Cryptocurrency has caught everyone's interest after the recent market crash. As the fall in prices has opened new avenues for budding investors, top cryptocurrencies are undergoing price recovery. If you are looking to start your cryptocurrency investments, diversify your portfolios by keeping an eye out for these best cryptocurrencies with the highest 24-hour trading volume.
24-hour volume: US$90.36B
Unlike traditional cryptocurrencies, Tether is backed by the U.S dollar. Being a stable coin, Tether has a 1:1 relationship with the USD, which results in negligible price fluctuation.
Tether price today: US$1
24-hour volume: US$40.10B
The most valued crypto coin and synonymous with the term cryptocurrency, Bitcoin touched its highest price point of US$60,000 in April 2021. Owing to the recent crypto market crash, the price of one Bitcoin came down by 50% and it is now under correction. This did not stop investors from trading and investing in Bitcoins, which makes this one of the most trusted cryptos in the market.
Bitcoin price today: US$36,716.83
24-hour volume: US$28.81B
Second to Bitcoin, Etherum continues to surge above its 50-day moving average. With a market cap of more than US$250B. During the crypto market crash, Ethereum saw its price slashed to half, from an all-time high of US$4,400 to US$2,400. This fall encouraged a lot of investors to diversify their portfolios with Ether.
Ethereum price today: US$2,534.80
24-hour volume: US$5.28B
EOS reached the US$4.60 mark and asserted a strong increase to above US$5.50. The price even surged above US$8.50 to extend its rally. Overall, EOS is showing a promising growth potential to investors who have an eye on this affordable crypto.
EOS price today: US$6.21
24-hour volume: US$4.64B
After the market crash, two main reasons to buy Ripple is the fact that it is trusted by multiple financial institutions and aims at simplifying payments. It's also one of the most affordable cryptos that shows growth potential after reaching its all-time high of US$3.10.
Ripple price today: US$0.8917
24-hour volume: US$4.08B
Matic or Polygon saw the effects of the crypto market crash when the price crashed from US$2.45 to US$1.38. However, it has joined the market correction bandwagon and is seeing positive price spikes.
Polygon price today: US$1.86
24-hour volume: US$3.72B
Making its place in almost every top five list, Cardano is an investor favorite, right after Bitcoin, Ethereum, and Binance. It has a market cap of US$27.23B which is better resistant to fluctuation than most other cryptocurrencies.
Cardano price today: US$1.55
24-hour volume: US$3.69B
After losing nearly 50% of its value in the market crash, Litecoin is picking up, slowly but surely. One of the most trusted altcoins in the market, Litecoin has a market cap of US$13.74 billion. According to crypto market experts, Litecoin is expected to reach the US$220 mark with a potentially stronger buyer activity.
Litecoin price today: US$180.04
24-hour volume: US$3.41B
Rated among the top five cryptocurrencies in the market, Binance coin faced rejection during the market crash. Nevertheless, the trust among investors did not fade one bit as it is backed by one of the biggest cryptocurrency exchanges, Binance. Soon after the dip, Binance coin saw an influx of buyers that is helping this crypto coin regain its value.
Binance Coin price today: US$339.99
24-hour volume: US$3.32B
Though it shares the name Bitcoin, Bitcoin Cash is an independent cryptocurrency. In 2018, Bitcoin Cash reached a high of US$4,000 which later only stabled at US$400. Just when the value increased to US$1,500, the market crash got the price down, opening a window for investors.
Bitcoin Cash price today: US$629.96
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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.