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3 Best Altcoins to Invest In-WazirX

If you are a beginner in the crypto world and you have no idea about Altcoin. Check this presentation that is all about "best altcoins to invest in". Learn more at https://wazirx.com/blog/7-altcoin-investment-strategies-you-need-to-know/

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3 Best Altcoins to Invest In-WazirX

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  1. 3 best altcoins to invest in?

  2. Ethereum • The only crypto coin that can be called a competitor to bitcoin is Etherum. That can be seen in its growth this year, as the cryptocurrency increased more than 500%. The reason behind its success and 2nd spot in the market can be attributed to its development strategy. • The coin was created using smart contracts that paves way for blockchain to allow decentralized applications. • Ethereum is also one of the most useful cryptocurrencies because of its features that allow everything on its network from gaming to socializing. • Additionally, the reason why it is recommended to invest in is that an upgraded version, called Ethereum 2.0 is being developed and will be launching in 2022.

  3. Solana • If we look at the numbers and growth, the top-performing cryptocurrency this year has been Solana. The market capitalization of the coin reached $70 billion from just $1 billion within a year. The top reason why investors are choosing this currency is that- • Solana hosts a new and updated blockchain technology. It has proven to be helpful in increasing translation fees without increasing the costs. • The second reason is its growing acceptance in the market. As more and more cryptocurrencies exchange list Solana, it becomes more accessible and easy to invest in.

  4. Polkadot • Polkadot was created and launched in the year 2020, by the ex-founder of Etherum. It was created with the aim to solve the current issues in crypto. Since then it has captured the growing interest of investors and its success can be credited to its top two features, that are - • It offers users the chance to trade bitcoin in exchange for ethereum directly on its blockchain network without the need for a trading platform. • Polkadot offers users to communicate seamlessly using its blockchain with other cryptocurrencies and blockchain networks.

  5. Conclusion • The past few months have been critical for crypto growth in the world. The recent statistics showcase an increase in investment in virtual currencies. Suggesting that investors should keep an eye on them in the coming year. Before you start buying them, ensure to select a reliable trading exchange in India such as WazirX.

  6. Thank You

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