Crypto Ranking - Top 10 Crypto to invest in Now

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When it comes to investing, there are plenty of things to consider. Just as with other types of investments, investing in cryptocurrencies is highly complex and can prove to be a lucrative or fruitless investment. Nevertheless, since it’s such a new phenomenon, many people don’t know the best way to go about diving into the crypto investment sector.

Luckily, crypto has been around long enough for some experts to do some preliminary research and analysis. Over time, there have been several cryptocurrencies that are considered safer and more reliable than others. Therefore, by taking the time to perform your due diligence, you can learn enough to begin investing in cryptocurrencies for the long term.

Top 10 cryptocurrencies to invest in according to Traders Union are:

Bitcoin - most trustable crypto

Ethereum - most popular blockchain platform

Solana - the fastest blockchain platform

Cardano - best Ethereum alternative

Ripple - best payment solution for business

Polkadot - active in partnerships

Avalanche - most promising products

Polygon - most active development team

Chainlink (LINK) - integrating with more than 1,600 projects

VeChain - various new partnerships

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Should I Invest in Crypto for Long-term now?

One of the main concerns many potential investors have with investing in crypto is that the crypto sector is so new that it is almost impossible to predict how it will change over time. Therefore, if you are trying to decide whether or not to invest in crypto for the long term, there are plenty of factors to consider, such as:

Akin to Early Tech: Some experts have compared investing in the crypto realm in its early stages to the early stages of tech. This is because the crypto sector is so new and has seemingly endless potential. Therefore, it’s entirely possible that many people will become successful based on the innovations and inventions that will be implemented as a result of this sector.

History Repeating: Given that crypto is currently teetering on a bear market, many potential investors worry that investing in the sector will result in a total loss. However, many experts assert that the present state of crypto is a textbook example of history repeating itself. Like many other investments, Crypto is known for making major dips before recovering in a major way. Therefore, some crypto experts assert that buying and holding could prove to be a brilliant move in the not-so-distant future.

Widespread Adoption: Lastly, various cryptocurrencies seem to be on the verge of widespread adoption. For instance, Bitcoin is already widely accepted by many businesses and organizations. Similarly, Ethereum is also becoming more popular and widely accepted.

Top 10 Cryptocurrencies to buy

If you are wondering about the top cryptocurrencies to invest in, here are some of the top products are as follows:

Bitcoin (BTC)

One of the most obvious cryptocurrencies to buy is Bitcoin. This is because Bitcoin is the first and most reputable cryptocurrency in existence. For this reason, it is considered to be highly beginner friendly and one of the most accessible cryptocurrencies to invest in. Additionally, the fact that it has a self-regulating system to guard against inflation also helps maintain scarcity, which prevents the market from becoming oversaturated. Moreover, the Lightning Network is a layer of Bitcoin that makes it possible to scale the blockchain’s capacity to complete more transactions via micropayment channels while also making for less expensive, quicker transactions.

Bitcoin news

Bitcoin adheres to a pattern of "peaks and valleys" that spans four years. In April, the leading cryptocurrency by market capitalization surged by 72% and surpassed the $30,000 threshold. It had remained stagnant below $28,500 due to factors such as regulations, bank failures, and persistent inflation.

Despite concerns among investors regarding inflation and rising interest rates, Bitcoin, Ether, and other cryptocurrencies have skyrocketed since the start of 2023. However, it is still significantly lower than its peak price of nearly $69,000, which was reached in November 2021.

Bitcoin price prediction in 2024

Month Minimum Price Maximum Price Average Price
May 2024 $62 736,47 $76 677,91 $69 707,19
June 2024 $63 050,16 $77 061,3 $70 055,73
July 2024 $63 365,41 $77 446,61 $70 406,01
August 2024 $63 682,24 $77 833,84 $70 758,04
September 2024 $64 000,65 $78 223,01 $71 111,83
October 2024 $64 320,65 $78 614,13 $71 467,39
November 2024 $64 642,26 $79 007,2 $71 824,73
December 2024 $64 965,46 $79 402,24 $72 183,85
Bitcoin Price Prediction 2024, 2025, 2030 - Will BTC Go Up?

