Best Crypto Alt Coins(2021 Edition)
Introduction
The last year was nothing but a series of tragic events that brought our financial hopes and dreams to a halt. We had no time to think about finding any passive solutions to making money because of the pandemic situation and its after-effects. But have you revisited the stocks and crypto market?
As far as it goes for the crypto market, the past 12 months were a great ride for those who had purchased some coins earlier and have been the best since 2011. A huge number of digital coins and tokens achieved their âAll-time-highâ (ATH) and the other had a huge price pump.
The word âcryptoâ in cryptocurrencies stands for the complicated cryptography and algorithms that help solve problems across blocks and create a chain. This leads to the creation of a unit of digital currency across decentralized systems.
Can you imagine! Bitcoin (BTC) stood at just $6,000 last year has reached its ATH currently at $61,000 which is ridiculous. It is not always Bitcoin that people hold to make money or purchase it as an asset. Certain cryptocurrencies offer some great protocols and advantages too.
Alt Coins Gems that could replace Bitcoin!
⢠Ethereum (ETH)
Undoubtedly, Ethereum is the new Bitcoin in the coming years! Ethereum is a unique blockchain exclusively built where users can create âDecentralized Applicationsâ (DAPPS) that donât have a central body governing them.
It was created by Vitalik Buterin in 2013 and was later identified that the programming language âSolidityâ can be used to create DApps on the Ethereum blockchain. To run these smart contracts, you will need to pay a small fee to run on the blockchain which is known as âEtherâ.
Ethereum is getting an up-gradation to version 2.0 over the coming years. Hence, fees will decrease dramatically and a whole host of new DApps will get their chance to shine. The largest update Ethereum got was the shift from âProof-of-Stakeâ to âProof-of-Workâ that brought staking a new way to run the blockchain economically instead of spending too much on mining machines!
⢠Binance Coin (BNB)
Binance is definitely an under-rated high potential coin. Do not miss the chance and get it if you didnât buy it yet. Let me tell you why! Binance has climbed over the top altcoins, namely, Tether (TUSD) and Ripple (XRP).
Beyond that BNB being the cryptocurrency of Binance exchange, it is always in need of trades, spot, futures as well as their Launchpad and staking farms. Hence the ever-growing demand for BNB has escalated its price from $30 to $550.
⢠Uniswap (UNI)
Uniswapâs UNI is the worldâs first De-Fi cryptocurrency that runs on the Ethereum blockchain and has reached the coin with the highest market cap of $18.5 billion with todayâs price of $36.65.
Being the default currency of the worldâs largest decentralized exchange, it offers DEX protocols to trade crypto, easy swaps, and even yield farming mechanisms.
We have two more exclusive coins just for you! They are Cardano (ADA) and Dogecoin (DOGE). They are hyped coins and have a varying liquidity based on demand. Be vigilant of these two as they could prove to be a game changer.
SafeGalaxy
SafeGalaxy is a deflationary, static yield farming, automatic liquidity generating token on the Binance Smart Chain. This means that the supply of SafeGalaxy will shrink over time, you can farm more tokens simply by holding SafeGalaxy in your wallet, and there will always be a liquid market for SafeGalaxy. Â