Top 7 Cryptocurrencies to Invest in as the Bull Run Approaches

3 July 2023

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Unlike fiat or physical currency controlled by a centralized authority, cryptocurrency is decentralized, i.e. it is not under the control of a single person. It is a digital asset that has become quite popular in the financial world today.

Some cryptocurrencies like Bitcoin and Ethereum are household names in the industry, while others like Golteum are newly coming up.

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Before the bull run begins, it’s important to know which cryptocurrencies are profitable among the tens of thousands. Here are the top 9 crypto tokens to invest in as the Bull Run approaches.

Bitcoin (BTC)

The most popular cryptocurrency in the world is BTC. It has been around for over a decade and is widely accepted as a form of payment by merchants globally.

Its value has been increasing recently and experts suggest that it will continue to grow in years to come.

2. Ethereum (ETH)

After Bitcoin, ETH comes next in line as the second-largest cryptocurrency based on market capitalization. It is also famous for its decentralized finance (DeFi) applications, as so many successful projects in the industry are housed in its ecosystem.

3. Binance Coin (BNB)

Binance Coin is the native token of one of the largest cryptocurrency exchanges in the world known as Binance exchange. It serves as a medium of payment for transaction fees on the exchange and is also instrumental in the functioning of several sub-projects on the Binance ecosystem.

4. Cardano (ADA)

Cardano is a decentralized Blockchain that uses the proof of stake (POS) consensus algorithm. It aims to serve as an alternative to BTC by being more energy conservative than Bitcoin and is also termed the Ethereum killer, proving to be a formidable opponent to the network by proposing a means to be more developer friendly through its high-end security, scalability, and low transaction costs.

5. Solana (SOL)

Solana utilizes a hybrid consensus algorithm using proof of stake and proof of history. Its Blockchain is designed to provide support for decentralized applications as well as smart contracts. Its native token SOL was designed to serve the purpose of utility, powering the network and its functionalities, currently, it ranks number 9 in the crypto market and is valued at $18.68.

6. Stellar (XLM)

Stellar is an open-source Blockchain developed in 2014 by Jed McCaleb, who was co-founder of Ripple Labs as well as CEO of Aerospace startup Vast. Stellar’s native token is known as Lumen (XLM).

The goal of Stellar is to create cheaper, faster cross-border transactions between financial institutions. It employs SCP(stellar consensus protocol) to achieve consensus and secure the network; this protocol is a construction of the federated Byzantine Agreement, a unique kind of consensus mechanism that relies on the agreement of trusted nodes.

7. Golteum (GLTM)

Golteum is bringing innovation to the regular way of trading precious metals. The cryptocurrency space faces the problem of volatility due to the constant fluctuation of prices, however, Golteum’s token- GLTM is backed by precious metal assets like Gold, which gives it an edge above the market’s volatility.

So many investors are bullish about the bull run with Golteum as it is currently having its second presale round.

The first presale was offered for $0.0074 per token and rose to $0.012, giving investors more profit than their initial investments.

The much-anticipated round 2 of the presale kicked off with 55 million tokens offered to investors with a 15% bonus on purchases. This significant price increase is expected to continue as experts predict the token will hit the $5 mark after it is launched and listed on popular crypto exchanges.

Boston Consulting Group also predicts that the crypto market will experience a massive increase in value, reaching $16 trillion by 2030. GLTM has the potential to help investors fully benefit and grow alongside this future market.

Also, Certik, a renowned blockchain security company, has conducted a rigorous audit on the Golteum smart contract and has awarded six of the team members the Certik silver badge, after carrying out a thorough KYC verification on them.

All this proves that Golteum is concerned with the safety of their users’ funds, also prospective and current investors can rest assured that they are in safe hands, verified, experts who are more than capable of handling the job.

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