Shiba Inu Trading forecasts and signals

Bitcoin interrupted the decline after several days of correction.BTC should be worth $40,000, the founder of SkyBridge Capital is sure.The iconic figure of the crypto industry, Michael Saylor, resigns as CEO of MicroStrategy.Solana users have lost over $8 million due to the hacking of crypto wallets.The Shiba Inu token celebrated its two-year anniversary with the release of a new mobile game.Bitcoin rose by 1.4% on Wednesday, ending the day at about $23,300. BTC strengthened after several days of correction amid the growing dynamics of stock indices.Anthony Scaramucci, founder of the SkyBridge Capital crypto fund, believes that BTC and ETH are fundamentally undervalued and technically oversold. In his opinion, bitcoin should cost $40,000, and Ethereum - $2,800.The ECB believes that national digital currencies (CBDC) will displace bitcoin and other cryptocurrencies because they have a higher potential.Online broker Robinhood announced a staff reduction of 23% amid the collapse of the crypto market. This week Robinhood published a negative financial report for the second quarter. The authorities of New York fined the crypto platform $30 million for failure to comply with measures to combat money laundering and maintain cybersecurity.Solana users have lost over $8 million due to blockchain vulnerabilities. Hackers have hacked about 8000 crypto wallets based on SOL. The largest crypto exchanges have announced that they will strengthen the security of users after the Solana hack.The developers of Shiba Inu have announced the development of a new mobile game called Shiba Eternity. On August 2, the SHIB token turned 2 years old.The largest Russian palladium producer, Norilsk Nickel, is testing its own tokens to fulfill credit obligations to the supplier, the Sever Group of ...

Bitcoin has approached July highs above $24,000.Cryptocurrency has been bought up by small players in recent months. Guggenheim Partners warned about a possible decline in BTC.The IMF allowed a sell-off in the cryptocurrency and stock markets. Another algorithmic stablecoin has lost parity against the dollar.Most Russians do not trust digital currencies. Bitcoin rose by 5.8% on Thursday, ending the day at about $24,100. BTC strengthened in the US session along with US stock indexes. The first cryptocurrency approached the July highs above $24,200 and may soon try to overcome them.The crypto market will continue to deflate, as the industry has not yet "cleared" of problematic participants, Guggenheim Partners warned. In the long term, the industry will face problems due to regulatory pressure and lack of strong institutional support.The cryptocurrency market is waiting for a fall in the event of a recession in the economy, according to the IMF. Preliminary data on US GDP released on Thursday confirmed the beginning of a technical recession in the country.According to Glassnode, small players (with a balance of less than 1 BTC) have bought more than 156,000 BTC since May, taking advantage of the collapse of the cryptocurrency in May and June.In the UK, it was proposed to consider cryptocurrencies as a new type of property, which can greatly facilitate the protection of investors in this type of instruments.Due to the downturn in the cryptocurrency market, blockchain-based games will become one of the best ways to attract new users to the industry, according to the analytical company Absolute Reports.The blockchain research company Santiment reported that the bearish trend in the market did not affect the development of the Cardano network, which continues to show rapid growth.According to WhaleStats, the Shiba Inu token (SHIB) is on the list of digital currencies that are most popular with Ethereum whales.The Solana-based profitable farming protocol - Nirvana Finance - has been attacked using an instant loan. At the same time, the algorithmic stablecoin of the NIRV project lost its peg to the US dollar.A survey conducted by Anderida Financial Group showed that only 5% of residents of the Novosibirsk Region consider digital assets as a profitable investment. 55% of respondents are eyeing bank deposits, and 40% of respondents would like to purchase real estate and receive a stable ...

