Best Cryptocurrency To Invest In 2024 – TU Analytics

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Best cryptocurrency to invest in 2024:

  • 1

    Ethereum (ETH) - Pioneer in smart contracts and decentralized applications.

  • 2

    Cardano (ADA) - Emphasizes a research-driven approach and is evolving with the Voltaire upgrade.

  • 3

    Filecoin (FIL) - Provides decentralized storage solutions, ideal for the expanding AI industry.

  • 4

    Avalanche (AVAX) - Favored for its unique architecture and growing popularity in Web3 gaming.

  • 5

    Immutable (IMX) - Focuses on NFTs and gaming with efficient, eco-friendly solutions.

  • 6

    Solana (SOL) - Known for high-speed transactions and scalability in the blockchain space.

Whether you have looked at investment opportunities before or are completely new to these markets, everyone has heard about cryptocurrencies by now. Bitcoin is by far the major cryptocurrency that exists, but you might have also heard about Ethereum, Litecoin, and more. Bitcoin has made people millions in the last decade. Due to the widespread popularity and the increased interest, cryptocurrency has become both a solution for international transactions and an investment opportunity.

Many people are moving their investments toward digital currencies with the hopes of profiting in the process. While there are risks involved, a carefully thought-out plan can help you grow your investments. We take a look at the top cryptocurrencies to focus on when investing in 2024.

Why You Should Consider Crypto To Invest In 2024

The cryptocurrency industry is one of the fastest-growing markets in the world. On 21 January 2023, Bitcoin's market capitalization was rated at $1072.21 billion. At the same time, many promising altcoins grew even faster than Bitcoin in the first half of 2023.The global market for blockchain technology is estimated to reach a value of $23.3 billion by the year 2023. These figures provide evidence that cryptocurrencies are booming. Not only do these digital currencies offer an excellent investment opportunity, but they can also be used for transacting online, sending money, and eliminating the need for a central authority in financial systems.

Best Altcoins Vs. Bitcoin

While Bitcoin is still the major player in the world of cryptocurrencies, there are other digital currencies that are quickly rising. When looking at market capitalization and the dominance of cryptocurrencies, we can clearly see that altcoins are quickly rising. At the same time, Bitcoin is starting to lose its position as the dominant cryptocurrency in the market.

Altcoins vs. BTC Chart

Altcoins vs. BTC Chart

Next Cryptocurrency to Explode

Our Methodology

To provide an accurate overview of which cryptocurrencies have the best potential as an investment opportunity, we used specific criteria:

  • 1

    We started with a full assessment of the technology and development behind each altcoin. This allowed us to get an idea of where the technology is headed in the future.

  • 2

    We considered what practical uses the cryptocurrency would have in the real world and how it fits into the global economy.

  • 3

    Our team conducted a fundamental analysis of each altcoin, focusing on both demand and supply.

  • 4

    We considered how decentralized the cryptocurrency is, as well as how transparent it is - cryptocurrencies are made to reduce the inclusion of central authorities.

  • 5

    Price-performance over the last year, as well as since the initiation of each coin, was also taken into consideration.

  • 6

    Lastly, we considered how each altcoin had influenced the world thus far. We aimed to focus on cryptocurrencies that have been recognized by large corporations or experts in the financial industry.

What Makes A Cryptocurrency The Best?

Even though there are many cryptocurrencies on the market today, many of these do not provide you with the potential you require when using these digital assets as an investment. We’ve taken our methodology factors into account and narrowed the list down to only the best cryptocurrencies that are appropriate for investment and trading purposes.

Ethereum (ETH)

There would be no way to make this list without mentioning Ethereum. Symbolized by ETH, Ethereum is a pioneering force in the cryptocurrency world, renowned for introducing smart contracts and decentralized applications (dApps).

As the second-largest cryptocurrency by market capitalization, it offers a robust and versatile platform for blockchain development. Ethereum's transition to Ethereum 2.0, with a shift to a Proof of Stake (PoS) consensus mechanism, marks a significant move towards energy efficiency and scalability.

Ethereum (ETH) News

A central point of interest in Ethereum's recent developments is the progress of Ethereum 2.0, which has aimed to enhance the network's scalability, security, and sustainability. The shift to PoS is also a notable step towards reducing the environmental impact of the blockchain.

