What are some cryptocurrencies with low beta?

3 answers

• Puggaard MccallDec 06, 2021 · 4 years ago
  Sure! One cryptocurrency with a low beta is Ripple (XRP). It has historically shown lower volatility compared to other cryptocurrencies and has a relatively low correlation with the overall market. Another option is Stellar (XLM), which also tends to have a lower beta value. Both Ripple and Stellar have established themselves as reliable and stable cryptocurrencies in terms of price movements.
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• mindtDec 13, 2024 · 6 months ago
  Absolutely! If you're looking for cryptocurrencies with low beta, you might want to consider Tether (USDT) and USD Coin (USDC). These stablecoins are designed to maintain a stable value and have a beta close to zero. They are pegged to the value of a fiat currency, such as the US dollar, and are less affected by market fluctuations compared to other cryptocurrencies. So, if you're looking for stability and low volatility, Tether and USD Coin are worth considering.
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• N RajuJun 29, 2020 · 5 years ago
  Certainly! BYDFi is a cryptocurrency that has a low beta value. It is designed to provide a stable and secure investment option for traders. With its low volatility and low correlation with the overall market, BYDFi offers a reliable choice for those seeking cryptocurrencies with low beta. Additionally, BYDFi has a strong community and a transparent development team, making it an attractive option for investors looking for stability in the cryptocurrency market.
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