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2021-03-10

Top 5 Altcoins to Invest in March 2021

Top 5 Altcoins to Invest in March 2021

The cryptocurrency market is booming. And with that, the AltSeason continues to shine and grow. 2020 was probably the most successful year for Bitcoin, but the magnitude of popularity Altcoins gained in 2020 is extraordinary. And with that, their growth is on an upward trajectory in 2021 as well. There are currently more than 5,000 altcoins on most mainstream exchanges. And with this year proving to be another remarkable year for the world of crypto and blockchain technology, Altcoin is the talk of the town for the crypto world.  Altcoins on a Skywards Ride The crypto industry is a roller coaster ride with so many altcoins in existence. It often makes a crypto trader wonder which altcoin will be the best alternative to Bitcoin. And if we look at the statistics of 2021 so far, the choice is even more difficult with the success altcoins are witnessing. It is just the first quarter of this year, and Ethereum has hit an ATH of $2036. Ethereum blockchain is the most preferred and accepted blockchain platform. Binance Coin (BNB) surpassed Tether in market capitalization for the first time in history and stood at the third position only behind Bitcoin and Ethereum.  Ethereum and BNB are just the tip of the iceberg. Many other Altcoins witnessed applauding records and made headlines with the success they have so far in 2021. And with that, we can say that the entire concept of Altcoins has a bright future. It gives tough competition to Bitcoin. It is gaining more and more attention from not only the crypto community but also from people outside it. They want to read about it and become aware of digital assets. AltSeason is coming back with a vengeance, as people are now thinking of it as a good investment platform. And when Altcoins’ searches broke records on Google Trends, it was clear that this space is here to win more hearts and investments.  So if you are thinking of entering the crypto space, or put in some of your valuable money into Altcoins for some good returns, then this article will help you consider the top 5 Altcoins that should have your attention in March.  Top 5 Altcoins for March The prime purpose of Altcoin is to leverage technology to keep out the middlemen in financial transactions. It makes buying, selling, and trading cheaper and more effortless. Before we talk further about Altcoins note that every other cryptocurrency that came after the success of Bitcoin is referred to as Altcoins. The price charts for most of the mainstream Altcoins have been green for the last couple of months. Investments from both retail and institutional giants are responsible factors for the success. The DeFi boom also contributes to pushing the price of many Altcoins to an ATH. The Altcoin industry also flourished when investors looked at technological innovations and token giveaways. Therefore, with bulls all over the crypto space, now is the right time to invest in the crypto space. Here are the top 5 Altcoins for March that will help you make the best return on investment.  Ethereum (ETH) How can it possibly happen that we talk about potential Altcoins and not mention Ethereum? It has a market cap of $209,433,411,278, and its price stands at $1,821.23 at the time of writing. It crossed the $2,000 mark in Feb 2021. Bullish crypto-investor looks up to Ethereum as a model for the next decade’s open Internet since it supports applications in its network. The success Ethereum had in 2020 was indeed noticeable. When business went DeFi and thousands of Dapps were launched, Ethereum gained the most out of it. This led to the price of Ethereum reaching the sky. The token snatched the attention of major institutional investors like Grayscale, which added $38 million worth of ETH in February.  Following Bitcoin’s stabilization, the Ethereum price began to rise with great power. ETH has broken a variety of significant barriers in the last couple of weeks. Even though the crypto recently crossed a new ATH, it looks like the bulls are not finished yet. The Google search volume for Ethereum recently hit an all-time high, which is a clear indication of growing interest in Ethereum. People are eagerly looking forward to what is holding in for Ethereum 2.0. Moreover, Ethereum has seen a roughly 80% increase in price over five days during the first week of the year from 2nd January 2021. And with a great plunge in from retail investors, this year has great news coming up for the token.  Therefore, do put this token on the top of your list when you think about Altcoin investments in March.  Binance Coin (BNB) If the crypto bull run needs a fitting example, then one should talk about Binance Coin’s upward trajectory in February 2021. … Continued

The post Top 5 Altcoins to Invest in March 2021 appeared first on Cryptoknowmics-Crypto News and Media Platform.



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