Cardano Ripple... The characteristics of 'altcoins' that are emerging these days are

Coins with scalability or capital-linked 'attention'… Beware of high volatilityRecently, stablecoins that are equipped with smart contracts (smart contract) functions such as Cardano, Binance Coin, and Ripple or are linked to specific assets are on the rise. Analysts say that investors have begun betting on the value of a scalable and promising coin beyond the high profit margin.

According to the 4th coin market cap in the last three days 16:00 coin market capitalization criteria 1 and 2 is followed in the ranking of carboxylic Bitcoin and Ethernet Solarium dano 3rd (1000 93 billion 7 1 000 867 was crowned in US dollars). Followed by Nance coins ( 942 billion 1000 7 948 million), the tether ( 760 billion 1000 9 989 million), ripple ( 680 billion 1000 8 99 earned dollars) this name.

 

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Cardano is a platform that can create blockchain services , and the 'Alonzo Hard Fork', a system upgrade, is scheduled for September 12 . The smart contract function will be introduced into the Cardano blockchain through the 'Alonzo hard fork'. If successful, it will be possible to create various blockchain services, such as virtual asset collateralized loans and decentralized exchanges ( DEX ).

So far, Ethereum has led the development of various blockchain services by supporting smart contracts, but it is meaningful that Cardano has laid the technical foundation.

Tether is a stablecoin that targets the dollar. Initially, only ' USDT' , a token corresponding to the US dollar and one-to-one, existed, but EURT linked to the euro and CNHT linked to the renminbi were also developed.

In particular, as Tether is used as a key currency in virtual asset (cryptocurrency) exchanges that do not have a real currency deposit and withdrawal system, the number of users is increasing. Binance Coin is also being used along with Tether on Binance, the world’s No. 1 virtual asset exchange.

 

 

https://coinmarketcap.com/

 

 

 

Ripple is a coin specialized for remittance, and supports international payments (cross-border payments) in the Bank for International Settlements ( BIS ) network. In particular, the international payment speed (about 2 seconds) is faster than other coins, and the possibility of financial accidents during remittance is low.

It is analyzed that the reason why altcoins, excluding Bitcoin, are attracting attention is because investors pay attention to the scalability of the blockchain ecosystem.

An official from the virtual asset exchange said, "Coins such as Cardano and Tether have good scalability and high reliability due to asset linkage, so they have great potential for future development." 'Don't ask me investing', but recently, I can see him studying coins and moving on to value investing."

However, there are warnings that investors need to be careful as the volatility of altcoins is still high.

JP Morgan warned on the 2nd (local time) through foreign media such as Business Insider that "the recent altcoin season is a sign of a bubble in the virtual asset market," and that "the current altcoin market capitalization ratio is quite high."

An exchange official said, "Although the market capitalization of altcoins has increased significantly, in terms of volatility, Bitcoin and Ethereum, which are the first and second largest in market capitalization, are the most stable. It will be important to do it,” he said.