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Top 10 Most Important Cryptocurrencies Other Than Bitcoin

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The crypto market is a diverse ecosystem filled with different projects all attempting to solve various problems. While it’s hard to argue against the belief that Bitcoin holds the crown as the originator, there are a ton of new projects worthy of praise. These new projects surpass Bitcoin’s technical capabilities and provide investors with some truly unique functionalities in the market. Here are the top 10 most important cryptocurrencies other than Bitcoin: $ETH, $BNB, $ATOM, $XRP, $EOS, $LINK, $LCX, $USDT, $Libra, $TRX. 

Ethereum

Ethereum was one of the earliest altcoins to enter the market. Since its inception, Ethereum has been a driving force for innovation in the market. This second-generation blockchain introduced the world to smart contracts. Today, it would be hard to imagine the market without this titan. 

Notably, Ethereum has a scheduled update planned for the end of the year. This update will replace the blockchains Proof-of-work consensus mechanism with a new Proof-of-Stake protocol. The update will reduce Ethereum’s carbon footprint significantly. Additionally, It will allow users to start staking their ETH to earn a passive income.

BNB – Binance Coin

Binance, the world’s largest exchange by volume, changed the market forever when it introduced the BNB token.  BNB provided users with more flexibility, functionality, and lower fees. Wisely, Binance incorporated a variety of BNB trading pairs to bolster BNB’s value. The move was successful.

Today, it’s commonplace for exchanges to host a native utility token. Even with the competition, BNB remains the most successful exchange token in the market. Additionally, Binance continues to expand its operations. Each new functionality adds more to BNB’s utility. In turn, the token continues to gain value.

ATOM – Cosmos

Cosmos is another project that is worthy of recognition. The platform takes a unique approach to the sector. For one, Cosmos isn’t designed to compete against other cryptocurrencies. Instead, it functions as an interconnecting protocol. The developers behind ATOM describe Cosmos as an “ecosystem of connected blockchains.”

This strategy helps promote further innovation based on user’s requirements rather than competition. Cosmos introduces a new consensus mechanism called “Tendermint BFT.”  The system is a byzantine fault-tolerant consensus engine that eliminates many of the concerns found in PoW blockchains such as Bitcoin.

XRP – Ripple

Ripple is one of the top ten cryptocurrencies in the world. This platform entered the market intending to service the banking sector. At that time, this strategy was unique. Ripple managed to secure huge strategic partnerships in a very short time. Specifically, Ripple has agreements in place with Santander, Money Gram, and VISA, to name a few. 

Ripple continues to see adoption by institutional firms due to its fast transaction speeds and its proven track record. XRP eliminates middlemen for cross-border transactions and provides a more cost-effective and secure alternative to the status quo. The firm’s focus on cost-cutting means that there will always be a firm interested in its services.

EOS

EOS is a third-generation cryptocurrency that entered the market via one of the biggest ICOs of all time. The firm secured $4 billion during the record-breaking event. EOS’s goal is to provide a more efficient and developer-friendly alternative to the current smart contract programmable blockchains like Ethereum.

EOS incorporates various technologies to accomplish this task. The platform is very ICO friendly. Additionally, Dapp developers enjoy more flexibility using the platform. These features have led more developers to call EOS home. There are currently over 100 Dapps active on this new era blockchain today.

Chainlink

Chainlink is a project that has the potential to boost the entire market. Chainlink seeks to correct the biggest flaw found in oracles. Oracles are off-chain sensors that can communicate data to and from a blockchain. For example, an oracle could monitor your car payments. When you pay your vehicle off, the contract automatically sends you your title without the need for human intervention.

The possibilities are endless with oracles. However, they are centralized systems, until now. Chainlink introduces the world’s first oracle blockchain. The system monitors the network of oracles to ensure all data entry is correct. Through Chainlink, blockchain technology gains a huge advantage. 

