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Title: With SharpLink Now the No.2 Corporate ETH Holder, Are These the Best Altcoins to Buy?
The recent surge in Ethereum’s price has taken the crypto market by storm, with many experts suggesting that this upward trend will continue well into the future. This increase is not just a fleeting phenomenon, as institutional investors have been piling in on Ethereum, leading to a significant decrease in circulating supply and a substantial boost to investor confidence. These two factors are crucial in determining the long-term value proposition of any cryptocurrency.
The sharp rise in Ethereum’s price has also led to a shift in focus towards other altcoins that may be poised for explosive growth. As a result, it is essential to find the best altcoins that can potentially ride the wave alongside Ethereum and deliver outsized gains to investors.
Recent news suggests that SharpLink Gaming has become the second-largest corporate ETH holder worldwide, holding an impressive 728,804 $ETH tokens, valued at approximately $3.37 billion at current prices. Interestingly, nearly all of this stash is staked, resulting in consistent yield, with over $1,326 worth of rewards generated since implementing this strategy.
In contrast, BitMine holds a staggering 1.15 million ETH tokens, worth an astonishing $5 billion. As the third-largest crypto treasury globally, its massive Ethereum stake has already started generating substantial returns, further solidifying investor confidence and potential long-term value growth for these assets.
It is essential to note that cryptocurrency investments are inherently risky. Therefore, it is crucial to do your own research before investing in any of these altcoins or even $ETH itself.
If you are looking for the next big thing, it may be worth considering three altcoin options: Bitcoin Hyper ($HYPER), Maxi Doge ($MAXI), and XRP ($XRP).
Firstly, there is Bitcoin Hyper, a Layer 2 solution designed to enhance the capabilities of the Bitcoin blockchain. This new layer’s goal is to bring the speed and scalability that Ethereum already enjoys. The $HYPER token can be used across DeFi platforms for fast trading, lending, staking, swapping, and gaming dApps.
Currently, $HYPER is available at an affordable price of just $0.012735 per token. According to a prediction, it has the potential to surge by almost 2,400% and reach $0.32 by year’s end.
Secondly, Maxi Doge is another promising option. As a brand-new meme coin, its primary objective is to surpass the dominance of Dogecoin in the market. The reason behind this ambitious plan is simple: go viral. It has dedicated 40% of its total supply for marketing, which includes PR pushes, paid campaigns, and partnerships with high-profile influencers.
The price of $MAXI tokens can be found at an unbeatable $0.0002525. Thus far, it has garnered over $1M in funding from early investors.
Lastly, there’s XRP ($XRP), a mainstream crypto that could potentially reach new all-time highs in the near future.
Source: bitcoinist.com
