© Reuters. Top altcoins that may be purchased in December 2021
- Cryptocurrency trader Michaël van de Poppe revealed the top altcoins to be purchased in December 2021.
- ,, Aave and Chainlink are the most promising altcoins to buy.
Recently, cryptocurrency trader Michaël van de Poppe uploaded a video that revealed the top altcoins to be purchased in December 2021. With the explosion of decentralized finance (DeFi) and the increase in the use of smart contracts, altcoins from the best companies in the blockchain field are about to emerge.
In addition, Michaël van de Poppe also listed the most promising altcoins to buy in December 2021.
At the top of the list is Ethereum (ETH), a smart contract platform for creating decentralized applications (dApps). It has designed its own programming language for the reliability of smart contracts. At the time of writing, the trading price of ETH is $4412.06, and the 24-hour trading volume is $26.2 billion.
Secondly, Cardano (ADA), a proof-of-stake blockchain platform, allows game changers, visionaries and innovators to bring about positive global change. At the time of writing, the ADA transaction price is $1.45, and the 24-hour transaction volume is $2.5 billion.
Third, Aave, a decentralized lending platform, provides higher interest rates than centralized lending, with better security and anonymity. Aave is one of the leading lending agreements today. It provides borrowers with more collateral than the amount they borrow into the loan smart contract. In addition, Aave provides a 10% annual interest rate for certain stable currency loans that don’t need to know your customers (KYC), which is truly unheard of in traditional finance.
Fourth, Chainlink, this kind of encryption brings external data into smart contracts. Ethereum smart contracts can now handle other asset prices, global events, and call other APIs. Chainlink makes smart contracts very smart. It also combines real-world data. For example, it allows operators to hedge against the off-season.
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