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Top Crypto Gains Today – More Altcoins Up

This year, 2022, will see the most severe bear market in history. The most popular cryptocurrencies such as Bitcoin and Ethereum have fallen sharply from their all-time highs in 2021, creating uncertainty in the cryptocurrency market.

This crypto winter has made investors a little more skeptical about digital assets. However, various altcoins are slowly starting to take off and prices are skyrocketing.

This is the time when potential investors can invest in digital assets and hold them for the long term or make a profit by selling them once the price spikes.

Shiba Inu

Shiba Inu tops the list of top cryptocurrency earners as its current price jumps 5.01%. At the time of writing, it has a price of $0.00001609 and a market cap of $8 billion. Additionally, this meme coin was one of his most profitable investments last year.

Shiba Inu is a dog-themed coin and community-based crypto project that quickly became popular as popular influencers such as Elon Musk showed interest. Shiba Inu is built on the Ethereum network, so it can run smart contracts and work with dApps.

This sets it apart from competitors like Dogecoin, which lack such features. Shiba also has great utility, offering a virtual reality NFT marketplace where users can use their native tokens SHIB or ETH to create parcels of digital land.

With the current price hike, Shibu Inu may be trending upwards again like it was last year. It is also supported by many followers who promote the coin on social media.

Buy SHIB

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ethereum

Ethereum is one of the most used open source blockchain platforms that powers other cryptocurrencies and runs decentralized smart contracts.

buy ETH

Ethereum’s native token, ETH, is used to conduct transactions on the blockchain and to run other processes on the blockchain. Its scalability, security, and decentralized nature make it the first choice for developers and enterprises.

Ethereum operates on the Proof-of-Work (PoW) consensus protocol. However, if our sources are to be believed, we are planning to move to a Proof-of-Stake (PoS) protocol (called Merge) this September.

This move will bring some important changes to the Ethereum landscape and could also attract potential investors to the platform. Furthermore, if the “merger” succeeds, the price of Ethereum is also expected to jump significantly.

Currently, Ethereum is priced at $1,914.45 and has a market capitalization of $200 billion.

buy ETH

your capital is at risk

dogecoin

Dogecoin is another meme coin based on the popular dog theme that started as a joke but later gained a lot of attention. His one of the main reasons behind Dogecoin’s success is that Elon Musk and his tweets share his interest in the coin.

buy DOGE

Another reason is abundance. In other words, unlike Bitcoin and other platforms, it is not scarce and will resist inflation.

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Dogecoin is built on its own blockchain and uses a Proof-of-Work (PoW) mechanism. It allows users to solve complex mathematical problems and later process transactions by recording them on the blockchain.

This meme coin has no lifetime cap. This means that users can create any number of Dogecoins through mining, unlike Bitcoin which has a lifetime limit of 21 million. This makes this coin highly inflationary and not an effective store of value solution.

Dogecoin is currently priced at $0.08044 and has a market capitalization of $10 billion, both up 3.48%.

buy DOGE

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Solana

Founded in 2017, Solana is an open-source blockchain designed to facilitate the creation of cryptographic applications or decentralized apps (dApps).

buy sol

This is a hybrid consensus mechanism that combines new algorithms called Proof-of-Stake (PoS) and Proof-of-History (PoS) within a working model, which sets it apart from other projects.

Thanks to its hybrid protocol, this public blockchain process exceeded 710,000 transactions per second (TPS) without the need for scaling. Low transaction or gas fees compared to other similar platforms is also one of the notable features.

The platform also features smart contract capabilities, which will open up fierce competition from other industry-dominant players such as Ethereum. Solona has a native token SOL that acts as a medium for transactions and powers the blockchain through staking.

It is currently priced at $43.86 and has a market capitalization of $15 billion. Solana is down from last year’s all-time high ($258.93), but still regains its value and could be profitable down the road.

buy sol

your capital is at risk

The last word

The above altcoins are on the rise and may even surpass them in the future. However, we recommend DYOR (Do Your Own Research) as the crypto market is highly volatile and prices can fluctuate due to various factors.

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Investors can also explore Tamadoge (TAMA), a new P2E (play-to-earn) memecoin platform with better utility options. It’s currently on pre-sale ending September 2nd, 2022. Investors can get their hands on this platform at a discounted price before the pre-sale ends.

Another P2E coin with great potential like TAMA is Battle Infinity. We aim to transform the P2E sector by offering 6 different gaming platforms called Battle Arena. The entire platform will be listed on the popular decentralized exchange PancakeSwap on August 17th.

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Tadpole – Play to Earn Meme Coins

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Top Crypto Gains Today – More Altcoins Up

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