CoinMarketCap has 5,788 cryptocurrencies already listed on its platform. Only 3.8% of the total has a market cap of $10 million and above. These are the top 200 coins in the crypto market today. Around 800 have a market cap above $1 million, making up around 7.5% of the market’s coins.
It is a crucial decision to choose a coin to invest in with a plethora of them. Though much focus has been on the dominant cryptos (BTC, ETH, XRP), new coins are aiming higher and will soon rise in popularity. Here are some of them that show great foreboding in the market today.
1. Gold Secured Currency (GSX)
GSX is also an invention of the Apollo Fintech, and its features never cease to impress. It will be the first quantum secured stable coin; meaning, with introduction of quantum technology, it will remain unaffected. It interlaces elements of a stable coin, a cryptocurrency, and investment coin.
Powered by the Apollo Blockchain, the rather new gold-backed stable coin has a pre-sale price of $0.046; however, the price will continue to increase as long as gold production is still ongoing. It has adapted technological factors of the blockchain including sustainability from sharding, security, speed, and more.
Besides the gold assets, GSX is backed by approximately 3,000+ acres of platinum and gold rich land in Zimbabwe. By 2021, GSX is aiming at a 500% surge. Moreover, 50% of the coins remaining after the CDE will be burned to sustain existing GSX.
The GSX coin owners receive dividends besides it being the first stable coin that increases with value invariably. Coin holders also receive full ownership rights for land rights, exclusive rights to refineries, mining equipment, and resources. It would be best to get the coin now on its pre-sale with up to 50% bonus at gsxcde.com.
2. Apollo Currency (APL)
Apollo Fintech is taking the reins in the fintech world, and Apollo currency is among its best innovations yet. The coin is the most feature-rich in the market, integrating all mainstream cryptocurrency properties into one. Anyone can create advanced tokens in seconds without complex code on its token system.
It is so far the world’s first blockchain to implement database level sharding with other technologies such as atomic swaps, adaptive forging, Apollo updater, node synchronization, and many more. Their wallets are also the first to be quantum resistant, facilitating private and public transactions at sub-seconds to 2 seconds per transaction.
The coin use cases transcend regular crypto uses penetrating to government and national bank levels. Soon, the currency will introduce the world’s first dApps with limitless storage. Safe to say, this is the most advanced coin and should be a consideration for you in terms of investment. You can get it from the best exchange for APL, BitMart, HitBTC, etc.
3. Cardano (ADA)
Cardano is on a lifelong journey to develop its blockchain for true decentralization, interoperability, staking, delegation, smart contracts, scalability, and governance. It is currently trading at $0.141425 with a market cap of $3,666,748,656.
The transition to Cardano Shelley’s hard fork has pushed its prices up with analysts expecting more. Shelley is the second phase of its roadmap, which will significantly improve its features. By 2021, there are hopes that the network will have a 2000% increase, hence, a viable way to invest your cash.
4. ChainLink (LINK)
LINK has a great run this year, reaching an all-time high of $8.800 and currently trading at $6.900. Its market cap stands at $2,415,968,039. Taking place in the top ten currencies is just the beginning of a great journey for the coin.
5. Terra Credit (CREDIT)
Terra Credit is a Proof of Stake platform with a price if $ 0.00002480 and a market cap of $ 528,174. The network runs on a fast blockchain protocol, which processes transactions in under 1 minute. There is little to no fees for sending money to users worldwide. Earning rewards is easier: the PoS system offers rewards when connected to the platform through cold staking.
Terra credit aims to become a platform for unbanked individuals with a virtual private wallet whereby users can maximize their earnings through block production. CREDIT will get to greater levels with the company’s plans for its adoption worldwide.
6. Aave (LEND)
Aave is a peer-to-peer lending platform on the Ethereum blockchain with a market cap of $317,436,149. Its native token, LEND, is trading at $0.244182 framed through the liquidity of the protocol. Since its launch at the beginning of the year, Aave has achieved great heights with a variety of partnerships.
The currency aims to provide low transactional costs for users. Furthermore, on Aave’s platform, you can interact with other coins such as BTC, ETH, and USDT. LEND will gain a higher price with time due to the burning of the tokens from transaction fees. You can earn more by acting as a defense against malicious borrowers.
7. VeChain (VET)
VeChain prides itself as a blockchain as a service platform and a solutions provider. The network is self-circulating and scalable through the decentralized system.
VET currently has a price of $0.015643 and a market cap of $867,454,560. It dedicates itself to providing supply chain solutions in businesses globally. So far, implementations in luxury goods, liquor, and agriculture, to mention but a few.
The integration of its blockchain with real-world uses is courtesy of its governance structure, robust economic model, and utilization of advanced IoT integration.
8. Monero (XMR)
Launched in 2014, Monero is a decentralized Proof of Work system with a market cap of $ 1,341,710,290 selling at $76. It provides you with the most secure platform to transact that uses advanced encryption equipment. Miners are responsible for providing the security required to prevent the risks of hacking or errors.
In the PoW algorithm, you can achieve XMR coins with the help of computerized protocols that solve complex mathematical problems. Everyone can contribute to the development program and the information displayed to the public. Monero XMR is acceptable to various business merchants as a mode of payment since it is a currency.
9. Tezos (XTZ)
Tezos is a decentralized blockchain network supported by validators and developers. Tezos currently trades at $ 2.74 with a market cap of $ 2,032,636856. Affordable staking is available for users depending on their limits. Delegation of awards is also possible and receive awards after approximately 20 days. It deploys a liquidated Proof of Stake system whereby you can delegate tokens to validators, or you can simply become a block validator.
Through the liquidated PoS system, users also have an opportunity to govern and make amendments to the system. Tezos is less prone to attacks by cybercriminals because of its smart contract protocol, which is valid and secure.
Kava is a decentralized DeFi platform supported by staking tokens and digital asset collaterals. The ecosystem facilitates swap of cryptocurrencies in various blockchains using a unique feature called Switch. Here, you can take part in the validation and governance of the system.
Cryptocurrencies prove that investment should not have limits due to geographical boundaries. Thus, more companies are pushing towards experimentation with new coins in the market for better use cases if not all-inclusive.
Now, investing is a click away with the above cryptos supported on different exchanges besides their own. Furthermore, they offer users with an in-built wallet for the safekeeping of your digital assets.
The community contribution and external partnerships ensure that the networks run through an excellent infrastructure devoid of security and operational issues. Overall, these coins hold a future brighter for their advancements and improved user experience.