5 Cryptocurrencies with their Price History
1. Bitcoin
Bitcoin is the first-ever cryptocurrency introduced in the world and it's going good right now. Although people didn't expect that Bitcoin would be worth about $50,000 right now.
It was first released in 2009 with the price of $0. The first thing one would ever do if they get the chance to visit the past with the help of a time machine would be none other than buying as many Bitcoins as possible if the guy has the same mindset like we do i.e. get rich quick scheme.
A person, somewhere in 2009 purchased a pizza to fill his stomach, costing him around 10,000 BTC. Think if he had saved that amount of Bitcoins for the next 10 years. Wait, he was on his way to own about half a billion dollars! But his hunger for pizza took all the hope away.
Let's look at the price history of Bitcoin.
2015: $227- $425
2016: $378- $952
2017: $921- $13,062
2018: $9914- $3689
2019: $3441- $7251
2020: $9545- $28,768
2021: $34,622- $57,000 (March)
2. Ether
Ether is currently the second most valuable cryptocurrency after Bitcoin.
It was released in 2015 and did a pretty good job in terms of maintaining its value. Its transaction rate is faster than Bitcoin due to its superior technology. An Ether is worth around $2000. Recently, during 2020, it has experienced a drastic rise in its price value, probably due to the pandemic.
The smart contract feature has made it work effectively. Although there is a disadvantage of Ether, and that is the GAS fee required for the complex tasks to be solved, making it even costlier for developers. Unlike Bitcoin, Ether doesn't have a limited supply. Whereas the supply for Bitcoin is limited to twenty-one million.
Let's look at the price history of Ether:
2015: $0- $0.86
2016: $2.48- $8.01
2017: $10.51- $719.83
2018: $1066.72- $131.37
2019: $107.57- $132.07
2020: $186.26- $746.06
2021: $1385- $1815 (March)
3. Ripple
Ripple is so cheap just because of an issue related to SEC (Securities and Exchange Commission). Just because it has violated federal securities laws by selling it to retail customers. 2020 was already a flawless year for Ripple and it has performed quite well that year.
The limited supply of Ripple is 100 billion, and right now around 50 billion are in circulation. Some famous companies that use Ripple are Santandar and American Express.
Let's look at the price history of Ripple:
2015: <$0.1- <$0.1
2016: <$0.1- <$0.1
2017: <$0.1- $2.28
2018: $1.14- $0.36
2019: $0.3- $0.3
2020: $0.2- $0.6
2021: $0.4- $0.4 (March)
4. Litecoin
According to a prediction of a popular source, the value of Litecoin could cross $1200 in 2025. On the other hand, another popular source claim that the price of Litecoin will reach $1800.
Right now a single LTC worth more or less $200. For short-term aims, research should be done before exchanging real currency with Litecoin as there is more risk involved with it.
Litecoin is clearly a strong performing cryptocurrency because it has reached from nowhere to $400 as its highest peak. Although the down point of Litecoin is that despite being the second oldest cryptocurrency, it didn't perform too well like Bitcoin and Ether.
Still, in recent years, it performed exceptionally well. Make sure you understand that the price of a cryptocurrency depends on various factors (supply, demand, and much more.).
Price history of Litecoin:
2015: $1.88- $3.5
2016: $3- $4.36
2017: $4.05- $237.57
2018: $163.53- $31.32
2019: $31.7- $42.37
2020: $68.19- $129.24
2021: $133- $184 (March)
5.Binance coin
The business capitalization of the Binance Coin is $39.58B. It was initially released in 2017. Currently, the price of a single Binance Coin is $256.8.
0.004 Bitcoin (BTC) = 1 Binance Coin (BNB).
Binance is one of the most popular and expanding Cryptocurrencies.
According to a prediction by experts, the value/price of a single Binance Coin is going to surpass $2300 by 2025. The exchange is quite simple for newbies. The maximum supply of Binance Coin is roughly 170k. It is a low-fee exchange.
The price of a Binance increased by more than 300% in 2021, so suspecting something good to come soon and investing in BNB is worth it.
Binance Coin was built upon the Ethereum blockchain, right now, Binance has its own blockchain. Binance is not as volatile as Bitcoin and due to this, it is comparatively safer to invest.
The value of BNB increased by 15% at the end of February 2020.
Price history of Binance coin:
2015: (Didn't release)
2016: (Didn't release)
2017: $0(July)- $8.53
2018: $11.31- $6.11
2019: $6.22- 13.72
2020: $18.24- $37.33
2021: $44.33- $299.75 (March)