What other tokens in the market are worth investing beside Bitcoin?
At present, there are thousands of various tokens created every day. What other tokens in the market are worth investing beside Bitcoin?
Bitcoin (BTC): Digital gold, the most valuable virtual currency.
The recent surge in Bitcoin prices has attracted many investors to enter the token market. Due to the small number, it has strong deflationary properties.
Prospects: Quoting Paul Krugman’s point of view, buying Bitcoin is still a good investment at least for now. The mission of establishing a currency system is not to make those who hold the currency rich, but to facilitate the transactions.
Judging from the Bitcoin’s development to the present, its true value is only reflected in its consensus. The project has not been innovated since Satoshi Nakamoto published the white paper, and there is no certain application scenario. The essence of blockchain is a decentralized technology, which is mainly used to protect the security and privacy of online transactions, and it is usually related to cryptocurrencies such as Bitcoin. Modern cryptography technology has been developed for nearly a hundred years. Advanced, safe, and controllable cryptography technology is the foundation of network security, and it has been given an important historical mission. How to truly apply blockchain technology to the real world has become a question for many projects. In response to this phenomenon, many projects are innovating, such as the recently popular NGK project, using smart contracts to replace Bitcoin is a huge innovation. The NGK blockchain system uses WASM to execute user-written smart contracts and only supports C/C++ language. The smart contract enables the relevant interface of the NGK system to interact with the outside to achieve operational functions. The user interacts with the contract through the interface provided by the smart contract.
Market investment value
Since the roller coaster rise and fall of Bitcoin, it has attracted more attention. The popularity of Bitcoin has also led to the popularity of other cryptocurrencies. Although Bitcoin is the king of cryptocurrencies, diversity is very important in the investment portfolios. In terms of utility, Bitcoin does not have much potential in various industries around the world, and its utility does not give value. On the other hand, the NGK develops its blockchain utility in the form of a blockchain. Its ecological applications, community consensus, and technical strength are second to none in the industry. It is particularly worthy of attention to its ecological project development strength. Since NGK went online, it has continuously created multiple top-notch ecological projects. Recently, the NGK developed its ecological application in depth, and successively created the Starry Sky Project. It launched sidechain tokens SPC and VAST, as well as the NGKEX, an ecological exchange to trade several major tokens in the ecology. This is the external manifestation of its project potential, and it is also a concrete manifestation of investment which can be assured.
