By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Live Trading NewsLive Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
Reading: 6 Coins That Might Make You Rich
Share
Live Trading NewsLive Trading News
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Search
  • Stocks
  • Forex
  • Gold
  • KNIGHTS
  • Luxury
  • Horse Racing
  • Trade Now
Follow US
© 2024 LiveTradingNews.com - All Rights Reserved.
Live Trading News > Blog > Crypto > Bitcoin > 6 Coins That Might Make You Rich
Bitcoin

6 Coins That Might Make You Rich

Crypto King
Last updated: May 11, 2021 9:46 am
Crypto King
Share
7 Min Read
SHARE

These are six of the best cryptos on the market.

Satoshi Nakamoto created Bitcoin over a decade ago now, the very first step in to a world of digital money. While Bitcoin was the first cryptocurrency imitations, visionaries and new concepts have emerged and there are more than 7,000 cryptocurrencies on the market today. Such a huge range of cryptocurrencies to invest in that investors are rightfully confused as to which is the best cryptocurrency to invest in. From the huge cryptocurrencies to the up and coming digital currencies, here are the best cryptocurrencies to make you rich in 2021.

Bitcoin

There are only 21 million bitcoins that can be mined in total. Once bitcoin miners have unlocked all the bitcoins, the planet’s supply will essentially be tapped out. Currently, around 18.5 million bitcoin have been mined; this leaves less than three million that have yet to be introduced into circulation.

Each Bitcoin is equal to 100 million Satoshis, making a Satoshi the smallest unit of Bitcoin currently recorded on the blockchain. Think of the Satoshi as the “cents” part of Bitcoin.

With the weakening dollar cycle continuing to play out and the US facing severe consequences of both Covid and decades of mismanagement it is not a reach to see 1 Satoshi become equal to or even greater than 1c, at that point 1 BTC becomes $1m USD or greater.

Shiba Inu

SHIB, also known as a “meme coin,” has emerged as a top 30 cryptocurrency by market capitalization, according to CoinMarketCap. Dubbed the “Dogecoin killer,” SHIB is an ERC-20 token that started as an experiment to create a spontaneous decentralized community. With the goal to ensure a fair distribution of tokens, the founders put away 50% of the total SHIB supply in Uniswap, while the rest were burned in honor of Vitalik Buterin, one of the co-founders of Ethereum. SHIB is the first cryptocurrency token to be listed and incentivized on ShibaSwap — the Shiba Inu project’s own decentralized exchange.

Elongate

ELONGATE is a crypto project that began as a parody of Elon Musk’s tweet referencing the Watergate Scandal.

It has since ballooned into an active community with over 400K holders, determined to wield the power and capital of memes and internet culture to change the face of charitable giving.

In the first month, ELONGATE raised over $1M for charity.

.Dogecoin

Dogecoin was created by IBM software engineer Billy Markus, from Portland, Oregon, and Adobe software engineer Jackson Palmer, who set out to create a peer-to-peer digital currency that could reach a broader demographic than Bitcoin. In addition, they wanted to distance it from the controversial history of other coins. Dogecoin was officially launched on December 6, 2013, and within the first 30 days there were over a million visitors to Dogecoin.com.

Dogecoin is an altcoin with many users. Mainstream commercial applications of the currency have gained traction on internet, such as a tipping system, in which social media users tip others for providing interesting or noteworthy content.

Trading physical, tangible items in exchange for DOGE takes place on online communities such as Reddit and Twitter, where users frequently share currency-related information.

Ethereum

Ether is the coin, launched in 2015 by a team including Vitarik Buterin, Charles Hoskinson, and Gavin Wood, that has come to be known for the ease by which software developers can write bespoke programs atop its network. Sometimes these applications are referred to as smart contracts.

Ether is similar to Bitcoin inasmuch as it is a digital asset that is decentralized, i.e., no one party controls it, and uses distributed-ledger technology known as blockchain that records transactions immutably. The blockchain network is supported by a digital-mining community.

Miners are the record-keepers on blockchains like Bitcoin and Ether and they are rewarded with coins for their efforts.

Bitcoin’s major selling point has been its claim as a store of value and as a currency to a lesser extent, but Ethereum’s network is viewed by many as a powerful, open-source, decentralized backbone off which a number of applications can be based.

