Wondering what the best crypto to buy right now is? Or maybe a sound cryptocurrency investment to buy for the future? Or just lost in a world of money pirates, hype trains and weirdly profitable dogs? Allow us to cut through the bullshit and bring you the latest, recommended crypto to buy right now.
These are the cryptocurrency coins that are trending each month, from legitimate-looking sustainable alternatives to Bitcoin, to completely silly meme coins that could make you a quick buck (or go to zero faster than you can say “wen lambo”).
Disclaimer: this is not financial advice. Never invest more than you can afford to lose. The cryptocurrencies mentioned below may not necessarily be ones we recommend you buy right now, but are the ones seeing traction or being talked about in the news. Before you invest in any cryptocurrency, you should make sure you are in a financially solid position.
In this monthly best cryptocurrency story
- November 2022
- October 2022
- August 2022
- July 2022
- June 2022
- May 2022
Monthly Market Overview
Looks like crypto’s back on the menu! In some much needed reprieve for the blockchain industry, crypto asset prices recuperated throughout October — or Uptober as crypto traders prefer to call it — with the total market gaining a solid 7.6% in the final few days of last month.
Now, before we get stuck into this month’s picks, let’s take a quick look around at the most notable events that went down in crypto land so we can get a better idea of what else might happen moving forward.
For starters, Reddit low key onboarded three million news users into NFTs by calling them “digital collectibles” seeing millions of users create crypto wallets on the Polygon (MATIC) blockchain. Some of the collectibles were going for upwards of $40k a pop at the height of the trend, showing that people are still more than willing to throw some substantial cash at digital assets.
Twitter co-founder Jack Dorsey revealed plans to launch a decentralized social media app called Bluesky Social while Bitcoin snuck into the Guiness Book of World Records. Overall, the sentiment heading into this month is undeniably bullish, which means the following picks are all going to be extra spicy.
Binance Coin (BNB)
Price at the time of writing: $253 (AU$392)
Market Cap: $52.2 billion (AU$80.8 billion) – #2 overall
Taking out the number spot for November is Binance Coin (BNB). Why, you might ask? Well for starters, other exchanges have begun seeing their market share decline, and at the time of writing Binance (the world’s largest exchange by daily trading volume) currently facilitates roughly 55% of all crypto transactions on any given day.
The exchange’s dominance has been expanding over the last few months, with the company establishing new offices throughout central Africa, Brazil, France, Dubai and New Zealand. The BNB token acts in large part as fuel for the exchange’s operations. So, if we do see a return to even mild bear market conditions, it wouldn’t be crazy to think that the price of BNB would see a fairly major uptick following it.
Price at the time of writing: $0.15 (AU$0.23)
Market Cap: $20.8 billion (AU$32.3 billion) – #8 overall
Yup. You read that right. Number 2 on this month’s list is Dogecoin (DOGE). While it’s easy to shake your head and poke fun at the memecoin, there’s no denying that this little puppy is hot property right now. Following Elon’s Twitter saga, the token is currently up a whopping 150% in the last seven days at the time of this writing.
Elon Musk literally just posted a not-so-cryptic Tweet of his doge sitting next to a Hallowen pumpkin, an obvious nod to Dogecoin. Predictably trader’s have jumped on the action, and sent the price of the token skyrocketing upwards, with DOGE up 26% in the last 24 hours. Now you might be thinking that it’s set up for a dump really soon and that’d be fair.
However, Elon is notoriously unpredictable and if he keeps posting about DOGE or makes an announcement that Twitter will begin accepting it for payments — which isn’t the craziest idea if some of his leaked conversations are any sign — then investors can reasonably expect to see the DOGE rally sustained over the coming weeks.
SHIBA INU (SHIB)
Price at the time of writing: $0.000012 (AU$0.000018)
Market Cap: $6.7 billion (AU$10.47 billion) – #17 overall
That’s right, another dog token on this month’s hot tips. Now before you think we’re just being lazy, you might be a little surprised to find that a “memecoin” — like Shiba Inu (SHIB) has recently undergone a crucial transformation from shitcoin to legitcoin.
