Page Nav

HIDE

Grid

GRID_STYLE

Trending News

latest

Best Top 10 Cryptocurrencies To Invest In 2021

The crypto industry is full of traders who are making money on the world's trading exchanges. Even big corporations such as GIFA Holding...

The crypto industry is full of traders who are making money on the world's trading exchanges. Even big corporations such as GIFA Holding Ltd and popular brands like Facebook, Inc have taken notice too, and now are investing in cryptocurrency. In fact, some of the companies developed their own coins. This indicates that the crypto market is booming, and everyone wants a share of it. 

To help our readers, Science Techniz has researched and compared various trading exchanges and ping them together with ''New and Old'' to find out which ones are the best to make daily profits for the crypto enthusiasts. Some exchanges have been long in the industry while others are the newcomers entering the market with accelerating momentum to displace the predecessors. In arriving at this finding of selecting the Best Top 10 Cryptocurrencies to Invest in 2021 Science Techniz used different criteria based on the exchange's performances, security features, market prices, values, supply demands, stock market and etc to ensure that investors don't lose their money in cryptocurrency investment. 

There are many trading systems and coins out there, but the truth is that they aren't all work the same. Some don't work at all, while others are mediocre. Anyone can invest in cryptocurrency and the best way is to make a well-informed decision before putting your hard-earned money in the volatile market. 

Before we go further, let us take a closer look at some of these alternative altcoins to Bitcoin, the term ''altcoin'' broadly, defined as virtual or digital money which takes the form of tokens or “coins.” While some cryptocurrencies have ventured into the physical world using crypto credit cards, digital wallets, pawnshops, ATMs, and accepted by merchants auto dealers as means of payment but the large majority of them remain entirely intangible.

Ten Contenders for the Best Crypto to Buy for 2021

  1. Bitcoin (BTC) = $33,000
  2. Ethereum (ETH) = $1,355
  3. Bitcoin Cash (BCH) = $407.99
  4. Litecoin (LTC) = $131.34
  5. Binance Coin (BNB) = $42.89
  6. Chainlink (LINK) = $22.55
  7. GIFA Token (GIFX) = $5.65
  8. Ripple (XRP) = 0.487
  9. Cardano [ADA] = $0.35
  10. Libra (LC) = $0.18

1. Bitcoin (BTC)

Bitcoin has not just been a trendsetter, ushering in a wave of cryptocurrencies built on a decentralized peer-to-peer network, it’s become the de facto standard for cryptocurrencies, inspiring an ever-growing legion of followers and spinoffs.

The closest thing you'll get to a blue-chip cryptocurrency, Bitcoin has dominated the market since the first bitcoins were mined in January 2009 – but that doesn't mean it has always been smooth sailing. Bitcoin prices hit a high of around $20,000 in December 2017 before collapsing in 2018, reaching a bottom at $3,234 by the end of that year. 

Since then, however, Bitcoin has enjoyed a comeback as prices surged to more than $40,000 in January 2021 for a market cap of more than $1 trillion – meaning bitcoins accounted for more than 69% of the cryptocurrency market. Bitcoin has its fair share of volatility, as prices have pulled back since hitting this high, but being the biggest name in crypto gives it a worldwide acceptance that lesser-known rivals don't have, arguably making it the best cryptocurrency to buy for investors new to the asset class.

2. Ethereum (ETH)

Ethereum is one of the oldest cryptocurrencies. It is the second-largest cryptocurrency both in terms of market share and popularity, second only to Bitcoin. Ethereum's goal is to decentralize the internet by replacing servers with a worldwide system of nodes, creating "one computer for the entire world." Ethereum is a software platform based on blockchain technology in which users can exchange a cryptocurrency called ether.  

The Ethereum platform uses smart contracts to enable users to carry out secure transactions. Ethereum’s native currency, Ether, is not capped, making Ethereum much more scalable than its peers. However, experts believe two main factors will drive Ethereum’s growth. These are the imminent arrival of Ethereum 2.0 and Decentralized finance.

Ether has become one of the most popular cryptocurrencies in the world, with a market cap approaching $139 billion that puts it second only to Bitcoin in market share. But the real draw is the platform itself, which has become wildly popular as a host for other cryptocurrencies – in other words, not only do investors profit from one of the best and most popular cryptocurrencies on the market, but also from the wider uses of Ethereum itself.

3. Bitcoin Cash (BCH)

Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017. Cryptocurrencies like Bitcoin are predicated on blockchain technology, which stores information about crypto transactions within "blocks" of data that can contain 1 megabyte of data. As the currency grew more popular, these data blocks filled up, slowing down bitcoin transactions and increasing transaction fees. 

Some Bitcoin developers proposed a solution that would effectively reduce the amount of data needed in each block, but others believed this would compromise the integrity of the cryptocurrency – so they created their own version of Bitcoin in August 2017 and called it Bitcoin Cash. 

Bitcoin Cash has blocks that can store 8 MB of data, allowing for faster and more frequent transactions with lower fees. Bitcoin Cash may be newer and less popular than its predecessor, but its scalability means it has incredible potential for growth and puts it in the running for the best cryptocurrency.

4. Litecoin (LTC)

Litecoin is a peer-to-peer cryptocurrency that operates under the MIT/X11 license. Cryptocurrencies tend to seem obscure and complex to those who don't understand the underlying technology, but Litecoin was created to help fix that. In fact, founder Charlie Lee wanted to create the "lite" version of Bitcoin and develop a cryptocurrency that could play the role of "silver to Bitcoin's gold." Lee did just that with Litecoin in 2011, creating a cryptocurrency that adopted many of the best features of Bitcoin with some twists. 

