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Best Altcoins to Hold as Nations Race for $BTC Dominance
As nations begin their quest to accumulate a significant portion of the global Bitcoin supply, it’s crucial to remember that there are alternative digital assets that can potentially provide more substantial gains. In an exclusive interview with Bitcoinist, MicroStrategy CEO Michael Saylor emphasized the importance of holding Bitcoin (BTC) long-term and even suggested that the US government should buy 20% of the total BTC supply. While this bold move might not be imminent, it’s essential to consider other options that can potentially increase in value as a result of this increased demand.
While $BTC may remain attractive, there are four alternative altcoins that could benefit from the growing interest in cryptocurrency. These coins offer unique features and use cases that make them stand out in the market.
1. Best Wallet ($BEST)
Best Wallet’s innovative approach to crypto storage sets it apart from traditional options like Ledger or Trezor. As a mobile-first app, you can control your private keys and manage your assets securely without needing to be an expert. By holding $BEST, you gain access to a user-friendly interface for sending, buying, swapping, and staking various cryptocurrencies.
The Best Wallet Token ($BEST) offers additional benefits to its holders, including reduced trading fees, enhanced staking yields, and governance rights. As the demand for secure and easy-to-use cryptocurrency storage increases, $BEST is poised to benefit from this trend.
2. Tether Gold ($XAUT)
Tether Gold ($XAUT) is a stablecoin pegged to physical gold reserves, providing investors with an unprecedented level of stability. Unlike traditional fiat currencies or other stablecoins, $XAUT’s value grows in tandem with the price of gold, making it an attractive option for risk-averse investors.
As governments and institutions seek to diversify their assets and hedge against inflation risks, Tether Gold ($XAUT) offers a unique solution that combines the benefits of blockchain technology with the stability and security associated with physical gold.
Source: bitcoinist.com
