What's your Favorite Altcoin and Why?

[mich]

Well I like alot of altcoins but Ethereum is my favorite. I like Ethereum because there is a real use for it. I dont hodl so many of them but I do think in the next 'bull run' there is going to be some profits.

And I like its blockchain and that you can use Dapps on the blockchain. And it has large marketplace only behind Bitcoin. I do not like its high transactions fees but I do not send them very much.

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[gabbie2010]

There are 1000's of Alternative Crypto-Currencies out there, but which one do you actually use?

Post your favorite Altcoin below and tell us why you think so.

I like Doge and Ethereum both are my favorite altcoins, Doge is like a sleeping giant after buying low I will wait for an important announcement by Elon Musk thereafter an instant impact of that announcement pump it price thus I take profit and waited for it price to reverse repeat the same process again, Ethereum shares almost the same Price Action similar to Bitcoin therefore it ability of having a lower price compared to Bitcoin is an advantage to buy more of the coin at a cheaper price as well as earning more profits when it price pump and another advantage is that also respond quickly when the price of Bitcoin pump massively compared to other altcoins.

[libert19]

I like Hive (https://hive.blog being frontline dapp). I'm quite biased here because it was first crypto that I was heavily involved in (I interacted with Steemit actually, Hive is fork of it — most of community moved to Hive from Steem after Justin Sun's takeover).

It's feeless and due to that p2e games (splinterlands, dcity, dcrops) on it are so much fun, no annoying fail transactions and paying unnecessary fees, less scams — it's like this place is different compared to rest of crypto which is riddled with scams, active community, plenty devs who always try to make useful dapps for ecosystem and contribute in their own way, account names (these evm chains are making big fuss out of it, before ENS came, Steem/Hive already had account names.

[zasad@]

There are 1000's of Alternative Crypto-Currencies out there, but which one do you actually use?

Post your favorite Altcoin below and tell us why you think so.

Look at last year's report from cryptorank for November 2022
​​TVL Performance on Multiple Networks in November
https://news.cryptorank.io/tvl-performance-on-multiple-networks-in-november/



And compare this with the cryptorank report for October 2023


https://cryptorank.io
The table of leaders and actual working projects has not changed much.

[letteredhub]

I have sentimental fears for altcoins as they aren't reliable and their future is not potent to submit ones portfolio into it for a long time Investment plan. For those that have felt the pangs of altcoins will have a fine perception about my fears for that I have made peace with bitcoin avoiding all altcoins by all means.  There's a lot of hype with ethereum and that's because of how it's been closely following bitcoin and  the versatility it's gaining despite that, I won't put my two cents on it it's still an altcoin.

[krishnaverma]

ETH is my favorite. This is the only alt coin which has the potential to give some competition to Bitcoin. It is evident from the fact that so many projects are based on this coin.

[kentrolla]

Without a doubt or second thought I would say Ethereum and there are numerous reasons to select Ethereum as my favorite Altcoin but I would always consider the fact that Ethereum was the only Altcoin out of thousands of altcoins available in the market to bounce back post the bearish market and Ethereum was the last major coin to red when all the other altcoins went through bloodbath once the Bitcoin's value dropped from over $20k to $3k in previous bear market.

One more reason is it's continuous development as the developers are really active and working tirelessly to be the best in the market unlike TRON which I had high hopes but it never achieved what it is capable o because Justin Sun was more in news for controversies rathen than showing any interest in development of TRON. I had great interest in the Altcoin named Utrust but it didn't had it's peak yet and hopefully in future it would be a big thing.

[Fademigo]

One of my favourite altcoins is GALA.
Why?
Well, they have halving in the tokenomics, something like BTC invented so it gives less inflation in the eco system.
They have millions to promote.
They want to be Steam on blockchain.
They are in the gaming industry, one of the biggest industries in the world.
They have actual products that are working.
Their token is cheap at the moment.
They have big community of 2 millions people or maybe more.

[DaNNy001]

Well I like alot of altcoins but Ethereum is my favorite. I like Ethereum because there is a real use for it. I dont hodl so many of them but I do think in the next 'bull run' there is going to be some profits.

And I like its blockchain and that you can use Dapps on the blockchain. And it has large marketplace only behind Bitcoin. I do not like its high transactions fees but I do not send them very much.

I particular don't have any specific altcoins I will hodl dearly to me but I think I will do when the bull run has come because this is the only time when I get to actually choose an altcoin I will like to hodl because that period is going to be boom for some altcoins and you can certainly make lots of cash from them but for now I think I will go Ethereum too as they are the next close able coins after Bitcoin and I believe with time coming some much ground will be gained and enjoy for some folks actually HODLing this coin.

[BabyBandit]

Solana (SOL) for sure.
Have been a very good investment for me so far, I have double the investment I did in Solana a couple of months ago.  
If I had the choose one ALT coin to go hard on for the next years it would for sure be Solana. I think Solana will climb much higher.

- Regards BabyB. 👼

[oktana]

The choice between Ethereum and BNB was a tough one for me because I respect both of them. I choose Ethereum because I see it as the father of Altcoins. I know we now have other Altcoins on other blockchains, however, I still give due respect because Ethereum has been here, and it is even the first Altcoin to introduce a decentralized smart contract platform. And then it brought about the DApps we see today. BNB too has a lot of use cases. And both of them are also good for investment.