The Shiba Inu token (SHIB) has been added to the Robinhood app.The coin jumped by 15%, becoming the growth leader in the top hundred of the cryptocurrency rating. Bitcoin declined 0.8% on Tuesday, ending the day at about $39,600. The total capitalization of the crypto market, according to CoinGecko, decreased by 0.4% per day, to $1.93 trillion. The cryptocurrency fear and greed index lost 12 points in a day, up to 20 and went into a state of "extreme fear".Bitcoin on Tuesday tried to adjust upwards after a strong drawdown the day before. The decline resumed in the US session along with the US stock indices.According to CoinShares, institutional investors withdrew $134 million from crypto funds last week, which is the most in the last 13 weeks.According to Glassnode estimates, despite the decline in the asset, 70% of bitcoin addresses are still in profit. The indicator is noticeably higher than in March 2020, when only about half of the addresses were in the black.Bitcoin and other cryptocurrencies can outperform bonds and stocks in terms of yield in a potential recession of the global economy, Bank of America believes.The Morningstar investment agency believes that cryptocurrencies have no equal in income among assets, but at the same time they have too high volatility. Each rally of the largest cryptocurrencies usually ends with a collapse of 80-90% of the previous growth.The cryptocurrency meme Shiba Inu, apparently, has been added to the popular Robinhood application. The coin is already displayed on the official website, although the company has not yet officially announced the listing. In addition to Shiba Inu, Solana (SOL), Polygon (MATIC) and Compound (COMP) have been added, bringing the total number of available cryptocurrencies to ...

Euro/DollarThe euro fell against the dollar, reaching the level of 1.1401. Trading Friday showed a trading range of 1.1480 – 1.1401.The yield on 10-year Treasury bonds stopped at 1.793%.Trading activity increased due to the news background.December showed a decrease in retail sales by 1.9% compared to the previous month, according to the US Department of Commerce. The maximum decline began in February 2021 against the background of rising consumer prices and the spread of a new strain of COVID-19 "omicron". In November, experts predicted sales growth of 0.3%. According to the latest data, sales increased by no more than 0.2%.Last week, the number of Americans who applied for unemployment benefits for the first time increased by 23 thousand. According to the US Department of Labor, this is the highest figure since mid-November 2021.Data on increased inflation in the US did not support the dollar. Experts predict a rise in the base interest rate by the Federal Reserve in March with a probability of 80%.This week, the US dollar may be affected by the volume of construction of new residential real estate, the number of initial applications for unemployment benefits, as well as the dynamics of sales in the secondary housing market.Pound/DollarAccording to the results of the last trading sessions, the pound/dollar exchange rate is held negatively.There is a fixation below the price resistance, at 1.3748. The strong position of the US dollar against other world currencies creates short positions on the pound, which ensures that the currency pair is located mainly in a downward direction.At the moment, the data on the yield of 10-year UK bonds is close to the value of October, and stopped at 1.1450%.At the end of the week, trading activity in the foreign exchange market increased.In the UK, in November 2021, the volume of industrial production increased by 1% compared to October of the same year, when the indicator fell to 0.5%.In December, UK GDP figures increased by 0.9% compared with November's growth of 0.2%.There are risks associated with the strengthening of the US dollar. The media reports on the continuation of active discussions on the topic of tightening monetary policy. The pound/dollar currency pair will show an increase in trading activity.This week in the UK, the following topics will be actively discussed: the average wage level, the unemployment rate, the consumer price index and the volume of retail sales.GoldFriday's trading showed a predominant decline in gold. There are attempts to turn around against the ascending channel and support at the level of $ 1,816 per ounce. Consumer interest in the precious metal decreased slightly compared to the previous month. Trading Friday showed a diverse trading dynamics due to the strengthening of the gas, oil, consumer goods and technology sectors. The market is sensitive to the negative dynamics of the financial, consumer services and industrial sectors.At the close on the New York Stock Exchange, the Dow Jones declined by 0.56%, the S&P 500 index rose by 0.08%.The situation in foreign markets is positive.The media reported a record trade surplus in China in December, and in general for 2021, due to increased exports amid the coronavirus pandemic.According to statistics, in 2021, the trade surplus reached its historical maximum since 1950.Important economic statistics and information on the further reaction of gold are expected to be published this week.The markets will be sensitive to the number of construction permits