Altcoins
Top 5 Altcoins That Will Remain Relevant Despite Central Bank Digital Currency (CBDC) Rollout By 2030
Several Apex banks around the world are working on issuing their own central bank digital currencies (CBDCs) as people become more and more interested in digital currencies. Unlike most decentralized cryptocurrencies, these digital currencies will be managed by central banks.
Currently, CBDCs are already being developed in 132 countries, with Jamaica, Nigeria, the Bahamas and China’s e-CNY taking the lead. By 2030, the Bank for International Settlements plans to create 15 retail CBDCs and nine wholesale CBDCs. Additionally, the use of CBDCs is gaining more and more importance, with some countries already testing theirs.
Meanwhile, this new trend could change the altcoin market by introducing fierce competition, changing regulations, and changing investor opinions. Although we will have to wait and see how this affects altcoin prices, below are the top 5 altcoins that would still remain relevant in the market despite the upcoming advent of centralized digital currencies.
As a Pioneer of GameFi and Social Fusion, KangaMoon (KANG) Holds Huge Longevity Potential
The year 2030 does not seem to be a time when KangaMoon (KANG) will lose relevance at all. The glamor coin and play-to-win token have achieved quite a feat in a short period of time. Specifically, KangaMoon managed to surpass $6.5 million in presale revenue after selling over 80% of its late-stage presale tokens. Along with this, KangaMoon shocked early buyers with over 400% ROI, going from $0.005 to $0.025.
For context, KangaMoon is a coin project that leverages social media incentives with play to win gaming models, creating an immersive ecosystem where participants can have fun while earning KANG tokens alongside other valuables. Dubbed “Kangaverse,” this immersive ecosystem hosts various fighting contests that players can enter to win $KANG tokens or even in-game assets like rare avatar skins.
Although it has not yet launched to the mainstream crypto market, analysts have high expectations for the native KANG token. Some predict that KangaMoon’s price could reach $0.5 this year, especially after its listing on Tier 1 exchanges. Meanwhile, KangaMoon now boasts a rapidly growing community of over 20,000 members, proof of its influence on the meme coin market.
Thanks to its newest community engagement partnership with RaidSharkBot, KangaMoon is poised to gain even greater adoption and potentially surpass Dogwifhat and Bonk. Currently, new and existing members who comment and share KangaMoon’s social media posts receive free $KANG tokens from KangaMoon, a distinguished approach to supporting community development.
Solana (SOL) Improves Impressive Network Performance That Could Stand the Test of Time
Solana (SOL) is a high-performance blockchain platform known for its fast transaction speeds and low fees as well as its meme coin count pool that has brought a Large TVL and market capitalization to its platform.
Currently, all Solana meme coins, including the most popular ones like Dogwifhat, Bonk, BOOK OF MEME, Popcat, and cats in a dogs world, have managed to garner over $6.2 bars in market capitalization. This highlights the importance of the Solana network for its growth in the years to come.
Among the top five altcoins in the market, the Solana network originally supports decentralized applications (dApps) and smart contracts, making it attractive to developers and users. Therefore, its relevance over the next decade will likely be influenced by its ability to scale further, maintain low transaction costs, and continue to foster a vibrant ecosystem of dApps and coin projects.
The forward-thinking nature of Celestia (TIA) paves the way for new use cases in the years to come
Celestia (TIA) is a relatively new crypto in the blockchain space that focuses on privacy, security, and decentralized finance (DeFi) applications. It emphasizes user anonymity and robust security features. Celestia’s token saw a remarkable 354% price surge since its launch, establishing a substantial market cap value of $1.7 billion.
One of the main strengths of Celestia Network is its provision of a centralized alternative for data availability, opening the door to new applications previously impossible to achieve on Ethereum. Additionally, its compatibility with the Ethereum blockchain due to the high initial block size and low transaction fees suggests a symbiotic relationship that could unlock other use cases in the altcoin market.
As an original cryptocurrency, the relevance of Bitcoin (BTC) is untouchable
Bitcoin (BTC) is the first and most well-known cryptocurrency, often referred to as “digital gold”. It is decentralized, limited in supply, and serves as a store of value and medium of exchange. Bitcoin’s relevance will likely endure due to its brand recognition, decentralized nature, and status as a store of value.
However, the existing crypto asset may face challenges from CBDCs in terms of adoption for daily transactions. Regardless, its role as digital gold and a hedge against inflation could still be important. Better yet, its influence on the broader altcoin market is also a factor to consider when considering its potential growth.
Bitcoin’s rise over the past few years has been monumental, with the last year seeing the token rise by over 100%, demonstrating its enduring value in the market. With the approval of several ETFs and the anticipation of additional developments to come, Bitcoin’s relevance is almost permanent.
Dogecoin (DOGE) is the original coin that inspired many people and is still leading
Dogecoin (DOGE) started as a coin, but gained popularity and community support over time. It features low transaction fees and fast block times. Dogecoin’s relevance depends on its ability to maintain community engagement, adapt to technological advancements, and potentially find use cases beyond its meme origins.
Meanwhile, the native DOGE token may face more challenges than other coins on this list in terms of long-term utility and adoption; although it still exerts an immeasurable influence that may not dissipate anytime soon. CoinMarketCap analysts even expect Dogecin to remain relevant in the coming years and likely reach $4,423 by 2050.
How relevant will KangaMoon remain in the next decade?
There are many factors to consider when considering the longevity and relevance of KangaMoon. Firstly, being a meme coin already represents a bonus, because we know that meme coins are increasingly supported by community support.
With KangaMoon’s engaging and enriching platform, it is expected to be able to amass millions of users over the next decade. In a nutshell, KangaMoon is also a pioneer in GameFi and SocialFi, an innovative approach that is poised to make significant waves in the play-to-earn market and on blockchain.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
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