If you’re acquainted with cryptocurrencies, you’re almost certainly familiar with Bitcoin (BTC) and Ethereum (ETH). The two heavyweights dominate the capitalisation rankings, with a combined market share of 57%.
Bitcoin is the most popular cryptocurrency of all time and has a capitalisation of more than double that of Ethereum. However, ETH is edging closer to BTC, owing to its functionality, which includes supporting the ever-growing NFT market.
At times, the Ethereum Network can get crowded, resulting in slower transaction speeds and an increase in the Ethereum Network’s historically high gas prices. As a result, many investors are looking for alternatives to BTC and ETH. Three cryptocurrencies worth considering are Solana (SOL), Polygon (MATIC), and FIREPIN Token (FRPN).
Solana (SOL) was launched in 2017 and has been dubbed an “Ethereum Killer” because of its ecosystem’s rapid development. It can compete with Ethereum by offering transactions that are quicker and more affordable.
SOL looks to have a bright future. Soon, users will be able to pay on the Solana Network using Solana Pay.
SOL is also catching up to ETH in the domain of NFTs. Opensea has recently begun a BETA for Solana-developed NFTs on their marketplace. With its minimal costs and virtually endless development potential, Solana has the potential to become a top-five cryptocurrency by 2023.
The price of SOL is currently $100.44 with many expecting it could at least double by the end of the summer. If it were to dethrone Ethereum as the number one smart contract platform then SOL would be worth a mouthwatering $1118.
Polygon (MATIC) is also addressing the Ethereum congestion issue. As a layer 2 blockchain, it can aid developers of decentralised applications (DApps) in avoiding excessive gas fees. MATIC, the native token, is used to pay the Polygon Network’s significantly lower fees.
NFTs based on the Polygon chain have also been gaining popularity in recent years. Since the start of 2021, the number of transactions has increased by 7000%, reaching an all-time high of 8.9 million in June.
MATIC is currently ranked 20th in terms of market cap and has a price of just $1.40. Its super cheap fees should mean it’s able to compete with Solana and Ethereum. If Polygon were to reach the same market cap as Solana, the price of the coin would be $4.87. If it were able to go one better and reach the levels of Ethereum then it would be currently valued at $53.15 which is a whopping 43 times more than it’s worth now.
The presale of FIREPIN Token (FRPN) is a fantastic opportunity to make yourself a potential million or two. The price of the project has already grown by 2700% in phase one of the presale. With two more phases left there is the possibility of repeating and even exceeding that success.
FIREPIN Token offers a fresh alternative to the stress of slow and congested transaction speeds. With this brand new crypto, you will be able to transfer between 5 of the most efficient blockchains to find the quickest and most cost-effective at any given time.
Every transaction carried out on the FIREPIN Token network will incur a small tax fee. The money generated from this fee will be used to fund the treasury and liquidity for the network, as well as a portion of FRPN tokens being redistributed back to all current holders. The money raised by the treasury will then be used to produce NFT and Metaverse games as well as being invested into teams and corporations that are building towards the future in the Metaverse.
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Join Presale: https://presale.firepin.io/register