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Back to Altcoins - What Are They? (ADA) Cardano Price, (LTC) Litecoin And Bitgert (BRISE) Analysis

Back to Altcoins - What Are They? (ADA) Cardano Price, (LTC) Litecoin And Bitgert (BRISE) Analysis | FXMAG.COM
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Altcoins refer to any other form of cryptocurrency other than Bitcoin, that means almost every other coin out there is an Altcoin. There are different types of altcoins; such as Stablecoins, Mining-based coins, Stacking-based coins and Governance tokens. Stablecoins are cryptocurrencies that are designed to replicate the price of another asset. Mining-based coins are cryptocurrencies that use a mining process to verify transactions and produce more coins. Stacking-based coins are the same as mining-based coins except they use a process called Stacking to verify transactions and produce more coins. Governance tokens are cryptocurrencies that give holders voting rights to help shape the future of the project. Altcoins can add diversity to your investment portfolio, they’re worth investing in if you're willing to do your homework!

Cardano revolutionizing smart contacts

A smart contract is one that happens between 2 parties on its own,the terms of the agreement between the parties is directly written into a line of code. The code and the agreements resulting exist across a distributed, decentralized blockchain network. Over the past month, we have seen the price of Cardano peak and fall, today the price is sitting at $0.954, a -5.6% change between yesterday and today, however the cryptocurrency seems to be on the rise this morning. Other than current market conditions and cryptocurrency volatility, the reason for the fall in the price of Cardano can be attributed to the high competition from Bitgert BRC20 Chain.

back to altcoins what are they ada cardano price ltc litecoin and bitgert brise analysis grafika numer 1back to altcoins what are they ada cardano price ltc litecoin and bitgert brise analysis grafika numer 1

Cardano Price Chart

Related article: ECB To Shock Markets In The Following Week!? US Dollar Rate Under Pressure As Well!

Bitgert Wins in Growth and Development

According to some sources, Bitgert (BRISE) currently has one of the most powerful blockchains today. Whilst other cryptos have been underperforming, BRISE has managed to pull through with incredible returns. BRISE is the first BRC20 blockchain or the gasless blockchain, with their innovation and constant growth, they are performing exceptionally well in the cryptocurrency market. Today BRISE's overall price started low but it seems to be recovering, this is definitely a cryptocurrency to watch for in the future.

back to altcoins what are they ada cardano price ltc litecoin and bitgert brise analysis grafika numer 2back to altcoins what are they ada cardano price ltc litecoin and bitgert brise analysis grafika numer 2

BRISE Price Chart

Litecoin(LTC) was released around the same time as Bitcoin which makes it amongst one of the oldest cryptocurrencies in the market

Litecoin was released around the same time as Bitcoin which makes it amongst one of the oldest cryptocurrencies in the market, it is still in the top 10 top regarding market cap. The only difference between Bitcoin and Litecoin is the time in which it takes to generate a block, Litecoin takes 75% less of the time it takes Bitcoin to generate a block. We have seen the value of Litecoin rise and fall within the past month. Once the volatility of the crypto market calms down, hopefully the price of this coin will stabilize.

back to altcoins what are they ada cardano price ltc litecoin and bitgert brise analysis grafika numer 3back to altcoins what are they ada cardano price ltc litecoin and bitgert brise analysis grafika numer 3

Litecoin Price Chart

Related article: What Is MoonPay? MoonPay's Role in Trading Cryptocurrencies

Charts: finance.yahoo.com & coinmarketcap.com


Rebecca Duthie

Rebecca Duthie

Remote Editor and writer Intern
FXMAG.COM

Rebecca has a bachelors degree in Investment Management, a Post Graduate Diploma in Financial Planning and is currently enrolled in a Masters program in International Management with a Specialization in International Finance. 


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