Читать книгу Cryptocurrency All-in-One For Dummies - Peter Kent, Kiana Danial - Страница 86

The preceding sections introduce some of the most well-known cryptocurrencies that also have some of the largest market capitalization on average. But being famous doesn’t necessarily mean they’re better. In fact, many analysts and investors believe some of these celebrity cryptocurrencies may vanish within ten years (see Book 5, Chapter 2 for more). Also, having a bigger market cap doesn’t necessarily mean having a brighter future. Their current popularity may just be the proverbial 15 minutes of fame, and they may therefore have lower growth opportunity compared to those that are less known.

Chances are that if anything should happen to a core cryptocurrency, a hard fork may come along that saves it. As explained in Chapter 2 of this minibook, if you’ve already invested in a cryptocurrency when it forks, you get the same number of new coins anyway. That’s why I’ve recommended to my Premium Investing Group members to start their cryptocurrency portfolio by first diversifying among the top ten largest ones by market cap and then get into other, different categories. You can stay up to date with my most recent cryptocurrency investing strategies at https://learn.investdiva.com/join-group.

The remaining cryptocurrencies in the top ten keep bouncing on and off the list, but Table 4-1 shows some that were on the list more consistently in 2021.

TABLE 4-1 Some Top Ten Cryptos As of 2021

Crypto	Symbol	Description
Tether (www.tether.to)	USDT	A stablecoin that mirrors the price of the U.S. dollar.
Binance Coin (www.binance.com)	BNB	Binance is a crypto exchange with their own coin.
Solana (www.solana.com)	SOL	Created for dApp (decentralized app) and DeFi (decentralized finance) projects.
USD Coin (www.circle.com)	USDC	A stablecoin that mirrors the price of the U.S. dollar.
Polkadot (www.polkadot.network)	DOT	Helps different chains communicate with each other.
Dogecoin (www.dogecoin.com)	DOGE	A meme coin with a Shibu Inu dog as its mascot.
Terra (www.terra.money)	LUNA	A token used to stabilize the price of Terra’s various stablecoins.
Avalanche (www.avax.network)	AVAX	A smart contract platform using three individual chains.
Uniswap (www.uniswap.org)	UNI	A decentralized trading protocol facilitating automated trading of DeFi tokens.
Chainlink (www.chain.link)	LINK	Allows integration of off-chain data into smart contracts.