The creator of #DOGE ($DOGE ), Billy Markus, revealed his five favorite altcoins via X.
Markus, known as Shibetoshi Nakamoto, became a topic of discussion with a tweet he published during the day. Markus, who made a list of his favorite cryptocurrencies, put Dogecoin first. Markus, who did not hesitate to be at the top of his own project, expressed his reasoning as follows; “I did it”
Markus added that he listened to the leading crypto Bitcoin in the second. He reminded that the famous name was not a sure that Bitcoin started crypto. Markus also gave a remarkable answer to the XRP question from his followers.
Which altcoins did the founder of Dogecoin choose?
Billy Markus, include the new and surprising names on the list. Markus added the layer-1 blockchain Avalanche ($AVAX ) in his words, which is in third place. The architect of Dogecoin appreciated the #AVAX team's recent focus on real-world assets (RWA).
Markus' fourth favorite cryptocurrency was Ether (ETH). Markus stated that he made a lot of money from memecoins and NFTs on the Ethereum blockchain, which is why he showed ETH.
The crypto expert added Solana ($SOL ) to the last list he listened to. Markus stated that Solana also has a large ecosystem like Ethereum, and that he made a lot of money in this ecosystem.
A follower asked Markus the following question;
"An honest question; Aren't you rich in Dogecoin?"
Markus stated that he sold all his DOGE investments for $ 12,000.
Another follower asked Markus why he didn't add XRP to the list. The architect of Dogecoin stated that he had never invested in #XRP , but that he had not returned someone's $ 1 million XRP donation.
#BillyMarkus #BTCNewATH

Among numerous cryptocurrencies, Avalanche stands out as one of the best altcoins to buy because of its blazing-fast transactions and scalability solutions, which is also a primary reason why it is among the favorites of many blockchain developers.  However, despite being a promising choice, analysts are increasingly shifting their focus to 1Fuel, a revolutionary newcomer […]

The post Avalanche (AVAX) Shows Strength, Yet Analysts Say 1Fuel Offers Greater Growth Potential appeared first on TechBullion.

Avalanche (AVAX) renewed its approach as a L1 chain, after the launch of Avalanche9000. The project moves from its structure of several specialized chains and subnets to a new, fast network. 

AVAX recovered above $50 after the official launch of Avalanche9000. The new network has been in testing since November 25, and only took weeks to reach the official launch as a new L1.  

The launch arrives just days after Avalanche secured a $250M funding round from over 40 VC funds with the goal of supporting the updated Avalanche9000 chain. 

Avalanche9000 is an upgrade that has been in the making for a long time. The changes are based on multiple community proposals, which were implemented in the launch, also known as the Etna upgrade event. 

After the upgrade, AVAX recovered to $50.21, on the verge of re-joining the top 10 coins and tokens. AVAX was at one point seen as a competitor to Solana, though the chain was left with an older collection of apps. 

Ahead of the Avalanche9000 upgrade, the chain also saw a boost in its activity. In November, Avalanche produced $1.5M in fees, while previous months ranged under $800K. After the renewed gas structure, Avalanche and its validators will have to adapt to a permanently lower gas income.

Tether (USDT) made up more than 25% of activity on Avalanche as a share of total transactions. Circle’s USDT takes around 10% of transactions, pointing toward DEX swaps as the major source of Avalanche income. Trader Joe and Odos swaps make up another 10% of the network’s transactions. 

Avalanche to offer more accessible launches to Web3 startups

Before Avalanche9000, the project carried a complex mix of validator chains, as well as C-Chain, an EVM-compatible network tailored for gaming and Web3. Avalanche was one of the projects to offer curation and advice for new gaming projects. 

C-Chain ended up supporting high-profile games, while some projects launched their own subnets. After the update, C-Chain will transform into Avalanche9000, though explorers have not yet reflected the name change. 

With the upgraded L1, Avalanche aims to add projects that will each launch their own network, at a much lower cost. Previously, Avalanche required a significant upfront amount of AVAX to launch a subnet, which led to many projects seeking a more accessible solution. 

Avalanche9000 will work the same way as C-Chain, but with 96% lower gas fees. All the new L1 will be compatible and offer a seamless experience. The new L1 chains will essentially copy the subnet structure but with much lower initial fees and gas prices. 

Avalanche already carries $1.62B in DeFi value locked and is one of the chains to carry native Tether (USDT). The network also carries a version of Aave (AAVE), as well as other DEX and DeFi apps. C-Chain worked in a way similar to Ethereum-compatible L2 and achieved bridged inflows from Ethereum. 

