6 Cryptocurrencies You Should Invest In Now
There is no doubt that cryptocurrencies are gaining more and more attention in all countries. Cryptocurrency is called the currency of the future. So many people are reluctant to get off this train.
Even students discover these digital assets without worrying about currency volatility. Despite the volatility of cryptocurrencies, studies have shown that any money invested in cryptocurrencies will surely grow by 500% in about 3 years or less.
As with any business, there are bound to be risks involved. Stocks in the stock market also have volatility characteristics. Stock prices can go up or down. But in time, investors will surely smile. Cryptocurrencies work the same way, except the volatility here is basically very fast and can work well. But in the long term, cryptocurrency investors will always smile at the bank.
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To this end, I would like to share with you the top six (6) cryptocurrencies to invest for better and bigger returns in the future.
bitcoins
Bitcoin is still the best cryptocurrency in terms of value, price and market cap. Bitcoin has been valued at $0.003 since its inception. Bitcoin jumped to $62,000. According to the predictions of cryptocurrency experts, the price could reach $500,000 by the end of 2025. That is huge.
Bitcoin continues to dominate the market and many businesses already accept it as a form of payment. Investing in Bitcoin is one of the best things you can do for yourself.
ether
ETH is the second cryptocurrency after BTC in terms of capitalization and market value . Ethereum came into existence after an upgrade of the Bitcoin network (fork). And the price has jumped to over $4,000 in the last few weeks.
Many cryptocurrencies operate on the Ethereum network. And this has contributed to the growth of the ETH price. Ethereum is expected to reach $10,000 by the end of 2022.
Binance Coin (BNB)
As mentioned above, BNB operates on the ETH network as an ERC-20 token. And Binance Coin has gone a step further by launching its own node (Binance Smart Chain) and now works with many cryptocurrencies on the Binance network such as BEP-20 and BEP-721 tokens.
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This alone is driving the price of Binance Coin up. Binance also has its own exchange platform where BNB and cryptocurrencies are traded, and BNB is the main commission paying currency on the platform. The Binance exchange has over 1.5 million users. This contributes to price growth and will ensure the stability of the cryptocurrency.
Dogecoin (Dodge)
Doge was created as a coin derived from Bitcoin. The price recently increased from $0.00002 to just over $0.68. Added more than 10,000% profit.
Dodge has created thousands of millionaires. And thanks to massive adoption by millions of people around the world and celebrities like Elon Musk, Snoop Dogg and Mark Cuban, the coin continues to attract attention.
Many people flocked to buy Doge because of its low price and high positive volatility. The volatile nature has made it an ideal market for traders. Experts are currently working on upgrading the Doge Network and the price is expected to reach $10 in the next few years.
Dreadlocks (ADA)
According to Securities.io, Cardano (ADA) is a third-generation public blockchain and DApp development platform. The platform has captured international media attention as the first blockchain to incorporate a peer-reviewed research strategy into its core principles. ADA is now one of the top cryptocurrencies in the world, ranking fifth after Doge.
ADA rose from $0.03 to $2.3 in less than 52 weeks. ADA is widely accepted and prices continue to rise. Cardano is a proof-of-work academic research framework, which has increased its adoption; they are also listed on many stock exchanges.
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Shiba Inu (SHIB)
It's still new, and Nick calls it the "dodgecoin killer". The main promoter of this coin is the co-founder of Ethereum. He recently spent over $6 billion from this SHIB to create value through scarcity. The price is now very low, around $0.000003, the same as Doge at launch.
The low cost and fairness of cryptocurrencies have led people to buy coins, thinking that one day their price will skyrocket.
Many major exchanges and wallets also list SHIB on their platforms. Among them are Binance, Crypto.com , Okex , Huobi , Trust Wallet, etc. That did not in the least increase investor confidence. A $5 SHIB investment will earn you over 400,000 SHIB and could be worth thousands in the near future.
Disclaimer: invest with caution
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