Which are The 5 best cryptocurrencies to invest in during December 2021? We’ll tell you here which are going to go up
The cryptocurrencies market has to recover in December and these are the 5 best cryptocurrencies to invest in. Bitcoin reached historical prices in the beginning of November. Then, it returned to its slide and dragged the entire cryptocurrency market along with it.
Nevertheless, it’s just a matter of time for this market to stabilize again. In this scenario, with a lower tendency, which would be the best alternative cryptocurrencies to invest in during December 2021?
While many are hurrying to sell the cryptocurrencies they have, after Bitcoin’s slide, others know that this is the best time to invest in “altcoins” (alternative cryptocurrencies). There are several reasons why.
The most important is that, at medium and long term, cryptocurrency values will increase. For now, their value has decreased. Therefore, it’s the ideal period to incorporate, with a lesser capital investment, more cryptocurrencies to your portfolio.
These are the 5 best cryptocurrencies to invest in before Christmas
Solana
This cryptocurrency is dealing with forming a new network for smart contracts, much more complete than Ethereum’s. Therefore, if you weren’t one of those convinced of purchasing ETH, invest in Solana. If this new network functions well, the cryptocurrency’s value will skyrocket.
Cardano
This cryptocurrency has maintained a downward trend for the last three months. Its price has gone down, so it could be a good idea to buy it now. Cardano’s promoters are trying to establish, like Solana, a smart contract network different from Ethereum. If the project bears fruit, Cardano’s price will start to grow.
XRP
One of the alternative cryptocurrencies with the greatest capacity to recover is the XRP. After each drop, it has reached quite high upturns. Right now, it’s at its lowest quote of the quarter. Facing this, it could be a good business to invest in XRP and hope it returns to repeat its rebound.
Avalanche (AVAX)
Compared to other alternative cryptocurrencies, avalanche has increased its price. This is due to the fact that it obtained an important influx of capital. Its investors evaluated the proposal of Avalanche developing smart contracts very well. In December, a major issue of AVAX tokens should arrive. Use the opportunity and deal with investing what you can to obtain these tokens.
The SandBox (SAND)
The Sandbox doesn’t just function as an investment asset. It can also be used as a coin in this project’s videogame. Plus, it works for buying NFT. Its price continues to rise. Meanwhile, the more it diversifies, the more it will excel as a business facing potential investors.
Risk warnings
The views and opinions expressed are the views of Crypto Currency 10 and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
Changes in rates of exchange may have an adverse effect on the value, price or income of an investment.
Past performance is no guarantee of future results and the value of such investments and their strategies may fall as well as rise.