Avalanche was one of the few L1 chains to build a connection to Ethereum. During the early gaming and NFT stage, some of the Avalanche projects even started on Ethereum and migrated at a later date.

Avalanche aims to build its own scaling solution

Through its experience with C-Chain, Avalanche noted that a single L1 was not sufficient to carry high-traffic apps and general transactions. Unlike Ethereum, Avalanche wanted to scale with its own collection of new compatible side chains. Each chain would have its own rules while being compatible with the main network. 

Even before the upgrade, chains like Dexalot carried a larger number of transactions and consumed more gas compared to C-net. Avalanche’s team wants to repeat that success and invite more Web3 startups to launch a native L1 at a minimal cost. All L1 will be compatible with MetaMask and Avalanche’s Core wallet. 

At this point, Avalanche aims to encourage a new wave of product-building. Previously, Avalanche focused on play-to-earn, while also adding several high-traffic DEX like TraderJoe and Pangolin. Apps and gaming projects either had to compete for gas on C-Chain, or make a significant upfront investment to build a subnet.

A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Catzilla is roaring into the spotlight alongside AVAX and XRP as major accumulations point to a potential 150x breakout, signaling massive growth opportunities for investors this quarter.

Table of Contents

Trump’s comeback sparks meme coin mania, Catzilla primed for rise

Avalanche aims for highs, despite recent dips

XRP continues to soar

Conclusion

The cryptocurrency market is buzzing with anticipation as major accumulations of AVAX, XRP, and CATZILLA signal a potential x150 breakout in the upcoming quarter. These tokens, each with unique strengths and growing adoption, are positioned to take center stage as investors shift their focus.

Whether it’s AVAX’s groundbreaking blockchain technology, XRP’s dominance in cross-border payments, or CATZILLA’s rise as the meme coin phenomenon, the factors driving these accumulations are setting the stage for significant growth opportunities. Here’s why these digital assets are worth watching closely.

Trump’s comeback sparks meme coin mania, Catzilla primed for rise

Donald Trump’s dramatic return to the spotlight has injected fresh energy into the crypto market, with meme coins stealing the show. As major cryptocurrencies struggle to gain momentum, Catzilla (CATZILLA) is gearing up for a spectacular breakout that could redefine the meme coin landscape.

With Trump’s pro-crypto agenda and a vision to position the U.S. as a global blockchain leader, meme coins are poised to thrive. Catzilla emerges as a frontrunner in this wave, armed with an ambitious roadmap and a narrative that’s captivating both investors and enthusiasts alike.

But Catzilla isn’t just another meme coin. It’s here to lead a rebellion in decentralized finance (DeFi), combining chaotic energy with a relentless drive for financial freedom. Its mission? To empower the community and challenge outdated systems while delivering life-changing gains to its supporters.

The Big Question: Will Catzilla rise to claim the throne as the undisputed king of meme coins?

Catzilla’s presale has taken off like a rocket, with an initial price of $0.0002 climbing to $0.0016 across 14 thrilling stages. Currently in Stage 4, CATZILLA is priced at $0.0006. Act fast, as prices will jump 16.67% in the next stage. With an 88% presale discount available now, early investors are set to reap massive rewards.

Missed the earlier stages? No worries! There are still 10 stages left, but time is ticking. Every stage sees a price hike, so the sooner users join, the greater the gains. 

Investors can get CATZILLA tokens now.

Catzilla isn’t just about personal gains—it’s about growing a community of like-minded investors. With its multi-level USDT referral program, users can earn passive income simply by sharing their referral link:

8% of every token purchase made by users’ direct referrals (Level 1).

2% from user referrals’ referrals (Level 2).

1% from Level 3 referrals.

It’s a win-win: users earn rewards while introducing others to the Catzilla movement.

Catzilla isn’t just another meme coin, it’s a full-blown movement uniting crypto enthusiasts, meme lovers, anime fans, and DeFi warriors under one powerful banner. Its bold narrative, cutting-edge design, and unparalleled profit potential make it a standout in the meme coin market.

This token is here to captivate, reward, and dominate. With an electrifying presale and a vibrant community rallying behind it, Catzilla is ready to roar louder than ever.

Interested users can join the Catzilla movement today.