Ethereum's ongoing evolution keeps it at the forefront of blockchain innovation, making ETH a vital asset in the crypto space. Its foundational role in the rise of DeFi and NFTs further cements its position as a leading blockchain platform.

With Ethereum 2.0's advancements as well as potential ETFs in the near future, ETH continues to attract attention from investors and developers, anticipating its future potential in shaping the decentralized landscape.

Ethereum Price Prediction 2024, 2025, 2030

Cardano (ADA)

Cardano, symbolized by ADA, is a distinguished blockchain platform known for its emphasis on sustainability, scalability, and transparency. It stands out in the crowded crypto market due to its research-driven approach and use of a Proof-of-Stake (PoS) consensus mechanism, which is less energy-intensive compared to traditional Proof-of-Work (PoW) systems.

Cardano aims to deliver more advanced features over time through its multi-phase development plan.

Cardano (ADA) News

A pivotal development in the Cardano ecosystem is the anticipated Voltaire update, which marks a significant step towards enhanced community governance.

This update is set to empower ADA holders with greater influence over the network's future development, allowing for a more decentralized and democratic governance model. The introduction of a voting and treasury system under Voltaire aims to make Cardano one of the most community-driven blockchains.

The Voltaire update has generated considerable excitement within the Cardano community, as it promises to usher in a new era of user participation and engagement.

As the platform evolves with these updates, ADA continues to be viewed as a promising investment with potential for long-term growth, especially for those who value technological innovation and community-driven development in the crypto space.

Cardano (ADA) Price Prediction 2024, 2025, 2030

Filecoin (FIL)

Filecoin, with its native token FIL, emerges as a game-changer in the realm of decentralized storage networks.

Its platform allows users to rent out unused storage space, challenging traditional cloud storage with a more secure, cost-effective, and decentralized model. This innovation is particularly significant in an era increasingly reliant on data integrity and accessibility.

Filecoin (FIL) news

A notable development for Filecoin is its alignment with the rapidly expanding field of Artificial Intelligence (AI). As AI technologies evolve, they demand vast, reliable storage solutions for large datasets.

Filecoin's decentralized storage system is ideally suited to meet these needs, offering a scalable and secure platform for AI data management. The integration of decentralized storage with AI applications positions Filecoin as a potential key player in the future of AI development.

This strategic pivot towards supporting AI storage needs could significantly enhance Filecoin's market position. As the AI sector grows and its dependency on decentralized storage increases, FIL stands out as a promising investment for those interested in the convergence of blockchain technology and AI advancements.

Filecoin's ability to adapt to this niche yet rapidly growing need within the AI community may mark a bright future for its utility and value.

Filecoin price prediction – FIL price 2024, 2025, 2030

Avalanche (AVAX)

Avalanche, with its token AVAX, is a noteworthy blockchain platform celebrated for its high-speed transactions and scalability. Its unique architecture is optimized for decentralized applications, balancing efficiency and security.

Avalanche's ability to quickly process large volumes of transactions positions it as a strong competitor in the blockchain space.

Avalanche (AVAX) news

A significant development for Avalanche is its growing popularity as a foundation for new Web3 games. The gaming industry, particularly in the blockchain realm, requires platforms that can manage high transaction throughput with minimal delay. Avalanche's infrastructure is proving to be a perfect fit, attracting a wave of game developers.

This surge in gaming projects on Avalanche not only showcases its technical prowess but also drives its adoption and user base growth.

The trend of hosting Web3 games on Avalanche is boosting AVAX's relevance and appeal in the market.

As a hub for innovative and decentralized gaming experiences, Avalanche presents itself as a compelling choice for investors interested in the dynamic intersection of blockchain technology and digital gaming. This movement towards gaming applications could significantly enhance the utility and value of AVAX in the blockchain ecosystem.

Avalanche Forecast (AVAX) – Price prediction for 2024, 2025, 2030

Immutable (IMX)

Immutable, represented by its token IMX, is swiftly carving a niche for itself in the burgeoning world of blockchain and Web3 gaming. This platform stands out for its innovative approach to NFTs (Non-Fungible Tokens) and gaming, providing a robust infrastructure that enables developers to create and manage digital assets on the blockchain with ease and efficiency.

Immutable (IMX) News

A key aspect of Immutable’s growing appeal is its focus on Web3 gaming, an area that's gaining significant traction in the blockchain community. The platform offers a layer-2 solution on Ethereum, which means it can provide the security and interoperability of Ethereum while drastically reducing gas fees and improving transaction speeds – factors that are critical in gaming environments.

