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Chainlink (CCC:LINK-USD) has had a volatile year so far. After closing at $11.87 on Dec. 31, LINK crypto is now at $22.26, as of early Sept. 22, 2021. This means its performance year-to-date (YTD) is almost double (i.e., +87.5%).

However, in 2021, Chainlink has had a roller coaster ride. It spiked to $52.20 on May 8 and then dropped like a rock to a low of $13.78 on July 19. Subsequently, LINK spiked again by 61.5% to $22.26 as of  Sept. 22. Chainlink is now the 15th largest crypto, according to Coinmarketcap.com, with a market value of just over $10 billion ($10.1 billion).

Correlation With Ethereum

Its performance is also highly correlated with Ethereum (CCC:ETH-USD), the second-largest cryptocurrency with a $336 billion market cap as of early Sept. 22. For example, Ethereum is up about 294% YTD, but from its recent trough also on July 19, it is up 61% to $2,877 as of early Sept. 22. This is similar to the 61.5% spike in LINK crypto since the same trough date.

Ethereum blockchain rival Cardano and TV and wireless service provider Dish Network said they’ve entered a deal to help Dish integrate the Cardano blockchain into its telecom business and help provide digital identity services to Dish customers.

Input Output, Cardano’s parent company, also said it partnered with Chainlink to help Cardano developers build smart contracts for secure decentralized finance (DeFi) applications.

The announcements were made during the Cardano Summit 2021.

After rising to as high as $2.46 earlier Saturday, the price of Cardano’s ADA token was down 0.42% over the last 24 hours at $2.28. Meanwhile, Chainlink’s LINK token was up 4.17% on the day to $24.50.

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Toronto, Ontario--(Newsfile Corp. - April 8, 2021) - Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) ("Graph" or the "Company") as a follow up to our news release on April 6, 2021 is pleased to announce the Company has deployed capital into a third cryptocurrency, Chainlink's token ("LINK Token"), for the purpose of staking.

As part of our recent deployment of $2,000,000 previously announced on April 6, 2021, the Company allocated the final tranche of $500,000 into LINK. Additional information will be provided on the LINK Token as the project develops and progresses through its development phases.

Paul Haber, CEO of Graph Blockchain Inc., commented, "We are very excited to be deploying funds into our third token purchase. We feel strongly that Link will appreciate in value given it has a substantial market cap of over USD $13B, a fixed supply, and is possibly the most important piece of infrastructure in the blockchain ecosystem. Graph understands firsthand how valuable bridging onchain and offchain data sources is to smart contracts and Chainlink is the best solution on the market."

About Chainlink

Chainlink is a decentralized oracle network that provides off-blockchain data to smart contracts. Chainlink was first described in a white paper published in September 2017. Chainlink is a decentralized network that connects smart contracts to external data or the outside world. It aims to bring real world data onto the blockchain so that smart contracts can interact with real world events and information that exist off-blockchain. Chainlink was built to increase the potential applications and prospects for smart contracts and reduce their need to rely on trusted third parties.

LINK is the digital asset token used to pay for services on the Chainlink network. It is built on Ethereum in accordance with the ERC20 standard for tokens. LINK can be bought and sold for fiat currency or other digital currencies. The supply of LINK is fixed at 1 billion LINK tokens.

About Graph Blockchain Inc.

The Company is a blockchain development company that provides high performance blockchain solutions that include graphic data analysis and consulting services, implementation of data mining analysis through the use of graph databases and speed enhancements of blockchain control systems for businesses and government. This includes the Babbage Mining Corp. which will focus on altcoins, alternative cryptocurrencies to Bitcoin. Graph will be the first publicly tradable altcoin Proof of Stake ("POS") miner, which will generate revenue while providing exposure to several top digital assets by market capitalization.

By mining altcoins through Proof of Stake, Babbage can provide to its investors exposure to the vast emerging market of cryptocurrencies with the significant technological disruption and potential gains that altcoins represent.

Additional Information on the Company is available at www.graphblockchain.com and www.babbagemining.com

For further information, please contact: Jamie Hyland Phone :604.442.2425 Email: jamie@graphblockchain.com

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking statements. Such statements may prove to be incorrect and actual results may differ materially from those anticipated.

Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events, or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

###

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/79738

Altcoin Daily host Austin Arnold is listing three altcoins that he says are “about to go crazy”.

