Bitcoin, the most well-known cryptocurrency and arguably the current gold standard for cryptocurrency investments. It has given positive returns in 7 out of the last 10 years
Crypto traders have been trying to figure out the next Bitcoin or best cryptocurrency to get their hands on. Generally, altcoins are higher-risk investments when compared to Bitcoin, but they often provide higher returns in a bull market. Since there are many cryptocurrencies available in the market right now, you can always look for a good option to invest in.
Following is a handpicked list of Top Crypto Currency to invest in right now with their popular features and website links. The list contains both open source (free) and commercial (paid) cryptos.
List of Top 5 Cryptocurrency to Invest Right Now
|Name||Market Cap||Current Price||Link|
|Litecoin||$8.33 B||$129.77||Learn More|
|Ethereum||$218.94 B||$1879.49||Learn More|
|Cardano||$38.6 B||$1.20||Learn More|
|Binance Coin||$44.96 B||$293.01||Learn More|
|Polygon||$5.53 B||$0.87||Learn More|
Litecoin is a cryptocurrency that was launched in 2011 by Charlie Lee. It is one of the highly-rated cryptocurrencies in market capitalization. It is used as a payment method due to its low fees, quick confirmation times, and general ease of use. It is one of the best cryptocurrencies that allows you to make trading transactions anywhere in the world with fewer efforts.
- Release Date: 2011.
- Market value: $8.33 Billion.
- Adoption Rate: 0.76%.
- Historical performance: This top altcoin has steady improvement, and it has reached an all-time high in May 2021 at $388.09.
- Prediction for the future: It is one of the best cryptocurrencies to explode that would reach a new high of $879.11 before the end of 2022.
- Transaction turnaround time: 4x faster than Bitcoin.
- Liquidity: Good.
- Technology: Exceptional.
Ethereum is a digital currency that uses P2P to transfer your money or make payments. You can use it without providing your personal information. Ethereum allows the deployment of smart contracts and apps to be built. It also runs without any interference, fraud, and downtime from a third party. It is one of the best cryptocurrencies to invest in now. It comes with its programming language that runs on a blockchain.
- Release Year: 2015.
- Market value: $218.94 Billion.
- Current Price: $1887.
- Supply: 116.68M.
- Block generation in Ethereum: 15 seconds/block.
- Adoption Rate: This top altcoin has 55.7% of the total cryptocurrency market’s market cap.
- Historical performance: $4300
- Prediction for the future: Price predictions for Ethereum in 2022 are positive. Wallet Investor is very bullish with this next cryptocurrency to explode. Experts believe that Ethereum could reach around $4500 by the end of this year and $19,842 by 2025.
- Transaction turnaround time: It takes up to 15 seconds to receive Ether in a transaction.
- Liquidity: Good.
Cardano is a proof-of-stake blockchain network developed into a decentralized application development platform. It is one of the best cryptocurrencies to invest in now, which offers a multi-asset ledger and verifiable smart contracts. Apart from being the hottest cryptocurrency in the market, it is also a technological platform that helps run financial applications.
- Crypto Currency Stock Symbol: ADA.
- US Current Price: $1.20.
- Market Cap: $38.6 Billion.
- Release Date: 2015.
- Prediction for the future: The price of this top altcoin could potentially exceed $1.80 by 2022.
- Liquidity: Cardano has a max supply of 45,000,000,000 ADA.
4) Binance Coin
Binance, also called Binance coin (BNB), is the native cryptocurrency of Binance exchange. It is one of the next cryptocurrencies to explode that allows facilitating trading transaction fee waivers to Binance trading users.
- Cryptocurrency Stock Symbol: BNB.
- Price per unit: $293.01.
- Market capitalization: $44.96 Billion.
- Release Date: July 2017.
- Historical performance: $676.60.
- Prediction for the future: Binance Coin could be worth $850 per coin by the end of 2021.
