Cryptocurrency investing draws many people looking to grow their wealth. But which digital coins offer the best potential? This guide explores the best crypto to buy right now. We’ll look at market leaders like Bitcoin and Ethereum, as well as promising altcoins.
You’ll learn about factors that affect crypto value, including technology, adoption, and market trends. We’ll also discuss types of crypto to invest in and how to buy these coins today.
Key Takeaways:
- The best crypto to buy right now are Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON), Tron (TRX), Chainlink (LINK), and XRP due to established market value, use cases in real life, and large community support.
- The best cryptocurrencies to invest in depending on factors like market cap, technology development, community, niche, and real-world use cases.
- The best crypto exchanges to buy cryptocurrency right now are Bybit, Coinbase, Binance, MEXC, and Kraken, after setting up an account and completing KYC.
Best Cryptocurrencies to Invest Right Now: 7 Top Picks
We have reviewed over 100 popular digital assets based on market value, community, use cases, security, and return on investment (ROI). Here is our list of top 7 coins to buy right now:
- Bitcoin (BTC): Best for long-term storage
- Ethereum (ETH): Best smart contract coin
- Solana (SOL): Best for building meme-coins
- Toncoin (TON): Best for building DApps
- Tron (TRX): Best for fast crypto transactions
- Chainlink (LINK): Best RWA crypto asset
- Ripple (XRP): Best for borderless crypto payments
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Top 7 Crypto Coins to Buy Today ComparedCryptocurrencyMarket CapitalizationCurrent PriceYear-to-Date ReturnsBitcoin (BTC)$1,255,285,507,249$63,507+50.1%Ethereum (ETH)$307,112,658,139$2,544+11.4%Solana (SOL)$70,817,766,164$150.6+47.5%Toncoin (TON)$14,391,808,736$5.6+143.3%Tron (TRX)$13,185,410,569$0.15+40.9%Chainlink (LINK)$7,039,259,346$11.64-22.7%Ripple (XRP)$32,986,219,428$0.58-5.62%
(Data Source: CoinMarketCap, 20 September, 2024)
Best Crypto to Buy Now – Detailed Review1. Bitcoin (BTC)Market CapYear-to-Date ReturnsMain FeaturesWhere to Buy?$1,255,285,507,249+50.1% ROIStore of value, digital goldBinance, Coinbase, Bybit, and more
Bitcoin (BTC) is a decentralized digital currency, alternative to fiat currencies, and the first digital asset created by Satoshi Nakamoto. It enables money sending and receiving without the assistance of governments or banks.
It was introduced in 2009 and runs on the blockchain, a public ledger. Every transaction is publicly documented here. Users utilize cryptography-secured wallets to handle their BTC. Mining is the process of creating new Bitcoins while verifying transactions.
2. Ethereum (ETH)Market CapYear-to-Date ReturnsMain FeaturesWhere to Buy?$307,112,658,139+11.4% ROISmart contract functionality, building DAppsBinance, MEXC, Crypto.com, Coinbase, etc.
Ethereum (ETH) is another best crypto to buy based on smart contracts and building decentralized applications (dApps). Ethereum’s core component is the Ethereum Virtual Machine (EVM). It is a global computer that allows developers to execute code on the blockchain.
Smart contracts on Ethereum are self-executing programs. They run when certain conditions are met, enabling trustless, automated applications. Ethereum operates with a proof-of-stake (PoS) consensus model. Here, validators secure the network by staking ETH. In return, they are rewarded for confirming transactions and maintaining the blockchain’s integrity.
3. Solana (SOL)Market CapYear-to-Date ReturnsMain FeaturesWhere to Buy?$70,817,766,164+47.5% ROIHigh-Performance Blockchain, Low Transaction FeesBinance, Bybit, KuCoin, and Kraken
Solana (SOL) is a blockchain platform designed for speed, scalability, and low costs. It uses Proof of History (PoH) alongside Proof of Stake (PoS) to validate transactions quickly. This setup allows Solana to process thousands of transactions per second. The confirmation of each transaction takes around 400 milliseconds.
The platform supports decentralized applications (dApps) and smart contracts. Developers can build on Solana without depending on centralized servers. SOL, Solana’s native token, is used for fees, staking, and governance.
Solana is also energy-efficient. Each transaction uses the same power as a few Google searches. It is built for mass adoption, making it ideal for industries like decentralized finance (DeFi), NFTs, and gaming. With its low fees and high throughput, Solana is a strong competitor to other blockchains like Ethereum.
4. Toncoin (TON)Market CapYear-to-Date ReturnsMain FeaturesWhere to Buy?$14,391,808,736+143.3% ROIScalable Layer-1 Blockchain, Telegram EcosystemBybit, OKX, Bybit, and more
Toncoin is a decentralized blockchain platform designed to enable fast, scalable, and secure transactions using a proof-of-stake (PoS) consensus mechanism.
One of its key features is sharding. This divides the network into smaller pieces (shards) to process transactions in parallel, enhancing scalability. TON coin is used for various activities on the network, including paying transaction fees, securing the network through staking, and participating in governance decisions. Plus, it is integrated into decentralized applications (dApps) and services on the network.
