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Get Into Cryptocurrency Trading Today
Trading cryptos is one of the best methods of making money today. Before you start buying and selling altcoins, you should familiarize yourself with the best cryptocurrencies.
This is because lots of cryptos are developed as pump and dump schemes. At the moment, the top cryptos by market cap are Bitcoin, Ethereum, Tether, Binance, and Cardano.
In the guide below, we will briefly review the cryptocurrencies and offer predictions on the future prices of the coins.
Bitcoin is the biggest cryptocurrency by market cap, and it is also the best-known. The currency was launched in 2009 and was essentially valueless for a few years.
Over the years, more people have grasped the concept of cryptocurrencies, and this has boosted the coin to its current price of $33,529. Let’s look at some BTC price predictions given by industry experts.
According to Long Forecast, BTC will follow this pattern:
Ethereum was initially described in a white paper that was released in 2013, but it was launched in 2015. This is one of the top 5 cryptos today and is second only to Bitcoin. ETH is expected to grow further with the introduction of Ethereum 2.0.
Currently, ETH has a value of $3487.
Long Forecast has made the following predictions on ETH:
Binance Coin is also ranked among the top 5 cryptos today, and it is tied to the Binance cryptocurrency exchange.
It currently trades at 413.92. Although this is one of the most popular cryptos, you should know that the parent company regularly burns Binance coins and removes them from circulation.
This website has made the following predictions on Binance:
Cardano uses the proof-of-stake method of generating new coins, and this means its carbon footprint is quite low. This is one of the hottest crypto coins at the moment.
It has positioned itself as an alternative to Ethereum as it can be used for purposes such as making smart contracts. ADA is ranked third in the list of top 5 cryptos today.
Long Forecast has made these Cardano price predictions:
Tether was developed to be a stablecoin, which means it does not experience high levels of volatility. The developers of the currency have pegged it to the US dollar, and they claim that it is anchored to the USD at a ratio of 1 to 1.
Whenever a user deposits $1, a new USDT coin is minted, thus maintaining the exchange rate.
Although $1 is supposed to purchase on Tether coin, in practical situations, the exchange rate is slightly higher or lower than $1. At the moment, one USD can purchase 0.99975 USDT coins. The stability of Tether has made it one of the top 5 cryptos today.
Aside from these 5 cryptocurrencies, you should also keep an eye on these altcoins:
Although thousands of cryptocurrencies have been created, a handful of them has managed to gain popularity in the market. These include Bitcoin, Ethereum, Binance, Cardano, and Tether.
If you are planning to invest in these cryptocurrencies, you will have to do thorough research on them. That is the only way you will be able to predict their future prices.
Once you have identified the coin you wish to buy, it is important to check the trading signals on XOSignals. You will just need to sign up on our website, and we will then give you free trading signals.
With this information, you can determine when you should purchase certain coins and when you should sell them.
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Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
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Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
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Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
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