issued, the volume of construction of new real estate, the number of initial applications for unemployment benefits, the dynamics of sales in the secondary housing market, the index of production activity from the Philadelphia Federal Reserve.CryptocurrenciesAfter reaching a new resistance level around $43820, bitcoin declined moderately. There is a possibility of profit taking after the growth over the past week. The digital currency is held back by support at the level of $ 42456.By the end of Sunday, the capitalization of the cryptocurrency market amounted to 2.06 trillion US dollars, Friday's figures were 2.01.According to media reports, in 2021, the share of bitcoin in cryptocurrency payments decreased to 65%. In 2020, the share of this digital currency accounted for 92%. This happened due to the more frequent use of other digital assets by retail customers and businesses in 2021. The share of Ethereum in 2021 was 15%, and "stablecoins– - 13%. Cryptocurrencies Dogecoin, Shiba Inu and Litecoin accounted for 3%.The more frequent use of "stablecoins" by people and businesses explains their low volatility. The price of this digital currency is less susceptible to a strong decline due to the provision of real ...

Bitboy Crypto, aka Ben Armstrong, named the TOP alctoins that are worth selling right now before they fall to zero. The list of cryptocurrencies that should not be kept on your balance includes Bitcoin Cash, Bitcoin SV, EOS, SHIBA INU and ICP.In this article, we analyze why EOS was left without developers, how ICP entered the market at the wrong time and the price collapsed by 90%, how the bitcoin hard forks BCH and BSV are doomed to leave the market, and the popular meme cryptocurrency SHIBA INU can collapse by 300%.EOSICPBSVBCHSHIBEOSThe TOP 1 for sale in the Ben Armstrong rating was the EOS cryptocurrency. Once it was a top project that was included in the top ten cryptocurrencies, but today the coin is at the end of the TOP 30. At the ICO stage, they collected a record amount of $4 billion, which set an absolute record. But the finished product turned out to be completely different from what the developers promised.Yes, the network had cheap and fast transactions, but its ecosystem is unclaimed in general and they do not have any breakthrough applications like Ethereum, which EOS was supposed to kill. In addition, the project was left without the main developer Dan Larimer last year.Larimer is a good programmer, but he constantly abandons his projects and in fact, he does the same thing all the time only in a new form. He created BitShares and Steem, which are currently ranked 260 and 170 in the CoinMarketCap rating. Then I made EOS, and also abandoned the project to announce a new one, which this time will definitely become a super-useful and successful decentralized social network, which Steem once thought of.As a result, Ben does not see any prospects for EOS, and we want to note two important things that he forgot about. Before leaving the project, Den Larimer and his colleagues tried to regain his popularity through the launch of the Voice social decentralized network, which turned out to be useless to anyone. And now Den has gone to make another useless network, and then, apparently, he will leave from there, according to the established tradition.The second and much more important thing is that $4 billion at the ICO at some point turned into $10 billion, because it was mostly funds in bitcoin and the developer company Block One did not sell themThey have 140,000 bitcoins on their balance, although now they have fallen in price to $5.5 billion, but at some point they managed to announce a new cool project, the Bullish cryptocurrency exchange. These bitcoins should become the security for the exchange, and the project includes well-known investors such as Peter Thiel and Michael Novogratz. As a result, at the moment EOS rose by 50%. But then the matter stalled and the latest statements like "we will make the exchange public" could not support the price. It is possible that this event will continue to be used to influence the EOS exchange rate, but it is obvious that it works extremely poorly in the current bitcoin market.Read more: What is an ICO?ICPIn second place is the Internet Computer coin, also known as ICP, which has lost 90% since its listing on the crypto market. BitBoy says that after the auction began, insiders merged tokens for $2 billion. Despite the fact that private investors at that time did not have access to their coins, that is, they could not even sell them while prices were high. But the funds took the profit, because initially the coin appeared immediately in the TOP 10 at the rate of $400, whereas today it costs only $39.Ben Armstrong does not believe in a project with such an approach and attitude to investors at all. On our own behalf, we add that he refers to the story of a class action lawsuit against Internet Computer, as well as the funds Polychain Capital and Andreessen Horowitz. It is not yet clear how it will end, but the funds actually sold some of their tokens, at the maximum prices.ICP started trading freely just a week before the panic sale on May 19. Bitcoin has already started to collapse, falling below $50,000 and the trend was talking about the continuation