The best cryptocurrencies to invest in 2021: BTC, ETH, XRP, XLM and more

What is the best cryptocurrency?The boldest investors can buy new cryptocurrencies at the ICO or shortly after, following the example that many bitcoin millionaires set today. However, there may never be a "next bitcoin", and estimates indicate that 1,000 cryptocurrencies have disappeared into the digital ether indicate risks for early investors. Take a look at the coins that made the list.1. Bitcoin (BTC)Bitcoin was the father of all cryptocurrencies and is the first and most popular cryptocurrency on the market. It also benefits from the higher market capitalization and is among the most traded cryptocurrencies, ensuring short-term liquidity. Bitcoin is king when it comes to retail adoption, leading all other cryptocurrencies in terms of acceptance as a payment method.

Dramatically below its all-time high of over $ 20,000 per Bitcoin, BTC may have plenty of room to grow despite the increasingly crowded field of competitors.2. Ethereum (ETH)As the currency and platform that has made "smart contracts" part of the vocabulary of the cryptocurrency market, Ethereum has seen massive gains since its introduction in 2015. Currently, after only Bitcoin in terms of market capitalization, Ethereum is has become one of the most discussed cryptocurrencies. large-scale projects around the world.

A consortium of some of the biggest names in the business, including Microsoft, Intel, Chase, and J.P. Morgan, has created commercial versions of the software that runs Ethereum. With the market momentum and enthusiasm behind the Ethereum project, there is no reason to believe that Ethereum has run its course and investors should consider Ethereum part of their cryptocurrency wallet.3. Ripple (XRP)Ripple deviates from many cryptocurrency competitors in various ways. Ripple is an invention of Ripple Labs, and the Ripple token is used for high-speed, low-cost money transfers around the world.

Ripple Labs announced a number of partnerships with major money transfer services, and more partnerships are expected in financial markets in the future.

Unlike many cryptocurrencies that are traded with hopes and dreams, Ripple is used in the real world today, showing signs of future adoption within the financial market community. Ripple increased in value by more than 36,000% in 2017, but similar gains may not occur in the future.4. EOS (EOS)Another smart contract cryptocurrency like Ethereum that is gaining popularity is EOS. EOS is credited with being the first blockchain operating system, offering decentralized applications that live on blockchain and parallel processing, allowing for faster transaction speeds and better scalability than some competitors. Transactions on the EOS network are free.

Many competitors, including Ethereum, have transaction fees for converting coins or tokens from one wallet address to another. EOS concluded its one-year ICO in May of this year, raising a total of $ 4 billion. The ICO has been going on for the longest time in an effort to create a regulated market for EOS without the massive surge and sudden crash common to cryptocurrencies at launch.

EOS performance is consistent to date, with less fluctuation than seen with some competitors. Enthusiasm for the project remains high, and EOS is one of the most traded cryptocurrencies on exchanges.5. Bitcoin Cash (BCH)Bitcoin Cash, the fork of the original Bitcoin project, is something to watch out for as it is the fourth largest cryptocurrency by market capitalization.

If you are forced to direct cash to Bitcoin in its current form, slow transaction speeds are among your main challenges.

Bitcoin Cash was developed using modified code from the Bitcoin Project that allowed for larger block sizes, faster transaction times, and better scalability.

Although not widely accepted or known as Bitcoin, Bitcoin Cash remains a promising alternative to Bitcoin with an enthusiastic market following it.6. Litecoin (LTC)Litecoin is now accepted as a payment method on Overstock.com, and it may have a bright future too. Long-term investors in LTC were rewarded with returns of up to 20 times, although a strong rally in late December 2017 sent the price of LTC to more than $ 350.

Litecoin is now trading at around $ 84 USD and despite signs of consolidation, it is still actively traded and is always a top 10 cryptocurrency when measured by market capitalization. Litecoin boasts a faster transaction time than Bitcoin, largely because it uses a different type of algorithm to add transactions to the blockchain. Accelerating transactions also improves scalability.read more...https://business2business.co.in/article/2785/best-cryptocurrencies-to-invest-in-for-2021

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