Cryptocurrencies are the most sought after asset today by Gen X. Many of them have invested in it as they are drawn towards the lure of making big money in quick time. Just as in any other investments, if you are planning to invest in crypto, you need to be cautious and invest only in some of the best cryptocurrencies that are available in the market.
In terms of cryptocurrencies, market cap means the total value of all the particular coins that have been mined for the purpose. Here are the Top 10 cryptocurrency options sorted from the highest market cap to the lowest that you can explore.
Bitcoin (BTC) – Bitcoin was the first cryptocurrency that came into being and most people think that crypto is synonymous with Bitcoin, though that is not the case. For obvious reasons, Bitcoin holds the biggest market cap and is also priced very high.
Ethereum (ETH) – Ethereum is the next popular cryptocurrency that is also expected to be a big competition for Bitcoin. Though this crypto coin is doing very well, it has to perform exceptionally well to come close to Bitcoin’s market cap. Still, it holds the second highest market cap.
Tether (USDT) – Tether is one of the most moderately priced cryptocurrencies that are available today. The market cap keeps increasing day by day, thanks to the low cost and low risk levels. It holds the third place in market cap as of today.
Binance Coin (BNB) – As a close fourth, Binance Coin is a close competition for Tether. The value of the coin is far higher in comparison to Tether, there is quite a lot of demand for this crypto in recent times.
USD Coin (USDC) – USD Coin is also moderately priced like Tether and targets to sweep the crypto industry by storm. At a fifth position in market cap, we must say it’s a close competition to Binance Coin and it’s a matter of time before they swap places.
Solana(SOL) – SOL has an impressive growth of 1700% in a year. It holds the sixth place in market cap and we must say that it is just inching above Cardano and the cat and mouse race is always between the two.
Cardano(ADA) – Cardano is also more or less like Tether and USD Coin, which occupies the market cap at seven only due to the low cost of these coins.
Ripple(XRP) – Ripple is always in the top 10 cryptocurrencies by market capitalization. XRP grew 184% last year. It is not mineable, still, there is a lot of demand for this crypto.
Terra (LUNA) – At the 9th position in market cap, Terra is moderately priced and is one of the most affordable cryptos in the market today. Though there was a recent price drop for this crypto, it has been doing well from its inception and has made a lot of millionaires as on date.
Polkadot(DOT) – DOT is the 10th largest cryptocurrency in the market capitalization. DOT is priced reasonably and you can buy this even if you are running on a low budget.
Buying crypto in India is not a tough job anymore. There are lots of applications and you can take the help of any of the best apps for crypto trading in India. Even if you are not aware of cryptos and still want to try your hand at it, then these are very handy and can help you become an expert very soon.