of the correction. Therefore, it is not surprising that the funds began to fix profits, you can blame them, they say, such bad "whales". But they, like everyone else, came to this market to earn money, and in such a situation it was logical to sell it. Another question is that if private owners did not have such an opportunity and the court will prove it, then such developers should not be trusted.Our opinion is that Internet Computer has entered the market extremely unsuccessfully, but in general, their fundamental factors are not bad. Provided that after the collapse of the price, the developers will not run away, so who else is holding the coin, you need to closely monitor the project.BSVThe next project for sale is Bitcoin SV, which separated after Craig Wright had an argument with Roger Ver from Bitcoin Cash. As a result, they promised to make their own real bitcoin, but the market puts all its places, and today this cryptocurrency is in 42nd place by capitalization.The creator of Bitcoin SV, Craig Wright, known in the community as "faktoshi", because he has been trying for a long time and hard to prove that he is Satoshi Nakamoto. That's just that he could not provide any direct evidence, and he was repeatedly caught forging correspondence, pages on the Internet and manipulating data, when he again claimed his authorship of bitcoin.The Bitcoin SV blockchain has already been attacked by 51%, but nothing was known about the victims. According to Ben Armstrong, this is because this blockchain is a zombie network and there is no one there. By the way, a new successful attack was carried out just a couple of days ago.Here we support Ben that such a project should and will fall, and it seems to us that there was actually no conflict between the developers of Bitcoin SV and Bitcoin Cash. It's just that Craig Wright decided to print his own cryptocurrency once again and make money on it. Because greed is the only explanation for all his actions.BCHBitcoin Cash became the most unsuccessful and not viable project, according to BitBoy, and let's be honest, it was a surprise even for us. Ben recalls the story of how Bitcoin Cash became the first bitcoin hard fork, set a bad example and then everyone started making their supposedly better bitcoin. But everything is fine with the first cryptocurrency and therefore its clones are becoming banal, and parasitizing on the name "bitcoin" only made it worse and did not allow them to build their own brand.What is wrong with this reasoning, Bitcoin Cash purposefully used the bitcoin brand, calling itself a real bitcoin and even replacing the concepts on its own website, where bitcoin was indicated as Bitcoin Core. It was a whole company headed by Roger Ver and what, but they definitely had their own brand in the crypto community, as well as many supporters who shared the idea of large blocks.Personally, we have never shared such ideas and criticized Bitcoin Cash for their actions, but interestingly, the project began to be forgotten after they abandoned them. At first, they launched an exchange on the basis of their website, but without aggressive promotion it was no longer the same.And then their main media mouthpiece, Roger Ver, left the project management and became less and less active in social media. Recently, he has not even written anything on Twitter since the end of April. We do not know where he disappeared, but things have clearly gone much worse, and the price of Bitcoin Cash speaks for itself, few people are now thinking about returning to the maximum of 2014 at $4,000.But we do not agree with Ben that using the "bitcoin" brand will not give results, if, or more correctly, when the crypto market goes up again, there will be a share for Bitcoin Cash on this holiday of life.SHIBBen deceived everyone, promised SHIBA INU, but said only a couple of words about her in the style of "you yourself should understand why it's time to get rid of all meme cryptocurrencies". Let's figure it out, then without it we will say that their decentralized exchange ShibaSwap has been launched and is on the 20th place in terms of trading volumes. It is also among the TOP 10 decentralized applications on Ethereum by the number of users. And add here the growth of the number of Shiba Army, judging by the number of subscribers on social networks. The question is, then what is wrong with the price and why should I sell?What are the problems? No. 1 is the fading of the DeFi-hype, this sector is developing, but no one is in a hurry to buy everything in a row. People are taught by bitter experience, especially after a series of hacks and scams of various projects. The second problem is the current crypto market and the fact that Elon Musk can't even dump his favorite Dogecoin. And No. 3-Vitalik Buterin has donated a lot of SHIB to fight the coronavirus and these funds are constantly being sold.We don't want to convince you of anything, whether to believe in SHIBA INU or not is a personal matter and everyone can choose for himself. But this picture on the chart is extremely bad.The price is pressed against the support, below which there is a gap, there is nothing there and at any moment the token can simply collapse by 200% or 300%. Maybe nothing will happen, but theoretically there is such a ...