You might also like: Dogecoin vs. Shiba Inu vs. Catzilla: The race for the meme coin crown intensifies

Avalanche aims for highs, despite recent dips

Avalanche is a Layer-1 blockchain known for its eco-friendly approach, low fees, and rapid transactions, handling up to 4,500 transactions per second. It lets users launch customizable Subnets, allowing for tailored blockchain solutions. The network uses a hybrid consensus mechanism that blends classical and Nakamoto consensus, achieving transaction finality in less than two seconds.

AVAX is currently trading at $48.69, up 38% over the last month. With a market cap of $19.94b, it holds the 11th spot among cryptocurrencies. Analysts expect further jumps in the next few days, despite its 2.6% drop in the past day.

XRP continues to soar

XRP is a digital currency that runs on the XRP Ledger, a decentralized system without a central authority. Created by Jed McCaleb, Arthur Britto, and David Schwartz, XRP was launched with 100 billion coins, with 80 billion gifted to Ripple to support development. Ripple uses XRP to enhance network liquidity and improve the ecosystem, placing 55 billion XRP in escrow for controlled release.

XRP trades at $2.36, marking a 122% jump in the past month. Its market cap now stands at $134.75b, positioning it as the 4th largest cryptocurrency. With Gary Gensler out of the SEC, the crypto world has high hopes for XRP.

Conclusion

The growing momentum behind AVAX, XRP, and CATZILLA underscores the dynamic potential of the cryptocurrency market as it evolves toward the next phase of innovation and adoption. Avalanche’s scalable blockchain, XRP’s seamless payment solutions, and Catzilla’s electrifying rise in the meme coin arena present a trifecta of opportunities for investors aiming to capitalize on the next big breakout. As these tokens attract increasing attention, early movers have the chance to secure significant returns. The question is no longer if these assets will explode but when.

For more information on Catzilla, visit their website, Twitter, Telegram Chat, or Telegram News.

Read more: Catzilla coin: Traders draw parallels to PNUT’s recent success

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Avalanche, a layer-1 blockchain launched in 2020 that's now the tenth-largest by total value locked (TVL), activated its highly anticipated Avalanche9000 upgrade Monday, marking the ecosystem's biggest technical changes to date.

The network has been prepping for these changes for months, with new features that will cut the costs for sending transactions, operating validators and building applications on the network.

Leaders at Avalanche have previously told CoinDesk that part of the goal with the upgrade is to attract developers to Avalanche and encourage them to create customized blockchains using its technology, known as subnets, or “L1s".

The upgrade, also referred to as the Etna upgrade, consisted of seven improvement proposals. The two biggest changes that were implemented were known as ACP-77 and ACP-125.

ACP-77 is a proposal that introduces a new type of validator, so users can launch their own subnets. These new nodes are less costly to operate, with the aim of therefore bringing in more people to spin them up and create their own Avalanche-based networks.

ACP-125 lowers the base fee on Avalanche’s main network that runs smart contracts, known as the C-chain, from 25 nAVAX (about $0.00000098) to 1 nAVAX ($0.00000004.) The goal is to make it cheaper to compute on that network. One nAVAX equals one-billionth of one AVAX. (Avalanche has two other main chains:the P-chain, where users can stake AVAX and operate validators; and the X-chain, which is used for sending and receiving funds.)

The Avalanche Foundation announced that ahead of the upgrade, it raised $250 million in a token sale, led by Galaxy Digital, Dragonfly and ParaFi Capital.

Read more: Avalanche Raises $250M Amid Major Overhaul of Layer-1 Blockchain

There’s no doubt that many projects, including established players like AVAX and DOT, have gained significant momentum during the recent bull run in the DeFi market. However, these major cryptocurrencies are not the only ones benefiting from the market’s influence.

With its amazing features and fast-growing presale, the new 1Fuel might just be the best crypto to buy now and here’s why;  

Enjoy Safe and Stress-free Trading With 1Fuel 

When it comes to trading in this booming altcoin season, the role of crypto wallets in trading cannot be understated. Yet, for new and even seasoned traders, navigating these wallets can often seem overly complex. 1Fuel aims to address this issue by streamlining the operational processes of crypto wallets, making them user-friendly and easy to manage.

But that’s not all; 1Fuel goes a step further by eliminating the high fees typically associated with traditional crypto wallets like Trust Wallet. 1Fuel also tackles the issue of managing multiple crypto projects with a single wallet by introducing disposable wallets. These wallets can be used for short-term or one-time transactions, which will encourage more adoption of crypto wallets amongst new traders. 

