Ten of the best cryptocurrencies to invest this October weekend





From Bitcoin and Ethereum to Dogecoin and Tether, there are many diverse options in cryptocurrency which can make it overwhelming when you are new to crypto and can be a big headache for you to choose the right one. platform to invest in. To help you with your course, at Analytics Insight, we’ve brought you the ten best cryptocurrencies you should consider investing this weekend.

1. Bitcoin (BTC)

Market capitalization: over US $ 821 billion

Created in 2009 by someone under the pseudonym Satoshi Nakamoto, Bitcoin (BTC) is the very first cryptocurrency ever to be created. Likewise, just like most cryptocurrencies, BTC operates on a blockchain, or ledger journaling exchange transaction scattered across a chain of thousands of computers. Since any further additions to the released ledgers must be verified by tackling a crypto conundrum, a cycle known as proof of work, Bitcoin is secure and protected from fraudsters.

The price of Bitcoin has skyrocketed as it has become a household name. Five years ago, you could buy Bitcoin for around US $ 500. As of September 30, 2021, the cost of a single Bitcoin was over US $ 43,000. That’s the development of about 8,600%.

2. Ethereum (ETH)

Market capitalization: over US $ 353 billion

Both a cryptocurrency and blockchain platform, Ethereum is the first choice of program developers in light of its possible applications and is something that runs naturally when conditions are met and tokens non-fungible. (NFT).

Ethereum has also experienced colossal development. In just five years, its cost has dropped from around US $ 11 to almost US $ 3,000, gradually over 27,000%.

3. Tie (USDT)

• Market capitalization: more than 68 billion US dollars

Unlike some types of cryptocurrency, Tether is a stablecoin, which means that it is backed by fiat currencies like the US dollar and the euro and speculatively retains an equivalent value in one of these sections. Theoretically, this implies that the value of Tether should be more reliable than other cryptocurrencies, and it is supported by many investors who are careful with the outrageous instability of different coins.

4. Cardano (ADA)

Market capitalization: over US $ 67 billion

Fairly late on the crypto scene, Cardano stood out with its initial proof-of-stake approval movement. This technique facilitates the exchange time and decreases the energy consumption and the natural effect by eliminating the serious and critical part of the exchange confirmation present in platforms like Bitcoin. Cardano also works like Ethereum to authorize smart contracts and decentralized applications, which are controlled by ADA, its local coin.

Cardano’s ADA token has seen generally very modest development compared to other major crypto coins. In 2017, the cost of ADA was $ 0.02. As of September 30, 2021, its cost was US $ 2.10. This is an expansion of over 10,500%.

5. Binance Coin (BNB)

Market capitalization: over 64 billion US dollars

Binance Coin is a type of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges on the planet.

Since its launch in 2017, Binance Coin has gone beyond simply working with transactions on Binance’s exchange platform. At present, it can very well be used for exchange, payment processing or, in any case, travel reservation. It can also be traded or traded for different types of cryptocurrencies, like Ethereum or Bitcoin.

Its cost in 2017 was only $ 0.10; by September 30, 2021, it had reached over US $ 382, ​​an addition of over 382,000%.

6.XRP (XRP)

Market capitalization: over $ 44 billion

Created by some of the same founders as Ripple, a digital technology and payment processing company, XRP can be used on this network to facilitate the trading of different types of currencies, including fiat currencies and other major cryptocurrencies. .

At the start of 2017, the price of XRP was $ 0.006. As of September 30, 2021, its price reached US $ 0.94, an increase of over 15,700%.

7. Solana (SOL)

Market capitalization: over US $ 41 billion

Created to help boost the uses of Decentralized Money (DeFi), Decentralized Applications (DApps), and Smart Agreements, Solana runs on an interesting mix of proof of stake and history verification systems that help her. quickly prepare exchanges / transactions. and in complete safety. SOL, Solana’s native token, powers the platform.

Launched in 2020, the cost of SOL started at US $ 0.77. As of August 2021, its cost was almost US $ 140, an addition of about 18,000%.

8. USD coin (USDC)

Market capitalization: over US $ 31 billion

Like Tether, USD Coin (USDC) is a stablecoin, which means that it is backed by US dollars and focuses on a proportion of 1 USD to 1 USDC. USDC is powered by Ethereum, and you can use USD Coin to complete exchanges and transactions around the world.

9. Polkadot (POINT)

Market capitalization: over US $ 28 billion

Cryptocurrencies can use multiple blockchains; Polkadot (and its crypto namesake) intends to coordinate them by creating a cryptocurrency network that associates the different blockchains so that they can cooperate and work together. This combination could change the way cryptocurrencies are supervised and has sparked notable development since Polkadot launched in 2020. Between September 2020 and September 30, 2021, its cost increased 872%, from $ 2.93 at $ 25.61.

10. Dogecoin (DOGE)

Market capitalization: over US $ 26 billion

Dogecoin has been an interesting question as big names and extremely wealthy people like Elon Musk are interested in this cryptocurrency. Largely started as a joke in 2013, Dogecoin quickly evolved into a notable crypto option, on a dedicated local area account and innovative memes. Unlike many other cryptos, like Bitcoin, there is no restriction on the amount of Dogecoins that can be crafted, making money vulnerable to degradation as supply increases.

The cost of Dogecoin in 2017 was 0.0002 USD. As of September 30, 2021, its cost was $ 0.20, an increase of 101,800%.




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