Top 10 Cryptocurrencies To Invest in 2024
The New Era currency based on blockchain technology has started its bull run since October 2023, Bitcoin has achieving new heights day by day. Current price of Bitcoin is Rs.59,51,592 on 24 April 2024 and its almost double in last 6 months. Investors are also aggressively looking for another crypt to invest.
Here we find Top 10 Best Cryptocurrency to invest in 2024
- Bitcoin
Market Cap- $ 1.4 Trillion
Bitcoin is still most favorite in this level of price. Its first original cryptocurrency in the market founded in 2009 by Santoshi Nakamoto. Investors get multifold returns in million of dollars by investing in initial days of bitcoin. We suggest bitcoin still has the opportunity to gain, so you can invest.
2. Ethereum
Market Cap: $ 434 Billion
Ethereum is second most valuable crypto currency by its market capital & it is one of the most demanded crypto for developers due to its various potential applications.
3. Tether
Market Cap: $ 107.1 billion
Tether is most stable & risk-free cryptocurrency because it is backed by fiat currencies like American Dollars or Europe’s Euro.
4. Binance Coin
Market Cap: $88 Billion
Binance coin is a type of crypto currency that used to trade in Binance, One of the largest crypto exchange platforms in the world. On 2017 Binance coin had launch at the price of $o.10 & now its price is $604.
5. Solana
Market Cap $78 Billion
Solana is high technology crypto that uses a prof stake mechanism to provide smart contract functionality. This process helps to transact fast & secure.
6. XRP
Market Cap: $35 Billion
XRP is crypto launched by Ripple, a company that provides crypto solution for business. Current Price of XRP is $0.54 & its 13.66% down from its last year price.
7. US Dollar Coin
Market Cap: $ 37 Billion
US Dollar Coin is backed by American Dollar & its main aim is to achieve 1 USDC is equal to 1 USD. You can use USDC to Global transaction too. Its little bit like Tether Coin.
8. Dogecoin
Market Cap: $28 Billion
Dogecoin is community backed crypto that enjoy he bull run after a famous tweet of Elon Musk. It is considered a meme coin too. There no limit on supply of dogecoin & that is more concern for its price stability.
9. Cardano
Market Cap: $22 Billion
Cardano coin famously known as ADA and it has the modest growth in relative of the other crypt coin. In 2017 ADA price is $0.02 & in April 2024 it is somewhere around $0.64.
10. Shiba Inu
Market Cap: $16 Billion
Shiba Inu is also a community based crypto currency but it shows its potential and gain trust among investors. Current price of Shiba Inu is $ 0.00002631.
Investing in crypto is still very risky due to less interest by government bodies & no monitoring authority. So, while choosing crypto to invest, always assess the latest news & market trends.