Cryptocurrencies are becoming very popular these days. There are many cryptocurrencies from Bitcoin , Ethereum , Shiba Inu . Some of these are stable like Tether and USD coin while some are trending quite a bit. If you are thinking of investing in cryptocurrencies, then it is very important to know about it first. Today we are telling you about the top 5 cryptocurrencies.
Bitcoin is at the top of this list. The crypto currency created in 2009 is the most famous. Whenever cryptocurrency comes to one’s mind, it is bitcoin. Today, 5 years ago the price of BTC was around $500, but today it is worth $48,209. BTC becomes more popular in 2021. After El Salvador made Bitcoin as a legal tender, thousands of companies have started making Bitcoin ATMs. It has become the most expensive cryptocurrency in the world. Crypto market experts have predicted that by the end of this year or in 2022, the price of BTC will rise to $100K.
Ethereum is also known as ETH which is second on this list. It is the second largest cryptocurrency after Bitcoin. ETH is a decentralized open source blockchain system and is a program of choice for developers because of smart contracts and apps like NFT. Ethereum has also seen tremendous growth on November 9, 2021 and the price even crossed $4,700 dollars.
Shiba Inu is at number three in this list which was launched in August 2020. Within a year, in October 2021, this cryptocurrency rocked the market. Its price suddenly increased and because of this it entered the top 10 crypto list. It is said that the Shiba Inu will move further between 2022 and 2025. However, investors should pay more attention while investing in Shiba Inu.
Solana is one of the top cryptocurrencies. Its price is increasing significantly from April 2021. Let us tell you that from November 6, 2021, its price increased to $ 260. After the increase in its price, many investors liked it a lot. According to crypto experts, the price of Solana may also increase in the coming years.
Avalanche This cryptocurrency saw a lot of growth in November 2021. It will become one of the most popular digital currency in the coming years. It is particularly famous for its token AVAX, which allows high transaction security to connect at speeds up to one trillion per second.