Latest News

Better to Invest In Cardano or Bitcoin? Vitalik Buterin invites the Ethereum community to vote on the best alternative

Vitalik Buterin, a Russian-Canadian programmer, has taken to Twitter to find out which cryptocurrency the Ethereum community considers to be the most viable alternative.

He polled his 3.1 million followers to see which currency, other than ETH, they thought will be the most popular means of payment and store of value in 13 years.

Bitcoin holds a commanding lead in Buterin’s first poll, with over 401,000 votes. Cardano came in second place with 29.4 percent of the vote, after briefly being at the top. Solana is in third place, now as the top “Ethereum killer” (14 percent ). Only 7% of respondents thought it was plausible to forecast that the US dollar would continue to be the world’s leading currency in 2035.

Binance Coin is currently leading a separate poll with over 147,000 votes, with a 39 percent share of the vote. Tron is the runner-up, followed by Neo.

In response to Buterin, many municipalities began promoting their own projects. In the comments, the Dogecoin co-founder also promoted his humor coin. So, earlier today, Tesla began accepting DOGE for some products, resulting in a 17 percent price rise.

While Ethereum had a spectacular year last year, some analysts, such as JPMorgan’s Nikolaos Panigirtzoglou, believe the meme coin will continue to lose market share this year due to scaling concerns.

Buterin’s Twitter activities indicated that he was in a self-deprecating mood. So, the co-founder Vitalik Buterin recently urged Twitter followers to show him the craziest examples of criticism directed at him. Lastly, The billionaire remembers being referred to as “an alien crackhead” at one point.

Related Posts – Ex-SEC Chair, Jay Clayton Believes Cryptocurrency Industry Is For Long Haul

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.