With all the talk about Cryptocurrency at the moment, it can be hard to figure out which is the best crypto to invest in.
The best thing about the internet is that there’s an endless amount of useful information and resources to point you in the right direction on which crypto to invest in; so take a look at some expert analysis from Investing.com on recently issued tokens that are worthy of your investment.
Resources like this are great at helping you filter through the noise surrounding Crypto and its tokens because not only is there a minefield of misinformation, but there’s also a lot of people who value the applications of Blockchain technology, and others who are looking to make quick money like the day traders. There are also further complications on what to actually spend your cryptocurrency on, because there’s a limited amount of places that accept tokens as a legit form of currency unlike the United States Dollar or the Euro.
Today we’re going to take a look at our top 5 new crypto coins to invest in right now:
1. Hashbon (HASH)
We kick off our list with a phenomenal token that has been gaining validation and interest from all areas for a while now. The HASH token developed by Hashbon, has the vision to create a token that charges 0% commission for its transactions of Cryptocurrencies. For example, if you were to make a payment to someone or a business using a token, then they would receive the exact amount you sent. This is important because some cryptocurrency exchanges will charge trading fees which can deter first time token buyers. HASH looks to completely remove that from their platform which is an impressive goal, especially in the new frontier where so many new investors just want to make quick money and leave.
Using HASH has many other benefits:
- Identify verification with 5 minutes
- Easy payment linking to email and WhatsApp
- Online technical support up to 5 minutes
- Lightning fast payment technology (coming soon)
2. Ripple (XRP)
XRP is the token created by Ripple, which can be used to purchase as part of an investment or to exchange other crypto coins with. Ripple is a payment system with a global reach, and as the developers of XRP, the token can be used on the Ripple platform. A huge claim from Ripple is that XRP offers the fastest digital token transactions on the market, and because of its global reach, this can be incredibly helpful when sending crypto around the world in an instant. HASH would look to rival this with their competitive, lightning fast payment system.
3. Dogecoin (DOGE)
The token on every one’s lips right now is Dogecoin. Originally created as a “fun and friendly internet currency”, DOGE recently just passed the $0.50 milestone, which is incredible considering it hadn’t been able to break past $0.10 prior to April 13th 2021. Tesla CEO Elon Musk has joined in on the joke with DOGE, and every time he throws it some attention the price climbs higher and higher.
Originally, DOGE was created to poke fun at the entire Crypto fever and the hype surrounding it, and it has remained that way for many years. It’s only recently with a combination of tweets from moguls like Musk, and online internet forums trying to predict the next breakthrough token that DOGE has seen a very high amount of interest recently. Crypto exchanges are scrambling to get DOGE incorporated onto their market, however, demand sometimes cannot keep up.
Robinhood users recently expressed frustration that the platform would crash and restrict payments when the altcoin would reach a new milestone. Actions like this greatly restrict new user’s ability to select a crypto to invest in, and can deter new investors greatly due to the limited amount of safe, reliable crypto marketplaces. The Hashbon platform allows purchases and crypto trade for both personal and business use which is incredibly progressive given that so many marketplaces are intentionally limited.
4. Bitcoin (BTC)
Bitcoin has been around for 13 years now, and it has the largest market cap out of all the cryptocurrencies by around 700 Billion more than 2nd place. While looking at Bitcoin as an attractive investment is possible, its current price is so high that unless you had a serious amount of capital then you would not be able to buy in. There is also a limited amount of the coin to go around, which is a double edged sword. This creates a lot of demand because there is speculation that once all the coins are bought up and mined then there will be a huge deflation of the price, but also there’s a huge demand of people wanting to get some tokens before they’re all gone.
5. Ethereum (ETH)
ETH just passed its highest milestone to date of $3,200. People are attracted to ETH for its revolutionary “smart contracts” capability, which can be applied to various industries in the healthcare, government, and for businesses that operate on supply chains. If you’re looking to invest in tokens that have a tremendous amount of longevity, with real world applications and scientific study to support integration with various industries; Ethereum is the one to keep an eye on. Hashbon combines a professional integration of user experience, with a supportive crypto platform accessible by users of all experiences. When Crypto markets become easy to navigate, this opens the door for more attention and a growing user base. Hashbon knows exactly how to open the doors to increase their customer base.
Many companies are accepting Crypto for what it is, a phenomenon that has a tremendous amount of potential. The hype, intrigue, global interest and technological applications is not to be turned away from. Digital coins are here to stay, and if you just want to throw some money at a coin and leave it for a few years; who knows what might happen?
Using our research, you can determine which are the best coins to invest in based on your knowledge base and interest in the tokens. When exploring this market, be sure to keep an eye on the ones at the bottom as well as the very top. Due to their high volatility, the largest coins can massively sink in the market gap because of internet whispers than snowball into avalanches.
Whichever tokens make your altcoins 2021 list, be sure to remember; only invest what you can afford to lose and remain patient.