Top Cryptocurrencies Currently Driving The Crypto Market Forward
No matter what your stand is when it comes to cryptocurrencies, there’s no denying that they at least have the potential to bring forth a financial revolution. Sure, they have some noticeable shortcomings, but the fact they offer us a way of paying for goods that are both completely secure and extremely cheap is nothing short of spectacular.
This is precisely why cryptos have been such a great investment choice for the better part of the last decade. Despite all the stumbling blocks preventing these technologies from taking over the financial world, people are still aware of the disruptive potential behind cryptocurrencies and are ready to invest big into the idea of decentralized money.
Yet, while we do regularly use the umbrella term “cryptocurrencies,” this does no justice to the market’s variety. Besides sharing the same blockchain-based framework, every single cryptocurrency on the market is different to some extent.
This, of course, extends to their value as well.
The value of a cryptocurrency is defined by a lot of factors, most notably their popularity and compatibility with online services. Alternatively, some cryptocurrencies have functionalities that are unique to their own environments, which helps them set apart from other cryptos and, in most cases, rack up the value. Ethereum is a perfect example here, as this currency built itself upon unique functionality and the use of smart contracts.
Since it’s evident that some cryptos stand head and shoulders above others, it’s obvious that some of them are simply worth more than others in terms of investments. Making a definitive selection of the top ones, however, isn’t an easy thing to do.
Yet that’s precisely what the following infographic does by rounding up the most prominent cryptocurrencies currently on the market.
A perfect start for crypto newbies wishing to get acquainted with the world of digital currencies as well as a great resource for those already familiar with the field, this infographic offers you a fantastic overlook of the world’s leading cryptos.
All of them are great investment options and, depending on how much you’re willing to spend, you just might find a perfect fit with what you’re hoping to accomplish by investing in cryptos. Just make sure to do as much research as possible before you actually pull out your wallet!