SHIB was genuinely nothing more than a hyper-speculative shitcoin in the past (much like its pooch-themed counterpart DOGE was as well) but over the past few months, its developers have created an entire ecosystem in which the token provides holders with real utility. They’ve also introduced the SHIB burning portal ShibBur that will see the overall supply of the token decrease over time, (hopefully) driving up the price of all existing SHIB.
However, the real reason SHIB made the cut on this month’s list is because new data from the crypto analytics firm Santiment shows that SHIB — the self-titled “Dogecoin killer” — typically follows the price of action of Dogecoin (DOGE) quite closely. And with Elon’s Twitter takeover sending the price of DOGE soaring more than 100% over the last week, it might be worth taking a look at what SHIB does in the next few weeks as well.
It’s also worth noting that SHIB also tends to run hard when the price action of DOGE begins to subside as speculators continue to hunt for a pump. Just something keep in mind…
Monthly Market Overview
September certainly kicked things off the right way, but ultimately failed to deliver any long lasting gains. Overall, the crypto market lost even more ground, with the total crypto market valuation closing the month down 5.6% from where it began. In an interesting turn of events, crypto actually outperformed the stock market which finished up September at a 10% loss from the beginning of the month.
This is significant because it means that crypto might finally be “decoupling” from its strong correlation with stonks, meaning that more investors are starting to see cryptocurrencies as standalone assets worthy of individual attention.
So, what were the most notable events in the crazy world crypto and what should be keeping an eye on this month?
For starters, Ethereum’s long-awaited Merge upgrade went through on September 15, marking the blockchain’s official transition to Proof-of-Stake which will see it use 99.95% less energy as well as handle up to 100,000 transactions per second (which is really good news for Ethereum fans).
Unfortunately for ETH investors, they quickly found out who was right and who was wrong in the great “buy the rumor, sell the news” debate, with the price of ETH plummeting nearly 30% in the week following the upgrade. This ETH sell off was unfortunately timed with the US Federal Reserve hitting the markets with a “sledgehammer” and sparked a broader downturn in cryptomarkets.
While crypto may have hiccuped its way through September, the general sentiment towards the crypto market is one of excitement, which makes it easier to share some positive predictions for the coming month of October.
Price at the time of writing: $0.43 ($0.67 AUD)
Market Cap: $11 billion ($17.2 billion AUD) – #8 overall
Launched in 2017 by Ethereum co-founder Charles Hoskinson, Cardano (ADA) is marketed as a “third-generation” cryptocurrency that solves the main problems faced by both Bitcoin and Ethereum. It’s designed with speed in mind, with Hoskinson saying that it offers users fast, secure transactions as well as being a platform for running decentralized applications and smart contracts. ADA can be viewed as a dormant “Ethereum-killer”
Now might be a very good time to pick up some Cardano at a bargain, as the token is currently down 80% from its all-time high in September last year when the market responded poorly to a new upgrade called the Alonzo Fork. The number of developers on the Cardano blockchain continues to grow, so when the project does start to deliver utility in the crypto space, it’s very likely to surge in value.
Put very simply, investors in Cardano are making a bet that while it doesn’t offer crypto users all that much right now, it may provide them with huge utility in the future. To this point, a growing number of users have been accumulating the token while the price remains low. If crypto returns to bull market conditions, ADA looks primed for a big pulse in price.
Price at the time of writing: $143 (AU$220)
Market Cap: $2 billion (AU$2.34 billion) – #38 overall
Quant (QNT) is an interesting and sort of technical addition to this month’s picks. Quant launched in June 2018 with the goal of “connecting blockchains and networks on a global scale”. It’s developers marketed the blockchain network as being able to achieve this goal without reducing the efficiency and interoperability (a fancy word for transferring programs and tokens from one blockchain to another) of the network.
