Top 10 Cryptocurrencies To Buy Now [2022]

Cryptocurrencies are gaining immense popularity among investors as an alternative asset class to the stock market, gold, and real estate. If you are new to the crypto world and are wondering about the best cryptocurrency to buy, then worry no more! This extensive guide will give you an overview of the top 10 cryptocurrencies to buy right now.

The most common cryptocurrencies we hear about are Bitcoin, Ethereum, Shiba Inu, Solana, and Dogecoin. While these are the most talked about cryptos in the world, these are not the only ones. There are thousands of more cryptocurrencies that we just don’t talk about.

To begin your journey as a crypto investor, here is a list of the best cryptocurrencies to buy today.

Table of Contents

    1.) Bitcoin (BTC)

    Market Capitalization$894 Billion
    Current Price$47,100
    Max Supply21,000,000
    Circulating Supply18,998,350
    Investment RiskHigh
    As of April 1, 2022

    Bitcoin is the first ever cryptocurrency to come into existence. It was created in 2009 and remains one of the best cryptocurrency to invest in to date. It was created by Satoshi Nakamoto. The name Satoshi is a pseudonym and the actual person behind Bitcoin is not known to the world.

    Blockchain enthusiasts and investors respect Satoshi Nakamoto a lot. There is an entire Island named after him: The Satoshi Island. The price of Bitcoin has been the center of attention for over two years now. The price has rallied from $500 in May 2016 to $47,000 in April 2022.

    The overall cryptocurrency market is dictated by Bitcoin and hence it is a sensible decision to make your first crypto investment into BTC.

    2.) Avalanche (AVAX)

    Market Capitalization$25.4 Billion
    Current Price$95
    Max Supply
    Circulating Supply267,272,567.77
    Investment RiskHigh
    As of April 1, 2022

    Avalanche is amongst the top 10 cryptos to invest in. It was created in the same year as Bitcoin and has a market capitalization of over $25 billion today. But what is so special about AVAX?

    Avalanche is a smart-contract crypto that offers higher security in transactions, is eco-friendly, uses less electricity in transactions, and is speedier in settling transactions. The Avalanche network can process over 6,000 TPS (transactions-per-second).

    In comparison to Ethereum, the latter executes 14 TPS and takes up to six minutes to settle. However, Ethereum (ETH) is a great crypto to buy now as well and makes the #3 on our list of cryptocurrencies to invest in.

    3.) Ethereum (ETH)

    Market Capitalization$407.4 Billion
    Current Price$3,388
    Max Supply
    Circulating Supply120,178,122
    Investment RiskHigh
    As of April 1, 2022

    Ethereum is currently the second largest cryptocurrency by market capitalization. So if you have been asking yourself ‘which crypto to buy?’, think no more.

    Ethereum comes in the top three of our list of best cryptos to buy now. The specialty of ETH lies in its powerful smart-contracts frameworks. The ETH blockchain is a favorite amongst program developers and NFT enthusiasts. It has many real world applications and is seeing massive adoption among different industries.

    4.) Solana (SOL)

    Market Capitalization$39 Billion
    Current Price$120
    Max Supply
    Circulating Supply325,243,869
    Investment RiskHigh
    As of April 1, 2022

    Solana already hosts more than 500 DApps on its blockchain network. The reason why SOL is a great crypto to invest in are: a.) High Security b.) Real-world application c.) Six-times increase in value in less than a year

    Solana blockchain is also heavily invested and active in the NFTs space. As more and more NFTs arrive to the DeFi scene, Solana blockchain inevitably will be the house to many NFT Collections. For instance, the Phanta Bear NFT collection.

    The cryptocurrency was created just two years ago in 2020. To date, it has given a return of more than 13,000%.

