Wondering which is the best cryptocurrency to invest in 2021? You may already know that bitcoin was once the best cryptocurrency to buy. But do you know that there are many other alternate cryptocurrencies other than bitcoin? 

When thinking about the best cryptocurrency to buy, you have various options to choose from apart from bitcoin. There is Ethereum, Dogecoin, Litecoin, and many more to choose from. So let’s find out the best cryptocurrency to invest in 2021 other than bitcoin, of course. 

But first, a note: a list like this can never be completely comprehensive. One of the main reasons for this is that, till January 2021, there were over 4,000 cryptocurrencies in circulation. While many of these cryptocurrencies have little to no traction or trading activity, a few have a significant audience of backers and investors.

6 Best Cryptocurrency to Invest in 2021 Apart From Bitcoin

1. Ethereum

Ethereum, the second most well-known cryptocurrency, shares many of the same characteristics as Bitcoin. There are, nevertheless, some major distinctions. First, let’s look at some Ethereum fundamentals.

The network is powered by “smart contracts” written in computer code and uploaded to the blockchain, also used by other cryptocurrencies. This is an open-source network, similar to Bitcoin, that is regulated by users. Users can buy, sell, and use Ethereum to purchase things on websites that accept them. In April 2021, Ethereum (ETH) price continued to rise, reaching a high of almost 2,500 US dollars at one stage.

2. Ripple

Ripple is the name of the firm that controls the XRP currency’s interactions and payments. Ripple uses a network of nodes that are actually participating banks and financial institutions rather than a public blockchain like Bitcoin. Ripple, unlike most other cryptocurrencies, does not require mining. 

The Ripple founders first released it. This is both a positive and negative aspect of Ripple. After all, many individuals appreciate the idea of cryptocurrencies since they are decentralized and do not require the involvement of big organizations or investors.

However, Ripple is not the best cryptocurrency to buy because of its most significant disadvantage: its low price compared to other cryptocurrencies. As of April 2021, the price of Ripple is $0.56.

3. Litecoin

Litecoin (LTC) is frequently referred to as Bitcoin’s younger sibling. Bitcoin and Litecoin are similar in operation, although there are a few crucial differences:

Charlie Lee, the company’s founder — Unlike Bitcoin’s unknown developer, the originator of Litecoin is well-known.

Transaction speed — The Litecoin system was intended by Lee, an engineer, to be four times faster than Bitcoin. As a result, Litecoin can verify the validity of transactions significantly more quickly.

A number of coins – Bitcoin will have a total of 21 million coins after they are all found, but Litecoin will have 84 million.

The current price of Litecoin is $196.29 (as of April 2021). This compared to a price of $37.25 a year ago, resulting in a fivefold price increase. While it is excellent when compared to nearly any other type of investment, its performance when compared to Ethereum and Bitcoin is certainly below average.

4. Cardano

Cardano is a cryptocurrency developed from a scientific perspective and (is) the only one to be developed and designed by a global team of prominent academics and engineers. So, what exactly does that indicate?

Essentially, the inventors of Cardano appear to be attempting to integrate the finest features of several different cryptocurrencies. A team of scientists and academics is working on this method. As a result, Cardano is designed to be a more long-term cryptocurrency that everyone could use.

Cardano is now trading at a low of $1.19 (as of April 2021). This compared to a price of roughly $0.03 a year ago, representing a staggering 40-fold price increase. There is a reason for Cardano to be on the list of the best cryptocurrency to invest in 2021. Cardano is now one of the best-performing cryptos in terms of price performance, making it the best cryptocurrency to buy.

5. Dogecoin 

In the Bitcoin world, there is another “penny stock,” and I mean literal pennies. It’s now trading at $0.2981 (as of May 2021). It is lightweight in terms of market capitalization, with a value of just around $7 billion. When you compare it to Bitcoin’s market cap of $920 billion, you can realize how little Dogecoin is.

A total of 127 million coins are available for mining, with 113 million already in existence. Thus far, it has primarily been utilized as a payment system on the Internet with negligible traction in the physical economy.

6. Binance Coin (BNB)

Binance Coin has a market valuation of $46.8 billion, making it one of the most valuable cryptocurrencies currently traded. It’s one of the biggest participants in the space, although it’s primarily used to pay Binance cryptocurrency exchange costs.

However, the price movement of this cryptocurrency has been spectacular. The price has risen dramatically in the last year, from $12.07 to $303. Only Cardano outperforms it on this list with a 25-fold growth in a year.

Final Words

Aside from Bitcoin, there are plenty of cryptocurrencies to buy on the market. While Bitcoin remains the undisputed king of the cryptocurrency world, this list of best cryptocurrencies to invest in 2021 will let you explore other coins that could someday dominate Bitcoin.