The World’s Most Important Cryptocurrencies (Other Than Bitcoin)

The World’s Most Important Cryptocurrencies (Other Than Bitcoin)

Since Bitcoin was created in 2009, many other cryptocurrency projects have developed over the years. As of January 1st, 2021, there are reportedly over 4,000 standalone cryptocurrency projects, existing on their own native networks. Although many of these projects are similar, every once and a while a groundbreaking project emerges, changing the game once again. In this article, we will look at the most influential cryptocurrency projects which are worth investing into today!

Ethereum (ETH)

It is becoming a commonly known fact amongst even the general public that Ethereum is doing more to further the advancement of cryptocurrency than most projects. As we discussed in our last article – All About ERC-20 Tokens – the Ethereum blockchain is host to over 200,000 other tokens besides ETH. Ethereum’s creator - Vitalik Buterin – is one of the most active members of the crypto community, when it comes to cryptocurrency education and mainstream adoption.

Killer Whale specifically created the Gain ETH Strategy for those who are aiming to gain as much ETH as possible. With the majority of the W3 next generation web Dapps being created on the Ethereum blockchain, holding Ethereum may be the modern equivalent to investing in the next internet.

Litecoin (LTC)

Litecoin is currently the 15th most popular cryptocurrency in the world and was one of the first cryptocurrencies ever created, back in 2011. Litecoin was conceived – just after Bitcoin (BTC), and the now forgotten Namecoin (NMC) – by MIT graduate Charlie Lee and has been referred to as “the silver to Bitcoin’s gold” on many occasions.

Litecoin is a cryptocurrency fork of Bitcoin, therefore the Litecoin network shares many of the same characteristics as Bitcoin. Litecoin uses a shorter block generation time than Bitcoin, as well as a different cryptographic algorithm. Litecoin became popular early on, as the cryptocurrency offers lower transaction fees than Bitcoin, and its popularity has remained ever since.

Cardano (ADA)

In the same way that Litecoin shares many similarities with Bitcoin, Cardano (ADA) shares many similarities with Ethereum (ETH). Cardano was founded by Charles Hoskinson, one of the same developers as Ethereum. Cardano is sitting at rank number 3 – right below Bitcoin and Ethereum – and is soon to enable smart contract capabilities. This is however where the similarities between Ethereum and Cardano end.

Cardano is a project which utilizes an Ouroboros Proof of Stake consensus mechanism and created it’s blockchain using rigorous development techniques. All of Cardano’s protocols have been peer reviewed by a research team which has written over 90 papers, spanning every topic which falls under the category of blockchain technology.

Cardano’s ADA coin has shown fantastic performance in recent months, trading at a recent all time high of $3.00, compared to its price of $0.31 at the beginning of January 2021.

Chainlink (LINK)

Chainlink is a joint-creation between Sergey Nazarov and Steve Ellis – which exists as an ERC-20 token – and currently ranks as the 12th largest cryptocurrency by market cap.

Chainlink is a decentralized “oracle” network, which bridges smart contracts with external data and applications. Chainlink takes advantage of the fact that blockchains inherently cannot connect with outside sources, such as weather tracking applications or data regarding pollution monitoring, as sited in an example from Chainlink’s blog. By connecting a Chainlink “oracle” between smart contracts and data regarding such things as pollution, the smart contract could monitor and potentially fine companies that are polluting too much. In a similar manner, a Chainlink “oracle” could combine smart contract capabilities with weather tracking data to efficiently release flood warnings, or other natural disaster warnings to affected towns and cities. Sufficed to say, Chainlink is one of the most lucrative cryptocurrency projects in the crypto space.

Tether (USDT)

Last on this list we have Tether. Tether was one of the first stablecoins to emerge on the market. Tether pegs its market value to external reference points, such as the US dollar. Tether allows cryptocurrency users to facilitate the use of fiat currencies in a digital manner. This allows cryptocurrency technologies to transact in traditional fiat currencies in a far less complicated manner. Tether’s USDT is the fifth largest cryptocurrency, with a market cap of nearly $67.5 billion

Which Killer Wale Products Capitalize on These Cryptocurrencies?

Many Killer Whale products capitalize on these monumental cryptocurrency projects. Killer whale Premium Signals and Killer Whale Bank Robber Signals are both fantastic options for those of you who are aiming to take advantage of these cryptocurrencies, using a signal service. For those of you who are looking to take advantage of these cryptocurrencies using one of our strategies, Killer Whale Large Cap Sector Strategy is a great option!

Keep in mind, Bitcoin is still the strongest performing coin of all time and does not show any plans of stopping. Bitcoin is best served at lower prices, so get it now, before it becomes even hotter with our Killer Whale Gain BTC Strategy!

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