Top 5 Best Cryptocurrency To Invest In 2021
Many people search for the best cryptocurrency to invest in 2021 because of the rising cryptocurrency trend worldwide. Cryptocurrencies have seen their massive boom in late 2017, which has now attracted a lot of spotlights. Investors are now eyeing the top cryptocurrencies to add a particular mix to their portfolios. We have listed down a few cryptocurrencies that you can invest in this year.
With a Market Capitalization of $316 billion, Ether stands as the second-largest cryptocurrency created during 2015. The Ethereum Blockchain works over the smart contracts that let decentralized applications like the popular decentralized finance services (Defi). While the investors look at the bitcoins just as they see gold, Ethereum’s feature allows a far higher number of public blockchain transactions. Ether has the current value in USD of – $3,376.34.
Binance Coin (BNB):
With a Market Capitalization of $90.9 Billion, this is the third biggest cryptocurrency launched in the year 2017. The coin is from the Binance Exchange and the new ecosystem that the company is developing – Binance Smart Chain. Being one of the biggest in the world, the company is aiming to be the primary infrastructure service provider for the whole blockchain ecosystem. Binance coin’s current value is USD- $500.
Solana is one of the super-fast growing DeFi ecosystems, and it has now become a native cryptocurrency coin that saw its value peak in the last month launched in March 2020. It has managed to be the 14th largest cryptocurrency in a short span having a Marketing Capitalization of $11.19 Billion. The Proof-of-History algorithm which it uses has the most speeds of transactions. As compared to above mentioned Ether, Solana offers low transaction fees for its traders. Solana offers lower transaction fees. Solana has the coin’s current value in USD of $47.07.
Dogecoin is one of the cheapest cryptocurrencies to buy during 2021. It may also be the best cryptocurrency to invest in in 2021. Thanks to Elon Musk calling himself the Dodgemaster, this coin has been spotlighted after the dodgy history. Created back in 2013 as the meme coin, nobody thought of this coin to be legit, let alone get included in the top lists of cryptocurrencies. The price then spiked from $0.007635 to the all-time high of $0.074398 in less than around two weeks. All this came right after the GameStop incident and Elon Musk’s tweets. Its current coin value in USD is $0.4392.
Cardano is now projecting a very promising potential growth. The coin has now surpassed its value of $0.182 in January to $1.45 during February. And hence it has become the most affordable cryptocurrency to invest in. The main reason behind this price hike is the very recent update that brought the strength to create the intelligent contractors that let developers start working over dApps, most new cryptocurrencies, and the DeFi sector.
This coin also boasts its cheap transactions and a strong development team taking this project to complete decentralization. Its value in USD is $1.62.
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