Cryptocurrencies profits are fascinating and from Bitcoin to Dogecoin makes it overwhelming for new people new to the arena. October was a Bullish month for cryptocurrencies as alone Bitcoin surged up to 40% dragged up the alts. Keep an eye on the use case, potential, and volume we have listed here the top 10 cryptocurrencies to own now.
- Binance Coin (BNB)
Binance is the largest Cryptocurrency exchange by volume and Binance Smart Chain is one of the fastest and cheap blockchains. Binance Coin (BNB) is the native coin of the Binance ecosystem.
It currently trades at above $370, making an all-time high of $691last year. Binance coin has 24 hour trading volume of $1,134,708,240 and market capital of $61,178,332,703. Besides being the largest cryptocurrency exchange Binance ecosystems which includes Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and Research projects, and Binance coin is the most important part of all these sub-projects of Binance. This makes Binance Coin the most promising coin in our list of top 10 cryptocurrency coins.
- Cardano (ADA)
Cardano ADA aims to “redistribute power from unaccountable structures to the margins to individuals”. Cardano ADA empowers society with the power of decentralization through proof of stake blockchain to bring about global change. This unique use case makes ADA the most promising coin and a must part of any portfolio. ADA gained more than 116% as a result of Alonzo Hard Fork in August 2021.
ADA currently trades at$0.8012 with 24-hour trading volume of $669,824,955 and market capital of $26,989,030,995.
- Solana (Sol)
If you are looking for a perfect example of an insane price pump and then stabilizing the price at its peak, it is the Solana. Solana rose from $2 and it currently trades at above $79 after making an all-time of $258 in November last year.
Solana takes the leverage of blockchain technology to reform the classic finance through Decentralized Finance (DeFi) Solutions. Solana uses a hybrid model of Proof of History (PoH) and Proof of Stake (PoS) to improve the scalability.
- Ripple (XRP)
The Ripple is an open-source digital ledger and not based on blockchain and XRP cryptocurrency is native to XRP Ledger. The XRP transaction takes place as it roughly takes 3-4 seconds for every transaction on the ledger. XRP has a lot of potential for having a unique technology and working methodology.
XRP rose from $0.26 to above $1.80 last year and currently trades at $0.7841. XRP has 24-hour trading volume of $2,034,859,604 and a market capital of $37,675,311,031
- Polkadot (DOT)
DOT brings the next-generation blockchain and layer-0 protocol by combining the blockchains by combining all to web 3 protocols where individuals fully own their funds in a trustless environment. As DOT enables new Organizations, Services, and Business models to grow through their tool, it takes the fifth position on our list.
DOT was at $4.5 and it rose to above $52 last year currently trades at $17.85. DOT has trader volume of $655,924,942 and a market capital of $17,608,864,283. You can buy DOT from Binance, Mandala Exchange, OKEx, CoinTiger, and FTX.
The Dogecoin is one of the many meme coins.The coin has strong fundamentals as it has won the interest of the meme god, Elon Musk.
- Litecoin (LTC)
Litecoin takes the advantage of Blockchain to root out the traditional centralized financial models by insuring faster, cheaper, and safer transactions on Bitcoin protocol. Litecoin has a block time of 2.5 minutes and the coin is termed as the lite version of Bitcoin by the developer Charlie Lee, an Ex-Google employee.
- Polygon (Matic)
Polygon Matic is used for Ethereum scaling and digital infrastructure development tools. Matic being a well-structured tool enables blockchain developers through Polygon SDK to transform Ethereum full-flagged Internet of Blockchains.
Matic rose from $0.016 to above $2.41 last year and currently trades at$1.39. It has a 24-hour trading volume of $376,044,673 with market capital of $10,686,813,623. You can Buy Matic from Binance, Coinbase Pro, Huobi Global, FTX, and KuCoin
- PancakeSwap Coin (Cake)
The Automated Money Maker platform PancakeSwap is one of the well-known cryptocurrency exchanges (Paste here the link to top cryptocurrency Exchanges) for swapping BEP20 tokens, join Syrup Pools and Stake your Cake token to earn insane profits. PancakeSwap is a Decentralized Finance (DeFi) Application and Cake is the native token of it.
Cake price was at $0.23 and it peaked to above $44 in May last year and currently trades at $5.95. The 24-hour trading volume of cake is $102,668,260 with a market capital of $1,643,472,531. You can Buy Cake from Binance, Mandala Exchange, FTX, CoinTiger, and KuCoin.
- eCash (XEC)
Looking at all coin in the list above give a feeling of FOMO so we decided to include on the coin which has a strong team to back it and such fundamentals as to help it grow insanely in the coming years and we found the eCash Coin known as XEC.
XEC promises to provide the unique features never offered before in Bitcoin Project like staking, fork-free network upgrades, and subchains.It currently trades at $0.00007467 with a 24-hour trading volume of $34,583,003 with a market capital of $1,416,612,963. The coin is still worth pennies and it’s a perfect time to dive in. You can buy XEC from Binance, Mandala Exchange, OKEx, Huobi Global, and Upbit.
Cryptocurrency profits depend upon one’s entry and exit points. Currently, due to the high dominance of Bitcoin, Altcoins haven’t seen the major price pump after May. Technically, the altcoin season is nearing and we can expect a major rise in the coins included in our list in the coming months.