The crypto industry continues to develop rapidly and the total number of virtual coins has exceeded the mark of 10,000 projects. The main goal of the release of a new digital asset is the desire of developers to create an independent payment network for fast and secure mutual settlements.The most popular crypto coin is still considered to be the patriarch of blockchain assets Bitcoin. This is the universally recognized king of cryptography, maintaining its status as the first and most expensive cryptocurrency on the market. Its name has become synonymous with the term cryptocurrency, but there are also many alternative projects.Read more: When Bitcoin appeared: telling the story of BTCPeople who do not have practical skills in working with virtual financial instruments are poorly versed in all the nuances of this area. Therefore, they often know almost nothing about the existence of other digital currencies with high potential. Having scrupulously studied the innovative sphere of blockchain technologies and digital payments, the user will learn about alternative cryptocurrencies to bitcoin, belonging to the altcoin category.Before investing money in any crypto project, you need to understand what this digital currency is. We will now present you a detailed overview of the characteristic features of violas and brief stories of the most popular projects.ContentWhat is Altcoin?Feature of coinsTypes of altcoins and mining methodsTOP 10 popular altcoinsWhat do you need to know before investing?Where can I buy altcoins?Where to store altcoins?ConclusionWhat is Altcoin?In simple words, alcoins are all cryptocurrencies except Bitcoin. The first Bitcoin virtual coin, created in 2008 by the legendary Satoshi Nakamoto, remains unique and unrepeatable, but progress cannot be stopped and inspired by the success of the first blockchain project, cryptographers began to develop alternative payment networks. They strive to make cryptocurrency payments even faster and more reliable, introduce innovative technologies in all spheres of life, and transfer the world economy to cyberspace.Read more: Who is Satoshi Nakamoto This is how modified digital coins with different purposes appeared. They use their own unique blockchain networks for their work, and are not copies of the first cryptocurrency. Of course, there are virtual coins that have arisen as a result of a branch of the main Bitcoin chain, that is, modified copies, or as they are also called in another way, hard forks, but this is still a separate category. We are now talking about completely new resources created on an individual basis. New altcoins can either directly compete with bitcoin as a means of payment, or be created for other purposes. All this abundance of virtual payment assets can be designated by the term altcoin, which means "alternative coin" in translation.Many altcoins are very similar to bitcoin in that they:They are created during the mining processThey are based on a peer-to-peer network, and, therefore, are completely decentralizedThey strive to offer a cheaper and more efficient way to make transactions and purchases on the Internet.Altcoins have become extremely popular recently due to the rise in Bitcoin prices and the expensive mining process. Bitcoin mining has become almost inaccessible for most users, so crypto enthusiasts choose more economical options. Some altcoins do not represent anything special at all, but only try to replace Bitcoin. Others, such as the same Ether, were developed with the goal of becoming a worldwide computer and can be used as a platform for creating decentralized applications. Some alternative crypto projects are experimenting with code or new security features that can later be implemented in the bitcoin protocol.There are also fundamentally other types of altcoins, these are stable coins, security tokens and service tokens.Stablecoins are coins tied to an existing asset, such as the US dollar or euro. The meaning of linking a virtual coin to a traditional financial asset is a real reduction in the volatility of the exchange rateSecurity tokens are a form of investment contract that gives the consumer the right to participate in the management of the company and the distribution of profits. They are usually related to business, so there are stricter rules for the purchase and transfer of security tokens.Service tokens provide the user with access to a particular web service. For example, Filecoin token holders can spend