Ethereum (ETH)

On the other hand, Ethereum is also a great choice for long-term crypto investment. It is very well-known and considered highly beginner friendly. Additionally, it is becoming Ethereum 2.0, which is making it possible to manage up to 100,000 per second, while the previous version only allowed 30 transactions per second. Additionally, Ethereum is intricately involved in the metaverse, which is considered the next big thing within the cyber realm. The widespread adoption of Ethereum’s blockchain helps boost its capacity for smart contracts. This means that Ethereum will likely continue to grow, evolve, and expand with the metaverse.

Ethereum news

Ethereum is set to experience a major upgrade named Shapella in 2023. This upgrade will give investors the opportunity to redeem their "staked ether." These are coins that have been deposited and locked on the network for the past three years in exchange for interest. The estimated value of the ether unlocked is over $33 billion, which could result in some market volatility in the short term.

Nevertheless, some experts anticipate that many investors will keep their staked ether. The upgrade will mark the end of a long waiting period for those who initially deposited ether for a yield when the staking project began in 2020. Overall, the Shapella upgrade is expected to introduce exciting transformations to the Ethereum network and the entire cryptocurrency market.

Ethereum price prediction in 2024

Month Minimum Price Maximum Price Average Price
May 2024 $3 136,76 $3 833,82 $3 485,29
June 2024 $3 164,99 $3 868,33 $3 516,66
July 2024 $3 193,48 $3 903,14 $3 548,31
August 2024 $3 222,22 $3 938,26 $3 580,24
September 2024 $3 251,21 $3 973,71 $3 612,46
October 2024 $3 280,47 $4 009,47 $3 644,97
November 2024 $3 309,99 $4 045,55 $3 677,77
December 2024 $3 339,78 $4 081,96 $3 710,87
Ethereum Price Prediction 2024, 2025, 2030 - Will ETH Go Up?

Solana (SOL)

Another great option for a crypto investment is Solana. Although it is a lesser-known blockchain, it is also considered highly stable and effective when compared to other cryptocurrencies. Additionally, it charges investors a very small transaction fee, allowing them to keep more of their money after buying, selling, and trading. Presently trading near its low, Solana is considered a fantastic long-term investment for anyone interested in investing in the crypto realm.

Solana news

In 2023, Solana (SOL) has been doing really well and has even outperformed Bitcoin and Ether. Its native token has gained over 130% since the beginning of the year. Solana's market capitalization has also bounced back from a low of $5.3 billion to $9.1 billion, which is great news for investors.

The Solana blockchain has seen a surge in successful transactions, reaching 713 million in March, the highest since October. It's a clear indication that more people are using the network, which is a good sign for the future of Solana.

Solana price prediction in 2024

Month Minimum Price Maximum Price Average Price
May 2024 $163,99 $200,43 $182,21
June 2024 $166,45 $203,43 $184,94
July 2024 $168,94 $206,48 $187,71
August 2024 $171,48 $209,58 $190,53
September 2024 $174,05 $212,73 $193,39
October 2024 $176,66 $215,92 $196,29
November 2024 $179,31 $219,15 $199,23
December 2024 $182 $222,44 $202,22
Solana (SOL) Forecast – Solana price 2024, 2025, 2030

Cardano (ADA)

Although Cardano is a newer cryptocurrency, experts believe that 2023 is merely the beginning of the rise of this crypto coin. Moreover, they also believe it will be more stable by the end of this year. Also, the Cardano blockchain has immense potential and is highly revered due to the fact that it’s environmentally benign and can be used for a wide variety of things, such as NFTs and Defi. Therefore, if you are a cautious investor who has some knowledge of trading and can withstand volatility, Cardano is one of the best newer cryptocurrencies to invest in for the long term.