Polygon is one of the top altcoins for building and connecting Ethereum-compatible blockchain networks. It provides scalable solutions on Ethereum, supporting a multi-chain Ethereum ecosystem.
It is one of the best altcoins that helps you to combine the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system. It is one of the best altcoins that can fully benefit from Ethereum’s network effects. It is certainly more open and powerful technology.
- Crypto Currency Stock Symbol: Matic.
- Current price: $0.87.
- Release Date: 29-4-2019.
- Current market value: $5.53 Billion.
- Block generation: 10 minutes/block.
Stellar is one of the top altcoins designed to provide enterprise solutions by connecting financial institutions for large transactions between banks and investment firms. It is one of the best cryptocurrencies to invest in now, which helps you to do cross-border transactions among any currency.
- Crypto Currency Stock Symbol: XLM.
- Historical performance: $0.35 at the highest.
- Prediction for the future: Steller will reach 0.35 at the highest for next year.
Ripple is an open-source digital currency created by Ripple Labs Inc. that provides source liquidity to payment providers, market makers, and banks. It is one of the best cryptocurrencies to invest in, which helps financial institutions to be quick and reliable options for sourcing liquidity on demand.
- Release Date: 2012
- Crypto Currency Stock Symbol: XRP.
- Historical performance: $3.40.
- Prediction for the future: Ripple is likely to increase steadily throughout the year. This top altcoin can reach potential highs of $2.94 by December 2022.
- Market Cap: $27.5 Billion.
Chainlink is a decentralized network that bridges the gap between smart contracts. This hottest crypto currency allows smart contracts to communicate with outside data to execute your trading contracts based on that data.
- Symbol: LINK.
- Released: 2014.
- Current Price: $16.14.
- Market Capitalization: $7.08 Billion.
- Historical High: $53.03.
Dogecoin is an open-source, peer-to-peer digital cryptocurrency to invest in now. It can be easily used for payments and purchases. This hottest cryptocurrency helps you to effortlessly complete the mathematical equations and record transactions. It is also considered as the next cryptocurrency to explode, which allows fast and effective transactions.
- Price per unit: $0.18.
- Release Date: December 6, 2013.
- Symbol: DOGE.
- Market capitalization: $24.7 Billion.
- Historical performance: $0.086.
- Prediction for the future: Dogecoin is one of the best altcoin that will go up in 2022, potentially to $1.24.
BitcoinCash is one of the largest cryptocurrencies in terms of market capitalization. It is one of the best cryptocurrencies to invest in, mainly due to its connection to the original BTC. It helps larger blocks, ensuring improved scalability and faster transactions.
- Release Date:3rd January 2009.
- Symbol: BCH.
- Price per unit: $446.97.
- Market capitalization: $8.4 Billion.
- Liquidity: 21,000,000 BCH.
- Historic performance: $3,785.82.
- Transaction turnaround time: Improved transaction speed using 256 MB blocks.
Tron is one of the best cryptocurrencies to invest in now. It is a digital platform designed to ensure decentralized content-sharing using peer-to-peer blockchain technology. The market cap of this hottest cryptocurrency has grown significantly by $4.1 Billion in a short time.
- Release Year: 2017.
- Symbol: TRX.
- Market Value: $0.057.
- Market capitalization: $4.1 Billion.
- Historical performance: $0.8.
- Prediction for the future: TRON did have some notable price swings over the past years but has become more stable recently.
EOS is one of the best cryptocurrencies to invest in recent times. This crypto coin is growing rapidly and gaining popularity. Part of the reason for the growing adoption of EOS is that transactions are free on the network.
- Release Date: January 31, 2018.
- Historical performance: $22.71.
- Prediction for the future: EOS has a high estimate of $5.80.
- Market Cap: $3.47 Billion.
Polkadot is a proof-of-stake cryptocurrency that is aimed at delivering interoperability among other blockchains. The protocol of this hottest cryptocurrency is designed to help you connect permissioned and permission-less blockchains. It allows blockchain systems to work together under one mechanism.
