There are 100 altcoins out there waiting for you to invest in them. However, investing in every altcoin is not advisable. If you know about these coins then you are good to go. But if you are new to this then this is the article for you. In this article, we will tell you everything you need to know about Altcoin. We will tell you about the Best Cryptocurrency to invest in 2021. So, let’s start.
What is Altcoin
Bitcoin is no doubt the king of cryptocurrencies. No one comes near it in the competition. And that is why every other crypto apart from bitcoin is called Altcoin. These altcoins can be Token cryptocurrencies, coins,s, and other things.
Best Cryptocurrency to invest
Ethereum is something that comes close to bitcoin. Well, saying close would be overestimating it but still, this is the second best cryptocurrency in the market. It has the market cap of $84,014,603,651. But since this is one of the most expensive coin if you are a beginner you should avoid it. But if you are already investing in cryptos then you should invest in this coin.
When it comes to the Best Cryptocurrency to invest Cardano holds second place in the list. If we see the history of this coin we will see that it is most volatile and not for everyone. But if you understand the market and willing to take risks then this is one of the coins worth investing in. As of now, it is trading for $1.3.
When it comes to celebrities indorsing cryptos you should go with it. Matt MacCall is someone who is showing strong faith in an altcoin. He recommended the coin back in January when the coin was trading for just $2. But pretty soon after that, it fluctuated to $11.67 dollars. Now I do not need to tell you how good this coin is when it comes to diversifying your portfolio.
When it comes to the Best Cryptocurrency to invest Ripple XRP is slowly making its place on the list. At this point, this is not something that is showing extra volatility. But till the end of 2021, we can assume that it is going to take its place in the market. As of now the coin is cheap to invest in and is proving to be a promising altcoin.
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