    5.) XRP (XRP)

    Market Capitalization$41.4 Billion
    Current Price$0.8618
    Max Supply100,000,000,000
    Circulating Supply99,989,656,524
    Investment RiskHigh
    As of April 1, 2022

    XRP is the native coin of digital payments processing company Ripple Labs Inc. It was launched in 2012 and has given massive returns to investors to date. After SOL, XRP is the best cryptocurrency to buy.

    XRP uses its own XRP ledger for transactions settlement and is certainly a sound crypto investment to make. The cryptocurrency was exclusively built for payments and can make global transactions faster, efficient, and secure.

    6.) Cardano (ADA)

    Market Capitalization$40.2 Billion
    Current Price$1.19
    Max Supply45,000,000,000
    Circulating Supply33,739,161,873
    Investment RiskHigh
    As of April 1, 2022

    Cardano uses a PoS (Proof-of-Stake) framework rather than PoW (Proof-of-Work). This makes the crypto eco friendly and a great alternative to Bitcoin.

    To kick start your crypto investment portfolio, Cardano is definitely a crypto that you should keep an eye at. It generated over 12,000% returns for investors from February 2017 to March 2022.

    Recently, LBRY joined Ripple by trying to rally with the industry against the SEC, claiming that the regulator’s enforcement actions would jeopardize other blockchain projects.

    7.) Binance Coin (BNB)

    Market Capitalization$72.8 Billion
    Current Price$441
    Max Supply165,116,760
    Circulating Supply165,116,760
    Investment RiskHigh
    As of April 1, 2022

    Binance Coin (BNB) is associated with the biggest crypto exchange on the planet – Binance. It is a cryptocurrency created by the crypto exchange Binance and is used for the purpose of trading and fee payments on the platform.

    Upon its launch in 2017, BNB was trading at $0.10. In April 2022, the price of Binance Coin is over $400. The future prospect of the cryptocurrency is very bright and makes for a profitable crypto to invest in.

    8.) Terra (LUNA)

    Market Capitalization$37.6 Billion
    Current Price$105
    Max Supply
    Circulating Supply355,033,218.75
    Investment RiskHigh
    As of April 1, 2022

    Terra currently stands at the 9th position in the ranking of cryptocurrencies as per market cap. According to our research, it a the best cryptocurrency to buy and hold, after the afore-mentioned seven tokens.

    According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.

    The real world applications of Terra (LUNA) make it an excellent crypto to buy right now.

    9.) Tether (USDT)

    Market Capitalization$81.9 Billion
    Current Price$1.00
    Max Supply
    Circulating Supply85,505,592,205
    Investment RiskLow
    As of April 1, 2022

    The value of USDT is pegged to the fiat currency US Dollar’s value. It is a stable coin and sees relatively way less volatility than other cryptos in the market.

    Investors who are averse to market volatility and high degree of uncertainty can invest in Tether. The people of Turkey are particularly optimistic about the stable coin Tether, here’s why.

    10.) Polkadot (DOT)

    Market Capitalization$37.6 Billion
    Current Price$105
    Max Supply
    Circulating Supply355,033,218.75
    Investment RiskHigh
    As of April 1, 2022

    This layer-zero blockchain offers many utility cases to investors. Polakdot enables different blockchain networks to integrate and communicate with one another.

    Polkadot uses a PoS (Proof-of-Stake) framework in its operations and aims to be a scalable project for smart contract blockchains. It is the final cryptocurrency on our list of best cryptocurrencies to buy.

    Conclusion

    The best time to start investing in cryptocurrencies was 2 years ago, the second best time is now. So waste no more time and get your crypto investments started. The best cryptocurrency to buy is not going to be a single token but a portfolio of 7-8 cryptos.

    The afore-mentioned are the best cryptos to invest today. If you would like to keep yourself updated with the latest happenings in the world of DeFi, Crypto, and NFTs, Entertainment, then the Monthly Clout Newsletter is for you.

    Disclaimer: This article is intended for educational purposes only and is not financial advice. In no way, shape, or form is Clout News responsible for losses arising from investments in the cryptocurrencies mentioned in this article.