- Crypto Stock Symbol: DOT.
- Released: 2017.
- Current Market value: $13.24.
- Market Cap: $12.91 Billion.
- Historical performance: $87.302.
- Prediction for the future: Based on the bullish Polkadot forecasts, the DOT price could rise to the $100 mark in 2022.
IOTA is one of the best cryptos to buy, which is designed for the Internet of things. It allows you to create an acyclic graph to store transactions on its ledger, using higher scalability over blockchain-based distributed ledgers. It is one of the best cryptos to buy right now.
- Crypt Stock Market Symbol: MIOTA.
- Market value: $0.70.
- Market Cap: $1.96 Billion.
- Release Date: 11 July 2016.
- Historical performance: $5.25.
- Prediction for the future: This best altcoin could reach $38 at some point before 2025.
- Liquidity: 2.78 Billion.
Tether is one of the popular and stable coins aiming to stabilize its market value to a currency or other external reference point that helps you reduce volatility. It is one of the best cryptocurrencies to invest in right now. It helps users to transfer cryptocurrencies back to US dollars more easily. This top altcoin also allows you to do the reverse converting to normal currency.
- Released: 2014.
- Symbol: USDT.
- Prediction for the future: This is one of the best altcoins, which is likely to have a good future ahead.
- Market Cap: $62.1 Billion.
❓ What are the Cryptocurrency to Invest in right now?
Following are the Best Cryptocurrency to invest in right now:
- Binance Coin
⚡ Is investing in cryptocurrencies still worth it?
For starters, investing in Crypto can be risky. However, if you have already decided to do this, then going step by step with the correct approach is a good option.
Whether cryptos are still worth investing in or not depends on how much research you have put into the subject and what your knowledge is about the crypto that you want to invest in.
🏅 Which cryptocurrency exchange is best for beginners?
Below are some of the best cryptocurrency exchanges for beginners:
🚀 What should you look for when deciding the best crypto to buy and invest in?
Following are the factors to look for while selecting the best crypto to buy or invest in:
You should consider how many people are investing in cryptocurrency? When you know that there is a high level of adoption, that means the cryptocurrency you want to invest in has better liquidity. This makes trading and selling easier in the future.
You need to check the historical performance of the top altcoins. Based on that, you should decide its growth rate is steady or not, is it largely static or not, and if the crypto has shown steady growth for at least three years, you can buy or invest in that crypto.
Liquidity is a depth of a cryptocurrency that is determined by the number of adopters and market capitalization. If the cryptocurrency has thin liquidity, it will be very difficult for you to sell your investment in the future.
Cryptocurrencies with a decent high market cap are the best cryptos to currently invest in right now. Most of them offer easy liquidity and ensure easy buy and sell of any investments.
The technology behind these hottest cryptocurrencies is one of the major drivers of their adoption. Ethereum, Cardano, and Ripple are the best examples of cryptos backed by exceptional technology.
💥 Which Crypto is growing the fastest?
Here are some of the cryptos that are growing the fastest:
❗ What is Cryptocurrency?
A cryptocurrency is one medium of exchange, like traditional currencies such as USD, EUR, etc. It is designed to exchange digital information through a process made possible by certain principles of cryptography. A cryptocurrency is a digital currency and is classified as a subset of alternative currencies and virtual currencies.
Cryptocurrency is a bearer instrument based on digital cryptography. In cryptocurrency, the currency holder has sole ownership of the currency. No other records are kept as to the identity of the owner.
👉 What is Cryptocurrency exchange?
A cryptocurrency exchange, also called Digital Currency Exchange (DCU) which is a platform that enables you to trade digital currencies or cryptocurrencies. These cryptocurrency exchanges offer to trade Bitcoins, Ethereum, XRP (Ripple), Coinbase, Altcoin, etc.