Cryptocurrency has been the most spoken topic among people across the world these days. The digital tokens are now making headlines day today. They are based on blockchain technology that is typically a cryptographically secure ledger of making all transactions. Another interesting thing about cryptocurrencies is that they are not controlled by any bank or country; instead, they function on a decentralized model. Why late? Let’s see what the top 10 cryptocurrencies 2021 has to offer for investors this November.
Market Cap: US$1,219,615,222,468
Bitcoin is a widely known cryptocurrency across the globe. The reason for its high demand is that BTC is the longest living crypto that is valued more than any other cryptos among investors. BTC makes up about 46% of the global market that has stirred up the growth. Another interesting thing is that these days, many giant companies started to adopt this currency and eventually boosted the value by a landslide. As of October 2021, the price of Bitcoin was over US$62,000.
Market Cap: US$549,709,723,736
Ethereum is among the top cryptocurrencies after Bitcoin. This is because of its smart contracts that have a great potential to automate and execute when conditions are met and non-fungible tokens. ETH is also considered to be one of the best cryptocurrencies to buy this November. The cryptocurrency experts predict that it will soon overtake Bitcoin in the market. Ethereum has witnessed a growth of more than 40,000% to date in the crypto market since its inception. This is one of the best cryptocurrencies to invest in in 2021.
Binanace Coin (BNB)
Market Cap: US$103,622.010,126
Binance Coin can be used for paying fees for trading on the largest crypto market exchanges across the globe, Binance. BNB is also one of the top 10 cryptocurrencies to buy in November. The coin witnessed a surge of about 40,000% since its launch in 2017.
Market Cap: US$73,886,712,207
Unlike other top cryptocurrencies, Tether is not just a cryptocurrency but it is more than that. USDT is a stablecoin that is backed by the US dollar. It is a stablecoin that does not yield profits nor gives out losses. So it has been gaining popularity due to its non-volatility nature in the cryptocurrency market. For its amazing feature, Tether has become one of the best cryptocurrencies to buy in November.
Market Cap: US$73,093,897,338
Solana was designed to help and power decentralized finance, decentralized apps, and smart contracts. It runs a unique and interesting hybrid nature of combining both the proof-of-stake and proof-of-history mechanism that helps process transactions securely and easily.
Market Cap: US$69,998,834,196
Cardano is the cryptocurrency that has entered the market a bit late but has managed to secure its place in the top 10 cryptocurrencies list. ADA is famous for its proof-of-stake validation that can decrease energy usage and environmental impact by decreasing the competitive, and problem-solving point of transaction verification as that of the BTC. The coin has seen a growth of about 10,000% since 2017 making its mark as one of the best cryptocurrencies to invest in.
Market Cap: US$57,297,155,616
XRP was created by the same founders as Ripple, which is a payment processing and digital technology company. It can also be used on the network to allow exchanges of different currency types such as with the other top cryptocurrencies or fiat currencies. XRP has also witnessed a spike of about 17,900% since its launch in 2017.
Market Cap: US$47,751,891,381
Most of the top cryptocurrencies use many blockchains, and Polkadot aims to connect them all together, creating a cryptocurrency network that connects the diverse blockchains to work together. Even though Polkadot was launched in 2020, it has made about 1,400% progress since its inception. And so it makes to the list of the top 10 cryptocurrencies to buy in November.
Market Cap: US$34,393,978,709
Similar to Tether, USD Coin is also a stablecoin. It does not experience extreme fluctuations in its prices. It neither brings profits or losses. So it becomes one of the top cryptocurrencies to buy in the market.
Market Cap: US$34,370,747,800
Dogecoin is one of the most known memecoin in the market, all thanks to Elon Musk for boosting its potential. Even though DOGE started as a joke, it grew as one of the best cryptocurrencies to invest in the market.
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