Cryptocurrencies are booming since the emergence of Bitcoin in 2009.Unsplash.
- Moments of crisis are a great opportunity to buy cryptocurrencies, one of the most popular investments today
- New cryptocurrencies appear every year, but only a few can remain among the best
- Before investing in a specific cryptocurrency, several parameters must be taken into account, such as the size of its community or its innovative capacity.
Many say that moments of crisis are a great opportunity to invest. In this context, cryptocurrencies emerge as one of the star elements of any broker or potential investor. If you are interested in trying your luck, we bring you the ten most popular cryptocurrencies.
According to the web portal Broker Online, these are the best cryptocurrencies of 2020 based on four parameters: their innovative capacity, their market capitalization and transaction volume, the size of their community and the support received by companies or governments.1. Bitcoin
Bitcoin is the best-known cryptocurrency on the market and with which the popularity of this currency originated. Therefore, it remains the most quoted in the markets and a great option to invest as it is a fully decentralized currency.2. Etherum
Despite the fact that its popularity among the majority of the population is not as high as in the case of Bitcoin, Ethereum has been a great driver of innovation in the field of cryptocurrencies thanks to the development of decentralized applications and smart contracts. 3. Ripple
Although Ripple has certain differences with respect to its sisters, such as, for example, that it does not allow mining and that its founders maintain control over their coins, it manages to place itself in third place thanks to the support it receives from large financial entities such as Amex. 4. EOS
EOS is one of the most funded cryptocurrency projects. It is based on Etherum technology, but adds improvements to the system that allow millions of operations to be processed avoiding collapses or increased commissions. 5. Litecoin
Litecoin is one of the veteran cryptocurrencies. It was born in 2011 with the aim of becoming the bitcoin alternative. Its advantages over Bitcoin is that it can produce four times more units and that its technology is even faster and safer. 6. Binance Coin
Binance Coin is the official cryptocurrency of one of the largest exchanges in the world. Its popularity is due to the fact that its use offers many discounts within the Binance network. 7. Bitcoin Cash
Bitcoin Cash is part of the Bitcoin family and was created in 2017 to fix some Bitcoin scalability issues. 8. Tether
Tether is one of the most stable cryptocurrencies on the market. It arose with the aim of ending the typical volatility of cryptocurrencies, so its value remains at par with that of the dollar. 9. Tron
Although it is a newly created cryptocurrency, it is one of the most capitalized in the market thanks to its innovative idea of providing an exchange platform for digital content creators without having to rely on third parties. 10. Cardano
Cardano is also a recent cryptocurrency. Born in 2017, it has earned its place as one of the most valuable cryptocurrencies thanks to its technological development that allows, among others, mining with lower energy expenditure and commissions.