There has been a lot of interest in the global crypto market capitalisation. A second point that cannot be overlooked is that the world of cryptocurrencies is expanding faster than anyone could have imagined. There are many reasons why investors have shown an interest in cryptocurrency investment, including higher returns, exponential growth, and portfolio diversification. On this note, if you are looking for the top 10 cryptocurrencies to gift this December holiday season, you have come to the right place. Check out the 11 best cryptocurrencies you should invest in this holiday season.
- Bitcoin
Bitcoin has been in the market for the longest time now. With Bitcoin’s market cap and volume that’s much higher than any other investment options, investors are naturally attracted towards it. Bitcoin is widely accepted as payment as well, thereby attracting corporate investors from every corner of the world.
- Ethereum
Ethereum has gained popularity by not just being the second-highest cryptocurrency by market capitalization but also as an Ethereum network that allows developers to create their own cryptocurrency. Though this cryptocurrency came years after Bitcoin, its dominance and uniqueness grabbed eyeballs.
- Cardano
What can get better than investing in a cryptocurrency that is packed with advantages including less energy consumption, faster and cheaper processing? Well, these are the features exhibited by Cardano. Claiming to be more adaptable and secure, Cardano has definitely excelled at winning the trust of the investors.
- Polkadot
Polkadot is different from other cryptocurrencies in that it has multiple lanes for completing transactions instead of just one. The main goal of this cryptocurrency was to reward genuine investors and remove people who are just trading on the stock market to make quick money.
- Tether
Tether is a go-to cryptocurrency for all those investors who are looking for a safe investment in the cryptocurrency market. It is often thought to be the best investment option for those who are not willing to take much risk due to how volatile the cryptocurrency market is.
- Binance coin
Binance coin is among the cryptocurrencies that has shown steady growth for quite some time now. It is because of this why it is considered to be one of the more stable investment options, posing fewer risks.
- Chainlink
Chainlink’s value has seen a significant increase in its value thereby opening doors for growth in the coming days. Also, Chainlink has served to be one of the most easily accessible cryptocurrencies. This is yet another reason as to why the investors are inclined towards the same.
- Litecoin
Litecoin grabbed attention from every corner of the world by being the first cryptocurrency to complete a Lightning Network transaction that merely took a second to complete. This cryptocurrency boasts of completing the transactions faster than Bitcoin which is why this making it to the list of the top cryptocurrencies doesn’t seem to surprise anyone.
- Ripple
Ripple, a company that unveiled the XRP token, came into the limelight by offering the completion of the international transaction in a matter of a few seconds. Also, how can one not talk about Ripple’s contracts with big banks around the world? This ultimately throws light on how good of an investment option it is.
- Stellar
Stellar is that one cryptocurrency that has evolved to serve as a bridge between banks and blockchain networks. In addition to its ability to convert any currency and trade it across channels, it also makes these transactions cheaper and faster.