Join Our Telegram channel to stay up to date on breaking news coverage
Since reaching their all-time highs in November 2021, Bitcoin and the larger crypto market have been on a downward trend, and the stock market has also been bearish since 2022.
Many investors contend that now is a good time to acquire cryptos with sound fundamentals at low prices and to follow the trading mantra of “buy low, sell high.” In this market insight, we examine the top cryptocurrencies to purchase which might have high upside potential.
Top 5 Cryptos to Buy Today – RVN, APE and others
1. Ravencoin (RVN)
Ravencoin is a blockchain-based digital peer-to-peer (P2P) network. It’s specifically designed to handle the transfer of assets from one party to another in an efficient manner.
The goal of Ravencoin is to address the issue of asset exchange and transfer through blockchains. Previously, when an individual created an asset on Bitcoin blockchain, it could be destroyed by accident whenever someone traded with the same coins with which it was created.
To create token assets on the Ravenchain, RVN coins must be burned because they are intended to serve as the network’s internal currency. Assets may be anything, including virtual goods and objects, shares in a project like, real-world custodial items like gold or actual euros, equities and securities, airline miles, a person’s hourly wage, and more.
Ravencoin is now trading at $0.044 with a 24-hour trading volume of $123M. In the last 24 hours, it has gained 22.77 percent. Its live market cap is $459M. It has a circulating supply of 10B RVN coins and a maximum supply of 21B RVN coins.
Your Capital is at Risk.
2. OKB (OKB)
OKB is a cryptocurrency launched by the Blockchain Foundation and the Maltese cryptocurrency exchange, OKEx. It is one of the biggest exchanges in the world. It offers various trading pairs and is presently ranked third in liquidity and fourth in trading volume.
Although there are some significant distinctions, OKEx and the dominant cryptocurrency exchange Binance are similar in many ways. The company’s options trading services are more focused, and the OKEx platform includes its own cloud mining service. In the meanwhile, Binance aims to provide a wide range of cryptocurrency services on a global scale.
OKB is now trading at $16.45, with a 24-hour trading volume of $61M. In the last 24 hours, it has gained 19.16 percent. Its live market cap is $990M. It has a circulating supply of 60M OKB coins. The info regarding the maximum supply OKB coins is not available on Coinmarketcap.
Buy OKB Now
Your Capital is at Risk.
3. ApeCoin (APE)
ApeCoin is the APE Ecosystem’s governance token. It allows users to invest in a decentralized, open and shared currency in the ApeCoin DA platform. 62% of all ApeCoin was given to the Ecosystem Fund, which will support neighbourhood-based initiatives as selected by ApeCoin DAO members.
Additionally, ApeCoin grants access to exclusive services and games in addition to other parts of the Ecosystem that are not normally accessible. By incorporating ApeCoin into services, games, and other projects, third-party developers may participate in the ecosystem.
ApeCoin is a decentralised project inspired by The Bored Ape Yacht Club. APE Foundation, which funds the APE Ecosystem also funds for ApeCoin. To build and sustain the APE Ecosystem in a just and equitable manner, the ApeCoin DAO offers a framework for ApeCoin holders to interact through open and permissionless governance methods.
ApeCoin is now trading at $5.22, with a 24-hour trading volume of $293M. In the last 24 hours, it has gained 16.05 percent. Its live market cap is $488M. It has a circulating supply of 308M APE coins and a maximum supply of 1 billion APE coins.
Your Capital is at Risk.
4. Arweave (AR)
Arweave was established by Sam Williams and William Jones who were at that time Ph.D. candidates at University of Kent. As part of his studies, Williams created an operating system dubbed HydrOS. While Jones’ focus was on graph theory and neural networking, whereas Williams brought experience with decentralised and distributed systems to the project.
To accomplish this, Arweave’s flagship permaweb is constructed on top of its “blockweave,” a kind of blockchain technology in which each block is connected to both the block that came before it and a random older block. According to Arweave, this encourages miners to keep more data because they must be able to retrieve previous blocks in order to contribute new ones and receive rewards. This ensures the “collective ability to store and share information between individuals and across time to new generations.”
Arweave is committed to creating an ecosystem for networks that is sustainable. Additionally, it runs incubators to encourage the development of permaweb-based applications, and in June 2020, it introduced “profit sharing tokens” that let developers get paid when their application generates network transaction fees. Through its “Boost” initiative, the project also works with startups, giving them access to the Arweave team and business investors as well as free storage.
Arweave is now trading at $11.26, with a 24-hour trading volume of $30M. In the last 24 hours, it has gained 15.14 percent. Its live market cap is $373M. It has a circulating supply of 33 Million AR coins and a maximum supply of 66M AR coins.
Your Capital is at Risk.
5. Chainlink (LINK)
Chainlink is a decentralised oracle networks that offer tamper-proof inputs, outputs, and calculations in order to support advanced smart contracts on any blockchain. The Chainlink Network is powered by a substantial open-source community of data providers, security auditors, smart contract developers, node operators, researchers, and others. The platform is devoted to guaranteeing decentralised participation for all node operators and users that wish to contribute to the network.
Chainlink is now trading at $7.99, with a 24-hour trading volume of $640M. In the last 24 hours, it has gained 11.48 percent. Its live market cap is $488M. It has a circulating supply of 491M LINK coins and a maximum supply of 1B LINK coins.
Your Capital is at Risk.
Where to Buy the Top Cryptos?
Most people invest in the most well-known currencies, such Bitcoin, Ethereum, Bitcoin Cash, or Ripple, out of the hundreds of crypto assets that are available online.
If you wish to invest in other cryptos, it’s better to check their details on platforms such as Coinmarketcap, eToro and others. After that you can proceed to buying them on platforms such as BitStamp, eToro, Huobi and so on.
eToro
All the major cryptocurrencies currently traded on the market are available on eToro. The top cryptocurrency currencies on their website have a minimum trading size of just $10. Due to eToro’s SEC approval and FINRA registration, you don’t need to worry about the security of your money.
The benefits of eToro-
- The eToro team’s managed cryptocurrency portfolios are all open for investment.
- All you need is $10 in order to start investing through eToro.
Update 2024 – Going forward, the only cryptocurrencies eToro customers in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum.
Other than the above, we suggest checking out projects such as Tamadoge and Battle Infinity. They offer unique use cases and come with solid fundamentals. You can read about them here – Battle Infinity – Tamadoge.
Read More
Join Our Telegram channel to stay up to date on breaking news coverage
