Fri, April 19

3 Coins That Might Capture Bitcoin’s No.1 Position Soon

Bitcoin (BTC) Price Level Consolidates Below $30K Level Bitcoin News
  • Bitcoin has been the industry’s most popular cryptocurrency for over a decade.
  • ETHER surpassed Bitcoin in terms of growth rate in 2021.

Bitcoin, the world’s first digital currency, is a significant accomplishment. Bitcoin (BTC) has been the industry’s most popular cryptocurrency for over a decade. The digital token has long been favored because of its supply-demand, durability, transactional ease, and censorship resistance. Let us look at the top 3 coins that are set to capture bitcoin’s No.1 position soon.

Ethereum

BTC’s main competitor, Ethereum, has also had a spectacular year so far. ETHER surpassed Bitcoin in terms of growth rate in 2021, and many cryptocurrency experts predicted that ETHER could soon surpass Bitcoin as the most valuable cryptocurrency in the world.

Following Bitcoin’s trail is one of Ethereum’s most well-known characteristics. With every record high in the price of Bitcoin, ETHER follows suit and surges to a high value.

Solana

Solana’s lightning-fast speeds and inexpensive costs make it the most useful network available right now. Solana is a superior platform for developers that need to create an app quickly and cheaply, such as the minting of non-fungible tokens (NFTs).

Investors’ preference for blockchains with smart contract capabilities is responsible for Solana’s recent surge in value. While NFT and the rivalry in this field are heating up, Solana has reaped the benefits of growing DeFi’s popularity.

Basic Attention Token (BAT)

BAT, a digital currency on the Ethereum network, is meant to support advertising and tipping functionality in the privacy-focused Brave web browser. The true worth of BAT is determined by Brave’s broad acceptance as a browser alternative to Chrome, Safari, and Firefox. 

There has been an increase in overall supply on exchanges of more than BAT $10,000,000 ($12.2 million). In reality, whales accounted for $60 million of the total sales, up from $7 million.

An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.