Don’t know which crypto coins to invest in right now? Here are the top 3 you should consider:
There are thousands of cryptocurrencies in existence, but some are better investments than others. In this case, the criteria for “better” would be longevity and performance over time. However, do note that even new coins can still be good investments.
That said, here are the top 3 crypto coins you should invest in right now:
Bitcoin (BTC)
Bitcoin is the so-called “OG” cryptocurrency, having been around since 2009. From being worth literally USD 0, now a single Bitcoin can be worth over USD 45,000.
What makes Bitcoin even stronger is that in countries like the U.S., it’s already accepted as a form of payment. Large companies have also invested billions of dollars into Bitcoin, and many banks have started accepting Bitcoin transactions.
"From being worth literally USD 0, now a single Bitcoin can be worth over USD 45,000."
Ethereum (ETH)
Another good investment is the second-largest cryptocurrency in the market in terms of value: Ethereum. What developers and investors alike love about Ethereum is that it is its own blockchain platform (Ethereum) and cryptocurrency (Ether).
Many NFTs or non-fungible tokens, which are among the most recent applications of blockchain technology, also use Ethereum for trading. This further increases its value, which has grown to about USD 3,700 to 3,800 per Ether as of this writing.
Tether (USDT)
For crypto newbies who are a little nervous about investing, Tether can be a good choice. It’s a stablecoin, which means its value is closely tied to the U.S. dollar and it’s not as volatile as other cryptocurrencies.
Many crypto investors use Tether to hold their funds, so that they don’t have to convert their investments to cash before they invest in other cryptos.
Honorable Mentions
As mentioned, there are thousands of cryptocurrencies active in the market so the three mentioned above aren’t the only ones you can invest in.
Some good options include
- Cardano (ADA)
- Polkadot (DOT)
- Solana (SOL)