What Is The Most Promising Crypto Coin?
With the rise in popularity of Bitcoin, cryptocurrencies are beyond dispute. This is an interesting area where you can increase your capital. Investments in cryptocurrency can become both passive and main income. So, in this article, we will discuss the most promising crypto 2021.
Also, one should not forget the fact that the crypto industry includes thousands of digital coins. It is sometimes difficult even for experts to choose an asset that would be really promising. It is necessary to take into account many factors that shape the rate of cryptocurrencies.
Let us discuss top cryptocurrency to invest in.
Most Promising Crypto 2021
Should I Invest In Bitcoin (BTC)?
Bitcoin is the oldest cryptocurrency project that consistently occupies the leading position in the ranking of digital currencies. The main factor that determines the stability of Bitcoin is the recognition by the United States and other countries of BTC as an official payment system.
In addition, the following factors can be attributed to the advantages of investing in Bitcoin in the long term: the coin is always on the list of all cryptocurrency exchanges. Also, within the framework of international trading platforms, all settlements are carried out with respect to Bitcoin.
In just a few years, the exchange rate of Ethereum, which is one of the most promising crypto coins, has grown by more than 1000%. According to many experts, this year the situation will not change. Moreover, there is an opinion that this is the only currency that can compete with the popular Bitcoin. It is possible that over time Ethereum will be able to move its rival to second place.
The attractiveness of long-term investment in Ripple – a cryptocurrency project from the Chinese team – can be explained by the presence of its parental protocol (distributed ledger technology). According to analysts from the Official Monetary and Financial Institutions Forum (OMFIF), in the long term Ripple DLT will be able to replace SWIFT due to its security, speed, cost, transparency and risk hedging.
Are Litecoins A Good Investment?
Litecoin is a fork of Bitcoin that appeared ten years ago. Initially, the developers aimed to create an alternative to Bitcoin. Despite this, Litecoin has not become an exact copy of Bitcoin. With Litecoin, transactions are much faster with higher emissions. Undoubtedly, it deserves investors’ attention.
Is BNB Coin A Good Investment?
Binance Coin was developed by the famous cryptocurrency trading platform Binance. The statistics of 2020 speaks about the prospects of investing in Binance Coin. Digital currency has grown in value in one year from $7 to $15. Many experts are confident that the growth of this cryptocurrency will continue. This is due to the constantly increasing trading volume of altcoins, which currently stands at more than $2 billion per day.
Is Tron Still A Good Investment?
TRON cryptocurrency was created by the Chinese entrepreneur Justin Sun in 2017.
TRON features include the issue of own tokens; participation in project management by means of voting; loading, storing, renting any content; the ability to support any project through distribution; receiving TRX cryptocurrency as a reward; creation of a decentralized application of any scale.
There is no definite price prediction for this coin. Some influencers and pundits are forecasting big growth in 2021, after which there will be a sharp decline. But given that the coin was created by an ardent enthusiast and lover of innovations, this gives a chance for the constant development of the platform and compliance with modern trends.
Should I Invest In Chainlink?
The most famous and demanded decentralized network of oracles is attracting more and more attention from large companies and projects. More than three hundred partners have already implemented it. As a consequence, this also raises the value of the LINK coin. The more the ecosystem develops, the more valuable the asset will be. That is why many investors today consider LINK as a long-term or medium-term investment.
How To Invest In Shiba Inu Coin?
Shiba Inu cryptocurrency was created in 2020 on the wave of the crypto boom, by anonymous developers. SHIB emission is 1 quadrillion tokens.
Shiba is a coin that was the first to go down the path of true fair distribution. The team does not own tokens, so it cannot sell SHIB tokens to the community. Nobody: neither developers, nor exchanges, nor advisors received a single SHIB token. Like everyone else, developers and investors bought the SHIB token on the market, following the main ideology of the project – the creation of a decentralized community.
The capitalization of Shiba Inu exceeds $10 billion. For comparison, this is more than the capitalization of the well-known companies Yamaha, DropBox and McAfee.
Initially, just over 50% of SHIB tokens (505 trillion units) were sent to Vitalik Buterin’s public wallet. There is a risk factor: Buterin can sell his tokens at any time, which will lead to the collapse. In the near future, the developers plan to release their own DEX exchange Shiba Swap, where it will be possible to exchange SHIB for other cryptocurrencies and add different coins to liquidity pools, earning tokens. So far, the only thing that users can do with a token is to swap it on exchanges.
The value of the SHIB token is determined by the community: if the community grows, the price of the SHIB token will also grow. This growth is attributed to widespread crypto fever and speculative interest from the public. In the event of a correction, the price can fall as rapidly as it grew.
How To Invest In Polkadot?
Polkadot is a blockchain protocol founded by Gavin Wood, co-founder and former CTO of Ethereum. It allows different blockchains to operate independently on a single network protected by a common security system. The Polkadot genesis block was launched in May 2020. The project quickly gained popularity among cryptocurrency investors, developers and traders. In less than a year (since August 2020), the Polkadot token has grown in value by over 1000%. This success gives credence to the future growth of DOT crypto.
And don’t forget that StealthEX is the best platform to get DOT coins. The process is private, and everyone can buy digital assets instantly without worrying about their safety. You can select more than 350 different cryptocurrencies with no need to provide many details.
How To Buy Polkadot Coin?
Just go to StealthEX and follow these easy steps:
- Choose the pair and the amount for your exchange. For example, SHIB to DOT.
- Press the “Start exchange” button.
- Provide the recipient address to which the coins will be transferred.
- Move your cryptocurrency for the exchange.
- Receive your Polkadot coins!
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
July 16, 2021