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What are the most profitable cryptocurrencies to invest in 2021?
Since the beginning of the pandemic in 2020, the world of cryptocurrency has had a historic rise. Many people have opted for a very diverse landscape, where any crypto can rise or fall according to its stability. Above all as a method of investment, savings, payment and transactions, cryptocurrencies have managed to break through the interest of everyone. However, when we hear the word cryptocurrency, Bitcoin or Ethereum automatically comes to mind, but did you know that there are more cryptocurrencies in which you can invest? Therefore, if you have decided to make your way into this world, before making your investment it is necessary to know all the alternatives from which to choose. Here we will show you which are the most profitable cryptocurrencies for the last quarter of 2021
BTC has always been the most profitable and known by investors, becoming the main cryptocurrency in the world. In this 2021, a high trend is forecast for these cryptocurrencies that promises to triple the investments of many. Analysts say that this is the right time to make investments and buy your assets, to wait for the moment of the rise and see the positive results.
Over the years, Ethereum has become the second most widely known and used cryptocurrency. However, it is used as a business network instead of storing or saving some money. Furthermore, its value and popularity has increased since the creation of Axie Infinity, which uses its platform to fund its tokens in and out of the game.
However, it should be taken into account that today the commissions for each transaction in Ethereum are very high. Depending on the complexity of a transaction, the value of the commission can reach 60 dollars or more. So analyze what you want to use crypto for, and avoid inconveniences with high amounts in commissions.
3. Ripple XRP
This is another cryptocurrency that annually increases in popularity and is more accepted. It is known for facilitating international transfers of Fiat currencies, and improving their efficiency with low commission prices. What provides the most security is its support by various banks since it was first launched. Thanks to the increase in popularity, and due to the fact that more than 1,000 transactions are carried out per second, it is very likely that it will become a traditional financial system. Which we can all enjoy whenever we want.
This is a very ambitious project that aims to incorporate virtual currencies into the internet of things. It does not work with the well-known blockchain technology, but is based on the Tangle technology. Which is considered much faster, lighter and more scalable than the blockchain. In addition, it will facilitate the micro-transactions carried out between connected devices at no additional cost, always protecting the integrity of the shared information.
Launched in 2014, it is very similar to Ethereum since it is a platform where smart contracts are made. Its main objective since its launch was to offer an improvement for Ethereum, by using a much more sophisticated blockchain technology. Many investors even consider it a better and more stable platform than Ethereum. But Ethereum's age and positioning fail to get it out of the No. 2 spot, as the world's best cryptocurrency.
On the other hand, it is worth mentioning the cryptocurrencies that have had a higher profitability in 2021 in which new investors can double or keep their profits as a permanent asset.
· Aave: Profitability of + 6398.22%
Kusama: Profitability of + 5222.37%
Celsius Network: Profitability of + 3843.88%
Band Protocol: Profitability of + 2850.66%
Theta Token: Profitability of + 2299.39%
Reserve Rights: Profitability of + 2,138.28%
Loopring: Profitability of + 1939.66%
THORChain: Profitability of + 1797.66%
SwissBorg: Profitability of + 1669.58%
Zilliga: Profitability of + 1,454.44%
Despite the evolution that any virtual currency may have, we must bear in mind that it is a very volatile market. There may be exponential increases, as well as total price crashes. However they continue to be the market of the future, and as long as you pay attention to the statistics, everything points to obtaining exponential profits in the long term.