by Apoorva Bellapu
Apr 16, 2022
Undoubtedly, Bitcoin is the most sought-after cryptocurrency worldwide. However, there are a large number of altcoins that perform quite well. Check out the top 10 altcoins you can buy after you sell your Bitcoin investment.
Undoubtedly, Ethereum is ranked as the second largest cryptocurrency after Bitcoin. What catches the attention of the investors is the fact that Ethereum has certain potential uses, especially the smart contracts that automatically execute when the conditions are met. Well, this altcoin should definitely be on your list to buy.
Polkadot is a cryptocurrency that has seen impressive growth in value over time. With its ability to seamlessly connect all heterogeneous blockchain networks, Polkadot has certainly grabbed eyeballs. As numerous projects are being built on the Polkadot ecosystem, this digital currency will rise in value.
Cardano is yet another altcoin that deserves a special mention. This cryptocurrency has continued to grow since its launch and the year 2021 was no less. Since it also reduces transaction time and energy consumption, investors tend to do so. No wonder, this is a good investment to make.
This altcoin works with a mix of proof-of-stake and proof-of-history mechanisms. Because of this, it has managed to achieve huge returns for the investors. Solana has outperformed other altcoins in several areas – decentralized finance (DeFi), decentralized apps (DApps), and smart contracts, just to name a few.
Tether, as many are known, is one of the most stable cryptocurrencies. This has become a go-to altcoin for those investors who are not willing to take a lot of risks. The value of Tether is considered more consistent than other altcoins, which is why it is preferred by many investors.
Litecoin has become one of the best altcoins in no time. One of the best features of Litecoin is that it has a faster block generation speed compared to Bitcoin.
Binance, one of the largest crypto exchanges in the world, had launched the Binance coin. A significant rise in the value of this altcoin over the years sheds light on why investing in it would be worth it all.
Ripple XRP’s ability to facilitate exchanges of various currency types, including fiat currencies and other major altcoins, has attracted the eyeballs everywhere. Moreover, the rise in value is a good enough proof of how much potential this cryptocurrency holds.
This altcoin was launched in the year 2013, and since then, Dogecoin has evolved into one of the leading cryptocurrencies in the entire cryptocurrency market. The fact that major companies such as Dallas Mavericks, Kronos and SpaceX have relied on this altcoin is solid proof of the same. Well, who would deny that Dogecoin should not be one of the 10 altcoins to buy after you sell your bitcoin investment?
This is more of a community and supporter driven altcoin that enjoys the security and advanced features of the Ethereum ecosystem. Recently, Shiba Inu has experienced significant growth. This in itself is an indication of how good an investment is.
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