TOP 5 Altcoins Ready To BLOW UP || Best Cryptocurrency To Invest 2023 with HUGE POTENTIAL

These are the TOP 5 Altcoins ready to BLOW UP for the month of August in 2023. We will go over the best cryptocurrencies/Altcoins to invest in 2023 and hold for the long term! Enjoy!

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Top 5 Altcoins 1:49

There are hundreds of bad coins out there in the market, but there are a few coins out there are worth taking the risk and holding on to them for the long run, such as Ethereum, Cardano or Polygon Matic and Bitcoin. So be sure to watch the video “TOP 5 Altcoins Ready To BLOW UP || Best Cryptocurrency To Invest 2023 with HUGE POTENTIAL” To get a better idea of how to research cryptocurrencies and for my top 5 cryptocurrency picks ready to explode for the month August in 2023!

For example, In July, we have some major Ethereum upgrades coming up and one of them being the EPI 1559 in july, and the shift from proof of work to proof of stake in november or december, and these changes are going to make ethereum’s transaction fees much lower and ethereum will become deflationary, and also the complete elimination of mining, which will reduce carbon footprint by 99 percent, and this will make ethereum a green technology, this is some of the reasons as to why we should all keep an eye out for Ethereum and think about it in the long term.

Polygon is another cryptocurrency that is significantly more than just a digital asset. Polygon isn’t a currency at all; it’s a network that uses Ethereum technology to create a framework for creating and linking blockchains. But it does have a token, MATIC.

Polygon’s success is based on its Decentralized Finance (DeFi) transaction benefits. It is seen by users as a solution to avoid Ethereum’s crazy gas expenses. Furthermore, MATIC transactions consume less computational power. When contrasted to Ethereum, which has scalability concerns in addition to exorbitant fees, Polygon is the clear winner. As a consequence, Polygon’s network now has sidechains for numerous crypto lenders and DeFi platforms.

So, how do these benefits affect MATIC prices? It’s a lot like what we’re seeing with Cardano. Polygon coin’s functionality makes it more appealing to consumers, attracting inflows. As a result of these inflows, the native coin’s price is rising.

Those that trade cryptos rather than utilize them will follow whither the possibility of constantly growing prices leads. Rather of cashing out, crypto investors are shifting their holdings away from well-known cryptocurrencies and onto up-and-coming altcoins. Polygon stands to gain in this circumstance.

So if you’re an Ethereum supporter, the it would be worth it to look into Polygon Matic.

despite the fact that the crypto market faces several obstacles, including probable regulatory scrutiny from the US government, what is the best course of action? The possibility of another crypto meltdown isn’t totally out of the question. However, given what lies ahead for ADA-USD, now may be the best moment to start accumulating a position…

Not only that, but as we all know everyone has been accumulating, including cathie wood, ceo and founder of ark invest who has over 200 million dollars worth of shares of the grayscale bitcoin trust.. And we finally have confirmation that Elon Musk officially owns bitcoin, ehtereum and dogecoin, and even spaceX owns bitcoin, and tesla will soon start accepting bitcoin again…so if we know anything about the crypto market, is that it tends to follow bitcoin’s trajectory…

But the biggest reason for Cardano to be taken seriously is smart contracts, which is going to add the capacity to build decentralized applications on Cardano’s foundation of high assurance development and peer reviewed research.

DISCLAIMER: You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based on personal experience. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment.

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TOP 5 Altcoins Ready To BLOW UP || Best Cryptocurrency To Invest 2023 with HUGE POTENTIAL

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Kane Dane