Cardano news

Cardano (ADA) has some exciting updates planned for 2023, with three significant upgrades set to roll out. As decentralized finance (DeFi) continues to gain renewed interest, particularly in decentralized exchanges and stablecoins, Cardano has the potential to emerge as a major player in the field. One of the platform's major goals this year is to launch two new stablecoins, namely USDA and DJED. These stablecoins are designed to offer more stability and predictability compared to other cryptocurrencies, which are known for their volatility.

One of the most critical developments for Cardano in 2023 is the Voltaire upgrade, which will mark the platform's fifth major development phase. This upgrade will introduce a voting and treasury system, enabling members of the network to use their stake and voting privileges to shape the network's future development. This upgrade has the potential to significantly impact the long-term evolution of the Cardano blockchain.

Cardano price prediction in 2024

Month Minimum Price Maximum Price Average Price
May 2024 $0,537 $0,656 $0,596
June 2024 $0,543 $0,664 $0,603
July 2024 $0,549 $0,672 $0,611
August 2024 $0,556 $0,68 $0,618
September 2024 $0,563 $0,688 $0,625
October 2024 $0,569 $0,696 $0,633
November 2024 $0,576 $0,704 $0,64
December 2024 $0,583 $0,713 $0,648

Ripple (XRP)

Another of the top cryptocurrencies to invest in for the long term is Ripple. This is because it is one of the few cryptocurrencies that has been around for over a decade. Additionally, the XRP blockchain makes it possible to complete cross-border transactions more cheaply and more conveniently.

Ripple news

In 2023, XRP Ripple has already seen some significant updates, and the token's future remains uncertain as the SEC lawsuit looms over the company. Ripple supporters are hoping for a favorable outcome in the first half of the year, which could potentially lead to a significant increase in XRP's value.

However, if the SEC wins the case, the situation could be quite different. Despite the legal uncertainty, XRP is currently maintaining its position as the sixth-largest cryptocurrency worldwide, boasting an impressive market cap of $21 billion. Ripple's CEO is actively preparing for the pivotal crypto decision this year, and the outcome of the lawsuit could have significant implications for the future of XRP and the cryptocurrency market as a whole.

Ripple price prediction in 2024

Month Minimum Price Maximum Price Average Price
May 2024 $0,538 $0,658 $0,598
June 2024 $0,541 $0,662 $0,602
July 2024 $0,545 $0,666 $0,605
August 2024 $0,548 $0,67 $0,609
September 2024 $0,551 $0,674 $0,613
October 2024 $0,555 $0,678 $0,616
November 2024 $0,558 $0,682 $0,62
December 2024 $0,561 $0,686 $0,624
Cardano (ADA) Price Prediction 2024, 2025, 2030

Polkadot (DOT)

Priced at rates that are much lower than comparable products, Polkadot can be considered a very worthwhile long-term investment. This is because experts assert that its value will only continue to rise in the foreseeable future. In particular, experts assert that DOT will trade for anywhere between $88.25 and $103.29 by 2028. Another reason experts believe that DOT is a worthy crypto investment is that it uses innovative technology that has impressed the crypto community. Specifically, the innovative technology allows for arbitrary data rather than just tokens. It also makes cross-chain computation and cross-chain registries possible.

Polkadot news

In March 2023, Polkadot announced their partnership with Aventus to launch a new Web3 electronic music platform called Beatport. This partnership has the potential to be a real game-changer, revolutionizing the way music is created, distributed, and consumed in the digital age.

In addition to this exciting development, Polkadot has also been making waves in the cryptocurrency market, with an impressive 51% increase in market cap in Q1 2023. The team is also hard at work on a range of important development topics, with a focus on bridge categories like parachain scalability, parachain development, and relay-chain governance, among others.

These efforts demonstrate Polkadot's commitment to staying at the forefront of blockchain technology and paving the way for a decentralized future.