In a new video, Austin tells his one million YouTube subscribers that the altcoins in question are Dfinity Foundation’s Internet Computer (ICP), the bridge currency XRP, and blockchain oracle network Chainlink (LINK).

Kicking off the list with Internet Computer, Austin says that the crypto project focused on becoming a decentralized global computing platform, is planning to introduce smart contract functionality to Bitcoin.

“Internet Computer smart contracts will gain access to Bitcoin liquidity and Bitcoin will gain powerful new smart contract functionality without the need for insecure and cumbersome trusted bridging services.

So this could be big – a DeFi [Decentralized Finance] ecosystem for Bitcoin is a major industry initiative. It would mean the world’s most popular cryptocurrency, Bitcoin, could be used for lending, yield farming, derivatives, liquidity pools and more.”

Turning to XRP, Austin says the developer Ripple Labs has encountered a setback in the lawsuit filed against it by the U.S. Securities and Exchange Commission (SEC).

“…Ripple filed a motion back in August 27th requesting information about whether SEC employees had purchased and traded Bitcoin, Ethereum and XRP. The United States Magistrate Judge Sarah Netburn rejected this motion on Tuesday…

…so what this means to you as a potential XRP holder is that Ripple will have to find another way to prove to the SEC that XRP is not a security. That’s of course the SEC’s point of view. They’re the ones that are suing Ripple and the case is heating up.”

In the case of Chainlink, Austin says that the blockchain oracle network’s recent integration with decentralized cold storage aggregator Coldstack is bullish.

“…big green flag for LINK holders. Here’s the reason Chainlink was chosen – because in their [Coldstack] words ‘Chainlink is the industry standard in blockchain oracles’.”

Austin also quotes Coldstack’s CEO Alexander Shishow showering praise on Chainlink.

“In a direct quote from Coldstack CEO… ’There really isn’t any substitute for Chainlink – if we want to provide the best data storage solutions for our users, then it makes sense to use the best oracle service provider in the industry.’”

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A popular crypto trader and top strategist says that one altcoin is primed for a breakout.

Analyst Michaël van de Poppe tells his 126,000 YouTube subscribers that the Ethereum-based blockchain network Chainlink (LINK) appears primed for a breakout.

Van de Poppe notes how that the pattern in LINK’s chart signals an upward surge.

“It’s very likely that we’re going to have a breakout happening here. You see this construction quite often, in which… we are making some sort of rounded bottom.

A rounded bottom implies we’re going to have higher lows [and] higher highs quite swiftly.”

Van de Poppe says that if LINK can sustain a specific key level, it will continue to climb.

“At this stage, if Chainlink is going to sustain above this level here, which is around 60,000 (.0006 BTC) satoshis  ($28.87), I think we are eager for a breakout to the upwards momentum.

The next run of Chainlink will be happening toward around 80,000 satoshis (.0008 BTC) ($38.50), implying a run of 30%. But then we are most likely going to get a new cycle for Chainlink as well, implying we’re going to have some serious continuation on the markets.”

Chainlink is currently trading at $30.76, a 26% increase from its 30-day low of $24.38 and a 17% decrease from its 10-day high of $36.00, according to CoinGecko.

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Crypto trader and YouTube influencer Aaron Arnold is highlighting his top five altcoins as he predicts the crypto markets are about to go insane.

In a new video, Arnold tells his 998,000 YouTube subscribers that he’s bullish on decentralized oracle Chainlink.

“Chainlink is kind of a blue-chip in what it does. No other oracle crypto like Chainlink is doing it as big as Chainlink… LINK looks like it’s gearing up for a breakout. So Chainlink, yeah, I happen to be bullish as long as we’re in a bull cycle.”

Looking at Polkadot (DOT), Arnold cites a crypto strategist who believes that the interoperable blockchain will follow the footsteps of explosive altcoin Solana (SOL).

“This particular analyst is comparing it, saying that DOT could pull a move like Solana. ‘Getting some major Solana vibes from DOT. It’s been rejected a few more times, but I think the trajectory (weekly candle close), relation to the previous all-time high and the fact that it hasn’t really pumped this entire run. I’m hoping it can shine like SOL in the next couple weeks.'”

As for Elrond (EGLD), the crypto trader highlights that the internet-scale blockchain recently printed a golden cross, a bullish signal where the 50-day moving average (MA) crossed above the 200-day MA. Arnold cites another analyst who says that during the two previous golden crosses, EGLD reached a new all-time high in 62 days. Arnold says the analyst predicts EGLD hitting as high as $2,500 on October 18th.

