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Top 10 Altcoins To Invest In 2021
The term Altcoin stands for “alternative to Bitcoin'' or “alternative coins”, basically these are digital currencies similar to Bitcoin. Altcoins are profitable and have their own goal but these are not as costly as Bitcoin.
Due to the lower value and higher ROI, altcoins have become the favourite of investors. One thing that needs to be mentioned here is that not all altcoins are successful and have the same future scope. Thus before choosing a cryptocurrency to invest in, make sure to check all the details, reports and what people say about it.
If you are looking for a cryptocurrency to invest in, you are at the right place because we are here enlisting some of the most unique and profitable altcoins which hold a wide range of opportunities but not as costly as Bitcoin.
Ether (ETH)
Ether is a cryptocurrency built on top of the open-source Ethereum blockchain, which is known for running smart contracts. Ether is the second-biggest cryptocurrency in terms of market share. Currently, 1ETH is priced at 1,781. 22 United States Dollar and it is steadily growing.
With a market capitalization of $230.7 billion, ETH had hit a new record in Feb 2021. Cryptocurrency acts as a fuel that allows smart contracts to run, as opposed to bitcoins, which means a unit of currency on a peer-to-peer payment network.
Binance Coin (BNB)
It is the third biggest cryptocurrency on the basis of market share. BNB Coin is used to trade and pay fees on the Binance crypto exchange. Binance crypto exchange is the largest cryptocurrency world in the world.
The popularity of Binance is growing among developers, as of January 2018, it is facilitating more than 1.4 million transactions per second.
The overall Binance ecosystem makes it much easier to make transactions on their network. The current price of 1 BNB coin is 248.524621 US Dollar (USD) and it will be beneficial for the investors and BNB Coin Holders.
Cardano (ADA)
With a market cap of $46 billion, Cardano is in the third position after Bitcoin and Ethereum, it is one of the most improved altcoins and it is currently priced at $1.45.
Trading Beasts already predicted that the ADA price will reach $1.80 in the fourth quarter of 2011. One of the key factors behind Cardano's growth is the release of Hydra, a layer two scalability solution that promises to give the Cardano network the power to process more than 1 million transactions every second.
Ripple (XRP)
Ripple is not a cryptocurrency but a payment solution, It is not made of a blockchain, but a hash tree and its coins cannot be mined as there is a finite number of coins i.e. 100 billion. Its Coin XRP is mostly used by big companies to make huge transactions.
There are hundreds of financial institutions that choose Ripple to provide a better international payments experience to their customers in real-time. The current price of 1XPR is $0.454459 and it has a market cap of 45.44B.
PowerCoin (PKOIN)
Currently priced at 0.00405976ETH, Power Coin is probably the newest altcoin in the market but as an asset-backed hybrid stable coin it is trust-worthy and not only protects investors against volatility in the crypto marketplace but it also helps in mining and generating passive income.
It is backed by Power Corp and the company is developing a mining pool, Innovation Center, High-Performance Computing Data Center while acquiring assets such as renewable energy systems, financial instruments, real estate, intellectual property, digital and fiat currencies to back its hybrid stable coin PKoin.
PKoin is already listed on a few reputed crypto exchanges and soon the list will be longer. It is affordable and has a great scope. Thus don’t miss the opportunity and invest in it now.
LiteCoin (LTC)
Lite coin is really the lite and speedy version of Bitcoin. It was created by Charlie Lee and it holds many of the best features of Bitcoin and adds some of its own twists. LTC takes just 3 minutes to confirm a transaction for the same bitcoin takes around 10minutes.
Lower system requirement is also one factor that helps it to gain people interest as ordinary PCs are capable of mining it. LTC is powerful, easier, faster and currently, it is priced at 194.85 United States Dollar.
Tether (USDT)
With a market cap of $39 billion, Tether is in the 5th position of top cryptocurrencies. USDT is currently priced at $1 and It is a blockchain-based cryptocurrency, in which crypto coins are backed by the equivalent of traditional Fiat currencies including the dollar, euro or Japanese yen, which are held in a designated bank account. It is being traded under the USDT symbol.
Bitcoin Cash (BCH)
A major update regarding its processing speed is expected this year. Bitcoin Cash is one of the best alternatives of Bitcoin. It becomes popular because of its better transaction speed. It has larger blocks compared to Bitcoin which makes it able to handle more transactions at once, which means faster transactions.
It is the world's 11th biggest cryptocurrency by market cap at above $10 Billion. 1BCH is currently priced at 535.91 United States Dollar it is one of the most profitable cryptocurrency with lots of cool features.
Tron (TRX)
Founded in 2017 and based on Ethereum, Tron is here to decentralise the web by providing more power to content creators and publishers by monetising the way their content is shared and used.
Since its launch on Ethereum, it has moved to a self-governing blockchain platform and uses a proof of stake algorithm to process all the transactions. It is one of the best altcoins with a market cap of $3.8 billion and a price of around $0.05.
Chain Link (Link)
The Project is a decentralized network consisting of nodes that provide data to blockchain smart contracts through oracles from off-blockchain sources.
The process begins on a smart-contract-enabled blockchain whenever a smart contract needs data. With a market cap of $12 Billion, it is ranked at 10th position and it is priced at $30.14 currently
The above ten altcoins are unique, trustable and have great benefits. Other than these 10, there are thousands of altcoins available in the market but if you are looking for a beneficial and affordable cryptocurrency having good future scope then PowerCoin (PKoin) will be a great choice, as it has a lower price but its plan and assets-backed nature will help it to grow quickly.
