The year 2021 has been a roller coaster ride for cryptocurrencies. No wonder, the cryptocurrency market had seen a downfall about a few months ago. However, what is worth mentioning is that it takes no time for the cryptocurrency market to bounce back to normal. Hence, investors always look up to cryptocurrencies when it comes to diversifying their investment portfolios. On that note, we have come up with a list of top cryptocurrencies to buy this weekend. Keep reading!
How can one start the list without Bitcoin? Needless to say, Bitcoin has never failed to impress the investors for they know how worthy of an investment this cryptocurrency is. Though the regulatory crackdowns by various governments stood as an obstacle for Bitcoin, this crypto’s widespread popularity and utility turn out to be the reason why these concerns are likely to abate over time.
Investors recognise Ethereum as the second-largest cryptocurrency by market capitalization. However, what is way more interesting is the fact that this cryptocurrency had shot up by more than 800% during the past year and this eventually turned out to be significantly higher than Bitcoin. With Ethereum having a crucial role to play in expanding decentralized finance (DeFi), all eyes are on this cryptocurrency for obvious reasons. Does this not throw light on how good of an investment Ethereum is? Well, you definitely got to invest in this for you know it is worth it all.
What comes as a surprise here is that not all investors tend to include Tether in their investment portfolio but it is this very cryptocurrency that grabs attention for the fact that it is different from its peers. In addition to being the third most valuable crypto in the world, Tether serves to be an ideal investment for those who want to avoid the volatility that investing in cryptocurrencies brings along.
Yet another cryptocurrency that has seen a whopping increase in its value during the last year and a half is that of the Binance coin. Because of its integrations with the Binance exchange, it has benefited immensely. For example, Binance Chain and Binance Earn – Binance Chain allows several different blockchain applications to be hosted whereas Binance Earn has pooled together various passive earning services and products for Binance users. With new and unique developments that Binance Coin comes up with, the more it is valued. What everything boils down to is – this cryptocurrency holds the potential to post strong returns for its owners for the foreseeable future.
With a market cap of over $6 billion, Stellar Lumens has done incredibly well to build a utility for its users as a cross-border payment platform and takes pride in being one of the most promising DeFi projects in the crypto world as well. This cryptocurrency aims at integrating and working alongside the traditional banking system, thus ensuring that it continues to grow at a healthy pace for the foreseeable future. Additionally, with Stellar aggressively investing in its platform and expanding its objectives, no doubt, this is all set to yield fruitful investment results in the near future.
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