Even though it has been more than ten years since the release of bitcoin, it is still leading the charts. However, if you’re a new to the crypto space and don’t have the budget or the risk management system in place, bitcoin may not be the best cryptocurrency for you.
Although there are some potential cryptocurrencies you can invest in other than bitcoin. These coins include the popular ones like Ethereum and the less known coins with great potential like Ada and 1Inch. In this article, we will uncover some potential cryptocurrencies to look out for.
Five Cryptocurrencies to Look out for
Ether is one of the most popular cryptocurrencies of all time. Even though it’s second on the list of cryptocurrencies, there is a huge price difference between ether and BTC. This offers new customers with a medium budget a great chance to invest without taking much risk. Ether is the governance token of the Ethereum network. The network will launch ETH 2.0 soon, and the price is expected to increase a lot after the release.
Ether is also available for purchase and trading on almost every major trading platform, from Binance to Bittrex.
Dogecoin is a hot potato in today’s crypto space. With unexpected returns and support from major backers like Elon Musk, dogecoin became one of the most popular cryptocurrencies in the past few months.
The best thing about dogecoin is that its current value is pretty low. If you’re starting with a low budget and want to gain huge profits, dogecoin could be of interest.
Paws is a unique cryptocurrency that’s focused on helping animal shelters and adoption agencies. The primary goal of this project is to bring all the people together(virtually, of course) and provide them with a platform to donate to a charity of their choice.
If you want to do some good with your cryptocurrency, Paws is currently one of the best cryptos to look at.
4. Cardano Ada
Cardano Ada is gaining more and more popularity in the community every day. Many people consider the coin as the ETH killer. However, there is still a lot of time before the coin can reach the potential value of ether.
Developers prefer Cardano, especially for its ease of usage and low cost. If you’re a blockchain developer interested in creating apps on a new network, this may just be the coin for you.
Uniswap is another exciting investment opportunity for new investors. It is the governance token of the Uniswap network. The Uniswap network makes it easier for the users to exchange Ethereum 20 (ERC-20) tokens.
Recently, the Uniswap organization deployed the Uniswap V3 network, which is attracting a lot of new investors. The coin gained around 1200% in the last year and is expected to grow more this year.