There are more than 7,000 cryptocurrencies on the market today. With such a broad range of cryptocurrencies to choose from, how do investors know which is the best cryptocurrency to invest in? From popular cryptocurrencies to lesser-known digital currencies, here are the best cryptocurrencies to buy in 2021
1. Bitcoin
In the past 24 hours, the value grew by 2.22%, adding to the total spike of 6.30% in the past week. Recovering well after the crash and tweets by Elon Musk rejecting Bitcoin payments for his company on the grounds of not being environmentally friendly, the 24-hour market cap volume is US$678,918, with 482,584 Bitcoins in circulation.
2. Ethereum
Ethereum’s price today is uS$2,581.94, an increase of 2.80% in 24 hours. The seven-day growth amounts to 6.90%, which is a result of its utility value. Compared to Bitcoin, Ethereum has more coins in circulation, about 901,387. It is the second-largest cryptocurrency which is dominating the market with a 24-hours market cap volume of US$299,371.
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3. Dogecoin
The meme-coin that rose to glory, thanks to Elon Musk, Dogecoin is still making news by staying relevant. Dogecoin’s price today is US$0.3634, growing rapidly by 8.49%. After facing some highs and lows, its value grew by 4.04% this week, with a 24-hour market cap of US$47,089.
4. Cardano
One of the most reliable altcoins in the market, Cardano is always among the top 5 cryptocurrencies of all time. Cardano’s price today is US$1.75, 1.60% growth within a day. Recovering from the crash, its value grew by 8.36% in the past 7-days. The investor’s favorite, Cardano’s circulating supply is 637,696.
5. Polkadot
Polkadot works on proof-of-stake cryptocurrency technology, unlike many other cryptos in the market. Its utility feature that allows an independent blockchain to share information, and creates decentralized apps have made this a promising cryptocurrency. Polkadot’s price today is US$23.70, after a 5.39% increase.
