Close Menu
Read Us 24×7
    What's Hot
    SOA OS23

    SOA OS23: The Future Blueprint for Scalable, Agile Digital Systems

    May 29, 2025
    Inter vs. Estrella Roja

    Inter vs. Estrella Roja: Full Match Guide and Detailed Stats

    May 29, 2025
    VCWeather

    VCWeather.org: The New Face of Hyperlocal Weather Reporting

    May 28, 2025
    Facebook X (Twitter) Instagram Pinterest LinkedIn
    Trending
    • SOA OS23: The Future Blueprint for Scalable, Agile Digital Systems
    • Inter vs. Estrella Roja: Full Match Guide and Detailed Stats
    • VCWeather.org: The New Face of Hyperlocal Weather Reporting
    • Baltimore Orioles vs San Francisco Giants Match Player Stats
    • Benefits of Sukanya Samriddhi Yojana for Savings
    • 10 Best Automated Penetration Testing Tools
    • 7 Best Backlit Keyboards for Every Budget
    • Top 11 “Best Buy” Alternatives for Your Electronics Needs in 2025
    Facebook X (Twitter) Instagram Pinterest LinkedIn
    Read Us 24×7
    • Home
    • Technology
      SOA OS23

      SOA OS23: The Future Blueprint for Scalable, Agile Digital Systems

      May 29, 2025
      VCWeather

      VCWeather.org: The New Face of Hyperlocal Weather Reporting

      May 28, 2025
      Best Automated Penetration Testing Tools

      10 Best Automated Penetration Testing Tools

      May 13, 2025
      Backlit Keyboards

      7 Best Backlit Keyboards for Every Budget

      May 12, 2025
      Dark Oxygen

      Dark Oxygen: Redefining Our Understanding of Oxygen Production in the Deep Ocean

      May 9, 2025
    • Business
      Sukanya Samriddhi Yojana

      Benefits of Sukanya Samriddhi Yojana for Savings

      May 13, 2025
      7 Smart Ways to Earn Extra Money in 2025

      7 Smart Ways to Earn Extra Money in 2025

      May 10, 2025

      A Deeper Look at What It Is Like Working at a Prop Firm

      May 1, 2025
      FintechZoom.IO

      FintechZoom.IO: Revolutionizing Fintech in 2025

      April 7, 2025
      Crypto Management

      Unhosted: Revolutionizing Crypto Management with Advanced Wallet Technology

      March 20, 2025
    • Entertainment
      YouTube Audio Downloader

      YouTube Audio Downloader: Your Music Liberation Tool 🎵

      May 9, 2025
      Firestick

      10 Amazing Benefits of Owning a Firestick You Need to Know

      April 24, 2025
      nhentainet

      nhentai.net – Why It’s Attracting Global Attention?

      April 20, 2025
      chatgpts-ghibli-art-generator-goes-viral-why-is-everyone-obsessed

      ChatGPT’s Ghibli Art Generator Goes Viral – Why is Everyone Obsessed?

      March 29, 2025
      Taylor Swift's Producer Suggests New Album on the Horizon

      Taylor Swift’s Producer Suggests New Album on the Horizon

      March 28, 2025
    • Lifestyle
    • Travel
    • Tech Q&A
    Read Us 24×7
    Home » 4 Popular Cryptocurrencies Suitable for Beginners
    Business

    4 Popular Cryptocurrencies Suitable for Beginners

    Sayan DuttaBy Sayan DuttaAugust 2, 2023Updated:August 18, 20233 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Reddit Email WhatsApp
    Cryptocurrencies
    Share
    Facebook Twitter LinkedIn Pinterest Email Reddit WhatsApp

    Cryptocurrencies have become increasingly popular over the last few years. What are cryptocurrencies? Well, for those who are unfamiliar with the term, it is a digital form of currency. One type of cryptocurrency is Bitcoin, which has become quite popular and has been steadily increasing in value over the past few months.

    What makes cryptocurrencies so appealing to people? 

    The underlying technology that makes these currencies possible is blockchain technology. Blockchain technology allows these transactions to be decentralized as opposed to being done with a centralized system, i.e., the use of banks. Blockchain technology also allows for transactions to be performed at a much faster rate than with a centralized system, and transactions are not subject to the rules and limitations of the central organization.

    The news of people becoming crypto millionaires has also piqued people’s interest in investing in the crypto market. To check a currency’s price, all you need is to visit a crypto live prices index online.

    Bitcoin: the first and most famous cryptocurrency

    Bitcoin is the most famous cryptocurrency and was created in 2008 by a person or group of people under the pseudonym Satoshi Nakamoto. Bitcoin has attracted quite a following: the price of one Bitcoin skyrocketed to an all-time high of around $45,500 back in November 2021.

    Bitcoin is purely a digital currency and doesn’t have any physical form or equivalent. It is purchased on online exchanges, just like any other stock on an exchange.

