The 8 most valuable cryptocurrencies the world is excited about
Of the many technological advancements over the last few years, cryptocurrency with its heightened privacy features and decentralised nature has definitely caught the world’s attention.
This new decentralised digital currency, which operates using the peer-to-peer blockchain technology, while gaining popularity has also raised questions about the uses for this kind of unregulated currency. Some, like Warren Buffet, are likening the popularity of Bitcoin (by far the most valuable cryptocurrency) to the dot-com bubble of 20 years ago and insisting that a crippling crash of its valuation is highly likely.
For now, however, cryptocurrencies continue to go from strength to strength with new ones being created seemingly every other day. Investors, undeterred by the possibility of the ‘bubble bursting’, are flocking to this new market in hopes of gaining returns on their investment that just can’t be matched by any stock exchange in the world. If you’re considering taking the risk and nvesting in this burgeoning sector, here are eight popular cryptocurrencies (chosen based on their price and market cap) that could be worth your while.