Best Cryptos to Buy Now

Best Cryptos to Buy Now: Here you’ll find out the top cryptos to buy today, in the great detail.

There are more than 10,000 cryptocurrencies in the market which are available to trade, invest and purchase. Hence, it is often difficult for people to decide which crypto to invest in, especially for beginners.

Furthermore, there are numerous categories of digital assets available in the market, such as DEX tokens, AI tokens, metaverse tokens etc. In this article, we’ll learn about the top seven categories of cryptos that you can add to your portfolio.

1. Defi

Defi is a class that has the potential to disrupt the financial industry because it can make the financial industry non-custodial and decentralized. Also, Defi coins are like a digital version of fiat coins because these can transfer value during financial transactions.

Here are the top four Defi coins that you can consider buying this year:

Uniswap

Uniswap is a growing network of Defi apps that consists of developers, traders, and liquidity providers collaborating in a financial marketplace that is open and accessible to all. Its Version 3 introduced important changes that made Uniswap much more efficient for liquidity providers and provided enhanced infrastructure and superior execution of trade orders (efficiency and effectiveness).

Below mentioned are three major use cases of the UNI token:

UNI tokens provide the holder with voting power which can be used for the governance of the network.
UNI coins can be used to invest and speculate.
These coins can be used as an excellent alternative to slow and expensive international transfers.

Following is the past performance of the UNI token:

Last 1 week: +0.2%
Last 1 month: -11.9%
Last 6 months: +10.7%

Read more about Uniswap Price Prediction

PancakeSwap

Pancakeswap is the open-source DEX blockchain platform which is built on BSC (Binance Smart Chain). Users can trade BEP-20 tokens using the PancakeSwap platform without requiring any intermediator along with retaining privacy.

The following are the major use cases of CAKE:

CAKE holders can participate in the governance of the Pancakeswap network using the CAKE tokens.
CAKE coins provide the holder with voting power which is proportional to the number of tokens.

Following is the past performance of the CAKE token:

Last 1 month: -9.6%
Last 6 months: -16.2%
YTD: +18.7%

Read more about PancakeSwap Price Prediction

Aave

Aave is another popular Defi platform where users can borrow and lend cryptocurrencies. AAVE is its native token and has the following use cases:

AAVE tokens can be used to govern the platform through voting mechanisms.
Users can stake their AAVE tokens to earn additional income.
AAVE tokens are used as collateral on the Aave network.

Following is the past performance of the AAVE token:

Last 1 week: -1.4%
Last 1 month: -13.4%
Last 6 months: +1.6%

Loopring

Loopring is a protocol which is designed to build decentralized cryptocurrency exchanges. LRC is the native token of Loopring and is an Ethereum-based cryptocurrency. Loopring aims to integrate the centralized order matching to the decentralized on-blockchain order settlement. In this way, it can bring the best aspects of both the exchanges (centralized and decentralized).

Below mentioned are the two main use cases of the LRC token:

LRC token is used for the key operations on the protocol. In other words, people can only operate a decentralized exchange on the Loopring platform with the help of LRC tokens.
Another use of LRC is in the governance of the Loopring ecosystem, where LRC holders can participate in the beneficial actions of the platform.

Following is the past performance of the LRC token:

Last 1 week: +1.5%
Last 1 month: -18.9%
Last 6 months: +12.6%

Read more about Loopring Price Prediction

Avalanche

Avalanche is a blockchain network that provides a platform for decentralized applications.

Using Avalanche, any user can launch a blockchain. It has a safety threshold of 80% which is well above the industry standard of 51%. AVAX works on the Proof of Stake concept and its transactions can be finalized in under 2 seconds, as opposed to Polkadot’s 60 seconds and Bitcoin’s 60 mins.

Two main use cases of AVAX are:

AVAX is used as a currency to collect transaction fees and incentives within the network.
The token can be stalked to secure the Avalanche network.

