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coinpedia 2025-02-24 09:54:49

Top Altcoins to Buy Now Amid the Crypto Market Dip

The post Top Altcoins to Buy Now Amid the Crypto Market Dip appeared first on Coinpedia Fintech News The crypto market took a slight hit after the Bybit hack , bringing the total value down to $3.14 trillion. Bitcoin is holding around $95K, while altcoins are struggling—Ethereum dropped to $2,715, XRP fell even more, and Solana took the biggest hit, losing over 6%. Despite this, trading is picking up, surging 13% in a day to $78 billion. Investors are staying cautious, with sentiment still neutral at 40 on the Fear & Greed Index. While most cryptocurrencies are in the red, Altcoin Daily’s host has highlighted six altcoins worth buying during this dip. Tokens to Buy Now XRP’s RLUSD Backing The first coin on the list is XRP, which is benefiting from the rising adoption of RLUSD , a stablecoin launched on the XRP Ledger (XRPL). RLUSD has reached a total supply of $120 million within two months and continues to grow. According to Ripple CTO david schwartz david schwartz David Schwartz, known as JoelKatz, serves as the Chief Technology Officer at Ripple, which provides global financial institutions, businesses, governments, and developers the ability to manage, move, and tokenize value through blockchain technology. David is an expert in cryptography, software development, and computer security, especially for startups as well as rapidly growing and tiny companies, and is a native of San Francisco, California.David is among the original architects, including Arthur Britto and Jed McCaleb, who were inspired by Bitcoin to create the XRP Ledger, a decentralized open blockchain founded in 2013. Before joining Ripple, he was Chief Technical Officer at WebMaster Incorporated, a Santa Clara software developer. In addition, David has developed enterprise messaging systems and encrypted cloud storage for companies such as CNN and the National Security Agency.Details:Organization: Ripple and XRPLocation: United StatesEducation: Electrical Engineering from the University of Houston Skills: Network Security and Network DesignExperience:CTO at Ripple from Jul 2018 - PresentChief Cryptographer from Jul 2018-PresentChief Technical Officer at WebMaster Incorporated from Jan 2001 - Jan 2011Director of Software Development at WebMaster Incorporated from Jan 1998 - Jan 2001Senior Network Engineer at Worldwide Internet Solutions from Jan 1996 - Jan 1998Director of Network Services at Internet Gateway Connections from Jan 1995 - Jan 1996 Partner at Cardiophonics from Jan 1992 - Jan 1995 FAQ's1. What are the current projects handled by David?David has been associated with RippleProjects from Nov 2011 - to the Present2. Why is David Schwartz known as Joel Katz?"JoelKatz" is Schwartz's online persona within the cryptocurrency community. Developer/Programmer Crypto and Blockchain Expert XRP benefits from this as the XRPL decentralized exchanges (DEX) uses XRP as a bridge asset for auto-bridging transactions. This results in increased trading volume and adoption, building XRP’s use case. ONDO – The Institutional Gateway to RWAs Next is Ondo Finance , a project tokenizing real-world assets (RWAs) like stocks, bonds, and equities on the blockchain. The project is backed by Founders Fund, Coinbase, and Pantera Capital. Recently, Ondo Finance announced Ono Chain, its Layer 1 blockchain, specifically built for institutional-grade RWAs. Ethereum (ETH) – Big Firms Are Stockpiling Ethereum remains the backbone of DeFi and smart contracts , but what’s making waves now is the amount of ETH being scooped up by big players. Bybit, one of the top crypto exchanges, just bought nearly $100 million worth of ETH to cover a hack, showcasing its confidence in Ethereum’s long-term value. Even more surprising is Donald Trump’s Liberty Financial, which holds over half a billion dollars in ETH. Solana (SOL) – Could be a Game Changer Solana is another top pick, Bitwise Europe’s latest report predicts Solana could hit between $2,318 (bear case) and $6,600 (bull case) by 2030. The analyst notes that many investors are sleeping on Solana, but the network’s rapid adoption, developer activity, and institutional interest make it a top bet for the next cycle. Bitcoin (BTC) + Cardano (ADA) DeFi Connection Bitcoin remains a key pick, but the analyst highlights a growing Bitcoin-Cardano connection that could significantly impact Bitcoin DeFi. Cardano founder Charles Hoskinson Charles Hoskinson Charles Hoskinson is a visionary entrepreneur and technology pioneer renowned as the CEO and Founder of IOG (Input Output Global). With a profound commitment to advancing blockchain technology and decentralized systems, he has played a pivotal role in shaping the cryptocurrency industry's landscape. Charles co-founded Ethereum, one of the most prominent blockchain platforms, and later established IOG, a blockchain research and development company. Details:Organization: EthereumLocation: United StatesEducation: Master's degree and PhD program University of Colorado BoulderExperience:Founded first company at 18.Joined the Bitcoin Foundation and served as founding chairman of the educational committee.Co-founded Ethereum in 2014.Founded IOHK in 2017.Led the development of the Cardano blockchain platform.FAQ1. What is the net worth of Charles Hoskins?Charles Hoskins's net worth is $600-700M.2. What are Charles Hoskinson’s crypto ventures?During his decade-long crypto career, Hoskinson participated in several of the most prominent crypto projects in the industry. Chief Executive Officer explained on the Mr. M podcast how Babel Fees will allow users to pay transaction fees in wrapped Bitcoin (BTC) instead of ADA. This would make Bitcoin DeFi more seamless, as users wouldn’t need to interact with a secondary token, potentially unlocking a new era for BTC in DeFi. Chainlink, BitTensor, VeChain & Supra: The Blue-Chip Altcoin Mix Rounding out the picks, the analyst highlights Chainlink, BitTensor, VeChain, and Supra as top choices for those looking for low-cap assets with high conviction. Chainlink remains the leading oracle provider, crucial for smart contracts needing real-world data. Whereas BitTensor is considered a top-notch in AI-powered blockchain networks, on the top, VeChain continues to dominate supply chain solutions. However, Supra, a newer blockchain infrastructure project, has dropped nearly 15% during last month’s crash. 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면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.