Top Cryptocurrency to Buy For Christmas This Year

As the year ends, several investors might be thinking of the cryptocurrency to buy for Christmas. To help you make wise investment decisions, we will be exploring 5 top cryptocurrency with huge growth potential and strong value propositions.

1.StakeMoon (SMOON)

Stakemoon has been one of the standout stars despite only launching in early November of this year. The decentralised platform aims to reward long-term holders while penalising arbitrage traders.

This policy sees all short-term withdrawals from the platform taxed 15% and split between current SMOON holders and the liquidity pool. 10% is allotted to existing StakeMoon token holders, while the remaining 5% is earmarked for the Stakemoon liquidity pool.

Besides this, StakeMoon also runs a staking service where SMOON holders pledge their tokens to secure the network. In return, stakers are rewarded with newly minted SMOON tokens which they can withdraw at any time.

Stakemoon’s rapid growth is underlined by an ambitious roadmap that has already seen the BEP-20 token listed on the popular decentralised exchange (DEX) platform PancakeSwap.

Alongside this, StakeMoon will also launch on centralised crypto exchange BitMart in Q2 2022 with an official listing on CoinGecko and Coinmarketcap in the same period.

At press time, SMOON is trading at $0.0063, up 21.05% in the last 24 hours. The token’s low price gives you more purchasing power as new listings are expected to increase the value in the coming year.

This projection provides more room for potential growth and makes SMOON a top cryptocurrency to buy for Christmas for massive gains. Visit the Stakecoins.com site to learn more or you can purchase the token on Pancakeswap.

2. DeFi Coin (DEFC)

DeFi Coin is another cryptocurrency to buy for Christmas for massive gains. This is because DeFi Coin is looking to engender the adoption of decentralised finance (DeFi). The project already operates a top decentralised exchange (DEX) platform called DeFi Swap, where users can easily swap tokens without the interference of a third party.

DeFi Coin’s appeal largely lies in the project’s value proposition, including a static rewards system, automatic liquidity pools, and manual burning strategy.

Much like StakeMoon, DeFi Coin tends to reward long-term holders while penalising day traders. Transactions are taxed heavily at 10%, with 5% shared among pre-existing DEFC token holders while the remaining 5% is sent to liquidity pools of the DEX platform.

DeFi Coin has surged in value since launching in the second part of this year with major listings on crypto aggregator websites like CoinGecko and DEX platform PancakeSwap. At press time, DEFC is trading at $0.474017, up 16.7% in the last 24 hours.

If you are interested in getting a fair amount of DEFC tokens, you can head over to https://deficoins.io or purchase it on BitMart.

3. Solana (SOL)

Solana has the same goal as the Ethereum network, which engenders a whole new ecosystem of decentralised finance (DeFi) services. The protocol is an open-sourced programming platform that enables development of decentralised applications (dApps) in a highly scalable, low-cost, and sustainable environment.

This high-performance project has been the darling of many DeFi-facing projects and users alike due to its standard fee of $0.025 for completing transactions on the network.

Also, Solana is one of the fastest blockchain ecosystems around has seen several projects deploying on the network. The asset has since surged both in value and the global crypto ranks, with the Ethereum rival currently occupying the fifth spot on the most valuable crypto assets by market cap.

Price-wise, Solana has benefited from its core attributes and momentarily traded over $250 during Bitcoin’s rally to a new all-time high (ATH) of $69.044.77 in mid-November.

Solana’s governance token SOL is picking up the gains after dipping in price at the moment of writing. SOL is trading at $227.81 up 2.26% on the daily trading chart.

Solana’s growing influence in the DeFi race has seen advocates earmark the blockchain as a worthy successor to the Ethereum network. This estimate shows that SOL is a cryptocurrency to buy for Christmas.

4. Cardano (ADA)

Another Ethereum rival, Cardano, is another top cryptocurrency to buy for Christmas. Although currently under development, the Cardano network is a peer-reviewed blockchain network that seeks to enable a faster and more scalable blockchain protocol. Cardano bills itself as a third-generation protocol and uses a proof-of-stake (PoS) protocol called Ouroboros.

While its transaction per second (TPS) is still largely unknown, the Cardano network has been a highly scalable platform. Alongside this, the PoS protocol is said to be 1 million times more energy-efficient than the foremost blockchain network, Bitcoin.

Following a scientific template, Cardano offers some of the following unique benefits:

• Validators get to validate transactions based on epochs or timeframes.
• Each validator selection is randomised, making it difficult for one validator to shore up a significant share of
• the block rewards.
• Like most PoS protocols, ADA serves as the governance tokens and the settlement template for network fees.
• ADA is capped at 33.7 billion tokens.
• While public transactions are not yet running on the blockchain, the Cardano network is focused on offering
• low fees for transacting on the network.

5. Avalanche (AVAX)

Avalanche blockchain has been a revelation this past three months and deserves mention on the list of cryptocurrency to buy for Christmas. The Avalanche network bills itself as the fastest blockchain in the crypto ecosystem based on block time-to-finality ratio.

The asset is a smart contract-enabled, permissionless protocol that enables the building of dApps and minting of non-fungible tokens (NFTs) at a fraction of the cost users pay on the Ethereum network.

Price-wise, Avalanche has been on a tear this year as the Ethereum competitor surged to an ATH of $146.22 while recording a 3,117.98% in the last 12 months.

Avalanche’s meteoric rise has principally been due to low costs and high throughputs. Besides both, the Avalanche blockchain offers the following benefits:

• The AVAX token has a capped supply limit of only 720 million tokens.
• Validators are incentivised to secure the network based on the proportion of their staked value.
• The AVAX also serves as a governance token besides network fees.
• Fees are burned, thereby increasing the scarcity of the digital asset.

Read more: 

• Where to Buy Cardano (ADA)
• Where to Buy Solana (SOL)