LCX

LCX is another token that raises the bar in terms of usability and efficiency. LCX allows users to trade on all major crypto exchanges within a single interface. This fourth-generation interface provides users access to powerful features. These features include Smart Order Routing, a portfolio management system, advanced analytics, and detailed reporting. Besides that, LCX keeps rolling out new products and services continuously such as a unique DeFi protocol and a security token and tokenization platform for STO’s.  The Liechtenstein based company heavily invested in crypto compliance and regulation, preparing the launch of their own LCX Exchange. Rumored to be launched before the end of this year.

As the main utility token within the LCX ecosystem, this token is very flexible. You can use it to pay for all your fees including your LCX Terminal subscription or fees for security token offerings. Best of all, the token is ERC-20 compliant. The ERC-20 token ecosystem is by far the most robust and developed in the world. Consequently, LCX holders enjoy a high level of interoperability within this network.

Tether – USDT

No top ten list would be complete without USDT. USDT was the first successful stablecoin to see major adoption. Traders depend on this stable coin to avoid market volatility. You can watch the market cap of Tether rise during these times as investors seek shelter.

Tether is available on nearly every reputable exchange. Additionally, it’s consistently in the top cryptocurrencies globally in terms of market capitalization. Tether gained popularity because of its speed and low fees. It’s free to send Tether from one network wallet to another. 

Libra

Libra makes this list because no other cryptocurrency was met with so much fear. The announcement of Libra sent shivers down regulators’ spines. Despite fears, the large social networks of the world must embrace cryptocurrencies. These established networks would give the technology the boost it needs to become mainstream.

Facebook seems determined to launch its Libra token. The platform has the financial backing to pull it off. In the coming year, it’s very possible that this project defies the odds and becomes one of the top coins in existence from day one of its launch. For now, the project remains one of the most relevant in the market, regardless of if it ever takes flight.

TRX – TRON

TRON has long been a favorite of investors. TRON has a forward-looking vision to power the Web3 revolution. This year saw TRON make major strides in its quest. The firm’s TRC-20 token standard is also seeing more adoption by developers. TRC-20 token provides developers with more scalability and efficiency when compared to ERC-20 tokens.

TRON remains a dominant force in the market mainly due to its network and community support. The platform’s founder, Justin Sun, is a vocal member of the crypto community. The coming year will see TRON’s network grow to new heights. Sun’s leadership and TRON’s investor appeal keeps this token on most top ten lists.

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DIFX Says Hola Mzansi by Joining Hands with Digital Banking Platform eZaga to Launch DoshFX

Crypto Chain Wire

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Fully secured centralized exchange, DIFX has officially partnered with eZaga, South Africa’s premier digital banking platform, to set up a new regional crypto platform, DoshFX.

Digital Financial Exchange known as DIFX is an EU-regulated CEX, disrupting the financial industry by bridging digital and traditional assets. With DIFX, users can create diverse portfolios in various asset classes like indices, forex, CFDs, commodities, futures, and cryptocurrencies all while having access to a fully secured wallet. In a mission to expand its services and accelerate blockchain adoption through the African continent, DIFX has officially partnered with the South African digital banking platform eZaga.

Founded in 2014, eZaga has been a pioneer in providing financial solutions to the underbanked & informal sector with innovative tools and services that enable people to transform the way they manage finance through the use of mobile technology. Over the past 2 years alone, the African continent has become a well-developed crypto market that has seen deep penetration and integration of cryptocurrency into everyday financial activities for many users. In fact, the Chainalysis report for June 2022 showed that Sub-Saharan Africa was the overall leader in retail crypto transfers, accounting for 80.1% of the global regional transactions.

Therefore, to service this growing industry, both DIFX & eZaga have joined hands to create a new financial platform catered explicitly to the African continent called DoshFX.

DoshFX will serve as an exclusive multi-asset trading platform for users from the African continent and help increase the rate of adoption found in the region. A key mission of DoshFX is to improve financial services around the continent with blockchain technology, cryptocurrencies, and traditional assets. The new platform will be utilizing both parent entities’ crypto and banking solutions to reach a wide audience of crypto enthusiasts and traders alike. Furthermore, the unique partnership allows all eZaga users to open an account on DoshFX without any additional KYC requirements and have access to a secure custodian wallet.

