So, with the Ethereum team getting ready for the big Dencun upgrade that we’ve all been itching for, this article talks about the top 5 altcoins that can give 50x profit after this upgrade.
What is Ethereum Dencun Upgrade?
The Dencun upgrade, which will go down on March 13th, is a major tweak aimed at making Ethereum smoother to use, more secure, and able to handle a ton more transactions. We have already covered what the impact of this Dencun upgrade could be on the Ethereum prices and also on the L2 solutions.
Top 5 Altcoins
1. COTI Network (COTI)
COTI just dropped its V2 with this slick feature called ‘Garbled Circuits’, and it’s turning heads for its groundbreaking privacy solution. This could completely change the game when it comes to keeping transactions private on the blockchain, setting a whole new standard for how we do things.
COTI is basically saying, “Hey businesses, we’ve got your back!” It’s all about helping companies set up their own payment systems and making any currency digital, which can be a real time and money saver.
Think of it this way: COTI’s platform is designed to make decentralized payments a breeze, so it’s perfect for businesses, governments, app developers, and anyone dabbling in stablecoins. Moreover, it is one of the first of its kind, tailor-made for handling this kind of transaction.
This platform makes it very easy for companies to create fantastic fintech products while saving time, data and money. With COTI Pay, you can handle all kinds of payments, online or offline. Whether you’re dealing with crypto, stablecoins, credit cards – you name it, they’ve got you covered. And guess what? They even throw in built-in financing so you can earn extra cash on your deposits and loans. Plus, it seamlessly connects you to the white label payment network. In the past one month, the COTI price has risen by almost 320%.
2. Arbitration (ARB)
Think of Arbitrum as a cool way to match Ethereum’s speed and scalability. It’s like a booster pack for Ethereum, using optimistic rollups to make things faster and cheaper. Plus, it brings back the security and compatibility of Ethereum, which is a huge bonus.
One of the best parts? Arbitrum can handle much more transactions and charge lower fees compared to Ethereum itself. How? Doing most of the heavy lifting off-chain keeps things running smoothly while taking some pressure off Ethereum’s shoulders.
Get ready for the Dencun upgrade now, because it’s about to shake things up, especially for rollup protocols like Arbitrum. This upgrade is all about making things smoother and cheaper. By making data storage and transaction processing more efficient, it gives rollups a serious boost in value for both developers and users. And do you know what that means? This can lead to more people jumping on board and bringing in more revenue.
3. Optimism (OP)
So, check it out: Optimism (OP) is like the cool kid on the Ethereum block. It’s a layer-two blockchain that sits right on top of Ethereum and takes advantage of Ethereum’s top security. What it does do is use optimistic summaries to help Ethereum grow and scale. Basically, transactions are first recorded on Optimism, but they are finally locked securely on Ethereum.
And Optimism is no small roast. It is one of Ethereum’s largest scaling solutions, with over $896.21 million in total value locked (TVL). With a whopping 181 protocols hanging around, big names like Synthetix (SNX), Uniswap (UNI) and Velodrome (VELO) call Optimism home.
Getting started with Optimism is also quite simple. You just add the chain to your Metamask and bridge your tokens – like ETH – to the L2. Very easy.
The Dencun upgrade is like a golden ticket for the L2 band. With the introduction of blob storage, it is set to reduce L2 transaction fees and significantly increase throughput. This upgrade basically makes L2 ready to go head-to-head with other Layer 1 solutions like Solana, but with lower cost and even better performance.
And do you know what that means? This is going to attract some top projects and a whole bunch of users from these other ecosystems, making L2 a serious contender in the game.
4. Mantle (MNT)
Say hello to Mantle Network, the powerhouse behind scaling Ethereum to new heights. It’s the star player in the Mantle Ecosystem, and it’s all about making Ethereum bigger and better.
What’s nice about Mantle Network is its compatibility with the Ethereum Virtual Machine. This means it is like a seamless extension of Ethereum itself.
Now, here’s the tech bit: Mantle Network is built on a modular architecture, breaking transaction execution, data availability, and transaction finality into separate modules. This setup allows them to upgrade each piece individually, so they are always at the forefront of innovation. This one of the top 5 altcoins can soar after the upgrade.
5. Metis (Metis)
Metis, the Ethereum Layer-2 scale superhero on a mission to crack the blockchain trilemma. You know, that pesky problem where blockchains can’t be decentralized, secure, and scalable at the same time? Well, Metis is here to change that.
But that’s not all. Metis also tackles Ethereum’s biggest headaches: speed, cost and scalability. It’s like the ultimate problem solver for developers.
So what is his game plan? Metis is all about empowering developers to seamlessly create and manage their existing dApps. Plus, it has their back when it comes to launching new dApps. And here’s the kicker: it integrates the Decentralized Autonomous Company (DAC) framework into its Layer 2 setup. That means it’s not just about moving from Web 2.0 to Web 3.0 – it’s about paving the way for a whole new era of decentralized businesses and applications.
Metis really lays a solid foundation for a decentralized future with its decentralized sequencer and the solid METIS Ecosystem Fund. This sets the stage for some exciting possibilities down the road, especially after the Dencun upgrade. Watch this one of the top 5 altcoins!
Where to buy cryptocurrencies?
Bitget stands out as a reliable crypto exchange. It offers a user-friendly interface, making it easy for both beginners and experienced traders to navigate and transact at the lowest fees on the market. To get started with Bitget, you need to create an account, complete the necessary KYC procedures, and then you can start trading a variety of altcoins available on the platform.
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Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
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