Five cryptocurrency to consider investing in 2021

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increased demand from institutional, corporate, and more recently retail investors has powered cryptocurrency surge this year. According to JPMorgan strategists, the digital currency has emerged as a rival to gold and could trade as high as $146,000 if it becomes established as a safe-haven asset. If you're thinking of investing in cryptocurrency here are some pointers:

1. Ripple (XPR)

  XPR is the third-biggest cryptocurrency by market value. It’s an open-source and decentralized blockchain technology that can settle transactions in 3-5 seconds.

2. Ethereum (ETH)

    Ethereum is the second most popular blockchain in the cryptocurrency space after Bitcoin, in recent months its price has surged; it now costs $579 as of 28/11/2020

3. Litecoin (LTC)

  Litecoin was an early bitcoin spinoff or altcoin. It is a cryptocurrency that allows instant payments to anyone in the world and that can be efficiently mined with consumer-grade hardware

4. Basic Attention Token (BAT)

  BAT was developed by the co-founder of Mozilla Firefox and it became incredibly popular in 2018. The cryptocurrency is the favorite coin of content writers, web developers, PR and marketing people, and some IT sector professionals.

5. Bitcoin (BTC)

  According to Billionaire investor, Chamath Palihapitiya bitcoin's price could soar to $200,000 in as soon as five years as the "fabric of society is frayed" and investors realize they need an uncorrelated hedge in their portfolios

 

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