Dogecoin was launched in 2013. This technology is derived from Litecoin. Dogecoin was created by programmer Billy Markus. Dogecoin was originally planned to produce a maximum of 100 billion Dogecoins but over time, Dogecoin was announced to have an unlimited supply.
According to the best crypto tracker, initially the Doge was used as a joke currency with a very low price. Some believe Doge will increase to $1 some do not. But interestingly in early 2021, Doge fans are increasing, especially when there are tweets from Tesla CEO, Elon Musk. This was a fantastic moment for Dogecoin.
At the beginning of January 2021, Doge was still cheap and in just one month, as of January 29, 2021, Doge managed to break through $100 and in early May 2021, Doge managed to reach above $ 5000.
Ripple or XRP
RippleNet is a payment service network such as a Bank and financial services business developed by Ripple. Ripple was designed as an everyday payment system. XRP itself is a representation of the Ripple network.
The difference between XRP and Bitcoin and Ethereum is that Ripple does not use Blockchain, while both coins do. XRP is quite interesting until 2021, you know. Maybe you are interested? XRP in early May 2021 has already reached over $10 per coin. Hm, let's try fun if you're interested.
Ethereum or ETH
In the second position is Ethereum which has a fairly high level of liquidity. This is caused by trading this one currency quite a lot. So that the disbursement is easier than other digital currencies.
The Ethereum exchange rate did experience a decline in 2018, just like Bitcoin. However Ethereum bounced back in 2020 and was able to occupy the second position on CoinMarketCap. In 2021, ETH remains the mainstay after Bitcoin. The all time high ETH is almost close to $6000 you know per coin in early May 2021.
Litecoin or LTC
Litecoin is often referred to as the best digital currency because it has a high level of liquidity and a large market share. This digital currency can be equated with BTC and ETH. There are currently 84 million Litecoins circulating freely on the market.
Litecoin is worth owning because it has several advantages. One of them is the mining process which only takes about 2 minutes. No wonder investors are more interested in LTC than others.
Bitcoin or BTC
This digital currency is still in position one (check coinmarket.com). Bitcoin also holds the title of the most popular digital currency since its inception. Not only popular, Bitcoin is included in the most worthy digital currency to have. Even cryptocurrency experts have dubbed it the king of cryptocurrencies. The amount of Bitcoin is very limited while the demand is high. This causes the exchange rate or price to soar. Currently, the value of Bitcoin investment is still stable even though the Bitcoin price is experiencing a decline. Many people buy in the dip. Starting at $25, Bitcoin is now thousands of dollars in value.