Next up is Ethereum competitor Avalanche (AVAX), which the crypto trader says is gaining momentum as more users flock into the smart contract platform.

“We saw what happened with Solana and AVAX, in my opinion, is very similar to a Solana. AVAX is generally gaining in network, popularity, and price action. What they’re doing seems to be attracting a lot of [users].”

The last coin on the trader’s radar is privacy-focused Mina Protocol (MINA), which Arnold says is backed by some of the best venture capital firms in the crypto industry. He adds that long-term holders of MINA have little reason to sell due to the staking mechanics of the coin.

“I don’t think there’s going to be a lot of selling going on anytime soon because the way that the staking works, the highest rewards for the stakers happened in the first eight months or [one] year. So there’s really no reason to sell, unless, you can always take profits but I think a lot of people want those staking rewards.”

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I’ve been on the sidelines with cryptocurrencies, but it’s an asset class that is fascinating for many reasons. For many crypto investors, the conversation about best cryptos begins and ends with Bitcoin (CCC:BTC-USD). However, it’s becoming increasingly apparent that Bitcoin does not need to be your digital currency of choice.

That’s because there’s been a massive wave of altcoins that have entered the cryptocurrency market. Altcoins (or alternative coins) are loosely defined as any coin that is not Bitcoin. Based on that definition, Ethereum (CCC:ETH-USD) is the most well-known altcoin. But there are now dozens of other altcoins competing for attention.  And some of these may be considered the best cryptos for speculative investors.

For a long time, the price of altcoins had a strong correlation to the price of Bitcoin. But that has started to change. This may be a sign of a maturing market. Altcoins are typically created to solve specific issues that Bitcoin leaves unresolved. However, in a free market, investors are free to vote with their dollars (in this case their digital dollars). And in that regard some altcoins are looking more useful over time.

With that in mind, here are seven of the best cryptos that you may want to consider.

Crypto analyst Michaël van de Poppe is analyzing five altcoins that he believes could surge in price this month.

The analyst says layer-one projects like Cardano (ADA), Solana (SOL) and Avalanche (AVAX) are currently doing great, so similar projects are likely to follow suit. Layer-one projects are built into basic blockchain protocols to help improve scalability and function.

Van de Poppe says the layer-one project Cosmos (ATOM) is still inside its accumulation range against Bitcoin (BTC), and once it breaks out of that accumulation range, the “first real impulse wave” for the asset will happen.

Cosmos is designed to help developers build interoperable blockchains that can transact and exchange data with one another, creating a decentralized internet of blockchains. The project’s native asset ATOM is trading at $25.08 at time of writing and is up about 25% in the past week, according to CoinGecko.

Next on Van de Poppe’s list is the Mina Protocol (MINA), which bills itself as a “lightweight” blockchain platform. The project’s native asset MINA is trading at $4.12 at time of writing and is up nearly 40% in the past seven days.

Price-wise, the analyst says “the next levels that we should be looking at” for MINA are $5.30 and $8.00.

Van de Poppe is also looking at the decentralized oracle platform Chainlink (LINK), which he says “is not doing anything at all, yet.”

Chainlink’s native asset LINK is trading at $29.45 at time of writing and is up nearly 11% in the past week. The analyst says LINK has been performing weakly against Bitcoin and is primed for a new impulse wave against BTC.

“The oracles underperforming shows that there is a big opportunity lying in the oracle section. If you want to have exposure towards the oracles, the cheapest option, or the most risk-averse option, is to take the entry on Chainlink.”   

Fourth on Van de Poppe’s list is the sharding protocol ONE, the native asset of Harmony. ONE is trading at $0.121543 at time of writing and is up almost 11% on the week, according to CoinGecko. The analyst says ONE’s positive price action is eager to continue, predicting an impulse wave for the asset in terms of its Bitcoin pair.

Last on Van de Poppe’s list is the smart contract platform Tezos (XTZ). The analyst notes Tezos’ native asset XTZ hasn’t seen any bullish movement against Bitcoin all year. He says if the asset breaks through its current resistance, it could 2x against BTC.

XTZ is trading at $5.32 at time writing and is up nearly 6% in the past week.

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Altcoin Daily host Aaron Arnold is listing seven cryptocurrencies that he expects to rally.

The cryptocurrency influencer tells his 947,000 YouTube subscribers that Ethereum (ETH) is one of the digital assets that is “about to pop.”

