There’s a lot of discussion in the crypto world right now about whether Bitcoin is finished or not. As the biggest and first crypto to go mainstream, Bitcoin has often been a bell-weather indicator for the crypto scene, and it still gets the most attention and press by a huge margin. Many are saying that Bitcoin isn’t really the future of digital finance, it might have been the first—but it isn’t the best. These Bitcoin bears say that real usability and a range of other issues associated with Bitcoin have been solved by other crypto projects, and that Bitcoin will not be the biggest player in town for the next generation of the crypto boom.

Whether this is the case or not, remains to be seen. And it’s crucial to remember that while there are plenty of people saying it’s over for Bitcoin—there’s also plenty arguing the complete opposite. People still talk of a $100k Bitcoin, and think the industry giant is here to stay. While we think there’ll always be a place for BTC in portfolios, it isn’t necessarily the best project in crypto right now.

And it’s also important to look at other coins that have had some success recently. While much of the crypto market moves with BTC (some coins either move up or down with BTC), some have really been showing their strength in recent weeks by continuing to perform well despite BTC’s own struggles. These coins are perfectly poised to be part of crypto’s move into a new generation and a brighter future. They don’t rely on Bitcoin, they thrive despite it. And they are the future of crypto.

Gnox (GNOX)

Gnox has surged over 60% in recent weeks, despite Bitcoin’s struggles. This is one coin that certainly doesn’t need the overall market to be in good shape. And it’s also the perfect option for those who want real passive income returns from their crypto holdings without having to worry about things like staking. With Gnox, everything is taken care of on behalf of holders, they just get real passive income thanks to Yield Farming as a Service. And it’s in the perfect position to help revolutionalize investment opportunities for those regular investors who might previously have been reluctant to get involved in DeFi.

Solana (SOL)

As the crypto scene moves forward, it needs crypto projects that answer some of the issues that have plagued bigger projects like Ethereum and Bitcoin. And one of these issues is speed. To become truly usable, transactions need to be faster. And that’s why Solana could be the perfect answer. It’s the fastest blockchain ecosystem around and is already home to tons of projects. Industry experts expect Solana will become an even more important part of the crypto ecosystem in the future, so it could be the perfect investment right now.

Shiba Inu (SHIB)

Shiba has also been getting plenty of attention recently. Users can now enjoy passive earnings with their SHIB tokens. There have also been an increase in token burns to help reduce supply. Some experts are predicting that SHIBA could have an even brighter future than Bitcoin and has the potential to pump in price once more.

We think GNOX, SOL and SHIB could all be great additions to your portfolio. They’ve all got the potential to go onto bigger things than Bitcoin.

Find Out More Here:

Join Presale: https://presale.gnox.io/register
Website: https://Gnox.io
Telegram: https://t.me/gnoxfinancial
Discord: https://discord.com/invite/mnWbweQRJB
Twitter: https://twitter.com/gnox_io

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Avalanche (CRYPTO: AVAX)  project founder and Ava Labs CEO Emin Gün Sirer said on Sunday that the cryptocurrency will “address lesser engineering problems without batting an eyelid,” taking a dig at Ethereum’s (CRYPTO: ETH) congestion.

What Happened: Gün Sirer made his comments in response to a tweet by Horizon Blockchain Games Product Director Philippe Castonguay. 

Castonguay said on Twitter that Avalanche blocks “will be full as well” and that it was no secret that all chains will “eventually be full if they get adopted and anyone telling you otherwise is lying.”

Gün Sirer said in response that he keeps hearing that some day “Avalanche will be as slow as Ethereum.”   

 

I keep hearing this: “but but but some day Avalanche will be as slow as Ethereum.”

No. Avalanche brought us the biggest breakthroughs in consensus and bridging. We will address lesser engineering problems without batting an eyelid. https://t.co/jtqpjCurb5

— Emin Gün Sirer (@el33th4xor) November 21, 2021

The Avalanche founder’s tweets caught the attention of Ethereum core developer Péter Szilágyi. He asked Gün Sirer why Avalanche uses the Ethereum team’s code.

I’m sorry our team whose code you use is unable to solve the lesser engineering problems. Unfortunately it seems we’re just not good enough. Though then why use our code?

