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There is always something or the other making headlines in the cryptocurrency space these days. Whether it be Bitcoin, Ethereum, Tether or Dogecoin, these top cryptocurrencies have been taking over the crypto market in recent times. There are many cryptocurrencies in the market but finding the best cryptos out of them is a big task, right? To help you with this, here are the top 10 cryptocurrencies 2021 that have the potential to succeed in October. Let's see what those top 10 cryptocurrencies are.
Market Cap: US$1.23 Trillion
Inventing Bitcoin in 2009 has changed things year by year and opened new opportunities to all sorts of variations and acceleration of the technology. Like other top cryptocurrencies, BTC runs on a blockchain, or a ledger logging transaction distributed across the network. Bitcoin price has reached a peak of more than US$66,000 when it was just US$500 five years ago. For this very reason, it tops the list of the top 10 cryptocurrencies in the crypto market becoming the best crypto to invest in 2021.
Market Cap: US$492.68 Billion
Even though Bitcoin tops the list, Ethereum has also been emerging as one of the top cryptocurrencies as its market shares have been growing at a higher rate day by day. The DeFi or Decentralized Finance has the digital currency slowly chipping away at the shares of Bitcoin of the overall crypto market. It has applications such as smart contracts that can execute when met and also the non-fungible tokens or NFTs. It has also witnessed about 27000% of growth over the years when compared to today's ETH price. ETH is one of the top 10 cryptocurrencies to invest in in 2021.
Market Cap: US$82.66 Billion
Binance Coin is a kind of cryptocurrency that can also be used to pay fees on Binance which is the biggest crypto market exchange across the globe. Even though it was launched in 2017, it has picked up to be one of the top 10 cryptocurrencies in the world. And while taking the currency scenario, it can be used for trading, payment processing, or even for booking travel plans. The other exciting thing about the BNB is that it can also be exchanged or traded for other cryptocurrencies such as BTC or ETH, making it one of the best crypto to invest in.
Market Cap: US$73.56 Billion
Cardano entered the crypto market a bit later, but the cryptocurrency has made its mark for its proof-of-stake validation. This is a method where the transaction time is decreased and also the energy consumed is reduced. The amazing thing about ADA is that it works like ETH to enable smart contracts and DeFi applications too. This is why Cardano is one of the top 10 cryptocurrencies to invest in this October.
Market Cap: US$69.05 Billion
Unlike the other top cryptocurrencies, Tether is a stablecoin and is backed by fiat currencies like U.S. dollars and euros. And this also means that the value of USDT is more consistent than the other cryptocurrencies, it will neither rise nor decrease. So, if you are looking to invest in something that has no volatility then, Tether is the perfect choice for you! Because of this advantage, it is one of the top 10 cryptocurrencies and the best crypto buy now.
Market Cap: US$55.35 Billion
Solana is a cryptocurrency that was designed to help DeFi apps and DeFi along with smart contracts. The best thing is that it runs on a unique hybrid proof-of-history and proof-of-stake mechanism that can safely make transactions. Even though it was launched in the year 2020, it has achieved about 18,000% growth since then. This is why it also makes to the list of top 10 cryptocurrencies to buy now.
Market Cap: US$53.65 Billion
XRP was created by the founders of Ripple. When talking about Ripple, it is a digital technology and also a payment processing company and what XRP does is that it can be used on that network to permit exchanges of all top cryptocurrencies along with fiat currencies too. This makes the XRP one of the top 10 cryptocurrencies to invest in and is also one of the best cryptos in the market now.
Market Cap: US$43.32 Billion
As most of the cryptocurrencies use many blockchains, what Polkadot does is, aims to join them by creating a cryptocurrency space that can connect various blockchains and work-integrated. With this unique quality, Polkadot is one of the best cryptos that tops the list of top 10 cryptocurrencies to invest in now.
Market Cap: US$33.25 Billion
Dogecoin has been making headlines most of the time these days, all thanks to Elon Musk for it. Even though it started as a joke initially, it has picked up demand in recent times with most of the big celebrities reinforcing it. Unlike the top cryptocurrencies, DOGE has no limit on the number of coins that can be created. For this demand and popularity, Dogecoin makes it to the list of top 10 cryptocurrencies to buy and invest in now.
Market Cap: US$32.41 Billion
As Tether, USD Coin is also a stablecoin that is also backed by the U.S. dollar and aims for a 1 USD to 1 USDC ratio. And this cryptocurrency is strengthened by Ethreuem to make global transactions making it to the list of the top 10 cryptocurrencies to buy this October.
Hope this article on the top 10 cryptocurrencies benefits all the investors looking for the best cryptos and who want to invest in the top 10 cryptocurrencies!
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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.
