Learn What the Top Cryptocurrency Stocks Are Right Now

Binance Coin (BNB)

 

As the most popular cryptocurrency exchange by volume, Coinbase Global Inc. (COIN) receives much attention from the media. As of January 1, 2018, Binance is now utilizing its blockchain to issue its token. Previously, its token was issued via Ethereum’s blockchain but now has switched to Binance’s blockchain. BNB also has a limited supply, capped at 200 million, like several other popular cryptocurrencies. The number of BNB in circulation is already over 168 million. Binance’s goal to reduce total supply by 50% has been a catalyst for the coin’s surge over the past few years. Binance minimizes the collection of coins by burning coins quarterly to achieve this goal. Six million five hundred thousand BNB have been destroyed this year during three burns or approximately $2.5 billion at today’s rates. BNB has risen by about $415 since the ICO was launched in 2017. During the year 2021, the coin has grown by almost 1,000%.

Wilder World (WILD)

Wilder World, one of the newer coins debuted in May 2021, is easily one of the least-known and riskiest to buy. Prudent investors should consider only small, speculative holdings of WILD because of its $118 million market cap and lack of a track record. At the same time, other companies have a market capitalization between $7 billion and $1.05 trillion. Thus, it is a high-risk investment. On the other hand, it can be pretty lucrative to hold a scattering of small cryptos that might rise in value. The Wilder decentralized autonomous organization runs on the WILD coin. The coin creates a virtual reality system. The WILD token functions as the native currency in this ecosystem in which NFTs can be made and sold by digital artists. Artists do not have to pay Wilder World for sales within its ecosystem.