Modern technology has changed the way of payments, with many people interested in going for digital currencies. Cryptocurrency is gaining momentum, crossing the borders of traditional currencies and the attention of many retail investors.
Looking at the volatility and the current market trends, it becomes difficult for many persons to select the best cryptocurrency for multiple benefits. Currently, there are more than 7,000 different cryptocurrencies that make things more confusing.
All you need is the best selection of cryptocurrencies with an effective exchange platform like Coinbase. Hence, it is vital to get the details about the latest trending cryptocurrencies.
Table of Contents
Bitcoin
Bitcoin remains the undisputed market leader since its revelation in cryptocurrencies. It has a market capitalization of more than one trillion US dollars in April 2021 and enjoys the highest pricing of 60,000 US dollars.
Bitcoin can be considered the cryptocurrency market ruler with more than 45% of its hold. It enjoys a worldwide acceptance that is still a dream for many other cryptocurrencies.
Bitcoin Cash (BCH)
Bitcoin Cash (BCH) is a new version of bitcoin introduced in August 2017. It aims to reduce the specific amount of data required in each bitcoin block.
Bitcoin Cash (BCH) is synonymous with low transaction fees, quick and frequent transactions, and blocks that can store up to 8 MB of data. It started trading at 50 US Dollars but recently earned up to 1,500 US dollars.
Thus, Bitcoin Cash (BCH) is one of the promising cryptocurrencies of 2021. You may learn more from the online videos, and convert them using YouTube to mp3 for a better understanding of the cryptocurrencies world.
Cosmos
Cosmos Hub (ATOM) has one of the lowest carbon footprints in the available cryptocurrencies. It secures more than 120 billion US dollars’ digital assets and presents ATOM as its native coin. The best reasons to go for Cosmos (ATOM) include a network-specified decentralized exchange beneficial for multiple cryptocurrency holders. It is associated with excellent rewards to all dealers.
Dogecoin (DOGE)
Dogecoin (DOGE) is the talk of the town as it recently became the fourth-largest cryptocurrency based on its great market cap. Its actual value remains less than a dollar due to large circulation, while the market cap has surged by 13,000% in the current year.
There are currently 129 million Dogecoin (DOGE) already circulated globally, while the popular bitcoin has a capping of 21 million coins in circulation. You may find Facebook influencers to look for the latest Dogecoin (DOGE) trends.
Ethereum (ETC)
Ethereum (ETC) gas revolutionized the cryptocurrency markets. It aims to decentralize the servers and replace them with a global node system. The cryptocurrency exchanged on Ethereum (ETC) is called ether. It enjoys a market cap of 400 billion US dollars. The non-fungible tokens, decentralized finance are some of the great features of the Ethereum (ETC) platform.
Compound (COMP)
Compound (COMP) comes as a lending platform on Ethereum (ETC). It eliminates the requirements to sell their crypto assets and determines the governance functions like collateralization ratios, interest rates, etc.
Where do you trade these currencies?
Online cryptocurrency exchanges are platforms that make it easy for just about anyone to buy and sell crypto. Coinbase and Kraken are two key crypto exchanges, among others, where you can invest in a range of cryptocurrencies as well as sell off your existing assets.
So, have you planned to invest in any of the above cryptocurrencies? Do it now and start earning potentially with mindful investments.