The world of digital assets is growing fast. New virtual currencies are emerging almost every day. The market capitalization of all digital tokens currently stands at a whopping $420 billion, which means that the cryptocurrency market is now larger than the value of McDonald’s or Nike. That being said, choosing the right virtual currency to invest in can be a challenge if you’re new to this space. Meme coins are becoming increasingly popular as online users develop new ways to express themselves through images and words known as ‘memes’. Many so-called meme coins have proven to be profitable investments for savvy traders. Here is the complete list of top cryptocurrency coins you should consider investing in before they take off.
1) Bitcoin (BTC)
At the time of writing, Bitcoin is the most valuable digital asset in the world. It’s also the oldest, having first appeared in 2009. The BTC blockchain network is a decentralized peer-to-peer payment system. Bitcoin was designed to be a digital store of value, as well as a means of payment.
If you’re looking for a secure investment with a low risk of losing your investment, then Bitcoin would be a good choice. The price of Bitcoin has been pretty stable since its inception and has only experienced significant volatility in a few major market crashes. If you’re looking to diversify, there’s a small but growing number of Initial Coin Offerings that accept Bitcoin as payment.
2) Ethereum (ETH)
Ethereum is a blockchain network and virtual machine (VM) that hosts a decentralized application platform and a programming language. ETH is the native cryptocurrency that powers the Ethereum network. Ethereum was created as a way to manage and automate decentralized apps, smart contracts, and other services. Because of its versatility, Ethereum has become one of the most popular crypto networks in the world, behind Bitcoin. Ethereum has also become a popular choice for companies looking to host their Initial Coin Offerings. Ethereum’s price has grown steadily for the past couple of years, but it has also been prone to major volatility during market crashes. If you’re looking for a stable investment, Ethereum would not be a good choice.
3) Ripple (XRP)
Ripple is a blockchain-based decentralized payment network. XRP is the native cryptocurrency that powers the Ripple network. Ripple is a centralized payment network that offers fast, cheap, and reliable cross-border payments. Ripple has attracted partnerships with major banks, including Santander and American Express. Ripple’s price has seen steady growth since it first appeared on the market, and it has only experienced significant volatility during major market crashes. Ripple is a good choice for anyone looking for a stable investment that is less volatile than other major cryptocurrencies. Ripple has also become a popular choice for businesses looking to host their Initial Coin Offerings.
4) Litecoin (LTC)
Litecoin is a blockchain network and virtual currency designed to be a lighter version of Bitcoin. LTC is currently the fourth most valuable digital currency. Litecoin was launched in 2011 as an alternative to Bitcoin. Litecoin was designed as a cheaper, faster, and more efficient payment network than Bitcoin. Since then, Litecoin has been adopted by businesses as a payment network. Litecoin is currently one of the most stable digital assets, with only a small number of major fluctuations since its creation. Litecoin is a good choice for anyone looking for stability combined with moderate growth potential.
5) Stellar (XLM)
Stellar is a decentralized blockchain payment network that is primarily used by banks and other financial institutions to facilitate cross-border payments. Stellar Lumens (XML) is the native cryptocurrency that powers the Stellar network. Stellar was created as a cheaper, faster, and more efficient version of Ripple. It is currently being used by major banks and financial institutions to facilitate cross-border payments. Stellar’s price has grown steadily since it first appeared on the market, and it has only experienced significant volatility during major market crashes. Stellar is a good choice for anyone looking for a stable investment that is less volatile than other major cryptocurrencies.
6) Cardano (ADA)
Cardano is a decentralized blockchain project that is designing a new implementation of the decentralized ledger. ADA is the native cryptocurrency that powers the Cardano network. Cardano was created as a next-generation blockchain network that can integrate various distributed ledger technologies. Stellar’s price has grown steadily since it first appeared on the market, and it has only experienced significant volatility during major market crashes. Cardano is a good choice for anyone looking for a stable investment that is less volatile than other major cryptocurrencies. Cardano’s ADA token is also used by an increasing number of businesses as a payment method.
7) Bitcoin Cash (BCH)
Bitcoin Cash is a forked version of the original Bitcoin blockchain that was created in 2017. BCH is the native cryptocurrency that powers the Bitcoin Cash network. Billionaire investor and financier George Soros has called Bitcoin Cash “a financial bubble” and a “typical bubble which is hoping to make as much money as possible”. Billionaire investor Michael Novogratz has called Bitcoin Cash a “legitimate currency”. The price of Bitcoin Cash has grown steadily since it was created. It has only experienced significant volatility during major market crashes. Bitcoin Cash would be a good choice for anyone looking for a stable investment that is less volatile than other major cryptocurrencies.
8) IOTA (MIOTA)
IOTA is a decentralized blockchain network designed to function as an Internet of Things (IoT) network. MIOTA is the native cryptocurrency that powers the IOTA network. IOTA was created to be a distributed ledger network that can support machines in the management of data and payments. IOTA’s price has grown steadily since it first appeared on the market, and it has only experienced significant volatility during major market crashes. IOTA is a good choice for anyone looking for a stable investment that is less volatile than other major cryptocurrencies. IOTA is being used by major corporations and organizations, such as Bosch, Fujitsu, and Volkswagen, as a payment method for IoT services.
9) NEM (XEM)
NEM is a decentralized blockchain network designed for peer-to-peer transactions. XEM is the native cryptocurrency that powers the NEM network. NEM was created as an improved version of Bitcoin. It was designed to be cheaper, faster, and more secure than the original Bitcoin network. NEM’s price has grown steadily since it first appeared on the market, and it has only experienced significant volatility during major market crashes. NEM is a good choice for anyone looking for a stable investment that is less volatile than other major cryptocurrencies. NEM is being used by a growing number of businesses as a payment method.
Also Refer : The ETHW team plans to continue developing the Ethereum PoW branch after the Merge.
