Bitcoin has been part of the cryptocurrency market for a long time and it is currently the main leader when it comes to price, volume and market cap. Even if the crypto industry is constantly changing, Bitcoin still has a 43% stake in the overall market cap. Recently the coni has climbed over 57 000 dollars for the first time since May and speculations are that it will reach new record highs.
Bitcoin remains one of the safest assets you can have in the crypto market at the moment. As a result of this hype, many businesses have opened their doors to accepting Bitcoin as a form of payment. The main issue with Bitcoin is the wild fluctuations and price drops it can have.
Even though Ethereum is very different from Bitcoin, the core advantage that Ethereum holds over Bitcoin is that it is not simply a cryptocurrency. It is a whole network that allows other developers and traders to create their own coins from the Ethereum network.
Even though the coin is far behind Bitcoin in terms of price, it is still very ahead of every other coin in the market. It is regarded as one of the safest assets, because of the safe and secure system it is built on.
Even though the market and news outlets are not booming With Binance coin stories, BNB remains a very safe investment because of its statistical rise to the top. Since 2017, the coin has continued to rise up without showing any signs of slowing down.
The benefit of BNB is that it was built by a trusted company, rather than a team of tech developers like most coins on the market. This solidifies the coin with a strong blockchain system that is free of fraud. With a secure network and rising prices, BNB continues to be eyed as a top destination for crypto investment.
Cardano is a rather controversial coin. However, it is also very loved by investors because of its smaller network, which means that transactions are much less energy demanding and cheaper.
The coin always continues to announce new network and security updates to ensure that its users are participating in safe transactions. Despite that, Cardano still cannot compete with the bigger crypto giants like ETH, BTC and DOGE. Even though Cardano has big plans for its future, the investors are sceptical about whether it can live up to the hype or not.
What started off as an internet meme is currently one of the leading cryptocurrencies because of billionaire investors like Elon Musk and Mark Cuban. Musk even recently said in a statement that Dogecoin is one of his “three meaningful assets”. The downside of Doge is that it is very vulnerable to the hype – to both good and bad hype. This can often result in enormous fluctuations. In 2021, Dogecoin has been one of the most dynamic coins and can be full of unexpected surprises.
Finally, you can still take advantage of our overall listing of the best crypto casinos, currently, on the market, so do not miss this exciting opportunity.