Crypto is rapidly gaining popularity as its value keeps rising. It became the newest craze among numerous enthusiasts in finance and technology, as digital currency is slowly changing the way we pay for stuff these days.
Let’s see some top cryptocurrencies worth purchasing in May 2021.
Binance Coin
Binance is among the very few cryptos that overpassed the 2017 mark.
A strong bull market affected that year, and all crypto prices significantly rose along with it, reaching a peak before persistently losing value.
Binance Coin kept a slow and very steady upward trend since then, making it worth purchasing.
Market cap: $104 billion
Value: $679.71
Cardano
The Cardano network requires little energy to complete transactions, making it more accessible and efficient.
Cardano’s target is to become flexible and stable via frequent updates that would make it less prone to hacking. However, it is no match for “big” cryptocurrencies. Nonetheless, it’s still a great choice!
Market cap: $57 billion
Value: $1.80
Tether
Tether has a solid tie to the US dollar, making it the most reliable of most cryptos to use for buying others. In addition, the Federal Reserve Bank owns a dollar per Tether unit, making it a perfect choice for those who aim to use crypto for transactions.
Market cap: $57 billion
Value: $0.999813
XRP
XRP was launched by Ripple Labs in 2021, making it one of the quickest and most convenient decentralized payment innovations.
XRP supposedly concludes transactions in only four seconds, being even faster than Bitcoin, Ethereum, and Litecoin.
Market cap: $53 billion
Value: $1.52
However, neither of those necessarily has a safe future. So, generally speaking, it’s not wise to throw vast amounts of money at crypto unless you are prepared to lose it.
