The post here are the most popular Altcoins appeared on BitcoinEthereumNews.com.

SPONSORED POST* The ideal word to describe 2023 for the crypto world is rollercoaster because the assets’ prices suffered major fluctuations. But it seems like the sector is heading towards a bull market again, so everyone believes that cryptocurrencies’ value will increase. The industry will provide investors with multiple opportunities to boost their profits.  The main reason why experts believe the market will turn bullish is that Bitcoin has registered a price spike. Considering the sector’s history, chances are all the other cryptocurrencies will follow the same trend. In April this year, the pioneer of the market went through a halving event that cut block rewards in half. After this event, the supply available for miners to sell dropped by 50%. Usually, halvings are preceded and followed by periods when Bitcoin’s price goes up due to increased demand, and Ethereum price will follow suit.  In a context when the future of Bitcoin seems bright, it’s essential also to have a look at the altcoins that drive increased returns on investment.  Ethereum No one familiar with the crypto sector should be surprised that Ethereum is listed first when discussing altcoins that perform well. Everyone recognizes its dominance in the DeFi system and the successful transition it completed to the eco-friendlier Proof of Stake algorithm. Even if many other cryptocurrencies have gained popularity in the sector over the years, it remains a key player, with the second largest market capitalization.  Ethereum is more than digital money; it is a platform that hosts dApps and smart contracts, and it powers decentralized finance. Over the last few years, institutional investors have started to turn their attention towards Ethereum because it proved that it has the potential to provide them with a profit. Solana Solana is one of investors’ top choices when it comes to…

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Filed under: News - @ June 22, 2024 11:10 am