Regarding the partnership, DIFX CEO & Co-Founder Jeetu Kataria stated “Our primary mission as DIFX is to provide a robust trading platform for our global users so that we can increase the acceptance and adoption of blockchain and digital assets in a secure and transparent manner. We want to foster a world where payments and financial management are done with the ease of your fingertips. For us, the creation of DoshFX is an extension of the DIFX mission of forging a blockchain future along with our commitment as a member of the digital space to take part in helping the industry with its adoption and bring financial inclusion to all people, especially the unbanked majority, through various digital assets.”

Saud Ally, CEO & Founder of eZaga added “The creation of DoshFX is a needed service for the African continent, as the growth of adoption in the region is unbelievable. With this new venture, we want to expand eZaga’s banking capabilities and give our existing users a platform to leverage blockchain and digital assets.” Ally further stated that “DoshFX and eZaga are working together with DIFX to create a new infrastructure that will make money move instantly, identify users, and allow them to connect to bank accounts and credit cards.” Both the respective founders also shared their mutual passion for investing in South Africa’s innovation layer and developing DoshFX to act as a foundation for all future developments and blockchain scalability within the continent.

About DoshFX

DoshFX is a premier African centralized exchange created through a partnership between a fully secured cross-asset trading platform & African digital banking platform to provide users within the region a safe and secure way to trade cryptocurrencies like BTC, ETH, USDT, and much more.

DoshFX is powered by eZaga Capital bearing license number FSP license no. 44133, Auth FSP.  Limits, terms, and conditions apply.

To learn more about the services and features of DoshFX, visit doshfx.io

About DIFX

Digital Financial Exchange (DIFX) is a centralized cross-asset crypto exchange that allows users to trade between multiple asset classes that include indices, forex, crypto, metals, and commodities, just to name a few. The DIFX fully insured crypto wallet comes from a partnership with Fireblocks, one of the leading crypto custodians in the world.

DIFX was presented with the “Most Trusted Cross-Asset Trading Platform — 2022” by the Crypto Expo Dubai and the “Best New Trading Platform Award” at the E-Business Awards 2021 by Entrepreneur Middle East and the Forex Expo 2021.

To begin your journey with Endless Possibilities, download the app now from the iOS or Google Play Store, or visit us at difx.com.

About eZaga

eZaga is a South African digital banking platform and authorized financial services provider that enables African users to open a bank account via their mobile phones in less than two minutes. It leverages mobile technology like USSD and a mobile app, existing banking infrastructure like ATMs, and a low-fee structure to empower unbanked people and organizations to achieve more.

To learn more about eZaga visit https://www.ezaga.co.za/ or download the app now on iOS or Google Play Store.

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The world’s largest online general merchandiser DollarStore, will start accepting Oduwacoin in their online U.S flagship Store

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The world’s largest online general merchandiser DollarStore, will start accepting Oduwacoin in their online U.S flagship Store.

“The official cryptocurrency of the  Dollarstore.”

An incredible milestone for the Oduwa community; The world’s largest online general merchandiser, DollarStore, will begin accepting oduwacoin in their online U.S flagship stores.

A new partnership between ODUWA and DollarStore is set to change the way we shop. The two companies have come together to create a unique shopping experience that will offer customers the best of both worlds.

“Cryptocurrencies should be spent like money and not sold.” -Nana Obudadzie Oduwa I 

Why this partnership is beneficial for both companies

ODUWA is known for allowing people transfer digital cash to any one they want without

any territorial restrictions. The Oduwa network is built to deliver higher performance, efficiency, and enable quick transactions at lower costs., while DollarStore offers an extensive range of items at rock-bottom prices. The new partnership will allow customers to enjoy the benefits of both companies.

