So you’re looking to expand your cryptocurrency portfolio and you’re looking beyond Bitcoin?
With so many cryptocurrencies to invest in, it’s often challenging for new investors to find the best cryptocurrencies that are worth their money. There are, unfortunately, many ‘altcoins’ that hold no value and are scams.
You may have heard of Marscoin and are wondering if this is a worthwhile investment. We believe it is!
Here’s our guide on why you should invest in Marscoin:
What Is Marscoin?
Human emigration to Mars is becoming a serious venture and if this happens, we’ll need a currency to facilitate commerce on the new planet.
You can check out their article on ByteFederal to learn how Marscoin will work once we get to the Red Planet! Marscoin is a derivative of Litecoin — which itself is an offshoot of Bitcoin.
It’s currently one of the cheapest cryptocurrencies to invest in. In the past year, the Marscoin price was around $0.00265 and its highest price was only $0.7596!
In 2022, so far, it has ranged around $0.04 per coin. It hasn’t gained much popularity yet and few crypto investors are even aware of its existence — so far!
As a result, if you’re looking to accumulate whole amounts of a cryptocurrency Marscoin might be one of your best choices.
Why Marscoin?
So now you’re wondering if you should shell out your fiat for Marscoin? You should always speak to your financial advisor before investing in any cryptocurrency — as the market remains volatile.
But there are a few reasons why it might be worthwhile to invest in Marscoin. As mentioned, there are serious conversations about humans colonizing Mars.
It’s unlikely that fiat currency will have any value on another planet. These currencies can only hold value where central banks are located. As such, cryptocurrencies are the obvious choice.
So why not use existing popular cryptocurrencies such as Bitcoin when we finally colonize Mars?
At least for now, humans will want a separate currency to transact on Mars. This makes it easier to keep records of sales and purchases conducted solely on Mars. So far, Marscoin is the only cryptocurrency that can solve this issue.
Another advantage of Marscoin is its current low cost. If you’re looking to buy cryptocurrency to sell for a profit, you’re always on the lookout for cheap coins. This is one of the cheapest available and isn’t popular at the moment.
Now might be the best time to stack up on Marscoin so you can sell it once it becomes more popular.
Stack Up on Marscoin
Now you know the advantages of Marscoin and can consider adding it to your cryptocurrency portfolio.
The prospect of colonizing Mars has become more popular and with this, humans will need a currency for transacting on our new home. Marscoin is a stable cryptocurrency that can assist with this.
It’s also one of the cheapest cryptocurrencies on the market now. If you’re looking to buy cryptocurrency as an investment asset, this is one of the best options on the market.
You can learn even more about Marscoin on our blog!