Top 5 Cryptocurrencies To Invest In 2021

Starting with popular Bitcoin ,Etherum, Dogecoin and Tether there are a thousand different cryptocurrencies which can make it overwhelming for beginners who are getting started in the world of crypto. Although trading on cryptocurrencies can be a little tricky and tedious for beginners, you need to deal with trusted people and platforms. I would advise for those who are getting started to buy their cryptocurrencies on BlockChain. We have done some research on cryptocurrencies to help you as you get started. This research is based on the cryptocurrencies market capitalization ,or the total value of all of the coins currently in circulation. According to our research these are the top 5 cryptocurrencies:

1.Bitcoin(BTC)

The market cap for this coin is over $641 billion. According to history of bitcoin, it was created on 2009 by someone under the name Satoshi Nakamoto.Like ,almost all te other cryptocurrencies ,bicoin runs on a blockchain , or in simpler terms a ledger logging transcations distributed across a network of a thousands computers. Bitcoin is kept under high security and safety throught the verification of the distributed ledgers by solving a cryptographic puzzle, a process called proof.

Currently the price of bitcoin has skyrocketed as it’s becomes a household name.

2.Etherum

The market cap of etherum now is over $307 billion. Etherum is both a cryptocurrency and a blockchain platform. It has become one of the most favorite crypto of program developers due to its potential applications. This coin too has experienced tremendous growth, within five years , its price went from about $11 to over $2,500.

3.Tether

The market cap for this cryptocurrency is over $62 billion. Tether operates as a stablecoin, which means that it’s backed by flat currencies like U.S dollars and the Euro and hypothetically keeps a value equal to one of those denominations. In other words , this means the price of tether’s value is ment to be consisten than other cryptocurrencies.

4.Binance Coin (BNB).

The market cap for this coin is over $56 billion. This is a form of currency that you can used to trade and pay fees on binance, one of the largest crypto exchanges in the world. Since it launch this coin has experienced a rise past merely, facilating trades on Binance’s exchange platform. Currently, Binance can be used for trading, payment processing or even booking travel arrangements.

5.Dogecoin (DOGE)

The market cap for this coin is over $44 billion. Celebrities and tech billionaires like Elon Musk has made this coin popular. The coin was started in 2013 as a joke and rapidly became a prominent cryptocurrency option. There is no limit on the number of Dogecoins that can be created which leaves the currency susceptible to devaluation as supply increases.

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