Over the last year, altcoins have experienced an incredible level of development and popularity. Altcoin market domination has risen from a near-zero share to over 55 percent at this moment.
Previously, investors who gambled on Bitcoin and Ethereum (ETH) in the early phases of their development gained a large profit. The prices of these two cryptocurrencies, on the other hand, have risen. Everyone has been looking for the next bitcoin and Ethereum since their spectacular growth.
The good news is that there are still cryptocurrencies with a lot of promise and cheaper entry prices. The native cryptocurrency of Cardano, ADA, as well as Polkadot (DOT), have had a successful year. As a result, they are tied for first place in terms of market capitalization, and both are among the top 10 cryptos. The former was rated 5th, with a price of $1.45, while the latter was placed 9th, with a price of $20.48.
In terms of total staked value, the two altcoins were likewise on top. In a recent interview with Anthony Pompliano, Anthony Di Iorio, a Canadian entrepreneur and one of the founding members of the Ethereum network, shared his thoughts on the two alts.
Because "the initiatives are handled by goal-oriented individuals," according to the current CEO of Canadian blockchain firm Decentral and crypto wallet Jaxx, the coins have the potential to expand further.
According to him,
“Right now, I'm just trying to keep everything simple.” I work on a variety of projects, although the most of them are in the top ten. Polkadot and Cardano are two of my favorite designers. “Let's just say I'm a big admirer of Charles. Taking some alternative methods to how they do things, lot more on the scholarly side of what he's done and driving things forward. Gavin Wood is a huge admirer of mine.”
It's no surprise that Di Iorio formed good bonds with Cardano's Charles Hoskinson and Polkadot's Gavin Wood, having worked with them both.
He went on to say, "To add to my thoughts, I'd like to say:
“Knowing those individuals from their days at Ethereum – and knowing their passion, competitiveness, and intelligence – I was able to monitor those initiatives for the previous three years and knew they were going to arrive to where they are now.”
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