Bitcoin (BTC)
Which cryptocurrency should I invest in with minimal risk? Just like many years ago, Bitcoin will become the best option. First of all, it is profitable to invest in it in the long term. BTC appeared in 2009, and although the digital currency has experienced ups and downs since then, investments in it remain safe. It has high liquidity and is traded on all exchanges.
A halving is planned for April-May 2024, which means miners will receive half the reward. There have already been four halvings, and after each of them the price of the cryptocurrency increased sharply.
Ethereum (ETH)
If a user does not want to invest in Bitcoin and is wondering which cryptocurrency to invest in, one can consider Ethereum. It remains the most popular altcoin today. The reason is that Ethereum is a whole platform for creating smart contracts. The more of them are created, the more valuable and stable ETH becomes.
Against the backdrop of a slowdown in global economic growth and a recession in the United States, cryptocurrency may rise in price. It is also positively influenced by the fact that smart contracts are being used by more and more startups and large IT companies.
Avalanche (AVAX)
Avalanche is one of the most decentralized ecosystems, with less than 5% of the total coin supply in the hands of developers. The platform is widely used for launching DeFi projects and large corporate networks. To carry out calculations within them, you need the AVAX token. Its capitalization is growing steadily.
Investment funds and large private entrepreneurs are investing in the development of the ecosystem. They understand its promise very well. In 2024, capitalization will grow even more.
Binance Coin (BNB)
BNB is a token that is used as a means of payment on the famous crypto exchange Binance. It has shown good growth since the start of the issue, and this will continue as the exchange constantly attracts new users. In addition, BNB is widely used to make purchases in online stores, as well as to pay for various services.
Cardano (ADA)
The official launch of the project took place in 2017, and it immediately attracted the attention of many investors. Many of them, when answering the question of which cryptocurrency to invest in, clearly mention ADA. The token can be transferred between wallets almost instantly. Its purchase is more suitable for long-term investment. It did not show strong price jumps, but over a long distance the growth is clearly visible.
DeFi Coin (DEFC)
DeFi Coin is a full-fledged financial instrument that runs on the blockchain. The price increase is caused by the understanding that over time it may become a replacement for classical banks and other institutions providing lending and loans. Using the token, you can easily conduct transactions in the DeFi Swap ecosystem. Moreover, holders receive income for long-term holding.
Dogecoin (DOGE)
If investors are looking for a cryptocurrency to invest in and are willing to accept high risks, Dogecoin may be the optimal choice. Initially, it was intended as a small joke, but at one point the price suddenly jumped up. After that, DOGE experienced ups and downs, but recently it has shown, albeit small, growth.
Elon Musk played a significant role in the fact that the meme coin gained popularity. He's gone beyond writing X posts and now Tesla accepts DOGE as a means of payment. Moreover, it can be used to pay for services on the Internet. This means that the token has become widespread, which continues to this day.
Polygon (MATIC)
The creators of Polygon set themselves an ambitious goal: their ecosystem should surpass Ethereum. We can say for sure that they solved the scalability problem through the use of special tools. They allow you to increase the speed of transactions while ensuring security.
The team continues to actively work on Polygon, increasing not only its popularity on social networks, but also collaborating with other crypto projects. Low fees and compatibility with blockchains attract institutional investors, which means capitalization will grow. In addition, there is the possibility of cryptocurrency staking.
Cosmos (ATOM)
The Cosmos ecosystem was created with the goal of connecting multiple blockchains and enabling interoperability between them. Over the past six months, ATOM's capitalization has grown, but experts believe that this is not the limit. The ecosystem is used by many reputable companies and crypto exchanges. Another factor causing the price to rise is interest from media personalities. The more they talk about cryptocurrency, the more popular it becomes.
Flow (FLOW)
Investing in FLOW will be the best option for those who are betting on the further growth of digital currencies, applications and games. The main feature of the ecosystem is scalability, which is achieved without compromising the level of security.
The main partners of the project are NBA Top Shot and Ubisoft. The former is a leader in the buying and selling of NFTs, while the latter is a well-known game developer. It is in these areas that Flow is predicted to become a leader.
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