These are the best cryptocurrency to invest in.
Like cash, cryptos can also be used for buying anything. However, it has the advantage of being an investment that is high-yielding.
However, because of the volatility of cryptocurrencies, it’s vital to understand what you’re getting into before investing.
We have compiled a list of the top five cryptocurrencies that we recommend to be invested in.
Polygon (MATIC) – For Massive Scalability
Polygon (MATIC), an Ethereum Layer 2 scaling option, is available. It can also be used to connect and create Ethereum blockchain networks.
MATIC reduces transactions on Ethereum while significantly increasing transaction speed
Polygon’s scalability focus makes it so appealing for decentralized Ethereum blockchain applications.
MATIC currently trades at $1.4395 and has a market capitalization in excess of $10.76 Billion. It continues its growth on the market.
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Decentraland (MANA) – Most Affordable Crypto To Access The Metaverse
Decentraland differs from other virtual worlds in that, except for roads and plazas, all LAND areas may be owned, sold, and developed by the game’s players.
MANA is Decentraland’s native cryptocurrency, and it is used to buy land parcels (LAND tokens), avatars, wearables, and other things on the platform’s marketplace.
MANA trades at $2.60, with $1.5 billion in trading volume. This is an increase of 175% from last year.
Source: TradingView.com| Source: TradingView.com
Stellar (XLM) – New And Exciting Crypto Payments System
This blockchain is capable of processing between 1000 to 5000 transactions per second.
It is a strong competitor to central payment systems. This makes it a valuable asset that will grow in value as more people accept cryptocurrency payments.
One advantage of investing in XLM, is the ability to use it as a currency. This allows investors to make tokens, and decentralized exchanges using the blockchain.
XLM will be the native cryptocurrency for the stellar blockchain and it will continue to be valued. Stellar’s long-term viability is dependent on its decentralized exchange.
XLM currently trades at $0.181253 and has a circulating supply in excess of $24.9 million.
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Curve (CRV) – Most Preferred Crypto For DeFi Exposure
Curve (CRV), a Stablecoin platform, uses an Automated Market Maker in order to manage liquidity.
It is easy to use and has a low cost. You can trade assets automatically or without authorisation.
It’s among the preferred cryptocurrencies to invest in, especially when it comes to DeFi.
It is an open-source network that does not require custodial arrangements. This allows users to retain total ownership of tokens. Curve is dependent on liquidity pools, and users can be rewarded for contributing to them.
Currently, CRV trades at $2.26 The diluted market capitalization for CRV is currently $7.4billion worldwide.
Lucky Block (LBLOCK) – Hottest New Crypto With Strong Potential
Lucky Block, which is blockchain-based and crypto-lottery-platform, seeks to make the lottery more enjoyable for everyone.
Lucky Block’s goal is to eliminate all obstacles in order to establish a “global lottery” in which all contestants have a higher chance of winning a jackpot than traditional lottery systems.
The lottery is made possible via the platform’s native coin, LBLOCK.
LBLOCK currently trades at $0.00512 It’s still flexible, and it can generate bullish trend in the long term.
Featured Image Liquid Blog chart by TradingView.com