Best cryptocurrency to invest in 2021

Best cryptocurrency to invest in 2021

Bitcoin might have topped in popularity in 2018, but it's now facing increasing pressure from other cryptos that are doing the same.

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Their excitement surrounding some obscure projects — up to and including Longfin, a fintech company now caught up in US securities regulators' probe into its cryptocurrency purchase — comes at a time when the number of people using Bitcoin has grown much slower than the number of transactions in the blockchain, the decentralized ledger that records transactions in the cryptocurrency.

The performance of other major cryptos is far more consistent, which is to say Bitcoin doesn't always dominate.
CryptoWeekly reports that the total market cap of all cryptocurrencies has grown about 40% in 2018, versus 40% growth in transactions.
That the market cap of all cryptos is now north of $350 billion and the total number of unique wallets has reached 177 million.

Three top cryptocurrencies will account for 75% of the market cap, according to a Forbes report in November. The top three are:Bitcoin (XBT), currently worth around $125 billion.Ethereum (ETH), at $22 billion.Ripple (XRP), at $6 billion.As for the next big things in cryptocurrency, they include Bitcoin cash, Litecoin and Stellar.

As for what Bitcoin's current successor could be: Coinbase chief executive Brian Armstrong thinks so, and has set up a project for that purpose. In the meantime, bitcoin cash is still around, so we'll go with that for now.Also making the list: Dash, which is growing faster than Bitcoin Cash and Ether; Monero, as well as Stellar and NEM.

Here's a bigger-picture view, based on data from CoinMarketCapcom:Adam WhiteExplainerSilver to continue rising in 2019Silver rose an additional 3.13% to $15.35 on the Chicago Mercantile Exchange in early trading on Friday, compared with silver's year-to-date gain of more than 5%. That puts silver at roughly a 10% premium to gold prices, which stood at around $12.27 at the end of last week.

Citing economic growth concerns and lower prices for precious metals, one leading investor put his money in palladium, a metal he thinks will be the best performer in the commodities complex in 2019.

Spot silver hit a 14-month low in November, but has shown signs of life since, supported in part by a weak dollar and falling stock marketsRead more: Palladium, a silver metal, has skyrocketed in price and shows no signs of letting upSign up for China Deep Dive, a new weekly newsletter from The Wall Street Journal that takes you inside China

What happened last week:

The Dow Jones Industrial Average DJIA, +2.18% surged more than 500 points Thursday, the largest daily gain since June 2016.The S&P 500 index SPX, +2.47% rose 2.5% to end at 2,506.64, while the Nasdaq Composite Index COMP, +2.78% climbed 2.8% to 6,636.83.What to look for this week:

In addition to President Donald Trump's State of the Union address on Tuesday night, look for a meeting between Trump and newly elected French President Emmanuel Macron on Monday. French and U.S. officials are working to reach a new agreement on military spending by year's end.Among economic data scheduled for release this week, next Tuesday's ISM