There are hundreds of cryptocurrencies in the market, from Bitcoin to Ethereum, Tether to Dogecoin. If you’re just getting started with cryptocurrency investments, then the sheer number of digital currencies can make you feel overwhelmed. Additionally, the steep cost of Bitcoin (around $30,000) and Ethereum (around $2000) makes it difficult for beginner investors to invest in these super popular cryptocurrencies.
Worry not; to help you make the right choice, we have done the heavy lifting for you. In this post, we list the top 10 cryptocurrencies that are affordable but have the potential to become the next big thing in the world of cryptocurrencies. These are slightly less popular digital coins that are best suited for smaller investors.
Top 10 Best Cryptocurrency to Invest in 2021 (Affordable Digital Coins)
Current Price: $0.20
At around just Rs. 33, analysts consider Dogecoin one of the most viable investment options for 2021.
In May, Elon Musk appeared in a TV show and spoke about Dogecoin, which was started in 2013 as an elaborate joke. Following this conversation, the value of Dogecoin soared ten-fold times but has since then dropped by 40%. Dogecoin has grown in prominence to become one of the top promising cryptocurrencies for 2021. The market value of Dogecoin has risen to an all-time high of a whopping $80 billion.
Current Price: $0.08108
If you are looking for a cheap digital currency to invest in, VeChain may be your best choice. VeChain currency is based on the VeChainThor Blockchain. It is a blockchain dedicated to handling supply chain management and various business processes with the help of distributed ledgers.
Current Price: $1.25
ADA (commonly known as Cardano) is a public, open-source blockchain and is the third most popular cryptocurrency after Bitcoin and Ethereum. It was built by Charles Hoskinson, the co-founder of Ethereum.
Cardano has potential because it aims to position itself as a direct competitor to Ethereum. It seeks to provide long-term solutions to overcome the current challenges of decentralized finance. Since its debut in 2017, Cardano has experienced several ups and downs but recently hit a record high. In the last year alone, the value of Cardano has increased by 1750%, which is unbelievable. So, while Cardano is still affordable in 2021, strike while the iron is hot and invest wisely.
Current Price: $2221.71
If you want to invest in a popular cryptocurrency, but Bitcoin exceeds your investment budget, then the next best option is Ethereum. In terms of market value, it is the second-largest cryptocurrency in the world and was produced in 2015. The Ethereum blockchain is a widely used one involving innovative technologies such as smart contracts.
Although it is not cheap to buy Ethereum, cryptocurrency analysts believe it is worth the investment because the token can potentially grow. Due to the early success of Ethereum, blockchain is considered to pave the way for decentralized finance (Defi).
5. XRP (Ripple)
Current Price: $0.6339
XRP, commonly known as Ripple, is another popular cryptocurrency that became the focus of attention in 2017. The reason for its popularity is that it is the favorite currency of global banking companies and is quietly changing the way bank transfers and receiving payments are made.
This is the first digital encryption currency used by mainstream financial institutions, and it is likely to be adopted by several other financial institutions in 2021. Crypto analysts believe that 2021 is a good time to invest in Ripple because of its lower interest rates compared to other popular digital currencies.
Current Price: $0.264593
Stellar Lumen (XLM) is the cryptocurrency of the open-source blockchain payment system Stellar. The main goal of XLM is to provide a platform for cheap transactions in emerging markets.
Crypto analysts believe that XLM has long-term value, and blockchain allows easy construction of assets. The blockchain design allows investors to easily issue tokens and establish cryptocurrency exchanges, which is a huge advantage. In addition, it is one of the most user-friendly cryptocurrencies, which adds to its appeal.
Current Price: $0.9932
Polygon is an Ethereum-compatible blockchain, which provides a framework to create an interconnected blockchain network. It uses innovative side chains to overcome the problems that plague Ethereum. The Polygon project aims to solve the interoperability and scalability challenges of blockchains, and seeks to eliminate the limitations of other similar projects such as Cosmos and Polkadot.
Current Price: $3.72
It is currently one of the most practical blockchains and provides a perfect ecosystem for the development of distributed applications (Dapps). The highlight of EOS is that its blockchain can eliminate transaction fees through its unique structure. It is highly scalable and can compete with major transaction networks such as Visa and MasterCard in terms of transaction volume per second.
As the market value of Dapp grows in 2021, the utility of EOS may increase substantially this year. Although EOS has been lagging behind other altcoins, analysts believe that it may reach $80 in 2023.
Current Price: $218.68
Monero is a mobile cryptocurrency designed to enhance user privacy. It uses innovative technology to ensure that the encrypted wallet address will never be made public on the blockchain. Using complex cryptography technology, the source of funds is hidden in every transaction. Although this technology may seem a bit restrictive, it is indeed the most important advantage of Monero, because it values privacy more than others.
Current Price: $32.90
Developed in China, NEO aims to be the Chinese Ethereum. But, unlike Ethereum, NEO is more centralized and doesn’t use too many nodes to make a decision. Like Ethereum, it supports intelligent contracts that apply to a wide array of audiences. It’s highly liquid and promises to be one of the most popular emerging cryptos in 2021.
➡ Please note: That the prices listed here are for reference only. Cryptocurrencies are highly volatile and prices are likely to change.
If you are just starting to invest in crypto with a small budget, then these ten digital currencies are the right choice for you because they have growth potential and are not expensive. However, keep in mind that cryptocurrencies are highly volatile and cannot predict market trends. Therefore, be sure to research and find the best crypto investment that best suits your portfolio.
Questions & Answers 😎
Is XRP a good investment in 2021?
Ripple is a good investment. How much can XRP be worth in 2021? Yes, Ripple is a good investment, and apart from the SEC issues, it will be worth it by 2021. The digital currency XRP acts as a bridge between currencies.
Can Cardano reach $100?
For Cardano to reach US$100, it needs to reach a market value of US$3 trillion. You will notice that the market value of Bitcoin is close to 1 trillion, and the entire crypto market has increased substantially in the past few years, reaching around 1.5-1.8 trillion.
What will XRP be worth in 2030?
Ripple price forecast in 2030. XRP price in 2030: Smartereum’s feature report predicts that the value of Ripple may rise to US$200-300 by 2030. WalletInvestor claims that XRP will not reach US$5 or even break US$1 again. Interest in the next few years will not be maintained by 2025.
What happens if I invest $100 into bitcoin?
If you invest 100 US dollars in Bitcoin today and its value appreciates, say as high as 110 US dollars, you will make a profit because Bitcoin is a digital financial asset. But if its value falls below $100, you will suffer a loss if you decide to sell it. However, if you sell assets, you will only make a profit or see a loss.
Will Ethereum overtake Bitcoin?
Tegan Kline, the co-founder of the blockchain software company Edge & Node, stated that Ethereum “may surpass Bitcoin at some point in the future because Ethereum will be better in terms of innovation and developer interest.” But she also said that investment The person should allocate funds to these two tokens.
Will Ethereum crash soon?
More such crashes are likely to occur in the future, and in the long run, Ethereum may not succeed at all. Cryptocurrency is still highly speculative, so now anyone is guessing whether it will appear in 10 or 20 years.
How much will ripple XRP be worth in 2025?
However, as a long-term investment, it expects Ripple to perform better. According to its forecast, by the end of 2021, the value of Ripple XRP tokens may rise to 3.76 USD, rise to 5.98 USD in 2022, and reach an average price of 150.32 USD in 2025.
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