Crypto currencies have become fairly mainstream and as such the top cryptos are now rated as sustainable currencies for everyday use, as well as the future of Fintech. They will also arguably be the best means to power and finance your interactions on the metaverse. It is thus a no brainer that if you intend to play any part in the online future that is here now, you need to know these currencies.
This was the very first serious crypto and is thus openly regarded as the founder of the blockchain technology that we readily use today. It was also the basis for an entire slew of related and linked crypto currencies that have taken the online world by storm. Bitcoin is the crypto that has been most widely used and also the one that has gained the most in value – and lost the most. It is still a very volatile currency (as are all cryptos), but Bitcoin is the one that has led the way and is responsible for the most crypto millionaires. At the time of writing, the Bitcoin was down slightly, but still the most expensive crypto at 1BTC to US$21716.60.
This was the crypto to follow soon after bitcoin, but also the one that set the tone for the manner in which blockchain and blockchain services were offered. The Ether (ETH) is the currency that drives this crypto and block chain system and knowing the live price of Ethereum will be essential if this is a currency you are interested in. It is Ethereum that is argued by many in the sector. It set the tone for a more universal and a wider use for cryptos and the currency that has now been realized through the internet of blockchains and the widespread use and understanding of the benefit of smart secure contracts.
The Dogecoin must be mentioned in any serious discussion of crypto, simply because it shows what can be achieved in the sector by anyone with access to the software and a little crypto knowledge. The dogecoin was invented as a joke and yet it has managed to gain traction in a very niche online community and spread beyond this, challenging for a top spot. Such that it is a currency to keep an eye on. Expect others to follow.
The NFT sector
Although not a crypto currency it is a must to learn and familiarize yourself with the NFT sector if you are already interested and invested in the crypto currency sector. These are individual one-off tokens or artwork that have intrinsic value to the buyer or in the virtual world that the transaction is happening in. They are digital collectibles and can range from pictures and artwork to baseball and Pokémon cards.
The continuous development of new cryptos is something that has become a never-ending story and one that is unlikely to come to an end. As soon as an online community becomes networked and creates a sense of self, it becomes useful for them to have a means of transacting. Crypto provides this ease of anonymous transactions and as such it is here to stay as long as the metaverse continues to develop.