What is the best cryptocurrency to invest in right now?

in binance •  3 years ago 

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Are you considering making a cryptoactives investment? So have a look at this rating right now!

When it comes to cryptoactives, bitcoin is almost synonymous with cryptocurrencies. Despite being the most well-known currency, it is not the only one available. Over 10,000 cryptos are currently available for investment, according to estimates.

Bitcoin, Ethereum, Polkadot, Cardano, Binance Coin, and Uniswap are just a few of the hundreds of cryptoactives that are included in the Monnos platform's rating of the most promising cryptocurrencies on the market.

Take a look at the full list below:

1 - Bitcoin (BTC)

2- Ethereum (ETH)

3 - Polkadot (DOT)

4 - Cardano (ADA)

5 - Binance Coin (BNB)

6 - Uniswap (UNI)

7 - PancakeSwap (CAKE)

8 - Theta (THETA)

9 - Avalanche (AVAX)

10 - Compound (COMP)

As expected, Bitcoin is the cryptocurrency that leads the position. Part of this is thanks to its efficiency in 2020, as the asset generated more than 400% in the in 2015 alone. Furthermore, within the crypto market, Bitcoin is the one with one of the most domain, with occupation over 50%. In practice, this means that when its assessment rises, that of other cryptoactives has a tendency to rise too.

Coladinho with Bitcoin, nonetheless, is Ethereum, which despite the fact that it is not so popular outside the financial investment world, is extremely pertinent to crypto economics. "Ethereum is a decentralized open source blockchain network, concentrated on performing smart contracts as well as constructing decentralized applications. It enables the constitution of an excellent part of the symbols currently offered in the crypto economy, such as the MNS Token itself, a Monnos cryptocurrency", explains the specialist.

Is Cardano one of them?

Cardano is in fourth place in the ranking, with a value of more than 600 percent in 2021. Cardano has already appreciated by more than 600 percent by 2021, which was only halfway through. As a result, it's another cryptocurrency worth keeping an eye on, not only for its value, but also for the project behind it, which has a lot of long-term promise.

Cardano, which was launched in 2017, is differentiated by its crypto, which is designed to ensure that all owners are involved in the network's operation. In effect, this implies that everyone who owns Cardano has the ability to vote on any changes to the software.

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Binance Coin (5th place), which is already the third largest cryptocurrency in the world, only behind Bitcoin and Ethereum, deserves a lot of attention from cryptoinvestors. "Binance Coin was created as a 'utility token' to encourage the use of the Binance platform, and it has already become something much bigger than the platform, to the point where it has risen 3,000 percent in the last 12 months.

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