Which Cryptocurrencies Are The Best And Trending Right Now, This Week?
The cryptocurrency market has been a rollercoaster for the past week. Let’s take a look at the top-performing coins.
| Coin Name | Coin Symbol | Market Cap. | Max Supply | Minable | Decentralized |
| Bitcoin | BTC | $822 Billion | 21 Million | Yes | Yes |
| Ethereum | ETH | $396 Billion | Uncapped | Yes | Yes |
| Dogecoin | DOGE | $20.5 Billion | Uncapped | Yes | Yes |
These coins were selected for gaining the most value in the past 7 days.
Overall Best Cryptocurrencies to Invest In By Type:
Cryptocurrencies are designed to fit various applications in the crypto market, below you’ll find the best option for each category.
Best Store Of Value Cryptocurrency: Bitcoin (BTC)
Holds The Most Market Enthusiasm: Ethereum (ETH)
Most Promising Layer 2 Token: Polygon (MATIC)
Best Decentralized Application: Sushi (SUSHI)
Best Hedge Against Eth: Cardano (ADA)
Best Alternative To Ethereum: Solana (SOL)
Highest Growth Potential: Chainlink (LINK)
The 10 Largest Cryptocurrencies By Market Capitalization In 2022
Now let's take a look at the largest cryptocurrencies by market capitalization. This is an important statistic since the top coins are considered safe investment opportunities.
| # | Coin Name | Coin Type | Market capitalization | Current price |
| 1 | Bitcoin | Store of value | $552.3 Billion | $26776 |
| 2 | Ethereum | Smart contract coin | $230.3 Billion | $1863.12 |
| 3 | Tether | Stable coin | $80 Billion | $1 |
| 4 | BNB | Smart contract coin | $49.7 Billion | $271.08 |
| 5 | USD Coin | Stable coin | $32.7 Billion | $0.999438 |
| 6 | Ripple | Payment System | $26.8 Billion | $0.52954 |
| 7 | Cardano | Smart contract coin | $13.8 Billion | $0.337084 |
| 8 | Dogecoin | Meme coin | $13.4 Billion | $0.068142 |
| 9 | Polygon | Layer 2 coin | $10.5 Billion | $0.791007 |
| 10 | Solana | Utility | $8.2 Billion | $19.84 |
Bitcoin is the digital version of gold. It’s used as an investment asset for individuals and institutions rather than a payment system. It’s the perfect investment choice due to how well it has performed historically. You can purchase this coin with a professional broker service like eToro.
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Best Cryptocurrencies to Hold Long Term - HODL
HODling is an excellent investment strategy due to the high volatility of cryptocurrencies. Here are some great coins that many predict have a long future.
| # | Coin Name | Coin Description |
| 1 | Bitcoin | Bitcoin is viewed as digital gold due to the store value it holds. It’s considered one of the safest assets to hold since many investors and institutions buy the coin. |
| 2 | Ethereum | Ethereum is the largest smart contract coin with thousands of applications built on it. It can be used for utility, store value, and as a payment method. |
| 3 | Polkadot | Polkadot uses a unique sharding system that lets it connect multiple blockchains that would be incompatible. Polkadot also has smart contracts, allowing developers to build powerful applications on the blockchain. |
| 4 | Chainlink | Chainlink allows off-computer data to be transferred on the blockchain securely with oracles. The cryptocurrency also has hybrid smart contracts. |
| 5 | SingularityNet | SingularityNet has built a marketplace for advanced AI systems and algorithms. The project’s team aims to create the first artificial general intelligence (AGI). |
These digital assets were selected due to the team’s ambitions and the groundbreaking technologies they expect to create. Many of these coins have not reached their full potential and are expected to grow significantly in the future.
Best Cryptocurrencies to Trade
When trading, you’ll want to use coins that are volatile throughout the day with high trading volume. Below you’ll find some excellent options for your trading needs.
| # | Coin Name | Coin Description |
| 1 | Cronos | Cronos is the official Crypto.com cryptocurrency. The native coin powers all the services offered by the crypto exchange platform. |
| 2 | Bitcoin | Bitcoin is the first and largest cryptocurrency created. It’s mostly used as an investment asset due to the store value it holds. |
| 3 | Terra | Terra is a utility coin that uses advanced algorithms to keep the UST coin stable at $1.00. |
| 4 | Polygon | Polygon is a layer 2 cryptocurrency providing ultra-fast and cheap transfers. |
| 5 | Chainlink | Chainlink uses oracles and hybrid smart contracts to transfer data efficiently to their blockchain. |
These coins were selected due to their established technologies, transparent team, and volatility.
