what crypto to buy 2021

Cryptocurrency markets remain notoriously volatile, and predicting which coins will outperform others in 2021 is a daunting task. With that said, there are certain coins and tokens that have a higher likelihood of delivering strong returns in 2021 and beyond.

Bitcoin (BTC) is currently the world’s most valuable cryptocurrency and is the only virtual asset to ever reach the trillion-dollar market cap. The cost to produce a single Bitcoin, or “mining” it, has steadily increased over the past few years, making it an ever-scarcer commodity. As the world moves towards digital payments and global crypto adoption grows, BTC’s utility is on an impressive and consistent rise.

Ethereum (ETH) is the second biggest and most powerful cryptocurrency, after Bitcoin. It was founded by Russian-Canadian programmer Vitalik Buterin in 2015, and it is the first publicly available blockchain capable of supporting user-created assets and smart contracts, or automated rules which can be used to facilitate many kinds of digital transactions. Since the launch of Ethereum, many commercial and non-commercial applications have been built on the Ethereum network, making it the go-to network for blockchain projects looking for accessibility and scalability.

Ripple (XRP) is another top-performer in the cryptocurrency space. It is the native token of the Ripple Labs platform, an open-source, peer-to-peer payment network. XRP tokens can be used to facilitate payments to other Ripple users, and Ripple is developing its payment platform with an eye towards reducing the cost of international fund transfers. The ripple network can process thousands of transactions per second, outperforming both the Visa and Mastercard networks. Furthermore, some of the largest financial institutions in the world have partnered with Ripple, making it a key player in the world of global finance.

Tron (TRX) is yet another cryptocurrency that has gained traction in recent months. Tron was founded by Justin Sun, former Chief Operating Officer of the China-backed startup Ripple Labs. TRX is the native token of the Tron blockchain, and it has been adopted by leading decentralized apps (DApps) and exchanges. The Tron platform has become known for its decentralised finance (DeFi) services such as decentralized exchanges, lending protocols, and automated market makers. As its popularity increases, more developers are drawn to the Tron ecosystem, leaving open the possibility that TRX could be one of the strongest crypto investments of 2021.

Finally, we have Litecoin (LTC). Founded by Charlie Lee in 2011, Litecoin is a clone of Bitcoin which shares many of the same features and capabilities. The key difference between Bitcoin and Litecoin is that Litecoin’s block times are four times faster. This means that LiteCoin transactions confirm faster and that its network can handle greater transaction volume than Bitcoin. This makes it an attractive option for merchants looking for a faster and cheaper way to process payments. Furthermore, its short block times make it more resistant to hacking and double spend attacks, making it a secure option for long-term storage and investment.

So there you have it, five of the top cryptocurrencies to consider buying in 2021. Bitcoin is the reigning king of crypto, with Ethereum having the potential to possibly overtake it in the near future. Ripple can be a great asset for those looking to make global payments, while Tron and Litecoin are suitable for traders and investors looking for more closely paired assets. Whichever coins you decide to purchase, always do your research and invest wisely. Good luck!