The 5 Hottest Cryptocurrencies Right Now
BUY! BUY! BUY!
Heard all the rage about cryptocurrencies and felt like you missed out? While many Americans feel that way, it’s definitely not too late to invest and you should start today if you are willing to take the risks.
Here are the 10 hottest cryptocurrencies you should consider investing in according to NasDaq:
- Bitcoin (BTC)
Current price according to Coin Market Cap – $42,851
Who doesn’t know about Bitcoin at this point. It is the original cryptocurrency and was created by an unidentified man who went by Satoshi Nakomoto in 2009.
2. Ethereum (ETH)
Current price according to Coin Market Cap – $2,942
Created by Vitalik Buterin in 2014, Ethereum runs on the Ethereum blockchain and operates smart contracts.
3. Stellar (XLM)
Current price according to Coin Market Cap – $0.751
Also founded in 2014, Stellar is an open source blockchain. The primary goal of Stellar is to enable cheap transactions in underdeveloped markets.
4. Binance Coin (BNB)
Current price according to Coin Market Cap – $345
Changpeng Zhao CEO and Founder of Binance, a leading exchange for cryptocurrency, created Binance coin and BNB’s main goal is to easily allow transactions on the Binance network.
5. Cardano (ADA)
Current price according to Coin Market Cap – $1.41
Created in 2015 by Charles Hoskinson, who also cofounded Ethereum, split with Ethereum creators and decided to make his own cryptocurrency over disagreements. What’s interesting about ADA is that it “is secured by a proof-of-stake protocol named Ouroboros, which runs both permissioned and permissionless blockchains.”
Other hot cryptos that didn’t make this list but are also worth a mention are: Dogecoin (DOGE), XRP (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Chainlink (LINK)
Cryptocurrency is very volatile and not nearly as stable as the stock market. Before investing make sure you do thorough research on how cryptocurrency works and only purchase crypto from trusted places like Coinbase, Binance, Robinhood, etc.
* Additional Disclaimer: All content provided by this newsletter is for informational and educational purposes only and is not meant to represent trade, investment, or healthcare recommendations.