Best Cryptocurrencies For Day Trading
Day trading is done best when the coin you are buying has high trading volume and swings in value heavily throughout the day.
| # | Coin Name | Coin Description |
| 1 | Bitcoin | Bitcoin is a volatile cryptocurrency that swings in price regularly, making it perfect for day trading. The coin is mostly used as an investment asset rather than a payment method. |
| 2 | Ethereum | Ether is the largest smart contract cryptocurrency that is used primarily for applications and payments. |
| 3 | BNB | Binance has created its own blockchain networks to synergize with its crypto exchange platform. The coin has multiple applications built on its blockchain and provides a 25% discount on day trading activities. |
| 4 | The Graph | The Graph is an indexing protocol for querying networks like Ethereum. To put it simply, the coin is used to make data easily accessible across blockchains. |
| 5 | Dogecoin | Dogecoin is a meme coin that gained popularity in 2021. It has a first movers advantage making it the least risky meme coin to day trade. |
These digital assets are perfect for day trading activities because of their high trading volume, high liquidity, and volatility.
Best Cryptocurrencies to Swing Trade
Swing trading is perfect with coins that dip heavily during crashes and recover gradually. Therefore, you should purchase coins with a strong community or strong fundamentals to ensure the price will swing back up.
| # | Coin Name | Coin Description |
| 1 | Bitcoin | Bitcoin has a massive market capitalization that swings daily, perfect for various trading strategies. The coin is primarily used to hold value and is often compared to gold. |
| 2 | Dogecoin | DOGE is a meme coin built on the Ethereum blockchain. It has no significant technologies but serves the purpose of being a fun community coin. |
| 3 | Ethereum | Ethereum is the 2nd largest cryptocurrency behind Bitcoin. It’s a blockchain network with a programming language that allows developers to build various applications. |
| 4 | Solana | Solana is a centralized smart contract cryptocurrency with SOL native token. It was created to be a significant competitor of Ethereum with faster transaction times and lower costs. |
| 5 | BNB | BNB is used as a smart contract and utility coin. Traders can hold the token to reduce all transaction fees by 25%. |
These coins have been selected due to their large market cap, big price swings during dips, and future potential.
Best Cryptocurrencies to Invest In For A Beginner
Those new to crypto world should invest in coins that are almost guaranteed to succeed to minimize risk.
| # | Coin Name | Coin Description |
| 1 | Bitcoin | Bitcoin is excellent for beginners since it’s mostly used as a store value. Nowadays, the coin is an investment asset by institutions and investors. |
| 2 | Ethereum | Ethereum provides developers with smart contract functions, allowing them to build advanced programs. Also, it can be used as a payment method. |
| 3 | BNB | BNB is Binance’s native token that is often used to reduce network fees and trading fees. Also, it has smart contract features, like Ethereum. |
| 4 | Cardano | Cardano is a proof-of-stake open-source blockchain platform with smart contract functionality. |
| 5 | Polkadot | Polkadot provides interconnectivity and interoperability between blockchains by enabling independent chains to exchange information securely using its native token; DOT. |
These digital assets are perfect for newbies because they are established coins with great future potential.
Top Cryptocurrencies In Recent Years - Most Notable Coins
The cryptocurrencies mentioned below have performed well during previous bull runs, cementing their place in crypto history.
| Year | Coin Name | Coin Description |
| 2017 | Bitcoin | Bitcoin is a decentralized digital currency that uses a peer-to-peer network. Today, its most common use is as an investment asset. |
| 2018 | Tether | Tether is a stable coin used to purchase and trade cryptocurrencies without the need to convert to fiat currency. |
| 2019 | Ripple | Ripple is a global payment solution mainly used by banks. It allows cheap cross-border transactions for large amounts of money. |
| 2020 | Polkadot | Polkadot is a decentralized Web 3.0 token that aims to interconnect blockchains. The cryptocurrency also features smart contract functionality. |
| 2021 | Dogecoin | Dogecoin is a meme token that can be a risky investment asset. Originally it was made as a joke but has become one of the biggest cryptocurrencies in the market. |
Best Alternatives to Bitcoin - Best Crypto On The Rise
If you’re looking for an alternative investment to Bitcoin, here are some brilliant options.
| # | Coin Name | Coin Description |
| 1 | Cosmos | Cosmos aims to scale and interoperate blockchains. The team’s goal is to “Create an Internet of Blockchains, a network able to communicate with each other in a decentralized way. |
| 2 | Litecoin | Litecoin is a peer-to-peer cryptocurrency that was an early Bitcoin spin-off. |
| 3 | Terra | Terra is a cryptocurrency that governs the UST stable coin by keeping its value at $1.00 |
| 4 | Cronos | Cronos is the native token of Crypto.com. It’s used to pay for many services offered by the platform. |
| 5 | Algorand | Algorand is a cryptocurrency intending to solve the blockchain trilemma. It supports smart contracts, payments, and a unique wallet. |
These coins have been on the rise recently for either implementing new technologies or being newly released. They have solid foundations, making them great alternative investment options to Bitcoin.
Should Investors Invest In New Cryptocurrencies and new crypto projects?
