What are the worth buying coins this year? This year, we’ve seen a lot of dramatical rise and fall of all the major crypto currencies. The top names are Bitcoin, Ethereum and Solana.
- Bitcoin reached an all-time high price of $68,521 on Nov. 5, 2021
- Solana reached $259 on Nov. 07, 2021
- And Ethereum touched $4815 on November 9, 2021
Since, Facebook announced Metaverse and Adidas showed interest in virtual land with The Sandbox, there is a rise in crypto market. Especially the Altcoins just showed their teeth.
As the market is still down, it’s the right time to do a long-term investment. Don’t be a jack of all coins, you will see the coin you invested on is falling and the other one is rising. Don’t just move your assets from one coin to other.
Invest, wait and buy the entire candy store.
Let’s see what is best to buy right now.
Table of Contents
Solana
You better get to know that there are 100x Metaverse coins that are powered by Solana. It has taken the crypto world by storm, starting 2021 with 0.01% of the market and soaring to a top 10 crypto by market cap by September, giving its main competitor, Ethereum, a run for its money. Solana currently ranks fifth in terms of market share, with a market capitalization of $68.63 billion, according to CoinMarketCap. Its appeal lies in the speed and scalability of its network and the ease with which it can be used to create decentralized apps that run on a blockchain, Decrypt explained.
Ethereum
Ethereum is different from Bitcoin because it isn’t only a cryptocurrency. It’s also a network that allows developers to create their own cryptocurrency utilizing the Ethereum network. While Ethereum is far behind Bitcoin in value, it’s also far ahead of the other competitors. Even though it came out years after some other cryptocurrencies, it has far exceeded its place in the market because of its unique technology, and it’s currently the second-largest crypto behind Bitcoin.
Bitcoin
Bitcoin has been around for the longest of any cryptocurrency. It’s easy to see why it’s the leader, with a price and market cap that’s much higher than any other investment options. Many businesses already accept Bitcoin as payment, which makes this cryptocurrency a smart investment. Visa, for example, transacts with Bitcoin. Additionally, Tesla announced in February that it had invested $1.5 billion in it, and for a time, the company accepted it as payment for its cars — and it soon might again. Plus, the larger banks are beginning to incorporate Bitcoin transactions into their offerings.
Tether/USDT
Tether is a stablecoin, which means its value tracks the U.S. dollar. Because of that, it doesn’t experience the volatility other cryptos do. The value is always at or near $1. You can’t buy Tether low and sell it high to make a profit, but you can use it to hold funds you move out of other cryptos without converting them to cash.
With a market capitalization of nearly $74 billion, Tether is the fourth-largest crypto, according to CoinMarketCap.
Join us and benefit from our expertise on Crypto investment, trading, management and more.