Everyone knows Bitcoin is the king. There’s no token that’s going to overtake its position anytime soon. The entire crypto sphere is eagerly anticipating Bitcoin’s reclamation of the psychologically crucial 6-figure price threshold, with the majority of forecasts predicting $100K by 2024 or earlier.
But replicating past vertical leaps to new highs becomes exponentially harder for the world’s most valuable cryptocurrency. For investors prioritizing maximizing returns, complementary alternatives with immense room to run offer superior profit generation potential. This article will explore three incredibly promising options positioned to potentially surpass Bitcoin’s performance.
1. Ethereum: Transition to Proof of Stake Spurs Optimism
The last 12 months have been great for Ethereum. Most notably, the long-awaited ‘Merge’ from energy-intensive Proof of Work mining towards sustainable Proof of Stake validation has been pivotal. Slashing network operating costs over 90% while enabling scalability has not only revitalized interest but changed the entire crypto landscape in many ways.
The substantial upgrade, alongside the blossoming potential of Web3 decentralized apps, robust NFT demand, and vast developer pool cement Ethereum’s central role in crypto innovation. For investors, the renewed growth narrative outpaces incumbent Bitcoin facing engineering hurdles and ideological resistance to meaningful evolution.
So it’s only logical to assume that Ethereum with so much more to offer will garner more investment than Bitcoin.
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2. Polygon: Interoperable Layer-2 Network Enhancing Ethereum
As gas fees and sluggish speeds plague Ethereum usability, interoperability-focused Polygon (MATIC) offers high speed throughput as a complementary Layer 2 solution without sacrificing security or decentralization.
That’s the gist of what Polygon offers. But did you know that with over 7,000 decentralized apps, NFT projects, and protocols integrated in its growing ecosystem to date, Polygon is the de facto scaling framework for expanding Ethereum’s accessibility? For investors, MATIC provides value accretion leveraged to Ethereum’s resurgence while having more runway to multiply from current levels. This, in short, is just too good of an offer to pass up on.
The chances of Bitcoin outperforming Polygon in 2024 are slim to none.
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3. Pandoshi: All-Encompassing Platform Powered by Deflationary Tokenomics
While Ethereum and Polygon are great alternatives to the crypto king, the most lucrative alternative may be the multi-pronged blockchain ecosystem Pandoshi.
Pandoshi operates on a Layer-2 network that leverages the Proof of Stake protocol, featuring elements like a decentralized exchange, the non-custodial Pandoshi Wallet, interactive Metaverse games, and educational initiatives such as Pandoshi University. The platform also offers a streamlined process for managing digital assets globally with its crypto-friendly prepaid cards, eliminating the traditional need for KYC procedures.
The presale of Pandoshi is strategically organized into five stages. Currently, in its fourth stage, the token is priced at $0.008. As the project progresses, the final phase is expected to see an increase in the token price to $0.01, marking a significant milestone for Pandoshi.
At the heart of the project is the PAMBO token, vital to PandaChain, the Metaverse Game, and Pandoshi University. It gains value through a deliberate buy-and-burn strategy employed by PandoshiSwap and Cardoshi. As a deflationary token, PAMBO is accessible for direct purchase or through active involvement in Pandoshi’s various initiatives.
Recently, Pandoshi announced a major advancement with the launch of the beta version of the Pandoshi Wallet on the Google Play Store, a significant step in the ongoing presale phase. This release emphasizes the project’s commitment to EVM-compatible chains and plans to integrate non-EVM chains soon. An iOS version of the wallet is also expected shortly, widening its accessibility.
The introduction of the Pandoshi Wallet on Google Play has significantly alleviated concerns and enhanced investor trust in Pandoshi’s dedication to decentralized finance (DeFi). This development, in line with Pandoshi’s focus on open-source development and community-led governance, has attracted a surge of interest from investors who value privacy and decentralization. The wallet’s release has consequently led to a spike in presale participation, as investors eagerly seize this opportunity.
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Visit the links below for more information about Pandoshi (PAMBO):
Website: https://pandoshi.com/
Whitepaper: https://docs.pandoshi.com/
