Top 5 Cryptocurrencies to Invest In

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Did you know that right now, there are over 5,000 cryptocurrencies listed publicly? There could be even more out there that you don’t know about yet. Whether you are looking for the next big thing to invest in, or you want an altcoin to buy to diversify your existing portfolio, you need to learn all about the top cryptocurrency to invest in to make the right choices.  

The thing is, there isn’t just one type of cryptocurrency to buy. There are so many different ones out there and they all have a range of uses. It’s risky to invest in cryptocurrency, and yet investing in it can be great if you are looking to diversify your portfolio. You can hedge your risk and increase your chances of being first into the next hot thing. Some of the top cryptocurrency to invest in are all listed for you below! 

Bitcoin 

This is the cryptocurrency that’s most known to everyone. You don’t have to be part of blockchain technology to have heard of it. Bitcoin is known to be the king of crypto and it’s a global, digital cash that’s most highly recommended. It was created by Satoshi Nakamoto and it’s known as a volatile coin to invest in. As an investment, it’s smart because of its market share. 

Litecoin 

This is one of the first coins to come after Bitcoin popped into the market. It uses the same source-code as Bitcoin, and it’s got some technical changes to the code that makes it a much faster option than Bitcoin. Similarly to bitcoin, it is a global digital currency that’s also peer to peer. It was created by Charlie Lee, and it’s a very liquid asset. It comes with a large market cap, and it’s a more reliable coin than  some. 

See also  Is Bitcoin Still A Non-Obvious VC Investment?

Ethereum 

This was the first major project that popped onto the market that introduced smart contracts. These allow the developers to launch mobile applications on top of the blockchain. There are thousands of tokens that run on the Ethereum network, and these are tokens that started the first initial coin offering. Ethereum was founded by Vitalik Buterin and Joseph Lubin is known as a co-founder, too. It’s a highly liquid crypto option and it’s not hard to buy or sell it.  

Binance Coin 

Binance coins are utility tokens so they work differently to Litecoin or Bitcoin. This means that the value comes from how useful it is and whether there’s demand for its utility within the Binance system. Finance has Changpen Zhao as the CEO and the success achieved means that this is a coin that has blasted through the market. It’s one of the most liquid cryptocurrencies out there and it’s always highly ranked. 

Basic Attention Token 

This token is another utility token like Binance. This is used to tip content creators or anyone, really, that you can interact with online. You can choose to send one-time payments to specific people and you can even watch adverts and be rewarded in Basic Attention Tokens. Brendan Eich founded the Basic Attention Token, and he also helped to create Javascript and was a co-founder of Mozilla Firefox. 

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