We all know some popular Cryptocurrencies in 2021, including Bitcoin, Ethereum, Dogecoin, and Tether. But, today, we will be giving a complete analysis according to their market capitalization so you understand what is the best cryptocurrency to buy in 2021.
What is the Best Cryptocurrency to buy in 2021?
Bitcoin – Market Cap: Over $641 Billion
Bitcoin was created in 2009 by Satoshi Nakamoto, and it works on a distributed ledger, a widespread network of computers. We all have examined how Bitcoin went over the horizon in the past five years. Its price increased from $500 to $32000 in no time. BTC is one of the best investments you can make at the moment because it is expected to take a boom once again.
Ethereum – Market Cap: Over $307
Ethereum is a blockchain platform and a cryptocurrency. This cryptocurrency has also experienced rapid growth in the last five years. It went from $11 to over $2500. You can invest in this cryptocurrency and expect some significant profits in 2021.
Dogecoin – Market Cap: Over $44 Million
Dogecoin is one of the most prominent cryptocurrency of 2021. It has experienced a rapid boom due to Elon Musk. However, this cryptocurrency can face devaluation anytime, so make complete research before buying it.
Yes, the price has increased since 2017, with a 159,000% increase in it.
Tether – Market Cap: Over $62 Million
Tether is one of the stable cryptocurrencies in 2021. This means that by investing in Tether, you will remain in the safe zone, and you won’t face any significant losses which are a part of other cryptocurrencies.
XRP – Market Cap: Over $40 Billion
XRP is a cryptocurrency by the founder of Ripples. It works very well to facilitate exchanges. XRP was $0.006, and now it is $0.92, increasing 15,233%. Yes, you can invest in XRP and book your profit in 2021.
USD coin (USDC) – Market Cap: Over $ 23 Billion
USD coin is also a stable cryptocurrency similar to Tether. This cryptocurrency can be used for global transactions, and the US dollar backs it. The best thing is that Ethereum powers USDC, and you can be in a safe zone with this cryptocurrency.
Binance Coin (BNB) – Market Cap: Over $56 Billion
Binance coin is one of the most valuable cryptocurrencies because you can trade different currencies on Binance. It is one of the largest cryptocurrency exchanges worldwide.
In 2017, Binance was only $0.10, and now it is $350, which is a phenomenal increment in 2021.
These were the top cryptocurrencies to invest in in 2021. However, you can also study the following cryptocurrencies to avail more options:
1. Litecoin (LTC)
2. Cardano (ADA)
3. Polkadot (DOT)
4. Bitcoin Cash (BCH)
5. Chainlink
Yes, these cryptocurrencies can also reach a good mark in 2021.
Final Verdict!
Digital currency is the call for 2021; you should learn and earn with it because you can become a millionaire and billionaire in no time! But research is the key!