Reddit Gives insight On The Best Crypto Coins
The biggest social content and discussion website Reddit, gives an insight on the best crypto coins to invest in from Reddit Bitcoin forums.
In today’s world, there is not a single soul that doesn’t know about the crypto market. cryptocurrencies change how the world views money. The biggest industries own and trade cryptocurrencies in bulk for almost a decade now, the crypto takes a big chunk of big enterprises’ business strategy. Lot of it happening because of the biggest social content website Reddit. Based in the USA, Reddit Bitcoin forums draw the line of everything that happens in the world of crypto. For this article, we decided to check which currencies gaining the biggest hype at this moment (July 2021)
Best Crypto Coins to Invest In By Reddit.
AMP
Based on the Ethereum blockchain The AMP currency getting hyped a lot these days. AMP works on the Flexa network which means it is regulated and features a pure-digital payment network. By predictions of many, the currency will “go to the moon” in the near future. Those who hold the currency in their wallet could convert it to anything they want starting with property and ending with Hard cash (fiat currency).
The price of AMP’s Currency stands at 0.04100$ but the prediction of the investors is for it to get to 1$ and beyond till the end of the year.
Theta Fuel
Most know in the Streaming industry Next up on the hype train is Theta Fuel. Same as Ethereum, Theta fuel allows the partners and the Devs in the creation of decentralized apps on the network. At this moment it is the main currency in a variety of streaming platforms.
The price of Theta fuel currently stands at 0.04335$. and the potential rises with the rise of the streaming industry, and as all of you know this industry is skyrocketing.
Dogecoin
The currency that was created as a joke, isn’t so funny anymore – created by Markus Billy and Palmer Jackson in early 2013. Dogecoin maybe still a meme but it’s very real for the masses of the investors who wanted to see this meme rise. At this time Dogecoin rose high and is now become a legitimate cryptocurrency with good investment opportunities. The hype in all the social media platforms led to a drastic increase in the value of the coin.
Dogecoin’s current price stands at 0.2140$ and keeps going up.
Algorand-
This blockchain network makes a twist in all of the mining industry and is the first to introduce proof-of-stake blockchain. What does that mean? It basically means the more the miner holds the more he can produce. This new high-performing technology promises the miners stability and security in the future. The most common use of the platform is in the microfinance and real estate markets. According to Reddit, this currency is a safe bet for the future.
Algorand currently stands at 0.8722$.
Tether
One of the safest bets for investors who wanna dip their toes in the water is Tether. What is tether and why it’s a safe bet? Because Tether is a stable coin that is backed in Us dollar and or gold. Most commonly investors try this coin as a starter because of the low volatility.
Tether is one of the only coins that are set on a static price pegged to the US dollar. Its current price is 1$ and should stay that way.
Stellar
Slowly rising coin, based on cross-border transactions. The Stellar coin isn’t for day traders as it is considered to be for long-term investments only the reason for that is the blockchain network of stellar is gradual. So if you are an investor that wants to make a low-fee conversion from crypto to fiat currency( almost the same as regular currency exchange) this coin is your best bet.
The Stellar coin is currently standing at 0.2390$. as we said this coin is for long-term investments and it’s predicted to reach the dollar mark only in 2025.
Tron
This blockchain network technology is capable of transaction speed as fast as 2000 transactions per second. In 2017 raised 70$ million before the start of the Chinese war against the crypto industry. Tron can be compared to Ethereum as it is the most relatable currency but with a small twist. This coin is significantly cheaper, thus can be a very good investment as it is believed it will rise to Ethereum price marks.
Tron coin currently standing at 0.07$ and growing exponentially up in a slow manner.
We hope you got educated on the most hyped on coins from the Redding forums. you can find more content about this topic below
