From Bitcoin and Ethereum or Dogecoin and Tether there are thousands of different cryptocurrencies which can make it overwhelming when you are first getting started in the world of crypto.
Best Cryptocurrency
The cryptocurrency market is known for its volatility and unpredictability, but it has also generated incredible gains for long term investors. Crypto bulls believe in the sky’s the limit for crypto prices.
Though thousands of cryptocurrencies are available, bitcoin and ethereum still dominate the crypto world. Their market capitalizations comprise about 72% of the $2.53 trillion global crypto market.
Each cryptocurrency with its own unique value proposition and the potential for significant returns. With so many options available to selecting the right cryptocurrencies can significantly impact your investment journey.
List of Best Cryptocurrency
Dogecoin went through some wild swings over the past three years, cryptocurrency was launched in 2013 as a parody of Bitcoin named after the Shiba Inu dog meme. It was only worth $0.01 at the beginning and now it had soared to a record high of $0.73.
To help you get your bearings, these are the top 10 cryptocurrencies to invest in based on their market capitalization or the total value of all coins currently in circulation.
| Coin | Market Capitalization | Current Price |
| Bitcoin (BTC) | $1.4 trillion | $69,901 |
| Ethereum (ETH) | $454.4 billion | $3,752 |
| Tether (USTD) | $111.3 billion | $0.999972 |
| Binance Coin (BNB) | $90.3 billion | $624.29 |
| Solana (SOL) | $80.8 billion | $181.83 |
| U.S. Dollar Coin (USDC) | $33.2 billion | $0.999995 |
| Ripple (XRP) | $30.0 billion | $0.543 |
| Dogecoin (DOGE) | $24.1 billion | $0.17 |
| Toncoin (TON) | $22.2 billion | $6.67 |
| Cardano (ADA) | $17.8 billion | $0.47 |
Best Cryptocurrency Growth Prediction
There are the prediction of Cryptocurrencies growth in June 2024:
- Bitcoin’s price has skyrocketed as it’s become the household name. In May you should buy one bitcoin for about $500 but as of June 2024 a single bitcoin’s price was around $71,033. That’s a growth of 14,107%.
- Ethereum has also experienced tremendous growth, from April to the end of June 2024 its price is expected to go from about $11 to around $3,833, increasing from 34,742%.
- The Tether’s value is supposed to be more consistent than other cryptocurrencies and it’s favoured by the investors who are wary of the extreme volatility of other coins.
- Binanace Coin price was just $0.10 but by late June 2024, its price had risen to around $709 a gain of 709,093%.
- Solana prices started at $0.77, but by late June 2024, its price was around $172.78 and increased by 22,340%.
- Similar to the Tether, US Dollar Coin is a stablecoin meaning it’s backed by the U.S. dollars and aims for a 1 USD to 1 USD ratio. USDC is powered by Ethereum, you can use USD Coin to complete a global transaction.
- At the beginning of the Ripple XRP was $0.006, as expected in June 2024, its price reached $0.53 equal to a rise of 8,661%.
- Dogecoin’s price was $0.0002, but by June 2024, its price will be up to 81,159%.
- Toncoin, first known as Gram is the native token for the TON, it is an application that allows users to buy, send and store funds on TONs it is expected to be an incredibly fast, environmentally friendly network.
- Cardano ADA token has relatively modest growth compared to other major crypto coins, ADA price was $0.02, but as of June 2024 its price will be $0.46, increased by 2,193%.
How to Buy Best Cryptocurrency?
You can buy cryptocurrency using crypto exchange or through certain broker- dealers. Once you own it, you can store, manage and even buy or sell your crypto in a wallet. The first step to buy cryptocurrency is identifying a broker or an exchange offering crypto trading.
Popular crypto brokers include Robinhood and SoFi. Leading cryptocurrency exchanges include Coinbase and Finance. There are steps to buy a Cryptocurrencies:
- To buy cryptocurrency you have to pick a broker or cryptocurrency exchange.
- Once you decide on a cryptocurrency broker or exchange, you can sign to open an account.
- Then you may have to verify your identity.
- You may be able to buy or sell cryptocurrency once you complete the verification process.
- You must ensure that you have funds in your account.
- You might deposit money into your crypto account by linking your bank account and paying with a debit card.
- Once money is in your account, then you are ready to place your first cryptocurrency order.
- After choosing which cryptocurrency to purchase you can enter its ticker symbol.
- Then leave the crypto on the exchange.
- Now you have to logout your account.