Cryptocurrencies are once again a trending, hot topic, attracting hordes of interested investors and users who are attracted by their huge profitability potential and the fact that the recent pandemic has highlighted more than ever the relevance and convenience of digital payment methods. As cryptos are rapidly becoming mainstream and an attractive and viable alternative to fiat currencies their popularity is set to grow even further. Your crypto journey may well be a very successful one if approached with due caution and adequate knowledge, as the course of crypto currencies has always been bumpy from the onset.
Following a hugely successful year in 2017 where cryptocurrencies exploded their total market capitalization from about $18 billion in January 2017 to $800 billion in January 2018, cryptos underwent huge price corrections, leading most of the top cryptocurrencies to crash and reach record low points.
As such upheavals are a regular phenomenon, this handy guide aims to provide an overview of the most popular cryptocurrencies, highlighting both their advantages and disadvantages as well as presenting useful information about their investment history. By the end of the guide you will know all about the top cryptocurrencies in 2023, be able to understand the reasons behind their popularity and knowledgeable enough to make smart and wise choices and decisions when it comes to buying and investing in cryptos.
Bitcoin was the first-ever cryptocurrency to be launched globally since it was first introduced back in 2008. What is intriguing is that so many years after its creation, nobody is still certain about who actually was Bitcoin’s original creator, since that person is still only known under the pseudonym Satoshi Nakamoto.
Ethereum is the second most popular and valuable cryptocurrency, ranking just behind Bitcoin. Its creator is Vitalik Buterin, and Ethereum was first launched in 2015, to be much more than simply a digital currency.
Chainlink is positioned as one of the hottest cryptos in the market currenty and this is clearly reflected in its price and market cap. The ever increasing demand for decentralized services and products has favoured Chainlink, as it is a decentralized oracle network that enables the efficient and secure integration of real world data into smart contracts. Amidst the hassle and buzzle of the exciting crypto market, we shall try to provide the necessary information and insights to help you decide whether Chainlink is worth a place in your investment portfolio and what its prospects are for the future.
An interesting and promising option for crypto enthusiasts comes in the shape of Polkadot, which boasts of being a prime example of an innovative, next-generation blockchain protocol, which stands out because it enables the connection of multiple, specialized chains into one universal network.
Find out all there is to know about online Cryptos and begin your journey in this booming niche of the financial world today, armed with confidence and solid knowledge.
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Our thorough search and research means that the date we gather is both comprehensive and trustworthy.
It's extremely easy even for the most experienced traders to get lost in the skyrocketing cryptocurrency industry
Once the data and information gathered is properly verified, it becomes possible to compare crypto coins against each other and allocate a score to each aspect of their offering.
All the information collected, verified and evaluated is then shaped into a review for each cryptocurrency.
Having reached the end of the guide you now know which are the top 10 cryptocurrencies for 2023, as well as knowing about their origin and distinctive advantages and disadvantages. You are also better equipped to take your crypto investment decisions wisely, since the guide also includes a brief snapshot of the past performance of all the most popular crypto's. The cryptocurrencies presented make up more than 75% of the total cryptocurrency market by market capitalization and therefore the guide helps you pick which of the cryptocurrencies is your favorite and which is the most appropriate and suitable for your own goals and endeavours.
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