With the whole crypto rush and everyone buying crypto, the market became full of tens of thousands of new crypto tokens overnight. Unfortunately, out of all those cryptocurrencies, only a few actually provide some value to the customer and have some potential.
Most crypto advisors will recommend you stick to the old good – Bitcoin, and if you’d like to invest in something different than Bitcoin, let it be Etherium, but I completely cannot entirely agree. In my opinion, one should invest in everything they believe in. I personally cannot invest in Doge as I consider it doesn’t have any mission and will not help society in any way.
However, small cryptos may be the answer because if you successfully recognize that a company can offer great value and you catch its coin at the beginning only just like many did with Bitcoin, then the future will be sweet to you.
Did you know that now many online casino sites have been implementing cryptocurrencies as a payment method, meaning that you are now able to play the most popular online casino games with crypto rather than fiat on some of the most popular online casino sites such as the Miami Club casino meaning that you play with complete anonymity?
Now let’s look at what your options are and which ones are the most popular cryptocurrencies of the moment. We’ve done extensive quarterly research and created a rank list that lists the cryptocurrencies per their dollar volume and some other third-party crypto exchanges data.
I guess Bitcoin is one of the cryptocurrencies that doesn’t need an introduction in people’s eyes, keeping in mind that Bitcoin is the most respectable and popular cryptocurrency. Although, because of the high volatility of the coin over the years, experts still think it’s pretty early for BTC to be used as a digital payment system which was his primary goal.
Hopefully, we’ll get to that point too. Because if we look back to 2008 and compare how things were for the crypto world and how things are going now, we’ll get that in those 12 years, we’ve walked a long way. The most important thing that has happened to the whole crypto world is that some countries have started implementing crypto as an official currency alongside their fiat money. So, for example, that’s the case with El Salvador, who made a bitcoin legal tender as of June 9th, 2021.
ETH is an open-source blockchain of the Ethereum network that is the current number two of the crypto market. Ever since the cryptocurrency was created in 2013, the market cap and the price per token have grown whopping, with an all-time high of $4,168 per ETH token.
Ripple’s XRP is the faster and more efficient sibling to the traditional global payment system we already know. The token was created by the US Ripple Labs Inc., a currency exchange network and real-time gross settlement system.
The public blockchain platform, which is open-sourced and decentralized, has created its in-house cryptocurrency called ADA. The whole point with Ada is that it’s developed so that all P2P transactions would be facilitated.
Stellar was designed with one sole purpose in mind to be an open network that stores and encourages the free trade of digital currencies. Now, what is interesting is that aside from Stellar having its own in-house cryptocurrency named Lumen, better known as XLM, Stellar is designed and suitable for all kinds of digital currency trading.
However, there is a catch to all this. If you’d like to use Stellar to work with other cryptos rather than their in-house XLM, you’ll still need to own some just to be able to deal with other cryptocurrencies.
Now that you are familiar with the whole concept of crypto and the top 5 most popular cryptocurrencies worldwide, the next natural step would be to learn where you could buy them.
The 10 best crypto exchanges in 2021 has shown to be:
- The US Binance
- Bittrex Global
All those crypto exchange sites have something that makes them popular for example, CEX.IO is a good start for beginners in this crypto world, while Binance plays in some major leagues, and we wouldn’t be wrong if we said that Binance is the current leader among these top 10 crypto exchanges.