cryptocurrency to gain access to the Filecoin decentralized peer-to-peer network, which stores files on the Internet.Not all altcoins were created with serious intentions. There are coins dedicated to dogs (Dogecoin), potatoes (Potatocoin) or Kanye West (Coinye). But, even such "comic" cryptocurrencies, under certain conditions, can get into the TOP 10 of the rating by capitalization, which was demonstrated this year by the digital asset Dogecoin. One video on the social network Tiktok and a couple of tweets from Elon Musk was enough for a native. The meme cryptocurrency, which had not previously risen above $ 0.01, suddenly rose sharply to $ 0.731578 in 2021. However, then the exchange rate fell somewhat, nevertheless, the Great Dane is ahead of such well-known altos as Ripple, Bitcoin Cash, Litecoin in terms of capitalization. The dog coin has copycat projects, the most famous of them is the Shiba Inu token issued according to the ERC-20 standard.Read more: What is Litecoin?This year, the alternative coins Polygon (MATIC), Solana (SOL), Cardano (ADA) and a number of other young projects also showed quite high growth. Of course, not in every case, altcoin becomes more expensive only because a certain group of major market players showed a purely speculative interest in it. Many promising coins have been issued that are really trying to compete with bitcoin and offer very interesting solutions to the problems of practical use of distributed ledger technology. But at a time when the market is so-called "overheated" and the sharks of crypto trading are in a hurry to increase their capital, such projects often fall into the category of undeservedly forgotten. It happens that this is facilitated by a weak marketing policy of the team.Formally, altcoins do not depend on the state of affairs of the main cryptocurrency BTC, their value is regulated by the law of supply and demand. But this rule partially works with respect to well-known and well-promoted blockchain projects. Young cryptocurrencies and underdeveloped systems that have failed to withstand competition and occupy a worthy niche in cyberspace react harshly to the fluctuations in the exchange rate of digital gold – Bitcoin. However, to one degree or another, the volatility of bitcoin affects the entire cryptocurrency market.Read more: What are Stablecoins and how do they differ from other cryptocurrenciesFeature of coinsCompared to fiat money or bitcoin, altos have a number of positive aspects that arouse the interest of large investors and ordinary users.Altcoins are:Convenience and accessibility in use;Good liquidity;Higher execution speed than Bitcoin transactions;Cheap mining equipment;High level of privacy;Stable access to financial instruments.Altcoins have an improved program code that allows you to expand the possibilities of using cryptocurrency.Of course, altcoins are not without drawbacks. First of all, it should be noted:Abrupt fluctuations in the exchange rate. Investors react violently to the news of the crypto market, statements of politicians and business sharks. Fluctuations in quotations and prices provoke the most insignificant changes and innovations of the blockchain industry. One or two comments from influential people on Facebook or Twitter can seriously affect the course of altcoins and decide the fate of a young project.There is a high risk of losing the trust of the community. Promising altcoins are growing in price due to the increased interest of depositors. But their position is unstable and at the first error, investors can panic and literally bury a very promising altcoin.Transactions in any cryptocurrency are irreversible. Having taken possession of the private keys from the wallet of a careless investor, a fraudster will easily steal funds. Even if the private key is simply lost due to carelessness, the money will be frozen forever.A certain part of the new altcoins, in general, belongs to the category of coins that have no value. They are created only to lure money from potential investors, taking advantage of the low media literacy of society and the reluctance of users to study the basics of blockchain technology and the distinctive features of a particular crypto project.Read more: Mining farm for cryptocurrencies. How to build a farmTypes of altcoins and mining methodsAll altcoins can be divided into groups according to their hashing algorithm and the method of protecting the network. Blockchain engineers have developed dozens of hash