8 Crypto Coins That Are Safe To Invest
With the meteoric surge in interest in cryptocurrency over the last several years, we’ve been inundated with conflicting information on how to use it and which ones to trust the most. It’s no longer just plain old Bitcoin; there is now a plethora of crypto tokens on the market.
Here are a few of the best and most trustworthy:
1. Bitcoin ($BTC)
Despite the emergence of thousands of other cryptocurrencies in recent years, Bitcoin remains the most widely used cryptocurrency in the world.
2. Ethereum ($ETH)
Ethereum’s value has soared from roughly $11 in 2015 to over $4400 in 2021, making it one of the most popular types of cryptocurrency in the world. It’s a dependable cryptocurrency and blockchain platform that many crypto traders rely on.
3. Binance Coin ($BNB)
Binance appears to be the world’s largest cryptocurrency exchange in terms of daily trading volume, with their coin gaining more than 530,000 percent in just four years.
4. Tether ($USDT)
Tether is a cryptocurrency known as a stablecoin since it was created with the goal of always maintaining a $1.00 value. Given how volatile the crypto market is, the stability of this coin appeals to some investors and traders.
5. Solana ($SOL)
Solana is a blockchain platform with SOL as its internal cryptocurrency. In terms of ease of use, experts consider it to be a long-term competitor to Ethereum. SOL’s pricing began at $0.77 in 2020 and rose to over $201.91 by 2021. That’s a significant increase.
6. Cardano ($ADA)
Cardano’s price was $2.01 in October 2021, a significant rise from just three years ago. Some users favor this cryptocurrency because it has a shorter transaction time, which might be a deal-breaker for many traders and investors.
7. Ripple ($XRP)
XRP is the Ripple cryptocurrency token, which has enjoyed a moderate but steady rise in value over the last four years. It is presently valued at $0.90.
8. Polkadot ($DOT)
Polkadot is one of the currencies expected to rise in value, according to crypto specialists. Polkadot is a network that connects several blockchains so that they may collaborate, and it is currently valued at $30.
These are the best crypto tokens according to experts. We do not advise you to make a purchase of any cryptocurrency. You’re advised to make your own investment decision based on your research.
I pen down crypto thoughts.