Tech-savvy investors looking for crypto assets with the most profitable ROI are always burdened by the same question – which cryptocurrencies are worth investing in?
Cryptocurrencies are digital assets that strongly depend on market demand. The more these coins arouse the interest of stakeholders, the greater the potential to explode. Taking a look at the market capitalization and liquidity level of the top cryptos, we’ve put together a list of currencies that fit the mold.
Bitcoin is often considered a synonym for cryptocurrency. Even if this is a misconception, it shows that this crypto is farther ahead than its peers in market capitalization. As the first and most popular currency, it has shown consistent growth despite its volatility over the years. Following Bitcoin’s third halving event on May 12, 2020, the asset’s price volatility has declined and is expected to trade between $8,000 and $10,000 for a while.
With the third-highest market capitalization, Ripple tokens are already in widespread circulation. As a result of Ripple’s on-demand liquidity that facilitates transaction speed, XRP catalyzes international commerce, banking, and other payment transactions. Unlike other cryptos, Ripple currency doesn’t require mining because all XRP tokens have been mined before its launch. Hence, these tokens cannot be created, only introduced and removed from the market. XRP has a market cap of over $9.2 billion.
Even though it comes second to Bitcoin in market capitalization, the Ethereum blockchain allows the development of thousands of projects and applications on its network. The token, ETH, is the engine that drives all transactions carried out on the Ethereum platform. This crypto is also a very affordable investment, as its value is relatively cheap, hovering at about $200. With the Dapps infrastructure, the demand for this coin is increasing, and as more users rely on the network, the stronger Ether becomes.
This crypto is the first open-source token originating from China. It takes a unique approach, as it combines both real and digital assets. It also features a Superconductor trading mechanism that facilitates the decentralized platform. Last year, the value of the NEO token went from $7.50 to $11.00 – roughly a 50% increase. The low value of the crypto makes it very accessible for any portfolio, and the market cap of the NEO currency is $790 million.
Choosing the Best Cryptocurrency
Out of the 5000+ cryptocurrencies available in cyberspace, only a few dozen have come into active circulation. That is because they possess the features that are in demand in the modern age. The best cryptocurrencies utilize advanced technologies, such as adaptive forging, node synchronization, atomic swaps, and many more. Apollo blockchain became a trailblazer in crypto technology after becoming the first blockchain to implement database level sharding – a discovery that could eradicate the sustainability issues plaguing the crypto market. Apollo currency (APL) is the main digital coin hosted by the developer Apollo Fintech. The second is GSX, Gold Secured Currency, which boasts of being the only stablecoin that grows in asset value continually. Backed by gold and gold-rich lands, the value of GSX never drops, it only increases.
An amazing pre-sale offer for GSX at a 50% bonus is currently available, and now is the best time to buy one of the top and most stable cryptocurrencies on the market. For the best APL exchange prices, visit BitMart.com.
Market capitalization and liquidity level are the most important factors to consider when choosing the best crypto to invest in. The first signifies a large volume of coins in circulation and active user interest, while the latter implies the speed and frequency of conversion to the market price. A cryptocurrency with a good mix of both components will prove to be a worthy investment option that guarantees a long-term ROI.