Cryptocurrencies are pretty volatile assets, but they have set a reputation as one of the most rewarding investments over the past few years. The profit potential still exists when you look at the larger market and consider blockchain’s prospects for several other industries. Certain cryptocurrencies are must-haves, mainly because you not only bet on the possibility of that asset growth but also put a stake in the industry as a whole. Here are five must-have cryptocurrencies in the market right now.
Binance Coin(BNB) – Its Returns
Binance coin(BNB) is the third largest crypto asset in the market, and it served as a utility token for the centralized Binance exchange before it went on to become more. Today, BNB holds more value, mainly because it is the native token of the BNB Smart Chain, an EVM-compatible blockchain known for its improved scalability. The BNB Smart Chain has been a top alternative to Ethereum, especially during the DeFi boom of 2021. Most projects on Ethereum had to create an option token on BNB Chain to satisfy users who want to perform transactions with lower fees.
Ethereum(ETH) – Second In Command Evolves
Ethereum(ETH) is the second largest crypto asset in the market and a solid asset for most people who believe in the blockchain landscape. Despite being the second largest crypto asset, it runs the most valuable network in the ecosystem and is a significant driver of value. The network has also had some impressive updates in the past few months and hopes to fix its scalability issues at the end of its updates timeline. The network also has many other solutions built around improving the network, including alternative blockchains, layer-2 solutions, etc. You can not grow wrong with owning some ETH tokens as the crypto asset has solidified its place in the market.
Solana(SOL) – Sun Is Shining
Solana(SOL) is a third-generation, highly efficient blockchain with improved scalability, which earned it the name “ethereum killer” at launch. The network could do everything Ethereum could and was believed to replace Ethereum in years to come. Solana has not lived up to those standards, but it has some impressive trajectory in the market. SOL is one the best gainers in 2021, following support from the former CEO of FTX, Sam Bankman-Fried. The token suffered a huge value loss after the FTX crash, and it took a collective effort from the community to save the cryptocurrency from going to zero. The community has shown strength in being able to keep the cryptocurrency alive, and it had a really great start to the year. It would be smart to bet on the growth of the cryptocurrency from here henceforth.
Polygon(MATIC) – Every Side Taken Account Of
Polygon(MATIC) is an ethereum layer-2 solution created to grow, connect and improve Ethereum and other compatible networks. The network is particularly impressive in terms of scalability and has proven to be a desirable solution even outside the crypto landscape. Polygon(MATIC) has secured partnerships with web2 corporations like Meta, Reddit, Starbucks, and several others in the past few months. The network has been preferred by these companies because of its low to almost zero fees for transactions. It makes it easier for these companies to onboard their customers to the platform without friction.
Dogetti(DETI) – The Big Dog In Town
Dogetti(DETI) is a new memecoin project to watch out for because of its prospects for profit. Dogetti is a dog meme token inspired by mafia-themed books and movies and is looking to create some unique form of excitement in the market. The memecoin aims to develop a family of users who unite for the ecosystem’s growth and stakes. Dogetti is like most other memecoins in that it wants to help users make money. The presale starts soon, and you can watch out for updates.
Dogetti (DETI)
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
