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TOP 10 COINS

Invest. Just Invest. There is a very old saying that "INVEST AND LET MONEY MAKE MONEY". And that's true. 

In old times people use to invest in share markets by physically going to banks or to brokers. But in this modern era people have become smarter and just in one or two clicks, they invest in huge or in small-cap.

Today, I'll tell you about the top 10 Crypto Coins that can yield good returns. Let's just buckle up and get some brand new piece of information.


TOP 10 CRYPTO COINS : 


1. BITCOIN (BTC)

It is one of the most popular coins of all time. People don't know about coins but definitely, they know about BITCOINS. This was the first Crypto coin that was ever made. Now in recent time, it has taken a great dip in the market. From being 40-42L ($54836 - $57578) in start of '21 to 25-27L ($34272 - $37014) at present. Now and then everyone has invested in this coin. The overall market capitalization is 50, 15,547 Cr. The circulating supply amount is 2 Cr. It operates with no central authority and is not controlled by any central banks. It works on P2P. It is a great choice to invest in it. The current price is 28,46,991.35 rupees.


 

2. ETHEREUM (ETH)


It is 2nd most popular on the list as it chooses to say that it is the top competitor of BTC and it proved to be. It follows a blockchain protocol wherein the user does not need a third party for sending or receiving funds. It has also seen a dip as highest going to 3.5L ($4785.93) in May and as low as 17.6K ($240.66) in last year September. The overall capital is 21, 06,097 Cr. and the amount in circulating supply is 12 Cr. It is a great choice to invest in. The current price is 1,88,748.54 rupees.

 


3. TETHER (USUD) 

It was published/released in the year 2014 by Brock Pierce. It is also popular due to its market capitalization of 4, 57,373 Cr. and circulating supply of 6,259 Cr. in total. It converts cash into digital currencies to replicate the value of coins to the price of national currencies like the US dollar. It is distributed on TRON, Omni, and ETH blockchain. Its year highest is 137.93 rupee ($1.89) and as low as 63.39 rupees ($0.87). Due to its market cap, it comes on the list as #3. The current price is 77.08 rupees.

 


4. BINANCE COIN (BNB)

It was created in 2017 by Binance. It was first issued and released in Initial Coin Offering (ICO) crowdfunding event. It is interesting to note that back in 2017, it was offered as 1 ETH = 2700 BNB and 1 BTC = 25000 BNB. How drastically its prices changed as in the span of a year it dropped from 55,812 rupees ($763.18) to 27,708 ($378.88). Its market capitalization is about 3, 96,767 Cr. and its circulating supply of 15 Cr. Firstly, it was released on ETH blockchain but now it has its own. The current price is 27,625.78 rupees.

 


5. CARDANO (ADA)

It was created by Etherum co-founder Charles Hoskinson in 2015 and released in 2017. It is an open-source, public blockchain that works on the POS (Proof Of Stake) algorithm. It seeks to develop smart contracts to provide the highest level of security and sustainability to decentralized apps. It has seen a growth of 1733.67% in a year as going from 5.6 rupees ($0.077) to 199.5 rupees ($2.73). It has a circulating supply of 3,195 Cr. and a cap of 3,62,643 Cr. Seeing on growth it can be a good buy. The current price is 116.28 rupees.

 

6. DOGECOIN (DOGE)

One of the most famous coins. The most controversial coin of the present time due to the influence of Billionaire Elon Musk. Critics say that he is the one who controls this coin but it was developed by Shibeetoshi Nakamoto in 2013. It is P2P open-source currency mainly used to reward people on Twitter and Reddit for sharing quality content. 

Unlike other Cryptocurrencies that are deflationary and have limited supply. Dogecoin is an inflationary coin because of its unlimited supply. In a year it has increased by 11841.4% from 0.18 rupee ($0.0025) to the highest at 58 rupees ($0.79). Now that is something which you can't see regularly. It is ranked # 6 having a cap of 3,11,651 Cr. and a supply of 12,997 Cr. The current price is  24.86 rupees.

 


7. RIPPLE (XRP)

It is Cryptocurrency used for making cross-border transactions simple and fast. Every transaction will take only 4 seconds - far quicker than most others. It has been ranked # 7 by having a market cap of 2, 94, 553 Cr. and a circulating supply of 4,619 Cr. It has gained a whopping 323.94% by going from 13.77 rupees ($0.19) to the highest at 159.63 rupees ($2.18). The current price is  66.58 rupees.

 


8. USD COIN (USDC)

USDC is a stable coin, pegged to the US dollar which means 1 USDC is equivalent to 1 USD. It is a digital dollar that represents government-issued money on the blockchain. USDC is issued by regulated financial institutions that hold the reserves backing USDC. It was launched in 2018 by joint Coin base and Circle. Its years highest is 138 rupees ($1.89) and the lowest to be 63 rupees ($0.86). Its market Cap is 1, 69,447 Cr. and supply of 2,320 Cr. The current price is  77.04 rupees.

 


9. POLKADOT (DOT)

Polkadot is an open-source, fully decentralized web that facilitates a space for independent blockchains to exchange information and transactions in a trustless way via the Polkadot relay chain. The DOT token acts as a governance token and can also be used for staking on the network. Standing on # 9 by having a market cap of 1, 57,543 Cr. and a supply of 95 Cr. It has gained by 615.35% by going from 244.35 rupees ($3.34) to 4038.71 rupees ($55.23) as the highest. The current price is 1,733.07 rupees.

 


10. UNISWAP (UNI)

It comes last on our list as it is the governance token for the Uniswap protocol, which is a highly decentralized financial infrastructure. Uniswap has launched UNI intending to enable shared community ownership to enhance the growth of protocol. It was created by Hayden Adams in 2018 and was developed on the ETH network. It has a market cap of 99,379 Cr. and a supply of 58 Cr. It went to its all-time highest at 3,611 rupees ($49.38) in April and lowest at 135 rupees ($1.89) and gaining a whopping 425.75%. The current price is 1,758.89 rupees.

 

That's a lot of information to get in 5 minutes but ya interesting ones will be your responsibility but take a back as to how'll you invest in it.

At present, many sites or apps allow you to invest in it just by a minimum of 100 rupees ( ) only which is super amazing. The apps are:-

  1. COINSWITCH KUBER
  2. BINANCE
  3. WAZIRX
  4. OCTAFX
  5. CRYPTO APP
  6. BINOMO
  7. COINBASE

These are some of the popular apps that are legal in India and it is super easy but here is a famous line that every investing apps or site says, "Investments are subject to market risks, and please read all documents carefully". Invest in your own risks as sometimes it can be beneficial and sometimes drastically drop is there and you lose all your money. Take action with utter knowledge.

So, readers, this series ends up here only and will see you all in the next interesting and little surprising topic that will blow up your mind and provide you exact and perfect knowledge. Do check other blogs too.


SIGNING OFF.

 


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