Major altcoins that might shape the future

Major altcoins that might shape the future

Major altcoins that might shape the future. In our article, we will share altcoins other than Bitcoin that will shape the future. In addition, as the flagship of the crypto money market, Bitcoin is recognized by everyone today. As a crypto currency, which has attracted more attention by the financial circles with the opening of futures in the CME, Ethereum has gained an important place in bringing the crypto money market to the product variety of traditional finance with the DeFi protocols established on it thanks to smart contracts. With these features, Bitcoin and Ethereum attract the attention of many institutional investors.

So, which altcoins are candidates to shape the future in the crypto money market?

Chainlink (LINK)

Chainlink has managed to become one of the favorites of cryptocurrency investors as a token running on the Ethereum network. With its structure that enables the integration of non-blockchain systems into the blockchain system, LINK ranks 9th among all cryptocurrencies with a market value of over $ 11 billion. Recently, with the intensity of Ethereum’s ERC20 network, Chainlink has also retreated a little. However, it continues to offer great hope for the future.

Algorand (ALGO)

We can also talk about Algorand as another crypto currency that we can expect to gain an important place in the world of the future. Algorand, which initially incorporates the Proof of Stake technology that Ethereum wants to offer with the 2.0 transition, ranks 40th among cryptocurrencies with its market value exceeding $ 2 billion. The intensity experienced in the Ethereum network and the very high transfer fees may reveal new opportunities for Algorand in the future. Although the possible delays in the realization of the Ethereum 2.0 transition may have a negative impact on the crypto money market at the beginning, we can say that it is a bright crypto money that will be positively differentiated for Algorand with the technology it already contains.

Avalanche (AWAX)

Among the cryptocurrencies of the future, we can also mention AVAX, which is offered with the Avalanche protocol. A Turkish scientist, Prof. Dr. The cryptocurrency, of which Emin Gün Sirer is one of the developers, ranks 38th among all cryptocurrencies with a market value of over $2 billion. For AVAX, which has attracted attention with its recent rise, the disruptions in transfers in the Avalanche network did not prevent it from maintaining its strengthened position in the crypto money market. It can be expected that AVAX, which is a very new cryptocurrency, will be one of the shining stars of the crypto money market, with the problems to be overcome day by day and new agreements made with different institutions or platforms. For AVAX, we can say that the rumors about the meetings with institutions such as the CBRT are among the issues to be followed for the coming periods.

Visits: 45