Did you know there are almost 4000 crypto currencies exists. although Bitcoin is the most attention seeker in this crowd. So Here we have listed best crypto currencies to invest in 2021.
Why Should you Invest in Crypto Currencies?
Big name like Apple, Tesla, Samsung, PayPal and many more has already made their long term strategic plans for cryptocurrencies. Recently tesla started accepting bitcoins as a payment if you want to buy a tesla car.
1. Bitcoin- BTC
Bitcoin was created in year 2008 by an anonymous group of people who all are know by Satoshi Nakamoto. Bitcoin is Decentralized currency which could be sent to peer-to-peer without any intermediaries. Bitcoin does not any banks or single administrative.
If its price rises or falls, there’s no denying that bitcoin will still dominate the cryptocurrency sector. Traders will enjoy high liquidity no matter market stability as long because it continues to exist. Although bitcoin is unpredictable, it’s a gentle upward trend. With a market capitalization of $1.01 trillion, BTC, because it is understood by its market ticker, is that the hottest cryptocurrency. it had been developed as a way of facilitating decentralized transactions also as a store useful.
2. Ethereum – ETH
Ethereum, may be a decentralised software platform that permits Smart Contracts and Decentralized Applications (DApps) to be designed and run without the necessity for third-party downtime, theft, control, or intervention. Ethereum may be a permissionless, non-hierarchical network of computers (nodes) that generate and achieve consensus on an ever-growing sequence of “blocks,” or batches of transactions mentioned because the blockchain. The platform’s native cryptocurrency is Ether (ETH).
After Bitcoin, it’s the second-largest cryptocurrency in terms of market capitalisation . Vitalik Buterin, a programmer, proposed Ethereum in 2013. The network went survive July 30, 2015, with an initial supply of 72 million coins, after being crowdfunded in 2014. Ethereum is employed for decentralised finance, the assembly and exchange of non-fungible tokens (NFTs), and lots of Initial Coin Offerings (ICOs). The coin market capitalisation is at $195.54 billion on 29 March, 2021.
3. Bittorrent – BTT
BitTorrent was inaugurated early within the year 2019. The project’s native token, BTT comes within the sort of a TRC-10 utility token which is merely compatible with the TRON blockchain. during this design, platform content creators of all sorts are ready to engage with their audience. Also, they’re ready to earn while they spend the cryptocurrency with none intermediary.
As of now, BitTorrent provides a platform for the most important file-sharing protocol with quite 100 million users. The TRON Foundation acquired the platform in 2018 but the project couldn’t kickstart under its network until 2019.
Users on the TRON blockchain can use BTT to play along side the files that content creators share on the network. BitTorrent is now recognized together of the most important peer-to-peer software that exists on the blockchain.
4. WazirX- WRX
WazirX is an indian crypto currency exchange which helps us to buy, sell and trade in virtual currencies like Bitcoin, Etherium, Ripple, Litecoin and many more.
WazirX have its own token name WRX, that you can use to pay transaction fees and recently they allowed us to buy and sell crypto currencies using the WRX Tokens.
You can start buying and selling crypto currencies within 5 minutes after signing up in WazirX. We can buy bitcoins using indian rupees.
Currently WazirX is the only best and fastest crypto currencies trading android application. you can buy WRX Token as its may cross 10$ in next 2-3 months.
5. Litecoin- LTC
launched in 2011, was among the primary cryptocurrencies to follow within the footsteps of Bitcoin and has often been mentioned as “silver to Bitcoin’s gold.” it was created by Charlie Lee, an MIT graduate and former Google engineer. Litecoin is predicated on an open-source global payment network that’s not controlled by any central authority and uses “scrypt” as a symbol of labor , which may be decoded with the assistance of CPUs of consumer-grade. Although Litecoin is like Bitcoin in some ways , it’s a faster block generation rate and hence offers a faster transaction confirmation time. aside from developers, there are a growing number of merchants who accept Litecoin. As of January 2021, Litecoin had a market cap of $10.1 billion and a per token value of $153.88, making it the sixth-largest cryptocurrency within the world.