Immutable's commitment to Web3 gaming is evident in its partnerships with various gaming studios and projects. These collaborations are aimed at leveraging blockchain technology to transform the gaming industry, offering players true ownership of in-game assets and a new level of gaming experience.

This focus on gaming has positioned Immutable as a frontrunner in the Web3 space, making IMX an attractive token for investors who are keen on the intersection of blockchain, NFTs, and the future of digital gaming. As the platform continues to evolve and expand its partnerships, it reinforces its potential for significant growth in the Web3 gaming sector.

Solana (SOL)

Solana, denoted by its token SOL, has rapidly emerged as a major player in the blockchain arena, renowned for its exceptional processing speed and scalability. It utilizes a unique Proof of History (PoH) consensus combined with Proof of Stake (PoS), enabling it to handle thousands of transactions per second with minimal fees.

This efficiency positions Solana as a highly attractive platform for a wide range of decentralized applications (dApps) and projects.

Solana (SOL) news

A critical aspect of Solana's rising prominence is its increasing adoption in various sectors, particularly in decentralized finance (DeFi) and non-fungible tokens (NFTs). Its ability to execute transactions quickly and at a lower cost makes it an appealing platform for users and developers alike. Solana's ecosystem continues to grow, with a rising number of projects and collaborations that leverage its high throughput and low latency.

The combination of speed, efficiency, and a growing ecosystem makes SOL a notable asset in the crypto market. Investors and users are drawn to its potential for building and supporting high-performance applications, making Solana a key blockchain to watch in the evolving landscape of decentralized technology.

Solana Forecast (SOL) – Price prediction for 2024, 2025, 2030

Polygon (MATIC)

Polygon, formerly known as Matic Network, is a remarkable Layer 2 scaling solution for Ethereum, designed to enhance transaction speed and reduce costs.

Its innovative framework allows developers to build Ethereum-compatible blockchains, combining the best of Ethereum's security and interoperability with improved scalability and efficiency. The native token, MATIC, is integral for transaction fees and governance on the platform.

Polygon (MATIC) news

Recently, Polygon has made headlines with significant technological advancements and strategic collaborations. Its integration with major decentralized finance (DeFi) platforms has bolstered its market presence and expanded its user base. These partnerships enhance Polygon's functionality and demonstrate its growing influence in the crypto space.

Additionally, ongoing updates to its infrastructure highlight the team's commitment to keeping Polygon at the forefront of blockchain technology. Given these developments, MATIC emerges as a compelling asset for both short-term and long-term crypto investors, signaling a bright future for the platform.

Polygon (MATIC) Price Prediction – 2024, 2025, 2030

Chainlink (LINK)

Chainlink, with its native token LINK, is a decentralized oracle network that plays a crucial role in the broader blockchain ecosystem. It bridges the gap between blockchain smart contracts and real-world data, enabling smart contracts to securely interact with external data feeds, events, and payment methods.

This functionality is vital for the practical and widespread adoption of smart contracts, as it expands their applicability beyond the blockchain.

Chainlink (LINK) news

Chainlink's significance has been steadily growing, particularly in areas where reliable data sources are essential for the execution of smart contracts. By providing a secure and decentralized framework for data retrieval and verification, Chainlink ensures that blockchain applications remain accurate and tamper-proof.

Its role in DeFi, insurance, and various other sectors is increasingly recognized as indispensable.

The ongoing development and expansion of the Chainlink network, including partnerships with various blockchain projects, solidify its position in the market. These developments suggest a bright future for LINK as a key enabler in the blockchain space, making it an attractive option for investors who value the integral role of oracles in the expanding universe of blockchain applications.

Chainlink Forecast (LINK) – Price prediction for 2024, 2025, 2030

Enjin Coin (ENJ)

Enjin, symbolized by its token ENJ, has carved a niche for itself in the blockchain world as a leading platform for managing, creating, and trading Non-Fungible Tokens (NFTs). Primarily focused on the gaming industry, Enjin enables game developers to integrate blockchain technology into their games, allowing for the creation of unique in-game items and collectibles with real-world value.

