Best Cryptocurrency To Invest In 2021Date: 2021-07-08
This blog post will help you decide the best cryptocurrency to invest in 2021. We'll discuss the best altcoins, best cryptocurrencies with a good ROI, and best upcoming cryptocurrencies. The best cryptocurrency to invest in is a matter of personal preference, but this blog post will help you understand what the best options are for your needs!
1.- Bitcoin (BTC) Market cap: Over $641 billion
The 2008 financial crisis had a devastating effect on the economy and people lost faith in traditional forms of currency. However, even with this economic downturn, there were still many who wanted to own their money without relying on banks or other institutions for transactions. In 2009, the cryptocurrency Bitcoin was born. Its original creator is unknown and it runs on a ledger of thousands of computers distributed across networks to keep transactions safe from fraudsters.
Bitcoin was an alternative form of currency that was decentralized from any central authority which meant it didn’t rely solely on one single institution (such as governments). The blockchain system is what enables these anonymous users to make exchanges securely while also being able to provide proof-of-authenticity when necessary—allowing them to keep ownership over their funds at all times.
This is the rise of bitcoin. From being worth about 500 bucks just 5 years ago to costing over 32k as we speak, this cryptocurrency has seen some serious growth! And it doesn’t look like that will be slowing down anytime soon either - with a 6300% increase in price from 2013-2017 so far and an average daily trading volume exceeding $8 billion dollars for 2018 alone.
2.- Ethereum (ETH) Market cap: Over $307 billion
For those who may not know, Ethereum is a cryptocurrency and also the base platform for many decentralized applications. Many programmers enjoy using it because of its potential to scale with growth in usage; so-called smart contracts automatically execute when conditions are met, while non-fungible tokens make digital assets more unique allowing them to be used as shares or collectibles on blockchain networks like Decentraland's Marketplace. Also thanks to its incredible success. Ethereum has gone from around $11 five years ago to over 2,500 today!
3.- Tether (USDT) Market cap: Over $62 billion
I’ve been thinking about investing in cryptocurrencies, but I don't know if I'm up for the risk. The Tether stable coin is supposed to be a safer bet because it's backed by U.S. dollars and other fiat currencies like Euros so its value doesn't fluctuate as much as those of other coins -- which could also mean that this coin might not grow into something crazy successful someday either!
I've been considering getting involved with cryptocurrency investment these days, but frankly, there are too many risks associated that have me worried--and at times even scared off from trying at all altogether; granted my hesitance may just come down to being overly cautious rather than sensible or pragmatic after all (it can happen). One potential way to avoid these risks would be by investing in new and emerging stable coins like Tether.
4.- Binance Coin (BNB) Market cap: Over $56 billion
The Binance Coin is one of the most interesting cryptocurrencies in today's market. It was originally created to help trade on a platform with no transaction fees and now has expanded into many more different kinds of services like travel booking! The coin can be traded, exchanged for other currencies, or bought at an affordable price. The cryptocurrency had virtually no value when it first launched but by 2021 it's worth had risen 350000% to over $350 - you won't want to miss out!.
5.- Uniswap (UNI) Market cap: Over $13 billion
Uniswap is a decentralized crypto exchange powered by Ethereum. This means there’s no central facilitator, like a bank or broker-dealer; instead, it uses smart contracts and pooled user resources to trade tokens on the platform.
The Uniswap codebase is open source so anyone can take part in developing their own exchanges - including you! Launched in 2020 at $0.48 per unit of BTC (the base currency), its price has skyrocketed over recent months with an influx of new investors rushing to get involved before regulation kicks into full effect later this year when all countries are expecting Bitcoin to become regulated as traditional assets under international law which will likely see prices plummeting again for some time until they stabilize themselves once more.
6.- Cardano (ADA) Market cap: Over $51 billion
Cardano’s ADA token has had relatively modest growth compared to others, Cardano's price was $0.02. As of June 2021, its price is at $1.50 which is an increase of 7,400% in the short time it's been around since launch. Cardano is a crypto platform that uses proof-of-stake validation to decrease energy usage and environmental impact. Cardano also works like Ethereum by enabling smart contracts and decentralized applications, which are powered by ADA, the token of choice for investors looking to get in on this new technology now before it takes off!
7.- Polkadot (DOT) Market cap: Over $21 billion
A new cryptocurrency is making waves in the crypto world. Called Polkadot, it has risen 615% since its launch date of 2020 and continues to attract investors both old and young looking for a good investment opportunity. It aims at integrating blockchains by creating one that links them all together so they can work better with each other while maintaining their individual identities as well. Polkadot, the world’s first blockchain network that connects different blockchains together to work as one united system. From September 2020 through June 2021 it's worth grew 615%, from $2.93 up to over $20 per token!
8.- XRP (XRP) Market cap: Over $40 billion
The founders of Ripple created XRP to be a quick and secure way for people all around the world to exchange currency. And it's not just money - they've also made sure that it can work with other currencies, like Bitcoin! As you might have guessed from its name, one thing this cryptocurrency is great at is exchanging different types of cash without too much hassle.
For example: if I want some USD but only own Euros or Yen? No problem; as long as somebody else wants my Euro/Yen in return then we're set because our two transactions are going down simultaneously on their network! XRP can be used on that network to facilitate exchanges of different currency types. In 2017 it was worth just $0.006 but has since skyrocketed up to about $0.92 in 2021--a whopping increase to 15233%.
9.- Dogecoin (DOGE) Market cap: Over $44 billion
Dogecoin had a rough upbringing. In 2013 it was just some dumb meme, but in the early, they were turning into something pretty special when people started to take them seriously again and look at ways for more widespread adoption. It's not as popular or talked about now because of Bitcoin—although who knows what will happen next with all these crazy forks but who cares? They're still awesome!
Dogecoins are like hotcakes right now - thanks to celebrities, billionaires, and Doge himself making appearances on Instagram constantly there is no shortage of exposure which means their price has skyrocketed since 2017 from $0.0002 up past $0.32 by June 2021 – that a 159,900% increase.
10.- USD Coin (USDC) Market cap: Over $23 billion
Imagine the peace of mind that comes with knowing your money is always protected and stable. USD Coin, or USDC for short, is a cryptocurrency backed by U.S dollars - $1 to 1USDC ratio guaranteed! You can use this currency anywhere in the world as it's powered through decentralized Ethereum network technology so you don't need an account at any traditional bank ever again! The USDC is the perfect way to send money around the world without high exchange rates or fees.
I hope this post helps you decide the best cryptocurrencies worth investing in 2021, we review some new crypto coins too with a great future that worth keeping an eye for.