Ethereum is the leader in smart contracts but faces strong competition from other blockchains that offer higher speed, scalability, or lower costs. The main rivals include: • $SOL : Extremely fast and cheap, ideal for NFTs and DeFi, but with a history of network failures. $ADA : Academic focus, security, and sustainability, with slower development. • $POL : Facilitates communication between blockchains, being useful for customized networks. • #AvalancheAVAX : Fast and customizable, used in institutional applications. • #bnb : Compatible with Ethereum, has low fees but is more centralized. • Near Protocol: Offers good user experience and scalability with sharding. • Algorand: Fast and final transactions, with institutional focus and real-world asset support.
Each seeks to address Ethereum's limitations, such as cost and speed, with distinct approaches.
Today I started selling $XRP which I have had for quite a long time. It was hard to make such a decision knowing what potential XRP has. I definitely intend to buy it back after the correction which I hope will come 😄
When you win, will you also come and ask for help? Diamond hands 💎 now!
camargo007
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Bearish
Guys, help me out.
I've already lost $100 during this downturn and I don't want to lose any more.
I've been thinking about trading part of all the currencies for USDT, leaving small amounts. That way I can lose less because I'll have smaller amounts in the currencies.
As soon as it stabilizes, I'll keep an eye on it and before it goes up, I'll buy back.
Would that be a good thing to do?
If anyone can give me any tips or opinions, I'd appreciate it.
Invest in good projects, be it memes or anything else. Web3 is on the way. Let's go! 🚀🚀
Cripto trader
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Stop buying meaningless meme cryptocurrencies, they will only make you lose money, especially for those who are just starting out in the cryptocurrency market. Meme coins, such as Dogecoin or Shiba Inu, may attract investors with promises of quick profits, but they are extremely volatile and based on speculation, not solid fundamentals.
If someone intends to invest in cryptocurrencies, it is important to do a detailed analysis, study the project and understand the risks involved. In addition, diversifying investments and avoiding putting money that you cannot afford to lose are essential practices to minimize losses. #Launchpool