Crypto is a little tricky to choose for investment. With the wide variety of emerging companies, you will need a little guidance. Here are the top ten cryptocurrencies for you.
Market cap: Over $641 billion
Bitcoin was supposedly created in 2009 by Satoshi Nakamoto. This is a commonly heard name in almost every household after the boom which recently took place. With a 6,300% increase in the past five years, prices have hiked by a considerable margin. This is kept safe from being stolen by cryptographic puzzles and through blockchain coverages. Your investment is safe and valued.
Market cap: Over $307 billion
Ethereum is an excellent investment that experienced tremendous growth of 22,000%. It went from $11 to a little over $2,500. This is a great platform that protects the user’s investment with NFTs. Moreover, this platform makes execution for customers easier and extensively safe.
Market cap: Over $62 billion
For people who like consistency and want a stable investment, Tether is the one for you. This is supported by currencies such as the U.S dollar and the Euro. Furthermore, Tether keeps things constant and consistent, and it does not seem to vary from time to time and has good value.
Binance Coin (BNB)
Market cap: Over $56 billion
Binance is a great trading option. It makes things so much easier for you to trade when it comes to buying cryptocurrency, paying bills, and exchanging the prior for cryptocurrencies such as Bitcoin and Ethereum. The company has risen to the best from $0.10 to $350 with a 350,000% increase.
Market cap: Over $51 billion
Cardano is one of the first cryptocurrencies which has adopted the proof-of-stake source. This cuts down on the work that is involved in proving investments that the investors buy. Most cryptos still use the proof-of-work process, which requires more energy and time investments and is not equally efficient. Cardano saves money and energy and is much more economically efficient. This is powered by ADA and distributes contracts based on these.
It has had a 7,400% increase going from $0.02 to $1.50 in the period from 2017 to the June of 2021.
Market cap: Over $44 billion
Dogecoin was not supposed to become as prominent as it did. It started as the month’s joke and was the center of attention for many memes, and it became a laughing stock. However, this made the currency boom, and it gained a 159,900% increase going from a price of $0.0002 to $0.32 from 2017 to June 2021.
The flaw in this is the unlimited supply. An unlimited amount can be created, which means it may have a chance of devaluation if supply increases the demand.
Market cap: Over $40 billion
XRP shares the same founder as the company Ripple. This is a company that operates digitally and can be used to facilitate payments and can be used to exchange regular currencies as well as crypto. A great company that has experienced a good and substantial rise of 15,233%, going from a mere $0.006 to $0.92. These comparisons are made from the early months of 2017 to June of 2021.
USD Coin (USDC)
Market cap: Over $23 billion
To ease the process of over-border transactions, you can have USD coins. This has a comparative ratio with the USDC and is backed up by the U.S dollar, making it a stable coin. The comparison with USDC is 1 – 1.
Market cap: Over $21 billion
A very recently launched company, PolkaDot, started in September 2020 and has seen good growth in June 2021 of 615%. Going from $2.93 to an impressive $20.95. The company aims to combine the blockchains used to register the investments, which will make it easier to manage each transaction and connect each network.
Market cap: Over $13 billion
Uniswap works as an open global platform and makes it easier for the exchangers to use codes for their exchanges. This works on an automated liquidity exchange and does not require a physical or digital outlet for exchange. This operation started in 2020 and has seen a 5,025% increase from $0.48 to $24.60.
With all that being said, if you want to buy bitcoin in Pakistan or any other cryptocurrency, please reach out to us. All of our transactions are fast and hassle-free. After all, C4Changer is the number one digital currency exchange in Pakistan. To sum things up, if you require any further information, visit our website.