For instance, while bitcoin transactions take about 10 minutes to confirm, litecoin transactions are far faster, taking less than three minutes. In addition, while it takes specialized hardware and impressive raw computing power for users to mine bitcoin, Litecoin has much lower system requirements – in fact, ordinary PCs are capable of mining for it. Faster and easier is a powerful combination for users and investors alike.

5. Binance Coin (BNB)

Like Ethereum, Binance Coin is much more than a cryptocurrency – as a matter of fact, Binance Coin was originally hosted on Ethereum until the Binance decentralized exchange, or DEX, went online in 2017. The Binance DEX is a platform much like Ethereum, albeit with a different mission. The Binance DEX is a decentralized platform where users can not only buy and sell binance coins but also use BNB to convert other cryptocurrencies from one to another. 

This has made the Binance DEX the biggest cryptocurrency exchange on the planet by volume and has helped fuel the popularity of the digital asset. Most importantly, the Binance DEX offers a discount to users who pay transaction fees on the exchange with BNB – a smart strategy that keeps users on the platform and helps sustain Binance Coin's growth.

6. Chainlink (LINK)

Chainlink developed by Sergey Nazarov, in 2017 the founder of the Smartcontracts.com domain movement. The Ethereum platform is predicated on smart contracts or agreements between two parties on a blockchain network with the transaction recorded in blocks of data. The problem is that these transactions can only occur on a platform like Ethereum, and they need some way to draw real-world data into the platform in order to execute smart contracts when certain conditions are met. 

The solution is data providers called oracles, and while several crypto platforms have created ways for oracles to retrieve data for their network. However, Chainlink has come up with a reputation system that guarantees the data is accurate, ensuring the validity of smart contracts. Once an oracle's data is verified, they are paid with Link, Chainlink's cryptocurrency of choice. This system builds confidence in the platform, and the growing popularity of decentralized finance, or DeFi, helps make Link a contender for the best cryptocurrency.

7. GIFA Token (GIFX)

GIFX exchange (GIFA Token) is a domicile in Northern Cyprus that wholly managed by GIFA Inc, and GIFA Holding Ltd. The corporate-backed crypto entered the market in 2020 on $1.00 (USD) as a starting price and so far has raised about $100 million (USD) in the 1st ICO Phase that ended on 9th January 2021. GIFX exchange's rate is not fixed and varies from time to time according to the supply and demand that governs cryptocurrency trading. GIFA exchange provides its users with a secured ecosystem and allows them to derive the best value from their investments. GIFA Token provides users with the opportunity to invest and also able to transfer funds across the globe using the digital wallet.

GIFA platform features a multi-currency exchange and wallet all-in-one place that proves beneficial for all types of users - new and veteran. This trading platform enables users to buy and sell a variety of cryptocurrencies easily on its platform include Bitcoin. The exchange services also support cross-platform functionality. This way, the user can access trading services on their Android and iOS devices as well.

8. Ripple (XRP)

Ripple is a real-time gross settlement system, currency exchange, and remittance network created by Ripple Labs Inc., a US-based technology company. Ripple was the pinnacle of the crypto market along with bitcoin and ethereum, however, its demand declined following the lawsuit brought against the exchange by the SEC in December 2020. 

As of 2021 January 31, Sunday current price of XRP is $0.396 and our data indicates that the asset price has been stagnating for the past 1 year (or since its inception). Xrp has been showing a declining tendency so we believe that similar market segments were mildly popular in the given time frame. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if XRP could be a good portfolio addition for the future. 

These predictions take several variables into account such as volume changes, price changes, market cycles, similar coins. The future price of the asset is predicted at $0.483167 (-61.325% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth $38.675 on 2022 January 31, Monday. This means that this asset is suited as a new addition to your portfolio as trading in bullish markets is always a lot easier. We have confidence that XRP will explode in the future. 

Meanwhile Tether, a cryptocurrency that issued by Tether Limited it also fit to be in this list. However, the token formerly was claimed to be backed by one United States dollar, but on 14 March 2019 they changed the statement to include loans from affiliate companies and later stated it, gold. We have catehorised Tether differently. Dispite its big name and high rank in the crypto market as according to CoinMarketCap

9. Cardano [ADA]

Cardano is a cryptocurrency exchange and an open-source project that aims to run a public blockchain platform for smart contracts. Cardano's internal cryptocurrency is called Ada. The development of the project is overseen and supervised by the Cardano Foundation based in Zug, Switzerland. The platform began development in 2015 and was launched in 2017 by Charles Hoskinson, a co-founder of Ethereum. 

Cardano is a blockchain platform for changemakers, innovators, and visionaries, with the tools and technologies required to create possibilities for the many, as well as the few, and bring about positive global change. Atypically, Cardano does not have a white paper. Instead, it uses design principles intended to soothing issues faced by other cryptocurrencies, such as scalability, interoperability, and regulatory compliance. It is funded by an initial coin offering.

10. Libra (LC

Libra is a blockchain-based payment system proposed by the American social media company Facebook, Inc which expected to be launched this year 2021. The plan also includes a private currency that will be implemented as a cryptocurrency ''Libra'' for the company. Although the currency and network are not yet traded. It really worths an eye, especially for the institutional investors who looking for investment opportunities in the fast-growing industry. 

The launch was originally planned to be in 2020, but Facebook has announced that the official launch was delayed due to some technicalities and regulatory issues. Facebook further stated that each of their partners will inject an initial US$10 million so that the Libra coin has full asset backing the crypto on the day it opens.  Libra is said to be a stable coin in a contrast to cryptocurrencies such as bitcoin which uses permissionless blockchains.