The global crypto market capitalisation is something that has captivated many. Additionally, what cannot go out of notice is that this magical world of cryptocurrencies has been growing beyond one's imagination. Higher returns, exponential growth and portfolio diversification are a few of the many reasons why investors have shown an inclination towards cryptocurrency investment. On that note, if you have are looking for the top 10 cryptocurrencies to gift this December holiday season then you are in the right place. Read on to find out the best cryptocurrencies that are totally worth investing.
Bitcoin has been in the market for the longest time now. With Bitcoin's market cap and volume that's much higher than any other investment options, investors are naturally attracted towards it. Bitcoin is widely accepted as payment as well, thereby attracting corporate investors from every corner of the world.
Ethereum has gained popularity by not just being the second-highest cryptocurrency by market capitalization but also as an Ethereum network that allows developers to create their own cryptocurrency. Though this cryptocurrency came years after Bitcoin, its dominance and uniqueness grabbed eyeballs.
What can get better than investing in a cryptocurrency that is packed with advantages including less energy consumption, faster and cheaper processing? Well, these are the features exhibited by Cardano. Claiming to be more adaptable and secure, Cardano has definitely excelled at winning the trust of the investors.
What sets Polkadot different from the rest of the cryptocurrencies is the fact that instead of having a single "lane" to complete transactions in, it has several. The main idea of launching this cryptocurrency was to reward genuine investors and remove people who are just trading on the stock market to make money fast.
Tether is a go-to cryptocurrency for all those investors who are looking for a safe investment in the cryptocurrency market. It is considered to be the best investment option for the ones who aren't willing to take much risk considering how volatile the cryptocurrency market is.
Binance coin is one of those cryptocurrencies that has shown steady growth for quite some time now. It is because of this why it is considered to be one of the more stable investment options, posing fewer risks.
Chainlink's value has seen a significant increase in its value thereby opening doors for growth in the coming days. Also, Chainlink has served to be one of the most easily accessible cryptocurrencies. This is yet another reason as to why the investors are inclined towards the same.
Litecoin grabbed attention from every corner of the world by being the first cryptocurrency to complete a Lightning Network transaction that merely took a second to complete. This cryptocurrency boasts of completing the transactions faster than Bitcoin which is why this making it to the list of the top cryptocurrencies doesn't seem to surprise anyone.
Ripple, a company that unveiled the XRP token, came into the limelight by offering the completion of the international transaction in a matter of a few seconds. Also, how can one not talk about Ripple's contracts with big banks around the world? This ultimately throws light on how good of an investment option it is.
Stellar is that one cryptocurrency that has evolved to serve as a bridge between banks and blockchain networks. In addition to its ability to convert any currency and trade it across channels, it also makes these transactions cheaper and faster.
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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.