Two cryptocurrencies to win big (and it’s not Bitcoin …)!

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Do you want to invest in cryptocurrencies? Of course you’ve heard of Bitcoin! But cryptocurrency is not just about Bitcoin. In short, the opportunities may be ample for those who take the time to study the crypto landscape. Exactly, a financial entrepreneur has just given the name of 2 cryptocurrencies to bet on … and Bitcoin is not one of them!

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Is it too late to buy Bitcoin or not?

Bill Baruch is president of Blue Line Capital. Blue Line Capital is based in New York. This is a company that offers financing solutions for companies. When Bill Baruch saw the price of Bitcoin return to lows around $ 32,000 over the summer, he thought about strengthening his positions in Bitcoin. The goal for him was to buy Bitcoin back if the price approached $ 20,000. Unfortunately for him (thankfully for many others) it did not happen!

Does it make you think about your situation? You may not have invested money in bitcoin this summer. On the other hand, every time you look at the price of Bitcoin, do you regret not having bought it before?

With a price tag of around $ 55,000, that’s right Bitcoin is not as “affordable” as it used to be. Without stabbing the wound, you should know that the price of Bitcoin two years ago at the same time was “only” $ 8,300. We spare you the torture of Bitcoin’s exchange rate 4 years ago or more …

With such a progression, it is not surprising to know that many people have become rich on the “backside” of Bitcoin. If luck has a good “back”, these people have above all shown good opportunism. In crypto as in many areas, everything is one questions about timing.

Exactly, are there other options at the moment? Bill Baruch conducted “research to find out where he could invest his money in crypto (other than Bitcoin)”. Did Bill Baruch find any good crypto deals? The answer is yes! Two cryptocurrencies caught his attention!

Solana and Algorand: a Bitcoin-like fate?

For Bill Baruch, two cryptocurrencies stand out at the moment. He decided to put his money on crypto Solana (SOL) and Algorand (ALGO).

Crypto Solana: A Rival to Ethereum

Is Solana talking to you? This crypto is starting to get a lot of attention. To put it simply, a crypto Solana therefore falls into the category known as ” ethereum killers like Cardano for example. Although relatively new, Solana already has a lot in it.

For example, Solana understood very quickly potential of NFTs and already have important projects. Another big expectation, the Solana crypto sensed the need that blockchains will have in the near future to communicate with each other. Thus, Solana develops walkways (wormholes) that make it possible work with other blockchains such as Terra (LUNA) or Binance Smart Chain.

Another argument, the Solana network shows very good results in terms of transaction management. Officially, Solana can process up to 700,000 transactions per second (TPS). By comparison, this is much more than Ethereum and its 15 to 45 TPS at the moment.

With such equipment, it is not surprising to promise a bright future for Solana. But be careful, you will have to act fast because the Solana course is already on fire. With a current price of $ 156 is Solana up 300% over the last 30 days !

Currently, Solana has broken through to the 7th row among global cryptocurrencies in terms of market value. When the Solana crypto was first released, it traded for less than a dollar! Admittedly, the bull race has been there, but its course remains still very underrated.

Crypto Algorand: Long live the Savador!

Krypto Algorand (ALGO) is even less well known than Solana. In fact, it is a fairly new crypto, released in June 2019. Why is this crypto interesting? In fact, as Bill Baruch says, The Algorand crypto is reminiscent of Solana “two or three years ago”. Specifically, this crypto for him will experience the same fate as Solana. The basic difference is that it has not exploded yet.

But why be excited about this crypto? As you probably know, El Salvador has made Bitcoin its second official currency along with US dollars. In addition to using Bitcoin, the country implements all blockchain infrastructure. In the long run, this will be used to manage various activities such as property registers. Before that, El Salvador has chosen to use Algorand. Other Latin American countries that are on the verge of “blockchaining” are also planning to use Algorand.

As mentioned above, the Algorand crypto has not yet exploded and is therefore still very affordable. However, it shows signs of a bull run on the way. Its current price is $ 1.87. He is up more than 120% over the last 60 days and 104% over the last 90 days.

Let it be said, the Bitcoin opportunity is not quite over. Moreover, many agree that the price of Bitcoin should rise before the end of the year. You are rather in the thought of bet on “the next Bitcoin” ? Do your research and research the market! Solana and Algorand are two options …

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