The best digital currency deserves to be an investment instrument. Especially now that the digital world continues to grow very quickly. It is certain that the medium of exchange will also experience changes in the next few years. Meanwhile, digital currency has been seen as a promising one.
Cryptocurrency or virtual currency basically has a mechanism and system that is much different from ordinary currency. In terms of transactions, you don't need a third party or the like. Meanwhile, in terms of security, cryptocurrency offers a much better security encryption system.
This makes many people currently mining crypto coins through their hardware. There are already hundreds, even thousands of types of cryptocurrency that have been circulating. Even Indonesia also has one of them with the name Cyronium. Then what are the best crypto coins? And how is a crypto coin said to be the best?
Best Digital Currency List
Because there are so many types of cryptocurrencies, of course not all of them can have high value. Only a few crypto coins have reached tens to hundreds of millions in value. In addition, the best crypto coins can be seen from how many people make transactions with the currency.
1. Bitcoins (BTC)
Bitcoin has long dominated cryptocurrency. Since its presence several years ago, Bitcoin has not immediately had value. However, after several years, its value has increased sharply. Even when compared to gold or oil, the value of Bitcoin is still far superior.
In February 2021 the value of Bitcoin even almost touched Rp. 750 million. This value makes Bitcoin a crypto coin with the highest value in the world. This is what makes many people start investing in this best digital currency because they see the potential market cap.
2. Ethereum (ETH)
Ethereum was able to reach the second position as the best digital currency at the moment. Ethereum's long journey has experienced a drop in value, especially in 2018. Interestingly, this crypto coin can upgrade. Currently Ethereum is in version 1.0, but will be upgraded to Ethereum 2.0.
In February 2021, the value of Ethereum reached almost IDR 30 million for each coin. Even though its value has fluctuated, Ethereum is one of the most mined crypto coins. Even its market cap continues to grow at a very fast pace which makes it popular.
3. Ripple (XRP)
The third crypto coin that is considered the best is Ripple. There are many reasons why Ripple is able to be in the top 3 of the best crypto coins. One of them is that Ripple is diligent in cooperating with world financial institutions. Call it Western Union to Master Card, which have been collaborating for a long time.
How Can Currency Be Called Best?
There are several reasons why a crypto coin is called the best. The first is whether the market value will continue to rise or not. If it continues to rise, then the price will also continue to experience a sharp increase. Call it Ripple, which has a market value of more than USD 1 trillion.
However, judging from the exchange rate, Ripple is still quite cheap. This is because for each Ripple coin it is only valued at IDR 7,000. But that doesn't mean Ripple won't see a sharp rise. The market cap alone has increased several times and continues to grow.
There is also because of the needs and the number of transactions made. Bitcoin, which has almost touched Rp. 740 million, has had hundreds of transactions. This shows that crypto coins are considered more secure in terms of security and value.
Interestingly, Bitcoin can become the controller of other cryptocurrencies. If Bitcoin declines in value, then other crypto coins will follow suit. This happened in 2018 when almost all crypto coins fell. But then it started to rise again to a stable level.
Coupled with the difficulty of mining crypto coins. For example, for mining equipment alone requires a graphics card that costs tens of millions. Plus the longer mining time which makes the value increase because even getting 1 coin takes a long time.
Krypto coins are indeed a very promising asset for an investment. Its value continues to increase along with the need for digital transactions. It's no wonder that currently many new cryptocurrencies have emerged to become the best digital currency.
The best digital currency deserves to be an investment instrument. Especially now that the digital world continues to grow very quickly. It is certain that the medium of exchange will also experience changes in the next few years. Meanwhile, digital currency has been seen as a promising one.
Cryptocurrency or virtual currency basically has a mechanism and system that is much different from ordinary currency. In terms of transactions, you don't need a third party or the like. Meanwhile, in terms of security, cryptocurrency offers a much better security encryption system.
This makes many people currently mining crypto coins through their hardware. There are already hundreds, even thousands of types of cryptocurrency that have been circulating. Even Indonesia also has one of them with the name Cyronium. Then what are the best crypto coins? And how is a crypto coin said to be the best?
Best Digital Currency List
Because there are so many types of cryptocurrencies, of course not all of them can have high value. Only a few crypto coins have reached tens to hundreds of millions in value. In addition, the best crypto coins can be seen from how many people make transactions with the currency.
1. Bitcoins (BTC)
Bitcoin has long dominated cryptocurrency. Since its presence several years ago, Bitcoin has not immediately had value. However, after several years, its value has increased sharply. Even when compared to gold or oil, the value of Bitcoin is still far superior.
In February 2021 the value of Bitcoin even almost touched Rp. 750 million. This value makes Bitcoin a crypto coin with the highest value in the world. This is what makes many people start investing in this best digital currency because they see the potential market cap.
2. Ethereum (ETH)
Ethereum was able to reach the second position as the best digital currency at the moment. Ethereum's long journey has experienced a drop in value, especially in 2018. Interestingly, this crypto coin can upgrade. Currently Ethereum is in version 1.0, but will be upgraded to Ethereum 2.0.
In February 2021, the value of Ethereum reached almost IDR 30 million for each coin. Even though its value has fluctuated, Ethereum is one of the most mined crypto coins. Even its market cap continues to grow at a very fast pace which makes it popular.
3. Ripple (XRP)
The third crypto coin that is considered the best is Ripple. There are many reasons why Ripple is able to be in the top 3 of the best crypto coins. One of them is that Ripple is diligent in cooperating with world financial institutions. Call it Western Union to Master Card, which have been collaborating for a long time.
How Can Currency Be Called Best?
There are several reasons why a crypto coin is called the best. The first is whether the market value will continue to rise or not. If it continues to rise, then the price will also continue to experience a sharp increase. Call it Ripple, which has a market value of more than USD 1 trillion.
However, judging from the exchange rate, Ripple is still quite cheap. This is because for each Ripple coin it is only valued at IDR 7,000. But that doesn't mean Ripple won't see a sharp rise. The market cap alone has increased several times and continues to grow.
There is also because of the needs and the number of transactions made. Bitcoin, which has almost touched Rp. 740 million, has had hundreds of transactions. This shows that crypto coins are considered more secure in terms of security and value.
Interestingly, Bitcoin can become the controller of other cryptocurrencies. If Bitcoin declines in value, then other crypto coins will follow suit. This happened in 2018 when almost all crypto coins fell. But then it started to rise again to a stable level.
Coupled with the difficulty of mining crypto coins. For example, for mining equipment alone requires a graphics card that costs tens of millions. Plus the longer mining time which makes the value increase because even getting 1 coin takes a long time.
Krypto coins are indeed a very promising asset for an investment. Its value continues to increase along with the need for digital transactions. It's no wonder that currently many new cryptocurrencies have emerged to become the best digital currency.
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