Buying new cryptocurrencies is risky due to the uncertainty if investors and institutions adopt the coin. Before purchasing a newly developed coin, you should do your research. For example, check the team’s credentials, the problem it aims to solve, and tokenomics.
Top Cryptocurrencies With Small Market Cap
Small market cap coins have low daily volume and small valuations. The benefit of purchasing these cryptocurrencies is their potential growth.
| # | Coin Name | Coin Type | Market Cap |
| 1 | SingularityNet | Artificial Intelligence | $152.7 Million |
| 2 | 1inch Network | Exchange Token | $681.6 Million |
| 3 | Immutable X | Layer 2 | $511.6 Million |
| 4 | Synthetix | DeFi (decentralized finance) Token | $607.3 Million |
| 5 | Ocean Protocol | Data Storage | $342.1 Million |
| 6 | Nano | Payment Method | $337.1 Million |
| 7 | Yearn.Finance | DeFi (decentralized finance) Token | $762.7 Million |
| 8 | SingularityDAO | DeFi (decentralized finance) Token | $62.8 Million |
| 9 | NuNet | Utility | $2.7 Million |
These coins were selected due to the problems they aim to solve in the crypto industry. They have massive room for growth, making them perfect investment options.
Best Cryptocurrencies to Invest in Under $1
Here are the top cryptocurrencies valued at under $1.00.
| # | Coin Name | Coin Description |
| 1 | Ripple | Ripple is a global payment system mainly used by banks for low fees on large transactions. |
| 2 | Cronos | Cronos is used to pay for services on the Crypto.com platform. |
| 3 | Dogecoin | Dogecoin is a meme coin used as an investment asset |
| 4 | Algorand | Algorand is a cryptocurrency that aims to solve the blockchain trilemma - Decentralized, Scalable, and Secure. |
| 5 | Zilliqa | Zilliqa allows developers to create user-friendly dApps (decentralized applications) without needing significant programming skills. |
They have been selected for their blockchain technologies, which provide fast transfer times, smart contracts, and communities.
Best Crypto Under 10 Cents
Below are the best cryptocurrencies priced under $0.10.
| # | Coin Name | Coin Description |
| 1 | Harmony | ONE is used for all transactions on the Harmony blockchain, such as mining rewards, gas fees, transfer fees, and voting. |
| 2 | VeChain | VeChain is used for asset management for logistics companies. |
| 3 | NEM | New Economy Movement is a cryptocurrency used to manage assets and data inexpensively. |
| 4 | Amp | Amp is an Ethereum token used to collateralize payments on the Flexa Network, making them instant and secure. |
| 5 | Ankr | Ankr provides a Web 3.0 infrastructure and cross-chain staking for DeFi assets. |
Most of these coins have small market caps, resulting in a sub $0.10 value for each coin. They have been selected for their potential growth and the unique problems they aim to solve.
Best Cryptocurrencies Under 1 Cent
The under $0.01 category features some interesting coins that provide various services.
| # | Coin Name | Coin Description |
| 1 | Shiba Inu | Shiba Inu is a meme coin inspired by Dogecoin. It has no value other than holding and waiting for meme coins to trend. |
| 2 | BitTorrent-New | BitTorrent-New is a file sharing and torrent platform. It allows users to share data in a decentralized manner. |
| 3 | Dent | Dent is a revolutionary digital mobile operator offering eSIM cards and mobile plans. |
| 4 | Reef | Reef is a smart contract blockchain with backward compatibility with EVM and Solidity. The project is designed to make decentralized applications, DeFi, NFTs (non fungible tokens), and gaming easy for blockchain enthusiasts. |
| 5 | Telcoin | Telcoin provides low-cost and high-quality financial products for mobile users worldwide. |
These cryptocurrencies have been selected for providing usable services globally. Also, they have active communities on various social media platforms adding legitimacy to their projects.
What Types Of New Cryptocurrencies Are There?
The cryptocurrency marketplace features various coins that have different functionalities. Let’s go over them in more detail.
Crypto Coins Vs. Tokens
Crypto coins are digital versions of money that can be used as a payment method, while tokens can be composed of assets. You can purchase tokens with crypto coins, and in most cases, tokens are valued higher. For example, a company’s share token can be bought with crypto.
What Are Altcoins?
Altcoins are any coin other than Bitcoin. BTC is the original cryptocurrency, making every other coin created an “alternative” option.
How Many Cryptocurrencies Are There?
It’s difficult to say the exact amount of how many cryptocurrencies there are since anybody can create a new coin overnight. A rough estimate made by experts is over 18,000. However, the number is likely to increase since many platforms allow you to create a coin for a cheap fee.
Why Are There So Many Cryptocurrencies?
Cryptocurrencies use blockchain technology to provide specific services. For example, Ethereum allows developers to build various applications, while XRP is used for global payments. Specializing in a product or service allows the underlying blockchain technology to be more efficient in the task. That’s why we don’t see a jack of all trades in digital currency because it’s better to be excellent in one sector than to be average in all.