Polkadot price prediction in 2024

Month Minimum Price Maximum Price Average Price
May 2024 $7,928 $9,689 $8,808
June 2024 $8,023 $9,806 $8,914
July 2024 $8,119 $9,923 $9,021
August 2024 $8,216 $10,042 $9,129
September 2024 $8,315 $10,163 $9,239
October 2024 $8,415 $10,285 $9,35
November 2024 $8,516 $10,408 $9,462
December 2024 $8,618 $10,533 $9,576
Polkadot (DOT) Forecast – Polkadot price 2024, 2025, 2030

Avalanche (AVAX)

On another note, although it is newer and less reputable than some of the others, Avalanche is considered a serious contender. This is primarily because it managed to outperform both ETH and BTC with a bullish performance of 3100%. Moreover, Avalanche’s blockchain is cost-effective and flexible and makes it possible to quickly and easily transfer Ethereum assets.

Avalanche news

Avalanche (AVAX) is launching "Evergreen Subnets" for financial institutions. This will enable firms to create their own subnets for research and development and "production-ready use cases."

Subnets are sovereign networks with their own membership and tokenomics rules. They are made up of validators, like Avalanche validators, who work together to reach consensus on one or more blockchains. Avalanche already has EVM-based subnets like the Intain Subnet (tokenized asset-backed security) and Deloitte Subnet (efficient FEMA fund disbursements platform).

Avalanche price prediction in 2024

Month Minimum Price Maximum Price Average Price
May 2024 $44,87 $54,85 $49,86
June 2024 $45,37 $55,45 $50,41
July 2024 $45,86 $56,06 $50,96
August 2024 $46,37 $56,67 $51,52
September 2024 $46,88 $57,3 $52,09
October 2024 $47,39 $57,93 $52,66
November 2024 $47,92 $58,56 $53,24
December 2024 $48,45 $59,21 $53,83
Avalanche (AVAX) Forecast – Avalanche price 2024, 2025, 2030

Polygon (MATIC)

Also known as MATIC, it was developed to solve issues concerning the Ethereum blockchain. By developing and creating a whole suite of applications, MATIC is considered a game-changer by people from all walks of life. Each of these applications was created in order to address specific issues on the blockchain. Overall, Polygon was considered far superior to ETH before it became ETH 2.0.

Polygon news

One exciting development is the change in narrative for Polygon, which is garnering more attention in the crypto community. In fact, Polygon's NFT sales volumes have already crossed the $300,000 mark in the first week of 2023. This is a promising start to the year, especially considering that the platform achieved a new sales record of $324 million in 2022, surpassing the previous record set in 2021.

Another potential boost for Polygon is Ethereum's major upgrade, the Surge, which is expected to take place in 2023. This could help drive growth for Polygon, as the platform is built on the Ethereum network.

Polygon price prediction in 2024

Month Minimum Price Maximum Price Average Price
May 2024 $0,831 $1,015 $0,923
June 2024 $0,841 $1,028 $0,935
July 2024 $0,852 $1,042 $0,947
August 2024 $0,863 $1,055 $0,959
September 2024 $0,875 $1,069 $0,972
October 2024 $0,886 $1,083 $0,984
November 2024 $0,898 $1,097 $0,997
December 2024 $0,909 $1,111 $1,01
Polygon (MATIC) Price Prediction – 2024, 2025, 2030

Chainlink (LINK)

For those who are yet unfamiliar, Chainlink is an oracle network that helps to verify real-world external data while also providing information for smart contracts. Although it was initially launched on the ETH blockchain, it now works on the Solana blockchain and is also compatible with other blockchains such as Ethereum - BNB Chain, Avalanche, etc. This technology is now in high demand as it allows for the easy confirmation and distribution of data on asset prices.

Chainlink news

Chainlink has had an impressive 2023 so far, facilitating over $7 trillion in transaction value across 12 blockchains and integrating with more than 1,600 projects from various industries like DeFi, NFTs, gaming, and insurance.

In 2022, Chainlink expanded their Oracle infrastructure to allow for new on-chain markets, and this year they're going even further by building an enhanced payment model and exploring market demand for new on-chain markets. These developments highlight Chainlink's dedication to innovation and improving their services for users.

