Among today's hot cryptocurrencies, we have: $ICP, $PDA, and $ALT. Let's dive into them a bit more! Sound good? Let's get started! đ
$ICP (Internet Computer Protocol)
Team: DFINITY Foundation, founded by Dominic Williams, former research scientist at Microsoft.
Time in the market: Launched in May 2021.
Fundamental data:
Layer 1 blockchain network aiming to compete with Ethereum.
Focuses on scalability and security for decentralized applications (dApps).
Backed by strong venture capital funding.
Market capitalization: $4.5 billion USD
$PDA (Phantom Protocol)
Team: Phantom Foundation, anonymous team with experience in blockchain and finance.
Time in the market: Launched in April 2021.
Fundamental data:
Liquid staking solution allowing users to earn rewards on their cryptocurrencies without losing liquidity.
Compatible with Solana, a popular high-performance blockchain.
Market capitalization: $100 million USD
$ALT (Algorand)
Team: Algorand Foundation, founded by Silvio Micali, Turing Award winner.
Time in the market: Launched in June 2019.
Fundamental data:
Layer 1 blockchain known for its energy efficiency and scalability.
Supported by major companies like IBM and Fidelity Investments.
Market capitalization: $2.5 billion USD
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