Top Cryptocurrencies To Invest in 2021
Cryptocurrencies: Despite the disadvantages of cryptocurrency, we, ve experienced some extreme volatility through exaggerated responses of a highly sensitive market, the cryptocurrency scene has been relatively stable in the past few months with much more room to grow. The beauty and fun of a retail investor is having the freedom to choose what you want to invest in as well as all the benefits that cryptocurrency brings.
It operates 24/7 a day and whole week. It means you can buy, sell or trade your assets at any time. If you invested a hundred dollars today and you needed it tomorrow for whatever reason, you can get it out almost instantly. To buy crypto, follow the crypto buying guides here
Moreover, one doesn’t need a lot of money to invest. You can even start by few bucks.
Let’s discuss few cryptocurrencies where we can invest. Bitcoin is the top one. It has a market cap of almost one trillion and is still ranked the number one most popular among the entire crypto network. If I had to choose one crypto to invest in for the rest of my life. It would still be bitcoin. It is the modern-day digital gold known for its key characteristics.
So arguably, many people actually believe that the ethereum has a much higher possibility of going to the moon than bitcoin does in its current state and this is because unlike bitcoin ethereum actually has a much more different goal. You can buy etherium directly via your local currency following p2p trades.
Chainlink is the link that connects blockchain technology to existing infrastructures. This cryptocurrency offers many many different benefits, but the one you need to focus on the most is this link provides reliable, tamper proofs inputs and outputs for complex smart contracts on any blockchain. Chainlink offers the link to existing infrastructures to that smart contract in this case. You can’t just assume that whenever someone swipes their membership, it’s gonna work automatically. There needs to be something in that place that connects both of them that is what chainlink is all about. So, currently, chainlink is at $27 at this time and has increased to 1289% in the past year.
Ecomi has two use cases, First is the utility token of the Vv nft ecosystem. If you’re into nfts and you believe that this is the space in the markets, where everyone is going to be in the next few years and there are many more other currencies that allow you to be on this trend before it’s too late. This cryptocurrency has deflationary nature meaning the token supply is removed from the market over time. Naturally, due to the laws of economics, a finite supply often entails higher value because of a lower supply. Currently, the ecomi is at 0.0098 cents.
This coin had a run-up of 200 this month and it might be a cryptocurrency that you have been seeing a stock twits like I have many times so, unlike most cryptocurrencies which are built off another network, Harmony was actually built from the ground up and addresses the issues of scalability, security, decentralization, and privacy by using sharding to optimize all of this. Sharding is essentially the organization of the blockchain structures, transactions, and validators to get a boost in performance. At its core, the harmony project focuses on solving the blockchain scalability issues of speed by creating a fast and open network of nodes operated and governed by a large community through sharding. So, the future of harmony is as bright as they have a ton of new partnerships and collaborations coming up this year. Right now, Harmony is around 15 cents. To buy most of these currencies, you may have to buy some other crypto to use on exchanges, if you’re from Pakistan, follow the crypto buying guide with PKR