The Top 3 Altcoins: Ethereum (eth), Ripple (xrp) & Firepin Token (frpn)
, 2022-04-26 02:00:00,
Bitcoin (BTC) isn’t the only crypto you can invest in.
While Bitcoin (BTC) is the most popular crypto, it only accounts for about 40% of the nearly $2 trillion market. Instead, it’s altcoins that account for the majority of the market.
Altcoins are cryptos that aren’t Bitcoin (BTC), despite the fact that many of them were created in the spirit of the leading crypto and serve similar functions and purposes. However, there is a wide range of altcoins with different features and applications. Several altcoins have even outperformed Bitcoin (BTC) this year as a result of the wave of altcoin popularity.
Here’s everything you need to know about the crypto market’s three favourite altcoins: Ethereum (ETH), Ripple (XRP) and FIREPIN Token (FRPN), which is enjoying a massively successful presale at the moment.
Ethereum (ETH)
Ether (ETH), the Ethereum (ETH) blockchain’s native crypto, is one of the most popular cryptos in terms of transaction volume.
This leading altcoin currently has a market share of roughly half that of Bitcoin (BTC), at around 19% or $360 billion, compared to Bitcoin’s (BTC) $813 billion. As the volume of crypto transactions grows, Ethereum (ETH) can process nearly five times as many transactions as Bitcoin (BTC).
Ethereum (ETH) users are anticipating “the merge,” or Ethereum (ETH) 2.0, a network upgrade that will transition the blockchain from the energy-intensive proof-of-work mining system to the proof-of-stake consensus system, which is expected to provide faster processing speeds, energy efficiency, and cheaper transactions.
As a range of altcoins have started competing with Ethereum (ETH) by boasting faster transaction speeds and cheaper gas…
,
To read the original article, go to Click here