algorithms, the most common are:SHA-256;Ethash;Scrypt;Equihash;CryptoNight;X11;X17/X15/X13/X21S/X25X;X16Rv2/X16R;Neoscrypt;Lyra2REv2;Blake256/Blake2S/Kessak.RandomX;Octopus;Autolykos;Vetchain.KawPow.ProgPow;BeamHash;Cukatoo;CukooCucle;MTP.Read more: What is SHA-256The vast majority of altcoins have been created on the basis of these cryptographic hash functions.According to the method of network protection, or to put it another way, according to the consensus algorithm, alcoins are divided into Proof-of-Work (PoW) and Proof-of-Stake (PoS).In networks that use the proof-of-work algorithm, miners are engaged in verifying transactions and creating new blocks. This is the name of the owners of computing power involved in the process called mining. Altcoin earned in the process of mining, they sell on exchanges or postpone for a long time in anticipation of the take-off of the course. Miners are constantly looking for promising altcoins to earn money, most popular crypto networks can not do without their participation.Systems running on the proof of ownership (PoS) algorithm delegate the authority to verify transactions and create new blocks to validators. To become a validator, you need to have a certain number of network tokens on your wallet and install a special program on your PC. In some cryptosystems, validators are elected by universal suffrage or appointed by the project administration.Some cryptosets use other security algorithms, which by and large are modifications of Proof-of-Stake, or integrate both methods of achieving consensus at the same time.The issue of tokens and the method of issue depends on the program code of the cryptocurrency. For example, in the second most powerful blockchain ecosystem after bitcoin, Ethereum, there is no limit on the maximum number of coins issued. In many other systems, the number of coins is limited. At the same time, they can be extracted gradually in the process of PoW or PoS mining, or they can be issued at the same time when the network is launched. In this case, the reward for generating blocks and processing transactions is paid exclusively at the expense of commissions for payment operations.Read more: Guide to PoW, PoS, PoA: how consensus algorithms work in blockchainsTOP 10 popular altcoinsWhen compiling the rating of alternative cryptomonets, the following characteristics are taken into account:Coin prices on exchanges and the market capitalization of the network.Ease to use.The dynamics of the course and the prospects for the development of the project.If the list of leaders has been almost unchanged over the past three years, then in 2021 there were serious changes in the market of alternative coins. The top ten largest altos by capitalization included Dogecoin and Cardano cryptomonets, Binance Coin and Uniswap exchange tokens, as well as new-generation blockchain projects Polkadot and Internet Computer (ICP).If the success of Binance Coin was well deserved and expected, then the rest of the projects still need to prove that they rightfully took their place at the top. Cryptocurrencies came very close to them: Chainlink, Solana, Polygon, Theta, Vechain and Filecoin.Read more: Binance: history, features, coins and verificationBut the cryptocurrencies Dash, Monero, ETC, XML, Tron and EOS have significantly decreased in the rating. Nevertheless, it is too early to discount these blockchain projects, each of them may well return to the top ten.So, the TOP 10 altcoins:Ethereum;Binance Coin;Cardano;Doge coin;Ripple;Polcadot;Uniswap;ICP;Litecoin;Bitcoin Cash.You can talk for a long time about the advantages of using each of the coins, but if you talk briefly, it should be noted:The market capitalization of most of the above-mentioned blockchain projects exceeds a billion dollars. However, in the current period, 71 cryptocurrencies have such a level of capitalization.All coins have good liquidity, are traded on popular crypto exchanges and in online exchangers. Each of them can be easily exchanged for bitcoin or withdrawn to fiat.The owners have no problems with storing cryptocurrency data. Official and multi-currency altcoin wallets are supported, each of the tokens can be stored in a Ledger hardware safe.Project developers do not sit idly by, each of the networks is dynamically developing and finding application in real life.It is not yet possible to exchange Cardano, Binance Coin, Polcadot, Uniswap and ICP coins that have recently entered the top ten for ordinary money in