Which cryptocurrency will remain on top in 2021
Cryptocurrencies have been around for a while and have unquestionably proved to be one of the most lucrative investment vehicles, outperforming traditional stocks and commodities including oil and gold.
If you’re considering where to put your money in 2021, coins could be the best and most lucrative choice. Indeed, there are over 500 different types of cryptocurrency on the market, making it difficult for beginners to choose.
Bitcoin has been one of the most highly debated options. But it’s far from the only successful one. According to a recent XRP price forecast, the cryptocurrency is growing in popularity among investors, winning new positions and producing excellent performance. Litecoin, BAT, and Ethereum are all viable alternatives. Do you want to know more? Fortunately, we have some recommendations for you. Take a look at these top crypto coins to invest in for the coming year, and get your 2021 off to a good start.
Ripple (XPR)
Ripple is well-known for its own currency, XRP, as well as a cutting-edge digital payment platform that is commonly used at RippleNet. The stunningly low exchange rate and instant confirmation for your transactions are two of this coin’s main advantages, thanks to the authentication mechanism that bypasses the central bank. Furthermore, Ripple uses its services to collaborate with banks and other financial institutions, which increases its efficiency and supports positive price growth predictions.
NOW Token (NOW)
ChangeNOW, one of the biggest and most user-friendly crypto exchanges on the market, has its own NOW coin, which could be of interest to both newcomers and experienced crypto traders.
The NOW token is a Binance Chain BEP-2 standard token as well as an ERC-20 standard token. It is the first native digital asset launched by the ChangeNOW exchange platform and will be used as an internal currency within the NOW product framework. Furthermore, this token can be used as a staking instrument; it is a one-of-a-kind opportunity for all investors searching for a way to increase their profits in 2021.
Ethereum (ETH)
After Bitcoin, Ethereum is the second most common crypto coin, with a huge market cap. Its price has risen dramatically in recent months, and it now costs $579 as of November 28, 2020. One of the main reasons for this increase may be the popularity of the Ethereum 2.0 update, as well as the decentralized finance system.
ETH has many advantages, including being the world’s second most liquid cryptocurrency, supporting smart contracts, and allowing for decentralized mobile applications, or dApps.
Litecoin (LTC)
Litecoin is regarded as the “silver” of cryptocurrencies, as it is a well-known network with a wide following. The high liquidity of a lit coin is one of the biggest reasons to invest in it. One of Litecoin’s advantages is that it has a far higher block reward than its rivals and is extremely cheap. A block takes about 2 minutes to mine on average.
Basic Attention Token (BAT)
Basic Attention Token, which peaked in popularity in 2018, still has a lot to come in 2021. BAT is the preferred currency of content writers, web developers, public relations and marketing experts, and some IT professionals. This cryptocurrency, which was developed by a co-founder of Mozilla Firefox, is well-regarded among insiders and continues to rise year after year.
Bitcoin (BTC)
Bitcoin is a cryptocurrency that everyone has heard of. It is not just the first cryptocurrency to enter the market, but it is also one of the most costly and flexible. User control, peer-to-peer orientation, and cryptographically encrypted transactions are among the main advantages of Bitcoin. Other advantages include the lack of banking fees, low international transfer fees, and accessibility.
Final Thoughts
Investing in all of these cryptocurrencies in 2021 is a smart idea; the outlook is favorable for all of them to varying degrees, and the investment is as straightforward as it has ever been.
While some might argue that cryptocurrency trading is as much an art as a science, it is always preferable to have a cryptocurrency expert teach you. Finding a good course is the next best thing to having someone guide you on the intricacies of trading. Investing in a good cryptocurrency certification course and learning more about all the blockchain platforms and technology is a good thing. The Certified Blockchain Professional training program from blockchain councils focuses on the information and skills you’ll need to get a job, all bundled in a versatile learning module that suits your schedule.