Cryptocurrencies are picking up more steam as the years roll by, setting the stage for another remarkable performance year in 2021.
A form of digital currency to be exchanged online, cryptocurrency replaces physical coins with digital clicks. Opportunity is around every corner, and everyone from ambitious investors to curious newcomers has a chance to succeed and dabble. Risks are taken, and millionaires can be born overnight.
Therefore, if you’re planning to buy cryptocurrency with the best market value, here are three cryptocurrencies that are poised for a remarkable performance in 2021.
Tether (USDT) is a cryptocurrency that is infused with great potential.
A name that frequently crops up when orchestrating robust investment strategies, Tether often secures the highest trading volumes of all the cryptocurrencies. Of the ‘stablecoin’ strand of cryptocurrency, Tether stabilizes the price volatility typically inherent in cryptocurrencies, only ever been designed to match the value of the US dollar. In other words, it is a dollar substitute, and an effective one too.
Fortunately, it is also easier than ever to purchase USDT. Paxful provides an incredible digital platform that is accessible and open to all, allowing the exchange of different cryptocurrencies. With over 300 payment methods to choose from and a plethora of user types to select, you can engage in cryptocurrency with full confidence that your dealings are above aboard and wholly legitimate. This flexible and carefully personalized service will put you in a great position for all your needs not only in USDT but in cryptocurrency at large.
Dubbed as the world’s second-biggest cryptocurrency by market value, Ethereum (ETH), colloquially referred to as Ether, has been moving from strength to strength in recent times.
Ether rounded out 2020 in a highly positive fashion, with CNBC reporting that the cryptocurrency was up 350% since the start of last year, which is a huge climb in progress. It is also due to a technological overhaul, dubbed Ethereum 2.0, which is supposed to make the trading of the currency far more fast and secure, all while supporting the apps of millions of users. Needless to say, there is a lot of ambition driving everything.
Many more transactions are forecasted to take place, as well as increasing amounts of interest from seasoned investors. Though some people are still skeptical of cryptocurrency, the overwhelmingly positive press with Ether should help to break that down steadily over time. The signs of significant investments, developments, and public endorsements will no doubt propel Ether into a lucrative 2021.
What most consider to be the first and original cryptocurrency, Bitcoin (BTC) was the trendsetter that started it all and continues to pave the way.
Bitcoin is still confidently leading the cryptocurrency charge into 2021 and beyond. Last year was capped off with Bitcoin breaking records in its monetary value, surpassing what Forbes referred to as a $20,000 ‘psychological price barrier’. It continues to break records today of up to $30,000. Ultimately, success is not slowing down for Bitcoin in any way, so it is a perfect time for people to start trading here if they are not already.
Of course, there is also the case that Bitcoin is arguably the most well-known cryptocurrency that there has ever been. In many ways, it has already taken the world by storm, and 2021 will oversee the continuation of its rising popularity and uses.