With over 125 blockchain networks supporting decentralization, 1Fuel offers a decentralized P2P exchange which allows users to make direct trades without being bothered by traditional fees. Through this exchange, users can trade various assets directly with each other, while 1Fuel also offers a separate feature—crypto debit cards—that enable instant crypto-to-fiat conversions for seamless instore or online purchases.

Avalanche’s New Token Upgrade Boost’s AVAX’s Growth

On December 12, Avalanche conducted a private locked-token sale, raising an impressive $250 million. This amount will bolster Avalanche’s $3 billion treasury in AVAX tokens. According to the AVAX network, the funds from this sale will support the forthcoming “Avalanche9000” network upgrade. Built on the “Etna Upgrade” and proposals ACP-77 and ACP-125, Avalanche9000 will introduce restructured subnets and reduce validator costs from 2,000 AVAX to just 1.33 AVAX per month.

While AVAX went up by an impressive 57.47% in the past month, it has been fluctuating around the $50 mark in the last seven days. Many AVAX holders are optimistic that the Avalanche9000 upgrade will drive further growth, seeing as it is considered the biggest ecosystem upgrade in this altcoin season.  

Polkadot Could See Even More Growth Before Q4 2024 Ends

Since the DeFi market’s bull run in November, DOT has been on a strong growth trajectory. In fact, DOT has grown by an impressive 77.29% in the past month, and this upward momentum does not show any signs of slowing down soon.

Currently, DOT is trading around $9, which is already a noteworthy price point but still leaves room for further gains if it can break through key resistance levels.

Market analysts have predicted a climb to $10, provided the market stays favorable and trading volumes increase. Polkadot’s continued focus on development, including parachain auctions and improved staking rewards, is also expected to contribute to improving its position in the market.

Conclusion 

Investors in AVAX and DOT can expect significant gains this season. However, the growth potential of these cryptocurrencies pales in comparison to that of 1Fuel. With its presale already underway and OFT tokens priced at just $0.012 each, 1Fuel is quickly establishing itself as the best crypto to buy now. Buy OFT today and enjoy an automatic 20% bonus on all purchases! 

If you would like to find out more information about the presale:

Presale | Telegram | X

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The post Altcoin Season: Why 1Fuel (OFT) Is Set to Outperform Avalanche (AVAX) and Polkadot (DOT) appeared first on CaptainAltcoin.

Billy Markus, the creator of Dogecoin better known online asShibetoshi Nakamoto, recently shared his top five favorite cryptocurrencies. As things stand, his top picks are Dogecoin (DOGE),Bitcoin (BTC), Avalanche (AVAX),Ethereum (ETH) and Solana (SOL), with each one having its own special reason for making the list.

Starting with Dogecoin, which he created himself, Markus said that he chose it because he has a personal connection to the cryptocurrency. DOGE, which started out as a bit of a joke on a BitcoinTalk forum, has really taken off and is now a well-known digital asset with a large community of users, and evenElon Musk is among its endorsers.

card

Next up was Bitcoin, the first cryptocurrency and basically the foundation of the entire crypto industry. Markus saw Bitcoin's historical significance and knew it would continue to be a top digital currency. However, he rejects being a BTC maximalist.

Interestingly, when asked about the absence ofXRP from his list, Markus explained that he does not own any. At the same time, he joked that his opinion might change if he were to receive some.

i own 0 xrpif someone sent me a million dollars worth i would probably like it more

— Shibetoshi Nakamoto (@BillyM2k) December 16, 2024

Next up, in third place was Avalanche, an Ethereum-based blockchain platform known for its focus on speed and scalability. Markus also gave a nod to Avalanche's growing popularity and its practical uses that he believes are pretty impressive nowadays.

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Ethereum earned its spot because it is great for smart contracts and decentralized apps. Markus said he has had success with Ethereum through NFTs and other projects, despite the high gas fees, which is a common sentiment in the crypto community.

The Dogecoin creator also mentioned Solana, which has been used for a number of successful projects. Its growing ecosystem and reputation for efficiency in investments returning this cycle makes it a standout choice for almost everyone. Earlier this year, Markus even launched a competition asking Solana and Ethereum enthusiasts to send him their favorite meme coins.

