September 27, 2022

The expert spoke about the prospects of altcoins

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One of Trust Wallet’s experts, Joe Humphrey, spoke about the future of the cryptocurrency market and the prospects for leading altcoins. He noted that he is optimistic and sees no reason for a global panic, despite the situation that has developed around the industry in 2022. According to the analyst, things will change very soon.

Humphrey stressed that most likely, the leading smart contract platforms will be able to displace Bitcoin (BTC) and take a leading position in the sector in the coming years. However, this may take up to 10 years. He noted that despite the status of the very first cryptocurrency, Bitcoin is not able to fulfill all the needs and meet the needs of human society. The only global advantage is limited emission, but in the modern world this is no longer enough to remain a flagship.

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