According to It is the first project to solve the interoperability problem through the creation of the first blockchain operating system. With the increasing prevalence of hacks and exploits of things called ‘cross-chain bridges’’ investors may look to Quant as a safe haven in these troubled times. If this occurs throughout October it’d be reasonable to expect the price of the network’s native QNT token to drive upwards.
Price at the time of writing: $1.60 (AU$2.45)
Market Cap: $121 million (AU$177 million) – #2753 overall
The Flow network is a blockchain project created by DapperLabs in 2018 and it currently hosts some of the largest and profitable sets of sport-related NFT collections in the industry. It markets itself as the “foundation for a new generation of games, apps and the digital assets that power them”.
At the time of writing, partners that use the Dapper Labs network to host their NFT collections include the NBA, Warner Music Group, the AFL and the UFC. Basically the investment case for FLOW is this: if investors are bullish on the long term potential of sports-related NFTs to help major sporting leagues capitalize on fan engagement then FLOW is a sure fire pick.
Monthly Market Overview
August proved an interesting month for digital assets, but ultimately the crypto market lost ground, with the total crypto market cap closing the month down 9.3% from where it began on August 1. The stock market followed a similar trend, however retained more overall value, only down 3% for the month.
So, what were the most notable events in the wild world of crypto and what should be keeping an eye on this month?
For starters, the crypto industry collectively freaked out about the Merge — Ethereum’s upcoming upgrade that’s scheduled for September 15. The Merge will see the Ethereum network become faster, massively increase its transaction capacity and slash its overall energy consumption 99.95%. Ethereum’s native token Ether (ETH) will definitely be one to watch this month…
Then, in less-fun news, the cryptosphere watched on in horror as Tornado Cash was blacklisted by the US and the guy responsible for writing its code, Alexey Perstev was jailed. These events set a concerning precedent for privacy in the space and cast a shadow of doubt on the future of development for coders working in the blockchain industry.
As usual, there was never a boring day in crypto, and while the market declined overall, the general sentiment throughout the crypto market is one of excitement, making it a little easier to share some positive predictions for the coming month of September.
Price at the time of writing: $2,339 (AU$3,434)
Market Cap: $285.7 billion ($419.5billion AUD) – #2 overall
Last month, Ethereum (ETH) went on a face-melting rally and left every other major league crypto asset in the dust — surging more than 60%. Its price has since declined but the Merge upgrade, scheduled for September 15 is still sparking a bunch of excitement throughout the broader crypto market.
Former BitMEX CEO Arthur Hayes, predicts that Ethereum will more than double in value from here to reach a $5000 valuation by May next year, following on from a successful Merge. In a blog post titled “ETH-Flexive”, Hayes outlines his reasoning for why he believes the price of Ethereum will surge post-Merge.
“If the merge is successful… traders will buy ETH today, knowing that the higher the price goes, the more the network will be used and the more deflationary it will become, driving the price higher, causing the network to be used more, and so on and so forth,” he explained.
“This is a virtuous circle for bulls,” Hayes concludes.
The Sandbox (SAND)
Price at the time of writing: $1.39 (AU$2.04)
Market Cap: $2 billion (AU$2.94 billion) – #38 overall
The Sandbox is easily the most promising and currently undervalued metaverse project around. While its competitors include Decentraland and Yuga Lab’s Ape-themed world, Otherwise, the Sandbox easily outstrips them in terms of graphics, playability and functionality.
These Sandbox metaverses utilizes NFTs and in-game digital currencies, such as its native SAND token — to house ecosystems in which users can buy, sell, trade and engage with virtual assets. The Sandbox is incredibly similar to traditional massively multiplayer online games (MMOs), where players can create avatars and roam freely through a globally connected landscape, build pixelated infrastructure, attend events, engage in competitions and buy digital real estate on NFT marketplaces such as OpenSea.
Euler Finance (EUL)
Price at the time of writing: $12.20 (AU$2.04)
Market Cap: $121 million (AU$177 million) – #2753 overall
There’s no simple way to describe Euler Finance. It’s a very complex protocol that automate risk analysis in the wild and extremely complicated world of Decentralized Finance (DeFi).
