Undoubtedly, Bitcoin is the most sought-after cryptocurrency globally. However, there are a good number of altcoins out there that are performing quite well. Have a look at the top 10 altcoins to 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 very fact that Ethereum boasts of certain potential applications, particularly the smart contracts that automatically execute when conditions are met. Well, this altcoin definitely has to be on your list to buy.
Polkadot is one cryptocurrency that has seen impressive growth in its value over a period of time. With its ability to seamlessly connect all heterogeneous blockchain networks, Polkadot has surely grabbed eyeballs. As there are numerous projects being built on the Polkadot ecosystem, this digital currency is going to soar high in value.
Cardano is yet another altcoin that deserves a special mention. This cryptocurrency has continued to grow ever since it was launched and the year 2021 was no less. As it cuts down the transaction time and energy consumption as well, investors are inclined towards it. No wonder, this is a good investment to make.
This altcoin works with a blend of proof-of-stake and proof-of-history mechanisms. By virtue of this, it has managed to fetch huge returns for the investors. Solana has outshined other altcoins in various areas – decentralized finance (DeFi), decentralized apps (DApps), and smart contracts, to name a few.
Tether, as known to many, is one of the most stable cryptocurrencies. This has become a go-to altcoin for those investors who aren't willing to take many risks. Tether's value is considered to be more consistent than other altcoins, which is why it is favored by a lot of investors.
Litecoin has emerged to become one of the best altcoins in no time. One of the best features of Litecoin is that it has a faster block generation rate when compared to Bitcoin.
Binance, one of the largest crypto exchanges in the world had launched the Binance coin. A significant increase in the value of this altcoin over the years throws light on why investing in it would be worth it all.
Ripple XRP's ability to facilitate exchanges of different currency types, including fiat currencies and other major altcoins has grabbed eyeballs from everywhere across. Additionally, the rise in its value is good enough evidence of how much potential this cryptocurrency holds.
This altcoin was launched in the year 2013 and since then Dogecoin has evolved to become one of the leading cryptocurrencies in the entire cryptocurrency market. The fact that major companies like Dallas Mavericks, Kronos, and SpaceX have relied on this altcoin is solid proof of the same. Well, who would deny that Dogecoin shouldn't 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 posted significant growth. This itself is an indication of how good an investment it is.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.