The following is the past performance of the AVAX token:

Last 7 days: +10.3%
Last 1 month: -17.4%
Last 6 months: -4.2%

Read more about Avalanche Price Prediction

2. Meme coins

Meme coins are the new trend in the market. Recently, many new meme coins have decided to enter the crypto market. For instance, LH Inu, Dogetti etc. The following are the to two meme coins that have established themselves well in this industry.

Apart from being meme tokens, the below-mentioned coins have come up with great real-world utility.

Shiba Inu

Shiba Inu is built on Ethereum Blockchain which provides it with the security and other benefits of Ethereum (unlike its competitor). Moreover, SHIB can also be used to shop on Amazon and pay Netflix Subscription charges.

Unlike Dogecoin, Shiba is an ERC-20 token and is a digital token issued by the Ethereum network. Shiba Inu has a complete ecosystem of tokens and decentralized exchange, contrary to Dogecoin.

The following are the use cases of the SHIB token:

SHIB tokens can be used for merchant payments.
Users can stake their SHIB tokens to earn passive income.

Following is the past performance of the SHIB token:

Last 1 month: -18.5%
Last 6 months: +0.2%
YTD: +34.7%

Read more about Shiba Inu Price Prediction

Dogecoin

Dogecoin is an open-source blockchain that was launched as a mere joke. The makers of the coin have said that the coin is meant to be fun and nothing else. It soon garnered attention after big names like Elon Musk started tweeting about the coin.

Even though Dogecoin has a blockchain, its business model is focused on payment and consumer usage.

The following are the primary use cases of DOGE:

DOGE is frequently used for merchant payments.
Dogecoin can be used as a tipping currency on Twitter and Reddit.

Following is the past performance of the DOGE token:

Last 1 week: +0.4%
Last 1 month: -13.9%
Last 6 months: +25.8%

Read more about Dogecoin Price Prediction

3. Currencies

This is the category of those cryptocurrencies that can be used for payment methods. The top two coins of this category are:

Bitcoin

BTC is peer-to-peer crypto, which means that all the transactions happen between the participants without involving any intermediate party. Bitcoin was invented to facilitate online payments to be sent without requiring a financial institution.

BTC will always hold the distinction because it was the first crypto that came to use in the actual sense.

Following is the past performance of the BTC token:

Last 1 week: +14.1%
Last 1 month: +16.3%
Last 6 months: +45.5%

Read more about Bitcoin Price Prediction

Litecoin

Litecoin is designed with the aim to provide secure, low-cost and fast payments and it leverages the unique features of blockchain to fulfil its purpose. The crypto is built on the BTC protocol but has a different hashing algorithm, block transaction time and hard cap.

Litecoin is the second most popular pure crypto after Bitcoin, which makes it pretty unique in itself.

Following is the past performance of the LTC token:

Last 1 week: -3.7%
Last 1 month: -16.7%
Last 6 months: +51.4%

Read more about Litecoin Price Prediction

4. Gaming tokens

Gaming tokens are those digital assets that are used by the players to buy in-game items while playing the game. These tokens can also be earned by completing various tasks in the game. The following are the top three gaming tokens that you can buy now:

Axie Infinity (AXS)

It is a trading and gaming platform based on blockchain, which is partially operated by its players only.

Below mentioned are two main use cases of AXS:

Axie token holders can stake their AXS tokens to receive regular rewards.
The players can earn non-fungible tokens and cryptocurrencies while playing by staking AXS tokens.

Following is the past performance of the AXS token:

Last 1 week: -0.2%
Last 1 month: -21.4%
YTD: +42.1%

Read more about Axie Infinity Price Prediction

Stepn (GMT)

Stepn is a GameFi platform that combines play-to-earn with a fitness app. The platform’s aim is to revolutionize fitness applications.

The following are the use cases of GMT tokens (STEPN):

Users can use these tokens to level up their sneakers while playing the game.
GMT tokens can be very easily swapped for USDC.
STEPN tokens can be staked to earn passive income.

Following is the past performance of the GMT token:

Last 1 week: -2.4%
Last 1 month: -9.2%
YTD: +73.5%

Enjin Coin (ENJ)

Enjin is an ecosystem of interconnected blockchain-based games and ENJ is its native token. Below mentioned are the two main use cases of ENJ:

ENJ is a store of value that can be used to back the value of NFTs.
ENJ allows the developers to tokenize the in-game assets on Ethereum.

