- What are cryptocurrencies?
- How to invest in cryptos?
- How to choose the best cryptos?
Cryptos are digital assets that use cryptography to prevent them from being double-spend or counterfeited. These digital assets have no central authorities, depend on blockchain technology, and require no intermediary to occur transactions. There are several types of cryptos available, and BTC is pure crypto among them; there are altcoins, security tokens, meme coins, silver-backed crypto, stablecoins, etc.
There are several ways to invest in cryptocurrencies, and this marketplace enables several ways to generate profits, including trading, investing, staking and lending, mining, etc. Whatever approach you follow, it is mandatory to have a crypto wallet first.
However, when choosing the best cryptocurrency, it is worth checking on pricing history, project vision, team, community, technology, utility, scalability, availability, etc.
What will five cryptos be bigger than Bitcoin?
Bitcoin is the pure cryptocurrency and the most successful coin in the crypto industry. This success of BTC led many other cryptocurrencies to join the marketplace. Many of them have the same functionalities, and some may differ or overcome the lackings of BTC. For more than twelve years, BTC has remained the king of cryptocurrencies. No coin can beat or near the market capitalization of BTC. Still, these coins may have a long way to go as these cryptocurrencies are often less volatile, offer faster transactions, and are more sustainable. With the evolution of technology, these coins have the potential that may eventually replace BTC in the future. Here is the list of the top five that stand a chance:
- Ethereum (ETH)
- Ripple (XRP)
- Stellar (XLM)
- Cardano (ADA)
- Lucky Block (LBLOCK)
Why will Ethereum be bigger than Bitcoin?
It is the second-largest crypto in the crypto industry, only next to BTC according to market capitalization. Vitalik Buterin first described this platform in a whitepaper in 2013, and the officially launching period of this platform is 2015. This platform, Ethereum, has a total of eight co-founders.
Let’s look at the basic info of ETH at a glance:
- Current price: $3089.72
- 24-H volume: $17,234,593,148
- Live market cap: $371,615,975,058
- Circulating supply: 120,362,075.62 ETH
- Total supply: 120,362,076 ETH
- Max supply: not available
Why does this crypto have potential?
This open-source blockchain protocol also works as a platform for many other cryptocurrencies and dApps, introducing smart contracts, the game-changer, and a piece of code that runs on the blockchain. These features make this blockchain and its native token an attractive investing asset.
What is the perspective of ETH?
This crypto already made a peak near $4868 last year, and many crypto analysts predict the price can reach near $6500-$7500 by Dec 2022.
Why will Ripple be bigger than Bitcoin?
Ripple is an exchange and payment platform that offers cheaper and faster money transfers than traditional banks. The foundation period of this company is 2012.
Let’s look at the basic info of XRP at a glance:
- Current price: $0.7218
- 24-H volume: $1,862,549,512
- Live market cap: $34,776,837,396
- Circulating supply: 48.14B XRP
- Total supply: 99,989,613,982 XRP
- Max supply: 100,000,000,000 XRP
Why does this crypto have potential?
XRP is a cheaper, faster, and energy-efficient coin that may grow in the future.
What is the perspective of XRP?
Many crypto analysts anticipate the price per XRP coin can reach near $50 in five years.
Why will Stellar be bigger than Bitcoin?
Steller is an open network that allows individuals to store and transfer money. The first release date of this platform is 2014. The native token of this platform is Lumen (XLM).
Let’s look at the basic info of XLM at a glance:
- Current price: $0.1960
- 24-H volume: $273,467,559
- Live market cap: $4,855,469,574
- Circulating supply: 24.74B XLM
- Total supply: 50,001,787,922 XLM
- Max supply: 50,001,806,812 XLM
Why does this crypto have potential?
XLM offers a secure environment, faster transactions, and low fees.
What is the perspective of XLM?
Many crypto analysts anticipate the average price of XLP might hit above $2.4 in the next few years.
Why will Cardano be bigger than Bitcoin?
Cardano is a POS blockchain platform with a vision to bring positive change to the world for visionaries, innovators, and changemakers.
Let’s look at the basic info of ADA at a glance:
- Current price: $0.972
- 24-H volume: $824,809,961
- Live market cap: $32,802,279,119
- Circulating supply: 33.75B ADA
- Total supply: 34,277,702,082 ADA
- Max supply: 45,000,000,000 ADA
Why does this crypto have potential?
We reckon Cardano (ADA) is the only crypto with a research-driven approach and scientific philosophy.
What is the perspective of ADA?
Many crypto analysts anticipate the price per ADA token can hit near $4.38 within the next five-year period. This token already made a high near $3 in 2021.
Why will Lucky Block be bigger than Bitcoin?
It is the fastest-growing blockchain that seeks to revolutionize the lottery industry. Binance Smart Chain hosts this platform and is rapidly growing, and LBLOCK is the native token of this platform.
Let’s look at the basic info of LBLOCK at a glance:
- Current price: $0.0023
- 24-H volume: $608,453
- Live market cap: $88,888,338
- Circulating supply: 37.23B LBLOCK
- Total supply: 100,000,000,000 LBLOCK
- Max supply: 100,000,000,000 LBLOCK
Why does this crypto have potential?
This platform seeks to introduce a moderate technology that might increase each person’s chances of winning, involving more transparency and reducing draw times. Additionally, this token has a built-in burn rate that may limit the supply amount and trigger demand.
What is the perspective of LBLOCK?
The growth rate suggests this token might soon hit the previous peak of $0.009 and reach higher within the next few years.
Final thought
Finally, these are the top potential cryptos; remember, cryptos are new financial market products compared to the traditional forex or stock market. Therefore, these assets involve volatility risks, and we suggest investing as much as you can afford.