Don’t sweat over digital assets investments, as the following list contains cryptocurrencies to invest in if you missed out on Bitcoin in 2010. When the acclaimed creator of Bitcoin, Satoshi Nakamoto, started mining the currency in 2009, the few people who knew about it were a bit skeptical. You’re probably thinking, “If only they knew!”
While Bitcoin may be out of the financial reach of the average investor today, there are alternative cryptocurrencies that are equally good investments. So, below is a list of 10 cryptocurrencies to invest in if you missed out on Bitcoin in 2010.
10. Rexas Finance (RXS)
Rexas Finance is one of the new kids on the DeFi turf. This currency takes the tokenization of conventional assets to a whole new level. With RXS, you can tokenize intellectual property, gold or other commodities, art, and even real estate.
The greatest plus of this currency is that it is powerful and flexible. The updates on the native token will make it compatible with new financial ecosystems in the future. This is currently impossible with conservative cryptos like Binance coin.
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9. Solana (SOL)
Solana speeds up financial transactions to lightning speed, even faster than credit card swipes. Despite being super fast, this blockchain financial system charges less than a cent for each transaction. This affordability gives SOL a natural edge over many other cryptocurrencies, like Ethereum.
Cryptocurrency enthusiasts who have run trial transactions posit that Solana can process 50,000 transactions per second.
8. Cardano (ADA)
The backbone of the Cardano currency is more than a blockchain; it behaves more like the neural network of a cerebral system. Cardano is a product of research and peer-reviewed development, making it one of the most scalable and secure blockchains.
While the returns of investing in Cardano show prospects of tangible returns, investors need to have the virtue of patience to see their seed yield fruits.
7. Polkadot (DOT)
The Polkadot blockchain design embodies sustainability. Its blockchain is robust and interoperable with future cryptocurrency ecosystems. Thus, whereas some blockchains are locked up in legacy systems, DOT is open to inter-currency translatability.
This Web3 capability stands out DOT among the cryptocurrency lot out there. The odds are high for Polkadot as one of the top cryptocurrencies of the future.
6. Shiba Inu (SHIB)
Since its creation in 2020, Shiba Inu has morphed into an entire ecosystem. It runs on a decentralized exchange called ShibaSwap, developed by an anonymous individual or group known as Ryosi.
There is no arguing that SHIB, like some stocks, has volatile tendencies. However, the investment yield can be very exciting when the investor can exercise resolute patience. Due to similarities in their logos, rookies may confuse SHIB for Dogecoin.
5. Avalanche (AVAX)
Most developers prefer Avalanche for several reasons. One is that it is forward-compatible with Ethereum tools and complements its blockchain with affordability and speed.
AVAX is like a financial emulsifier; while it prioritizes decentralization, it equally puts scalability in plain view. So, if you’re down on creating digital assets like NFTs and trading on DeFi, this currency should allow you even faster transactions than Ethereum.
4. ChainLink (LINK)
Chainlink is yet another decentralized blockchain that runs on the Oracle network. Its token relies on the Ethereum backbone. However, this currency’s peculiarity is that it aids the secure data transfer from outside the blockchain.
Although most cryptocurrency blockchains are decentralized, they still need data to function. So, Chainlink makes the data available to smart contracts without compromising security.
3. Ripple (XRP)
Ripple made this list because of its resilience and widely acclaimed credibility. Currently, XRP is the subject of an ongoing lawsuit with the Securities and Exchange Commission. This currency is perfect for glitch-free, cross-border transactions.
Indeed, many financial institutions around the world are adopting XRP at the speed of innovation. Someone new to cryptocurrencies may be skeptical about all the controversies surrounding XRP. However, it is a worthy investment for the future.
2. Algorand (ALGO)
Long-time cryptocurrency enthusiasts have proven that Algorand has a handful of real-life applications. It could offer global supply chain solutions while simultaneously serving as a digital currency.
You can short some digital currencies through blockchain forks, but not ALGO. In addition, mining Algorand is said to be energy-efficient.
1. Ethereum (ETH)
Most of the new cryptocurrencies built their ecosystem on Ethereum’s blockchain template. Indeed, some of these currencies have tokens directly hosted on the Ethereum network.
Ethereum is just like Bitcoin in its level of acceptance and robustness. However, it is not of the average investor reach. In addition, it is one of those currencies of the future.
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If you are looking for the best currency to invest in today, go through our list again and identify what works best for your investment and financial goals. Nothing stops you from investing in multiple alternative cryptocurrencies. Who knows, you just might be able to catch up with crypto billionaires by 2050. Besides the cryptocurrencies on our list, you can diversify your digital portfolio by including some Litecoin and Binance Coins. However, endeavor to invest in these top 10 cryptocurrencies if you missed out on Bitcoin in 2010.