Today, there are many projects positioned in the cryptocurrency ecosystem that seem to have solid technical foundations. But only a few of them will gather a large community around them for profit in the long run. In this regard, let’s create an altcoin portfolio from altcoin projects that cater to unlimited real use cases.
4 potential altcoins for long-term portfolio
The first altcoin on the list is Ethereum (ETH), a decentralized open-source Blockchain system. ETH works as a platform for many other cryptocurrencies as well as for decentralized smart contract execution. In addition, it prepares the infrastructure of the next generation internet for developers and users, called Web 3. With these use cases, ETH is the AltcoinBuzz analyst’s first choice for a long-term portfolio.
Second-place Cardano (ADA) is a PoS Blockchain platform that says its purpose is to allow “changers, innovators, and visionaries” to bring positive global change. The altcoin project has reached some very impressive milestones in recent years. It has 342 dApp enhanced directories, wallets, DeFi, marketplaces, infrastructure, launchpads, metaverse, gaming social and other industries. That’s why Cardano ranks second on this list.
The next altcoin to mention is Polkadot (DOT), which facilitates the cross-chain transfer of not only tokens but any type of data or asset, thus allowing Blockchains to be interoperable with each other. It is a protocol that allows Polkadot is designed to provide a foundation for a decentralized blockchain internet, also known as Web3. It is also a decentralized platform that develops NFTs and integrates them with the metaverse.
Cosmos (ATOM) is emerging as a project that solves some of the “hardest problems” blockchains face. By offering an ecosystem of connected Blockchains, it aims to offer an antidote to “slow, expensive, scalable and environmentally harmful” PoW protocols such as those used by Bitcoin. Users can also have full control over cross-game blockchain assets. This is an altcoin that can be included in the 2022 list due to its high functionality. You can reach the Cosmos guide that we prepared as Kriptokoin.com here.
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