Sometimes, Litecoin has been used as a proving ground for technologies that were later implemented into Bitcoin. While Bitcoin uses the SHA-256 hash function, Litecoin uses the scrypt hash function. Just like Bitcoin, Litecoin also uses Proof-of-Work to reach consensus about the state of its Ledger. Its targeted block time is 2.5 minutes, which is 4 times faster than Bitcoin’s targeted block time. Litecoin has a maximum coin supply of 84 million, which is 4 times larger than that of Bitcoin. Litecoin is heavily based on Bitcoin, as it started off as essentially a modified version of Bitcoin’s codebase. Litecoin is a cryptocurrency that was initially launched in October 2011, making it one of the oldest “altcoins” on the market. A great starting point is to buy cryptocurrency on KuCoin and store it in a Ledger hardware wallet. In our opinion, the best way to invest in crypto is to transfer your coins to a hardware wallet after you buy it on an exchange. It's also important to choose the right platform to buy crypto, and you also have to decide how you will be storing your cryptocurrency. We update these highlighted coins on a weekly basis to reflect the latest developments in the world of crypto and blockchain.īefore we dive into our list of the best cryptos to buy, we should note that choosing which crypto to buy is only the first step in your crypto investment journey. Let’s start off by highlighting three cryptocurrency projects that have seen important developments recently, or have big events coming up in the near future. Shiba Inu - Meme coin on the Ethereum blockchain.Stellar - Cryptocurrency for fast and efficient asset transfers.Mina Protocol - An extremely lightweight blockchain.GMX - A decentralized crypto derivatives exchange.Cosmos - The leading decentralized storage project.Uniswap - A project with multiple Ethereum scalability solutions.BNB - A popular cryptocurrency utilized in the Binance ecosystem.Ethereum - The leading blockchain for smart contracts and DApps.Bitcoin - Decentralized peer-to-peer cryptocurrency.Maker - The DeFi protocol behind the Dai stablecoin.Litecoin - A cheaper and faster alternative to Bitcoin.Here's our roundup of the best cryptocurrency to invest in 2023: The top three coins on our list are updated weekly to reflect the most up-to-date developments in the crypto and blockchain sector. You can read more about our criteria a bit further down in the article.īy doing so, we’ve narrowed the list down to 12 cryptocurrencies that present the most compelling opportunities at the moment. We’ve analyzed 200 of the top cryptocurrencies based on their liquidity and availability, technology, sector leadership, tokenomics and more key factors. Therefore, it’s important to choose quality crypto projects that have a good chance of surviving the bear market and thriving in the future. With the cryptocurrency markets still in an uncertain position, many crypto investors are wondering if it’s time to sell in order to avoid further losses or if the market is going to recover soon.Įven though the crypto markets have so far always recovered from their bearish periods, every bear market has its “casualties” that never make a strong recovery.
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