Cryptocurrency

5 Cryptocurrencies College Students Should Invest in

Written By : Arti

Here is the list of five cryptocurrencies students should invest in during their college days

Trending is just another name for cryptocurrencies, and why wouldn't it be after all cryptocurrencies are known for making headlines. Whether it be Bitcoin, Ethereum, Tether, or Dogecoin, these top cryptocurrencies have been taking over the crypto market in recent times. Everyone wants or thinks about investing in crypto especially, college students who want to secure their future by making ideal investments. For such students, here is the list of five cryptocurrencies worth investing in their college days:

Cardano

Current Price: US$2.18

Market Cap: US$71.77 billion

Cardano entered the crypto market a bit later, but the cryptocurrency has made its mark for its proof-of-stake validation. Cardano reduces transaction time and energy consumption. The amazing thing about ADA is that it works like ETH to enable smart contracts and DeFi applications. That is why Cardano is one of the best cryptocurrencies for students to invest in.

XRP

Current Price: US$1.12

Market Cap: US$52.15 billion

XRP was created by the founders of Ripple. When talking about Ripple, it is a digital technology and also a payment processing company and what XRP does is that it can be used on that network to permit exchanges of all top cryptocurrencies along with fiat currencies too. This makes the XRP one of the best cryptocurrencies for students to invest in and is also one of the best cryptos in the market now.

Algorand

Current Price: US$2.01

Market Cap: US$12.39 billion

Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable, and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.

Polygon

Current Price: US$1.78

Market Cap: US$11.97 billion

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.

Fantom

Current Price: US$3.41

Market Cap: US$8.75 billion

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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