Published Nov 11, 2021
2 mins read
423 words
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Top 3 Cryptocurrencies To Invest In 2021.

Published Nov 11, 2021
2 mins read
423 words

1. Bitcoin 

Bitcoin is one of the foremost cryptocurrencies and it has the highest market cap in the whole crypto market and bitcoin was one of the top cryptocurrencies in the world. Bitcoin was launched in 2009 by a person named Satoshi Nakamoto he invented the bitcoin cryptocurrency Bitcoin is one of the decentralized currencies is the currency that you can trade without the approval of any centralized bureaucracies like the Banks. Bitcoin has a market cap of $1,253,775,109,601 as of November 2021 which is very huge. There is a limit on the production (Mining) of bitcoin there is only 21 million bitcoin present and till now 18 million bitcoin has already been mined. Bitcoin works on blockchain technology it is a peer-to-peer distributed ledger technology also known as (DLT) in blockchain technology it makes records of every digital asset which is transparent and it is impossible to fake. There is also an event that happens every 4 years till it does not get completely mined in this event In the Bitcoin halving the pace of the new bitcoin, creation is cut in half. 

2. Ethereum 

Ethereum is the second-largest cryptocurrency in the crypto market ethereum has the second-largest market cap in the cryptocurrencies Ethereum was founded by Vitalik Buterein ethereum is faster than bitcoin the main term is time in ethereum it takes only a few seconds to confirm a transaction while in bitcoin it takes minutes to do the same thing in term of fast transactions ethereum is good. another use of Ethereum is that on the ethereum network they also run the applications. ethereum growth has been good since its launching in 2015 the graph of ethereum is always well-performing and people around the world have shown interest in this cryptocurrency lately. Unlike bitcoin ethereum does not have any limit of production of coins the production is unlimited.

3. Ripple

Ripple is one of the well-performing cryptocurrencies in the crypto market Ripple was launched in 2017 and since it has been performing as a valuable asset for its investors. ripple is also a payments system ripple is performed as a trusted as an agent between two parties. ripple acts as an exchange medium for fiat currency ripple was invented by Jed McCaleb. another point is ripple is also fast in processing transactions on the other hand it takes days to process a transaction through banks. Ripple also takes low fees as compared to other authorized organizations. Ripple is always being the good-performing cryptocurrency through the years.

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