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Investing in altcoins lets you broaden your investment portfolio and be at the forefront of crypto innovation. Alternative cryptocurrencies present novel functionalities and innovative approaches to enhance the capabilities and uses of blockchain technology.Â
Listed below, are five of the most promising altcoins for investment as we approach summer 2023:
- RobotEra (TARO) Decentralized Metaverse
RobotEra is a decentralized metaverse where players become robot avatars on a mission to rebuild the ruined planet of Taro. In this web3 virtual world, built on the blockchain, players can create their own robot companions, each represented by a unique non-fungible token (NFT), which can be traded or leased to other players. Participants in the game can also perform real-estate transactions, constructing landmarks on their plots, which are also represented by exclusive NFTs. We expect many users will want to get in on the ground floor with this decentralized metaverse, which is currently on presale.
- ArbiSmart (RBIS) Crypto Financial Services
ArbiSmart is a well-established, EU authorized crypto investment platform, founded in 2019, that has proven record for security and reliability. Investors have the opportunity to earn passive profits through various investment services, including high-interest wallet savings plans, crypto arbitrage, and a unique exchange service that provides users with exceptionally favorable rates for buying and selling cryptocurrencies. Additionally, ArbiSmart ‘s roadmap includes an NFT marketplace and a DeFi protocol that allows users to engage in yield farming. What sets this upcoming staking service apart is the incorporation of gamification features, a first-of-its-kind approach, which enables users to enhance their yields using ArbiSmart NFTs. With its combination of reliability and innovative features, ArbiSmart proves to be an excellent option for altcoin investors this summer, as the token’s potential for growth appears promising.
- Love Hate Inu (LHINU) Vote-to-Earn Meme Coin
Love Hate Inu is a meme-based token that brings tangible functionality through a blockchain-based voting system. By staking LHINU tokens, users can actively participate in the latest polls and earn tokens for their votes. The community will have the power to determine which polls are created over time. To prioritize community ownership, 90% of the LHINU token supply will be sold during the presale, while the remaining 10% will be allocated for liquidity, listing fees, and community rewards. The Love Hate Inu cryptocurrency presale stands out by offering a meme token with genuine intrinsic value, with its attractive vote-to-earn ecosystem.
- Ethereum (ETH) DeFi Platform with Smart Contract Functionality
Ethereum, a well-established cryptocurrency with a significant market capitalization in the billions of dollars, still holds substantial potential for growth. The platform has emerged as a leader in the field of decentralized finance (DeFi), with over $100 billion in Total Value Locked (TVL) within DeFi protocols built on its blockchain. Furthermore, Ethereum has become the preferred platform for Non-Fungible Tokens (NFTs), and as the demand for NFTs continues to rise, the demand for Ethereum is expected to increase as well. Ethereum is actively addressing its scalability and security concerns through its robust roadmap for future upgrades, which is expected to enhance its utility and adoption, leading to potential price increases. The platform boasts an active developer community that consistently builds new applications and protocols, resulting in thousands of decentralized applications (dApps) and smart contracts that find utility across various industries. Currently, Ethereum stands as the second-largest blockchain globally, and its growing ecosystem with numerous projects being developed on its blockchain indicates a favorable outlook for future growth
- Arbitrum (ARB) An Ethereum Layer-two Scaling Solution
Arbitrum utilizes optimistic rollups as a means to enhance the speed, scalability, and cost-effectiveness of the Ethereum network. By leveraging the security and compatibility of Ethereum, Arbitrum offers several advantages, such as increased throughput and reduced fees. This achievement is made possible by offloading a significant portion of computation and storage activities off-chain. The governance of Arbitrum is facilitated through ARB, its native token.. Holders of the ARB token have the ability to vote on proposals that impact features, protocol upgrades, fund allocation, and the election of a Security Council. Looking ahead, Arbitrum has an ambitious roadmap that includes the launch of its layer-three solution called Orbit, enabling developers to deploy programs written in popular programming languages like Rust and C++, and expanding its validator set to include more independent institutional validators. These developments and more mean Abitrum is well positioned to take off in the months to come.
Giving yourself the chance to find the next BTC, SHIB or Cardano can open the door to amazing profits. Just make sure to diversify your investments, including traditional assets like stocks, commodities and bonds as well as various other types of cryptocurrencies, including stablecoins, like Tether or USDT, and established coins like Bitcoin or Ether.
*This article was paid for Cryptonomist did not write the article or test the platform.
