Top Ten (10) Best Safest Crypto Currencies to Invest in And Make Massive Profit in 2021
Have you been searching for best penny cryptocurrency to invest in june 2021, next cryptocurrency to explode 2021, best cryptocurrency to invest in 2021 for long-term, best altcoins to invest in 2021, new cryptocurrency release 2021, best cryptocurrency to invest in 2021 for short term, best cheap cryptocurrency to invest in 2021, best cryptocurrency to invest in july 2021? Then this article is for you.
Read on as we review the best, profitable and safe crypto currencies to invest in in 2021.
So, if you are planning to invest in cryptocurrencies anytime this 2021, we are here to help you. Keep a close watch on these cryptocurrencies during this month of June, July, down to December.
Cryptocurrency is the new trend and the whole world is going crypto-way. According to reports, a huge number of people have started to start investing in some cryptocurrencies this year and right now there are more than a thousand cryptocurrencies which makes it a very difficult decision in picking the right coin, in order not to encounter too much losses.
To invest in a cryptocurrency one needs a source to buy the cryptocurrencies–either through cryptocurrency exchanges or other sources like PayPal.
Looking for Shitcoins? Here is a a list of Best Shitcoins for 2021
Below are some of the best crypto currencies to invest in that gives high returns and low risks.
- Chainlink (LINK)
- Basic Attention Token
- Bitcoin Cash
- Binance Coin
- Dodge Coin
1. Chainlink (LINK)
Chainlink coin is among the affordable crypto which is attracting a lot of traders in the market. As it is increasing steadily in value, there is huge potential for growth. Its USP is that it is a low-risk investment with a low value but its price is not low enough to make it a penny stock.
If Bitcoin is the gold of cryptocurrencies then the Litecoin is silver as it is among the first ones. With a market cap of US$2.59B has a lot of potential and it supports faster transactions compared to Bitcoin.
3. Basic Attention Token
BAT has been pretty consistent in such a volatile market. In 2018 and 2019, the price of one BAT was in the stable range, symbolic of its future potential. For the most part. Basic Attention Token is used as a utility token on the Brave browser, which saw a rise in adoption since 2019. All this makes BAT one of the most trending cryptos.
One of the oldest and most popular cryptocurrencies, BitTorrent has more than 100 million users to date. The technology behind BitTorrent allows content developers to interact with their audience, allowing them to earn and spend this cryptocurrency without third-party involvement. There talks going around that BitTorrent and Tron will start a new venture, which is hyping the value of this digital coin.
Bitcoin is ‘the king of all cryptocurrencies, as it is the first of its kind with the highest liquidity value. This crypto coin aims to become a fully decentralized, global, peer-to-peer digital cash with no regulations. In a volatile crypto market, Bitcoin is the most stable one. The cryptocurrency has marked growth of 276% in the last year alone.
China has banned the mining of bitcoin owing to environmental concerns and its climate change goal. Bitcoin is also seeing a continuous decline after Weibo, a Chinese social media service blocked some crypto influencers’ accounts from its site.
Ethereum was the first crypto coin to introduce smart contracts that allowed developers to create desktop and mobile decentralized applications powered by blockchain technology. Ethereum has maintained its position in the top cryptocurrencies of all time ever since. That makes the chances of it being stable for a long time higher.
7. Bitcoin Cash
Bitcoin Cash, the spin-off or altcoin of Bitcoin is performing well in the market recently. Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as ‘peer-to-peer electronic cash.’ First developed in December 2017 as a result of a hard fork with Bitcoin to increase the number of transactions that could be processed, Bitcoin Cash was created to enhance Bitcoin’s ability. Even though Bitcoin and Bitcoin Cash works on the same technology, Bitcoin Cash has unique variations that make it stand out from the cryptocurrency crowd
8. Binance Coin
Binance Coin, the cryptocurrency issued by Binance exchange, initially ran on the Ethereum blockchain and later evolved to become the native coin of the Binance chain. Even though the digital currency’s price continues to grind higher, it is struggling to break the US$433 mark. Unfortunately, Binance Coin also suffered the storm of Bitcoin and Elon break-up with the market sharply falling by over 15%. However, the cryptocurrency has recovered most of its losses recently and is maintaining stable growth.
Started as a joke token and who itself a Dogecoin Killer surged while major altcoins are tumbling in the crypto market. SHIB has gathered huge attention and has emerged as one of the favored choices of investors.
9 Dodge Coin
Dogecoin emerged in 2013 as a joke. It was created by Jackson Palmer and Billy Markus to satirize the growth of altcoins by making the doge internet meme into a cryptocurrency. While it was birthed as a joke, it actually led to some practicality as its large supply and low price facilitated efficient micro-tipping content on social media. It is a derivative of Luckycoin which forked from Litecoin and uses a Scrypt algorithm. Dogecoin has 1 minute block intervals making it faster than other blockchains.
The live Dogecoin price today is $0.217987 USD with a 24-hour trading volume of $3,337,421,442 USD. Dogecoin is down 18.12% in the last 24 hours. The current CoinMarketCap ranking is #7, with a live market cap of $28,363,627,130 USD. It has a circulating supply of 130,115,982,363 DOGE coins and the max. supply is not available.
Shiba hit its all-time high in May and since then has plummeted and remained on almost the same level. As per Santiment, the reason Shiba Inu performed so well in May was that investors believed it would be the next Doge.
SHIB is 5% down after yesterday’s crash. A few days back Shiba Inu saw a 30% swing when its CoinBase Pro listing was announced.
CoinBase Pro tweeted on June 16: “We are experiencing technical issues that will temporarily delay the launch of SHIB on Coinbase Pro. “At this time we are disabling deposits of SHIB; withdrawals are still available.
Price rebound soon?
Shiba Inu is surging, on the other hand, Bitcoin is still trying to break through the crucial resistance level. It will be a good sign for other cryptocurrencies Bitcoin manages to settle above this level.
In the past few days, the crypto market has seen some mixed signals. Shiba recently attempted to break through resistance around $0.000010 but was unable to build enough upside momentum and retreated back.
If SHIB breaks the barrier of $0.000010, it can go on to the next resistance level of $0.000012.
Shiba’s peak already gone?
Shib reached new heights in May and since then it’s tumbling. A Crypto analytics expert said that the reason Shiba Inu did so well in May was because investors thought it would be the next Doge.
However, it is being said that the hype around SHIB has died down, which is the reason the coin hasn’t seen a steep rise in value recently.
How to Buy Shiba Inu
If you are looking to buy Dogecoin or Shiba Inu coin, you can use these apps:
Download the WazirX app and sign up for the account. Before you start investing in Dogecoin, you need to do eKYC and enable the 2 Factor authentication. You also need to add your bank details to add and withdraw money.
Once you have added your bank account and perform KYC, you can check the available list of coins for trading. Tap on the Buy button in front of Dogecoin and then enter the amount you want to invest in the Dogecoin. You can make payments directly through bank deposit, credit card, debit Carr or UPI.