In this video, we will be going over my top 3 altcoins with massive potential! so you better not miss out! Enjoy!
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Intro 0:00
TOP 3 Altcoins 1:13
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 3 ALTCOINS with MASSIVE POTENTIAL (DON’T MISS OUT!)” To get a better idea of how to research cryptocurrencies and for my top 3 altcoin picks ready to explode in for the month of September and beyond!
So one of the altcoins we will going over is ELROND. Now Elrond’s price has been on a rise over the last week, indicating that there is still space for growth. Now Elrond is currently sitting at 204 dollars, and has been up roughly 20 percent in the past 24 hours, and its current coinmarketcap ranking is number 43.
Now, Elrond is a blockchain network using smart contracts. Smart contracts are computer programs that are stored on the blockchain.
And as of now Ethereum is the most well-known smart contract-enabled blockchain. Ethereum, on the other hand, again for now, has scalability issues, since it can only execute approximately 15-45 transactions per second. Furthermore, Ethereum transactions are costly, making Ethereum smart contracts impractical unless you have a lot of money.
But Elrond uses a technique known as sharding to tackle the problem of scalability. By dividing the blockchain into shards, sharding allows many transactions to be computed at the same time. As a result, computer nodes only have to process a fraction of the blockchain’s data, allowing several computers to execute transactions in parallel.
And While the Elrond Network provides a framework for smart contracts, decentralized applications, and even whole blockchain protocols to be deployed, its native eGLD token serves as the network’s unit of value. The eGLD coin serves a variety of purposes on Elrond. It’s utilized for staking and validator incentives, as well as payment for transactions and smart contracts, as part of the platform governance system. The eGLD currency, which serves as gas for the whole ecosystem, is used by both platform users and developers to pay for use of the Elrond Network.
Another coin that I have discussed before is SOLANA,
It distinguishes itself from Ethereum’s network by offering quicker transaction speeds, reduced costs, and a flexible programming capabilities.
Solana can already process more than 50 000 transactions per second, which is more than Ethereum and Bitcoin combined, yet at a fraction of the cost. On the Solana blockchain, developers may also create and publish customizable apps in a variety of programming languages.
So Stick around until the end because we are not only going to be going over the top 3 crypto with massive potential, but we will also be going over the bitcoin stock to flow model that has been made famous by plan b. This stock to flow model is one of the best out there because we are almost able to predict where bitcoin could be heading to next and beyond! So whether you decide to invest in the coins mentioned in the list, always be sure to do your own research before investing as cryptocurrency can be very volatile!
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DISCLAIMER: You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based on personal experience. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment.
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