Top crypto currency 2021 BLOCKCHAINX
TRC20 Token Generator - Blockchainx
Oct 07, 2021
Are you looking for the best token development company that would guide you enter with your very own Tron token? Blockchainx is your all in the one-stop-shop solution for everything crypto token related like ERC, TRC & more. We have successfully created numerous very complicated models for cryptocurrencies with a pursuit in Token development, ICO & STO marketing & more.
Welcome message from author
Are you looking for the best token development company that would guide you enter with your very own Tron token? Blockchainx is your all in the one-stop-shop solution for everything crypto token related like ERC, TRC & more. We have successfully created numerous very complicated models for cryptocurrencies with a pursuit in Token development, ICO & STO marketing & more.
Transcript
Top crypto currency 20211. BITCOIN Although currently relatively expensive, Bitcoin remains a promising
cryptocurrency in 2021 that can still beat new highs. This cryptocurrency,
which over 50% dominates the entire market, was launched in 2009.
Bitcoin is primarily used for storing value, investing, and transferring funds.
Pros and cons of Bitcoin Advantages of Bitcoin
The volatility is relatively low compared to other altcoins and prices have
become more predictable
It benefits from the network effect
Widely accepted as a payment method
Disadvantages of Bitcoin
More volatile than other investments such as stocks and ETFs
Irreversible transactions
Poorly regulated despite large transaction volumes
2 - Ethereum (ETH) Many programmers and entrepreneurs were instrumental in the development of
Ethereum , but the credit goes mostly to Vitalik Buterin and Gavin Wood.
It is an open source platform that developers can use to create cryptocurrencies and
decentralized applications.
ETH is the leader and initiator of innovative concepts such as:
smart contracts
Renowned development team
Non-fungible token holder
Disadvantages of Ethereum
ETH was one of the first blockchains to be created. Today, the platform shows its
limits with the increase of its community
Scalability issues
High fees.
3 - Ripple (XRP)
Ripple was truly the first cryptocurrency project to have the backing
of traditional financial institutions. It is the result of the work of Jed
McCaleb and Chris Larsen.
The XRP token is linked to a technological platform that was designed
as a way to facilitate cross-border payments and transfers of funds.
And it is for this reason that it has generated considerable interest
from major banks around the world.
Pros and cons of Ripple Benefits of Ripple
Ripple is still a cheap cryptocurrency . Some analysts believe it will reach $ 1,000 Use in the financial system
Ripple Labs is well established with over 500 employees
Partnerships with large institutions
decentralization
All XPRs are already in circulation
4 - Tron (TRX)
Tron was launched in 2017 as an ERC-20 token on the Ethereum network
to fund the project. In early 2018, investors, who got tokens, exchange
them for a token running on the Tron network that already had some
basic functionality.
Since then, all Tron tokens have been operating on their own network .
The TRX is the native token of its protocol. Development of tron token
mainly focuses on decentralized entertainment market: social networks,
gaming, online casino, etc.
Better compensation for artists with a decentralized entertainment platform
Highly experienced development team including experts from Ripple
The network can handle 2000 transactions per second
Disadvantages of Tron
Almost 50% of TRX are held in 10 addresses (centralization)
Only 15% of TRX is available to investors
5 - Dogecoin (DOGE)
The Dogecoin was established in 2013 under the leadership of Billy Markus (former
engineer at IBM), Oregon and Jackson Palmer. Its emblem is the Shiba Inu, a
Japanese hunting dog.
Basically, this virtual currency comes from a fork of the Litecoin blockchain . This
is actually on purpose of a joke rather. However, it had a real goal: to democratize
the crypto sector.
It is in 2021 that Dogecoin becomes a promising crypto currency. It starts the year
around $ 0.005. But in mid-April, it hits an all-time high of $ 0.1445. It may not seem
like much, but it's a 3000% increase ! It then climbed above $ 0.26 shortly thereafter.
It thus integrates the top 10 cryptos in terms of market cap.
Pros and cons of Dogecoin Benefits of Dogecoin
A crypto supported by renowned investors such as Elon Musk
Doge is more and more popular
A positive image
A well-established community
Promising forecasts
Disadvantages
Volatile currency : a simple tweet can lead to a sudden rise in price
Risk of sudden drop or collapse
7. Uniswap (UNI)
Launched in 2018, Uniswap is a decentralized exchange protocol based on
Ethereum. It is an automated liquidity protocol.
On this exchange platform, no order book or centralized part is necessary. Through
smart contracts, development of uniswap UNI enables users to trade without an
intermediary, achieving a high level of decentralization and resistance to
restrictions.
The system relies on liquidity providers who create liquidity pools for the Uniswap
platform. Therefore, users can seamlessly exchange their tokens between virtually
any ERC-20 token.
