After the past two tough years, altcoins (coins other than bitcoin i.e. BTC) investors started to talk again about bullish returns in 2021.
The total market capitalization of the entire cryptocurrency market has surpassed two trillion dollars for the first time this year – even after Covid-19. In fact, most experts believe that the pandemic is one of the main reasons for crypto’s success.
Ethereum (ETH) updates and speculation about Cardano Smart Contracts (ADA) led to a significant increase in both altcoins, and there’s a lot more to read about the words “fluctuations” and “variations.”
No one knows what is next, and at the same time, everyone wants to get the most out of their digital investment… So what is the key?
If you want to invest in the most profitable altcoin, this article is for you! Here is our list of the top four altcoins that are on the peak today and are expected to rule the crypto market completely in upcoming years…
1. Cardano (ADA)
Cardano’s price has already risen by more than 100% this year, but 2022 will still be a big year for the altcoin that’s looking to solve real problems.
This altcoin is expected to launch its first smart contracts (tiny bits of self-executing code of agreement between buyer and seller, that are directly written into lines of code), this month.
After that, Cardano will host a series of virtual and live events under the name “Cardano Summit” to become the most reliable and exciting endeavor in the altcoins world. Initially, you might find this virtual series a slow approach, but it will hopefully lead to a sustainable platform. Once smart contracts enter the Cardano Summit, attracting developers will be the biggest challenge.
2. OMG Network (OMG)
In addition to the big-name, OMG is making strides in digital payments. It cooperates directly with banks, creating products that will appeal to both current banking customers and those who do not currently have access to banking services. Strategic Partner and Principal Member of OMG, Enya, has just launched the Bob network, which he describes as a “next-generation” Layer 2 solution. Bob promises to process thousands of transactions per second and at a fraction of the cost of the Ethereum network.
OMG aims to create a wallet that people could use to transfer any asset between different payment platforms, from traditional money to cryptocurrencies and even bonus points. It is not clear yet how the partnership with Enya will evolve, but its project aim is most certainly an area to look into.
3. Helium (HNT)
When the blockchain meets Wi-Fi, we call it “People’s Network.” Helium can provide 5G connectivity around the world without the cost of traditional telecommunications infrastructure; it is a powerful concept and a great example of how blockchain technology and cryptocurrency can solve everyday problems. The Helium access points are a bit like a Wi-Fi router for your home, but with much more power. There are nearly 150,000 access points worldwide, with many being in US cities.
4. VeChain (VET)
VeChain has already gained 40% this year as the supply chain platform continues to show what blockchain can achieve. VeChain uses blockchain technology to improve business processes and track every step in the supply chain. For example, it already works with Walmart to track food items at every stage of the production and distribution process.
Some Wise Words
Hundreds of platforms worldwide are waiting to give you access to available altcoins and to find the right one for you, you need to decide which features are most important to you, so as well as reading our analysis and guidance, it’s also a good idea to do your own research too.