Cryptocurrencies are digital assets that are competing with the likes of gold and silver. From seasoned investors to novice investors, the crypto market is attracting everyone with all the headlines and growth potential. Even if many governments and countries are not accepting cryptocurrencies as legal tender yet, citizens across the world are eyeing cryptocurrencies as a viable investment choice.
If you are planning to make smart crypto investments for future profits, here are the top cryptocurrencies for the day as per their 24-hour trading volumes. To make your crypto journey easy, here is a thorough guide that will help you.
24-hour volume: US$89 Billion
Tether was launched in 2014 and its price is fixed to the US dollar. It's the third-largest cryptocurrency on the basis of its market cap, which is US$62 Billion. One of the big crypto players, it saw a 24-hour trade volume of US$89,698,941,215.
24-hour volume: US$53 Billion
Synonymous with the word cryptocurrency, Bitcoin is the most popular and the biggest crypto coin in the market. It holds the most growth potential as it holds 40% of the total crypto market cap which amounts to US$618 billion. Bitcoin's price today is US$37,103
24-hour volume: US$34 Billion
As per the market cap, Ethereum comes second to Bitcoin at US$286 billion. According to the 24-hour trade volume, Ethereum again comes after Bitcoin with a reported volume of US$34,769,199,423. Ethereum's price today is US$2,571
24-hour volume: US$7 Billion
Coin Controller Cash is a token issued by Singapore KolinFoundation Ltd. Launched in 2018, it saw the fourth-highest 24-hour trade volume at US$7,227,202,942. According to the market predictions, this crypto coin's price is expected to grow from US$0.0004 to US$0.00018658 by 2022.
24-hour volume: US$5 Billion
This lesser-known cryptocurrency has been trading in high volumes. The past 24-hour reported volume is US$5,908,300,766, 15.33% less than its previous recorded history. Hamebi Token's last trading price was US$0.000248.
24-hour volume: US$5 Billion
Binance USD is a stable coin issued by Binance. Its value is pegged to the US dollar. It witnessed a 24-hour volume of US$5,692,288,060, a 0.04% dip. With a market cap of US$9.42 billion, Binance USD is one of the most reliable stable coins.
24-hour volume: US$4 Billion
Slightly different from Ethereum, Ethereum classic is a hard fork of Ethereum. Its main function is to enable smart contracts with the capabilities to host and support DApps. The price today is US$60.13 with a 24-hour trading volume of US$4,058, 355,409, up by 13%.
24-hour volume: US$3 Billion
XRP has a utility factor that makes this cryptocurrency stand out from the rest. It's the fastest digital asset, with low exchange costs and faster payment settlements. Owing to these reasons, it is one of the top crypto coins. XRP saw a 6% increase in its 24-hour trade volume that amounted to US$3,913,232,708. XRP's price today is US$0.89.
24-hour volume: US$3 Billion
SoPay is another cryptocurrency that works on the Ethereum platform. It currently has 4 billion coins in circulation with a diluted market cap of US$238,935. Over the past 24-hours, SoPay saw a 13% dip in its trading volume which now is US$3,848,120,370. SoPay's price today is US$0.00007.
24-hour volume: US$3 Billion
Binance Coin was launched in 2017 and saw its peak shortly. Associated with one of the largest cryptocurrencies in the world Binance, this cryptocurrency shows consistent performance despite volatility making it a smart investment choice. It's reported 24-hour trade volume is US$3,328,206,854 with an 8% increase. Binance Coin's price today is US$370.544.
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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.