BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
hot
BOT
common-tag-new-0
Events
common-tag-new-0

Which cryptocurrency is currently the most promising investment on Coinbase?

Ayshin PoursadeghJun 04, 2022 · 3 years ago3 answers

Considering the current market trends and potential growth, which cryptocurrency would be the most promising investment on Coinbase? I'm looking for a digital currency that has a strong track record, good market liquidity, and the potential for future price appreciation. Can you recommend any specific cryptocurrency on Coinbase that fits these criteria?

3 answers

  • Jun 04, 2022 · 3 years ago
    Based on the current market conditions, one of the most promising cryptocurrencies to invest in on Coinbase is Ethereum (ETH). Ethereum has a solid track record and is the second-largest cryptocurrency by market capitalization. It has a strong developer community and is widely used for decentralized applications (dApps) and smart contracts. With the growing popularity of decentralized finance (DeFi) and the upcoming Ethereum 2.0 upgrade, the potential for price appreciation is high.
  • Jun 04, 2022 · 3 years ago
    In my opinion, Bitcoin (BTC) is the most promising cryptocurrency investment on Coinbase. Bitcoin is the largest and most well-known cryptocurrency, with a proven track record and widespread adoption. It has established itself as a store of value and a hedge against inflation. With institutional investors showing increasing interest in Bitcoin and the recent halving event, the potential for price growth is significant.
  • Jun 04, 2022 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the most promising investment on Coinbase at the moment is Ripple (XRP). Ripple is a digital payment protocol that aims to enable fast and low-cost international money transfers. It has partnerships with major financial institutions and has gained significant traction in the cross-border payments industry. With its focus on solving real-world problems and its potential for mass adoption, Ripple has the potential for substantial price appreciation.