Cryptocurrency has been making waves over the past year and it seems like this trend will continue in 2021. With Bitcoin reaching new all-time highs and other top cryptocurrencies following suit, many are wondering what the best crypto to buy right now is. However, with so many cryptocurrencies to choose from, it can be tricky to know what the right choice is. Here, we explore three of the best cryptocurrencies to buy now – RNDR, INJ and MANA.
RNDR
RNDR, otherwise known as Render Token, is a decentralised rendering network that makes it possible to render high-quality graphics on-demand. This cryptocurrency has been on the rise recently, with a current market capitalisation of around $44 million. This is a relatively small amount compared to other cryptocurrencies, but it also means that there is still plenty of room for RNDR to grow.
One of the benefits of RNDR is that it can be used for a range of industries, including gaming, architecture, virtual reality and more. This means that it has widespread applicability and therefore, may be able to attract a broader audience of investors. Furthermore, RNDR has a strong team of developers behind it, which could be a key factor in driving the token’s success in the future.
INJ
INJ, or Injective Protocol, is another intriguing cryptocurrency that is worth keeping an eye on. INJ is a decentralised exchange protocol that enables traders to create their own predictive markets regardless of their prior knowledge or experience in trading. This innovative idea has attracted much attention recently, with the token’s market capitalisation currently sitting at around $275 million.
One of the distinct advantages that INJ offers is its low transaction fees, which are significantly lower than those of competitor platforms. Furthermore, this cryptocurrency has a strong team behind it, made up of experienced individuals who have experience in both the financial and blockchain industries. Finally, INJ is a relatively new token, which means that it could have more significant growth potential than some of its more established counterparts.
MANA
MANA, or Decentraland, is a virtual reality platform that allows users to purchase and build on plots of virtual land. This platform has been around for a while now, with the MANA token’s market capitalisation currently valued at around $1.2 billion. However, despite its longevity, there is still plenty of potential for growth with this token.
One of the benefits of MANA is that it offers a unique value proposition, which is the ability to own and develop virtual real estate. This niche market has been growing significantly over the past year, which could bode well for the future of this cryptocurrency. Furthermore, the Decentraland platform has attracted some high-profile partnerships, such as Atari and Binance, which could be an encouraging sign for investors.
Conclusion
In conclusion, RNDR, INJ and MANA are all viable cryptocurrencies to consider buying at this time. However, as with any form of investment, it is essential to do thorough research and be mindful of the risks involved. Nonetheless, these tokens all offer unique value propositions, and each has the necessary components to be successful in the long run. It is also essential to consider your own investment goals and risk tolerance before making any decisions.
