Hello our readers today’s post is about cryptocurrency, the top 7 Profitable Coins to Trade in 2021
WHAT IS CRYPTOCURRENCY
First of all, you have to be aware of the fact that cryptocurrency has no intrinsic value and hence has a high volatitity (its prices move aggressively up or down daily), and therefore consists of risky predictions.
Investing in cryptocurrency requires a strong belief that others will eventually buy it from you for even more. With this thought lingering at the back of your mind let’s take a look at the below carefully picked out coins from the well over 1000 coins that are currently in market as of March 2021.
The Best Top 7 Profitable Coins To Trade In 2021
Binance Coin (BNB)
Ripple also known as XRP is a centralized cryptocurrency that’s geared toward taking out the high costs of inter-bank transfers.
Approximate Market Cap: $13 billion
Year Launched : 2012
2020 Return: 16%
Cardano is the largest third-generation cryptocurrency, and it’s packed with plenty more upside potential
Approximate Market Cap: $8 billionYear Established: 2017
Cost Per Transaction: $0.07
2020 Return: 441%
An internet meme turned cryptocurrency, Dogecoin teaches the world about making money.
Approximate Market Cap: $1 billion
Year Established: 2013
Cost Per Transaction: $0.03
2020 Return: 118%
Ethereum is a relative newcomer that has risen up the ranks thanks to its superior technology and its ability to create “smart contracts.”
Approximate Market Cap: $100 billion
Year Established: 2015
Cost Per Transaction: $10
2020 Return: 470%
Bitcoin is the most widely adopted cryptocurrency. Although it’s not the most technologically advanced, it continues to lead the pack.
Approximate Market Cap: $600 billion
Cost Per Transaction: $15
2020 Return: 309%