Top 5 Cryptocurrencies To Invest In For 2021, according to analyst Brian Jung
In the recent video, famous crypto KOL Brian Jung reveals the top 5 cryptocurrencies in his portfolio to earn massive gain for the year 2021.
The first cryptocurrency on the list is “the king of crypto” Bitcoin (BTC) which has experienced 850% rally over the year.
The trader lists out 3 main reasons to hodl Bitcoin in the portfolio, including its current market capitalization of over 1 trillion dollars, its popularity among the entire crypto network, its modern-day digital gold characteristics.
“It is an instrument of power and it fights against inflation or storing one’s wealth without the risk of seizure”.
Next on the 2021 list is Ethereum (ETH).
“If bitcoin is the alpha, Ethereum is considered the beta… Bitcoin is like the digital gold, whereas Ethereum is electricity”, he says.
According to Jung, many people actually believe that Ethereum has a much higher possibility of going to the moon than Bitcoin does in its current state and this is because, unlike Bitcoin, Ethereum actually has a much more different goal to develop and endless use case scenarios.
Third on Jung’s radar is Chainlink (LINK). The coin has increased 1,289% over the last one year.
Basically, Chainlink is the link that connects blockchain technology to existing infrastructures.
“This cryptocurrency offers many many different benefits, but the one that you need to focus on the most is this Chainlink provides reliable tamper-proof inputs and outputs for complex smart contracts on any blockchain”.
Ecomi (OMI) is the next coin of the year.
“ECOMI is made up of two different elements: the former ECOMI Collect ecosystem (now known as VeVe) and the ECOMI Secure Storage Wallet. VeVe contains the VeVe store, a second-hand market, an augmented reality showroom, and a social feed”.
ECOMI allows users to both buy and sell digital collectibles, as well as show off their items with VeVe’s social media aspect. VeVe also has brand partnerships with well-known licensors in the traditional collectors market, as mentioned, including many D.C. characters like Batman and Wonder Woman.
According to Jung, this cryptocurrency has a deflationary nature, meaning the token supply is removed from the market over time, naturally due to the laws of economics (a finite supply often entails higher value because of lower supply).
Harmony One (ONE)
Last on the list is Harmoney One (ONE). The coin has run up 200% over the last week.
Harmony is a blockchain platform designed to facilitate the creation and use of decentralized applications (DApps). The network aims to innovate the way decentralized applications work by focusing on random state sharding, which allows creating blocks in seconds.
“Harmony was actually built from the ground up and addresses the issues of scalability, security, decentralization, and privacy by using sharding to optimize all of this”.
Disclaimer: Opinions expressed at AZCoin News are not investment advice. Investors should do their due diligence before making any high-risk investments in cryptocurrencies. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. AZCoin News does not recommend the buying or selling of any cryptocurrencies.
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