New Delhi: Cryptocurrency has been the biggest trend of the year 2021 and as 2022 approaches a common question has become very relevant for all traders and investors ie. which crypto coin should we invest in? India saw a rapid cryptocurrency adoption despite its dry run in the mid-month.
As per reports, India has gone on to take on the global leaders in crypto adoption as more and more Indian are still joining this revolution of digital coins.
New-comers or aspiring investors look for cheap and affordable yet potential cryptocurrencies to invest in. Always keep in mind that there are two sides to every financial market and crypto has its too. The cryptocurrency market is considered to be very volatile as a heavy upswing or a sudden crash with no notice can make or break your portfolio and this is the only reason that people find it very risky yet fascinating.
Many experts believe that owning multiple cryptos will help investors to diversify their investment portfolios and maximize profits. In this article, we have list top affordable coins which you can consider investing in.
Dogecoin
Dogecoin is one of the popular meme coins which came into existence in 2013. Elon Musk calls himself the DOGEFATHER which was recently the reason for its increase in price and popularity.
Market cap: US$23.85 billion
Shiba Inu
Created in August 2020, SHIB has shattered many records in terms of return on investment. Recently Shiba Inu broke into the Top 10 coins overtaking the Dogecoin.
Market Cap: US$20.83 billion
Cardano
Cardano is a research-based cryptocurrency made by engineers, mathematicians, and cryptography experts. Charles Hoskinson who is one of the five initial founding members of Ethereum co-founded this project.
Market cap: US$48.61 billion
SOLANA
Solana is a web-scale blockchain that provides fast, secure, scalable, decentralized apps and marketplaces. The overarching goal of the Solana software is to demonstrate that there is a possible set of software algorithms using the combination to create a blockchain.
Market capitalization: US$61.81 billion
Polkadot
Polkadot is considered the next-generation platform that is building a new era in the scalability of cryptos by connecting them with blockchains and enabling cross-blockchain parachains. DOT is the undisputed champion among altcoins and has upcoming profitable projects for its investors.
Market cap: US$28.57 billion
Polygon
Polygon Matica is a framework and a protocol for building and connecting Ethereum-compatible blockchain networks which aggregates scalable solutions on Ethereum supporting ecosystem.
Market capitalization: US$16.38 billion
VeChain
Vechain is the currency of the VeChain Thor blockchain and it is considered as the perfect choice for investors who want to invest in affordable, yet potential cryptocurrencies. Vechain facilitates the management of supply chains and other business processes.
