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Cryptocurrency News Articles
As Bitcoin Hits $100,000 and Altcoins Surge to New Highs, Attention Focuses on the Market Leaders
Dec 25, 2024 at 06:30 am
As Bitcoin hits $100,000 and altcoins surge to new highs, attention focuses on the market leaders. Yet, beneath the surface, some digital currencies remain unnoticed. These undervalued tokens could see significant growth by 2025.
As Bitcoin reaches $100,000 and altcoins hit new highs, attention naturally shifts towards the market leaders. However, beneath the surface, some digital currencies remain unnoticed, presenting potential opportunities. These undervalued tokens could experience significant growth by 2025.
With a bull run underway and a potential rise in meme coins, uncovering these hidden assets might reveal the next big opportunities in cryptocurrency. Here's a closer look at some promising coins to consider:
Cardano (ADA)
Cardano is making waves in the cryptocurrency world with its native coin, ADA. Designed to be flexible, sustainable, and scalable, Cardano offers a platform for smart contracts. This allows developers to build decentralized finance apps, create new crypto tokens, and develop games. Similar to Ethereum’s ETH, ADA can be used to store value, make payments, and earn rewards through staking on the Cardano network.
What sets Cardano apart is its environmentally friendly approach. It uses the Ouroboros proof-of-stake system, which is much more energy-efficient than the traditional proof-of-work model used by Bitcoin, making it better for the planet. Additionally, Cardano’s blockchain is divided into two layers: one for transactions and one for smart contracts. This design enhances its ability to process transactions rapidly—potentially up to a million per second. Since March 2021, with the introduction of native tokens, Cardano enables secure and low-fee interactions with smart contracts. In the current market, where sustainability and scalability are highly valued, ADA presents an attractive option. As Ethereum faces challenges with high fees and scaling, Cardano’s innovative approach might give it an edge.
Stellar Lumens (XLM)
Stellar (XLM) is a decentralized network that makes moving money simple and affordable. Since its launch in 2014, it has processed billions of transactions and partnered with major companies. What sets Stellar apart is its ability to handle transfers of any currency, including digital versions of national currencies and other cryptocurrencies like Bitcoin. Unlike some cryptocurrencies aiming to replace traditional finance, Stellar works to improve it by connecting different financial systems on one network. This approach allows people to send money across borders quickly and at a low cost using Stellar-powered apps.
In the current market cycle, Stellar’s focus on real-world applications makes it stand out. With low transaction fees and quick transfer times, it appeals to both individuals and businesses. Companies can build apps on Stellar’s blockchain or use it for payments and currency exchange. Compared to other coins that are more speculative, Stellar offers practical solutions that can boost its adoption. As the crypto market evolves, coins with strong technology and real use cases, like Stellar, may have an edge. For those looking at the long-term potential in digital assets, Stellar’s blend of innovation and practicality makes it an attractive option.
IOTA (IOTA)
IOTA offers a fresh take on distributed ledger technology. Instead of a traditional blockchain, it uses something called the Tangle. Think of it as a multi-dimensional web where transactions are fast, secure, and free of fees. This unique setup allows data and value to move directly between parties without middlemen. With its open-source tools, IOTA empowers individuals and businesses to dive into Web3, creating and managing their own applications, tokens, and more.
In today’s market, IOTA stands out with its upcoming IOTA 2.0 upgrade, set to launch in 2024. This upgrade aims to fully decentralize the network, making it more robust and efficient. Compared to other coins that rely on heavy transaction fees or slower networks, IOTA’s feeless and scalable approach is attractive. It also supports smart contracts compatible with Ethereum, opening doors for developers familiar with that ecosystem. As the crypto space evolves, IOTA’s innovative technology and forward-looking vision could position it as a key player in building the economy of the future.
Shiba Inu (SHIB)
Shiba Inu (SHIB) began as a playful nod to Dogecoin but has grown into something more. Launched in August 2020 by an anonymous creator named Ryoshi, SHIB runs on the Ethereum blockchain. This gives it access to Ethereum’s vast ecosystem. SHIB started with a huge supply of one quadrillion tokens. To build trust, half were sent to Ethereum co-founder Vitalik Buterin. He donated a large portion to the India Covid Crypto Relief Fund and burned 40% of the total supply, reducing the number of SHIB tokens in circulation. These actions boosted SHIB’s profile in the crypto community.
Unlike Dogecoin, SHIB’s place on Ethereum means it can do more. It has launched ShibaSwap, a decentralized exchange where users can trade tokens. SHIB plans to introduce an NFT platform and a system where holders can help make decisions. This shows SHIB’s potential to be more than just a meme coin
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- The Crypto Industry Braces for a Regulatory Overhaul Under Trump's Leadership
- Dec 25, 2024 at 09:00 pm
- The cryptocurrency industry is eagerly awaiting the rollout of his long-promised regulatory overhaul. According to Reuters, there is growing anticipation over potential executive orders aimed at cementing the U.S.’s role as a global leader in digital assets.