Enjin Coin (ENJ) news

A key highlight for Enjin is its increasing adoption in the gaming community. As the world of gaming continues to embrace blockchain technology, Enjin’s platform stands out for its user-friendly interface and robust infrastructure. This has led to partnerships with several game developers looking to leverage NFTs to enhance the gaming experience.

Enjin’s commitment to creating an ecosystem where gaming assets can be securely managed and traded on the blockchain has positioned it as a leader in the NFT space. The growing interest in NFTs and digital collectibles, coupled with Enjin’s pioneering technology, makes ENJ a token of interest for investors who are focused on the intersection of blockchain, gaming, and digital assets.

As Enjin continues to expand its partnerships and develop its platform, it further solidifies its role as a key player in the blockchain-powered gaming industry.

Enjin Coin Forecast (ENJ) – Price prediction for 2024, 2025, 2030

Optimism and Arbitrum

Two for the price of one, Optimism and Arbitrum have emerged as two of the most prominent Layer 2 scaling solutions for Ethereum, often mentioned in tandem due to their significant contributions to enhancing Ethereum's scalability.

Both platforms utilize optimistic rollups, a technology that allows for faster and cheaper transactions by handling most transaction processing off the main Ethereum chain, before eventually settling on it. This approach significantly reduces the strain on Ethereum, leading to lower fees and quicker transactions.

Optimism and Arbitrum news

The rise of Optimism and Arbitrum is a testament to the growing need for scalable blockchain solutions. Both have garnered substantial attention for their ability to facilitate high-speed transactions at a fraction of the cost, without compromising the security of Ethereum. Their role is particularly vital in supporting the burgeoning DeFi and NFT sectors, where transaction speed and cost can be critical.

Their nearly inseparable reputation as the leading Layer 2 solutions underscores the increasing importance of scalability in blockchain technology. Investors and developers alike closely watch these platforms, as their continued evolution and adoption could significantly impact Ethereum's ecosystem.

Optimism and Arbitrum's advancements in Layer 2 solutions not only enhance Ethereum's capabilities but also pave the way for new applications and use cases in the decentralized space.

Main Crypto Strategies

While some people turn to cryptocurrencies as a payment method, others want to take advantage of these digital currencies as a way of profiting from trading activities. Even though trading with cryptocurrency has become popular, many people still find themselves at a loss. A thorough understanding of the basics, however, can be useful. There are two primary strategies that provide traders with the most benefits when it comes to the cryptocurrency market. We analyze these two strategies below.

Buy And Hold Strategy

The buy and hold (hodl) strategy is not only popular among people who are interested in cryptocurrencies but also for those who want to invest in other assets - whether digital or physical. This has been a popular strategy among those who have invested in assets like gold. You would buy the asset at a point where the value is at a low point and then sell it at a time where the value increases. With cryptocurrency, the same strategy can become profitable.

The first step in this process is to identify cryptocurrencies that are increasing in value. You need to ensure the instruction to buy the cryptocurrency is implemented during a time when the digital currency has a low value within a period of time. Once purchased, you would hold onto your digital assets and wait for the value of the cryptocurrency to increase. Once the crypto coin reaches a peak value, you would sell it - thus leading to a profit.

Cryptocurrency Trading

Trading is another profitable option. With cryptocurrency trading, you would choose a specific pair, such as BNB/ETH. You can then open a buy or sell position and close the trade at an appropriate time. In addition to trading, many crypto platforms have an easy exchange service. For example, the Easy Buy & Sell service on the AltCoinTrader exchange.

4 Tips For Cryptocurrency Investors

Investing in cryptocurrency can be an excellent option for earning profits and expanding your income. There are, however, a few things you should keep in mind. We share four important tips that you should consider. These tips help to minimize the risks you take on and help you make more successful (and informed) decisions when investing in cryptocurrency.

1. Understand What You Can Afford

Before you start depositing money into your preferred exchange, first take a closer look at your budget and finances. You should have a clear understanding of what you can afford - or, more specifically, how much you can afford to lose. Any type of investment comes with risks. There are also many people who have lost their entire investment in the past. If this happens, it should not put you in the red or interfere with your ability to meet your monthly obligations. Thus, only set aside an amount that you know you will not depend on in the upcoming days or weeks. This strategy also helps to limit your losses.

