, Ethereum 2.0 is a collection of upgrades to the Ethereum blockchain that are to make the network more scalable, secure, and more sustainable. These improvements have been in the works since 2014, and they mark a significant shift for the world’s second cryptocurrency by market cap.
Now, Ethereum is a decentralized network backed by the digital ledger blockchain technology that may be used to make digital payments, for people who are entirely new to the world of cryptocurrencies and blockchain. In contrast to Bitcoin, code may be created and written onto Ethereum’s blockchain network to construct smart contracts and decentralized apps that run continuously and cannot be manipulated or controlled by a third party.
Upgrades to Ethereum 2.0 will aim to vastly enhance the network. As the popularity of Ether and Ethereum has increased, the network has become increasingly congested with transactions. It can currently manage 15 to 45 transactions per second, which is remarkable, but not nearly enough to serve all of Ethereum’s users throughout the world. Transaction costs are also rising as a result of the increasing demand.
And if Ethereum 2.0, if correctly implemented, has the potential to be a total game changer. It will build a network capable of processing 100,000 transactions per second. It will also make Ethereum’s network far more sustainable by eliminating energy-intensive mining and introducing smart contracts to the rest of the world, therefore enhancing Ethereum’s real-world use. Furthermore, Ethereum co-founder Vitalik Buterin has stated that under Ethereum 2.0, new token issuance should be significantly restricted, potentially increasing demand. With all of these considerations in mind, Ethereum 2.0 should be well worth the wait. Not only that, but it will also make ethereum deflationary, taking the price higher as more investors buy ether.
Now, this next cryptocurrency was highly requested by you guys and my last coin on the list, and thats XRP
Now, XRP was developed in 2012 by a group of engineers who subsequently gave 80 billion XRP to a private business named OpenCoin, which is now known as Ripple Labs. This is what distinguishes XRP from nearly every other crypto project in the world: it is essentially a for-profit platform.
But beware the US Securities and Exchange Commission sued Ripple and its two cofounders in late 2020, alleging that they generated more than $1.3 billion in an unregistered, ongoing digital asset securities sale (aka XRP). The lawsuit has yet to be resolved.
XRP is known for being the world’s quickest digital asset, allowing for near-real-time worldwide payments from anywhere in the globe. As a result, several payment providers utilize XRP to broaden their reach, reduce foreign exchange expenses, and expedite payment settlement. So XRP is going to be a high risk, high reward cryptocurrency! so just make sure to do your own due dilligence!
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