While Bitcoin and Ethereum hold a very strong lead as the first and second cryptocurrencies by market cap, I thought I would switch it up and instead write about a few other altcoins that I am excited about for this bull run. All prices are listed in USD.
1. Polygon (MATIC)
+58.28% in the past month
Current price: $0.80
All time high: $2.92
What has me excited:
- Yesterday (Nov 16th), MATIC set a 2 year high for total transactions on the network in a 24 hour span - with 6.1 million transactions being recorded
- Transactions in general have also been steadily increasing over the past month
- The value of MATIC futures almost doubled in the past month, to the tune of $240 million
2. Chainlink (LINK)
+84.06% in the past month
Current price: $13.39
All time high: $52.88
What has me excited:
- Currently has over 1,900 projects use LINK to connect smart contracts with off chain data
- At the forefront of intersecting AI with blockchain technology
- Because LINK exists to co-exist with other blockchains, it can be a solid bet going forward as it is incredibly versatile compared to other chains
3. Stellar (XLM)
+12.52% in the past month
Current price: $0.11
All time high: $0.87
What has me excited:
- At its current low price, XLM is the kind of crypto you can still buy tons of for cheap. Only $100 will give you 909 XLM
- One of the best solutions for cross border money transfers
- Supply of XLM is currently capped, with no plans to introduce more supply to the market - thus increasing scarcity
What 3 altcoins are you most excited about? Leave your answers in the comment section!