Aaron argues that Ethereum’s ecosystem is thriving and that the asset is undergoing a supply shock as a result of the fee-burning mechanism that was introduced with the network upgrade earlier this month.

“Speaking of cryptocurrencies about to pop, we need to talk about Ethereum. This is Ethereum’s cycle to lose, my friends. There is so much good going on in the Ethereum ecosystem. How can you not be bullish?”

[03:42] “Ethereum looks ready to pop and is definitely going through a supply shock right now. Ethereum is trading on top of stable support, while selling pressure behind it is drastically diminishing.”

Next up on the crypto influencer’s list is Ethereum competitor Cardano (ADA). According to Arnold, Cardano’s interoperability is growing as it gears up to launch smart contracts, which could be a bullish signal.

“This is big news for Cardano as they’re approaching their smart contracts September 12th upgrade. Something else has popped up, which is pretty, pretty cool. Cardano is getting an Ethereum-compatible side chain…

The side chain will use wrapped ADA as the assets to pay for transaction fees… This is better for Ethereum, this is better for Cardano. The point is everything is becoming interoperable, and it’s good that all of these networks are working with each other and talking to each other. Hugely bullish on Ethereum. Hugely bullish on Cardano.”

Arnold highlights Solana (SOL) and blockchain oracle Chainlink (LINK) as additional altcoins with growing interoperability.

“Solana developers can now use Chainlink’s DeFi [decentralized finance] price feed. Chainlink oracle is now live on Solana’s network. Builders now have access to reliable price data. So like I said, bullish on Solana and also Chainlink.”

Fifth on the crypto YouTuber’s list is the native token of smart contract platform Avalanche (AVAX), which Arnold says is currently expanding its ecosystem.

“Just like I’m bullish on Cardano, just like I’m bullish on Solana, also bullish on Avalanche…

Why is Avalanche soaring? Well, it’s pretty simple. Avalanche is onboarding blue chip DeFi protocols…

Avalanche has recently attracted blue chip DeFi projects like Aave [AAVE], Curve [CRV] and Sushiswap [SUSHI]… Besides that, several other nascent DeFi projects in the Avalanche ecosystem are likely contributing to the growth.”

Next up on Arnold’s list is gaming and non-fungible token (NFT) blockchain platform Enjin (ENJ), which recently notched a partnership with a social network.

“I would consider Enjin a blue chip gaming cryptocurrency project protocol. The news is that social network Blockster … collaborates with Enjin and is rewarding 400,000 early users with NFTs.”

The final altcoin on Arnold’s list is XRP, the native digital asset on Ripple’s XRP Ledger. Arnold says that his bullishness for XRP is based on a reading of the parabolic stop and reverse (SAR) indicator.

“XRP is on the verge of a 30% price move. XRP looks ready to spike in volatility. Could see its price move by more than 30%…

…the Parabolic [SAR] points have turned bullish, indicating that a breakout is underway.”

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With smart contracts becoming a necessity in the blockchain, Cardano is making headlines with its new Alonzo update aiming to compete with Ethereum (more specifically Ethereum 2.0). A new challenger seems to be entering the space. $29,999,976 million USDC was just transferred from Binance to Arbitum. What is Arbitum?

According to the official Medium posting, Arbitum is a new open-source cryptocurrency platform that is being built by Offchain Labs. The article then mentions why smart contract developers should be using Arbitum instead of Ethereum. The transfer was spotted on WhaleBot Alerts on Telegram.

Here is What Arbitum Promotes:Compatibility with Ethereum

Arbitum is reportedly compatible with Ethereum meaning developers can write their dapp in Solidity and use an open-source Arbitum compiler in order to compile their Solidity code for it to run on Arbitum. Ether and other Ethereum-based tokens can also be transferred back and forth between the two.

Scalability

Decentralized apps or dapps need only touch the main chain on startup or when they want to send or receive currency from outside of Arbitum. Other interactions can also be done off-chain with a quick turnaround as well as guarantees of finality.

Privacy

Only the participants who validate the execution of the dapp will know the dapp's code storage! Dapp developers will also be able to choose their own validators. Dapp users can be given information regarding internals if desired.

AnyTrust Guarantee

Arbitum reportedly guarantees a correct execution as long as any one validator is acting honestly. This is even if all of the other validators will try to cheat. Parties that are interested in a certain dapp can be validators and everybody has a guarantee of its correct behavior.