Best Cryptocurrencies & Tokens By Category
Cryptocurrencies can be put in multiple categories based on the service they provide. Let’s dive into the top DeFi, CeFi, meme coins, and more.
Top DeFi Tokens - Best For Decentralized Financial Services
DeFi cryptocurrencies represent a diverse set of coins used to automate decentralized platforms by using smart contracts to interact with decentralized applications such as exchanges.
| Coin Name | Coin Symbol | Market capitalization | Max Supply | Minable | Decentralized |
| Aave | AAVE | $2.5 Billion | 16 Million | Yes | Yes |
| Cosmos | ATOM | $7.8 Billion | Uncapped | Yes | Yes |
| Yearn.Finance | YFI | $764.1 Million | 36,666 | Yes | Yes |
| SushiSwap | SUSHI | $458.9 Million | 250 Million | Yes | Yes |
| Uniswap | UNI | $7.1 Billion | 1 Billion | Yes | Yes |
Top CeFi Tokens - Best For Centralized Financial Services
CeFi cryptocurrencies are owned and controlled by a corporation that provides financial services. You cannot use these to interact with decentralised exchanges, but you can use these on centralised staking platforms or similar.
| Coin Name | Coin Symbol | Market capitalization | Max Supply | Minable | Decentralized |
| Ripple | XRP | $36.9 Billion | 100 Billion | Yes | No |
| Quant | QNT | $1.5 Billion | Uncapped | Yes | No |
| BNB | BNB | $70.4 Billion | Uncapped | Yes | No |
| Cronos | CRO | $11.4 Billion | 30.2 Billion | Yes | No |
Top Meme Coins - Best For Fun & Community Support
Meme coins are cryptocurrencies that were created as a joke, but they often gain value and popularity from the communities that develop.
| Coin Name | Coin Symbol | Market capitalization | Max Supply | Minable | Decentralized |
| Dogecoin | DOGE | $20.6 Billion | Uncapped | Yes | Yes |
| Shiba Inu | SHIB | $13.8 Billion | Uncapped | Yes | Yes |
| Dogelon Mars | ELON | $502.9 Million | Uncapped | Yes | Yes |
| SafeMoon | SAFEMOON | $105.6 Million | 1 Quadrillion | Yes | Yes |
| DogeBonk | DOBO | $23.8 Million | 1 Quadtrillion | Yes | Yes |
Top Stablecoins - Best For Value Exchange
Stablecoins were made to prevent the need to exchange tokens for fiat currency when transferring money between exchanges. Their value always stays at $1.00 no matter their market cap.
| Coin Name | Coin Symbol | Market capitalization | Max Supply | Minable | Decentralized |
| TerraUSD | UST | $16.7 Billion | Uncapped | Yes | Yes |
| USD Coin | USDC | $51 Billion | Uncapped | Yes | No |
| Tether | USDT | $82.5 Billion | Uncapped | Yes | No |
| Binance USD | BUSD | $17.9 Billion | Uncapped | Yes | No |
| Dai | DAI | $9.4 Billion | Uncapped | Yes | No |
Top NFTs & Collectible Tokens - Best For Collectibles
NFTs (Non-Fungible Tokens) is a technology that allows data to be stored on the blockchain. Each data point has unique verification allowing companies to store unique tickets, art, and collectibles on the blockchain.
| Coin Name | Coin Symbol | Market capitalization | Max Supply | Minable | Decentralized |
| Decentraland | MANA | $4.3 Billion | Uncapped | Yes | Yes |
| The Sandbox | SAND | $3.4 Billion | 3 Billion | Yes | Yes |
| Axie Infinity | AXS | $3.1 Billion | 270 Million | Yes | No |
| Theta Network | THETA | $3.5 Billion | 1 Billion | Yes | Yes |
| Tezos | XTZ | $2.9 Billion | Uncapped | Yes | Yes |
Top Layer 2 Crypto Coins - Best For Low-Fee Transactions And Speed
Layer 1 cryptocurrencies like Ethereum and Bitcoin are optimized for decentralization and maximum security. However, layer 2 coins are built on the existing framework of these blockchains, allowing much faster and cheaper transactions.
| Coin Name | Coin Symbol | Market capitalization | Max Supply | Minable | Decentralized |
| LRC Loopring | LRC | $1.3 Billion | 1.3 Billion | Yes | Yes |
| Polygon | MATIC | $11.5 Billion | 10 Billion | Yes | Yes |
| OMG Network | OMG | $688 Million | 140 Million | Yes | Yes |
| Skale Network | SKL | $748 Million | 7 Billion | Yes | Yes |
| ZRX | 0x | $662 Million | 1 Billion | Yes | Yes |
Top Privacy Tokens - Best For For Anonymity
Privacy tokens are cryptocurrencies that obscure transactions on the blockchain to maintain full anonymity.