— Péter Szilágyi (karalabe.eth) (@peter_szilagyi) November 21, 2021

Gün Sirer replied saying he respected Szilágyi and his work which he said were “without equal” but said scalability problems require a holistic approach. Szilágyi told Gün Sirer in a reply that being told that scaling is a “lesser engineering problem” is over the spirit of open-source software.

Sure, but being told from one side that Eth devs are jerking off doing nothing and from another side that scaling is a lesser engineering problem is way over the spirit of OSS. This is flat out throwing mud of people whose code they use. I’d expected better from @el33th4xor.

— Péter Szilágyi (karalabe.eth) (@peter_szilagyi) November 21, 2021

See Also: How To Buy Avalanche (AVAX)

Why It Matters: Earlier on Sunday, Avalanche flipped meme cryptocurrency Dogecoin (CRYPTO: DOGE) to emerge as the tenth cryptocurrency by market capitalization.

At press time, AVAX had a market cap of $30.04 billion, while DOGE had a market cap of $29.48 billion, putting them at the tenth and eleventh spots, respectively, as per CoinMarketCap data.

AVAX was also head of DOGE-rival Shiba Inu (CRYPTO: SHIB), which has a market cap of $24 billion and is the twelfth-largest cryptocurrency by market capitalization.

AVAX hit an all-time high of $146.22 on Sunday and at press time traded 8.01% below that level. So far in 2021, it has soared 3621.42%.

Over 24 hours, Avalanche rose 6.02% to $136.80, DOGE fell 2.84% to $0.2231, while SHIB declined 5.51% to $0.00004377.

Avalanche is often dubbed as an “Ethereum-killer.” Its fortunes have been buoyed by congestion and rising transaction fees on Ethereum’s network as the popularity of decentralized finance or DeFi and non fungible tokens or NFTs soar.

At press time, the average Ethereum transaction fee was $38.10, while last year on the same date it was $2.317, as per Bitinfocharts data. The gas fee has risen a whopping 1544.37% in the one-year interval.

Meanwhile, the fastest transactions on the Avalanche network require a gas fee of $0.095, as per Cointool.

Read Next: Bitcoin Dip Excites Investors, Trader Sees Ethereum Headed To $10K, Dogecoin and Shiba Inu Struggle

There’s a growing saga building in the crypto world. Today, investors in high-profile cryptocurrency Dogecoin (CCC:DOGE-USD) and early investors/developers of the Dogecoin 2.0 (CCC:DOGE2-USD) crypto are standing at an impasse.

The events that have unfolded this past month have brought intense interest to the original pup-themed meme coin. However, most of the news surrounding the implementation of the new Dogecoin 2.0 project has been bearish for DOGE investors. Since mid-August, DOGE tokens have trended slightly lower as most cryptocurrencies have been on a tear.

Indeed, indications are that Dogecoin was gaining momentum around mid-August. The cryptocurrency announced that the Dogecoin Foundation, a non-profit aimed at developing this meme coin, had been re-established. A Dogecoin manifesto, and a slough of prominent advisors, were brought in as part of this revitalization effort.

However, in recent weeks, DOGE investors appear to have become preoccupied with the rise of Dogecoin 2.0. Sharing the same name as the original meme coin, investors seemingly have begun to take a hard look at this new kid on the block. Although, the crypto space is so fast-moving, there’s always a new kid on the block.

Let’s take a look at what’s been going on between DOGE and its 2.0 counterpart of late.

Dogecoin vs. Dogecoin 2.0: Who Will Prevail?

Yesterday, enthusiasts of the original dog-themed crypto saw a formal statement from the Dogecoin community regarding the Dogecoin 2.0 crypto project. In this statement, Dogecoin sought to distance itself from this seemingly upgraded version of itself.

The statement advised investors that Dogecoin 2.0 has no relationship with Dogecoin. Accordingly, the DOGE community is seeking legal protection to “protect the Dogecoin name from possible misuse.”

As expected, Dogecoin 2.0 folks have responded. Today, in a project statement, the Dogecoin 2.0 defended their right to fulfill their mission. The Dogecoin 2.0 folks believe they are being unjustly targeted and have set a meeting with their lawyer tomorrow to “review all options.”

Sounds like this battle is only heating up.

Indeed, given the other various legal battles going on in the crypto world, including with high-profile platform Ripple (CCC:XRP-USD) and its XRP token, there’s no shortage of drama for investors to watch today.

On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.