5 Best Cryptocurrencies to Invest in According to Reddit

3. Theta Fuel

Theta Fuel is the native coin used on the Theta blockchain system. It is ranked third on our list of 10 best cryptocurrencies to invest in according to Reddit. Over the years, Theta Fuel has made a name for itself in the video streaming industry, becoming the partner coin to many platforms in this regard. The blockchain markets itself as the only end-to-end infrastructure for decentralized video streaming. Theta Fuel is cheaper in price than other coins but has explosive growth potential in the near term as more firms experiment with video streaming. 

Another solid bet in the crypto marketplace is Mastercard Incorporated (NYSE: MA), the New York-based payments processing firm that has started integrating crypto onto the electronic payments solutions it offers, such as credit cards. Mastercard Incorporated (NYSE: MA) recently launched a crypto-focused card in collaboration with the Gemini Exchange.

Out of the hedge funds being tracked by Insider Monkey, Virginia-based investment firm Akre Capital Management is a leading shareholder in Mastercard Incorporated (NYSE: MA) with 5.8 million shares worth more than $2 billion. 

In its Q4 2020 investor letter, Bretton Fund, an asset management firm, highlighted a few stocks and Mastercard Incorporated (NYSE: MA) was one of them. Here is what the fund said:

“While consumers resumed much of their spending by summer, what and how they used their Visas and Mastercards changed. For obvious reasons, people shifted to contactless payments—one of the Covid-era changes we think is permanent—and replaced travel purchases with online shopping and food delivery. Consumers spent more on their debit cards and less on their credit cards; Visa and Mastercard make more per transaction on the latter. They also make more on cross-border transactions that come mostly from international travel, which ground to a halt early in the pandemic. Visa’s and Mastercard’s earnings per share fell by 7% and 16%, respectively, compared to their usual mid-teens growth. We’re not too worried, and we think they’ll catch up nicely in the post-vaccine world. Visa’s stock returned 17.1% and Mastercard’s 20.2%.”