The cryptocurrency market has grabbed eyeballs for all the right reasons. The market is now showcasing a bull run and that doesn’t come as a surprise anymore. If you are in search of the best cryptocurrencies to invest in, you are at the right place. In this article, we will talk about the top 10 cryptocurrencies of the upcoming year. Have a look!
The list of the best cryptocurrencies to invest in starting with Bitcoin doesn’t seem to surprise anymore. This largest cryptocurrency has seen massive growth ever since it was launched. With the largest market capitalization, Bitcoin is one of the best cryptocurrencies worth investing in.
Ethereum is ranked as the second largest cryptocurrency and undoubtedly finds its place in the list of the top cryptocurrencies worth investing in. Ethereum has grabbed attention because of its potential applications, particularly the smart contracts that automatically execute when conditions are met.
Yet another cryptocurrency that definitely won’t let you down as far as the performance is concerned is Polkadot. This cryptocurrency stands the ability to seamlessly connect all heterogeneous blockchain networks. Today, we get to see hundreds of projects that are being built on the Polkadot ecosystem. No wonder why this digital currency is on its way to setting new records.
The previous year has been quite exceptional for Cardano as we got to see impressive growth. Additionally, the fact that Cardano cuts down the transaction time and energy consumption make it all the more worthy.
Solana is one cryptocurrency that works with a blend of proof-of-stake and proof-of-history mechanisms and has fetched huge returns for investors. One area where this cryptocurrency has outshined the rest is in the area of decentralized finance (DeFi), decentralized apps (DApps), and smart contracts – all of this throwing light on how good of an investment this is.
Tether is considered to be the most stable cryptocurrency, and has always been a go-to cryptocurrency for those investors who aren’t willing to take many risks. Since Tether’s value is considered to be more consistent than other altcoins, it is highly favored by investors considering how volatile the cryptocurrency market is.
Binance coin, launched by one of the largest crypto exchanges in the world – Binance, has expanded from merely facilitating trades on Binance’s exchange platform to a platform where one can proceed with trading, payment processing, or even booking travel arrangements. In addition to this, the increase in its value over the years turns out to be a reason why investing in it would be worth it all.
Ripple’s XRP has gained wide recognition from everywhere because of its ability to facilitate exchanges of different currency types, including fiat currencies and other major cryptocurrencies. Also, the rise in its value is good enough evidence of how much potential this cryptocurrency holds.
Dogecoin was launched in 2013, and since then, there was no looking back. In no time, Dogecoin evolved to become one of the leading cryptocurrencies in the entire cryptocurrency market. This is the reason why major companies like Dallas Mavericks, Kronos, and SpaceX have relied on this cryptocurrency.
This crypto is more of a community- and supporter-driven crypto that enjoys the security and advanced features of the Ethereum ecosystem. Off late, Shiba Inu has posted significant growth during the last year thus emphasizing the fact that it stands good potential in the coming years.
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