These are my top 5 Altcoins with UNBELIEVABLE POTENTIAL FOR END OF YEAR ! That have MASSIVE potential! Enjoy!
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Intro 0:00
Top 5 Altcoins 0:47
Key Points 09:57
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 5 ALTCOINS with UNBELIEVABLE POTENTIAL FOR END OF YEAR | Best Cryptocurrency to Invest in 2021” To get a better idea of how to research cryptocurrencies and for my top 5 cryptocurrency picks ready to explode for the month of October
One of the Altcoins we will be going over is Avalanche. Avalanche is a smart contract, programmable money token, similar to Ethereum. However, it can complete transactions in under a second.
Now, according to coinmarket cap, Avalanche is currently sitting at 62 dollars with a market of 13 billion and is currently ranked number #11.
The thing that I like about Avalanche is that it can connect the execution of smart contracts with real-world APIs via an oracle currency like ChainLink. This would enable parties to have real-time transactions based on everything from future pricing, stock market data, weather forecasts, breaking news, and so on. Avalanche is also lightning quick, cheap, and environmentally friendly. On Avalanche, any smart contract-enabled application may outperform the competitors.
Furthermore, Avalanche is not inflationary. I believe that future capital inflows will only drive the token’s price higher. A total of 720 million tokens are available. In addition, every transaction on the Avalanche network burns a percentage of its fees. Since the network’s launch, over 180,000 tokens have been burnt.
On September 21, 2020, Avalanche went live on the mainnet. Since then, the platform has secured over 200+ unique projects, $14 million in AVAX burnt (cutting supply), 1,000+ individual block-producing validators, and over 600,000 community members worldwide.
Another on the list is Cardano, yes, I need to ADA on the list because IMO, it still has some good upside left… now cardano aspires to be the world’s financial operating system by creating decentralized financial products and offering solutions for voter fraud, and legal contract tracking, among other things. Cardano has the third-largest market value of $66 billion as of September 2021, and one ADA currently trades at roughly $2.06 cents.
Cardano is a long-lasting cryptocurrency. The network’s Alonzo Purple upgrade, which was the network’s largest ever, took place at the beginning of September.. Smart contracts are now available on the network, allowing for more smooth and efficient transactions.
Cardano also has many use cases. Cardano’s blockchain may be used to authenticate pharmaceutical items, reducing the risk of acquiring counterfeit drugs, Cardano can be used in poor countries to keep track of people’s identities and prove their trustworthiness, Blockchain technology can provide farmers, hauliers, and shippers with a reliable inventory network.
With solid fundamentals and a lot of momentum behind it, Cardano is without a doubt one of the most exciting applications in the blockchain world today.
Keep in mind that this is only my opinion and not financial advice. Cryptocurrency investments are so volatile, and you should never invest money you can’t afford to lose, and think long term, as that’s going to help you navigate the market and those who are patient during market downturns are going to reap the benefits long term.
And you can currently buy Cardano, on coinbase, binance, and kraken.
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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