| Coin Name | Coin Symbol | Market capitalization | Max Supply | Minable | Decentralized |
| Monero | XMR | $4.4 Billion | Uncapped | Yes | Yes |
| Zcash | ZEC | $2.3 Billion | 21 Million | Yes | Yes |
| Oasis Network | ROSE | $921.6 Million | 10 Billion | Yes | Yes |
| Secret | SCRT | $875 Million | Uncapped | Yes | Yes |
| Decred | DCR | $831 Million | 21 Million | Yes | Yes |
Top Smart Contract Cryptocurrencies
Smart contract coins are cryptocurrencies that allow programs to be stored on the blockchain and run when specific conditions are met. Typically, they are used to automate applications like a decentralized exchange.
| Coin Name | Coin Symbol | Market capitalization | Max Supply | Minable | Decentralized |
| Ethereum | ETH | $396.5 Billion | Uncapped | Yes | Yes |
| BNB | BNB | $70.8 Billion | Uncapped | Yes | Yes |
| Cardano | ADA | $35.9 Billion | 45 Billion | Yes | Yes |
| Polkadot | DOT | $24.3 Billion | Uncapped | Yes | Yes |
| Zilliqa | ZIL | $1.5 Billion | 21 Billion | Yes | Yes |
Top DAO Tokens - Best For New Adventures
DAO (Decentralized Autonomous Organization) cryptocurrencies use blockchain technology to move investment funds and data efficiently.
| Coin Name | Coin Symbol | Market capitalization | Max Supply | Minable | Decentralized |
| Uniswap | UNI | $7 Billion | 1 Billion | Yes | Yes |
| Aave | AAVE | $2.5 Billion | 16 Million | Yes | Yes |
| Curve DAO | CRV | $1.2 Billion | Uncapped | Yes | Yes |
| SingularityDAO | SDAO | $63.3 Billion | 100 Million | Yes | Yes |
| Synthetix | SNX | $607 Million | Uncapped | Yes | Yes |
Top Storage Tokens - Best For Data Storage
Storage coins are used by individuals or businesses to deposit data into the chain for personal use and protection. The payment method of this service is usually with the native cryptocurrency.
| Coin Name | Coin Symbol | Market capitalization | Max Supply | Minable | Decentralized |
| Filecoin | FIL | $4.1 Billion | Uncapped | Yes | Yes |
| BitTorrent New | BTT | $1.8 Billion | Uncapped | Yes | Yes |
| Ocean Protocol | Ocean | $343 Million | 1.4 Billion | Yes | Yes |
| Storj | STORJ | $450 Million | Uncapped | Yes | Yes |
| Arweave | AR | $1.1 Billion | 66 Million | Yes | Yes |
Top Cryptocurrencies to Avoid (A.K.A Shitcoins)
These coins you’ll want to avoid at all costs since they are considered “Shitcoins”. The name is accurate as these cryptocurrencies have no real value other than being pump and dump schemes.
| # | Coin Name | Reason to avoid |
| 1 | SafeMoon | SafeMoon aims to deliver a lot on its website. However, it’s a pump and dumb token that relies on trends to gain value. |
| 2 | Dogelon Mars | Dogelon Mars is trying to capitalize on meme tokens gaining popularity. The coin has no real-world value and is a basic pump and dump scam. |
| 3 | Floki | Floki is an ERC-20 token named after Elon Musk’s dog. They claim the token is a movement, not a meme token. However, there is no evidence to support this. |
| 4 | ApeCoin | ApeCoin is a new token released by the famous NFTs (non fungible tokens) community Bored Ape Yacht Club. The reason to avoid these types of coins is they gain huge value quickly but fall significantly when experiencing a small dip. |
| 5 | Fringe Finance | Fringe Finance, previously known as Bonded Finance, is a token that aims to tap into the dormant 50 billion altcoin market that has no use anymore. The team keeps failing on their deadlines, leaving many holders nervous if they can create a functioning platform. |
Top Blockchain Ecosystem Protocols - Best For Crypto Enthusiasts
Blockchain ecosystem protocols refer to a network of participants that share business objectives and relationships. The coins are excellent for transferring business value efficiently.
| Coin Name | Coin Symbol | Market Cap. | Max Supply | Minable | Decentralized |
| XDC Network | XDC | $706 Million | Uncapped | Yes | Yes |
| Ethereum | ETH | $396 Billion | Uncapped | Yes | Yes |
| Stellar | XLM | $5.1 Billion | 50 Billion | Yes | Yes |
| Tezos | XTZ | $2.9 Billion | Uncapped | Yes | Yes |
| Tron | TRX | $6.5 Billion | Uncapped | Yes | Yes |
Best Cryptocurrencies to Stake - Top Coins for Passive Income
Staking is an excellent method of earning passive income on your investments. By staking, you validate transactions via the proof-of-stake mechanism, help the network, and receive a percentage reward. Below you’ll find the best and safest cryptocurrencies to stake.
