The current bear market triggered drops in cryptocurrencies’ prices and caused some project’s downfall. Still, it also brought the front page of the best alt coins worthy of being added to an investment portfolio.
Ethereum has maintained its position as the second-largest digital currency by market capitalization over the last few years. It will remain a top addition to any investment portfolio in the following months.
While Ethereum was created to solve Bitcoin’s shortcomings, Polygon was developed to alleviate the numerous problems affecting the Ethereum blockchain, such as high gas fees and low transaction speed.
It was developed as a global payments network that enabled private and organizational investors to transact without worrying about borders.
XRP is the cryptocurrency designed for use on the Ripple network. It runs on the XRP Ledger blockchain.
No one believed that a meme coin would last more than a few months, but Dogecoin proved them all wrong. It has been one of the best digital currencies to invest in the last few years, and it will probably remain a worthy addition to an investment portfolio.
The validation process is superior to the others because it lowers energy usage and boosts transaction time, so it transforms Cardano into one of the most competitive blockchains in the sector.
This altcoin was created to power decentralized finance, decentralized apps, and smart contracts. It’s unique in the industry because it runs on a combination of proof-of-stake and proof-of-history algorithms.