Over the past month, we have seen the crypto market going on a wild ride. The top digital coins like BTC and ETH seemed to be on the top in the Bitcoin Era (Official Site). However, looking at how they have performed in the recent past, things are not as rosy as before. Both the coins saw a decline in the recent weeks with 10 and 11 percent respectively in their market value. Meanwhile, we know the war between Ukraine and Russia coming in between that has further added turbulence to the market. We see that digital coin exchanges are now blocking all the transactions from these two nations for known reasons. It has further added another set of wars in the world. We now see a virtual currency war in western countries. We now see a good grip of regulators and even developers against digital coins, making things worse for the market. It has thin the market, and we have seen other currencies growing better when compared to BTC and ETH. Thus it is fair to say that some of the coins have the potential of breaking the popular coins like BTC in a big way.
1). XRP
XRP falls in a native coin category that works on the SWIFT system. It is generally used to process different global transactions. Of late, people have realized this coin calling it a viable payment choice. Thanks to the incredible speed it has to complete the various transactions compared to the popular coins like Bitcoin, which takes around ten minutes to process. Thus, we see this coin getting all the reasons to take over other digital currencies with this comparison.
It is among the few cryptos that have given some of the best benefits and profits compared to others in recent weeks. We have seen a good asset gain with more than five percent in value, along with the 24 hours of transactions that have given a good volume of around 1.9 B USD. Also, if you look at the market cap of this coin, it seemed to have gone up to 34 B USD earlier, and now it has become 36B USD for the same time duration. Thus you can make out how much power the coin has, and it can even smash Bitcoin in many ways.
2). Polkadot
The asset has gained more than five percent value and carries a 24-hour transaction volume of more than $1.9 billion. The asset's market capitalization has also increased from $34 billion to $36 billion over the same period. The coin came with the technology of Web3 Foundation, having its base in Switzerland. It has gained a good foundation in the web and the technology of Blockchain. The sole purpose of the coin is to offer a better and more flexible adaptive platform for getting decentralized creators for transferring any data all over multiple platforms. We have seen a good growth of the coin in the crypto market. We have seen the cash now using too many technologies to sustain itself in the market, and it is going to become too robust to beat other coins like Doge and BTC in the coming times. Hence, this is why the currency has gained good popularity worldwide. You can find too many reports suggesting the reason why it has become a long-term investment option for all.
3). ZCash
It falls under the garb of a decentralized payment choice that offers the capability to transact with many more things anonymously. The blockchains did not have any classified information, including the address of the transactions that came via the wallet, and the money transferred seemed huge. The said feature makes it attractive compared to Bitcoin, as it is developed with the help of a codebase. It has become a completely decentralized option that can help make most crypto-based traders go on the war in recent times in Ukraine. Similar was the story of ZCash, as it has gone up by ten percent in the recent past, making its market cap from 1.7 B USD to around 2 B USD. In this way, you can find too many more people are now enjoying the show with this coin scoring good points. You can soon see how this coin has the potential to beat many.