The highly volatile cryptocurrency market is growing exponentially throughout the global financial world with the integration of blockchain technology. Whether it be Bitcoin, Ethereum, or Ripple's XRP, these top crypto currencies are being slowly accepted as payment on online 'bridge' services like shopping.io, which enables purchases from sites such as Amazon or eBay. The increasing rate of welcoming new cryptocurrencies almost regularly is overwhelming for crypto investors. Top cryptocurrencies are still holding on to their positions among the thousands of other cryptocurrencies. But the problem with major cryptocurrencies like Bitcoin and Ethereum is their price, especially for Indian investors. This article features the top 10 best cryptocurrencies Indians can buy under INR100.
Price: INR73.83
Tether is one of the top crypto currencies providing stability to crypto investors in crypto wallets. It is popular for being pegged to fiat currencies and is supported by the US dollar. The main focus of this cryptocurrency is to offer a fixed-rate transaction to crypto investors in the volatile cryptocurrency market. It is one of the best crypto currencies Indians can buy for under INR100.
Price: INR75.74
USD Coin (USDC) is a type of cryptocurrency that is referred to as a stablecoin. You can always redeem 1 USD Coin for US$1.00, giving it a stable price. On Coinbase, eligible customers can earn rewards for every USD Coin they hold. Each USDC is backed by one dollar or asset with equivalent fair value, which is held in accounts with US-regulated financial institutions.
Price: INR60.05
XRP is one of the shiniest tokens sitting at the top of the altcoin pyramid and has shown an increase of 377% all around the year. Even though it is one of the few tokens that has seen massive growth rates, investors have high hopes for this cryptocurrency's future. It is one of the best cryptocurrencies Indians can buy for under INR100.
Price: INR84.37
Cardano is one of the cryptocurrencies that have been around for a long time and has built a big community. The cryptocurrency has been rising fast over the past few days after the market started surging. Apart from the surging price in the market, the upcoming developments are creating $ADA demand.
Price: INR11.43
Dogecoin is the first meme cryptocurrency that started with a joke that trended on the internet a long time back. After keeping a position of safety for some since its commencement in 2013, Dogecoin showed potential in 2020 when it was acknowledged as a payment model among sports teams and entered the AMC theaters. It is one of the best cryptocurrencies Indians can buy for under INR100.
Price: INR75.86
TerraUSD (UST) is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US Dollar. TerraUSD was created to deliver value to the Terra community and offer a scalable solution for DeFi amid severe scalability problems faced by other stablecoin leaders like Dai. Thus, TerraUSD promises users a higher level of scalability, interest rate accuracy, and interchain usage.
Price: INR75.82
Binance Coin is a well-known cryptocurrency among crypto investors to own one of the world's largest cryptocurrency exchanges. Crypto investors are aiming to invest in this cryptocurrency before it hits a bullish run because transaction fees can receive a discount. It is one of the best crypto currencies Indians can buy for under INR100.
Price: INR0.001872
The primary reason for Shiba Inu's price increase is its large community of followers. These investors have bought the cryptocurrency in droves, sending up its price. The more people invest, the higher its price climbs, and the more money these investors can potentially make.
Price: INR33.94
Cronos (CRO) is the native cryptocurrency token of Cronos Chain — a decentralized, open-source blockchain developed by the Crypto.com payment, trading, and financial services company. The CRO blockchain serves primarily as a vehicle that powers the Crypto.com Pay mobile payments app.
Price: INR75.88
DAI is an Ethereum-based stablecoin (stable-price cryptocurrency) whose issuance and development are managed by the Maker Protocol and the MakerDAO decentralized autonomous organization. The price of DAI is soft-pegged to the U.S. dollar and is collateralized by a mix of other crypto currencies that are deposited into smart-contract vaults every time a new DAI is minted.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.