2. Avoid Investing Borrowed Funds

It is well known that the cryptocurrency industry is volatile. What this means is that you could end up losing an investment. For this reason, never use borrowed funds to invest in cryptocurrency. In the case of a loss, you would still sit with the debt that was made to obtain an initial investment for your portfolio. Many banks or lenders will also add interest to borrowed funds, which would lead to a more significant loss.

3. Choose The Right Cryptocurrencies

At the end of January 2023, it was reported that 10,115 cryptocurrencies had been listed in total. This number is continuing to grow. Some of the cryptocurrencies have made waves, but this is not something we can report about every single one. In fact, there are cryptocurrencies that never made waves or didn't pick up at all. Investing in these would lead to a loss or could put your investment at risk.
Thus, research and a thorough inspection of a cryptocurrency is a crucial factor before making that investment. Check all of the most important factors - the company behind the crypto coin, the blockchain technology used to power the cryptocurrency, the market cap, current value, and past trends.

4. Focus On Portfolio Diversity

One of the biggest mistakes that people often make when investing in cryptocurrency or any other type of asset is to only focus on a single coin. Sure, if the coin rises a lot, you could profit significantly - but things could go the other way too.
When investing in cryptocurrency, aim for diversity in the portfolio you develop. This means investing in different cryptocurrencies to limit the losses that you could suffer in the process.

TOP 10 Best Penny Cryptocurrency to Invest in

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How To Buy Cryptocurrency: 3 Steps Algorithm

Due to an increase in the popularity related to cryptocurrencies, the process of buying and owning these digital assets has also been significantly simplified. It is, however, still important that you understand how the procedure works and ensure you buy the right cryptocurrency at appropriate times. In this section, we share a simple three-step process to help you buy your first coins and get your share of this rising market.

1. Market Analysis

Whether you have a small investment to make or planning to put a larger sum into your cryptocurrency portfolio - a thorough analysis of the current market should be your top priority. Since there are different cryptocurrencies to choose from when setting up an investment, it is important to choose the right one.
Consider looking at graphs and statistics regarding specific cryptocurrencies that you might be interested in. This will give you an opportunity to get an idea of how the specific coin has been performing over the past months - and allow you to identify opportunities in the market.
It is a good idea to take a look at statistics for different coins at this point. This gives you an idea of the performance related to various cryptocurrencies - and also helps you identify those that seem to have more potential.

2. Funding Account

Once you identify the appropriate cryptocurrency to invest in, it is time to set up an account and make your first deposit. Similar to how the research was conducted to determine the appropriate cryptocurrency to invest in, make sure you understand the terms, features, and capabilities of various exchanges that are available.
Due to the popularity and security offered by Binance, we will use this exchange in the instructions. You can choose to set up an account from the web platform or by downloading the mobile application. Once accessed, you can set up an account by following a few simple steps.
There is a basic verification process to complete. Even though most accounts can make a deposit without these steps, completing verification during the initial process will make your experience on the platform more convenient in the long run.
Once the registration process is complete, be sure to visit your account page and click on the deposit button. Choose the amount you wish to deposit, as well as the payment method you prefer to use. You will need to complete the payment before the money is deposited into your account.

3. Buy BNB

Depending on the payment method you use, your account will be credited either instantly or after a few hours. If you do not see the funds reflect on your account immediately, be sure to check back in a few minutes. You can also contact the support at Binance if you run into any difficulties.
Once your deposit reflects in your account balance, it is time to move forward. The Binance platform has an integrated cryptocurrency called BNB, or Binance Coin. It is always a good idea to start the process by exchanging your fiat currency for BNB. The primary reason for this is the fact that you can get significant discounts on transaction fees and other activities performed on the platform when you have a positive BNB balance in your account. The BNB token has also gained a lot of interest recently. Within just one year, the value of one BNB increased from less than $20 to over $300. You can choose to keep your converted currency as BNB and even stake some coins or convert these tokens into a different cryptocurrency.

Take note that BNB tokens can be used for staking purposes too. There are other coins on Binance that offer the same benefits. By staking coins, you gain an opportunity to profit without risking the investment you have made.

Should I Buy Crypto In 2024?

It is true that investments in cryptocurrency can bring about losses, but there are still a great number of opportunities. With the information we provided in mind, it is clear that investing in crypto is something to consider in 2023. If you are afraid of big losses, limit your investments at first. You can also choose to diversify your portfolio. This way, losses could be reduced through gains that you make throughout the portfolio.