Chainlink price prediction in 2024

Month Minimum Price Maximum Price Average Price
May 2024 $16,25 $19,862 $18,056
June 2024 $16,38 $20,02 $18,2
July 2024 $16,511 $20,181 $18,346
August 2024 $16,644 $20,342 $18,493
September 2024 $16,777 $20,505 $18,641
October 2024 $16,911 $20,669 $18,79
November 2024 $17,046 $20,834 $18,94
December 2024 $17,183 $21,001 $19,092
Chainlink (LINK) Forecast – Chainlink price 2024, 2025, 2030

VeChain (VET)

VeChain is a crypto that amounts to a governance coin inside of a platform to assist with tracking logistics. This platform can be used to track the various stages of commodity transport between delivery, stock, warehouses, and transportation. The goal of VeChain is to help optimize logistics among the various divisions of any company and its clients.

VeChain news

The VeChain Foundation launched 'The HiVe,' a summit with a focus on web3 and sustainability to promote innovative uses of blockchain technology for sustainability. This event aims to champion sustainability initiatives through the integration of blockchain technology. The price of VeChain (VET) has been on a significant rise in 2023, gaining almost 100% since the beginning of the year, and experts anticipate that this trend will continue.

VeChain has formed various new partnerships in 2023, one of which was announced on January 26, 2023, with the United Nations. This partnership aims to enhance supply chain transparency and accountability. It involves a range of issues that include education, sanitation, health, clean water, poverty, and hunger, among others.

VeChain price prediction in 2024

Month Minimum Price Maximum Price Average Price
May 2024 $0,039 $0,047 $0,043
June 2024 $0,039 $0,048 $0,043
July 2024 $0,039 $0,048 $0,044
August 2024 $0,04 $0,048 $0,044
September 2024 $0,04 $0,049 $0,044
October 2024 $0,04 $0,049 $0,045
November 2024 $0,041 $0,05 $0,045
December 2024 $0,041 $0,05 $0,046
VeChain (VET) Forecast – VeChain price 2024, 2025, 2030

Crypto Ranking of Top 10 Coins

When it comes to ranking the various cryptocurrencies, there are lots of factors to consider. For instance, you should look at things such as the current price, market price, one-month performance, and one-year performance. By checking variables such as these, you will get a better idea of where these crypto coins rank by comparison.

Current Price Market Cap 1 m return 1 y return

Bitcoin

28033.82$

540.9B

43.64%

193.96%

Buy Now

Ethereum

1872.41$

224.8B

47.03%

135.26%

Buy Now

Solana

20.62$

7.9B

57.05%

818.14%

Buy Now

Cardano

0.38$

13.2B

37.81%

131.69%

Buy Now

Ripple

0.50$

26.1B

NaN%

NaN%

Buy Now

Polkadot

6.28$

7.5B

NaN%

NaN%

Buy Now

Avalanche

17.97$

5.8B

35.76%

246.95%

Buy Now

Polygon

1.11$

10.1B

43.14%

9.95%

Buy Now

Chainlink (LINK)

Buy Now

VeChain

0.02$

1.8B

NaN%

NaN%

Buy Now

Which crypto to invest in?

The best crypto to invest in largely depends on your unique investment needs and preferences. Notably, it depends on whether you wish to invest in the short or long term. If you are interested in investing for the long term, some of the products mentioned here may be perfect for your portfolio.

When to Buy Crypto for Long Term?

1. When investing for the long term, you can buy the most promising coins during a bear market in order to sell them during the next bull cycle in the financial markets. Such a strategy implies that you gain a portfolio gradually on the downs. Previously, this was the most productive strategy. However, the more we learn about crypto, we are learning that there are various ways to earn from short-term investments.

2. On the other hand, it is best to use technical analysis and signals for short-term purchases. This is primarily because being successful in short-term trading is vastly different than being successful in long-term investing. When it comes to the latter, the most essential traits of these investments are that they are reputable and have the propensity to stand the test of time. This is because the key to making money from a long-term investment is that it has the space and opportunity to grow and appreciate in value.

How To Determine The Best Cryptocurrency To Invest In?

