The best digital currencies for investment 2021 must be known to everyone who wants to enter the digital currency market, although there are more than 4000 digital currencies, but only a group of them retain a large value and volume of trading, in this article we review the most important currencies in the field of digital trading and what is related to each of them .
Best digital currencies to invest in 2021
There are a number of digital currencies whose marketing value is higher than the rest of the other currencies and is considered the best for those who wish to invest in this promising field, and the following are the most important of these currencies:
- Currency “Bitcoin”
Bitcoin first appeared in 2008 and began trading in 2009 and since then it has become among the most powerful and most popular currencies.
Bitcoin has a market value of around $2 trillion, and its token is BTC, which ranks first among cryptocurrencies.
- Ethereum coin
This currency appeared a little later than Bitcoin in 2013 by a programmer called Vitalik Buterin, and was actually launched in 2015 with 11 million coins ready for trading.
Ethereum is symbolized by ETH, and its market capitalization is close to $300 billion, equivalent to about $2,449.
- Binance Coin
It is considered among the best digital currencies for investment in 2021, equivalent to about $550 and a market value of $85 billion, and it has its own platform that has been operating in the market strongly for three years, the most famous platform named after its Chinese name Binance, which is now permanently operating from Japan.
Ripple is an abbreviation for the word open-source payment system, which is a trading currency only and nothing can be purchased with it, and its price is about two US dollars, and it has a high market value that exceeds 80 billion US dollars, and it first appeared in 2013 with funding from a group of big businessmen, but The currency was only circulated in 2018.
Despite this support from major investors, the currency initially did not achieve the desired success and lost about 65 percent of its value, but now it is rebounding significantly, and it occupies a leading position in the trading market.
- Cardano coin
Cardano is an open source currency that is constantly evolving to achieve the best, its price is equivalent to a dollar and a half, and it has a system that makes sure that all currency transactions are done correctly, and this system is unique in that it does not consume a lot of energy, and it is one of the best digital currencies for investment 2021
See also: Ways and Tips to Make Profit from Bitcoin
Digital currencies have a future
Among the digital currencies there is what has been linked to the value of the dollar, and among the most famous of these currencies is the “tether” currency that first appeared in 2014 in Britain, and its price is parallel to the price of the dollar and it rises and falls with it, and the manufacturer has linked it to the dollar through a special technology that follows Its present value.
The market value of Tether is high and close to 50 billion US dollars, which is a flexible and ever-evolving system developed by Tether in cooperation with “Bitfinex”.
Among the most important currencies that also have a future and are considered among the best digital currencies to invest in 2021 is the litecoin currency that appeared in the year 2011 and was invented by one of the former Google engineers.
Litecoin is named after the silver coin and its price is high, close to 300 US dollars, and it is very similar to Bitcoin in many things, hence the name as Bitcoin is the gold currency.
There is also the Dogecoin currency, whose beginning seemed to be a joke when its creator posted his picture with a dog as a logo, but the currency was widely circulated starting in 2015 as its circulation exceeded one hundred billion pieces, which greatly increased the value of the currency in the market until it exceeded three hundred million dollars. While Bitcoin is only up 4 percent, Dogecoin is up close to 50 percent through 2021.
This was a presentation of a group of the best digital currencies for investment 2021, among which Bitcoin ranks first, whether in appearance, value or trading, but there are still many competing currencies that have a high marketing value for those who wish to invest in any.
See also: Top 10 Tips to Get Started in Cryptocurrency Trading