Thus choose an altcoin from the above list and invest in it wisely. That’s it for today and have a great day.
Due to the lower value and higher ROI, altcoins have become the favourite of investors. One thing that needs to be mentioned here is that not all altcoins are successful and have the same future scope. Thus before choosing a cryptocurrency to invest in, make sure to check all the details, reports and what people say about it.
If you are looking for a cryptocurrency to invest in, you are at the right place because we are here enlisting some of the most unique and profitable altcoins which hold a wide range of opportunities but not as costly as Bitcoin.
Ether (ETH)
Ether is a cryptocurrency built on top of the open-source Ethereum blockchain, which is known for running smart contracts. Ether is the second-biggest cryptocurrency in terms of market share. Currently, 1ETH is priced at 1,781. 22 United States Dollar and it is steadily growing.
With a market capitalization of $230.7 billion, ETH had hit a new record in Feb 2021. Cryptocurrency acts as a fuel that allows smart contracts to run, as opposed to bitcoins, which means a unit of currency on a peer-to-peer payment network.
Binance Coin (BNB)
It is the third biggest cryptocurrency on the basis of market share. BNB Coin is used to trade and pay fees on the Binance crypto exchange. Binance crypto exchange is the largest cryptocurrency world in the world.
The popularity of Binance is growing among developers, as of January 2018, it is facilitating more than 1.4 million transactions per second.
The overall Binance ecosystem makes it much easier to make transactions on their network. The current price of 1 BNB coin is 248.524621 US Dollar (USD) and it will be beneficial for the investors and BNB Coin Holders.
Cardano (ADA)
With a market cap of $46 billion, Cardano is in the third position after Bitcoin and Ethereum, it is one of the most improved altcoins and it is currently priced at $1.45.
Trading Beasts already predicted that the ADA price will reach $1.80 in the fourth quarter of 2011. One of the key factors behind Cardano's growth is the release of Hydra, a layer two scalability solution that promises to give the Cardano network the power to process more than 1 million transactions every second.
Ripple (XRP)
Ripple is not a cryptocurrency but a payment solution, It is not made of a blockchain, but a hash tree and its coins cannot be mined as there is a finite number of coins i.e. 100 billion. Its Coin XRP is mostly used by big companies to make huge transactions.
There are hundreds of financial institutions that choose Ripple to provide a better international payments experience to their customers in real-time. The current price of 1XPR is $0.454459 and it has a market cap of 45.44B.
PowerCoin (PKOIN)
Currently priced at 0.00405976ETH, Power Coin is probably the newest altcoin in the market but as an asset-backed hybrid stable coin it is trust-worthy and not only protects investors against volatility in the crypto marketplace but it also helps in mining and generating passive income.
It is backed by Power Corp and the company is developing a mining pool, Innovation Center, High-Performance Computing Data Center while acquiring assets such as renewable energy systems, financial instruments, real estate, intellectual property, digital and fiat currencies to back its hybrid stable coin PKoin.
PKoin is already listed on a few reputed crypto exchanges and soon the list will be longer. It is affordable and has a great scope. Thus don’t miss the opportunity and invest in it now.
LiteCoin (LTC)
Lite coin is really the lite and speedy version of Bitcoin. It was created by Charlie Lee and it holds many of the best features of Bitcoin and adds some of its own twists. LTC takes just 3 minutes to confirm a transaction for the same bitcoin takes around 10minutes.
Lower system requirement is also one factor that helps it to gain people interest as ordinary PCs are capable of mining it. LTC is powerful, easier, faster and currently, it is priced at 194.85 United States Dollar.
Tether (USDT)
With a market cap of $39 billion, Tether is in the 5th position of top cryptocurrencies. USDT is currently priced at $1 and It is a blockchain-based cryptocurrency, in which crypto coins are backed by the equivalent of traditional Fiat currencies including the dollar, euro or Japanese yen, which are held in a designated bank account. It is being traded under the USDT symbol.
Bitcoin Cash (BCH)
A major update regarding its processing speed is expected this year. Bitcoin Cash is one of the best alternatives of Bitcoin. It becomes popular because of its better transaction speed. It has larger blocks compared to Bitcoin which makes it able to handle more transactions at once, which means faster transactions.
It is the world's 11th biggest cryptocurrency by market cap at above $10 Billion. 1BCH is currently priced at 535.91 United States Dollar it is one of the most profitable cryptocurrency with lots of cool features.
Tron (TRX)
Founded in 2017 and based on Ethereum, Tron is here to decentralise the web by providing more power to content creators and publishers by monetising the way their content is shared and used.
Since its launch on Ethereum, it has moved to a self-governing blockchain platform and uses a proof of stake algorithm to process all the transactions. It is one of the best altcoins with a market cap of $3.8 billion and a price of around $0.05.
Chain Link (Link)
The Project is a decentralized network consisting of nodes that provide data to blockchain smart contracts through oracles from off-blockchain sources.
The process begins on a smart-contract-enabled blockchain whenever a smart contract needs data. With a market cap of $12 Billion, it is ranked at 10th position and it is priced at $30.14 currently
The above ten altcoins are unique, trustable and have great benefits. Other than these 10, there are thousands of altcoins available in the market but if you are looking for a beneficial and affordable cryptocurrency having good future scope then PowerCoin (PKoin) will be a great choice, as it has a lower price but its plan and assets-backed nature will help it to grow quickly.
Thus choose an altcoin from the above list and invest in it wisely. That’s it for today and have a great day.
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