London, UK, 4th Dec 2021, October was a big month for cryptocurrency as the market’s total value surged almost 30% to $2.7 trillion! Hype-driven meme coins like Shiba Inu led this expansion, but over long-term assets that introduce technical innovations are likely going be more successful than those with no promise or future use case – let me tell you about Solana (CRYPTO: SOL) and why it’s in the broker’s Laura J. Benisti from FinancialCentre top crypto buy in November…
What did October have in store? Well, remember how last year Bitcoin went from being worth less than 1$ per coin on December 31st, 2017, up until July 2nd 2018 where prices hit an all-time high of 10,400$? Well, this year, that same thing happened, but two months later, in October. And just like last time, the hype didn’t last because November saw a bear market come back to crypto after a nearly 100% correction in value from the previous month.
So what should you buy in November 2021 when it comes to cryptocurrency?
The broker’s top pick is Solana (CRYPTO: SOL) which she think has massive potential for growth over the next couple of years…
Solana is a public blockchain designed to bring the power of decentralized applications (dApps) into our lives. These complex programs are powered by smart contracts, which function without an intermediary – they have potential for use cases ranging from cryptocurrency exchanges and markets where no one party has ownership over certain goods/services because each token represents something unique in its original state all way up through developing solutions on top of this technology using whatever tools may be needed at any point along that journey!
Why you should buy Solana this November
What makes Solana (CRYPTO: SOL) so much better than other projects in its space? Well, for starters, it’s already testing on the main net. What does that mean to someone like me who isn’t an expert in programming or coding? It means that even though there are bugs and issues with the project right now but could be working properly in the near future – this is a big deal because all too often, ICOs promise potential without being able to provide solutions anytime soon, which is why I’ve been investing more into cryptocurrency with real-world uses instead of just companies/coins making up any random use case they think might get them some hype.
What else makes Solana a unique blockchain project? How about the fact that it’s built on top of its own new programming language called LH-V8, which is written in Rust. What does this mean for users? It means that developers who already know how to code using this platform will have a leg up when figuring out how to use Solana…
What are smart contracts? A rising trend on social media!
So, what is Solana good for? Well, it could be used as a dApp hosting platform or distributed ledger, but more importantly – it’s great for executing transactions at high speeds. Why should I care about transaction speeds? Because payment gateways are revolutionizing online shopping, mobile applications are becoming more popular than ever, and multiplayer gaming can’t exist without super fast speeds!
The real sell the story behind Solana (CRYPTO: SOL)
Why should you buy Solana in November 2021? For starters, it’s an already working blockchain product with several use-cases. Secondly, it has major potential to grow over the next couple of years because its team is well versed in their field – they understand that technology shouldn’t just be random buzzwords, but instead solve common problems for users at all levels…
Ethereum has been one of the most impressive cryptocurrencies in recent years. With a market cap of over $520 billion and an increasing number of applications, it’s no wonder Ethereum is quickly becoming a popular cryptocurrency for developers to implement their projects onto this blockchain platform with smart contracts that can execute automatically when certain conditions are met as well as non-fungible tokens known commonly referred too by traders on exchanges such NFTs!
Ethereum blockchain to truly become the Universal Distributed Supercomputer
To date, Ethereum has been used for dozens of projects which have generated billions in revenue. While the “Enterprise Ethereum Alliance” (EEA) is one of its primary initiatives designed to create private enterprise solutions, it’s also successfully implemented certain cryptocurrency use cases, including decentralized exchanges and prediction platforms…
The latest Ethereum news
With an increase in mainstream coverage by financial media, more developers are starting to build on top of this platform instead of other smart contract blockchains because, unlike Bitcoin or Litecoin – ETH provides higher transaction speeds necessary for mass adoption when using cryptocurrencies like payments for everyday transactions like paying bills! I can’t wait until November 2021, when Ethereum will be even bigger than it is today…
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.