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4 Cryptocurrencies That Can Explode In The Future

Despite the recent crypto crash, cryptocurrencies still remain a wise investment. Experts predict that cryptocurrencies will eventually change the way we view and use money. If cryptocurrency becomes the primary method of making transactions and fiat money slowly gets replaced, a lot of investors will be blessed with fortune thanks to the blockchain.

Despite the recent crypto crash, cryptocurrencies still remain a wise investment. Experts predict that cryptocurrencies will eventually change the way we view and use money. If cryptocurrency becomes the primary method of making transactions and fiat money slowly gets replaced, a lot of investors will be blessed with fortune thanks to the blockchain.

However, although replacing fiat money might be too far away in the future, that doesn’t mean that cryptocurrencies aren’t a good investment. That being said, you might be wondering which coin will transform your crypto holdings into a liquid asset that will change your financial situation.

Well, that is the hard part; you can never be certain. But, there are a few clues you can pick up on as indicators of a potentially lucrative investment. If you’ve been thinking about getting into the crypto markets, but are not sure where to start, you came to the right place. In today’s article, we compiled a list of some of the best current cryptocurrencies you should consider investing in. 

Algorand

Founded in 2017 by a cryptography pioneer and MIT professor, Silvio Micali, Algorand shows no signs of slowing down. As things stand, Algorands’s current price is hovering around $0.3708, which makes it affordable for new buyers to invest in it.

What makes Algorand a good investment is that it offers interoperability. This means that Algorand’s blockchain can be connected with other blockchains and reach a wider audience. Furthermore, the security levels Algorand offers to investors are also great. Algorand uses a proof-of-stake consensus mechanism instead of proof-of-work.

Moreover, this blockchain offers transaction speeds like no other coin. Algorand can process over one thousand transactions per second while other blockchains such as Ethereum can only handle twenty.

Rumor has it that if Ethereum 2.0 doesn’t launch soon enough, Algorand will be a suitable replacement and we can see why. This fast and secure blockchain is scalable, has smart contracts, and supports DeFi. And that is all smart investors need to look for when venturing into the cryptocurrency market.

Cosmos

Another blockchain that aims for the stars and offers interoperability is Cosmos. The main purpose of this blockchain is to connect all the blockchains that went live. The developers of Cosmos strive to break down barriers cryptocurrencies are known for and become “the” option when it comes to crypto investments.

The current prices of Cosmos are around $11.68 which again isn’t too steep of a price. But, what is the main reason to invest in this blockchain? The answer is very simple, its liquidity.

Cosmos, or rather ATOM, recorded $100 million in just the first trading days of July, and it continues to produce high trading volumes. In addition to that, it can also process a thousand transactions per day, just like Algorand.

Zcash

When it comes to transactions, Zcash excels at anonymity. This is one of the main reasons why this project is gaining popularity rather fast. Zcash has an extremely bright future. 

For example, if a Bitcoin transaction is made, then that transaction is recorded. However, with Zcash, anonymity is guaranteed, and you can make transactions with whomever you want at anytime. 

What makes Zcash an especially exciting project is the prospect that many companies might adopt it soon. The main reason for that assumption is that Zcash offers excellent fees in addition to guaranteed privacy.

Currently, Zcash’s price is $72.61 per coin. So if you want to join the world of decentralized transactions, this blockchain is your best bet.

Ethereum

Ethereum is considered to be the second biggest cryptocurrency on the market, right behind Bitcoin. Ethereum’s development team has something in store that will pique the interest of any investor.

Ethereum 2.0 symbolizes a shift from proof-of-work to a proof-of-stake consensus mechanism. However, this project was delayed multiple times and people are wondering whether Ethereum will ever enter this new phase at all.

All that taken into account, if it does, it will mean that Ethereum will be more environmentally friendly and have a brighter future in the crypto markets.

Final Thoughts

Cryptocurrencies are changing the way we view financial assets. With each passing day, we see new emerging developers launching new and innovative ideas on the blockchain that can change the world.

If you are interested in crypto investments and are looking for potential coins that can bring you a lot of profit, consider the ones mentioned in this article. 

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