Yes, at the moment, it is immutable and infallible that Bitcoin is the most valuable cryptocurrency in the world, and it is only natural that its position at the apotheosis of the crypto-world makes it the most popular and most discussed cryptocurrency.
To be factual, even though Bitcoin can still be profitable for new investors, it has been most profitable for those that bought and held the coin during the periods of 2015 and below.
So many people regret not buying Bitcoin before its astronomical rise, while others believe it is already too late to invest in it, following its unprecedented rise. However, this article is aimed at reducing more regrets in the foreseeable future.
Those who have missed the Bitcoin train should pay attention to cryptocurrencies with very huge potential that may arise in a similar fashion to bitcoin. Some of these cryptocurrencies are in budding stages, while others are already on the high rise.
Here are four Cryptocurrencies with very huge potentials
Ethereum
Ethereum operates a very decentralized system, one which is very similar to blockchain technology. As such it is impracticable for it to be infiltrated for the purposes of fraud, manipulation from a third party, or any other form of illegal control.
The operational structure of Ethereum is augmented by its own unique cryptographic token, Ether. In 2015, Ethereum was fully launched following an encouraging presale that took place in 2015.
At the exact point of writing this, Ethereum is worth $1,562.18, making it the second most valuable cryptocurrency in the world, only behind the gargantuan bitcoin with a value of $36,271.60.
Litecoin
Irrespective of the fact that Litecoin falls behind Ethereum on this list, it is one of the earliest cryptos that came about after the monumental establishment of Bitcoin.
While many crypto experts have alleged that Bitcoin was modeled in line with the dynamics of its predecessor, Bitcoin, others have opined that it concludes transactions at a faster rate.
This is because Litecoin aims to process a block every 2.5 minutes, as opposed to Bitcoin’s 10 minutes.
The favorable potential of Litecoin is particularly derived from its consistency in the top ten spots of the crypto market.
As of the time of this publication, Litecoin is valued at $149.06. Given that it is still budding crypto, Litecoin presents a very good opportunity of redemption for those that missed the Bitcoin train.
This is to say, anyone that invests in Litecoin at this moment is in a strategic position to either suffer a marginal loss or make good profit.
Tether
The genesis of Tether is very much traceable to stable-coins which were initiated to control and limit the fickle nature of cryptocurrencies.
As such, the value of tether largely hinges on the US dollar. Therefore, the operational system of Tether is designed in a way that enables it to speedily convert cryptos to US dollars.
It is a blockchain-based crypto that adequately secures transactions and information, and this has encouraged lots of crypto investors and enthusiasts around the world to amass them in billions for exchanges.
Tether, as of 3 February 2021, is valued at $1.00, which means that there is barely any plausible excuse for a crypto enthusiast to not own any, as it is glaringly evident that there is far more to gain than lose.
Polkadot
Dot, as it is mostly known as, belongs to the Proof of Stake (PoS) family of cryptocurrency. This means that the more dot coin a person owns, the more mining influence he exercises.
Going by this logic, the modalities of the coin is holder-oriented as it leaves its owners with significant power, thereby reducing its susceptibility to the general landscape of the crypto world.
In any case, this coin aims to sync itself with other crypto blockchains for wider acceptability and significance. Dot, during the time of this post, is valued at $15.97 and if its synchronization with other crypto blockchain networks comes into full realization, there might be a major skyrocketing of its value.
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