| Coin Name | Coin Symbol | Market Cap. | Max Supply | Proof of Stake (PoS) | Decentralized |
| Ethereum | ETH | $396 Billion | Uncapped | Yes | Yes |
| Cosmos | ATOM | $7.8 Billion | Uncapped | Yes | Yes |
| Cardano | ADA | $35.9 Billion | 45 Billion | Yes | Yes |
| Polkadot | DOT | $24.3 Billion | Uncapped | Yes | Yes |
| NEXO | NEXO | $491 Million | Uncapped | Yes | Yes |
Best Web 3.0 projects, Coins, and Tokens
Web 3.0 is the next evolution of the internet. It aims to connect human civilization on a much larger scale with decentralization. Cryptocurrency plays a significant role in this next era as the global payment system.
| Ecosystem | Token | Market Cap. | Best for |
| Ethereum | ETH | $396 Billion | Overall Best Web 3.0 ecosystem |
| Uniswap | UNI | $7 Billion | Uniswap is a decentralized exchange and is one of the best for decentralized trading. |
| Basic Attention Token | BAT | $1.1 Billion | One of the best for privacy and marketing |
| Chainlink | LINK | $7.4 Billion | It is a dAPI (decentralised API) project, with a decentralized oracle network. LINK is the best token for connecting blockchain networks together. |
| Decentraland | MANA | $4.3 Billion | One of the unicorns in metaverse (a virtual world build on blockchain) |
| Yearn.Finance | YFI | $761 Million | Best in the lending space |
| Cosmos | ATOM | $7.8 Billion | Best for connecting digital currency projects together |
| The Graph | GRT | $1.9 Billion | Best for indexing blockchain projects a.k.a the Google of Web 3.0 |
| Tron | TRX | $6.5 Billion | One of the best for content creators |
| Solana | SOL | $37.8 Billion | One of the most cost-effective and fast networks |
| BNB | BNB | $70.7 Billion | One of the biggest ecosystems of Web 3.0 |
Best Crypto For Mining
Crypto mining can be a very profitable venture if you select the right coin. Below is a list of the easiest coins to set up for mining.
| Coin Name | Coin Symbol | Market Cap. | Max Supply | Minable | Decentralized |
| Litecoin | LTC | $8 Billion | 84 Million | Yes | Yes |
| Monero | XRM | $4.4 Billion | Uncapped | Yes | Yes |
| Ethereum | ETH | $396 Billion | Uncapped | Yes | Yes |
| Bitcoin | BTC | $824 Billion | 21 Million | Yes | Yes |
| Ravencoin | RVN | $633 Million | 21 Billion | Yes | Yes |
Best Cryptocurrencies to Mine With GPU
Most cryptocurrencies are mined with a GPU due to their ability to mine faster and more efficiently. Take a look at the top cryptos that are best mined with a GPU setup.
| Coin Name | Coin Symbol | Market Cap. | Max Supply | Minable | Decentralized |
| Bitcoin | BTC | $824 Billion | 21 Million | Yes | Yes |
| Ethereum | ETH | $396 Billion | Uncapped | Yes | Yes |
| Monero | XMR | $4.4 Billion | Uncapped | Yes | Yes |
Best Cryptocurrencies to Mine On CPU
Typically, you want to avoid using a CPU to mine because it’s inefficient and wears down faster. Due to the less computing power, you’ll want to mine coins with easier equations to solve.
| Coin Name | Coin Symbol | Market Cap. | Max Supply | Minable | Decentralized |
| Dogecoin | DOGE | $29.6 Billion | Uncapped | Yes | Yes |
| Zcash | ZEC | $2.4 Billion | 21 Million | Yes | Yes |
| Haven Protocol | XHV | $109 Million | Uncapped | Yes | Yes |
Best Cryptocurrencies to Mine On Laptop
To mine on a laptop, you’ll need either a powerful GPU or CPU to generate the most profit. Since these smart devices have less power, you’ll want to select a cryptocurrency that is easy to mine.
| Coin Name | Coin Symbol | Market Cap. | Max Supply | Minable | Decentralized |
| Ethereum Classic | ETC | $5.6 Billion | 210.7 Million | Yes | Yes |
| Dogecoin | DOGE | $20.6 BIllion | Uncapped | Yes | Yes |
| Shiba Inu | SHIB | $13.8 Billion | Uncapped | Yes | Yes |
Best Cryptocurrencies to Mine With Nvidia Card
Nvidia cards are the best option for mining cryptocurrencies due to their powerful cores and processing speed. Below are the best coins to mine with an Nvidia card.
| Coin Name | Coin Symbol | Market Cap. | Max Supply | Minable | Decentralized |
| Bitcoin | BTC | $824 Billion | 21 Million | Yes | Yes |
| Ethereum | ETH | $396 Billion | Uncapped | Yes | Yes |
| Monero | XMR | $4.4 Billion | Uncapped | Yes | Yes |
Are There Any More Types of Crypto to Buy?
