5 Best Cryptocurrencies To Invest Your $1000

3. Harmony

Harmony is a blockchain platform that aims to provide a cryptocurrency that is infinitely scalable. Scaling coins usually involves a compromise in terms of security or decentralization but Harmony solves this by combining data sharing and scaled decentralization. Harmony also runs a marketplace for fungible and non-fungible assets. One of the primary aims of the network is to build an online community strong enough over time to be a viable alternative to the centralization of present-day society. 

Harmony uses a proof-of-stake mechanism to validate transactions and also makes use of “sharding” for secure and fast transfers. Over the past few months, it has been one of the prominent crypto gainers amid a broader lull around the growth market. Since January 2021, the price of one Harmony coin has increased by around 4,000%. The coin presently has a market value of close to $3 billion.