Top 5 cryptocurrencies

Bitcoin
Bitcoin
  • Bitcoin / Ticker: BTC

Bitcoin is the oldest and most know cryptocurrency on the market. Everyone knows or has heard at least a few times about bitcoin. Bitcoin market capitalization is $333 billion as of writing this article and it represents more than 66% of the whole cryptocurrency market. BTC is considered by analysts to replace gold as an asset that can store value. The Biggest advantage of bitcoin is huge liquidity and that it’s one of the safest assets. Right now the price of BTC is going up like crazy and it’s a great time to ride that momentum. Considering the latest news that PayPal has added BTC to its platform some analysts are saying the price might be going up to $50k by the end of the year. BTC has added whooping 120% to its value during the last year.

Etherium

Ethereum
  • Ethereum / Ticker: ETH

One of the main reasons why Bitcoin and Blockchain have become so popular is the idea of decentralization. Ethereum, the second cryptocurrency by popularity takes the idea of decentralization very seriously. The biggest advantage of Ethereum is the bleeding edge tech behind it. Ethereum team has created a platform that is being used by other cryptocurrency projects as well. It’s one of the most influential cryptos that is being traded for only $470 now. We are waiting for Ethereum 2.0 update that might give ETH a huge upside potential.  Ethereum has grown by almost 270% since the beginning of 2020.

XRP
XRP
  •  Ripple / Ticker: XRP

XRP is one of the cheapest but at the same time one of the most promising cryptocurrency for investors. It has a great technology behind it and the Ripple team is working on expanding day and night. Last year Ripple started a partnership with MoneyGram, the remittances giant, and Ripple Seniors still have ambitious plans. IF everything goes as planned XRP might be a blessing to investors who get it right now when it is pretty cheap.

Cardano
Cardano
  • Cardano / Ticker: ADA

Cardano is one of the newest cryptos on this list. It has entered the market in 2015 and it has been doing pretty well since then. ADA is considered to be 3rd generation cryptocurrency, it`s based on a specific system of 2 blockchain systems working together, which allows it to process both regular transactions and smart contracts separately without being slowed down. This gives Cardano huge scalability potential and investors have already invested more than $3.3 billion in it. ADA has already gained more than 250% during last year and considering that it only costs around 10 cents as of writing this article you can easily stock up on it and wait for your investments to rise

Chainlink
Chainlink
  • Chainlink / Ticker: Link

And last but not least we have Chainlink`s Link token on our list. Besides Chainlink’s explosive popularity the reason why we are putting it here is that the team behind Chainlink is working on solving real problems that blockchain and smart contracts are facing. They have come up with an amazing way how to validate data for smart contracts and already have partnerships with such companies as Google, Intel and they are expanding their network rapidly. Chainlink has the potential to disrupt huge industries such as transport, telecommunication, weather, healthcare, finance, insurance, gambling industries, governance methods, and much more.  At the time of writing this article, LINK is the 5th largest crypto by market capitalization (more than $5 billion) and it has gained more than 750%  just this year.

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