Cryptocurrencies have brought in a new revolution in the digital business world. They have changed industry dynamics and brought in new opportunities for individuals and organizations to invest in. The number of cryptocurrency investors is growing at a steady rate all over the globe. Let’s take a look at what cryptocurrencies you should invest in.
Here are the four best cryptocurrencies to invest in:
1. Bitcoin
Bitcoin is one of the most prominent and leading players in the cryptocurrency market. Bitcoin works as a decentralized digital currency that is sent from user to user on the peer-to-peer bitcoin network without involving any intermediaries. Bitcoin is considered “the King of Crypto with a market capitalization of $1.01 trillion.
Bitcoin prices surpassed all records in February 2021, with a single bitcoin valued in excess of $50,000. Crypto expert, Anthony Scaramucci, has predicted that bitcoin might be able to hit $100,000 by the end of 2021.
2. Chainlink ($LINK)
Chainlink (LINK) is a popular Ethereum token that powers the Chainlink decentralized oracle network (DON). Chainlink is a cryptocurrency that aims at incentivizing a global network of computers to provide reliable, real-world data to smart contracts running on top of blockchains.
Chainlink is a good option for cryptocurrency investors, as at the start of 2021, Chainlink garnered a surge from an $11 low to an all-time high of $36.9.
3. Tron ($TRX)
$TRON was founded by the TRON foundation and is currently one of the most promising projects in the news these days. The CEO of TRON, Justin Sun, was part of the “Forbes 30 Under 30 in 2017.”
TRON is built on the foundation of providing a costless, worldwide digital entertainment network that enables users to distribute and share content readily and inexpensively.
As listed on TRON’s website, some of the heavy-weight core partners of TRON include Poloniex, Samsung, BitTorrent, Swisscom Blockchain, and Opera. It holds more dApps than Ethereum, which is the reason why various investors have speculated that TRON is forecasted to be a lucrative investment choice in 2021.
4. Uniswap ($UNI)
Uniswap is a foremost decentralized cryptocurrency running on Ethereum blockchain. Uniswap works on an automated liquidity protocol, which allows exchange traders to become liquidity providers.
4000 UNI tokens were airdropped and made available to previous Uniswap users during September 2020. These free tokens are now standing at a jaw-dropping $12,000. This makes Uniswap a promising cryptocurrency to watch out for in 2021.
Conclusion
Investing in cryptocurrencies is definitely the next big thing for investors who are looking to invest in a high-profit yielding business opportunity. You need to follow the latest market trends and stay on top of your game to be successful in the industry.
For more information regarding cryptocurrencies and the best investment opportunities, get in touch with our experts.