Investing in cryptocurrencies is one of the best ways to diversify your investment portfolio and reduce the risks associated with standard markets. The price of cryptocurrencies is not directly linked with the regular markets such as stocks and bonds, which is why it is a good idea to invest in digital currencies when looking to diversify your portfolio. However, that’s easier said than done.
You are probably thinking, which is the best currency you can invest in. Which cryptocurrency can give the best returns in about a year or so? Which coin is backed by a strong project and team? If you are wondering about these things, read here about the top 7 cryptocurrencies of 2021.
1. Libra Coin (LC)
Name: Libra Coin
Symbol: LC
Price: $0.25
Website: https://libraecosystem.com/
Libra coin is a next-gen payment-focused digital currency for e-commerce platforms. The team is developing a unique kind of blockchain-based platform for the e-commerce industry that will help solve a number of problems of the industry, particularly providing e-commerce players, traders and users with an easy, secure & affordable way to make/receive payments digitally anywhere in the world.
The Libra coin can be purchased from the official website as well as from a number of top exchanges including Vindax. Users can also participate in the Libra airdrop to earn some FREE coins.
2. Dogecoin
Name: Dogecoin
Symbol: DOGE
Price: $0.33
Also known as the meme coin of the internet, DOGE became famous after billionaire Elon Musk started tweeting in support of the cryptocurrency. At the time of writing this article, DOGE is at number 5 in CoinMarketcap’s list of top cryptocurrencies of all time. It’s total market cap is over $42,888,325,130.
You can buy DOGE coins from any of the popular exchanges at a really low price.
3. Cardano (ADA)
Name: Cardano
Symbol: ADA
Price: $1.55
Besides DOGE, Cardano is another cryptocurrency that has shown amazing growth in recent times. From nowhere until November 2020, ADA is now at 5th position in the CoinMarketcap list. The coin achieved its all time high price of $2+ in May 2021, but dropped soon after. At the time of writing this article, it is priced at $1.5, which is still quite affordable given the huge growth potential of the coin.
You can buy ADA from leading crypto exchanges like Binance.
4. Binance Coin
Name: Binance Coin
Symbol: BNB
Price: $362
Even though the price of BNB is on a bit higher side in comparison to other cryptocurrencies listed in this article, the coin can still offer good value on investment. The reason, it is backed by the world’s number 1 cryptocurrency exchange Binance. As the native coin of Binance, BNB is going nowhere for years to come and will only see growth both in price and popularity.
You can buy BNB directly from Binance or any other top exchange.
5. TRON
Name: TRON
Symbol: TRX
Price: $0.07479
TRON is a cryptocurrency that has been getting investors’ attention ever since it was launched in 2017. It is the native currency of the TRON blockchain-based operating system that aims to make blockchain technology accessible to everyone. One of the things that make TRON superior to other cryptocurrencies in the market is the network’s ability to process up to 2,000 transactions per second. Another aspect of TRON is as a decentralized content sharing and entertainment platform.
Buy TRON directly from the official website or through top exchanges.
6. Stellar
Name: Steller
Symbol: XLM
Price: $0.3491
Stellar is currently ranked at number 19 in the CoinMarketcap list, which means it’s the 19th largest cryptocurrency in terms of market cap. The coin price has been rising steadily ever since its launch, mostly thanks to a strong project and digital payment platform. As a digital currency, Stellar allows users to easily & securely store, transfer and transact their digital assets. It is now widely used for trading digital assets across borders.
XLM is now trading on multiple top crypto exchanges.
7. Ripple
Name: Ripple
Symbol: XRP
Price: $0.8815
XRP is a cryptocurrency that was created to run on the RippleNet platform, which is a digital payment system built on top of XRP ledger, which is a distributed ledger database. Ripple is the company that owns all these, and thus XRP is often referred to as Ripple coin. Unlike other cryptocurrencies mentioned here, XRP is not based on blockchain but has its own similar distributed ledger database (XRP ledger). The main use of the coin is as a digital currency for real-time payments anywhere in the world.
XRP is listed on almost all top crypto exchanges globally.
One thing that is common in all the above cryptocurrencies is that they currently have a low price but powerful concepts to grow exponentially in the future. So, anyone can invest in these coins and become rich in the coming days.