GBITS

GBITS Governance tokens confer holders the power to influence decisions concerning the core protocol, Tokens with governance rights confer holders some degree of influence over operational and policy issues, typically through a voting process, though this influence can vary remarkably based on percentage owned.

‘Blockchain governance’ typically refers to decisions about the codebase itself, for example, whether Bitcoin would accept larger blocks or implement Segregated Witness, but it has also expanded to include Influence over how the host platform is managed and marketed.

With Bitcoin and Ethereum, the entities performing such functions (Bitcoin Foundation and Ethereum Foundation) have no formal relationship to BTC or ETH holders. Recent governance mechanisms, such as with QTUM, have sought to formalize such entities and the relationship between them and token holders.

GBITS Owns 16 Cryptos, an NFT Gallery (JUNE 2021) an Exchange, a Brokerage, a Blockchain Coding Centre. And various IT development programs.

Revenue is sent back to GBITS Holders after funding of development items.

GBITS is a governance Token, holders get a vote 1 Token 1 Vote

Limited Supply 5m only, the concept is to trade like Berkshire Hathaway or 42Coin over time

#Bitcoin #NFTs #nft #BTT #DOGE #btc #Ripple #dogecoin #Litecoin #bitcoin #blockchain #Token #TRON #safemoon #Crypto #XRP #cryptocurrency #trx #GBIT #offshore

You Might Also Like

Specific Parts of the Donald Trump Bill Upsetting Elon Musk

Still a Strong Buy $BABA

Top U.S.-Listed Bitcoin Companies $BMNR $MARA $RIOT $CIFR $CORZ $COIN

Saudi Red Sea: A Rising Star in Luxury Tourism

Larry Fink Says Tokenized Assets Are Coming, and Knightsbridge Is Ready

TAGGED:BitcoinblockchainBTCBTTcryptocryptocurrencyDogeDogecoingbitLitecoinNFTNFTsoffshoreripplesafemoontokenTRONtrxXRP

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

Subscribe our newsletter for latest news around the world. Let's stay updated!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
By Crypto King
Follow:
Cryptocurrencies, Decentralized processes and the ever widening impact of Blockchain are going to have a major impact on the way things are done, who does them and who makes the money. Where there were once huge barriers to entry, the door is now open. Individuals can now access income from the type of business once reserved for Institutions, Governments and High Net-Worth Individuals. They can through Blockchain, DeFi and P2P protocols became bankers participating in income from trading, brokerage, settlements, fees, mortgages, finance, margin lending and a host of other financial services.
Previous Article Sitting on a Cash Pile 14.0? US Defense and Aerospace is Key
Next Article Subaru All-Electric SUV “Solterra”


Latest News

shayne heffernan bitcoin
Why You Must Own Bitcoin
Bitcoin Featured Headline News KXCO Guide Most Popular Opinion Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments Strategy Todays Trade Ideas May 31, 2025
Prada Launches New Bangkok Showpiece
Art Fashion Headline News Lifestyle Lifestyles of the RIch and Famous Living Luxury Shayne Heffernan May 30, 2025
Knightsbridge Boosts Nvidia Target to $200 $NVDA
AI Headline News KXCO Guide Nasdaq Shayne Heffernan Shayne Heffernan Shayne Heffernan on Investments Stocks Strategy Todays Trade Ideas US Stocks May 30, 2025
Will AI Ever Run for Office?
AI Artificial Intelligence Featured Generative AI Headline News Opinion Shayne Heffernan May 30, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
4.4kFollowersFollow
//

Stay informed with LiveTradingNews.com – your ultimate destination for timely and insightful updates on global markets, finance, and investment trends. Explore the latest news and analysis to empower your trading decisions.

Quick Link

  • About us
  • Advertise
  • Send us a tip!
  • Privacy Policy
  • Contact us

Top Categories

  • Knightsbridge Insights
  • Featured
  • Stocks
  • Shayne Heffernan
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Subscribe our newsletter for latest news around the world. Let's stay updated!

Live Trading NewsLive Trading News
Follow US
© 2025 LiveTradingNews - For The Traders, By The Traders – All Right Reserved By Knightsbridge Group
Welcome Back!

Sign in to your account

Register Lost your password?