10 Best Cryptocurrency to Invest in 2021

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10 Best Cryptocurrency to Invest in 2021

All investors know that now is the best moment to invest in bitcoin, whether they are common or unusual, large or little, retail or institutional. Here are the top cryptocurrencies to invest in  2021 if you want to take advantage of the chance and establish a healthy financial portfolio.

10 Best Cryptocurrency to Invest in 2021

1. Bitcoin (BTC)

Bitcoin has become a timeless asset for cryptocurrency traders in the present, past, and future. You can bet on bitcoin regardless of which cryptocurrency trading instrument you choose. Bitcoin is already in the midst of a bull run. It has been steadily increasing in value.

Its value has been rising rapidly over the last year. It was unaffected by the COVID-19-led economic crisis. Tesla’s recent USD1.5 billion investment has boosted it to new levels.

2. Ethereum (ETH)

Ethereum is the second most popular cryptocurrency to purchase and sell due to its consistency over the last year. At the current ETH price of USD1825, you can obtain about 29 times more ETH than BTC for the same deposit. Ethereum, whether for the long or short term, could be a wise investment.

It currently has a market capitalization of $209,443,778,508 USD and a circulating supply of 114,977,310 ETH coins. What guarantees the Ethereum network’s security? The Ethash proof-of-work algorithm, which is derived from the Keccak family of hash functions, is used to secure Ethereum.

3. Binance Coin (BNB)

BNB was not even in the top 10 cryptocurrency coins until January 2021. Since then, the value of the Binance coin has increased by about six-fold. Considering the cryptocurrency’s age, this shouldn’t come as a surprise.

In 2017, 11 days before the Binance cryptocurrency exchange went live, BNB was released through an initial coin offering. Given the current Binance coin value of $272.44 USD, which is over 20 times lower than BTC, it’s easy to assume that having more BNB will make you wealthier if the price rises further.

4. Cardano

Cardano has grown in popularity among cryptocurrency traders in just four years from its launch (in 2017), with a market value of USD 37,939,127,099. Its value has increased rapidly over the last year, from USD0.17 to USD1.20, over sixfold.

What does it require to secure Cardano? Its security is ensured by the Ouroboros PoS protocol, which is described as “environmentally sustainable and verifiably secure.” It is distributed using a PoW consensus process that consumes significantly less power.

5. Tether (USDT)

Tether is a stablecoin, which is a new type of cryptocurrency. Its value is set at one dollar. It attempts to maintain a constant valuation, in contrast to the volatility of other cryptocurrency coins such as BTC. This attribute makes it a preferred medium of exchange, similar to the US dollar or any other fiat money, as well as a mode of value storage, rather than a mechanism for speculative investments.

According to the Wall Street Journal, Tether accounts for 80 % of all bitcoin trade, according to CryptoCompare data, and the stablecoin is a major source of liquidity for the cryptocurrency market.

6. Polkadot (DOT)

Polkadot has amazing growth since December 2020. It has increased by about sevenfold. The DOT cryptocurrency is an unique proof-of-stake cryptocurrency. It was created with the goal of providing interoperability between different blockchains. It connects permissioned and permissionless blockchains, as well as oracles, to make it possible for systems to collaborate under one roof. It is currently worth USD36.

The relay chain facilitates the interoperability of various networks. For specific use scenarios, it also allows for “parachains,” or alternative blockchains with their own native currency.

7. XRP

Wise investors get the most out of their limited resources. As a result, don’t dismiss XRP trading because of its current low value (USD0.48). The underlying XRP Ledger’s usefulness in mainstream banking and supply chains for real-time gross settlement has boosted its adoption, and its value is anticipated to reach new highs in the near future.

XRP is based on the RippleNet platform, which is constructed on top of the XRP Ledger distributed ledger. While RippleNet is operated by Ripple, the XRP Ledger is open-source and not based on blockchain, but rather on the previously described distributed ledger database.

8. Uniswap (UNI)

Uniswap is ranked #8, although its perseverance in the face of the COVID-19-led economic crisis is remarkable. Since its inception in September 2020, this is the only cryptocurrency that hasn’t experienced a drop in value. It is an excellent alternative for all types of investors – beginners and advanced – with its current value of USD 33.42.

9. Litecoin (LTC)

Litecoin’s market valuation and circulating supply have been rising rapidly, making it a viable investment option. It is currently valued at USD198.89. Since 2014, it has never disappointed its investors.

The core technology of BTC and LTC is fundamentally different. A hashing algorithm, a hard cap, block transaction times, and a few more factors are all used. Litecoin’s block time is only 2.5 minutes, and transaction fees are extremely low.

10. Chainlink (LINK)

The fundamental technology of Chainlink (LINK) is based on a decentralized oracle network that tries to integrate smart contracts with data from the real world. It was created by Sergey Nazarov and Steve Ellis and debuted in September 2017 via an ICO. With a total quantity of 1 billion LINK tokens, it raised USD32 million.

10 Best Cryptocurrency to Invest in 2021

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Which is the best Cryptocurrency to Invest in 2021?

1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Binance Coin (BNB)
4. Cardano
5. Tether (USDT)
6. Polkadot (DOT)
7. XRP
8. Uniswap (UNI)
9. Litecoin (LTC)
10. Chainlink (LINK)

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