Here is a list of top 5 cryptocurrencies to consider investing in 2021
If you are planning to invest in cryptocurrency, here are some options.
The cryptocurrency has surged in 2021 to a record high amid rising interest from institutional, corporate, and, more recently, retail investors.
According to a report published by JPMorgan strategists, digital currency has emerged as a competitor to gold. It could trade as high as $146,000 if it becomes stabilized as a safe-haven asset.
If you are planning to invest in cryptocurrency, here are some options:
XPR is the third biggest cryptocurrency by market value. It is a decentralized blockchain technology that can settle transactions in 3-5 seconds.
Ripple had soared in November of 2020 and hit its highest level since 2018.
The coin offers a low exchange rate and immediate validation for your transactions.
It is the best time to invest in Ripple due to its low and affordable price compared to other coins currently available in the market.
ETH is the second most popular blockchain in the cryptocurrency after Bitcoin. In recent months its price has increased; it now costs $1,078.13 as of 13/1/2021.
The success of Ethereum can be credited to its decentralized finance system. It supports smart contracts and provides for decentralized mobile applications.
Litecoin was an early bitcoin spinoff. It is a cryptocurrency that allows instant transactions to anyone in the world.
It has a significant number of followers. The price of Litecoin is 138.21 dollars, as of 13/1/2021.
Litecoin offers a higher block reward than other rivals and is very fast. A block can be mined in only two minutes.
Basic Attention Token (BAT)
BAT is the favorite coin of web developers, content writers, PR and marketing people, and IT professionals.
The cryptocurrency eliminates the middlemen from the publicity process and instead rewards the users for watching ads.
The platform currently has more than 22 million monthly active users and 7.4 million daily active users.
The world’s most popular cryptocurrency, Bitcoin, has climbed as high as $40,402.46 and was last up 6.1 percent at $39,100. It crossed the $30,000 mark for the first time on the 2nd of January, 2021, and $20,000 on the 16th of December 2020.
Interest in the world’s largest cryptocurrency soared last year, with investors seeing bitcoin as a hedge against inflation.
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