Unfortunately, these coins didn’t make it into the other categories but are worth researching. They have excellent tokenomics, trustworthy teams, and huge followings.
| Coin Name | Coin Symbol | Market Cap. | Max Supply | Minable | Decentralized |
| Avalanche | AVAX | $22.8 Billion | Uncapped | Yes | Yes |
| Hedera | HBAR | $4.2 Billion | 50 Billion | Yes | Yes |
| Fantom | FTM | $3.3 Billion | 3.175 Billion | Yes | Yes |
| Helium | HNT | $2.6 Billion | 223 Million | Yes | Yes |
| Dash | DASH | $1.2 Billion | 18.9 Million | Yes | Yes |
If I had $1,000 to Invest In Cryptocurrency - Which Crypto to Buy?
If you had $1,000 to invest in cryptocurrency you should diversify your portfolio between multiple categories:
Therefore, if you have $1,000 to spend, it would be recommend diversifying between these types of coins. The amount you put in each category depends on the risk you want to take on. The safest option is to put your money into Ethereum and Bitcoin, but the profits will be much smaller compared to other altcoins.
Although they will not gain value, you can stake them to earn passive income.
Best Cryptocurrencies That Will Go to The Moon According to Reddit
| Coin Name | Reddit Community Name | # of Subscribers |
| Algorand | R/AlgorandOfficial | 66.8k |
| Cardano | R/Cardano | 697k |
| Polkadot | R/DOT | 39.7k |
| Ethereum | R/Ethereum | 1.3m |
| Bitcoin | R/Bitcoin | 4.1m |
Best Cryptocurrencies By Broker And Exchange In 2023
Cryptocurrency brokers and exchanges receive different volume rates on their platform. Let’s take a look at the most popular coins they provide.
Top 5 - Best Cryptocurrencies On Coinbase
Coinbase is a beginner-friendly cryptocurrency exchange that offers hundreds of coins to buy and stake.
| Coin Name | Market Cap. | Fees |
| Bitcoin | $822 Billion | From $0.99 |
| Ethereum | $395 Billion | From $0.99 |
| Tether | $82.5 Billion | From $0.99 |
| BNB | $70.7 Billion | From $0.99 |
| USD Coin | $51 Billion | From $0.99 |
Best Crypto to Buy On Robinhood
Robinhood is a crypto broker that facilitates transactions and lets investors purchase various altcoins.
| Coin Name | Market Cap. | Fees |
| Bitcoin | $822 Billion | No fees |
| Bitcoin Cash | $6.3 Billion | No fees |
| Dogecoin | $20.5 Billon | No fees |
| Ethereum | $395 Billion | No fees |
| Litecoin | $8 Billion | No fees |
Best Crypto to Buy On eToro
eToro is the largest and most beginner-friendly crypto broker. They provide various cryptocurrencies to buy.
| Coin Name | Market Cap. | Fees |
| Ethereum | $395 Billion | 1% |
| Polygon | $11.5 Billion | 1% |
| Solana | $37.5 Billion | 1% |
| Decentraland | $4.3 Billion | 1% |
| The Sandbox | $3.5 Billion | 1% |
Best Crypto to Buy On Gemini
Gemini is a cryptocurrency wallet that allows users to purchase Bitcoin and various altcoins.
| Coin Name | Market Cap. | Fees |
| Bitcoin | $822 Billion | from $0.99 |
| Ethereum | $395 Billion | from $0.99 |
| Chainlink | $7.4 Billion | from $0.99 |
| Dogecoin | $20.5 Billion | from $0.99 |
| Ethereum Classic | $5.6 Billion | from $0.99 |
Best Crypto to Buy On Crypto.com
Crypto.com is an exchange platform that provides a huge selection of crypto assets. Moreover, they have a unique debit card, various staking programs, and lending options.
| Coin Name | Market Cap. | Fees |
| Bitcoin | $822 Billion | from 0.075% |
| Ethereum | $395 Billion | from 0.075% |
| Solana | $37.5 Billion | from 0.075% |
| Terra | $34 Billion | from 0.075% |
| Aave | $2.5 Billion | from 0.075% |
Best Crypto to Buy on Naga
Naga is a cryptocurrency trading platform that allows users to invest in altcoins, stocks, and indices.
| Coin Name | Market Cap. | Fees |
| Binance Coin | $70 Billion | 0.05%-0.40% |
| Bitcoin | $822 Billion | 0.05%-0.40% |
| Ethereum | $395 Billion | 0.05%-0.40% |
| Litecoin | $8 Billion | 0.05%-0.40% |
| Ripple | $37 Billion | 0.05%-0.40% |
Why Invest In Cryptocurrencies?
There are several reasons why you’d want to invest in cryptocurrency today. Below are the main factors.
