Bitcoin has turned into the go-to cryptocurrency for traders. But for investors, who can hold through the volatility, see advantages to bitcoin as well.
Ether (ETH) is like a vehicle for moving around on the Ethereum platform and is sought mostly by developers looking to develop and run applications inside Ethereum.
Litecoin (LTC), launched in 2011, was among the first cryptocurrencies to follow in the footsteps of Bitcoin and has often been referred to as “silver to Bitcoin’s gold.
XRP is one of the most popular cryptocurrencies on this list. XRP is a useful token providing low transaction fees and fast transactions.
The use case of USDC is similar to USDT as well, with investors using it for arbitrage or crypto conversion opportunities.
Tether’s value, the theory runs, ought to be more consistent than other cryptocurrencies. It tends to be favored by investors who are wary of the extreme volatility associated with other coins.
Dogecoin is one of the most interesting coins especially with Elon Musk spearheading the conversation on Twitter every time.
SHIB takes the spot as one of the most promising cryptocurrencies and one of the most famous cryptocurrencies on this list.
BNB is the cryptocurrency backed by Binance – which is the world’s largest exchange. BNB allows users of Binance to reduce trading commissions.
It is a crypto that aims to focus on peer-to-peer online transactions and wants to make paying with crypto easy, simple, and cheap.