Cryptocurrency is changing the world. People have already moved billions of dollars between countries, governments, and individuals since the birth of this tech. And now, it is powering something called the blockchain, which is a digital ledger of all transactions—each buy and sell, every trade and exchange of value. The blockchain allows payments to be processed quickly, securely, and without human intervention.
Crypto is experiencing an unprecedented boom right now, with the size of its market increasing by thousands of percent just this year. Some analysts predict that by 2022, crypto could be as popular as traditional investing, with investors flocking to crypto coins and tokens. But which crypto coin will take the entire market by storm?
Ethereum (ETH)
Ethereum is a cryptocurrency that began in 2015 and has continued to develop ever since. The Ethereum community is the team behind Ethereum and is responsible for the development and maintenance of the Ethereum blockchain. In addition, the community is made up of individual nodes that run the Ethereum software, providing a regular and consistent service. Their community is run by a decentralized organization, or DAO, that is comprised of talented individuals who have agreed to help design and implement new Ethereum features.
Ethereum is Open-Source
While Bitcoin is an open-source project, Ethereum takes it a step further. It uses a smart contract platform that allows users to create, manage and trade their own digital contracts. This system has the ability to transform many industries, including legal, finance, real estate, and beyond.
Ethereum is the Future
Ethereum is intended as a platform that will create a decentralized autonomous organization (DAO). The DAO will use smart contracts to allow individuals to band together on the project’s behalf. This model is a radical evolution in the way we approach markets, and the effects could be enormous.
Ethereum is a Leader
Ethereum is the largest cryptocurrency by market cap, and this has historically had a positive effect on its price.
Binance Coin (BNB)
Binance Coin (BNB) is a cryptocurrency and digital asset exchange platform. Services include trading, exchange, and margin trading. It is the ninth-largest cryptocurrency by market cap. BNB is the tenth most traded cryptocurrency in the world, according to CoinMarketCap.
The Binance exchange offers more than 1,000 different cryptocurrencies and tokens, which makes it one of the largest exchanges in the world.
Tether (USDT)
Tether (USDT) is a cryptocurrency that acts as the internet’s money. It exists so that people from all over the world and from all different economic backgrounds can transact with each other without needing to convert their currency. Because it is backed by US dollars, it acts as a hedge against inflation in the US Dollar.
Tether is a stablecoin or cryptocurrency that aims to provide increased confidence in cryptocurrency as a means of payment. Instead of adopting the volatile nature of other leading cryptocurrencies, it markets itself to investors as a “traditional” currency. The Tether coin is backed by a real US dollar, meaning there is no risk of losing the value you put into the coin.
Decentraland (MANA)
Decentraland (MANA) is a blockchain-based virtual reality platform that allows people to build land using virtual reality tools available on the decentralized marketplace. It uses the power of blockchain technology to create a virtual world where businesses of all sizes can develop, test, and deploy applications.
Decentraland is a decentralized virtual reality (VR) platform that allows anyone to create and monetize VR content. The technology relies on crypto tokens to fuel its platform, called MANA, and the value of these tokens has skyrocketed lately.
Bitcoin (BTC)
Bitcoin (BTC) is the world’s first and most popular cryptocurrency, and it’s been around for more than five years. It was the first cryptocurrency to ever become popular, and it’s still leading the way forward in online shopping. But there are so many other cryptocurrencies popping up that it can be hard to keep track of them all. Nonetheless, Bitcoin is still the most popular cryptocurrency, and it is expected to make a comeback in 2022, with BTC likely being adopted by even more of the masses.