More Practical Use:
Cryptocurrencies can be used as investment assets or as a payment method. With crypto, you can transfer funds globally within minutes at ultra-low transaction fees, making it more practical than banks.
Anonymity:
If you want your finances to become anonymous, purchasing crypto can help disclose personal information. All crypto wallets have unique addresses allowing users to be fully anonymous. Moreover, you can take it a step further and use privacy coins that encrypt transaction data, making it untraceable.
Support For The Decentralized Financial System:
By purchasing cryptocurrency, you are supporting the decentralized financial system. Ultimately, when crypto gains widespread adoption, it will replace banks with transparent institutions.
Profitability:
Cryptocurrencies are great investment opportunities due to their high volatility. Purchasing a coin early can generate significant gains for your investment portfolio.
What Should You Pay Attention to When Choosing A Crypto to Invest In?
Many beginners fail to do their research when buying a coin and lose out on potential profits. Also, multiple scams take on the appearance of a legitimate project, tricking people into investing. Therefore, you should take the time to thoroughly research a project before allocating a large portion of your portfolio.
Buy Cryptocurrencies At The Right Moment:
Typically, when prices surge to new all-time highs, a correction is bound to happen, creating the perfect opportunity to buy. These dips provide the perfect moment to stock up on the cryptocurrency you’ve selected.
Choose A Safe Online Broker:
Before buying any coin, ensure the platform you are using is legitimate. They must be regulated by a respected authority and have a license to operate. Also, they should provide multiple layers of security.
Invest In The Best Crypto:
Purchase coins with a future in the crypto market since they are less riskier. Projects with strong fundamentals are bound to rise in price as they get adopted.
Do Not Assume That There Are No Risks In Investing In Cryptocurrencies:
Investing in cryptocurrency is risky due to the high volatility. You should expect huge price swings that could put your portfolio in the negative.
What to Look For In Good Cryptocurrencies
There are a few factors you can look into to determine if a coin is a good investment. Let’s analyze them in greater detail.
Adoption Rate:
How quickly the coin is getting adopted by individuals and companies is important to determine its longevity. The cryptocurrency you’ve selected should have multiple partnerships in the pipeline to ensure a fast growth rate.
Market Cap:
The value of a coin is determined by the market cap. If it’s in the billions, the coin is unlikely to grow substantially and increase the value of each token. However, a good project with a low market cap showcases room to grow and generate significant profits for crypto investors.
Promising New Technology:
Coins that promise new groundbreaking technologies usually have a lot of hype that can impact prices positively. If the cryptocurrency becomes successful, those who invested early will reap the rewards.
Security Or Anonymity Features:
The cryptocurrency’s blockchain must use advanced security to protect it from being compromised. You can find what precautions the team took in the whitepaper.
Industry Utility:
For a cryptocurrency to grow in value, it must provide utility for companies or individuals. Look at what problem the coin aims to solve and determine if it’s worth an investment.
Can Cryptocurrencies Be Used For Illegal Activity?
Cryptocurrencies can be used for illegal activities due to their nature of being decentralized and hard to trace. Moreover, with coins like Monero and Zcash all transactions are effectively deleted, making it difficult to follow how much and where the money is going. Therefore, criminals have turned to cryptocurrency as a payment method since the government cannot accurately trace the money.
What Are The Most Popular Cryptocurrencies Used For Illegal Activity?
Bitcoin was the first cryptocurrency adopted by criminals for its advanced security, difficult-to-trace transactions, and anonymity. Most notably, it was the main currency used on Silk Road, a website that sold various illegal items. However, with the creation of privacy coins like Monero and Zcash, transactions were hidden, making them perfect for illegal activities.
| Coin Name | Market Cap. | Why it's being used for illegal activity |
| Bitcoin | $822 Billon | Bitcoin is the first decentralized and almost impossible to track cryptocurrency, which makes it the perfect choice for illegal activity |
| Monero | $4.4 Billion | Monero is the largest privacy coin that is perfect for those participating in illegal activities. All transactions are deleted, and nobody can see how much each wallet holds. |
| Zcash | $2.4 Billion | Zcash allows anonymous and untraceable transactions between wallets. Also, no institution can find out how much cryptocurrency each wallet holds. |
Which Crypto to Buy?
The cryptocurrency market is valued at almost $2 trillion, with over 18,000 cryptocurrencies to buy. We’ve gone over the best coins for each category to make it easier for you to decide what to invest in. If you’re interested in Web 3.0 and the next era of the internet, then Ethereum, Cosmos, Decentraland, and The Graph are some excellent coins to buy.
When investing in cryptocurrencies, it’s vital to do the research beforehand to ensure the coin has a bright future. The main factors you should look at are the founding team, tokenomics, and the service they aim to provide. Remember that crypto is highly volatile, so invest accordingly.
FAQs
Why Are Cryptocurrencies Like Bitcoin And Other Altcoins Currently Exploding?
Will The Cryptocurrency Boom Continue In The Future?
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