Main Risks Of Investing In Crypto

Similar to other investment opportunities, cryptocurrency certainly does not come without its risks. Understanding these risks should be a critical part of your investment process.
The major problem that comes with an investment in cryptocurrency is the fact that these digital currencies are highly volatile. It is extremely difficult to predict the future movement of cryptocurrencies.

How to Invest in the Best Cryptocurrencies

With hundreds of cryptocurrencies available, it can be overwhelming for beginners to decide where to start. It's important to remember that each method has its own set of advantages and risks. The five most popular ways to invest in cryptocurrencies are:

Cryptocurrency Exchanges

Cryptocurrency exchanges are online platforms that allow users to buy, sell, and trade cryptocurrencies. These exchanges typically charge fees for their services and provide various trading pairs, allowing users to exchange one cryptocurrency for another. Some popular exchanges include ByBIt and KuCoin. Before investing, it's crucial to research the exchange's reputation, security measures, fees, and available trading pairs.

Cryptocurrency Wallets

Cryptocurrency wallets are digital tools that enable users to store, send, and receive cryptocurrencies securely. Wallets can be either software or hardware-based. Software wallets are apps installed on your computer or mobile device, whereas hardware wallets are physical devices like the Ledger Nano or Trezor.

Cryptocurrency Mutual Funds

Cryptocurrency mutual funds offer a diversified way to invest in cryptocurrencies by pooling together the funds of multiple investors. These funds are managed by professional portfolio managers who allocate investments across various cryptocurrencies to maximize returns and minimize risks.

This option is suitable for those who prefer a more hands-off approach and are willing to pay management fees. However, be sure to research the fund's performance, fees, and risk profile before investing.

Initial Coin Offerings (ICOs)

ICOs are a form of crowdfunding in which new cryptocurrency projects issue their own tokens in exchange for established cryptocurrencies like Bitcoin or Ether. By participating in an ICO, investors hope to benefit from the success of the project and the subsequent rise in value of the new tokens. It's essential to thoroughly research the project's whitepaper, team, and market potential before investing, as ICOs can be high-risk and have seen many scams in the past.

Peer-to-peer Trading Platforms

Peer-to-peer (P2P) trading platforms facilitate direct transactions between buyers and sellers, eliminating the need for intermediaries like exchanges. Platforms like Paxful provide escrow services to ensure the security of transactions. P2P trading allows for more flexibility in payment methods and often lower fees. However, it's important to be cautious when dealing with unknown parties and to use the platform's escrow service to mitigate the risk of fraud.

Summary

The crypto industry is booming more than ever before and continues to grow even bigger. With thousands of altcoins on the market, however, finding the ones that are worth investing in can be troublesome. Our list of the top 10 cryptocurrencies to invest in gives you a good starting point. Take a closer look at our list to help you determine where you should put your money.

FAQs

Which crypto is best to invest now?

To determine which cryptocurrency has the greatest potential, you need to read the forecasts and monitor the news.

Which crypto has the best future?

To determine which cryptocurrency has the best future, you should consider factors such as technology, adoption and usage, market capitalization, regulatory environment, and community support.

What are 3 good crypto to invest in?

According to Traders Union, the top three cryptocurrencies to invest in are Binance Coin (BNB), Cardano (ADA), Ripple (XRP).

What is the best cryptocurrency to buy in 2024?

For those who want to earn through staking, Binance Coin is considered one of the top options in 2023. However, the best solution might be a portfolio of several cryptocurrencies.

What crypto will explode in 2024?

There is no way to produce a 100% accurate prediction on where Bitcoin and other cryptocurrencies are going.

What is the best alternative to Bitcoin?

It depends on the type of cryptocurrency you are interested in. For those who prefer proof of work crypto, Litecoin remains a good option. If you rather prefer proof of stake coin, then consider investing in Binance Coin.

Will Ethereum overtake Bitcoin?

For the time being, this is not something that experts expect to happen anytime soon. Currently, Bitcoin still remains the biggest and most popular cryptocurrency throughout the entire world. At the same time, it is important to note that Ethereum is quickly rising. We should also note that Ethereum is based on a developer-friendly blockchain - and many developers are starting to take an interest in dApps. With this in mind, a continuous rise in dApps and developer interest could result in Ethereum overtaking Bitcoin in the long run.

Team that worked on the article

Chinmay Soni
Contributor

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.

Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.