#CryptoStocks
3 Cryptos to keep an eye on that are not Bitcoin or Ethereum
1. Cardano (ADA) (0.60):
Why it could be attractive: Cardano has been actively developing its platform, with recent updates like "Alonzo" enabling smart contract functionality. The Cardano community continues to grow and there could be interest in its potential.
Risk: Competition from other smart contract platforms, and the need to demonstrate a solid use case.
2. Polkadot (DOT) (3.5):
Why it could be attractive: Polkadot is an ambitious project that seeks to connect different blockchains in an interoperable network. The growing adoption of its parachains could generate interest in DOT.
Risk: The complexity of the project and the need for its interoperability solutions to be widely adopted.
3. Avalanche (AVAX) (18):
Why it could be attractive: Avalanche has positioned itself as a fast and cost-effective alternative to Ethereum, focusing on scalability. The growing popularity of its DeFi and NFT applications could benefit AVAX.
Risk: Competition in the scalable blockchain space, and the need to maintain the security of its network.
Remember that this information is not financial advice. You should always do your own research (DYOR) before making any investment decisions.
BE SMART. DYOR, you know... Diversify and educate yourselves.