Sean Williams, an experienced expert in the crypto market, recently announced three altcoin projects that will mark the next five years in his analysis. According to Williams, these altcoins are AVAX, MIOTA and ALGO respectively
Popular altcoin Avalanche (AVAX), which will continue to shine
Avalanche (AVAX), although not as famous as the leading altcoin ETH It is known as a smart contract-based Blockchain. Analyst Sean Williams’ bullish forecast of Avalanche offers a certainty of trading in less than two seconds. Also, according to the analyst, the scale offered by the Avalanche network looks extremely impressive. Late last year, the altcoin’s developers announced the ability to process at least 4,500 transactions per second (TPS).
Ergo, according to its developers Avalanche has unlimited TPS. On the other hand, analyst Williams states that the most important aspect of Avalanche is that the Ethereum Virtual Machine (EVM) runs on its own Blockchain. Therefore, the analyst states that we may see Avalanche become the network of choice for dApp developers.
IOTA (MIOTA) and Algorand are also promising
IOTA, a fairly innovative altcoin, is analyst Williams’ other choice. According to the analyst, the secret behind the future success of IOTA, which does not use blockchain, will be its network known as the “Tangle”. Tangle is used to maximize the speed of the network. Also, unlike the high transaction fees of Bitcoin and Ethereum, there are no fees for transactions on the IOTA network. According to the analyst, another reason for IOTA to rise is that it offers real-world usage.
Sean Williams, whose analyzes we frequently refer to as Cryptokoin.com, has Algorand (ALGO) on his radar. Like AVAX, this altcoin is known as a smart contract-based Blockchain network. Algorand primarily focuses on being the face of decentralized finance (DeFi). According to the project’s website, Algorand completes the transactions in just over four seconds. The analyst thinks the altcoin network is also pretty good at interoperability. Algorand aims to take the lead and close these gaps.
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