When someone mentions cryptocurrency, the only common terminology that people are aware of is Bitcoin. However, the best cryptocurrencies to invest in go beyond just Bitcoin. While it is true that Bitcoin has gained a lot of popularity for investments, such as in a bitcoin casino and on other platforms, you need to realize that there is more to cryptocurrency than just Bitcoin.

While it is true that this has gained a lot of popularity for investments as a bitcoin casino and on other platforms, you need to realize that there is more to cryptocurrency than just bitcoin. In 2021, when more and more people are switching to digital payment modes and other types of investments, knowing about some of the best types of cryptocurrencies is going to be highly rewarding.

Following are some of the most popular emerging cryptocurrencies that you can consider investing in in 2021.

Bitcoin Cash

Let us start with a different variant of bitcoin other than the staple one. Emerging as one of the leading forms of digital currencies, Bitcoin cash has come a long way. While people initially became frustrated with the smaller blocks of data in the Bitcoin blockchain, things have now changed and propelled for the better. The value of Bitcoin Cash has fallen substantially in 2021 but the popularity and the worth are not going to get down anytime soon.

Ethereum

Ethereum is giving Bitcoin a run for its money. With a market valuation of over $256 billion, it’s a strong investment option. Ethereum currently captures around 18% of the cryptocurrency market. One of its key advantages is that it eliminates the need for banks and brokerages, allowing for direct investments.

Cardano

Unless you are a cryptocurrency connoisseur, you likely wouldn’t have heard this term before. This involves secure peer-to-peer transactions and is currently at a $43 billion valuation in the market, which is fairly a lot more than you’d expect or imagine. This is the fifth most popular and valuable cryptocurrency in the market at the moment.

Dogecoin

With the growing popularity of the cryptocurrency fair, Dogecoin, one of the best cryptocurrencies to invest in, was created to represent everyone’s loved dog breed, Shiba Inu. However, once developed as a joke, Dogecoin has now evolved and spiked its valuation by 4000% in 2021. Currently, Dogecoin’s valuation remains under a dollar, but with the kind of popularity it has gained over time, it is soon going to make a mark for the better. Also, Dogecoin has a faster mining rate as opposed to some of the other popular cryptocurrencies.

Binance Coin

Touted as the fourth most popular cryptocurrency, Binance Coin is one of the best cryptocurrencies to invest in. It has a limit on the number of tokens in circulation, capped at $200 million. In 2021, the coin’s valuation increased by 70%, showing that purchasing it could pay off in the long run. The current market valuation of Binance Coin is $50 million.

If you plan to enter the cryptocurrency market in 2021, consider including these options in your investment list. Be sure to educate yourself before making final decisions.