The Best Cryptocurrencies to Buy on the Market Right Now
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The best cryptocurrencies to buy on the market right now
What cryptocurrency should you pay attention to? Digital money quotes have declined, but there are plenty of options for making money on the market. We tell you about the most interesting of them
The leader of the crypto market is bitcoin. Even though the coin has risen in price by more than 80% in the fall, it remains interesting for trading. The asset is currently in an unstable position, but it can be short-circuited or leveraged in hopes of further growth.
The largest altcoin in terms of capitalization is interesting to buy at once for many reasons. One of the main ones is the imminent launch of ETH 2.0, which can positively affect the cost of ether.
Ripple’s token is still more than 90% below historical highs in value. This means that XRP has huge room for growth, which can be realized through the many partnerships of the San Francisco-based blockchain project.
In November, a hard fork took place on the Bitcoin Cash network, the chain split. Many people call this event extremely negative, as it once again showed the failure of the project and the disagreements in its community. But you can also make money on a decrease in the exchange rate, for this, there is a “short” tool.
One of the most profitable cryptocurrencies of 2020 is Chainlink. Its value has grown exponentially since the beginning of the year, but the DeFi industry continues to evolve and gain in popularity. This means that LINK still has room for further growth.
Digital silver from the world of cryptocurrencies – Litecoin. PayPal announced the addition of the coin, which may lead to an increased increase in demand for the asset and, as a result, an increase in its value (the emission of LTC is strictly limited, unlike the same American dollar).
One of the most interesting options for trading is the Uniswap decentralized exchange token. Now its price is almost two times lower than the maximum. Subject to the further development of the service and the growth in popularity of DeFi, the asset can show interesting growth rates.
One of the most popular DeFi projects of 2020 is Compound. Funds for $ 1.5 billion are blocked in its pools. Now the altcoin price is in the stage of correction, which means that the current levels can potentially be profitable for buying.
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