What are the best currencies to invest in on Coinbase? In this article on shetcoiner site, we want to examine this issue; so stay with us until the end of this article.
The best crypto currencies to invest in
Best cheap crypto currency to buy
- Bitcoin
Bitcoin (BTC), created in 2009 by a person nicknamed Satoshi Nakamoto, is the main crypto currency in market. Like many crypto currencies, BTC runs transactions registered on a Blockchain or general ledger on a network of thousands of computers. The price of Bitcoin has risen sharply as it has become a well-known name. In 2016, you can buy a Bitcoin for about $500. In 2022, the price of each Bitcoin is about $38,000. This growth is about 7600% and it is considered as a kind of safe investment.
- Ethereum
Ethereum can be recognized as both a crypto currency and a Blockchain platform, as one of the most practical in this field. This currency is the platform for smart contracts that are automatically executed if the conditions are met, and non-fungible tokens or NFTs are of interest to application developers. Ethereum has also experienced tremendous growth, with prices rising from about $11 to more than $2,700 from 2016 to 2022, up nearly 25,000 percent.
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- Ripple
XRP is a digital payment processing and technology company that can use the network to facilitate exchanges of various currencies, including Fiat and other major crypto currencies. At the beginning of 2017, the currency was priced at $0.006 at XRP, and now as of February 1, 2022, it has reached $0.62, an increase of about 10,000 percent.
- Polkadot
Polkadot integrates them by creating a crypto currency network that connects different Blockchains so that they can work together. This merge may change the way crypto currencies are managed, and will lead to significant growth since the launch of Polkadot in 2020. The currency was able to grow by about 565% between 2020 and 2022.
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In this article, we have reviewed the best crypto currencies on shetcoiner site and examined their growth from the time they were created or became known till now.
