In Investing, there are many cryptocurrencies that are good but, in this blog post we are going to talk about the top best cryptocurrency to invest in. If you’re looking for an article that can tell you and make your mind for the best investment in cryptocurrency then you’re on the right page. Continue reading. Let’s dive in.
Key Points
- Bitcoin is the original cryptocurrency that was launched in 2009.
- There are thousands of currencies to trade in the market.
- Most of the cryptocurrencies hold a very small market capitalization.
1. Bitcoin (BTC)
Market cap: $1trillion
Year-over-Year return: 202%
Bitcoin is the number one top best cryptocurrency to invest in the marketplace. It has been 14 years since the bitcoin creation, but still Bitcoin is the most popular and valuable cryptocurrency for investors in the world. Bitcoin was first created by a person or a group of people using the pseudonym Satoshi Nakamoto. After the creation of Bitcoin, blockchain, decentralized transaction and verification started. That’s how people started to think about digital security and currency.
Bitcoin runs on a blockchain and was ledger logging system distributed on thousands of computers. BTC is a digital asset based on blockchain technology a digital currency. In ay 2016, you could buy 1 Bitcoin around $500 but now in 2024 you can buy 1 Bitcoin around $52,283. The price of Bitcoin is increasing day by day and it is the best cryptocurrency to invest. From its creation to till, Bitcoin is the number one top cryptocurrency for investors.
2. Ethereum (ETH)
Market cap: $356.7 billion
Ethereum comes on the second-best cryptocurrency to invest. Depending on the blockchain technology and digital currency, Ethereum is favorite currency of program developers because of its potential application. Ethereum price is also going on day by day. Ethereum is also an expensive currency. From April 2016 to the end of 2023, the rate of Ethereum increased about $11 to around $2968.
Ethereum was launched in the month of July 2015. It is the most valuable and cryptocurrency other than the bitcoin. Ethereum is now another greener investment other than bitcoin.
3. Tether (USDT)
Market cap: $97.7billion
Tether is the third nest cryptocurrency to invest. Tether is a stable coin, and it is not like other coins. The value of Tether is almost consistent, and it doesn’t increase or decrease as compared to the other coins. It is unique than all other cryptocurrencies but still it is valuable. Tether (USDT) is a stable coin, and it is best for those investors who are wary of the extreme volatility of their coins.
Conclusion:
In conclusion, the top cryptocurrency to invest is Bitcoin (BTC). Bitcoin is rising in value, and it is very profitable for investors. Many investors are trading, and they are investing bitcoin due to rise in its value.
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