Cryptocurrencies and blockchains are always evolving and improving. There are new releases every month. CoinGecko and CoinMarketCap, two of the most popular cryptocurrency tracking websites, both have about 14000 and 19000 coins listed respectively. The overall market capitalisation of all cryptocurrencies is now hovering around $2 trillion. If you are wondering which cryptos are the best to invest in, you're not alone. Whilst Bitcoin (BTC) will always be a steady investment, coins such as Cardano (ADA), Solana (SOL) and Pac-Man Frog (PAC) offer you higher chances of higher rewards.
Cardano (ADA) is the eighth-most valuable cryptocurrency, with a market capitalisation of nearly $27 billion. Charles Hoskinson, the co-creator of Ethereum (ETH), established it after falling out of love with the original smart contract blockchain. In 2021, Cardano (ADA) soared by 1600% to a new all-time high of $3.10.
Cardano whales have continued to pack their bags, with owners holding 1-10 million ADA tokens rising to $9.72 at the start of March. This shows that large investors believe ADA will be successful in the long run, if not immediately.
With the bull market seemingly back on, many have begun to invest in Cardano (ADA). With the introduction of smart contracts to the platform, it has all the credentials to compete on a global scale with Ethereum (ETH) and could potentially overtake it over the coming years.
Solana (SOL) is another project that has been projected for a long-term future (SOL). Solana (SOL), like Cardano (ADA), is a blockchain that utilises smart contracts. The super-fast transaction times matched with the super cheap fees make Solana (SOL) a popular blockchain amongst the NFT communities.
Some have predicted that Solana would compete with Ethereum (ETH), particularly in the area of non-fungible tokens (NFTs), since it now offers considerably cheaper costs and frequently quicker speeds than the ETH network.
Cardano (ADA) & Solana (SOL) are both expected to see dramatic price increases over the coming months. The two smart contract blockchains offer many beneficial alternatives to the likes of Ethereum (ETH).
The video game industry is utilising NFT technology to its benefit. With over 1 billion gamers on the planet, there is now a chance to monetise the space, allowing players to earn money while playing their favourite games. Solana (SOL) is well-suited to the crypto gaming sector because of its speed and volume of transactions.
Pacman Frog (PAC) is a fresh new cryptocurrency that has only recently begun its presale. This cryptocurrency is built on the Solana (SOL) network and is a crypto gaming and educational platform.
Pacman Frog (PAC) wants to revolutionise the crypto gaming business, and it will enlist the support of its token holders in the form of a DAO (decentralised autonomous organisation).
One of the most serious issues with crypto at the present is that many people are still unsure what it is. Pacman Frog (PAC) intends to create an educational system within its ecosystem where crypto beginners and professionals alike may study and grow their expertise.
Disclaimer: The information posted in the article is for educational purposes only. By using this, you agree that the information does not constitute any investment or financial advice. Do conduct your own research and reach out to financial advisors before making any investment decisions.
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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.