Investors seeking to diversify their investments are flocking to the top cryptocurrencies. Many expanding businesses are now accepting cryptocurrencies as legal forms of payment, so now is a good time to invest in cryptocurrencies depending on your financial situation.

This guide will assist you in determining which coins are the best to invest in right now. There are a lot of options for the cheapest Altcoins with promise, so here are some cheap coins that tend to be good investments in 2021. There are a lot of options for the cheapest Altcoins with promise, so here are some cheap coins that tend to be good investments in 2021. Despite the fact that Bitcoin remains the most common cryptocurrency, there are a slew of others on the rise that smaller investors should consider. Find the following five Bitcoin alternatives.

1. Cardano (ADA)

Cardano is expected to remain one of the most common cryptocurrencies due to its versatile network and fast transactions. Charles Hoskinson, a co-founder of Ethereum, founded Cardano.. Its main selling points are scalability, interoperability, and long-term viability. Cardano's network finally has the ability to create smart contracts thanks to a recent update. Cardano has always been a project that takes its time and works at a slow pace.

This price rise is due to a recent update that introduced the ability to create smart contracts, enabling developers to start working on decentralized applications (dApps), many new cryptocurrencies, and the DeFi sector. Low transaction fees and a large development team are also features of this coin, which is working to completely decentralize the project. Smart contracts have allowed developers to work on dApps, new cryptocurrencies, and even the DeFi market.

2. Dogecoin (DOGE)

This coin has resurfaced after a shady history, thanks to Elon Musk's moniker as the 'Dodgemaster.' Nobody expected this meme coin, which was produced in 2013, to become legitimate, much less to be listed among the top cryptocurrencies. DOGE, the coin that rose to popularity thanks to Elon Musk earlier this year, is the cheapest cryptocurrency to buy in 2021.

Dogecoin is one of the cryptocurrencies that many analysts consider to be a good investment opportunity right now. The cryptocurrency has had a roller coaster ride over the last four months, returning over 8000 percent in 2021. The contentious cryptocurrency has broken through the Rs 50 barrier, taking its market capitalization to an all-time high of $80-billion.

3. Ethereum (ETH)

Ether is the second-largest cryptocurrency produced in 2015, with a market capitalization of $316 billion., Ether is the second-largest cryptocurrency created in 2015. The Ethereum blockchain is built on smart contracts, which allow decentralized applications like the widely used decentralized finance services (DeFi). Ether is not a cheap investment, but it is well worth it. Ethereum is an open-source, decentralized blockchain that enables users to build smart contracts. Ether is the platform's native cryptocurrency (ETH).It is the second-largest cryptocurrency in terms of market capitalization, after Bitcoin. Ethereum is the most commonly used blockchain. Ethereum is credited with helping to establish what is now known as decentralised finance (DeFi). The blockchain is now used by a large portion of the DeFi industry, thanks to Ethereum's early success.

4. Chainlink (LINK)

On any blockchain, Chainlink's decentralized oracle network provides tamper-proof inputs and outputs for complex smart contracts. The company's market capitalization recently reached $20 billion. As a result of this move, Chainlink has strengthened its place as the 11th most valuable cryptocurrency on the Coinbase list. Chainlink is a smart contract platform that incorporates third-party data. Other asset prices, global events, and API calls will now activate smart contracts on Ethereum. With Chainlink, smart contracts get even smarter. Chainlink (or Link) is a cryptocurrency and oracle network that connects blockchains to real-world data. It is one of the most important data sources for decentralized financial applications. Sergey Nazarov developed Chainlink.

5. Uniswap (UNI)

Uniswap is a DApp built on Ethereum that allows users to exchange Ethereum tokens via liquidity pools. Uniswap provides two primary services: liquidity delivery and utilization. The DeFi platform included Uniswap, and the UNI coin was launched in 2020. On November 2, 2018, Hayden Adams, a former Siemens mechanical engineer, formed Uniswap.

The protocol allows for automatic transactions between cryptocurrency tokens on the Ethereum blockchain through the use of smart contracts. Despite its young age on the market, the UNI coin has already achieved significant milestones and is now one of the DeFi coins to join the top race. Market analysts assume that this price is below Uniswap's projected potential growth since it was recently positioned as the first decentralized exchange to allow margin and leverage trading.