[The Cryptovator]

As if my favourite altcoin is still Ethereum. It has greater potential than other altcoins. Before the SEC allegations, I was a fan of Binance Coin, which is actually called BNB. Due to the massive dump, a lot of investors lost their funds in BNB, and still, it has been struggling to grow compared with other altcoins. Ethereum has a massive use case that is helping to grow it, and the biggest community is always backing it. Network fees don't matter for me, though they are still higher than those of other altcoins.

[Belarge]

The choice between Ethereum and BNB was a tough one for me because I respect both of them. I choose Ethereum because I see it as the father of Altcoins. I know we now have other Altcoins on other blockchains, however, I still give due respect because Ethereum has been here, and it is even the first Altcoin to introduce a decentralized smart contract platform. And then it brought about the DApps we see today. BNB too has a lot of use cases. And both of them are also good for investment.

Ethereum is an extensive open source blockchain in cryptocurrency, there's strong team behind the projects and they're working effortlessly to meet up. Vitalik Buterin, co-founder of ETH, is interested on maximizing project profits and spreads. Are you contemplating whether or not to use ETH or BNB? The answer is undoubtedly ETH because it is a reliable project that has aided most traders and investors over the years, and its movement is closely monitored in parallel with the Bitcoin trend. Ethereum has gained enough footing to overtake BNB, Binance's native coin. ETH creates its own blockchain and is widely accepted in the system.

[JeffBrad12]

ETH is my favorite. This is the only alt coin which has the potential to give some competition to Bitcoin. It is evident from the fact that so many projects are based on this coin.

ethereum i think has the history of nearing the market capitalization of bitcoin its actually quite awesome. the fact that back then at around the rally ethereum is having its blockchain so congested that some people willing to shell out hundred of dollars just to pay for the fee speaks itself for the ethereum.
it was massively favoured by so many project that revolve around its EVM and until now ethereum has proven to be the most reliable altcoin to date with massive market capitalization.
I personally already bag so many ethereum at this point because i believe this coin gonna increase just right after bitcoin have a massive rally.

[Sophokles]

From the list you have provided ETH and LINK is the best project that can outperform it's previous bull cycle performance. Link have already shown significant growth after it's CCIP upgrade. LINK can be highly utilities by Blockchain interoperability to send messages from one Blockchain to others.

From outside of your list I am focusing on more narratives like RWA, web3, AI, Decentralized social media etc. I think all these narrative can perform extremely well in the upcoming bull cycle.

[Essential10]

Each cryptocurrency has specific purpose and functionality so I really don't have a specific altcoin that would be best for me. In many cases, some of the altcoins mentioned above may be required to be used or used by many. However, I have needed to use altcoins like Tether and Tron in many cases. I like using such altcoins for quick editorial transactions. But if we notice that among all altcoins, Ethereum is an international essential multipurpose cryptocurrency. Ethereum was originally built on the Bitcoin blockchain.

[wxa7115]

Each cryptocurrency has specific purpose and functionality so I really don't have a specific altcoin that would be best for me. In many cases, some of the altcoins mentioned above may be required to be used or used by many. However, I have needed to use altcoins like Tether and Tron in many cases. I like using such altcoins for quick editorial transactions. But if we notice that among all altcoins, Ethereum is an international essential multipurpose cryptocurrency. Ethereum was originally built on the Bitcoin blockchain.

I actually wished each altcoin had a real reason to exist, but other than to make money for the ones releasing that coin and for speculators to try to make money with it most altcoins have no purpose at all.

And as you may guess this means I do not really use a lot of altcoins, however by far the one that I use the most is ethereum as there are some services I use that do not accept bitcoin but they do accept ethereum, and other than ethereum I use stable coins from time to time as well, but I avoid holding them for long as you never know when the institution behind them could collapse and leave you with a bunch of useless tokens.

[Samlucky O]

For me bnb and Tron is my best experience bnb because it's always in any exchanges it always stand as 3 position after BTC Etherium you'll see BNB. Very fast and easy and it's reliable.

[Dr.Bitcoin_Strange]

Currently, I am not holding any of the favorite altcoins I like; the only altcoins I am holding are most of the shitcoins, which have little possibility of becoming valuable coins. Although I like BNB because of CZ Binance and the Binance exchange, the exchange is a very popular one, which makes the coin have better usability, and I think if the exchange continues to exist, the coin value will likely increase. Ethereum is also an altcoin I like because the blockchain is very popular and the majority of projects are launched on it. Next is Dogecoin; it's one of the meme coins I like, followed by Matic; the transaction fee is too cheap.

[Oneandpure]

In my portfolio have several altcoins holding but regarding with many altcoin kinds Ethereum is the first standings of my favorite altcoin, believe or not only Ethereum is most potential altcoin and not waiting for longer time recovery and back to higher price. Just few minutes earlier with Ethereum above $2k and looks not difficult to earn profit for investing in ethereum coin. Second place for favorite altcoin is BNB, although price drop drastically from $300 and ever on $210 last several week ago but BNB still promising with current price raise above $250.

BNB still second place as favorite coin because get benefit when holding BNB can participant on launchpool project in Binance, stake BNB you can earn new launchpool coins and earn profit as holding assets then new coin arrive in our Binance account.