The digital currency boom started in 2015 when Ethereum raised $18 with its ICO (Initial Coin offering) and in 2017 when Bitcoin surged over 1000%, making crypto a subject of public attention. Cryptocurrencies are here to stay. They are prone to inflation and have good passive income. You must know the top 10 cryptocurrency to invest in today.
You may want to invest in cryptocurrency given its overnight success rate but don’t know where to begin from. No worries. We have the top 10 cryptocurrency that is well-performing this year based on Coinmarketcap’s data.
Let us dive in.
Top 10 Cryptocurrency As Per Market Data
10. STEPN – $2.21
STEPN is a gamification metaverse coin based on a Web3 application. The STEPN game rewards its users with NFT sneakers with an interactive gaming design. Considering the potential that metaverse is about to bring, STEPN is a good option.
Coin’s position in Coinmarketcap: The STEPN is ranked at 76 positions
Market capitalization: $1,310,470,100
Total Supply: 600,000,000 GMT coins as of April 6, 2022.
9. Shiba INU – $0.00002471
Shiba INU is a ‘dog meme coin’ cryptocurrency with millions of investments. The meme coin supports dog artists worldwide to become a part of the Shiba INU movement. What makes Shiba INU a worthwhile investment in 2022? ETH wallet data tells us that the coin owns 20% of the overall market share in ERC-20 tokens.
Coin’s position in Coinmarketcap: Ranked 15th on Coinmarketcap
Market capitalization: $14.399 billion
Total Supply: 1,872,148,352 coins
8. DAO Maker – $2.58
DAO maker is one of a kind, multi-investment platform among the top 10 cryptocurrency to watch in 2022. DAO allows startups to invest risk-free DAO venture yields and leverage on passive income.
Coin’s position in Coinmarketcap: Ranked at 282 Coinmarketcap
Market capitalization: 69,935,237 DAO coins
Total Supply: Market cap of $180,144,928
7. UNI – $10.21
UNI is a native token by UniSwap, an AMM and one of the largest AMM in the crypto world. The UNI token is accessible and easy to trade, with numerous liquidity pools facilitating easy trades. It’s one of the top 10 cryptocurrency because of UniSwap’s credibility. The coin may never fall.
Coin’s position in Coinmarketcap: Ranked at 24th on Coinmarketcap
Market capitalization: $7,033,949,613
Total Supply: 688,934,221 UNI coins
6. PancakeSwap – $8.43
PancakeSwap is an AMM and a DeFi. It’s backed by Binance smart chain and provides passive earning opportunities to traders by earning fees through liquidity.
Coin’s position in Coinmarketcap: Ranked at 51th on Coinmarketcap
Market capitalization: $2,389,396,520
Total Supply: 281,364,767 CAKE coins
5. Curve DAO – $2.56
The Curve is yet another DeFi and AMM for stablecoins in top 10 cryptocurrency. You can earn by providing liquidity and making trading fees passively.
Coin’s position in Coinmarketcap: Ranked at 79th on Coinmarketcap
Market capitalization: $1,195,758,958
Total Supply: 470,202,368 CRV coins
4. Axie Infinity – $56.19
Axie Infinity is a metaverse battling game that gives its holders partial governance rights. Users can collect, breed and trade, and battle with axies as rare and unique NFTs.
Coin’s position in Coinmarketcap: Ranked at 41th on Coinmarketcap
Market capitalization: $3,411,242,096
Total Supply: 60,907,500 AXS coins
3. USDC – $0.9998
USD coin makes things easy for traders by allowing them to withdraw 1 USDC and receive $1 in exchange. USDC has cash held in reserve and guarantees that it corresponds to the number of items in distribution.
Coin’s position in Coinmarketcap: Ranked at 5th on Coinmarketcap
Market capitalization: $51,396,478,128
Total Supply: 51,407,127,019 USDC coins
2. AAVE – $198
AAVE has made lending and borrowing crypto easier for everyone. There are special liquidity pools for lenders where they deposit collateral cryptos to withdraw desired loan amounts. Lenders must reimburse the flash loans within the same transaction amount.
AAVE is not an underdog anymore. Today it’s shining bright, giving tough competition to emerging, top 10 cryptocurrency.
Coin’s position in Coinmarketcap: Ranked at 48th on Coinmarketcap
Market capitalization: $2,703,398,982
Total Supply: 13,676,632 AAVE coins
1. Ether – $3,235.16
Ether is a native token of Ethereum, a DeFi blockchain that works with decentralized, smart contracts. Ether was worth $60 million when it launched its Initial Coin Offering (ICO) in 2013.
Ethereum is the biggest blockchain that pioneered smart contracts in the crypto industry and decentralized the entire digital trading system.
Coin’s position in Coinmarketcap: Ranked at 2nd on Coinmarketcap
Market capitalization: $388,442,840,347
Total Supply: 120,269,999 ETH coins
Cryptocurrency is modern gold, but many financial analysts like Robert Kiyosaki believe that we shouldn’t make rash investment decisions.
Before investing, analyze the coin’s stats and invest only what you can stand to lose.