Best 10 Altcoins in Cryptocurrency Today! What Coins Do You Like?
So much has changed in cryptocurrency over the past few months let’s go over the top altcoin projects in the crypto space today and i’m curious if the coins on my top 10 list are the same as the coins on your top 10 list what altcoins are on your top 10 list here’s my list of the top 10 altcoins in the crypto space today
Coin number one making our list today although these are defy is booming if you are a subscriber to our channel perhaps you’re already in the know as to why if you have yet to subscribe here’s what you need to know liquidity is flooding into algorand’s defy ecosystem the total value locked on algorand hits 270
Million for the first time today hive mind capital deployed 25 million worth of capital in algrand d5 giving the ecosystem a liquidity injection several other catalysts have helped algorand boom ahead of other project projects but the rise may be short-lived due to the macro climate if you like algorand give this
Video a like on the coin number two altcoin number two making our list today is zilica zilica is highly undervalued particularly when it comes to awareness it’s an alternative layer one to ethereum but it doesn’t get talked about as much as a cardano as much as a solana but they have tons going for them including these
Two big milestones or future milestone zilla catap’s former president of the cboe europe mark hemsley as their chairman of the board and also they’re preparing to transition into proof of stake consensus model so mark hemsley is a big get for them silica research ltd the developers of the silica blockchain
Today announced the appointment of mark hemsley as the company’s chairman of the europe and the executive vice president of cboe global markets so this guy is highly connected in the legacy world if you are excited about silica’s future give this video a like of course hemsley is joining the board of silica research as
The layer 1 protocol as zilica prepares to transition into zilica 2.0 proof of stake consensus model designed to make the silica platform more cost effective and energy efficient altcoin number three one now don’t say you understand avalanche unless you understand this big upgrade that they just implemented
And what it’s going to do for their platform avalanche subnets can now let validators stake using the subnets native token so avalanche subnets can now let validators stake and earn rewards with the subnet’s own native token due to the implementation of the banff upgrade today the upgrade provides subnet creators with
More customization and control over their ecosystem if you’re unfamiliar subnets are application specific blockchains within the wider avalanche ecosystem each subnet can have its own purpose its own set of validators and its own level of security subnet validators must also validate the main avalanche subnet
Validators for participating subnets choose to stake the subnet’s native token they will be able to earn rewards in that token so projects building on avalanche kind of like we see projects building on ethereum can now earn rewards in that next layers native token validators will still need to stake avax tokens too which
Is why they make our list today which will be required for the upcoming native cross subnet messaging feature this upgrade is huge for avalanche their ecosystems only getting bigger and better if you like avalanche if you hold app avalanche like the video let’s move on to coin four next coin making our list has
Just launched it’s being touted as a solana killer now some of its tokenomics are in question but i think it has a lot going for it and it’s just a fact the biggest gains of the next cycle are going to come from the newer coins that are fresh for that cycle and not necessarily coins that have been around forever there’s
Less risk with coins that have been around for longer like this solana killer aptos launches its highly anticipated mainnet the vc backed layer 1 solution was built by facebook slash meta alums and touts a novel transaction ordering algorithm if you’re psyched to hear about newer coins give this video a like
And let me tell you about aptos with the secret sauce conjured in the bowels of the safest and most scalable l1 blockchain aptos launched its mainnet today the culmination of four years of technical development and a one billion valuation leading exchange ftx and aptos investor has already announced it will be listing
The aptos token dubbed a potential salonic killer by many aptos as the latest high-profile attempt to build the perfect blockchain for smart contracts code that supports the sprawling world of nfts dows in testing aptos claims it has handled 130 000 transactions a second compared to 30 per second on ethereum
Kind of a vanity metric but also key to the nascent aptos ecosystem is the affiliated move programming language which prioritizes scarcity and control this will not be the last time you hear about aptos keep these guys on your radar we’ll be doing that moving forward altcoin number five on today’s list is solana for the
Very reason so many people are counting them out yet they have so much going for them not only integrated with coinbase wallet not only integrated with openc but this right here helios raises 3.1 million to make solana app building faster and cheaper the infrastructure startup hailing from former coinbase
And amazon engineers built a streamlined solana development platform making it that much easier to build out solana’s ecosystem solana infrastructure startup helios today announced that it has raised 3.1 million seed round in an effort to provide the tools to help developers build web 3 apps in less time and for less
Money co-founded by engineers formerly of coinbase and amazon quote from the ceo regarding their mission and intention with this money in the solana blockchain the solana blockchain is quite hard to work with and understand especially compared to ethereum we’re trying to simplify blockchain data and make it easy
To work with and build on top of it will allow developers to build much faster and cheaper my hope is that people who are intimidated by crypto development and people who are coming over from web 2 to web3 will have a much smoother crypto but also solana specifically as well so don’t count solana out it’s one of
The blue chips going to next cycle altcoin number six is polygon it makes our list today for a couple different reasons number one reddit users created 3 million crypto wallets on polygon to scoop up the reddit avatar polygon nfts in addition and it just seems like polygon is making partnerships with so many big
Players polygon is taking newbank from web 2 to web 3 in a strategic partnership with polygon nubank is launching its own chain using supernats and thus its digital token new coin on polygon this move will open the gateway for 70 million new bank users to use the web 3 space specifically on polygon these are the details
Newbank a fintech new coin token on polygon blockchain october 19th paving the way for a rewards program for its 70 million clients across latin america the company said that the token will be available in the first half of 2023 and it will recognize customer loyalty and engagement with the bank products
Without cost or fees for its users the tokens can be redeemed for perks and discounts on select products but for all those reasons and more polygon makes our list if you like polygon let me know in the comments below altcoin number seven making our list today is ethereum is ethereum an altcoin let me know in the comments
Below comes to being an ethereum holder fidelity digital assets just announced that they will be offering the ability to buy sell and transfer ethereum starting october 28th in addition and if you subscribe to our channel you know ethereum has the greatest market share out of all the l1s it’s the biggest in
The game besides bitcoin so we can chains but ethereum has all of that and more awesome this nft house just sold for 175 thousand dollars worth of ethereum over the weekend holding the nft gives you ownership of the actual house in south carolina the company that made it happen is roof stock and you can view the
Traits on open c this is what the listing looked like on openc the different properties the bathrooms the bedrooms the city somebody bought the nft for ethereum and then they got the rights to the house altcoin number eight making our list is tezos shopify in integrating tezos shopify users can get their hands on
Tezos nfts with the new partnership the tezos nft ecosystem gained a lot of traction over the past year due to its low cost of minting and energy efficiency tezos still in the game this is a quality partnership tezos makes our list binance altcoin makes our list finance along with coinbase and ftx are the three largest
Crypto companies in the space potentially the next amazon the next microsoft the next google if cryptocurrency adoption is to continue which i think it will in binance positioning themselves very well binance delegates 13.2 million uni tokens becoming uniswap dao’s second largest vote holder altcoin number 10
Cardano let me know why in the comments below the reason why i like cardano is because their ecosystem continues to grow numbers don’t lie cardano daps have seen significant increase in user activity over the last 30 days and even in the last five days cardano activity is growing nft volume hit 3 million and 2.8 million
Ada cardano as the third largest nft protocol network transactions on the 19th hit 97 000 up 75 percent month over month even their dex volume the highest in half a year at 3 million daily which cryptocurrencies should i have added to today’s we drop a video every day see you tomorrow
Transcribed from video
TOP 10 ALTCOINS (BEST CRYPTO) set to EXPLODE! By Altcoin Daily