Ethereum’s price has moved sideways in recent weeks. The ETH / USD pair is trading at 3.931, where it has been recently. This price is roughly 20% below this year’s highest level, while its market cap has dropped to roughly $ 467 billion. So, let’s take a look at some of the best Ethereum killers to invest in this month.
Hedera Hashgraph is a fast-growing blockchain project that primarily focuses on institutional users. It is a smart contract platform that is known for its significant speeds. It can process around 10,000 transactions per second, which is significantly faster than what Ethereum can do.
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Hedera Hashgraph is also known for its governance structure. The network is governed by some of the leading organizations in the world. These include Google, IBM, LG, Nomura, Standard Bank, and ServiceNow.
The price of HBAR has risen approximately 57% from its lowest level in November this year. This came as investors applauded his entry into the metaverse industry. Analysts believe that its speed and hashgraph technology will attract more developers to the network. This makes it an ideal Ethereum killer to invest in.
Avalanche is a fast growing Ethereum killer that is known for its speed. AVAX, its native token, has risen almost 4,000% this year and has brought its total market capitalization to more than $ 26 billion. It is now the 11th largest cryptocurrency in the world.
Avalanche is a good Ethereum killer to buy in December due to its significant momentum and the growth of its ecosystem. A good way to see your trends is to look at your decentralized finance (DeFi) ecosystem.
Data compiled by DeFi Llama shows that there are now more than 100 DeFi platforms built using the network. They have more than $ 11 billion in total locked value (TVL), making it the fourth largest platform.
Terra is a South Korean Ethereum platform managed by a company known as Terraform. The platform enables developers to create quality decentralized applications. Today, LUNA has a total market capitalization of over $ 29 billion, making it the ninth largest crypto currency in the world.
The popularity of Terra is mainly due to its stable coin which is known as TerraUST (UST). This is a fast-growing platform whose total market capitalization has grown to more than $ 19 billion. It is the fourth largest stablecoin in the world after Tether, USD Coin, and Binance USD. Terra is also a major player in DeFi, where its applications have a TVL of more than $ 17 billion.
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Best Ethereum Securities to Buy in December 2021 | Invezz