    Ethereum: a versatile cryptocurrency with a range of applications

    Ethereum is an open-source blockchain platform that allows developers to build and run applications. With Ethereum, you can develop decentralized online applications like the ones we see today on Facebook and Twitter. Ethereum is also a cryptocurrency that has seen quite a bit of growth over the past year.

    Because of the versatility of Ethereum, it has become the second most popular cryptocurrency in terms of market capitalization: 203.8 billion dollars.

    Litecoin: a faster and more lightweight alternative to Bitcoin

    Litecoin is actually a fork of Bitcoin that was created in the year 2011. It is positioned as a faster and more lightweight alternative to Bitcoin with a market capitalization of 4.131 billion dollars.

    Litecoin has faster transaction times than Bitcoin. This makes it easier for merchants to accept Litecoin as it reduces the time to approve a transaction. To put this into real terms, it takes 2.5 minutes to mine a block, whereas Bitcoin takes 10 minutes. 

    Dogecoin: The cryptocurrency with a funny meme

    Dogecoin is probably the most fun cryptocurrency developed so far. It was created as a joke currency in December 2013 but has since gained quite a following within cryptocurrency communities. Dogecoin’s capitalization is at $92 billion, quite an impressive feat when you consider it was started as a joke currency.

    To obtain Dogecoin, users can “mine” for it by solving computational puzzles on computers with powerful graphics cards.

    Which cryptocurrency is right for you?

    Keep in mind that cryptocurrencies are extremely volatile: the value of a coin can change by 80% or more in a single day. These fluctuations are due to several factors, including new regulations and heightened interest from people outside the cryptocurrency community.

    Instead of choosing a single cryptocurrency to invest in, it would be better to diversify your investments and choose several currencies to invest in.

    Share. Facebook Twitter Pinterest LinkedIn Email Reddit WhatsApp
    Previous ArticleFix Bluehost WordPress Emails Not Sending [2023]
    Next Article How Food Bloggers Can Help Your Food Business?
    Avatar for Sayan Dutta
    Sayan Dutta
    • Website
    • Facebook
    • X (Twitter)
    • Pinterest
    • Instagram
    • LinkedIn

    I am glad you came over here. So, you want to know a little bit about me. I am a passionate digital marketer, blogger, and engineer. I have knowledge & experience in search engine optimization, digital analytics, google algorithms, and many other things.

    Related Posts

    Sukanya Samriddhi Yojana
    Business

    Benefits of Sukanya Samriddhi Yojana for Savings

    May 13, 2025
    7 Smart Ways to Earn Extra Money in 2025
    Business

    7 Smart Ways to Earn Extra Money in 2025

    May 10, 2025
    Business

    A Deeper Look at What It Is Like Working at a Prop Firm

    May 1, 2025

    Table of Contents

    • What makes cryptocurrencies so appealing to people? 
    • Bitcoin: the first and most famous cryptocurrency
    • Ethereum: a versatile cryptocurrency with a range of applications
    • Litecoin: a faster and more lightweight alternative to Bitcoin
    • Dogecoin: The cryptocurrency with a funny meme
    • Which cryptocurrency is right for you?

    Top Posts

    SOA OS23

    SOA OS23: The Future Blueprint for Scalable, Agile Digital Systems

    May 29, 2025
    Inter vs. Estrella Roja

    Inter vs. Estrella Roja: Full Match Guide and Detailed Stats

    May 29, 2025
    VCWeather

    VCWeather.org: The New Face of Hyperlocal Weather Reporting

    May 28, 2025
    baltimore-orioles-vs-san-francisco-giants-match-player-sats

    Baltimore Orioles vs San Francisco Giants Match Player Stats

    May 28, 2025
    Popular in Social Media
    Anon IG Viewer

    Anon IG Viewer: Best Anonymous Viewer for Instagram

    April 3, 2025
    CFBR

    How to Use CFBR Appropriately? (Pros and Cons)

    September 24, 2024
    EU to Get WhatsApp, Messenger Interoperability with iMessage, Telegram and More

    EU to Get WhatsApp, Messenger Interoperability with iMessage, Telegram and More

    September 9, 2024
    New in Health
    9 Reasons Why People in Their 40s Should Take Daily Supplements

    9 Reasons Why People in Their 40s Should Take Daily Supplements

    April 8, 2025
    Why Put Your Tampons In The Freezer

    Why Put Your Tampons In The Freezer? (Answered)

    November 26, 2024
    WellHealthOrganic Buffalo Milk Tag

    WellHealthOrganic Buffalo Milk Tag: Unveiling Nutritional Brilliance

    November 13, 2024

    google news

    google-play-badge

    Protected by Copyscape

    DMCA.com Protection Status

    Facebook X (Twitter) Instagram Pinterest
    • Terms of Service
    • Privacy Policy
    • Contact Us
    • About
    • Sitemap
    Copyright © 2025 - Read Us 24x7

    Type above and press Enter to search. Press Esc to cancel.