Cryptocurrencies are booming as we turn the calendar over into 2021. Three of the four largest cryptocurrency tokens posted massive gains last year, driving the industry’s total market value to $860 billion on January 4, according to data from Coinmarketcap.com. The once-reviled asset class is gaining respect and interest from governments and financial giants around the world.
If you haven’t added a handful of leading cryptocurrency names to your portfolio yet, this would be a great time to dip your toes into the waters of crypto tokens such as bitcoin and Ethereum. At the very least, you should absolutely become familiar with the cryptocurrency market. And you can do it all without buying any of the tokens.
Credits: The Montley Fool