3- Binance Coin
Binance coin was introduced by the world's most famous crypto exchanging platform Binance in 2017. It is limited to only 200 million units. It has a market value of over $70 billion, and every second around 1.4 million transitions are taking place. It has increased massively in recent times. It is used to pay the trading fees on exchanging platforms, can be used for payment processing, and you can even pay for travel management. You can trade BNB for ethereum and bitcoins.
There is an increase of almost 419,000% in Binance coin price. At launch, it cost only 0.10$. Now, in 2021, it has a value of nearly $419 and is trending upwards. Binance Coin is a good investment in 2021. However, BNB has a high probability of surpassing its current ATH this year, which is about $339.94.
4- Cardano
Cardano was launched in 2017 by the co-founder of ethereum. It has a market worth of almost $64 billion. Cardano uses a proof of stake protocol which uses a minimal amount of energy and is environment friendly. It also enables smart contracts and applications. Various stores and companies accept this coin. Due to this, the price is increasing day by day.
This coin is very affordable and gives a balanced amount of profit in this golden age of cryptocurrency. This coin also has significantly fewer transaction fees and is very flexible. This coin's worth has increased by 10,000%. When it was launched, it only cost $0.02, and now the worth of this coin is $2.11 and increasing with the growing world. Cryptocurrency analysts say there are many chances for Cardano to increase.
5- XRP
Xrp was introduced by Ripple labs in 2012. Xrp is a blockchain-based payment protocol as a native cryptocurrency. Its current market value is over $52 billion. The cost per transaction of XRP is very nominal. The primary use of xrp is payment settlement and asset exchange. Its demand is increasing daily, and they are very hard to buy as Ripple plans to release 1 million Xrp tokens each month. Xrp coins are pre-mined, which makes xrp more demanding.
In 2017, the price of the xrp was just $0.006, and today after a rise of almost 19,000%, its cost is $1.14$, and it is increasing. My bet for the year would be on XRP if I was allowed to pick only one cryptocurrency. In 2021, XRP is predicted to have a 10x growth potential.
6- Litecoin
Litecoin was introduced in 2011 by the former Google engineer and MIT Graduate. It has a market value of almost $10.1 billion. Litecoin uses an open-source global payment network that is not controlled by any organization or authority. When it was launched, due to its price increase, it was considered as "silver to BTC gold." It has a speedy transaction confirmation time.
Around five years ago, the litecoin worth was approximately 60 US dollars, and now, in the present, it's worth is about $174. Experts say it will reach $500 in 2025. It is obvious that Litecoin will rise further and will certainly be a fierce competitor for other cryptocurrencies. In any case, LTC is unlikely to reach its all-time high of $412.96 and is more likely to stay below $300.
7- Monero
Monero was introduced in 2014, and this cryptocurrency is private and untraceable. The transitions are anonymous—the market value of over $12.8 billion. Monero has earned some notoriety due to its untraceable transaction capability which some unscrupulous elements have used for illegal activities. Still, precisely because of that ability to offer privacy, may people consider it very important, and it’s worth is expected to continue to grow with time. This coin is accepted in many banks. This coin was formed on donations and with the help of the community.
In 2014, its value was $2.47, and at the present time, its single token price is almost $158.37. And it is estimated that it will reach almost $900 in 2025. If you are thinking of investing in a monero coin, then it is said that it will increase by 137%. Due to its lower price, you don't need to spend a lot of money to get started.
8- Tether
Tether was introduced by co-founders Brock Pierce, Reeve Collins, and Craig Sellars in 2014. It has a market value of almost $24.4 billion, and it is considered in the group of so-called stable coins. It is regarded as a stable coin as it is based on US dollars, and it is risk-free. It increases with the increase in the worth of the US dollar. By using this cryptocurrency, users can complete their transactions using blockchain technology. It almost minimizes the complexity of using them than other cryptocurrencies, and it is easy to convert them to US dollars.
Right now, the price of the tether is almost 1 dollar per unit, but it is estimated that it will end at around $3 in the year 2025. If you want to invest in this coin, then a lot of time and patience will be required for getting a huge profit.
9- Bitcoin Cash
BCH was introduced by Craig Wright in 2017 due to a dispute with bitcoin regarding the size of the block. Bitcoin has 1 MB size of the block, and Bitcoin Cash has 8MB size block. It has a market value of $8.9 billion. It uses blockchain technology. Many famous and known companies like PayPal, subway, Starbucks, etc., accept bitcoin cash as a payment method.
The price of one unit of bitcoin cash is around $618, and it is estimated that it will increase to around $319,000 by the end of the year 2025. So investing in bitcoin cash is a good option as it is used as the payment option in many countries, and it is getting mobilized in public as bitcoin.
10- Polkadot (DOT)
Gavin Wood introduced Polkadot in 2016. The market value of the Polkadot coin was over $25 billion. The Polkadot coin aimed to connect the different blockchains so that everyone works together. In this network, the users can control their data and own security.
The current price of a polkadot coin is around $33, but it can reach $500 in the next five years. It is even predicted that Polkadot's price may go towards $75 by 2022 since it will have its own blockchain platform and will transition from Ethereum to get enlisted in the major cryptocurrency exchanges.
Conclusion
In the article above, I have reviewed the top 10 cryptocurrencies that you should invest in right now, because they probably have the best potential to produce maximum profits for the investors in the long term. We also touched briefly on their history, and how they have been profitable in recent years. As always, do your own due diligence before you invest in any of these crypto coins or tokens. To learn about the best crypto exchanges for US citizens, click here. Your investment is important.
Remember that crypto is a very risky investment. To assess your level of risk tolerance and decide whether crypto investing is right for you, be sure to read this article first.
