Why you can still lose it all in cryptocurrencies: Morning Brief

Motley Fool

Missed Out on Shiba Inu? My 3 Best Cryptocurrencies to Buy and Hold

Over the past year, Shiba Inu (CRYPTO: SHIB) has skyrocketed 68,000,000%, growing at a pace that could turn relatively small sums of money into millions of dollars. While impressive, Shiba Inu lacks actual utility, and those gains have been driven by nothing more than hype. For instance, PayPal Holdings debuted the ability to buy, sell, and spend cryptocurrency on its mobile apps last year, choosing to support only four assets: Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Litecoin (CRYPTO: LTC), and Bitcoin Cash.