More About Arbitum

The article was reportedly written by Ed Felton and according to the description, he is a co-founder of Offchain Labs. Kahn Professor of Computer Science and Public Affairs at Princeton. He also worked as the former Deputy US CTO at the official White House. His profile can also be found on LinkedIn in order to verify.

According to an article by TheDefiant, quite interestingly enough, Arbitum has not yet launched a token for their very own Layer 2 solutions. This reportedly leaves a lot wondering about the project's scaling technologies' success. There was no direct comparison made against Cardano, however, since the Cardano Alonzo update is still fairly new.

Read Also: Crypto Whale 'Confirms' Bear Market Says Won't Buy Until $10K Price Range

Partners with Arbitum

Chainlink also has a deep partnership with Arbitum. This means that the oracle network's nodes could operate Arbitrum validator nodes. Although the direct impact on Chainlink's LINK token remains unclear, the deep partnership is a "speculation vacuum, according to crypto researcher Hasu.

Since Arbitum's mainnet launch has actually gained quite the interest even without having a token, it now appears that investors are looking for the next big thing and have reportedly found it on LINK. This is seen in tweets that equate LINK investments to Arbitrum investments. As of the moment, SundaeSwap is notably one of the highlighted upcoming projects on Cardano.

Related Article: Father Son Hacker Duo are On Quest to Help People Get Back Their Missing Crypto After Forgotten Wallet Passwords

This article is owned by Tech Times

Written by Urian B.

An altcoin is a term used to describe or refer to any cryptocurrency that is not Bitcoin. Nowadays, we question how many altcoins there are, but the exact number is difficult to determine due to the large number of tokens issued on a regular basis to fund various activities or projects. All digital cryptocurrencies established after the popularity of Bitcoin are referred to as altcoins; hence the name, which means "alternative to Bitcoin."

Blockchain organizations create their own cryptocurrency tokens, which are frequently required to use their services. If a platform adds value and people want to utilize it, they'll have to buy its token, which will raise the asset's price.

Bitcoin may be the most popular cryptocurrency, but altcoins are here to stay.

--> 5 Best Altcoins To Buy Now For Future Gains

Cryptocurrency Symbol Last Traded Price( Aug 29) Market Cap Ethereum ETH &dollar3,180.98 &dollar373,546,693,409 Chainlink LINK &dollar25.50 &dollar11,438,608,047 Uniswap UNI &dollar26.28 &dollar16,103,393,192 Polkadot DOT &dollar25.54 &dollar25,260,127,975 Aave AAVE &dollar358.44 &dollar4,712,444,011

Ethereum

Ethereum is a smart contracts platform that hosts the majority of today's significant decentralized apps (DApps). Although Bitcoin was the first cryptocurrency, Ethereum is the blockchain that collects and maintains data as well as housing a variety of apps.

So, why do we predict Ethereum to skyrocket this year? Let's see what happens. Its London Hard Fork update arrived this month, complete with its five EIPs. The update, which promised decreased transaction costs and a deflationary mechanism, was met with a tremendous bull run by ETH. Not only that, but the excitement surrounding Ethereum 2.0 is also driving up the price. Who knows how much ETH will rise once the transfer is complete.

(LINK)

Chainlink is an Ethereum-based decentralized blockchain oracle network. The network is designed to make it easier to move tamper-proof data from off-chain sources to smart contracts on the blockchain.

The LINK token from Chainlink is an ERC677 token, which is an extension of the ERC20 standard. Tokens serve as data payloads, delivering essential data from off-chain sources to smart contracts, which subsequently operate in accordance with the token's contents. [5] [a better source is required] The trade value created from these tokens, according to Chainlink, is used to pay node operators for accessing data from smart contracts, as well as deposits made by node operators as requested by contract designers. Because the ERC677 token keeps all of the functionality of an ERC20 token, it may be stored in any ERC20 wallet.

Uniswap (UNI)

The Uniswap decentralized cryptocurrency exchange's governance token is Uniswap. To grasp how it works and whether the token is worthwhile to purchase, we must first comprehend decentralized exchanges, or DEXs.

Uniswap is a decentralized exchange (DEX) based on Ethereum that primarily trades cryptocurrencies and other tokens. DEXs are the next big thing in cryptocurrency trading, especially in light of the recent problems surrounding centralized cryptocurrency exchanges like Binance. Decentralized solutions are becoming increasingly popular among users as a method to bypass the middleman and take control of their own affairs.

