5 High Risk, High Reward Cryptocurrencies to Buy According to Reddit

3. Altura

Altura is the cryptocurrency of the Altura platform that allows game developers to transact in smartNFTs. These NFTs can be minted and distributed within games. The platform aims to build an easy-to-use interface for the creation of such smartNFTs. There are a maximum of 1 billion Altura coins out of which 220 million are in circulation while 450 million are locked in vesting contracts. Around 330 million will be released to private investors over time.

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. 

Among 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 $2.1 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%.”