Mon, November 25

Top 3 Cryptocurrencies That Can Sideline Bitcoin (BTC) in 2022

Optimism Introduces Balancer Protocol Along With Beethoven X For Enhancing of L2 Network Bitcoin News
  • BNB has a high intrinsic value and a wide range of potential applications.
  • The Avalanche blockchain aims to provide DeFi developers with scalability.

Investing in one of the almost 16,000 cryptocurrencies in existence today might be difficult. More and more cryptocurrency investors hope to make a killing by getting in on the best ROI coins every year.

Avalanche (AVAX)

Avalanche is among the most scalable out there in terms of blockchain initiatives. Ethereum, another veteran cryptocurrency, is also available on the market. Although Ethereum has many applications, its scalability is a big problem. The Avalanche blockchain aims to provide DeFi developers with scalability. Transaction costs are minimal, and the network is quick. Because of these attributes, AVAX tokens have seen a rise in demand.

Polkadot (DOT)

Polkadot is the second cryptocurrency on the list. In addition to the cheap gas prices and quick transaction speeds, this is another scalable blockchain. One of the more contemporary coins to hit the market is Polkadot which has already established itself as one of the most popular and valuable investments in the crypto market.

Binance Coin (BNB)

Binance Coin is the third-ranked cryptocurrency to invest in. Because it supports such a broad ecosystem, this cryptocurrency has one of the most useful tokens on the market. The rise of the token’s value has also resulted in substantial profits for investors over time. The Binance exchange is one of the many potential applications for Binance Coin. In terms of trading volume, Binance is one of the most popular cryptocurrency exchanges globally. For this reason, Binance Coin has a high intrinsic value and a wide range of potential applications.

A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.