Top 10 Cryptocurrencies to Invest in 2021

Last Updated by Ravinder 04-Mar-2021

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Cryptocurrencies or “Digital Gold” as they are referred to by wall street wizards are the highest yielding investments among investors. But then comes to the question of which are the best cryptocurrencies to invest in.

Don’t you worry anymore as today we have bought the list of top 10 cryptocurrencies to invest in 2021

1)  Bitcoin (BTC)

  • Year established: 2009

  • Market cap: $900 billion

  • Price per bitcoin: $48,931.50 

Bitcoin (BTC) is the first cryptocurrency launched in 2009 and since has been the most successful cryptocurrency to this date. BTC  has a two-thirds market share of the entire cryptocurrency market. Being a world no 1 cryptocurrency BTC become the first to be recognized at major global stock exchanges. 

The only major disadvantage of BTC is that it has a high transaction cost($12 per transaction) and takes 15 min for a transaction to clear which makes it hard to use as a day-to-day currency. Other than that BTC still remains the top choice to invest in cryptocurrency.

2) Ethereum (ETH) 

  • Year established: 2015

  • Market cap: $178 billion

  • Price per ethereum: $1553

Ethereum (ETH) being new to the cryptocurrency race has risen to the top rank only behind bitcoin(BTC). ETH’s advanced technology and ability to make smart contracts are the factors behind its continued rapid growth. ETH is considered a digital wallet like google pay or apple pay which makes it more suitable for day-to-day transactions.

Time taken for a transaction to clear is relatively fast(15 seconds) as compared to bitcoin(BTC) but the transaction fee still remains high. Its superior technology, ease to use and high security makes it a top choice for both investors and users. 

3) Cardano (ADA)

  • Year established: 2017

  • Market cap: $38 billion

  • Price per Cardano: $1.20

Cardano(ADA) is the most advanced third-generation cryptocurrency. It has a lot of upside potentials in 2021. ADA runs on the Cardano network which helps it to make smart contact while keeping track of payments like bitcoin and have fast transitions like ethereum.

ADA is the fastest growing cryptocurrency in the market as it only took less than 4 years to hit the market cap of $38 billion which is less than one-third the time BTC took for the same. 

4)Binance Coin (BNB)

  • Year established: 2017

  • Market cap: $37.9 billion

  • Price per Binance coin: $245

Binance coin(BNB) is a cryptocurrency from the Binance crypto exchange.  Binance crypto being the world’s largest crypto exchange with 1.4 million transactions per second since 2018. BNB has increased by 860% in just this year(2021) and become the cryptocurrency with the 4th largest market cap of almost $38 billion.

Investing in BNB comes with its own special perks like a special discount while paying at Binance crypto exchange with BNB.

5) TetherUS (USDT)

  • Year established: 2014

  • Market cap: $35 billion

  • Price per TetherUS: $1

TetherUS (USDT) is a totally different type of cryptocurrency. USDT’s crypto coins are liked with traditional currencies like UDS, euro, pound and yen.

USDT is more of a medium of exchange and mode of storage of value than a medium of investment. 

6) Polkadot (DOT)

  • Year established: 2017

  • Market cap: $34.4 billion

  • Price per Polkadot: $37.55

Polkadot (DOT) is third generation cryptocurrency similar to Cardano(ADA). The thing that makes Polkadot a desirable cryptocurrency is that it runs on multiple blockchains in parallel which solves the problem we face with bitcoin (BTC) which runs only on a single blockchain.