Post
Topic
Board Speculation (Altcoins)
Re: 4 Altcoins to look at in 2023
by
peter0425
on 09/01/2024, 11:54:17 UTC

2# ETHEREUM

Ethereum has achieved PoS in 2022, making it a top contender against Bitcoin's PoW when combatting climate change. PoS will make Ethereum less wasteful because PoS requires less energy consumption.
In addition, Ethereum is now more scarce as well even if Ethereum's supply has no hard cap but inflation of Ethereum is reduced since PoS.
Ethereum is still strong in DeFi applications, such like Uniswap. More demand of DeFi applications could drive demand for Ethereum.
Only issue is scalability of Ethereum: while Blockchains such as Avalanche have solved scalability, scalability on Ethereum still needs to be coded, which could take lots of time.

This is the only one that stays in my pocket up to now , though I used to have Dogecoin back in the days but since it was completely manipulated I decide to leave it and change for other altcoins.

Ethereum is one of the safest coin for me , though it is not increasing like other altcoins yet this is the best coin for me.