While Bitcoin is considered to be one of the major coins in the cryptocurrency market, it is not the only viable investment option. Its price is so high now that it isn`t clear indeed how long the coin is going to keep its position. Moreover, there are some coins that have bigger potential than Bitcoin and for now, they are regarded as the most lucrative options to invest in. While you might be thinking now about Doge to Safemoon swaps, it is not completely the case. What are they though and why might they be growing in the price? Let us check.
Ethereum
This name doesn`t surprise you, most likely. This is the second-largest cryptocurrency project. The main difference from the leader in the market is in its application possibilities.
Ethereum runs on its own blockchain that supports a lot of options. So, companies can create smart contracts, developers can work with DApps. The blockchain also supports DeFi. With the implementation of Ethereum 2.0, the opportunities are promising to be practically unlimited. We are sure that the cryptocurrency converter LetsExchange or any other similar service will be constantly showing the increase of the Ether price.
Cardano
Cardano is not just a coin, it is an entire project powered by its own token called ADA. The project uses a so-called proof-of-stake consensus while Ethereum, its main competitor, is just going to move to it.
Cardano provides a platform, or rather an environment for decentralized finance products. It focuses also on interchain operability, smart contracts, and some more details that make the project stand out.
Polkadot
Polkadot is a unique cryptocurrency with ambitions. It even doesn`t run on a blockchain in its traditional sense. It offers an environment to connect blockchains and enables them to exchange information with each other.
The coin`s core component is called a relay chain. It allows connecting different blockchains and oracles under one roof.
Polkadot is also competing with Ethereum. The main advantage of Polkadot compared to its main competitor is the fact that the project allows not only to create DApps in the relay chain but to create other blockchains.
Stellar
Stellar is one more important project in the world of cryptocurrency. Stellar aims at providing financial institutions with an environment that allows them to make fast and cheap transfers of significant sums of money.
Another aim of the project is to provide easy and reliable payment solutions to those population layers who don`t have access to banking services. In this regard, XLM is even more promising than a solution for financial institutions. This is one of the first cryptocurrencies that was created mostly for the use from mobile phones rather from a desktop. The explanation is in its aim: not everybody has a computer but almost everybody has a smartphone.
Bottom Line
You can name many more coins that pose some interest and are good to invest in. For example, Ripple is one of them. You may also mention such projects as Chainlink, Tether, Tron, and we would agree with all of them. Do proper research and choose the best coin for you.
