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5 BEST CRYPTOCURRENCIES FAVORABLE FOR INVESTMENT IN 2021
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- Bitcoin (BTC) Bitcoin has been around for the longest of any cryptocurrency. It’s easy to see why it’s the leader, with a price, market cap and volume that’s much higher than any other investment options.
- Ethereum (ETH) Ethereum is different from Bitcoin because it isn’t only a cryptocurrency. It’s also a network that allows developers to create their own cryptocurrency utilizing the Ethereum network.
- Binance Coin. Binance is one of the few cryptocurrencies to reach its peak after 2017. During that year, there was a bull market and the price of all cryptocurrencies rose on it, reaching a peak before plateauing and decreasing in value.
- Tether (USDT) Tether is the most stable of all cryptocurrencies because it is tied to the U.S. dollar. For each unit of Tether, there is one dollar in the Federal Reserve Bank.
- Cardano. The Cardano network has a smaller footprint, which is appealing to investors for several reasons. It takes less energy to complete a transaction with Cardano than with a larger network like Bitcoin.
- Polkadot (DOT) Polkadot was created by Ethereum leaders who broke away to form their own cryptocurrency with a better network. Instead of having a single “lane” to complete transactions in, Polkadot has several.
- Ripple (XRP) Ripple is the company that unveiled the XRP token and is enticing to investors because it sets itself apart from other cryptocurrencies by offering international transactions.
- Litecoin. Originally established in 2011, Litecoin hit the market at the same time as Bitcoin. However, it didn’t take off in the same way. Litecoin boasts completing transactions four times faster than Bitcoin.
- Chainlink. Chainlink is unique as a cryptocurrency because it has an appealing price. While the shares are affordable to buy, they’re also priced high enough to not be considered penny stocks.
- Stellar (XLM) Stellar’s Lumens, also known as XLM, was established to serve a niche need within the world of cryptocurrency. It’s essentially the PayPal of cryptocurrency networks, serving as a bridge between banks and blockchain networks.
CRYPTO’S BIG YEAR: THE FIVE BEST CRYPTO INVESTMENTS OF …
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