There has been significant demand for Altcoins in the year 2021, with more investors opting for them regularly. The crypto market has also seen a rapid increase over the recent years. The first and most renowned crypto to ever be introduced, Bitcoin has taken over a significant place in the market. However, other cryptocurrencies are also proving to be equally beneficial for diverse crypto users in the long run.
However, if Bitcoin, which has recently been a little submerged, decides to make a comeback, it can put some Altcoins in a major setback. Here are those names-
Top 10 Altcoins That Will Disappear If Bitcoin Returns To Power
On the basis of IGO, we provide a list of Altcoins that will most likely vanish if Bitcoin takes the throne again.
Solana depends on the blockchain network to offer decentralized solutions for finance. This highly functional, open-source crypto is manufactured to help DApps intensify their reliability. This will be done by introducing the Proof-of-History consensus with the mixture of Proof-of-Stake.
This crypto will be the first ones to disappear from the highly volatile crypto market due to the onset of Bitcoin. It is popular for generating solutions to the trickiest blockchain industry problems. It facilitates a useful alternative to the slow and expensive Proof-of-Work protocols that harm the environment.
- Near Protocol
This crypto is popular for following Bitcoin as a one-layer blockchain. This is designed to eradicate all those obstructions which facilitate transactions slowly and guarantee poor interoperability. The user-friendly blockchain platform is for crypto investors who wish to obtain the benefit of decentralized applications.
This crypto is regarded as one of the top Altcoins to serve as the leading protocol for decentralized crypto trading. It also offers the most secured and trusted wallet along with an open-source portfolio tracker.
This is known to be one of the best Altcoins to facilitate smart contracts on a global basis. It gives blockchains the facility of communicating with events and payment methods in order to become the leading version of the virtual agreement.
This crypto is one of the leading Altcoins, which offers an open-source sharded multi-chain protocol. It offers the benefit of securing a network of specialized blockchains and allowing cross-chain data transfer.
One of the most well-established platforms to facilitate Ethereum scaling, it also guarantees efficient infrastructure development. The Plasma framework and the Proof-of-Stake blockchains are combined to provide a profitable experience for its investors.
Theta, for its blockchain-based network built for the purpose of video streaming, is known to be amongst the most renowned cryptos. It provides the benefit of two native tokens- Theta and Theta Fuel.
The Bottom Line
If Bitcoin emerges successful and takes the throne, all of the above-mentioned cryptocurrencies are likely to perish. But if you are planning to trade in any of these, we recommend you to use the most credible crypto exchange platform KuCoin. Here you can start trading with as low as $1 to suit your budget. So, start now!