Avalanche (AVAX), the high-performance blockchain platform, has completed a significant mainnet upgrade known as Avalanche 9000. Avalanche 9000 brings numerous enhancements aimed at improving the network's scalability and cost-effectiveness. This upgrade marks a major milestone in Avalanche's development since its mainnet launch in 2020. Avalanche 9000 introduces optimizations to the network's consensus protocol, enabling faster transaction processing and reduced latency. Additionally, the upgrade includes improvements to the platform's fee structure, making transactions more cost-efficient for users. With Avalanche 9000, the platform aims to further strengthen its position as a leading blockchain solution for decentralized applications, enterprise use cases, and the creation of innovative financial products. The upgrade is expected to enhance the platform's scalability and efficiency, empowering developers and users alike to leverage the full potential of the Avalanche ecosystem.

Avalanche has consolidated over the past two weeks. With a bearish crossover, AVAX might decline before a breakout. 

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Avalanche is down -4.64% today against the US Dollar

AVAX/BTC decreased by -5.04% today

AVAX/ETH decreased by -3.84% today

Avalanche is currently trading 24.87% below our prediction on Dec 20, 2024

Avalanche gained 59.71% in the last month and is up 19.72% since 1 year ago

Avalanche price $ 49.69 Avalanche prediction $ 66.14 (33.02%) Sentiment Bullish Fear & Greed index 80 (Extreme Greed) Key support levels $ 48.39, $ 46.89, $ 44.23 Key resistance levels $ 52.55, $ 55.20, $ 56.71

AVAX price is expected to rise by 33.02% in the next 5 days according to our Avalanche price prediction

Avalanche price today is trading at $ 49.69 after losing -4.64% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -4.01% in the same time period. AVAX performed poorly against BTC today and recorded a -5.04% loss against the world’s largest cryptocurrency.

According to our Avalanche price prediction, AVAX is expected to reach a price of $ 66.14 by Dec 20, 2024. This would represent a 33.02% price increase for AVAX in the next 5 days.

AVAX Price Prediction Chart

Buy/Sell Avalanche

What has been going on with Avalanche in the last 30 days

Avalanche has been displaying a positive trend recently, as the coin gained 59.71% in the last 30-days. The medium-term trend for Avalanche has been bullish, with AVAX increasing by 110.18% in the last 3 months. The long-term picture for Avalanche has been positive, as AVAX is currently displaying a 19.72% 1-year price change. On this day last year, AVAX was trading at $ 41.50.

Avalanche reached its all-time high price on Nov 21, 2021, when the price of AVAX peaked at $ 146.18. The current AVAX cycle high is $ 65.26, while the cycle low is at $ 8.69. AVAX has been displaying high volatility recently – the 1-month volatility of the coin is at 15.10. Avalanche recorded 17 green days in the last 30 days.

Avalanche technical analysis for today - Dec 15, 2024

The sentiment in the Avalanche markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 48.39, $ 46.89 and $ 44.23, while $ 52.55, $ 55.20 and $ 56.71 are the key resistance levels.

Bullish sentiment for Avalanche

24 indicators are currently signaling a bullish prediction for Avalanche, while 5 indicators are showing a bearish forecast. With 83% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Avalanche.

Crypto market is currently experiencing Extreme Greed

Currently, the Fear & Greed index is at 80 (Extreme Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Avalanche moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Avalanche is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 53.25 (SELL) $ 48.45 (BUY) - - MA5 $ 51.81 (SELL) $ 49.13 (BUY) - - MA10 $ 49.79 (SELL) $ 48.77 (BUY) - - MA21 $ 46.80 (BUY) $ 45.51 (BUY) $ 23.09 (BUY) $ 32.35 (BUY) MA50 $ 37.15 (BUY) $ 38.90 (BUY) $ 16.93 (BUY) $ 30.31 (BUY) MA100 $ 31.71 (BUY) $ 34.12 (BUY) -$ 15.01 (BUY) $ 25.20 (BUY) MA200 $ 29.50 (BUY) $ 31.81 (BUY) $ 2.38 (BUY) $ 5.31 (BUY)

Period Value Action RSI (14) 57.96 NEUTRAL Stoch RSI (14) 23.62 NEUTRAL Stochastic Fast (14) 77.13 NEUTRAL Commodity Channel Index (20) 66.67 NEUTRAL Average Directional Index (14) 39.13 BUY Awesome Oscillator (5, 34) 6.14 NEUTRAL Momentum (10) 1.28 NEUTRAL MACD (12, 26) -0.38 NEUTRAL Williams Percent Range (14) -22.87 NEUTRAL Ultimate Oscillator (7, 14, 28) 58.68 NEUTRAL VWMA (10) 50.22 BUY Hull Moving Average (9) 45.91 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 44.02 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Avalanche is at 57.96, suggesting that AVAX is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Avalanche over the last 50 days. Currently, Avalanche is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the AVAX closing price for the last 200 days. AVAX is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Avalanche prediction

After considering the above factors, we can conclude that the current forecast for Avalanche price prediction is Bullish. AVAX would have to increase by 33.02% to hit our $ 66.14 target within the next five days. Moving forward, it will be important to monitor the AVAX market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Avalanche price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Billy Markus, also known as Shibetoshi Nakamoto online and the creator of Dogecoin, has revealed his five favorite cryptocurrencies in a series of posts on X between the 14th and 15th of December 2024.