online exchanges. At least, in those that are on the list Bestchange.ru. To buy, we recommend using the Binance exchange.You can read more about the characteristics of each of the 10 cryptocurrencies in the thematic reviews on our website.Read more: Blockchain technology: how it works and where it is usedWhat do you need to know before investing?An inexperienced investor can easily get lost from the wealth of choosing alternative cryptocurrencies. As a result, he will either invest money in some scam project, or he will not pay attention to the altos at all, investing everything in Bitcoin. In the first case, he will simply lose money. And in the second, not wanting to buy an altcoin, which will soon rise in price, may miss the maximum benefit and wait a very long time for the rise in the value of digital gold. However, the second option is not hopeless at all, the cost of the BTC cryptocurrency will increase, but successfully investing in altos, you can earn more and much faster. At the same time, you should pay attention to the following criteria:The goals of creating a cryptocurrency and technical parameters.If you want to invest in a particular project, read the white paper and the roadmap, evaluate the prospects.The reputation of the founders and partners of the project.The liquidity of the coin on the exchanges.Reviews in social networks and comments from recognized experts.And most importantly, weigh the risks and do not get into debt, hoping for a quick profit. Invest exactly as much as you are afraid of losing.Read more: Everything you need to know about Ethereum (ETH)Where to buy altcoins?Each of the altcoins undergoes the listing procedure at least on one cryptoplatform of digital money exchange at launch. As the popularity grows, other exchanges include the coin in the number of trading pairs.We recommend using only popular exchanges for buying coins that have earned a good reputation: Binance, Huobi Global, Bittrex, Exmo or ProBit Exchange.After a simple registration on the Binance exchange, install additional account protection. For full-fledged trading, go through account verification and download the app to your phone. This exchange is considered the best trading platform in the world, fast support solves any problems of users.Read more: Overview of the Huobi Global ExchangeWhere to store altcoins?The presence of an official wallet is one of the signs of a reliable altcoin. Although such a well-known cryptocurrency as Ripple does not have an official wallet, and in principle, the most reliable way to store any cryptocurrency is Trezor or Ledger hardware safes.For a list of applications that work with a particular coin, see the developers ' website and in reviews dedicated to a specific digital currency. The most unreliable place for placing altcoins is the deposits of crypto exchanges. However, if you do not plan to keep the coin for a long time, then send it immediately to the exchange to put it up for auction.ConclusionIt is no secret that with the introduction of blockchain technology and the arrival of bitcoin, we came across a virtual portal leading to a completely new world of opportunities not only in the financial sector, but also in almost all spheres of life.Alternative coins have helped expand the cryptocurrency space. The growth of altcoins in the market over the past few years has significantly improved the perception of digital assets. Humanity is constantly working to create a new, more perfect system. With the appearance of new ideas and problems that arise every day, it is difficult to immediately get something ideal. The technology is constantly being improved, and altcoins help to find innovative and justified solutions.It is not difficult to make a general forecast of altcoins in principle, they will never disappear. Having appeared shortly after the first Bitcoin cryptocurrency, they competed with it and stimulated the development of the blockchain industry as a whole. Of course, all altcoins 2021 from the huge list of Coinmarketcap will not exist forever.Garbage projects will close quickly, those who can't stand the competition will also eventually go bankrupt. But, there will always be several alternative networks to the main cryptocurrency, as well as niche blockchain projects. It is difficult to say whether the altos will be able to displace bitcoin or not, but the emergence of a new leader will only increase competition and mark the beginning of the next stage of the technological ...