Top 5 Crypto Coins to Invest in 2021: Is Your Coin on the List?
Hello dear readers!! In this blog, I will introduce you to some good 5 crypto coins to invest in 2021 and can make some good profit in the future.
This is the first part of the blog, which is about coin fundamentals and future technical analysis. After reading this you may understand basic and simple coin technical analysis and also have a basic idea about investing in a crypto coin. As I know most people have no idea about technical analysis and do not know the basic fundamentals of each coin so I have included some basic fundamentals of all coins. In the next blog, I will also give some basic technical analyses of those coins. But for now, I will introduce you to the coins which are in Top-5 to make a big profit and for long-term investment.
Top 5 Crypto Coins to Invest in 2021
So let us say, you will get 2000 BTC within 5 years and try to make a profit out of it.
Bitcoin (BTC)
I am sure you are aware of bitcoin because you are using bitcoin. Bitcoin is a crypto coin and you can buy bitcoin with almost every major currency exchange. You can also buy bitcoin with a credit card or debit card. However, if you don’t have a credit card or debit card, you can buy bitcoin with virtual currencies or exchange currencies. But the reality is, bitcoin is just a digital currency and not an actual currency. But since it is used by many people to buy things, a lot of people like it. You can always buy bitcoin if you want to. It is one of the fastest-growing coins with its price of over $21000.
Monero
Monero is a privacy-centric cryptocurrency and you can use it to buy bitcoins or other digital currencies.
Ethereum (ETH)
Ethereum is the leading protocol with a market capitalization of around 6 billion at the time of this writing. Ethereum is a decentralized network of computers and its led by programming languages like Solidity.
Ethereum has attracted the most attention, with big investors from the mainstream financial sector such as JP Morgan and the Singularity developers heading for blockchain technology.
When Ethereum first appeared, it was a new concept, especially for venture capital, making it almost unreachable for the average investor. The current market cap is around 300 million USD. The fluctuations in its price are also very unpredictable. I believe that with Ethereum we will reach the bitcoin blockchain technology, the one that most experts have their eyes on.
XRP (Ripple)
Ripple is one of the biggest cryptocurrencies in the market and it has added a lot of value to our life in recent years. It is a great stable coin that belongs to the family of digital currencies. It will be accepted by many countries in the near future and will have huge growth in the near future. It is currently the only stable coin in the market and that is why it will be much valued by crypto investors.
IOTA
IOTA is a very fast-growing blockchain network that aims to establish a global Internet of things network with the help of blockchain technology. It has raised more than 300,000,000 USD in the ICO. Its network is made up of smart, sensor, and non-smart devices. These are machines without the internet.
This means we will soon see the rise of IoT devices like cars, homes, etc.
NEO
NEO, formerly Antshares, is the second most popular cryptocurrency with a market cap of 1.5 billion USD. For the first time, this cryptocurrency made a successful ICO in 2014. Recently a Chinese millionaire Xiaonan Xu made a profit of 1 million USD or 11.42% of his total investment in NEO. You can play the Ethereum game on NEO and NEO ICO blockchain.
VEC
Vec is a blockchain-based public utility token (PTE) that aims to facilitate the purchase of space on a decentralized Internet of Things (IoT) devices. It is also known as crowdsourced leasing since tenants would have to pay a transaction fee to the company to use the space, which is then used by the tenant.
When we talk about cryptocurrency, there is no doubt that most of us come up with the name Tangle – a blockchain-based protocol designed to increase transaction speed and efficiency. It has many potential applications. In a few years, more than 1000 transactions per second are expected.
Due to the low cost of transactions and stability of the value of the coins, it is a very good choice for transacting. Transactions can be done in 2-second, 20-minute, and so on times.
In fact, IOTA has been around since 2014, with a total coin value of around $.05 at the time of writing this blog. It is also one of the top 10 altcoins of 2017 by market cap with a currency price of $.45.
We came to this conclusion while analyzing the projections of the overall growth of the bitcoin market and the crypto market.
We look at the statements made by the CEOs of various financial institutions in the recent past to forecast the future of the bitcoin and crypto industry in the world.
It helps us in coming to the final verdict that we come up with our 5 best coins to invest in 2021.
