When it comes to cryptocurrency investing, you can’t go wrong with infrastructure.

That’s what I told you yesterday when I shared seven quality assets you need to have on your moneymaking watchlist – not just this week, but for the long haul:

  • Bitcoin (BTC)
  • Cardano (ADA)
  • Polkadot (DOT)
  • Polygon (MATIC)
  • Cosmos (ATOM)
  • NEAR Protocol (NEAR)
  • Algorand (ALGO)

These are some of the best investments you can make in crypto right now, hands down.

But within this list, there are two that I want to bring to your attention above all the others.

And no, it has nothing to do with their price.

It’s because they each have tangible, real-world applications that we’re already seeing the benefits of, along with incredible growth potential that simply can’t be matched.

I’ll tell you why these two cryptos, in particular, are at the very top of my list – plus show you how you can invest in them today to get in on the profits – right here…

Now that you have my two favorite cryptos – Cardano and Algorand – let me give you a little more background on each and show you how you can invest in them today.

Both are available to buy on the popular exchange Coinbase. If you have not yet set up an account, you can learn how in our step-by-step guide right here.

What to Know About Cardano

Quick Facts on ADA

  • Current Price: $0.9684 (as of this writing)
  • Circulating Supply: 33.66B
  • Market Rank: #8
  • Whitepaper: Can be found here.

Where to Buy: Coinbase (Remember – if you need help setting up your account, check out our guide.)

How to Stake: Even though you can buy ADA on Coinbase, the platform does not currently support ADA staking – so there are a few extra steps involved. But with an average rate of 4.75%, it’s well worth the effort. My colleague David Zeiler put together a comprehensive guide on how to stake Cardano so you can claim those rewards for yourself. Access it here.

Real-World Applications: Cardano aims to bring economic identity, empowerment, and financial inclusion to the entire continent of Africa. Last year, its founders announced their intent to upgrade Ethiopia‘s education system by using its technology to grade students’ work digitally, monitor school performance, and even create a tamper-proof system for recording information. Watch this to learn more about Cardano’s long-term potential.

Plus – Cardano has a number of exciting upgrades on the horizon that you can learn more about here.

What to Know About Algorand

Quick Facts on ALGO

  • Current Price: $0.859 (as of this writing)
  • Circulating Supply: 6.61B
  • Market Rank: #29
  • Whitepaper: Can be found here.

Where to Buy: Coinbase

How to Stake: Algorand is available to stake through Coinbase. We’ll show you how to do it right here.

Real-World Applications: Last year, the president of El Salvador made Bitcoin a legal tender in the nation, and the Algorand network became pivotal to El Salvador’s financial plans as the blockchain network they chose to build on. Following this development, Algorand also aided in the creation of a digital wallet for El Salvador. I go into more detail about the long-term implications of Algorand in this video.

Then, click here to get my team’s full analysis on Algorand using my “Five Ts” crypto investing framework.

Until next time,


Nick Black
Chief Crypto Strategist, Alternative Wealth Daily

Comments

6 responses to “Here’s Why ALGO and ADA Are My Favorite Cryptos Right Now (and How You Can Get in on the Profits)”

  4. If you had a few thousand dollars, would you have a spread on Cardano, Algorand, Cosmos, Polkadot, Near, Fetch.ai & SingularityNET OR just Cardano & Algorand?

    Reply

  5. Haven’t the funds right now but am going to start with smaller buys and build again and again.start small, at least will get me in on to something smart from Tom and Nick.Looking forward to the ride of a lifetime guys. cheers Kevin c

    Reply

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