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Altcoinbuzz
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ONLY $1000: Invest in Polkadot or Cardano, $DOT or $ADA?
- Polkadot and Cardano have both suffered setbacks in the crypto space, dropping out of the top 10 measured by market cap.
- Polkadot is developing Polkadot 2.0, which will introduce a new technical upgrade with core time and elastic scaling.
- With the new core time, projects can rent time on the Polkadot infrastructure, using NFTs as crowdfunding. Polkadot aims to become agile with this upgrade.
- Cardano had the Chang hard fork, which brought governance to the platform.
- Cardano also joined Bitcoin's ecosystem through the BitcoinOS Grail bridge, a link between Bitcoin and DeFi, allowing it to tap into the massive Bitcoin liquidity pool.
- Both Polkadot and Cardano are seen as safe bets, but there are many newer projects with potentially bigger returns.
- While both projects have good fundamental tech and plans, it seems all a bit too late, and there are too many newer projects out there that promise bigger growth potential.
- If one had to choose between the two, Polkadot still has its upgrade to 2.0 coming in early 2025, making it the better choice for some.
- Altcoin Buzz does not provide financial advice. The information discussed is for educational, entertainment and informational purposes only.
- Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.
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