At the time of writing, DeFi is dominated by two widely-known decentralized lending protocols: Aave and Compound. These two protocols collectively account for nearly 50% of the total DeFi market share, with Aave holding $6.89 billion in total value locked (TVL) and Compound holding $3 billion in TVL, according to DeFi Llama.
Now Euler Finance is a permissionless (meaning there’s literally no humans involved in the decision-making process) protocol that automatically manages risky DeFi assets and figures out rates for lending and borrowing. This means that Euler Finance users can access borrowing and lending usually outside the normal scope of DeFi in a much less-risky way.
Long story short, it solves a very niche problem, but if the market is as underserviced as some experts think, the growth of EUL could be quite explosive.
EUL is available for purchase on the Gemini exchange.
Monthly Market Overview
While the US stock market posted a very respectable 10% gain throughout June, Bitcoin (BTC) outpaced the traditional market by double, witnessing a 21% growth in price.
The notable winner of this past month however, was Ethereum (ETH) which left every other major league asset in the dust after going on a face-melting rally — surging more than 60% in less than 30 days.
Wait a second — aren’t we in a recession?
Well… sort of.
The Federal Reserve — the crew responsible for getting inflation rates under control — have hinted that future increases to interest rates might be less severe than investors first anticipated. When investors feel more secure about the future, they feel comfortable taking on more risk — hence the recent boom despite the doom and gloom about a “global recession” plastered across the headlines.
At the end of the day, this temporary feeling of security has led to a boost in confidence driving up the prices of speculative assets, and sentiment can turn on a dime. It might be a good time to take advantage of some relatively low prices.
Price at the time of writing: $42 ($61 AUD)
Market Cap: $14.6 billion ($21.1 billion AUD) – #9 overall
First launched in 2017, Solana (SOL) is the native token of a blockchain network that grew massively in 2021 after gaining a reputation as a potential “Ethereum killer”. Where the Ethereum network is slow and expensive, Solana is fast and cheap; offering up a competitive alternative for crypto aficionados to create new applications, mint NFTs and develop new projects in the rapidly expanding worlds of DeFi and Web3.
Early last month, Solana branched out into a totally new industry, launching the first Web3-ready mobile phone alongside a physical store in New York City. Security has been an issue for the Solana network in the past, after suffering from major hacks and other infrastructure hiccups.
Kyle Samani, a managing partner at crypto investment firm Multicoin, claimed that developer activity and the cashflow into the Solana project are still growing at an astounding rate. He went on to add that while Ethereum may never be properly “replaced” by Solana, it’s very clear that Solana will remain competitive moving forward.
TLDR: Solana (SOL) is set to offer huge utility in the future, and a large number of users have been accumulating the token while the price remains low. If the crypto market returns to bull market conditions, SOL looks primed for a big pulse in price.
Price at the time of writing: $0.91 ($1.31 AUD)
Market Cap: $7.3 billion ($10.5 billion AUD) – #19 overall
Polygon (MATIC) is a Layer2 (L2) scaling solution for the Ethereum network.
Now, if that sentence has you scratching your head a little, don’t worry. Put really simply, Polygon is a parallel blockchain that runs on top of the Ethereum blockchain (hence Layer 2), allowing users of the Ethereum network to create new DApps, mint NFTs and transfer digital assets, without paying the absurd gas fees that Ethereum has become infamous for.
If anyone is familiar with minting NFTs on Opensea or any other platform you’ll know that the Polygon network is extremely easy to use, and slashes minting costs from approximately $50 if you were to use ETH compared to a crisp $0 if you opt for MATIC.
Even with Ethereum going Proof-of-Stake (which means it will be faster and more efficient) Layer2 protocols like Polygon are an essential part of the future of blockchains and will still be super necessary if Ethereum wants to continue optimal functioning well into the future.
Gala Games (GALA)
Price at the time of writing: $0.05 ($0.08 AUD)
Market Cap: $400 million ($616 million AUD) – #96 overall
Gala Games is one of the most promising and currently undervalued (the GALA token is down 93% from its all-time-high) blockchain-based gaming projects around.
