Bitcoin and Ether are the two biggest cryptocurrencies out there. They’ve gained a lot of value, with Bitcoin reaching all-time highs this year and Ether constantly growing in popularity. However, these two coins aren’t the only cryptocurrencies out there—there are hundreds of them. You can check any reputed cryptocurrency exchange like OKX to see the sheer number.
And some of them have much more potential to grow than Bitcoin or Ether do. In this article, we’ll show you some of the great coins that can help you get rich quickly (well, over time). You’ll likely see their value go up as they gain more users and become more mainstream.
Bitcoin and Ether May Be the Most Popular Cryptocurrencies, but They Are Far From the Only Ones
Bitcoin and Ether may be the most popular cryptocurrencies, but they are far from the only ones. There’s a lot of hype around these two currencies because they have been around for some time now and because people expect that their prices will continue to increase. However, many other cryptocurrencies also have good potential for growth. And some of them could even outpace Bitcoin and Ether in terms of price appreciation in the coming years.
Litecoin
Litecoin is one of the top cryptocurrencies for a variety of reasons. It was created in 2011 by Charlie Lee, who wanted to improve on Bitcoin’s design. When he first started working on Litecoin, he was a Google employee and didn’t want his employer to learn about his cryptocurrency work (which could have caused issues). He decided to refer to himself as “SatoshiLite” instead, although this pseudonym has since been abandoned.
Litecoin was based on the original Bitcoin codebase but with tweaks meant to make it faster and more efficient than its predecessor. These changes include decreased block times and larger amounts of coins available in each block produced by miners (a process called mining). Because Litecoin is cheaper and faster than Bitcoin, it has become one of the most popular cryptocurrencies among investors today.
Monero
Monero (XMR) is a privacy-focused cryptocurrency that is based on the CryptoNote protocol. It aims to make it impossible for anyone to trace transactions made with this currency and is, therefore, an untraceable, fungible, and decentralized cryptocurrency.
Monero’s developers have created a unique system known as “ring signatures”, which allows users to create multiple keys for every transaction they make. Making it impossible for someone else to know who owns each one of those keys. In addition, this technology makes sure that all Monero transactions are private by default, something many other cryptocurrencies lack.
Ethereum Classic
Ethereum Classic, or ETC, is the native token of Ethereum Classic. It can be used to pay for transaction fees and services on the Ethereum Classic network. In addition to that, you can use it to pay for smart contract execution fees (gas) and many other things.
Ethereum Classic was created from a hard fork of the Ethereum blockchain after its DAO Hack in 2016. The hack resulted in around 3 million ETH being stolen from investors who bought DAO tokens during an ICO (Initial Coin Offering). This caused people who disagreed with how this had happened to split off into a separate blockchain. This is why we now have two versions – Ethereum (ETH) and Ethereum Classic (ETC).
Zcash
Zcash is a cryptocurrency that is similar to Bitcoin. Zcash is a privacy coin, meaning it allows users to make their transactions private. It was created as a fork of Bitcoin and has been growing in popularity since its launch in 2016. Currently trading at $281 per unit, it’s one of the most liquid cryptocurrencies available on the market today.
The Zcash team has worked hard to create an open-source protocol for cryptocurrency users who value privacy above all else. However, there are still some areas where users might have issues with using this platform due to its high levels of complexity when compared to something like Monero or Dash (both excellent choices).
Dash
Dash is a cryptocurrency that is based on Bitcoin. It’s a fork of the Bitcoin codebase, but it has been improved upon to create something unique and special. Dash offers features like decentralized autonomous organizations (DAOs), which are essentially groups of people who make decisions together without a central authority. It also has an in-wallet governance system for voting on proposals. Another notable feature is PrivateSend, an anonymizing feature that allows users to send money anonymously over the network.
While Dash does not have quite as much trading volume as other cryptocurrencies like Ether or Bitcoin Cash. It only has roughly $1 billion worth of daily trades, the fact that it can be used as an everyday currency makes it an attractive option for investors looking for long-term growth potential rather than quick profits from day trading.
While Bitcoin and Ether are currently the most widely adopted cryptocurrencies, many other currencies have their unique benefits. Some of these currencies have better privacy features than others; some have faster transaction speeds, while others provide more technological solutions that make them worth using over time. We hope you found this guide helpful in figuring out which ones might be right for you!
