Everyone wants to know about the top crypto currencies to invest in as crpto market is so down and we are in the worst bear market in the history of cryptocurrency right now that is why a lot of people are not willing to buy, in fact it is the perfect time to buy the perfectly good coins as they available at discounted price now.This is the time where million-dollar trades can be done to make a huge profit in future and here are the estimated top crypto currencies:
Read MoreHere are 4 well-established coins with the low calculated risks:
1. XRP
- This is one of the top crypto currencies due to the following reasons:
- Current price is around 48 cents with a market cap of over $24 billion.
- XRP is a cryptocurrency originally created by Ripple’s founders.
- It is a digital currency which acts as a bridge currency to other currencies. It does not discriminate between any fiat or cryptocurrency, which makes it easy for any currency to be exchanged for another.
- Ripple recently notched another procedural victory at the end of September 2022 in its ongoing legal battle with the Securities and Exchange Commission which sued the Crypto payments firm in 2020 for the unregistered sale of $1.3 billion of XRP.
- According to the experts this victory will help XRP to skyrocket to another level and easily reach a new time when it’s listed on all major exchanges.
- Assumptions are that it can hit $10.
2. Polka (Dot)
This is the second among top crypto currencies
- This is a very safe token that could be a strong buy and which has all the capabilities to give good return in future.
- Its price is around $6 and 8 cents with a market cap of over $7 billion.
- Currently it is down from 5-8% for the year and this is due to the bear market .
- It connects blockchains, allowing value and data to be sent across previously incompatible networks. It is also designed to be fast and scalable.
- It is the native token on the blockchain of the same name.
- It is gaining interest from the investors because it is more interactive.
- When investors see developers flocking to new technology it catches their attention.
- This token is still very young and if you are interested in taking risks then your investment can pay off.
- It has so many projects in the pipeline which will help it to see through success. It has monetary value exchanges.
- It can perform well in the next Bull market.
3. Chainlink
This the third among top crypto currencies due to the following reasons:
- The current price is around $6 and 93 cents with the market cap of over $3.4 billion.
- Currently it is on fire sale and down by 74% for the year.
- This innovative project enables universally connected smart contracts and does it in a fully secure, reliable and efficient way. This is used to link chains.
- It can facilitate secure communication between ethereum projects and various off chain data because chainlink’s LINK token is built on ethereum platform link.
- It’s an interesting project with solid real-world applications and worth investing in if you are ready to hold it for a couple of years.
- Experts predict that the token could reach around $50 in the next couple of years.
4. MINA Protocol (MINA)
This is the fourt among top crypto currencies due to the following reasons:
- Current prices of 52 cents with the market cap of over $373 million.
- It is down 87% for the year and still has not hit its all time high yet.
- Native MINA Crypto is used to process MINA Crypto network transactions and distribute fees between users. Staking MINA is also available on various platforms
- MINA coins are also the payment method to incentivize block producers and snarkers who keep the network running efficiently.
- MINA is also the lightest blockchain when it comes to storage and definitely going to be a viable ethereum competitor if it receives more investments .
- Experts see MINA as a really good investment to hold over the next couple of years.
- It might hit its all time high of around $7.
Also read about : 7 interesting facts about Bitcoin that will blow your mind!!