We are finally back. After two years of testing times and criticisms, the crypto market is finally pouring opportunities for investors to build their portfolio and reap excellent gais in the process.
While the market is flooded with new and established coins, Vitalik’s stance in favor of L1s has increased user interaction and traction with these blockchain ecosystems.
Let’s divulge into 3 of the most happening L1s that have been creating headlines and their prices moving up the price charts:
Aptos (APT)
Aptos is a layer-1 blockchain offering scalability, reliability, and security to the protocols built over it. Aptos uses the unique AptosBFT (PoS) consensus mechanism to validate transactions. It uses the Move smart contract programming language to facilitate parallel execution. Aptos uses sharing to offer a faster TPS than many other blockchains. Aptos offers a transaction throughput of 160K TPS.
Aptos price hasn’t moved much in the last 24 hours. But Aptos’ price is 9.39% from its 7-day ATH of $13.10 and up from its 7-day all-time low of $8.92. The price sentiment seems bullish right now.
Filecoin (FIL)
Filecoin is a veteran in the blockchain space. Decentralized physical infrastructure (DePin) is an emerging concept in 2024. The Filecoin blockchain has been a pioneer in the DePin technology that operates a global network of computers operators providing file sharing and storage services. Filecoin incentivizes the users to keep running the network.
If the Filecoin network gain enough traction and more people adopt Filecoin, the Filecoin network can become the fastest and cheapest way for data storage on the internet.
The filecoin native token FIL has performed well in the past week with a 8.69% price increase in the past 7 days.
Bitgert (BRISE)
BItgert is one of the fastest growing ecosystems in the blockchain space with multiple protocols serving NFT and DeFi initiatives. Ethereum may be the biggest smart contract ecosystem in the industry, but Bitgert’s scalable and secure infrastructure offers an unmatched speed of 100K TPS at free costs.
Bitgert’s native token BRISE has performed exceptionally well in the past week with 25% gains. The Bitgert coin price saw an increase of 9.28% in the last 24 hours. The L1 blockchain is presenting itself as a better alternative to the likes of Solana, Cardano, etc.
Conclusion
The altcoin market is just starting. And as BItcoin gains an even higher price, many of the altcoins will see an emerging rally. It is a great time to invest in the market right now a, given the gains have just started pouring in.
Any wise investor would seek a small-cap coin like Bitgert with huge potential over large-cap tokens like Filecoin and Aptos with a much sustained potential as the ecosystems are already maturing.
SO, what are you investing in today?
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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