Whenever you think about cryptocurrencies, the first thing that comes to your mind is Bitcoin and Ethereum. They are the top cryptocurrencies and are high in market cap as well. But there are more than 16000 plus other cryptocurrencies in the present crypto market. Sometimes the value of Bitcoin falls very drastically and still, several other cryptocurrencies are performing very well, even in this risky environment.
Cryptocurrency has high volatility and less liquidity and hence there are chances of both loss and profits as well. Some coins fell and some were raised in the past year. So, this is a market that needs a good study of the changes happening in the country. Those are the factors that affect the price of the cryptocurrency. If you can assess these points well, then you can make good profits. Also, it is important to choose the right cryptocurrencies to invest in. But it can be tough for you to decide which is the best crypto out of the thousands of options available. Here in this blog, we have discussed the five unstoppable crypto coins for you. You can start investing in them, right away at bitcoin buyer.
The first cryptocurrency on our list is Solana. It was launched in the year 2020 and soon after its launch, it has become very popular. Ethereum was formed for eliminating some of the issues faced by Bitcoin. But now Solana is solving a very major problem that is seen in both Ethereum and Bitcoin and that is the transaction fee. Yes, the transaction fee on the Ethereum platform is considered high, but with Solana, you don’t have that problem. It is very less compared to Ethereum. Its market cap may be low now, but it is growing very well.
When looking at how Cardano has performed in the last year, you can expect it to rise drastically in the coming years. It is one of the unstoppable cryptocurrencies in the future. The co-founder of Ethereum, Mr. Charles Hoskinson founded this coin and launched it in the year 2017. It is a very successful cryptocurrency since its launch. There is a hard cap on the supply of Cardano and it is limited to 45 billion. Almost 33.5 billion Cardano is already in use and hence 75 percent has been bought by crypto investors. The price of this crypto has raised well in the last year.
You must be surprised to see the name of Dogecoin in the list of five unstoppable crypto coins, but it is one of the best options. You should start investing in Dogecoin immediately. It was initially started as a joke as it was a meme-inspired coin. But now it is one of the top coins in terms of market cap. It can be one of the biggest reasons why you should start investing in it. Also, Elon Musk is a reason why many people show interest in it. If you are looking for a crypto that can offer you gains in a short period, then Dogecoin is a great choice.
Yearn. finance (YFI):
Not many people would have heard about Yearn. Finance, but this is one of the unstoppable coins. It is a highly volatile cryptocurrency and its market cap is $1.4 billion. In the last year, the price of this coin has fluctuated too much from $18,566 to $93435 as well. But now it is stable. While most of the cryptocurrency’s value fell at the end of 2021 and in January 2022, the price of Yearn. finance remained the same. The price increased greatly.
Another cryptocurrency that has a place in the top 15 crypto coins with the highest market cap is Polygon. It has a market cap of $17 million. It is surely an unstoppable cryptocurrency to gain profits. This coin works similarly to Yearn. finance, but with a slight change. It is trying to make scalable blockchains. Its market supply is limited to 10 billion and more than 70 percent of it is in circulation.
So, check out more details about these cryptocurrencies and start investing in them to make profits. This year was a good start for many cryptocurrencies.