Enjin is tradable like other cryptocurrencies but also focuses on games, NFTs and other different assets on the platform. The platform allows the very easy creation of games and items.

Following is the past performance of the ENJ token:

Last 1 week: -8.1%
Last 1 month: -18.5%
YTD: +63.7%

5. Metaverse tokens

Metaverse is a term that describes the combination of reality and virtual reality worlds which we can access through a browser. In Metaverse, people can have real-time experiences and interactions. In simple words, the Metaverse is similar to virtual reality games.

Metaverse is gaining much attention since the last year and there are plenty of metaverse coins listed to trade. Hence, we have come up with the 3 best metaverse coins that you can add to your portfolio.

Sandbox

Sandbox is a virtual reality game based on blockchain that allows users to build, sell and buy digital assets. Two main use cases of SAND are:

SAND tokens facilitate the users to undergo various transactions during the gameplay, such as purchasing LAND.
SAND holders can stake the token to participate in the governance of the platform.

Following is the past performance of the SAND token:

Last 1 week: +1.8%
Last 1 month: -16.1%
YTD: +71.6%

Read more about Sandbox Price Prediction

Decentraland

Decentraland is the first virtual reality system based on decentralization allowing users to interact and communicate, which makes it special in its niche.

Unlike Sandbox, Decentraland’s mission is to expand the network beyond gaming and thus, it focuses more on user-generated art and content. Hence, MANA is one of the best metaverse coins to invest in.

The following are the two main use cases of MANA:

MANA holders can vote on the LAND auctions, and policy updates to improve the Decentraland platform.
MANA tokens can be used to customize the avatars by the users and to explore the metaverse.

Following is the past performance of the MANA token:

Last 1 month: -15.0%
Last 6 months: -15.4%
YTD: +105.4%

Gala

Gala games offer an array of blockchain games and provide the players control over their games by owning NFTs. Two main use cases of GALA are:

GALA tokens are used to purchase the in-game items i.e., NFTs in the gameplay.
GALA tokens are used as a mechanism to incentivize the players.

Following is the past performance of the GALA token:

Last 1 week: +1.7%
Last 1 month: -7.5%
Last 6 months: +2.8%

6. Blockchain platforms

Blockchain platforms provide tools to create a public ledger. Using these platforms, developers can create smart contracts and other novel use cases. The following are the top seven cryptos in this category:

Ethereum

Ethereum blockchain facilitates the execution of decentralized smart contracts. The network hosts many other cryptos via its ERC-20 compatibility standards.

Ethereum is the second-largest cryptocurrency in terms of market capitalization. Moreover, it also provides a platform to develop dApps and hence, over 75% of the total Decentralized applications are built on Ethereum.

The Ethereum blockchain is designed to allow the execution of smart contracts, which was an innovation and helped increased the benefits of smart contract technology.

The following are the primary use cases of ETH tokens:

ETH tokens are used to pay transaction fees on the Ethereum network.
ETH tokens can be staked by users to earn passive income.

Following is the past performance of the ETH token:

Last 1 month: +3.4%
Last 6 months: +32.6%
Last 1 year: +47.3%

Read more about Ethereum Price Prediction

Solana

Solana is a blockchain platform that aims to provide Defi solutions. It uses an innovative hybrid consensus model (proof-of-history combined with the proof-of-stake algorithm) to help small-time traders.

Solana blockchain is primarily known for its short processing time and high speed transactions. SOL is the native token of the Solana blockchain.

The following are the primary use cases of SOL tokens:

SOL token holders can stake their tokens to receive rewards.
SOL tokens are used to pay various fees on the Solana blockchain, including transaction fees.

Following is the past performance of the SOL token:

Last 7 days: +13.4%
Last 1 month: -17.2%
Last 6 months: -35.5%

Cardano

Cardano (ADA) is a blockchain platform whose motive is to create a more transparent and secure platform for users.

