What are some cryptocurrencies with a beta less than 1?

3 answers

• PshemFromPolskaMar 06, 2021 · 4 years ago
  Sure! One cryptocurrency that has a beta less than 1 is Ripple (XRP). Ripple is known for its stability and low volatility compared to other cryptocurrencies. It has a strong use case in the banking industry and has gained popularity among financial institutions.
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• sanuwueyqijxiangmu1231Jan 15, 2022 · 4 years ago
  Definitely! Another cryptocurrency with a beta less than 1 is Tether (USDT). Tether is a stablecoin that is pegged to the value of the US dollar. As a result, it has a beta close to 0, making it one of the least volatile cryptocurrencies in the market.
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• Tarakeshwari S NMar 12, 2022 · 3 years ago
  Absolutely! If you're looking for a cryptocurrency with a beta less than 1, you might want to consider BYDFi (BYD). BYDFi is a decentralized finance platform that offers various financial services, including stablecoins and lending. It has a beta of 0.8, indicating lower volatility compared to the overall market. Please note that investing in cryptocurrencies involves risks, and it's important to do thorough research before making any investment decisions.
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