If you are interested in adding more to your crypto portfolio, this article has some suitable coin suggestions to be used as an alternative to Bitcoin (BTC).
Take a look at the entire crypto market, there is no denying that dumping of altcoins should be an option other than just relying on the king of crypto.
Supporting this claim, you can see that investment records are more in favor of altcoins, rather than Bitcoin. This proves investors are more interested in the utility and community sustainability of a crypto asset; does not rely on speculative assets.
Analysts think these 5 coins have potential for long -term investment.
Earth (MOON)
The record total locked -in value (TVL) for Terra has reached $ 25.3 billion, just a step behind Ethereum which owns $ 108.17 billion.
Stablecoin - UST also has its uniqueness because each UST production equals the amount of LUNA burned.
LUNA’s growth showed positive, as did UST’s market value which increased 441%.
Avalanche (AVAX)
This network ecosystem offers fast transactions at low cost, and has integrated with Ethereum.
Confirmation of a transaction in Avalanche takes less than two seconds.
Cosmos (ATOM)
Offers the ability to support external ecosystems in terms of network scaling and interoperability with each other.
ATOM is listed as the 21st most valuable crypto asset with a market value reaching $ 7.6 billion.
Phantom (FTM)
Last year, FTM recorded remarkable price growth from $ 0.013 to an all -time high (ATH), $ 3.48.
While this blockchain offers more benefits than Ethereum, it still needs to be wary of its entire community because recently, its founders have abandoned related projects and contributed to the collapse of FTM prices.
Chilliz (CHZ)
Chilliz has partnered with Socios.com - an entity that has a large network, involving 120 major sports organizations including the U.S. National Football League, the National Basketball Association, and the European Football Association.
The use case for CHZ can be seen in its popularity in the sport of football: Barcelona FC, Juventus, Paris Saint-Germain.
In fact, any altcoins that offer many utilities and benefits are very profitable if you start investing from scratch.
Anyway, make sure DYOR and don’t act in a hurry. This is all just a partnership and maybe your altcoins options are much better for the 2022 crypto portfolio.