Determining the best cryptocurrency to invest in can be a complex task, as it involves assessing various factors to make an informed decision. Here are five tips to help you identify promising cryptocurrencies:

High Upside Potential

Look for cryptocurrencies that have a strong potential for growth based on their technology, use cases, and the problems they aim to solve. A solid project with innovative ideas and a clear value proposition can lead to significant gains.

Project Roadmap

A detailed project roadmap is essential to understand the direction the project is heading. Examine the milestones they've achieved and the goals they aim to reach in the future. A well-defined and achievable roadmap can indicate a serious and dedicated team working towards their objectives.

Market Cap

Market capitalization is a key metric in determining the size and potential growth of a cryptocurrency. It is calculated by multiplying the current price by the total number of coins in circulation. A relatively low market cap may offer higher upside potential. A high market cap indicates a more established project with lower risk but potentially less room for significant growth.

Development Team and Community

The credibility and expertise of a project's development team can be a strong indicator of its potential success. Research the team's background and past achievements, and consider the level of community engagement and support. A committed and skilled team, along with an active and supportive community, can contribute to a project's long-term success.

Partnerships and Adoption

Strong partnerships and real-world adoption are crucial for the long-term viability of a cryptocurrency. Look for projects that have established partnerships with reputable companies, organizations, or governments, as these collaborations can help drive widespread adoption and increase the value of the cryptocurrency.

You can also be interested in information about Which Cryptocurrencies To Buy After Bitcoin ETF Approval read the Traders Union article.

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Summary

If you’re interested in investing in crypto and holding it for the long term, you have tons of options. Nevertheless, not all cryptocurrencies are created equal. In fact, many of them are unreliable and very risky investments. Nevertheless, by taking the time to perform your due diligence before investing, you have the potential to amass a large amount of wealth in a relatively short amount of time and with limited effort. Either way, by conducting your own research and choosing products that align with your financial goals, investing in some of the cryptocurrencies mentioned above may be one of the most lucrative investments you’ve ever made.

FAQ

Which crypto is best to invest in now?

According to Traders Union analysts, the "Best Cryptocurrencies to Buy Now" list includes: Bitcoin, Ethereum, Solana, Cardano, Ripple, Polkadot, Avalanche, Polygon, Chainlink (LINK), and VeChain.

Which coin will rise in 2024?

You can find out which coin will rise in 2023 by reading the forecast of Traders Union analysts. Forecasts are made on the basis of technical analysis data.

Which crypto is leading today?

Bitcoin has been and remains the leader of the crypto market.

What are the risks of investing in cryptocurrencies for the long term?

As with all other types of investments, investing in cryptocurrencies has a variety of risks. For instance, there is always a risk of losing your total investment. Moreover, there have long since been rumors of government regulation, which will serve to shake up the entire crypto sector as we know it. Lastly, another of the top risks of investing in cryptocurrencies is that you may get scammed by untrustworthy actors.

What makes crypto a good long-term investment?

Crypto may be a good long-term investment for some because many experts believe that they are likely to increase in value over the years. Additionally, there has been some widespread adoption of certain cryptocurrencies, such as Bitcoin, which is a major sign the sector may be here to stay.

Can you still make money from Bitcoin?

Given that it’s the oldest cryptocurrency on the market, many people believe that you can no longer make money by investing in Bitcoin. However, that is not the case. In fact, people are still buying, selling, and trading Bitcoin for profit on a daily basis.

Where can I buy cryptocurrency?

There are plenty of places from which to purchase cryptocurrency. For instance, you can buy it on finance apps such as Cash App, Coinbase, eToro, and many others. You can also try physical locations, such as Bitcoin ATMs.

Team that worked on the article

Ivan Andriyenko
Author at Traders Union

Ivan is a financial expert and analyst specializing in Forex, crypto, and stock trading. He prefers conservative trading strategies with low and medium risks, as well as medium-term and long-term investments. He has been working with financial markets for 8 years. Ivan prepares text materials for novice traders. He specializes in reviews and assessment of brokers, analyzing their reliability, trading conditions, and features.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.

Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.