His picks—Dogecoin (DOGE), Bitcoin (BTC), Avalanche (AVAX), Ethereum (ETH), and Solana (SOL)—highlight his unique perspective on innovation and personal connection in the crypto world.

https://twitter.com/BillyM2k/status/1868464749178163257 DOGE: A Sentimental Favorite

Markus placed Dogecoin at the top of his list, unsurprisingly. DOGE is close to him since he is the creator of the coin or one of the creators. 

Dogecoin was created in 2013 as the fun virtual currency from the famous doge Internet meme mimicking Bitcoin. It has grown popular among crypto enthusiasts. 

It has a community-fundamental model, a market capitalization of $60.3 billion, and backing from celebrities such as Elon Musk. 

Markus’ attachment to DOGE goes beyond its numbers—it’s a project rooted in fun and inclusivity.

BTC: The Original and Still Dominant

Next, Markus honored Bitcoin, the first cryptocurrency. He shared his respect for BTC’s pivotal role in the industry. 

Bitcoin still holds the largest crypto market share, at $1.2 trillion. The daily trading volume for this digital currency is more than $81 billion. 

Prosecutor Markus is not a maximalist to BTC but respects its legacy as the first cryptocurrency and its impact on the entire market. 

AVAX: Speed Meets Functionality

Avalanche (AVAX) made the list for its cutting-edge speed and scalability. Markus tweeted his appreciation for AVAX’s efficient transactions and rising popularity among dApp developers. 

With a $20 billion market cap and growing adoption in DeFi, Avalanche has positioned itself as an Ethereum competitor. Its focus on speed and lower costs sets it apart, which Markus highlighted as key reasons for his choice.

ETH: The Smart Contract Pioneer

Ethereum earned its spot for its contributions to smart contracts and decentralized apps. Markus noted that he’s personally benefited from Ethereum’s ecosystem, particularly through NFTs. 

Despite high gas fees, Ethereum’s versatility keeps it relevant, with a market cap of over $500 billion and a trading volume of $15 billion daily. 

SOL: Rapid Growth and Efficiency

Markus wrapped up his list with Solana (SOL), praised for its speed and energy efficiency. Solana’s ecosystem has grown rapidly, and it is supported by a $50 billion market cap and increasing developer interest.

Markus also engaged with the Solana community through a meme coin challenge earlier this year. He called Solana’s recent successes impressive, tweeting about the blockchain’s rising impact.

No Room for XRP!

When asked about XRP’s absence, Markus offered a candid response. He admitted he doesn’t own any XRP but joked that his opinion could change if someone gifted him some. 

Markus’ top picks showcase a mix of sentiment, innovation, and practicality. His insights shared directly with the crypto community on X, offer a glimpse into how one of Dogecoin’s key figures evaluates the evolving crypto landscape.

According to Odaily, Grayscale has announced on the X platform that as of December 13, its suite of cryptocurrency products now supports 30 different digital assets. This expansion includes a variety of well-known cryptocurrencies such as AAVE, AVAX, BAT, BCH, FIL, GRT, LDO, LINK, LPT, LTC, MANA, MKR, NEAR, OP, RENDER, SOL, STX, SUI, TAO, XLM, XRP, and ZEC.

Grayscale's decision to broaden its range of supported digital assets reflects the growing demand and interest in diverse cryptocurrency investments. By including these 30 digital assets, Grayscale aims to provide investors with a wider array of options to diversify their portfolios. This move is part of the company's ongoing efforts to adapt to the rapidly evolving digital currency landscape and meet the needs of its clients.

The inclusion of these assets is expected to enhance Grayscale's position in the cryptocurrency market, offering investors more flexibility and choice. As the digital asset market continues to expand, Grayscale's comprehensive suite of products positions it as a significant player in the industry, catering to both institutional and individual investors seeking exposure to a broad spectrum of cryptocurrencies.