Polkadot (DOT)

Polkadot, a relative newcomer to the crypto industry, has already astonished crypto traders all around the world. Polkadot launched in August 2020 and quickly rose to the top 5 cryptocurrencies, where it has remained since.

Polkadot's primary goal is to enable cross-chain transfers. It allows a range of assets, not just crypto, to be shared between multiple blockchains in this way. As certain as we are that cryptocurrencies will be a part of the future, we are equally certain that multi-chain will be the next big thing in blockchain technology.

Aave (AAVE)

Aave is a decentralized financial system that enables people to lend and borrow digital assets.

Decentralized lending, as you might expect, has a higher interest rate than centralized lending. It also provides more privacy and security. Depositing digital assets into properly designed liquidity pools allows lenders to earn interest. Borrowers can then use this liquidity to take out flash loans using their bitcoin as collateral.

AAVE is the network's governance token and offers its holders discounted platform costs. With the shift to decentralized finance and digital banking, this appears to have a lot of potentials.

Disclaimer

This website's information does not represent investment advice, financial advice, trading advice, or any other type of advice, and you should not regard any of its content as such. Goodreturns.in does not recommend that you buy, sell, or hold any cryptocurrency. Before making any investment decisions, complete your own due diligence and talk with your financial advisor.

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New Delhi: The year 2021 has been the year of cryptocurrencies. As the crypto market saw a major gain in the first half of the year, the craze for the coins kept on increasing. Big companies like Apple, Google, Tesla, Samsung, Facebook, and Paypal have recently included cryptocurrencies in their long-term strategic plans.

A few years back Who would have thought that Bitcoin will touch the $62,000 mark which eventually attracted tons of investors to the market. Some of them were lucky who got onto this fun ride while some are still not able to make their mind.

At this moment the crypto market is in a recovery phase after a huge dump in the past. Bulls are aiming to take full control of the market. So if you are looking to invest in the market for long term then you should consider these coins before they just shoot up.

BITCOIN (BTC)

BTC is the world’s most famous and largest cryptocurrency. Satoshi Nakamoto, who is still anonymous, created BTC in 2009. It is a decentralized digital currency that can be sent from one to another by using a peer-to-peer BTC network without any intermediaries.

It has a supply of 21 million maximum coins and till now more than 18 million have already been mined.

ETHERIUM (ETH)

ETH is the 2nd-largest cryptocurrency by market capitalization and the next generation of blockchain technology that has grabbed eyeballs of the investors. ETH is one of the top contenders for the best cryptocurrencies to buy list for the long term.

Vitalik Buterin and 7 others created Etherium in 2014 and it is one of the largest platforms for decentralized applications also known as DApps. ETH has a bright future and it is expected that it will continue to shine.

CHAINLINK (LINK)

LINK is among the best coins to invest in this year as this project still arouses the interest of retail and institutional investors alike. Chainlink expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology.

DOGECOIN (DOGE)

The coin which was just started as a meme cryptocurrency has come a long way. 2021 has been a turnaround year for DOGE. The coin saw an increase of 15,000% which makes it one of the hot cryptocurrencies to buy.

Dogecoin is a direct source of encouragement for all the altcoins who are still trying to prove their existence in the market. Tesla and SpaceX boss Elon Musk’s boost has given a huge push to the token.

DOGE hit a massive rally to touch the $0.74 mark in mid-April which made it surpass Twitter and Ford Motors in market cap.

Originally, there was just bitcoin – a cryptocurrency that used blockchain technology as a digital ledger and ushered in a new era of currency. But, as time went by, people began to realise that bitcoin was problematic: it was slow to transact with, and the more people used it, the slower it got.

This caused developers to start looking for solutions to Bitcoin’s problems, leading to the birth of altcoins – all cryptocurrencies other than bitcoin. When it comes to investing in altcoins, it can be a minefield – so here are our top 5 promising altcoins to look into.

There are several things you should look at when considering investing in altcoins.

A good basic metric is to look at market capitalization. Generally speaking, a good coin will have decent market capitalization. However, it isn’t a foolproof method of selecting an altcoin to invest in as many coins have high market capitalization but are overvalued. A good example of this is ethereum classic (ETC).

Again, this one must be approached with caution. Many reputable exchanges list coins that are not great projects, often because they are popular, like Dogecoin. But, in general, looking for reputable exchanges that support your altcoin is a good way to gauge whether the project is reputable.

