What Is The Best Cryptocurrency To Invest In 2021?

With a plethora of options available for investments in cryptocurrencies, it may become a bit difficult to select the best cryptocurrency to invest in 2021. But we have you covered. Based on present performance and other indices, the following are the top crypto assets to invest in this year.

Stellar Lumen (XLM)

Stellar and its native cryptocurrency Lumen (XLM) has had an interesting story so far this year. That’s because its co-founder Jed McCaleb is also a co-founder of troubled Ripple (XRP). But that’s as far as its relationship with Ripple goes. Stellar has been operating within the confines of the law, and no legal issue is expected with the token.

Having said that, the cryptocurrency has been performing great this year, and many investors have tipped it to perform exceptionally well this year.

One of the biggest strengths of Chainlink is its complexity. While several other cryptocurrencies run on a single blockchain, Chainlink runs on multiple blockchains for smart contracts. As a result, it will be very solid to power heavier applications. There is no doubt that Chainlink will remain very valuable in the future and the price will increase as well. The token has been very steady, and there are expectations it will become one of the best performing cryptocurrencies in 2021.

Cardano (ADA)

Cardano has been in the news lately not only because of its price upsurge but due to the update expected on its platform this year.

Many investors are looking at Cardano as the next big cryptocurrency to explode. As a result, the demand for this token is gradually increasing. If you’re looking for the right token to give you enough profits this year, there are good reasons to try Cardano (ADA).

Polkadot (DOT)

Like Cardano, many investors have high expectations of Polkadot because of the solidity of the projects of the developers. Apart from the signal given by its developers, social media influence and a more favorable stance by the Polkadot community have given this token unique importance.

Many investors regard Polkadot as a more technologically advanced investment because of the simplicity of the platform. More investors are getting convinced that the Polkadot (DOT) token will explode and it’s a good thing to consider this coin for your next investment.

Several other cryptocurrencies are doing well at the moment. But these four above have strong projects backing them and have been tipped to provide real long-term value even beyond 2021

Leave a Reply

Your email address will not be published.

Related Articles
Read More

Bitcoin ETFs vs. Blockchain ETFs

ETFs, or exchange-traded funds, track the price of an asset or group of assets – in our case, a particular digital coin. So what's the difference between buying a Bitcoin and buying Bitcoin ETF? First, trading the latter is relatively easy: to do so, you...
Read More

Blockster Weekly Cryptocurrency Update

Recent Price Action Bitcoin – For the first time since mid-November, Bitcoin managed to generate a sustainable weekly advance. More importantly, BTC closed above the critical price level at $39,713 (Chart #1). Therefore, the short-term chart pattern has turned bullish. However, it’s much too early...
Total
0
Share