The platform is able to process transactions pretty faster and with fewer transaction fees compared to the Ethereum blockchain. It also consumes very much energy compared to Ethereum.

Moreover, Cardano is a cheaper investment if you are looking for crypto under $10. The following are the primary use cases of ADA tokens:

ADA tokens are used to pay transaction fees on the Cardano blockchain.
Users can earn more tokens by staking ADA coins.
ADA token holders can participate in the governance of the platform through voting processes.

Following is the past performance of the ADA token:

Last 7 days: +14.6%
Last 1 month: -7.6%
Last 6 months: -19.2%

Read more about Cardano Price Prediction

Algorand

Algorand is the blockchain platform supporting a wide range of applications. The network’s aim is to speed up transactions and improve efficiency. ALGO is the native token of the platform.

The following are the primary use cases of ALGO tokens:

ALGO tokens are used to pay for the transaction fees on the Algorand platform.
Users can purchase on-chain items like NFTs using ALGO tokens.
ALGO tokens can be staked to earn rewards up to 6% APY.

Following is the past performance of the ALGO token:

Last 7 days: +6.8%
Last 1 month: -23.6%
Last 6 months: -45.5%

Read more about Algorand Price Prediction

Polygon

Polygon is a platform made for Ethereum scaling and infrastructure development.

The Polygon network is used to create ZK rollup chains, optimistic rollup chains and stand-alone chains. It has the potential to transform Ethereum into a multichain system or the Internet of Blockchains.

The following are the use cases of MATIC tokens:

MATIC token holders can participate in the platform’s governance.
MATIC tokens are used to pay the transaction fees on the Polygon Network.
Users can stake their MATIC tokens to earn more tokens n return.

Following is the past performance of the MATIC token:

Last 7 days: +0.8%
Last 1 month: -23.8%
Last 6 months: +44.5%

Read more about Polygon Price Prediction

Polkadot

Polkadot is the multichain protocol connecting a network blockchain. The network facilitates the cross-chain transfer of any digital asset. The platform is also capable of updating its codebase through on-chain governance.

The following are the primary use cases of DOT tokens:

DOT tokens are used to govern the Polkadot network through voting Mechanisms.
DOT tokens can be staked to earn more DOT tokens.

Following is the past performance of the DOT token:

Last 7 days: +4.9%
Last 1 month: -18.4%
Last 6 months: -4.4%

Read more about Polkadot Price Prediction

Tron

Tron is a blockchain-based operating system that aims to provide complete ownership to digital content creators.

Tron primarily aims to revolutionise digital content sharing and entertainment. In other words, its motive is to create a digital content entertainment platform which can help users to share their digital content easily and cost-effectively. With Tron, artists can completely own their content and share that without worrying about transaction fees.

The following are the use cases of TRX tokens:

TRX tokens are used to pay the creators to share their content on the Tron platform.
TRX token holders can vote on various proposals to participate in the network’s governance.

Following is the past performance of the TRX token:

Last 7 days: -5.2%
Last 1 month: -13.7%
Last 6 months: +2.9%

7. AI Tokens

AI tokens are cryptocurrencies that provide users access to Artificial Intelligence. Thus, users can use these AI tokens to pay for AI services and projects. The following are the top two cryptos in this domain:

Fetch.AI

Fetch.AI is a platform that uses autonomous software agents to create the digital representation of the real world.

FET is the platform’s native token and has the following use cases:

FET tokens are used to carry out various transactions on the Fetch.AI network.
FET token holders can get access to various ledger-based AI algorithms.

Following is the past performance of the FET token:

Last 1 month: -5.7%
Last 6 months: +371.9%
Last 1 year: +14.9%

Read more about Fetch.AI Price Prediction

SingularityNET (AGIX)

Singularity NET is an AI development platform that connects AI tools to a marketplace. Thus, the platform makes the existing AI tools accessible to developers and businesses. AGIX is the native token of SIngularityNET.

The following are the primary use cases of AGIX:

AGIX tokens can be used to purchase various services on the platform.
AGIX holders can participate in the governance of the platform through voting processes.

