6 Best Crypto Assets in October 2021
Recently the price of Bitcoin has reached more than 900 million rupiahs. For those of you who invest in BTC (BitCoin), there must have been a lot of profit, right? There are a lot of cryptocurrencies that have experienced a price increase of more than one hundred percent lately such as Solana and Polkadot.
But do you know the best crypto in October 2021? If you are new to crypto, it would be nice if you also get to know the crypto with the best market capitalization. Let’s see the full review of the 6 best Crypto Assets for October 2021 below.
The first best cryptocurrency, Bitcoin, was created in 2009 by an anonymous person named Satoshi Nakamoto, Bitcoin (BTC) is the original and first cryptocurrency in the world.
Like other cryptocurrencies, BTC (Bitcoin) runs on a blockchain or transaction ledger that is large and distributed on a network of thousands of computers around the world.
Because additions to a distributed ledger must be verified by solving a cryptographic puzzle. This makes Bitcoin a safe cryptocurrency to use.
Five years ago you could buy Bitcoin for around 500 US Dollars. On September 30, the price of one Bitcoin had already reached 43000 US Dollars (8,600% growth) and on 21 October 2021, the Bitcoin price reached more than 60,000 USD Dollars (an increase of more than 12,000% since 500 US Dollars).
If you are interested in buying Bitcoin crypto you can buy it at the Indonesian Crypto Market, namely Tokocrypto. You can also view Bitcoin’s market cap on Tokocrypto
Both in terms of cryptocurrency platforms and blockchain, Ethereum is a favorite among program developers because Ethereum has potential applications such as Smart Contracts that are automatically executed when conditions and conditions are met as well as various non-fungible tokens (NFT).
Ethereum has also experienced tremendous price increases. In just five years the price has increased from 11 US Dollars to 4,000 US Dollars on 21 October 2021.
Binance Coin ($BNB)
Binance Coin is one of the Cryptos that you can use to trade and for payments on the Binance and Tokocrypto applications. Binance is the largest Crypto Exchange platform in the world
Since its launch in 2017, Binance has started to grow by facilitating crypto trading on its Platform. For now, the Binance platform can be used for trading, processing payments, and also for booking travel.
The price in 2017 was only 0.10 US Dollars and on October 20, 2021, it had increased to 500 US Dollars.
Cardano is one of the cryptocurrencies that was launched in September 2017. Cardano is experiencing very good growth due to its high market potential.
In addition, Cardano transactions are also fast and effective so that they can reduce energy use. Cardano also owns Cardano Smart Contracts like Binance and Ethereum, in addition to having decentralized applications (dApps).
The development of the Cardano price is relatively stable with the initial price in 2017 at 0.02 US Dollar and has an ATH at the price of 3.1 US Dollar on September 2, 2021, although there is a correction, the Cardano price remains at 1.8 US Dollar. On October 21, 2021, the price of Cardano is 2.2 US Dollars.
XRP is one of the cryptocurrencies created by several of the founders of Ripple. XRP is a digital technology with the aim of processing payments.
XRP can be used on the network to facilitate the exchange of various types of currencies including FIAT currencies and other cryptocurrencies.
In early 2017, the price of XRP was $0.006. On April 14, 2021, XRP reached its ATH at 1.96 US Dollars. While on October 21, 2021, the price of XRP was at 1.16 US Dollars. This proves that XRP has experienced a very significant price increase since 2017 until now.
Solana was developed to support the use of DeFi (decentralized finance), dApps (decentralized applications), and Smart Contracts.
Solana runs on a blockchain system with a unique proof of ownership and proof of history mechanism that enables it to process transactions quickly and securely.
Solana or SOL began to be launched in 2020 with an initial price of 0.77 US Dollars and this year, on October 21, 2021, the price of Solana has reached 194.21.
The rapid increase in prices for this cryptocurrency is influenced by several factors such as successfully launching the Wormhole project and entering NFT.
So, those are the 6 best cryptocurrencies in October 2021.