CNN: Beyond Bitcoin: Altcoins are Super Popular

June 16, 2021

Press & Publications

Written by: Algorand Foundation

The CNN Business article highlights the rise of various cryptocurrencies beyond Bitcoin and Ethereum, mentioning Algorand for its eco-friendly approach compared to Bitcoin, thanks to its proof-of-stake system, which is less energy-intensive than traditional mining. This makes Algorand an attractive option for investors looking for sustainable cryptocurrencies. Greg King of Osprey Funds and Michael Sikorsky of Copia Wealth Studios both emphasize Algorand’s potential and its role in a diverse crypto ecosystem, contrasting it with energy-heavy alternatives. They see Algorand and similar altcoins as promising investments amid the growing digital asset class.

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