Top 10 best cryptocurrencies that are worth paying attention to right now!
Hello! Many people study the market and want to choose exactly those projects that can bring the maximum profit, as well as to be sure that they will not lose their investment and will not suffer losses.
Of course, the market has declined significantly recently. This can be seen in the example of bitcoin. It has long been no secret that many altcoins depend on the bitcoin exchange rate. Here is how the bitcoin exchange rate looks on the chart for the last month.
A source:
https://www.coingecko.com/en/coins/bitcoin
From here, we can see that bitcoin, having a maximum value of $ 59,229 on May 10, fell to $ 33,078 on May 23. And just two days later, it reached $ 37,974 on May 25.
So maybe this is the best time to invest? No one can give an exact answer with 100% confidence, but those who have been doing this for a long time are more likely to understand that this is a good time to invest.
Let's think together about where it is better to invest, and consider a few projects that are worth paying attention to. I will present you 10 great projects with a short description:
- Cardano (ADA)
Cardano is a decentralized network on a public blockchain, as well as an open source cryptocurrency project. This project has already earned a lot of trust from most people and has excellent prospects in the future. Cardano(ADA)- This is a relatively new unit. Every day, coins are gaining more and more popularity, opening up new opportunities and prospects for users. Cardano is truly called the most grandiose of all known projects for creating cryptocurrencies. It is rapidly developing and gaining momentum, becoming more popular and in demand on the market. This coin, according to forecasts and prospects, is the most important link in the entire cryptocurrency turnover. This is not a "dummy" that you can forget about after a couple of years. Cardano has a future that will come very soon. This is the opinion of most financial experts.
At the moment, the price of 1 Cardano (ADA)=1.64$
2.Polygon (MATIC)
The project was fully named Matic Network. The company has announced a rebranding and is now called Polygon. But we will address it in the old way. This is a decentralized blockchain created to increase the speed of operations and reduce fees. The project runs on the basis of Ethereum and solves its problem by placing side chains called Plasma on top of the Ethereum network. This makes transfers faster and safer at the same time. The future of the company will depend on the speed of implementation of its plans, as well as the stable and correct operation of the network. At the moment, there is a positive development of the project.
The price of 1 Polygon(Matic)=2.14$
3.Terra(Luna)
Terra is a distributed network for everyday payments on the blockchain with two tokens, Terra and Luna, and a set of stablecoins tied to various national currencies. In the future, Terra may become one of the leading blockchain platforms for e-commerce.
Price now 1 Terra(LUNA)=7.55$
4.Solana(Sol)
Solana is a fast, secure, and censorship-resistant blockchain that provides the open infrastructure needed for global adoption. Due to the innovative nature of the project and the general demand for cryptocurrency by investors, in the near future, we can prepare for a gradual increase in the exchange rate of this asset.
The price 1 Solana(SOL)=31.85$
5.Ripple(XRP)
Ripple- it is an open source protocol that is used as a distributed peer-to-peer payment system primarily in the banking and financial sector. An interesting feature of the Ripple technology is its currency independence. A transaction on the network can actually be processed in any currency. It is interesting to know how it will behave in the market in the future, but I think the project is very worthy.
Price now 1 Ripple(XRP)=1$
- Stellar(XLM)
Stellar refers only to the network, the protocol, the system, and the community as a whole. On the other hand, Lumens (XLM) is Stellar's own digital currency that powers the network. Cryptocurrency is used to send, receive, and trade with other assets. Perhaps the confusion started because the cryptocurrency was originally known as Stellar (STR), but it was later renamed Lumens or XLM. In the future, its forecast is quite favorable so you do not need to bypass it!
The price 1 Stellar(XLM)=0.44$
7.NEO(NEO)
NEO is an independent blockchain platform for working with digital assets and Smart Contracts. Its prototype, the AntShares cryptocurrency, was created by developers Da Hongfei and Erik Zhan in China in 2014 and renamed NEO in June 2021. The platform uses two different tokens. The first is called NEO, the second — GAS (gas). The main goal is to become a digital, decentralized platform for converting real assets into their digital equivalent through smart contracts. Another successful and thriving project.
The price 1 Neo(NEO)=58.34$
8.Polcadot(DOT)
Polkadot is a "new generation blockchain protocol" that combines several specialized blockchains into one single network. It allows independent networks to work together, exchange data, and process transactions with the benefit of the overall security provided by the” Polkadot Relay Chain". The protocol aims to create an "Internet of blockchains" or "decentralized network" in which users control the situation, rather than an Internet monopoly. It also aims to make it easier than ever to create and connect decentralized applications (dApps), services, and institutions through blockchains. We should also expect positive trends in the future from this project.
Price 1 Polcadot(DOT)=23.04$
9.Vechain(VET)
The original VeChain ecosystem includes the main blockchain, cryptocurrency (Vechain VEN), and wallet. Vechain is based on the Ethereum blockchain and retains the technical basics. The VeChain token (VEN) is a unit of ecosystem value and provides access to blockchain services (consultation / data modification) or creation, as well as smart contracts. VEN is an ERC20 standard token. This is probably one of the most promising currencies for a relatively small price.
Price 1 Vechain(VET)=0.12$
10.Chainlink(LINK)
Chanlink is a decentralized oracle for smart contracts and a full-fledged blockchain in general, that is, it is a special communication tool between different blockchains or data from the outside world. In other words, oracles are middleware that provide access to external data for smart contracts. Cainlink helps to solve the problem of vulnerability of smart contracts when interacting with the traditional sector. Thanks to this, financial, educational and trade organizations will improve their activities, thereby increasing the level of security, as well as freeing themselves from outside interference. And this project has a successful future.
Price 1 Chainlink(LINK)=29.61$
Here are actually a few projects that I wanted to present to you. Now there are a huge number of them on the market and this is only a small part of the excellent projects. I believe that this list of currencies deserves a lot of attention and for someone it can become part of investing. I'm not encouraging you to invest your money! I just wanted to share a little information with you and hear your opinion on this matter. And before you invest in a particular project, you should analyze and study it completely yourself and only then make a decision! I wish you all good luck and profit!