Best Cryptocurrency Altcoin to Buy in 2021
Ever since its inception, cryptocurrency has been amongst the most profitable investment opportunities. It even has outrun the profits from conventional stocks and commodities like Oil and Gold. Currently, there are many cryptocurrencies in the market that are catching the attention of investors. But as the cryptocurrency matures, and with the introduction of new cryptocurrencies to the market every now and then, it becomes difficult for investors to decide where to put their money. Many estimations state that in 2021, Altcoins might be the best and most profitable option to invest.
Cryptocurrency is becoming more and more popular among investors with time while gaining new positions as it delivers outstanding results. As of now, there are more than 500 different kinds of cryptocurrency which is quite overwhelming for beginners to make up their minds about which one to choose. Amongst these, Bitcoin is a widely preferred choice but not the only option available. Other options include Litecoin, BAT, Ethereum etc. Here are some of the top crypto coins/Altcoins you can invest in 2021.
1. Ripple (XPR)
Ripple is widely known for its own currency, XRP, and its innovative digital payment platform used widely at RippleNet. Ripple
- Offers a stunningly low exchange rate.
- Provides instant confirmation for your transfers.
- Cooperates with banks and other financial institutions for better reliability.
All these parameters support Ripple’s favourable forecasts for the growth in price. Now is the best time to buy Ripple as the price is still quite low and affordable i.e., $0.45 as of February 5, 2021.
2. NOW Token (NOW)
ChangeNOW is certainly one of the best and most simple crypto exchange services currently. It has its own NOW token which interests both beginners and crypto professionals. The NOW token is
- Both a Binance Chain BEP-2 and an ERC-20 standard token.
- The first native digital asset introduced by the ChangeNOW exchange platform.
- Serving as an internal currency accepted within the NOW product system.
NOW can also be used as a staking instrument which makes it a unique option for all of the investors looking to make more profit in 2021.
3. Ethereum (ETH)
After Bitcoin, Ethereum is the second most popular crypto coin having a strong market cap. Its price has been touching the sky lately and currently, it costs $1,592.66 as of February 5, 2021. One of the major reasons for its price increase and popularity is the success of the Ethereum 2.0 upgrade along with the decentralized finance system. ETH
- Is the second-largest cryptocurrency in the world.
- Supports smart contracts and allows decentralized mobile applications i.e., dApps.
4. Litecoin (LTC)
Litecoin is a well-established platform with a great number of followers. These days, it is known as the “silver” of cryptocurrency with a current price of $148.58 as of February 5, 2021. Litecoin was one of the largest cryptocurrencies in October 2020 and in November 2020, it became the eighth-largest which is quite an impressive result for such a short time. Litecoin
- Has a much higher block reward compared to other competitors.
- Is incredibly fast.
- Takes only 2 minutes to mine a block.
5. Basic Attention Token (BAT)
BAT was developed by a co-founder of Mozilla Firefox and offers a lot of respect in insider circles. It is growing steadily year after year and has gained quite some popularity amongst content writers, web developers, PR and marketing people, and some IT sector professionals.
You can get some BAT rewards by watching the privacy-preserving ads if it’s used with Brave Browser. It’s estimated that advertisers pay a minimum of $2,500 per month for introducing their products to the Brave community.
6. Bitcoin (BTC)
Do we need to say anything about Bitcoin? Who hasn’t heard of it? Bitcoin is
- The first-ever cryptocurrency introduced to the market.
- One of the most expensive and versatile crypto coins that ever existed to date.
- Referred to as the “gold” of crypto coins.
Not only this, but it also offers user autonomy, peer-to-peer focus and cryptographically – secured transactions, zero banking fees, and low transfer fees for international transfers.
All the cryptocurrencies are reaching new heights every day. Not only in terms of price but the values and benefits they offer. Forecasts for all these cryptocurrencies are promising and investing in them has become easy as never before. But one must consider all the parameters of altcoins i.e., their price, market value, benefits, etc. before investing in any of these cryptocurrencies in 2021.