As you will see from the following list, there are tokens that have great technology and functionality. A good investment is a project that will provide returns over the long run, so try and assess whether the project is good by the actual technology it is based on. It can’t be stated enough that before investing you should read the whitepaper of the project with a critical eye to discern if the project is valuable or not.

Currently, Cardano is performing very well and with the launch of smart contracts, many are convinced that it is an Ethereum killer. The truth is not so rosy though, and the amount of development by third parties on Cardano is frankly minuscule compared to its rival Ethereum.

With that said, the crypto market moves with emotion, and Cardano has been promising big things for many years now. This means that many still see Cardano as a viable investment, even if it won’t quite reach the heights it is aiming for. Unlike Ethereum, Cardano is already a Proof-of-Stake (PoS) blockchain, which can be considered its one key advantage over Ethereum until it fully moves to PoS with Ethereum 2.0.

Enjin is a token built on the Ethereum network. The project works predominantly as a gaming blockchain that allows users to buy, sell, and create gaming NFTs using the specialized Ethereum token. It has performed consistently well over the years and has partnered with big companies like Microsoft, Samsung, and most recently Blockster.

The price has always held decently as well. Despite its niche market, Enjin has surpassed expectations and currently holds a market capitalization of over $1bn. What’s more, the development team is constantly active and striving for new partnerships and features to grow the brand.

Chainlink is a crypto network that aims to link blockchains and allow developers the ability to transact with each other across multiple blockchains in a secure and decentralized fashion. It has been relatively successful so far and it frequently performs well in bear markets. This makes it a good backup coin for a portfolio.

As a cryptocurrency, it is still in its growth phase and hasn’t been around as long as others on this list. That makes it a valid speculative option.

Like other coins, it is sometimes called an Ethereum killer. The truth is, however, that Chainlink has a unique functionality that is quite different from Ethereum, and the two can co-exist very happily.

Moving on from one Ethereum killer to another (there seems to be a trend emerging here), Polkadot is another cryptocurrency that promises smart contract functionality with specific tools and features to help developers build their own blockchains on the Polkadot network. Like Cardano, Polkadot is the brainchild of an original Ethereum founder (Gavin Wood created Polkadot, and Cardano is Charles Hoskinson’s project).

Interestingly, Polkadot currently has more functionality for developers than Cardano. It also has some of the Chainlink features (cross-chain support), which makes it a promising project and an attractive speculative investment.

Ethereum has been around for a long time, and during that time it has rolled out many successful upgrades and supported tens of thousands of developers in creating their own blockchains through ERC20 tokens (see Enjin above).

Some of these tokens are worth tremendous amounts of money, and there are some incredible projects on the Ethereum network. Ethereum is considered the home of DeFi and NFTs. It has also successfully implemented a hard fork of the blockchain that allows the burning of ETH, which will in future lead to it becoming a deflationary coin.

However, things aren’t perfect with Ethereum, and transaction fees on the current Proof-of-Work system are sometimes eye-wateringly high. This is often seen by new investors as a big barrier to entry. Ethereum is a victim of its own success – with the growth in adoption and usage, the demand on the blockchain increases and fees rise accordingly.

To combat this, Ethereum is moving to the PoS consensus that will allow the network to better control the fees and bring the fee structure in line with other PoS blockchains. This transition is a complex one and although users can currently stake their ETH, the network itself isn’t expected to move to PoS until the end of this year at the earliest.

If the transition to Ethereum 2.0 goes smoothly and the new functionality is in fact as attractive as promised, Ethereum might just kill all the “Ethereum killers”.

However, it does not mean that investing in all other altcoins is not profitable. Ethereum is not the only crypto that is developing and growing. Who knows, maybe Cardano or Polkadot will roll out an update that will change the market landscape and form a new crypto leadership board. Just remember to keep a close eye on crypto news.

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New Delhi: The year 2021 saw a major boom in the cryptocurrency market as Big companies like Apple, Google, Tesla, Samsung, Facebook, and Paypal also jumped into the pool with their long-term strategic plans. The craze for crypto coins is still on the rise as many new investors are taking an entry into the market.

Who would have thought that Bitcoin will touch the $62,000 mark and some altcoins will give them a tight competition in the race? The first half of 2021 has been the rise of all the altcoins.

Crypto enthusiasts like Tesla CEO Elon Musk manipulates the market very well. Their one tweet can make a day for any coin.