Following is the past performance of the AGIX token:

Last 1 week: +0.2%
Last 1 month: +20.9%
Last 6 months: +19.7%

Read more about SingularityNET Price Prediction

The social products allow users to send encrypted messages over various platforms. Here are the top two social platforms and their tokens that users can consider buying this year:

Mask Network (MASK)

Mask Network provides a protocol using which users can send messages over Facebook and Twitter. The primary purpose of the platform is to provide a bridge between a decentralized network and the internet.

MASK is the native token of the Mask Network and the following are its primary use cases:

MASK tokens can be staked by users to earn passive income.
MASK token holders can participate in the governance of the platform through voting mechanisms.

Following is the past performance of the MASK token:

Last 1 month: +21.0%
Last 6 months: +312.1%
Last 1 year: +139.6%

Read more about Mask Network Price Prediction

Status (SNT)

SNT is another social token which governs the Status platform. Status is a decentralized browser incorporating a messaging system. Using this platform, users can interact with Dapps running on the Ethereum network.

The following are the primary use cases of the SNT tokens:

SNT tokens are used to incentivize the participants to run a node i.e., users can stake their SNT tokens to get rewards.
The token allows its holders to participate in the governance of the network.

Following is the past performance of the SNT token:

Last 1 week: +4.2%
Last 1 month: -7.6%
Last 6 months: -11.4%

9. DEX tokens

Decentralized exchanges are the platforms where users can get access to various cryptocurrencies without requiring any intermediary. Thus, DEX platforms offer P2P token swaps through the use of blockchain technology. The following are the top most cryptos in the category:

SushiSwap

SushiSwap is an AMM that uses smart contracts and creates markets for any token pairs. The network aims to diversify the AMM market and add extra features to the platform. For instance, increased rewards for the participants. SUSHI is the native token of the SushiSwap platform:

The following are the primary use cases of SUSHI tokens:

SUSHI tokens can be staked to earn rewards in return.
SUSHI token holders can participate in the network’s governance.

Following is the past performance of the SUSHI token:

Last 7 days: -4.1%
Last 1 month: -28.2%
Last 6 months: -0.3%

Read more about SushiSwap Price Prediction

Orca

Orca is the general-purpose Automated Maker Machine which was launched on Solana network. Users can perform various functions on the platform such as swapping assets and providing liquidity.

The primary aim of the Orca network is to bring Defi to everybody. ORCA is its native token and the following are the primary use cases of ORCA tokens:

ORCA tokens are required to perform trading activity on the Orca network.
Orca token holders can vote on various proposals to govern the network.
Users can stake their ORCA tokens to receive passive income.

Following is the past performance of the ORCA token:

Last 1 month: -37.4%
Last 6 months: -37.2%
Last 1 year: -44.6%

10. CEX tokens

Centralized exchanges are platforms that provide various services including crypto trading, account services etc. These are the primary platforms for buying and selling cryptocurrencies. The following three are the major cryptos in this category:

OKB

OKB crypto was launched by OK Exchange, which is one of the major crypto exchanges across the globe. The following are the primary use cases of OKB tokens:

OKB token holders get various discounts on the OKX platform.
OKB tokens can be used to purchase NFTs on the platform.
Users can stake their OKB tokens using OKX Earn Savings Product in order to earn rewards.

Following is the past performance of the OKB token:

Last 1 month: -13.5%
Last 6 months: +207.4%
Last 1 year: +132.9%

UNUS SED LEO

iFinex, the parent company of Bitfinex, founded UNUS SED LEO for the purpose of recovering its lost funds. The company aims to gradually buy back the LEO tokens from investors until no tokens are left in circulation.

The following are the primary use cases of LEO tokens:

LEO token holders get discounts on various fees on the network.
LEO tokens can be staked to earn passive income.

Following is the past performance of the LEO token:

Last 7 days: +0.1%
Last 1 month: +0.8%
Last 6 months: -20.5%

Read more about UNUS SED LEO Price Prediction

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.