Should You Forget Bitcoin and Buy Cardano Instead?
Is this smaller altcoin a viable alternative to the world's top cryptocurrency?
Bitcoin's (CRYPTO: BTC) price soared nearly 290% over the past two years. That rally was driven by the approvals of its first spot-price ETFs last January, its halving (which reduces its mining rewards) last April, expectations for lower interest rates, and the Trump administration's crypto-friendly policies. The world's top cryptocurrency also gained traction among institutional investors as an alternative to gold, silver, and other precious metals.
Bitcoin could still have plenty of room to grow over the next few years, but investors who are looking for bigger gains might check out some of the market's smaller cryptocurrencies. Could Cardano (CRYPTO: ADA), which has minted plenty of millionaires since its market debut eight years ago, actually be a better buy than Bitcoin right now?
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