At this moment the crypto market is in the recovery phase so you may see green indexes every day but don’t get fool around with it. The Crypto market is very volatile and it is possible that you may get to see big dumps and have to face losses.

ETHERIUM (ETH)

ETH is the 2nd-largest cryptocurrency by market capitalization and the next generation of blockchain technology that has grabbed eyeballs of the investors. ETH is one of the top contenders for the best cryptocurrencies to buy list for the long term.

Vitalik Buterin and 7 others created Etherium in 2014 and it is one of the largest platforms for decentralized applications also known as DApps. ETH has a bright future and it is expected that it will continue to shine.

CHAINLINK (LINK)

LINK is among the best coins to invest in this year as this project still arouses the interest of retail and institutional investors alike. Chainlink expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology.

DOGECOIN (DOGE)

The coin which was just started as a meme cryptocurrency has come a long way. 2021 has been a turnaround year for DOGE. The coin saw an increase of 15,000% which makes it one of the hot cryptocurrencies to buy.

Dogecoin is a direct source of encouragement for all the altcoins who are still trying to prove their existence in the market. Tesla and SpaceX boss Elon Musk’s boost has given a huge push to the token.

DOGE hit a massive rally to touch the $0.74 mark in mid-April which made it surpass Twitter and Ford Motors in market cap.

Uniswap (UNI)

Uniswap empowers developers, liquidity providers and traders to participate in a financial marketplace that is open and accessible to all.

Polygon

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.

EOS

EOSIO is a highly performant open-source blockchain platform, built to support and operate safe, compliant, and predictable digital infrastructures

IOTA

IOTA has fundamentally reengineered distributed ledger technology, enabling secure exchange of both value and data, without any fees.

New Delhi: Crypto world has flourished in 2021 and top coins are still attracting new investors. The first half of 2021 has seen a major gain in the crypto market and the craze for the coins is still increasing. Giants like Apple, Google, Tesla, Samsung, Facebook, and Paypal recently showed their interest in cryptocurrencies and have planned to include them in their long-term strategic plans.

if you are still waiting for the right time to enter the market then this may be your last chance to do so. The Crypto market is recovering well after a huge dump in the past few days. The good news for the investors is that Bulls are trying to take full control of the market.

Here are the top alternatives to Bitcoin where you can invest.:

VeChain: $0.1493

VeChain believes that blockchain technology is one of the foundations for the next generation of information technology, alongside emerging technologies such as AR, VR, AI, IoT, 5G and more. With the technology’s immutable and tamper-proof characteristics, blockchain, as an infrastructural technology, is uniquely positioned to enable unprecedented value and data-transfer among a wide set of users in a trust-less manner, boosting the efficiency and authenticity of information transfer itself.

Cardano (ADA): $2.92

Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies.

Dogecoin: $0.2949

Dogecoin is one of those cryptocurrencies that had a good run in the first half of 2021. The coin which was just made to make fun of Bitcoin has achieved so much till now. It is still not even close to the BTC but still, it managed to rise from more than $1 billion to $47 billion in early January.

Uniswap (UNI): $29.09

Uniswap empowers developers, liquidity providers and traders to participate in a financial marketplace that is open and accessible to all.

Ethereum: $3,900.82

Ethereum is a technology that lets you send cryptocurrency to anyone for a small fee. It also powers applications that everyone can use and no one can take down.

Chainlink: $30.51

Chainlink decentralized oracle networks provide tamper-proof inputs, outputs, and computations to support advanced smart contracts on any blockchain.

Monero: $305.86

Monero was launched in April 2014. It was a fair, pre-announced launch of the CryptoNote reference code. There was no premine or instamine, and no portion of the block reward goes to development.

Polygon: $1.62

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.

EOS: $5.63

EOSIO is a highly performant open-source blockchain platform, built to support and operate safe, compliant, and predictable digital infrastructures

IOTA: $1.59

IOTA has fundamentally reengineered distributed ledger technology, enabling secure exchange of both value and data, without any fees.

BitTorrent: $0.004823

BTT is a TRC-10 utility token based on the blockchain that powers features of the most popular decentralized protocols and applications in the world. DApps powered by BTT include BitTorrent Speed, BitTorrent File System, DLive, and others in the pipeline.

Ethereum Classic: $69.51

Ethereum Classic provides a permissionless way to manage digital assets without the need for intermediaries, such as banks and other institutions.