Crypto assets or cryptocurrencies are growing rapidly and are historically considered to enter a bullish phase every fourth quarter. This digital currency continues to grow both in terms of value, type, and investors.
Now crypto assets are a concern in various countries and investors. However, it should be noted that fundamental analysis, such as investing in stocks, is not suitable for investing in crypto assets.
Unlike stocks, each cryptocurrency was created with a different background and purpose.
Quoting from Yahoo Finance, Tuesday (12/10/2021). here are seven cryptocurrencies to choose from for collection.
Bitcoins (BTC)
Currently, Bitcoin can be categorized as a bluechip crypto asset. In the 12 years since its launch in 2012, BTC's market cap has touched US$1 trillion.
In addition, the existence of Bitcoin is increasing when Tesla Inc. (TSLA) buying up BTC. Coupled with El Salvador's decision to make BTC a legal tender.
Ethereum (ETH)
This one coin can be called a rival to Bitcoin as a bluechip crypto. Ethereum was able to grow fast in decentralized finance (DeFi) and snatch market share from Bitcoin.
At the start of 2021, BTC accounted for 70.7 percent of the market, while ETH was only 10.8 percent. However, until Tuesday (12/10/2021) ETH rose, contributing 18 percent and BTC 45.1 percent.
Solana (SOL)
As of 2021, Solana is one of the top 10 crypto assets by market cap. During the year, Solana jumped from US$1.51 to US$160.
SOL's increased market cap is supported by significantly lower transaction fees and Solana offers faster speeds than other coins.
Axie Infinity Shards (AXS)
Axie Infinity Shards is one of the coins built on the Ethereum blockchain. Unlike other coins, Axie is a blockchain game inspired by the Pokemon game.
AXS has a central role in the gaming ecosystem. Axie presents a play-to-earn option that creates sustainable use. Plus each character is its own non-fungible token (NFT).
Cardano (ADA)
Cardano has the third largest market capitalization after Bitcoin and Ethereum. Uniquely, ADA was created by one of the co-founders of Ethereum.
Cardano also uses a proof-of-stake protocol, in this way Cardo provides incentives for users to create new blocks.
Binance Coin (BNB)
By trading volume Binance is included in cryptocurrency exchanges. Initially Binance was on the Ethereum blockchain, but BNB started forming its own blockchain.
Since the initial offering of the Bincane coin in 2017, the price of BNB has jumped from 10 cents to around US$415. Then, throughout the current year 2021, the coin has gone up by around 1,000 percent.
Wilder World (WILD)
Wilder World is a coin that just debuted in May 2021. Even so, investors can take advantage of WILD to speculate small amounts.
However, the drawback is that WILD does not have a track record like the six coins above. In addition, Wilder World's market capitalization is around US$118 million.
source: https://market.bisnis.com/read/20211012/94/1453453/7-rekomendasi-aset-kripto-terbaik-untuk-dibeli-jelang-akhir-2021