Good alternative to centralized platforms
Solves liquidity issues of centralized platforms
Without KYC (identity verification)
Low transaction fees
Disadvantages of Uniswap
Only ERC-20 tokens are supported.
Cryptocurrency development company - Blockchainx
As a best cryptocurrency development company, we provide complete solution for custom Altcoin and Cryptocurrency development with secure features. Wish to avail the best Cryptocurrency development services to stay ahead in the market? Contact us
cryptocurrency in 2021 that can still beat new highs. This cryptocurrency,
which over 50% dominates the entire market, was launched in 2009.
Bitcoin is primarily used for storing value, investing, and transferring funds.
Pros and cons of Bitcoin Advantages of Bitcoin
The volatility is relatively low compared to other altcoins and prices have
become more predictable
It benefits from the network effect
Widely accepted as a payment method
Disadvantages of Bitcoin
More volatile than other investments such as stocks and ETFs
Irreversible transactions
Poorly regulated despite large transaction volumes
2 - Ethereum (ETH) Many programmers and entrepreneurs were instrumental in the development of
Ethereum , but the credit goes mostly to Vitalik Buterin and Gavin Wood.
It is an open source platform that developers can use to create cryptocurrencies and
decentralized applications.
ETH is the leader and initiator of innovative concepts such as:
smart contracts
Renowned development team
Non-fungible token holder
Disadvantages of Ethereum
ETH was one of the first blockchains to be created. Today, the platform shows its
limits with the increase of its community
Scalability issues
High fees.
3 - Ripple (XRP)
Ripple was truly the first cryptocurrency project to have the backing
of traditional financial institutions. It is the result of the work of Jed
McCaleb and Chris Larsen.
The XRP token is linked to a technological platform that was designed
as a way to facilitate cross-border payments and transfers of funds.
And it is for this reason that it has generated considerable interest
from major banks around the world.
Pros and cons of Ripple Benefits of Ripple
Ripple is still a cheap cryptocurrency . Some analysts believe it will reach $ 1,000 Use in the financial system
Ripple Labs is well established with over 500 employees
Partnerships with large institutions
decentralization
All XPRs are already in circulation
4 - Tron (TRX)
Tron was launched in 2017 as an ERC-20 token on the Ethereum network
to fund the project. In early 2018, investors, who got tokens, exchange
them for a token running on the Tron network that already had some
basic functionality.
Since then, all Tron tokens have been operating on their own network .
The TRX is the native token of its protocol. Development of tron token
mainly focuses on decentralized entertainment market: social networks,
gaming, online casino, etc.
Better compensation for artists with a decentralized entertainment platform
Highly experienced development team including experts from Ripple
The network can handle 2000 transactions per second
Disadvantages of Tron
Almost 50% of TRX are held in 10 addresses (centralization)
Only 15% of TRX is available to investors
5 - Dogecoin (DOGE)
The Dogecoin was established in 2013 under the leadership of Billy Markus (former
engineer at IBM), Oregon and Jackson Palmer. Its emblem is the Shiba Inu, a
Japanese hunting dog.
Basically, this virtual currency comes from a fork of the Litecoin blockchain . This
is actually on purpose of a joke rather. However, it had a real goal: to democratize
the crypto sector.
It is in 2021 that Dogecoin becomes a promising crypto currency. It starts the year
around $ 0.005. But in mid-April, it hits an all-time high of $ 0.1445. It may not seem
like much, but it's a 3000% increase ! It then climbed above $ 0.26 shortly thereafter.
It thus integrates the top 10 cryptos in terms of market cap.
Pros and cons of Dogecoin Benefits of Dogecoin
A crypto supported by renowned investors such as Elon Musk
Doge is more and more popular
A positive image
A well-established community
Promising forecasts
Disadvantages
Volatile currency : a simple tweet can lead to a sudden rise in price
Risk of sudden drop or collapse
7. Uniswap (UNI)
Launched in 2018, Uniswap is a decentralized exchange protocol based on
Ethereum. It is an automated liquidity protocol.
On this exchange platform, no order book or centralized part is necessary. Through
smart contracts, development of uniswap UNI enables users to trade without an
intermediary, achieving a high level of decentralization and resistance to
restrictions.
The system relies on liquidity providers who create liquidity pools for the Uniswap
platform. Therefore, users can seamlessly exchange their tokens between virtually
any ERC-20 token.
Good alternative to centralized platforms
Solves liquidity issues of centralized platforms
Without KYC (identity verification)
Low transaction fees
Disadvantages of Uniswap
Only ERC-20 tokens are supported.
Cryptocurrency development company - Blockchainx
As a best cryptocurrency development company, we provide complete solution for custom Altcoin and Cryptocurrency development with secure features. Wish to avail the best Cryptocurrency development services to stay ahead in the market? Contact us
Related Documents