The two companies have already started working on a new joint venture, which is set to launch in the near future. This will be a one-of-a-kind shopping experience that will offer the best of both worlds.

The first 1,000 in the community to respond to the email Dollarstore@oduwablock.io  with the subject ” Send Me Coupon”  will receive a discount  off coupons when we launch. 

About Oduwa Coin

Oduwacoin, connecting crypto to the essential things we need to live. Oduwacoin is an alternative digital currency to paper money backed by the trustless blockchain technology Network. It eliminates human interference, counterfeiting, double spending, and excessive printing like government-issued money. It serves as a medium of exchange, store of value, and proof of ownership.

Unlike centralized fiat money, Oduwacoin is a decentralized open-source blockchain-based monetary system. It uses peer-to-peer technology to settle all transactions within its network. Individual coin ownership records are stored in a transparent ledger using cryptography. Oduwacoin is governed on its native Blockchain to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership.

For more information about oduwacoin, visit 

www.oduwacoin.io

Be the first to reply and save. Dollarstore@oduwablock.io

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Voltichange Ready to Enhance the Volt Inu Universe

Crypto Chain Wire

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Volt Inu’s team recently announced that it is about to release its anticipated decentralized exchange. Voltichange should come later in November, but the team’s Twitter page hinted at the possibility of an anticipated release that could happen any day within the next 3 weeks.

This new tool will serve as a bridge between any DeFi project and the VOLT ecosystem. The team wants to help existing projects by adding to them the power of VOLT’s deflationary mechanisms.

Getting Ready for the Voltichange Arrival

VOLT’s community is eagerly waiting for Voltichange’s release. The team behind the project has been working hard to complete the development and testing of the platform. As they recently announced, this platform will automatically list every erc20 and bep20 tokens at launch meaning that the majority of the crypto industry will be directly concerned by the burns this platform will offer.

Meanwhile, the community is also looking forward to upcoming news about VOLT’s new partnerships, integrations, and sponsorships as well as several Tier 1 listings that seem to become more than a rumor by the day.

This is not the first time VOLT has created hype around its project. The team succeeded in delivering on its promises before, creating interest within the crypto community.

With Voltichange’s release, the VOLT universe will become more accessible, more attractive and even more deflationary since the volume generated by their upcoming exchange will generate revenues automatically used to buyback & burn the native token VOLT. The team has no doubts: this operation should lead to more adoption of the token.

History never lies

Volt Inu’s team knows the importance of a solid and engaged community. The members often give feedback and suggestions that help to improve the project.

This feedback is essential to make VOLT a success story. The team is always looking for new ways to increase its engagement with the community and grow its community.

Apart from the feedback and excitement of their community, the media and the crypto space often tended to compare VOLT to SHIBA since its early days due to their countless similarities. 

With the recent updates shared by the team, it seems that VOLT is once again on the verge of following SHIBA’s path, with hints pointing towards a series of listings on major Tier 1 exchanges, while releasing a groundbreaking DeFi product at the same time. The impact that such news had on its forerunner SHIBA can of course not be forgotten. 

About Volt Inu

Volt Inu is a digital asset investment initiative that offers its investors a diversified portfolio of assets. The project aims to help people take advantage of the growing digital economy. The project focuses on four main asset classes: NFTs, nodes, altcoins, and stablecoins.

The $VOLT token is at the center of the Volt Inu ecosystem. The token is hyper-deflationary, offering investors a solid foundation on which to grow their investments. A portion of profits from treasury investments serves to buy back and burn $VOLT tokens. This operation aims to further increase the value of the remaining tokens.

The Voltichange announcement is game-changing news for the VOLT ecosystem. The release of this new platform will make it easier for investors to participate in the growing DeFi sector. With Voltichange, VOLT’s hyper-deflationary tokenomics will become even more powerful. The team expects the move to make VOLT an attractive investment for both experienced and new investors.

Volt Inu’s website and the social media pages below feature more details about this rapidly growing project.

Twitter | Telegram | YouTube

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