These days it is necessary to research around new profitable options available in the market. Research and analysis are also important to invest smartly in cryptocurrencies. To guide you and your interest in Crypto Investments, we have listed the Top 10 Cryptocurrencies To Invest in 2021.
Are you planning Crypto Investments in 2021? With all the buzz around cryptocurrencies, right now, there are more than a thousand cryptocurrency options in the market. So, how can you make a smart choice? Don’t worry, this article is here to help you.
Top 10 Cryptocurrencies to Invest in 2021
Here are the top 10 cryptocurrencies that you can to Invest in 2021…
1. Bitcoin Cryptocurrency
Bitcoin is the king of all cryptocurrencies, it has the highest liquidity value among all other cryptocurrencies in the market. This cryptocurrency aims at becoming a fully decentralized currency, with no regulations. Despite the volatile nature of the cryptocurrency market, Bitcoin is the most stable option to choose for investment. While the title is synonymous with cryptocurrency, popularity, demand, and adoption of Bitcoin are presumed to grow manyfold in the upcoming years. The future of that is being shaped by businesses initiating acceptance of Bitcoins for payment.
2. Litecoin – Top 10 Cryptocurrencies
Litecoin comes 2nd on our list because of its liquidity value and market capital. Unlike Bitcoin’s 21 million quantity, This coin is limited to 84 million Crypto coins with a block reward of 12.5 LTC, higher than other cryptocurrencies. For Crypto miners, mining a Litecoin will be quicker than any other cryptocurrency as the average time for mining a Litecoin is just 2 minutes. The growing demand for Litecoins makes this the most suitable option to invest in.
3. Ethereum – Top 10 Cryptocurrencies
It was the first cryptocurrency that introduced smart contracts that enables developers to build mobile and desktop decentralized applications powered by blockchain technology. Ethereum has secured its position in the top 10 cryptocurrencies. This means Ethereum has a more solid chance of remaining stable, after Bitcoins.
4. Cardano – Top 10 Cryptocurrencies
This is an affordable cryptocurrency, since its beginning in 2015, it has become a tough performer in the market with its Ouroboros blockchain, which means possessing two blockchains instead of one. These two blockchains are used for managing general ordinary transactions and smart contracts. Here, one blockchain used to manage general ordinary transactions while the other is used to manage smart contracts. With this logic, Cardano has the ability to remain scalable and fast as 2 types of transactions is not going to slow it down. Another exciting fact about Cardano cryptocurrency is that most of the public who have invested in this currency are from Japan. Hence, Cardano is also recognised as the “Japanese Ethereum” because it practices the Proof of Stake algorithm which Ethereum cryptocurrency has been plotting to do for a long time now. Cardano almost hit the $30.7 billion market cap, in February 2021.
5. Binance Coin – Top 10 Cryptocurrencies
If you have either Bitcoins or Ethereums and you want to expand your portfolio, look no further than Binance Coin. The parent organisation, Binance, has a powerful business history that has generated a useful ‘utility token’. The price of Binance Coin originates from its usefulness and its demand in the market, which is for traders to practice Binance Coins to purchase other cryptocurrencies on Binance Exchange. Binance Exchange is one of the world’s fastest-developing cryptocurrency exchanges and with every transaction made on the platform using Binance Coins, it is only becoming more powerful.
6. Ripple – Cryptocurrency
Ripple is specified in this list because of its vision. Its vision is a little different from other cryptocurrencies on this list. Ripple is a venture-backed startup that is recognised to offer finance settlement assistance and services to banks in a way to facilitate transactions instantly across national borders. Over the years, Ripple has collaborated with big banks worldwide including the Bank of America. This makes it perfect for institutional Crypto investment instead of a personal one.
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7. Dogecoin – Top 10 Cryptocurrencies
Dogecoin has an amazing journey, first, Redditors spiked the price in early 2021. And then, Elon Musk declared himself the “Dogefather” promoting this coin further. In April this year, Dogecoin hit its all-time high price of $0.2917. After a constant growth further, Elon Musk’s SpaceX has now declared that it accepts this coin as a mode of payment.
8. TRON – Top 10 Cryptocurrency
Did you know TRON was really founded on Ethereum a few years back in 2017? Now, TRON has its own blockchain platform, Tron also uses the Proof of Stake algorithm to process transactions. At present, it is an independent cryptocurrency, Tron has a market capitalization of $4,406,488,234 which is presumed to rise. Compared to Ethereum, TRON hosts more decentralized applications, which is what is making it frequently popular.
9. Bitcoin Cash – Top 10 Cryptocurrencies
Bitcoin Cash, a peer-to-peer electronic currency that is supremely scalable. Speculations around the scalability of Bitcoin gave rise to Bitcoin Cash. It has a market cap of $8,993,553,011, one of the highest of many cryptos. With the name Bitcoin attached to its title, Bitcoin Cash is one of the most-eyed cryptos by big-time investors.
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10. Zcash – Top 10 Cryptocurrencies
Zcash can do what Bitcoin cannot. Its blockchain is designed differently. Bitcoin’s blockchain is transparent which makes tracking easier but Zcash has an option that can be used to only allows transaction tracking if the user wants them to be traced or tracked by someone. Zcash facilitates users with an option to hide their transactions. On Zcash users can add a layer of privacy to their transaction history. Currently, it is valued at $2,701,320,183 in the market. The experts predict that the price will drop to open an investment shutter. If you wish to diversify your portfolio, you can watch out for Zcash.