Altcoins To Drive The Next Surge Post Crypto Market Crash, Says GlobalData Date
03/06/2021
All cryptocurrencies other than Bitcoins are known as altcoins. With the crypto market crashing recently and the prices of Bitcoins witnessing a heavy turbulence, investors are changing their assets from Bitcoins to altcoins as they are comparatively inexpensive, offer a significant growth potential and are paving the way for the next crypto revolution, says GlobalData, a leading data and analytics company.
While Bitcoin is the most mainstream accessible cryptocurrency that has attracted the maximum interest, investors have begun to explore other coins hoping to replicate Bitcoin s meteoric rise. Altcoins are scalable, affordable, provide efficient and cost-effective means to conduct transactions. Despite striking parallels, the great majority of altcoins offer unique services and functions.