While most other Web3 gaming & metaverse projects have the sort of graphics you’d expect to find in games you used to play on a friend’s computer back in 2006, Gala is doubling down on making sure players engage with great graphics and genuinely exciting gameplay.
To make the term “blockchain gaming” more simple: Gala has created a network that allows players to own physical parts of the game that they play (imagine owning your own castle or hunting lodge in Runescape). Its native token GALA identifies in-game assets that players own and lets players buy and sell different parts of the game on the Gala market.
With a seriously impressive lineup of soon-to-be-released games, the GALA token is definitely one to keep a very close eye on.
Monthly Market Overview
The past week has seen the price of crypto assets surge massively. Crypto market leader Bitcoin (BTC) has grown 20% while second runner Ethereum (ETH) has spiked a whopping 45%. So, is the bear market over? Is the time of “up only” truly upon us?
When looking at crypto, it’s super important to remember that it is a speculative asset class that experiences massive volatility but is also based in reality. Just because asset prices have surged over the past week or so, doesn’t necessarily mean that YOLO’ing into crypto right now is a good idea.
There hasn’t been any major changes in the macro conditions of the broader global market which means that there’s no “real” news on which this outlandish price growth is based — with that in mind, it’s probably safest to err on the side of caution while the market sorts itself out.
Most market analysts and financial experts seem to agree that this price action is what’s known as a “bull trap”.
Price at the time of writing: $23,639 ($34,252 AUD)
Market Cap: $451 billion ($653 billion AUD) — #1 overall
As the world’s first and most famous cryptocurrency, Bitcoin (BTC) has led blockchain technology’s revolutionary charge from the front since its inception in 2009. Bitcoin is the most well-known and widely traded crypto asset in existence, and it demands a dedicated following of convicted investors that believe in its ability to change the world of finance.
Over the past week, the price of Bitcoin has surged a little more than 20%, leading to some much needed market optimism. Despite this positive price action, investors are still skittish from the recent turmoil and fear this run may be little more than a relief rally.
Regardless of the short-term fluctuations in price, if you’re a believer in Bitcoin (BTC), right now might be a great time to accumulate some of crypto’s flagship asset at its lowest price in years.
Binance Coin (BNB)
Price at the time of writing: $270 ($391 AUD)
Market Cap: $44 billion ($64 billion AUD) — #5 overall
Binance Coin (BNB) is the native token of the Binance ecosystem. Much like CRO, BNB is a utility token. Because it is a token that fuels the operation of the Binance exchange and a variety of other blockchain-related projects, BNB comes with an added layer of protection against large-scale market shocks that aren’t directly related to the performance of Binance.
Quite simply, BNB is used to pay and validate transactions on the Binance Smart Chain (BSC). The 29 million users of the Binance exchange are incentivised to use BNB wherever possible and are rewarded with 10-25% discounts when using BNB for transactions fees and payments. Because BNB is a deflationary token, meaning that the total number of BNB tokens decreases over time, investors tend to see BNB as an attractive long-term investment.
TLDR: BNB is a deflationary token that acts as the fuel for the world’s largest crypto ecosystem.
Price at the time of writing: $26 ($38 AUD)
Market Cap: $7 billion ($10 billion AUD) – #13 overall
Avalanche (AVAX) is a blockchain platform that was designed to host decentralized applications (DApps) much like its main platform-based competitor, Ethereum. Avalanche was designed with scalability in mind meaning that it can process high numbers of transactions very quickly. Currently, Avalanche can process 6,500 transactions per second (which is much higher than Ethereum’s 15 transactions per second), and is more similar to the volume of payments processed by VISA and Mastercard.
What makes Avalanche an attractive investment right now is that while the market gets ready for Ethereum’s long awaited Merge AVAX is ticking away quietly, largely unnoticed in the background. If the Merge experiences a hiccup, and the price of Ethereum plummets then AVAX may reveal itself to be a frontrunner for “platform” market dominance.
