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One of the most popular cryptocurrencies in the world, Ethereum (CRYPTO: ETH) has created huge wealth for long-term investors. Ethereum is the second largest cryptocurrency in the world with a market capitalization of US $ 478 billion. The price of ETH tokens has risen from just $ 0.75 in August 2015 to $ 3,900 at the time of writing. In fact, digital tokens reached a record high of US $ 4,890 in November 2021.
However, another recently launched cryptocurrency is gaining momentum and should be at the top of the 2022 shopping list. VLaunch Introduced last week, the digital token, called VPAD, has increased its market value by 33% in the last 24 hours, according to data from CoinMarketCap.
Let’s see if VLaunch can surpass Ethereum in the next 12 months.
VLaunch Bull Case
Blockchain influencers MMCrypto and CryptoMo have launched the Metaverse-focused product VLaunch blockchain. VLaunch allows individuals around the world to invest in Tier 1 projects backed by leading cryptocurrency leaders.
Exponential growth in trends across industries such as NFT (Non-Fungible Tokens) and DeFi (Decentralized Finance) has launched products and networks backed by multiple blockchains over the last two years.
Most players in this area are also looking to launch a crypto project aggregator called Launchpad. Basically, the blockchain community can discover early-stage crypto projects through the Ranchpad. Lunchpads are leveraged to onboard the user base and promote new ventures through early distributed offerings (IDOs).
VLaunch isn’t limited to a specific blockchain, but it can support projects from different networks, so you can centralize high-quality projects from all chains into a single lunchpad. Another unique suggestion for VLaunch is that the network is built and supported by a sort reader. This has the potential to enable project exposure, accurate marketing strategies, and broader distribution.
VLaunch’s allocation allocation system ensures that the number of IDO participants and supporters is as high as possible. This lowers staking requirements.
The VLaunch blockchain network is backed by several investors, including Metaverse Capital, Altcoin Daily and CryptoLark.
Ethereum Bull Case
Ethereum has increased by more than 400% in 2021 and more than 50,000% over the last five years, easily outperforming returns in other asset classes, including equities and commodities. Ethereum blockchains are becoming more popular because networks can run smart contracts on that platform.
Over US $ 9 billion of NFT transactions were executed on the Ethereum blockchain during the four months from August to November. In addition, the number of DeFi transactions completed on Ethereum is set to soon exceed US $ 100 billion.
Ethereum turns out to be the safest bet for crypto investors looking to leverage the innovations and utilities of DeFi space. The network already occupies a dominant position in DeFi and offers the best risk / reward profile compared to most other digital assets.
Given the huge market capitalization, it may be difficult for Ethereum to recreate past profits. Although VLaunch is a much smaller player, VPAD tokens are poised to generate significant profits for long-term investors compared to Ethereum.