Post
Topic
Board Altcoin Discussion
Re: Best altcoins to HODL?
by
DamonWilliam
on 02/02/2021, 06:52:20 UTC
Some say altcoins pump once, then it´s over forever. But that´s not always true. If the coin has real technology and usage behind it we could see it go to the moon in the future. Which altcoins have the best potential to stick around and create gains in the future?

Hard to say, but let me give you some,

[1] Ethereum (ETH), obviously as the prime mover of altcoin market, this should be the top choice. Just look at the massive pump in January, it already surpasses its all time high because of the hype around ETH2.0. And although it has a lot of competition, still it remain at the top of the food chain

[2] Polkadot (DOT) - at one time, flips XRP, sets a new all time high. It's market structure is very strong, and it could challenge ETH regarding scalability, specially their "parachains" design.
If ETH 2.0 does come out, then the gas fee should decrease and then the popularity of the blockchain for creating smart contracts will increase, the influx of users will be much greater, in this scenario, the price of ETH will have to grow anyway.

But, I would add another UNI coin from Uniswap to your list. In this project, it is very easy to exchange coins, so this project will definitely become even more popular and more popular. Yes, this is a defi project, I know, but this project is already more or less settled in the cryptocurrency market.
Many people doubt the defi world, so most of them are afraid to invest their money there.

But, as the saying goes "people are afraid, reject everything that they do not understand," I am not such an ardent fan and investor of the Defi world, because there you can really easily lose your money. But personally, I am an investor in the UNI coin, this coin of the Uniswap platform, while the platform becomes popular every day, the growth of the coin will not be avoided.