Crypto Mufasa
Advertise
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
  • Login
  • Register
  • Crypto News
    • General News
    • Bitcoin News
    • Altcoin News
    • Ethereum News
  • NFT NEWS
  • Beginner Guides
  • Price Predictions
  • Crypto Prices
No Result
View All Result
Crypto Mufasa
No Result
View All Result

Home » What altcoins to invest in in February

What altcoins to invest in in February

James by James
February 20, 2022
in Altcoin News
Reading Time: 2 mins read
A A
0
What altcoins to invest in in February
Share on FacebookShare on Twitter
ADVERTISEMENT

Against the backdrop of growing discussions about the regulation of cryptocurrencies in the Russian Federation, it is worth thinking about investing in green coins. Those that require a minimum of energy consumption during mining.

Cryptocurrencies that are mined on HDD are becoming more and more popular not only among miners and crypto enthusiasts but also among long-term investors. The top 3 most environmentally friendly and undervalued cryptocurrencies, according to hi-tech.mail.ru experts, are Chia (XCH), Signum (SIGNA) and Chives (CXC).

For investments in these altcoins, there are at least two fundamentally significant reasons to expect further growth in demand and value. Firstly, it is environmental friendliness, and secondly, it is high manufacturability, at least not inferior, and in some cases even ahead of bitcoin and Ethereum technologies. In addition, the current crypto market correction creates good entry points for long-term investments.

Andy Hecht, investment analyst at ETF Daily News notes that “In 2022, the growing segment of digital assets is likely to be very sensitive to environmental issues. Bitcoin mining, for example, is characterized by high energy costs. We can reasonably expect that in the coming months and years this asset class (combining over 16,100 different tokens) will move to a greener path.”

You May AlsoLike

Election-Themed Meme Coins Experience Price Surge Ahead of U.S. Presidential Vote

Election-Themed Meme Coins Experience Price Surge Ahead of U.S. Presidential Vote

November 4, 2024
$BC token launch

$BC Token Launch and 1 Billion $BC Airdrop: A New Era for BC.Game

November 1, 2024

Among others, 3 eco-friendly altcoins got into the TOP, which is worth taking a closer look at as the most promising for investments in February.

For example, Chia uses only 0.16% of Bitcoin’s annual energy consumption. The project has an eminent development team, a solid rear of investors, and promising partnerships. Now the coin is clearly oversold, and its current price is below its potential. However, partnerships concluded with the World Bank and the government of the state of Costa Rica are likely to spur its growth.

SIGNA (formerly Burst) is perhaps the most undervalued cryptocurrency among the trio. Mining Signa requires less than 0.002% of the energy required by Bitcoin. It was the first cryptocurrency to be mined on HDD since 2014. In 2021, a new development team took over the development and promotion of the project. Already by February 6, the Signum team announced the release of a platform for creating NFTs. Also in February, an already signed listing on the Top Exchange is expected, the details of the transaction have not yet been disclosed.

The Chinese team is actively developing a platform for creating CAT standard tokens, which will allow anyone to create their own tokens, even without programming knowledge. It also prepares its own NFT projects for release. And the Chives network has less difficult mining compared to Chia. The power consumption of Chives is the same as that of Chia.

I want to remind you that this review is not a trading recommendation, and investing in cryptocurrencies is risky, so do not forget about portfolio diversification, do not use leverage and do not go short.

Tags: altcoinsaltcoins investwhich altcoins
Share76Tweet47
ADVERTISEMENT
Previous Post

Satoshi Herald #16: Biggest DeFi Hack, Binance Crypto Card, and Solana Pay Launch

Next Post

Hackers Hacked the Wormhole DeFi Platform and Stole $325 of Cryptocurrencymillion

James

James

James is a 33-year-old cryptocurrency enthusiast who has been involved in the industry since 2017. He has always been a keen follower of the crypto space and has experience in trading and mining cryptocurrencies. Since then, James has also written numerous articles on the subject and is passionate about sharing his knowledge and insights with others.

Related Posts

Election-Themed Meme Coins Experience Price Surge Ahead of U.S. Presidential Vote
Altcoin News

Election-Themed Meme Coins Experience Price Surge Ahead of U.S. Presidential Vote

November 4, 2024
$BC token launch
Altcoin News

$BC Token Launch and 1 Billion $BC Airdrop: A New Era for BC.Game

November 1, 2024
Why Chris Larsen's XRP Donation to Kamala Harris Matters
Altcoin News

Ripple Co-Founder Chris Larsen Backs Kamala Harris with $10M XRP Donation

October 23, 2024
Ripple Custody Growth
Altcoin News

Ripple Custody Unveils New Features to Boost Growth

October 10, 2024
Ethereum ICO Whale Offloads 19,000 ETH Worth $47M
Altcoin News

Ethereum ICO Whale Offloads 19,000 ETH Worth $47M Amid Market Uncertainty

October 4, 2024
Ripple secures approval for Dubai expansion
Altcoin News

Ripple Secures Approval For Dubai Expansion

October 3, 2024
Next Post
Hackers Hacked the Wormhole DeFi Platform and Stole $325 of Cryptocurrencymillion

Hackers Hacked the Wormhole DeFi Platform and Stole $325 of Cryptocurrencymillion

Discussion about this post

Live Prices

Stay Connected

You May Also Like

  • MetaMask Ethereum Wallet Expands Support for Both Bitcoin and Solana

    MetaMask Ethereum Wallet Expands Support for Both Bitcoin and Solana

    196 shares
    Share 78 Tweet 49
  • Why the Bitcoin Halving Is Happening Sooner Than Anticipated

    236 shares
    Share 94 Tweet 59
  • Solana Futures Launch at CME Boosts Price Amid High Demand

    191 shares
    Share 76 Tweet 48
  • Cardano (ADA) Staking Now enabled by Trust Wallet

    190 shares
    Share 76 Tweet 48
  • March 2025 Polymarket Bets Boom for Bitcoin, XRP, ETH, AI, and DOGE – The Future of Cryptocurrency Trading!

    195 shares
    Share 78 Tweet 49
  • About Us
  • Contact Us
  • Work With Us
  • Privacy Policy
  • Terms Of Service

© 2022-2024 CryptoMufasa - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms Of Services and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Price Predictions
  • Google News

© 2022-2024 CryptoMufasa - All Rights Reserved!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Don’t Miss Out on the Best in Crypto!

Stay ahead with a weekly digest of the top news and insights—no spam, no ads, just the essential updates delivered straight to your inbox. Subscribe now for valuable content you can trust!

johnsmith@example.com
subscribe to email

Never see this message again.