Cryptocurrencies

Cryptocurrencies are becoming ubiquitous, and are dominating the fintech industry in the current age. The most popular cryptocurrencies are alluring to investors who are investing in diverse cryptocurrencies to expand their portfolios.

It is a prejudice that lurks amongst crypto investors that the best cryptocurrencies are expensive. Known as the Veblen effect in terms of economics, experts contradict the prejudice by assuring the investors that they can choose the most affordable and the best cryptocurrencies available.

Industry Wired lists down ten such affordable cryptocurrencies that one can consider buying.

The Most Affordable, Low-Risk Cryptocurrencies of 2021

Cardano

Symbol: ADA

Market Cap: $53,570,588,093

About Cardano: Cardano is the most promising cryptocurrency of 2021 and is expected to remain one. The most unique selling points of Cardano are scalability and sustainability. The new development of Cardano to deal with smart contracts is yet another dimension added to its selling points. The coin also has low transaction fees that make it easily affordable and highly profitable.

Dogecoin

Symbol: DOGE

Market Cap: $40,891,672,038

About Dogecoin: A coin that started as a meme is now the most important and trending crypto in the market after Elon Musk’s moniker “Dogemaster”. The coin came into existence in 2013 and has a price of $0.3128. Reportedly, dogecoin can be your cheap and reliable cryptocurrency purchase in 2021.

NANO

Symbol: XRB

Market Cap: $952.209 million

About NANO: The aspects of no transaction fees and the very basic blockchain system makes it the most affordable crypto coin of 2021. NANO can be the next best crypto investment.

EOS

Symbol: EOS

Market Cap: $5,992,797,329.88 1.27% (diluted)

About EOS: EOS, which was initially under the garb of the Ponzi scheme, now stands as the most low-risk cryptocurrency of 2021. The price of EOS borders on the $3 mark which makes it an affordable crypto coin.

Ripple (XRP)

Symbol: XRP

Market Cap: $46,459,105,974.21 6.05%

About Ripple (XRP): Ripple stands as the most affordable cryptocurrency whose market price is around $3.50. The low market rates signal towards the increment in investments in Ripple.

Ethereum

Symbol: ETH

Market Cap: $688.59B

About Ethereum: Ethereum allows a network where developers can create their own Ethereum network. This signals a safe crypto network that investors can consider investing in.

Binance Coin

Symbol: BNB

Market Cap: $1.3 billion

About Binance Coin: Binance coin is one of the safest crypto coins to invest in. Experts deem bitcoin to be the most stable option in cryptocurrencies.

Tether

Symbol: ₮

Market Cap:

$61,774,336,629.31 0.07%

About Tether: Tether is reportedly the most stable of all cryptocurrencies because it has its tied with the U.S. dollar. There is one dollar reserved in Federal Bank for each unit of Tether.

Polkadot

Symbol: DOT

Market Cap:

$22,739,962,268.86 6.58%

About Polkadot: Polkadot was brought into existence by Ethereum leaders to ensure a better crypto network. The network assures safe transactions which makes it the safest option to invest in.

Litecoin

Symbol: LTCUSD

Market Cap: 12.021 B

About Litecoin: Litecoin came into existence in 2011 which was known as bitcoin, is now non-bitcoin crypto. Reportedly, Litecoin too stands as a stable crypto coin that investors can consider.