5 Best Cryptocurrencies to Buy for Early Retirement

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In this article, we discuss the 5 best cryptocurrencies to buy for early retirement. If you want to read our detailed analysis of these currencies, go directly to the 10 Best Cryptocurrencies to Buy for Early Retirement.

5. Tether 

Tether is ranked fifth on our list of 10 best cryptocurrencies to buy for early retirement. It is one of the most popular stablecoins, types of coin that are backed by the US dollar. It has issued tokens on several different blockchain platforms, including Bitcoin, Ethereum, and others. Tether is incorporated in Hong Kong but has offices in Europe as well. Tether is an open source, peer-to-peer blockchain-based cryptocurrency. 

Stablecoins like Tether exist because of crypto mining operations led by technology companies like Marathon Digital Holdings, Inc. (NASDAQ: MARA), the Nevada-based firm with a wide array of digital assets under possession. Marathon Digital Holdings, Inc. (NASDAQ: MARA) recently announced a 40% month-on-month increase in Bitcoin production.

At the end of the first quarter of 2021, 10 hedge funds in the database of Insider Monkey held stakes worth $197 million in Marathon Digital Holdings, Inc. (NASDAQ: MARA), up from 8 the preceding quarter worth $5.9 million.

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