Additionally, the supply of AVAX is capped at 720 million, which means no new coins can be created. Adding to this Avalanche has burned almost 1.2 million AVAX tokens worth roughly $116 million ($153 million AUD) meaning that tokens are becoming more scarce over time. If investors are bullish on the Avalanche ecosystem growing over time, then AVAX may prove to be a great buying opportunity.
Monthly Market Overview
To the disappointment of crypto investors everywhere, the “crab” market continues on its slow decline into June with digital assets down roughly 15% across the board from this time last month.
Once again, there aren’t any major signs of substantial change on the horizon, meaning that the current (slightly downwards) price action looks set to continue. Until the broader market can find something to get excited about, investors can reasonably expect cryptocurrencies to stay hovering around their current prices, with a slight lean towards the red…
With that being said, fortunes can still be made in a bear market. There’s still plenty of good opportunities to deploy a dollar cost averaging (DCA) strategy and pick up your favorite crypto at a discount while the short-term profit seekers hesitate.
Here’s the best buying opportunities for this month:
Price at the time of writing: $8.08 ($11.20 AUD)
Market Cap: $3.3 billion ($4.6 billion AUD) – #27 overall
Chainlink (LINK) is a blockchain framework that allows universally connected smart contracts to be integrated. It’s also a decentralized network of nodes that use oracles to deliver data from off-chain sources to on-chain smart contracts.
The Chainlink network went live in 2019 and allows a wide array of different blockchains to safely transfer data associated with external events such as stock prices, sports scores, and other real-world data.
According to the market analysts at Cryptoticker, LINK is trading at a solid discount compared to its competitors and looks to be one of the best assets to buy for when the crypto market recovers.
Currently trading at around $8 ($11.20 AUD), analysts predict that LINK could easily reach a target of $16 ($22.20 AUD) in the coming months, which would land nifty investors a very respectable 100% return.
Price at the time of writing: $0.39 ($0.54 AUD)
Market Cap: $18.9 billion ($11.3 billion AUD) – #7 overall
XRP is the Ripple ecosystem’s native token. RippleNet is the digital payment network that runs on a public distributed ledger (slightly different from a blockchain), called XRP Ledger. Ripple itself is a for-profit company that controls the growth and development of RippleNet.
Most investors aren’t aware that the idea behind Ripple and XRP actually predates Bitcoin and cryptocurrency altogether. In 2004, John Fugger launched a peer-to-peer (P2P) financial network called RipplePay and aims to eliminate the need for centralized banks by creating a “trustless” exchange of money on the internet.
The reason that XRP takes the #2 spot on this month’s list is because of its huge (largely unrealised) upside potential. XRP is currently in the final stages of a trial with the SEC for selling their tokens as “unlicenced securities”. If the court rules in favor of XRP, it’s not just good news for Ripple holders, but great news for the crypto market in general — in fact (according to this insider) it could very well be the small pebble that kicks off a bullish avalanche in the digital asset space…
If you throw in the fact that the number of transactions on the XRP network doubled in 2021 and combine this with the fact that institutional demand continues to grow, it makes the case for accumulating XRP very tempting.
Shiba Inu (SHIB)
Price at the time of writing: $0.000011 ($0.000014 AUD)
Market Cap: $6.3 billion ($8.8 billion AUD) – #17 overall
You might be a little surprised to see a token like Shiba Inu (SHIB) take the #3 spot on this month’s list, but SHIB has recently gone through a major transformation from shitcoin to legitcoin.
SHIB used to be nothing more than another Elon-pumped, speculative meme token (just like its pooch-themed counterpart DOGE) but over the past few months, its developers have created an entire ecosystem in which the token provides holders with real utility. They’ve also introduced a series of new economic mechanisms that make holding the token much more attractive.
In what is now called “SHIB: The Metaverse”, SHIB can be used to buy land and other in-game customisations. It’s still in very early stages, but it has an extremely strong community of diamond-handed investors who have demonstrated in the past that they are willing to sink serious sums of capital to ensure that projects reach fruition.
