Blue Royal Investments Broker Enlists The Cryptocurrencies That Made It To This Month (You Don’t Want To Miss This!)

London, UK – When it comes to choosing the right cryptocurrency for you, there are many different options to consider. Whether you’re looking for a digital currency with high transaction volume, low transfer fees, or fast processing times, there is sure to be a coin to suit your needs. That said, Blue Royal Investments broker Benjamin Phillips says some cryptocurrencies have emerged as clear leaders in terms of market capitalization and global popularity. These include Bitcoin and Ethereum, which together make up over 60% of the entire cryptocurrency market. So whether you’re just starting out in crypto or you’re an experienced investor looking for the next big winner in this exciting new space, these are the top coins to keep on your radar.

Bitcoin (BTC): Are you brave enough to take on Bitcoin?

Bitcoin (BTC) is the original cryptocurrency, created in 2009 by someone under the pseudonym Satoshi Nakamoto. With a market cap of $880 billion, BTC is the most valuable cryptocurrency in the world. The beauty of Bitcoin is that it’s secured by mathematics, not just by someone with a gun. It doesn’t matter who you are or how much power they have–no one can take away your right to freely trade things worth gold if those goods don’t exist in reality! When BTC was first created, it was meant to be a decentralized alternative to traditional fiat currencies. However, due to its high value, BTC has become more of an investment than a currency. While some businesses do accept BTC as payment, it is still mostly bought and sold as an asset. Given its volatile price swings, BTC is not for the faint of heart. But for those willing to take on the risk, BTC can provide incredible gains.

As Bitcoin becomes more and more mainstream, its price has been skyrocketing. In May 2016, a single Bitcoin was worth around $500. As of April 1, 2022, one Bitcoin was worth over $46,300. That represents a growth of more than 9,000%. While some investors are worried that the Bitcoin bubble will burst, others see this as a sign that the cryptocurrency is here to stay. Only time will tell what the future holds for Bitcoin, but its recent price growth shows that it is definitely a force to be reckoned with.

Ethereum: Is the new Bitcoin!

Ethereum is one of the most successful cryptocurrencies in history. It first started trading at about $11 per coin, and by April 2022, it reached over 3 thousand dollars for 1 Ether (their token). Successful adoption by major corporations has driven its rise as they adopt this blockchain platform to implement various use cases, including payments or supply chain management- there’s no limit! With Ethereum’s rapid growth showing no signs of slowing down, it looks poised to remain a leading force in the cryptocurrency world for years to come.

Tether: Stable Cryptocurrency with a 1:1 Value to USD

Tether is a cryptocurrency that is designed to be stable, meaning it is backed by fiat currencies and theoretically has a value equal to one of those denominations. Tether is favored by investors who are wary of the extreme volatility of other coins, as it is supposed to be more consistent in value. However, tether has come under fire in recent months as questions have arisen about whether it is actually backed by the fiat currencies it claims to be, leading to concerns about its stability. Despite these concerns, tether remains one of the largest cryptocurrencies by market cap, and its stability continues to attract investors. Only time will tell whether tether can maintain its position in the market amid these challenges.

Binance Coin: The #1 exchange for altcoins, tokens, & ICOs

Given its wide range of uses and growing market cap, the Binance Coin has become one of the most popular forms of cryptocurrency on the market today. Many people use it for trading on Binance’s flagship exchange or for paying their trading fees. Others use it for making purchases or booking travel plans, thanks to its integration with a number of major retailers and travel providers. And some use it as an alternative form of currency to trade or exchange with other coins. Whatever your needs may be, there is no doubt that the Binance Coin is fast becoming a powerful force in the world of cryptocurrency. So if you want to stay ahead of the curve and stay connected with one of today’s leading crypto exchanges, be sure to start exploring the many benefits that come along with investing in BNB. With its impressive market cap and impressive utility value, it is clearly a coin worth watching closely.

Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.

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