– Going into the new year, many crypto enthusiasts wants to know the top 3 cryptocurrencies to invest in 2021
– There are many Cryptos promising greater returns for holders and investor at the turn of a new year.
– Here are our top picks for the year 2021 with two honourable mentions to add to your options.
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Bitcoin
Bitcoin closed 2020 in it strongest position, crossing the $20,000 milestone to reach an all-time high, thereby extending its year-to-date gain over 170 per cent.
Analysts share the same positive view with regards to bitcoin’s exploit for 2021 and beyond.
There is a growing demand from institutional investors and this is a major driver for bitcoin’s accelerated acceptance.
Traditional financial traders are looking for assets with low risk and high returns and cryptocurrency led by bitcoin seems like the best alternative.
Etherium
Etherium showed great promises over 2020 and the new year is set to be a lot better going by the prediction of cryto enthusiast.
For starters, etherium is the largest cryptocurrency after bitcoin with a market capitalization of over $68 billion. Between twelve months ago and now, etherium has moved about 380% selling at about $600 from the $125 it started the year with.
Etherium’s decentralised financial platform makes it attractive to many who prefers a non centralised network. It’s unique decentralised network makes it different from traditional banks and insurance corps.
Ripple
Ripple facilitates instant and free cross-border payment. It was setup as an alternative financial payments system drawing attraction from financial institutions.
Many global institutions now supports the Ripple Blockchain and it has been adopted in more than 40 countries and over 300 financial institution including JP Morgan and Bank of America.
Honourable Mentions: Litecoin, TRON,
We earlier reported that Amid increasing corporate interest, bitcoin, today moved over $20,000 for the first time and its highest
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