Created in 2009 by an individual or group of individuals using
the pseudonym Satoshi Nakamoto and trading under the ticker
symbol $BTC, Bitcoin serves as the foundation of
cryptecurrencies. Gradually, it gained recognition as digital
gold. There are 21 million Bitcoins in total, but not all of
them are in circulation. Several events have propelled Bitcoin
to its current popularity, including events like Pizza Day and
the various halvings (a process that halves rewards when certain
thresholds are reached).
The all-time high (ATH) for Bitcoin occurred on November 8,
2021, when it traded at $69
7,044.77 per coin. Today, its price hovers around $27,000.
Investment risk is considered low due to the approval of Bitcoin
ETFs by both the SEC and European authorities. This makes it
less risky, and there are ways to limit losses when investing
through trading platforms. Furthermore, it has been adopmdenas
legal tender in El Salvador.
Built and launched in 2015 by Vitalik Buterin, and denoted by
the symbol $ETH, Ethereum represents a significant revolution in
the world of cryptocurrencies. Ethereum allows the creation of
cryptocurrencies on its blockchain and within the Ethereum
network. It is also a versatile blockchain that has demonstrated
numerous use cases, including the ability to create NFTs,
utility or security tokens, and smart contracts. In 2023, there
are 70 Ethereum-related events taking place in over 30
countries, ranging from humanitarian initiatives to
technological gatherings.
The all-time high (ATH) for Ethereum occurred on November 10,
2021, when it traded around $4,828.26. Currently, it is trading
at approximately $1,700.
Investment risk: Low. Ethereum is in a constant state of
innovation, and its popularity is on the rise among the general
population. Additionally, Ethereum boasts a supportive community
willing to assist newcomers, and its network is considered
secure for conducting transactions.
On October 7, 2011, Charlie Lee conceived the idea of creating
Litecoin, a fork (a modified version inspired by Bitcoin).
Litecoin is often referred to as digital silver because its
value is significantly lower than that of Bitcoin. However, it
is more versatile than Bitcoin and can be spent using a debit
card available on the litecoin.org website, among other options.
Litecoin has a fixed limit of 81 million units, which cannot be
increased.
In 2023, Litecoin is hosting the Litecoin Birthday Cruise event,
a cruise taking place in the Bahamas to celebrate Litecoin's
12th anniversary.
With the ticker symbol $LTC, Litecoin was primarily created to
address some of the issues faced by Bitcoin. Its all-time high
(ATH) occurred on December 18, 2017, with a price of $360.66.
Currently, it is trading at around $70.
Investment risk: Medium. Litecoin is volatile but generally
stable and serves as a good entry point for those looking to
learn about cryptocurrencies before delving into more complex
options like Ethereum, which operate differently. Moreover,
Litecoin is relatively user-friendly compared to its
predecessor.
If there's one cryptocurrency that stands out in the crypto
ecosystem, it's Dogecoin, and it happens to be the favorite
cryptocurrency of Elon Musk, the owner of Tesla and SpaceX.
Dogecoin was created on December 6, 2013, by two Australians
named Billy Markus and Jackson Palmer. Neither of them had a
serious interest in cryptocurrencies, and Dogecoin was initially
created as a playful mockery of crypto investors. However, it
has become profitable, especially since Elon Musk publicly
endorsed Dogecoin, allowing many, including a member of our
team, to make a handsome profit of over 118,330%.
The all-time high (ATH) for Dogecoin was $0.73 on May 8, 2021.
It is currently trading between $0.05 to $0.08.
There aren't many specific events centered around Dogecoin, but
occasionally, fan-driven initiatives appear at events like the
Paris Blockchain Week. However, every appearance of Elon Musk
with Dogecoin becomes an event in itself, to the extent that
Elon has a significant influence on its price.
Investment risk: High. Dogecoin is not stable and lacks any real
security barriers or thresholds. Its price increases typically
occur during Elon Musk's appearances and endorsements of the
cryptocurrency.
Theta Network is a cryptocurrency that originates from a smart
contract, making it the only cryptocurrency of its kind here. In
addition to being derived from a smart contract, it is also
revolutionary. Founded in 2017, it gained significant
recognition in 2020-2021 during the dramatic market increase,
often referred to as a Bull Run.
Theta is a cryptocurrency based on multiple blockchains that
allows users to lend a portion of their bandwidth to host live
streams or multimedia content for anyone interested in exchange
for compensation in THETA tokens.
The principle is simple: the more bandwidth you lend, the higher
the compensation. You can also earn THETA tokens by watching
available content.
There aren't many specific events for THETA, apart from
occasional appearances at events like the Paris Blockchain Week
or live streams.
The all-time high (ATH) for THETA occurred on April 16, 2021, at
a price of $15.72. However, it is currently trading between
$0.55 to $0.70.
Investment risk: Medium to high. THETA could be a significant
opportunity if it returns to its ATH, but caution is advised as
THETA often experiences token drops in the market, which can
influence the cryptocurrency's price downward.