In terms of tokenomics, earlier this year on April 23, SHIB developers launched the SHIB burning portal, ShibBurn, which has seen nearly 30 billion SHIB, or $300,000 ($417,423 AUD) at the time of writing, removed from circulation. Since SHIB’s inception, approximately 410.32 trillion SHIB — just over 41% of the total supply — have now been burned.
By “burning” SHIB, the total supply of the token is reduced, meaning that the scarcity (& potentially the price) of the remaining SHIB in holder’s wallets increases.
Monthly Market Overview
Frustration among cryptocurrency investors is high as the crypto “crab market” continues. Digital assets are maintaining their mostly sideways price action, only moving up and down by small amounts.
Unfortunately, there are no major signs of any substantial change on the horizon, meaning that the current sideways (and slightly downwards) price action looks set to continue. Until the market has a reason to get excited or fearful, investors can expect crypto-assets to stay hovering around the current price range.
With that being said, there are plenty of good opportunities to pick up some crypto at a bargain while the market hesitates. Here are the best buying opportunities for this month:
Price at the time of writing: $0.78 ($1.10 AUD)
Market Cap: $26.5 billion ($37.3 billion AUD) – #9 overall
Launched in 2017 by Ethereum co-founder Charles Hoskinson, Cardano (ADA) is marketed as a “third-generation” cryptocurrency that solves the main problems faced by both Bitcoin and Ethereum. It is designed to offer its users fast, secure transactions as well as being a platform for running decentralized applications and smart contracts.
Now might be a very good time to pick up some Cardano at a bargain, as the token is currently down 75% from its all-time high in September last year when the market responded poorly to a new upgrade called the Alonzo Fork. The number of developers on the Cardano blockchain continues to grow, so when the project does start to deliver utility in the crypto space, it’s very likely to surge in value.
Put simply: Cardano (ADA) is set to offer huge utility in the future, and a large number of users have been accumulating the token while the price remains low. If crypto returns to bull market conditions, ADA looks primed for a big pulse in price.
NEAR Protocol (NEAR)
Price at the time of writing: $11.84 ($16.69 AUD)
Market Cap: $8 billion ($11.3 billion AUD) – #19 overall
NEAR Protocol is a platform-based blockchain that is in direct competition with Ethereum (ETH) and Terra (LUNA). NEAR was designed to incentivize a network of computers to operate a platform for developers to create and launch decentralized applications, making it faster and more efficient than the Ethereum network. Consider it to be a blockchain-based equivalent of Amazon Web Services (AWS) — which hosts a huge majority of the services provided on the internet.
According to a crypto insider, Zoran Kole, NEAR protocol is rumoured to be releasing a stablecoin called USN which will reportedly offer a decentralized finance (DeFi) protocol capable of providing users with a 20% annual percentage yield (APY) on their USN deposits.
Kole believes that Near Protocol’s network growth combined with its soon-to-be-released USN stablecoin could eventually allow NEAR to catch up to and eventually eclipse Terra (LUNA), which has a market cap of $37.2 billion — a projected increase of over 300% from today’s price.
Price at the time of writing: $0.67 ($0.94 AUD)
Market Cap: $4.5 billion ($6.3 billion AUD) – #29 overall
Algorand is a decentralized, blockchain-based network that supports a wide range of applications. It markets itself as “Blockchain 3.0” as it offers solutions to the pressing problems faced by both Bitcoin (BTC) and Ethereum (ETH). The main selling point of Algorand is its high speeds and instant transaction approval, which allows users to quickly and cheaply transfer ALGO cryptocurrency.
Most notably, ALGO today announced a partnership with FIFA which will undoubtedly send the price surging for some time. It is already trading at an approximately 12% gain at the time of writing. Most experts are pretty optimistic about ALGO and expect that a $3 price per ALGO token is achievable by the end of next year if it continues on its adoption trend.
So there you have it, a selection of some of the best crypto to buy now. Enjoy.
RISK STATEMENT– The trading of Bitcoins, alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.