Missed out on Bitcoin? Here is our top 10 list of cryptocurrencies to buy now!

IMG Auteur
Published : February 19th, 2021
1162 words - Reading time : 2 - 4 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
Our Newsletter...
Category : Market Analysis

Bitcoin is currently by far the most valuable and popular cryptocurrency, recently its price has skyrocketed over $50,000 per 1 BTC. Bitcoin may go even higher in price yet it can fall as well, so it might be not the best time to invest specifically into Bitcoin, there are lots of options to choose from.

We have prepared a list of the top 10 crypto coins to keep an eye on, as they all have great potential, and odds to be very profitable investments.

Number One — Ethereum (ETH)

Ethereum is a coin with the biggest market capitalization after Bitcoin. ETH runs on a decentralized platform and is operated by DApps (decentralized applications) and smart contracts, which makes the system fast and secure.

ETH was launched in 2015 and now has a market cap of a value of around 20% of Bitcoin. It may not sound impressive, yet is it around 200 billion US dollars. Ethereum coin is traded for about 1750$ as of February 2021. If the cryptocurrency market continues to grow and develop, ETH has awesome chances to remain viable and demanded.

Number Two — Litecoin (LTC)

Litecoin is one of the first cryptos in the world. It was referred to as “silver to Bitcoin’s gold”. LTC was created in 2011 by Charlie Lee, who has graduated from MIT and used to work for Google. Since then Litecoin was always in the list of the top 10 biggest cryptos in the world.

Litecoin’s system is completely decentralized and without any controlling authority but it is considered to be faster than Bitcoin because of more operations per second and shorter confirmation time on a transaction.

As of February 2021, LTC is traded $189 per coin and its market cap is 12,5 billion US dollars.

Number Three — Cardano (ADA)

Created by one of the founders of Ethereum Charles Hoskinson, Cardano is a very ambitious and scientifically-deep project with dozens of scientists and researchers involved in creating something clear, open, decentralized, and uncensorable.

Because of its same concept but technical advantages over Ethereum, some people call ADA “Ethereum killer”.

As of February 2021, ADA is traded $0.91 per coin and its market cap is 28,7 billion US dollars as is currently #4 in the biggest cryptos by market cap list.

Number Four — Polkadot (DOT)

Another cryptocurrency in our list was created by a co-founder of Ethereum. This time it’s Gavin Wood, that left his original project to create Polkadot and have its first ICO in 2017.

The creator used Ethereum as a core platform but also allowed people to create their blockchains on the Polkadot platform with added advanced security for such blockchains provided by the Polkadot themselves. In such a way, blockchain owners don’t have to worry about setting up security for the DOT coin.

As of February 2021, DOT is traded for almost $29 per coin and its market cap is 26,3 billion US dollars. It currently #5 in the biggest cryptos by market cap list.

Number Five — Bitcoin Cash (BCH)

This coin is known to be among the most successful modifications from the Bitcoin itself. As it usually occurs, the coin was created using a known model as a starting point (Bitcoin in our case) but with a slight improvement and alterations. It was created in 2017, as a competitor to BTC. Its main advantage over Bitcoin is in the size of blocks that are transferred throughout the blockchain. Genuine Bitcoin has a size of 1 megabyte, while BCH block is 8 times bigger (8 megabytes accordingly). Which allows processing eight times more transactions than the original platform.

As of February 2021, BCH is traded for around $192 per coin and its market cap is 12,7 billion US dollars. It stays now on position #8 in the list of the biggest altcoins by market cap.

Number Six — Stellar (XLM)

This project was created by Jed McCaleb and launched in 2014, with the primary purpose of facilitating the movement of big amounts of money. The amount of money that big trust funds would have to move in numerous days can now be done instantaneously, which Stellar how tries to popularize this altcoin. Quite a great solution, don’t you think so? Furthermore, the blockchain is open to anyone and XLM can be purchased on almost every exchange service out there. While Stellar is a platform name, the altcoin XLM is called Lumen.

As of February 2021, XLM is traded for $0.55 per coin and its market cap is 12.5 billion US dollars. It currently #10 in the biggest cryptos by market cap list.

Number Seven — Chainlink (LINK)

LINK and the Chainlink network was developed by Steve Ellis and Sergey Nazarov that launched its ICO in late 2017. Chainlink is a new-gen network that allows blockchains to link themselves with outside apps, Ethereum can’t perform trusted connections in such an advanced manner.

LINK has a maximum bid of 1 billion tokens. 35% of them were sold during the ICO in 2017. About 300 million are in the hands of the company that created the project. Unlike many other cryptocurrencies, LINK does not have a mining or stacking process, which increases its circulating supply it is also utterly decentralized.

As of February 2021, LINK is traded for $31 per coin and its market cap is 12.6 billion US dollars. It currently #9 in the biggest cryptos by market cap list.

Number Eight – Binance Coin (BNB)

This coin is used on Binance, the biggest cryptocurrency market on the Internet as a local currency that is used by users to pay for transaction expenses on the website.

BNB’s initial ICO was held in mid-2017 by Changpeng Zhao.

As of February 2021, BNB is traded for $134 per coin and its market cap is 21.1 billion US dollars. It currently #7 in the biggest cryptos by market cap list.

Number Nine — Tether (USDT)

This particular crypto coin is particular for its being a stable coin, which means that its value is bind to the value of something real, in our case USDT is linked to the US Dollar’s price.

1 coin — 1 dollar. This concept was created to facilitate exchanging cryptocurrencies in us dollars much easier and faster than before.

As of February 2021, USDT is traded for $1 per coin and its market cap is 31.1 billion US dollars. It currently #3 in the biggest cryptos by market cap list, just below Bitcoin and Ethereum.

Number Ten — Monero (XMR)

Monero was created in April 2014 by a group of cryptography and blockchain experts. XMR is considered to be one of the most secure and private coins that can be transferred untraceable. Because of its utter anonymity, Monero is very popular on black markets.

As of February 2021, XMR is traded for $202 per coin and its market cap is 3.6 billion US dollars. It currently #24 in the biggest cryptos by market cap list.

More on Finmax.com

<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Traders Ltd. He is an internationally recognized technical analyst, trader, and author of the book: 7 Steps to Win With Logic Through years of research, trading and helping individual traders around the world. He learned that many traders have great trading ideas, but they lack one thing, they struggle to execute trades in a systematic way for consistent results. Chris helps educate traders with a three-hour video course that can change your trading results for the better. His mission is to help his clients boost their trading performance while reducing market exposure and portfolio volatility. He has also been on the cover of AmalgaTrader Magazine, and featured in Futures Magazine, Gold-Eagle, Safe Haven,The Street, Kitco, Financial Sense, Dick Davis Investment Digest and dozens of other financial websites.
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow