What Crypto to Buy Now? 10 Experts Weigh In
In the world of cryptocurrency, it can be overwhelming to determine which coins are worth investing in. With thousands of options on the market, it’s important to do your research and make informed decisions before investing your hard-earned money.
In this guide, we’ll cover some of the top cryptocurrencies to consider buying now, including Bitcoin, Ethereum, Binance Coin, Cardano, Polygon, Dogecoin, Uniswap, Polkadot, Cosmos, NEAR, AXS, SANDBOX, ICP, and MANA.
Bitcoin (BTC)
As the world’s first and most widely recognized cryptocurrency, it’s no surprise that Bitcoin tops the list of coins to consider buying. Created in 2009 by the pseudonymous developer Satoshi Nakamoto, Bitcoin is a decentralized digital currency that allows for peer-to-peer transactions without the need for intermediaries.
One of the main reasons to buy Bitcoin is its strong track record of stability and security. The Bitcoin network is powered by a decentralized network of miners who work to validate transactions and secure the network. As a result, it has proven to be a safe and reliable investment option, with a market capitalization of over $1 trillion.
Another reason to buy Bitcoin is its potential for significant price appreciation. In the past, Bitcoin has seen tremendous price swings, with its value reaching an all-time high of almost $65,000 in April 2021. While there is no guarantee that Bitcoin will continue to rise in value, its strong performance in recent years suggests that it may be a good investment for those looking to hold onto it for the long term.
Ethereum (ETH)
Ethereum is a decentralized, open-source blockchain platform that allows for the creation of smart contracts and decentralized applications (dApps). It was created in 2015 by Vitalik Buterin and has since become one of the top cryptocurrencies in the world.
One reason to buy Ethereum is its role as the platform of choice for many decentralized finance (DeFi) projects. DeFi is a rapidly growing sector of the cryptocurrency market that allows for the creation of decentralized financial services, such as lending and borrowing, without the need for traditional financial institutions. As more and more DeFi projects launch on the Ethereum platform, the demand for Ethereum is likely to increase, potentially leading to price appreciation.
In addition to its use in DeFi, Ethereum is also used as a means of payment for transactions on the Ethereum network. This creates a natural demand for the cryptocurrency, which may contribute to its price appreciation over time.
Binance Coin (BNB)
Binance Coin is the native cryptocurrency of the Binance platform, one of the largest and most popular cryptocurrency exchanges in the world. Binance Coin was created in 2017 and has since become a popular choice for traders and investors.
One reason to buy Binance Coin is its use on the Binance platform. Binance Coin can be used to pay for transaction fees on the platform, which can result in lower costs for traders. This creates a natural demand for the coin and may contribute to its price appreciation.
In addition to its use on the Binance platform, Binance Coin has also gained popularity as a means of payment for goods and services. Many merchants now accept Binance Coin as a form of payment, further increasing its utility and potentially driving its price higher.
Cardano (ADA)
Cardano is a decentralized, open-source blockchain platform that was created in 2015 by Charles Hoskinson, the co-founder of Ethereum. It is designed to be a more secure and scalable alternative to other blockchain platforms, with a focus on delivering smart contracts and decentralized applications.
One reason to buy Cardano is its focus on research and development. The Cardano team is made up of a network of researchers and engineers who are constantly working to improve the platform and add new features. This focus on innovation could lead to the development of new and exciting use cases for the platform, potentially driving the demand and price of Cardano higher.
Another reason to consider buying Cardano is its strong partnerships and collaborations. The Cardano team has partnered with a number of organizations and institutions, including the University of Wyoming and the Georgian Government, to explore the potential use cases for the platform. These partnerships could lead to the adoption of Cardano by a wider audience, further increasing its utility and demand.
Polygon (MATIC)
Polygon, formerly known as Matic Network, is a decentralized, open-source blockchain platform that aims to provide a more scalable and user-friendly alternative to Ethereum. It was created in 2017 and has since gained a strong following in the cryptocurrency community.
One reason to buy Polygon is its focus on scalability. The Polygon platform uses a technique called “layer 2 scaling” to process transactions off the main blockchain, allowing for faster and cheaper transactions. This makes Polygon a potentially attractive option for developers looking to build decentralized applications and smart contracts that require high levels of scalability.
Another reason to consider buying Polygon is its strong partnerships and collaborations. The Polygon team has formed partnerships with a number of organizations, including Coinbase, to explore the potential use cases for the platform. These partnerships could lead to the adoption of Polygon by a wider audience, further increasing its utility and demand.
Dogecoin (DOGE)
Dogecoin is a decentralized, open-source cryptocurrency that was created in 2013 as a satirical take on the explosive growth of Bitcoin and other cryptocurrencies. Despite its origins as a joke, Dogecoin has gained a strong following and has become a popular choice for traders and investors.
One reason to buy Dogecoin is its strong community support. The Dogecoin community is known for its positive and fun-loving attitude, which has helped to drive the adoption and popularity of the coin. This strong sense of community could lead to the continued growth and success of Dogecoin.
Another reason to consider buying Dogecoin is its potential for price appreciation. While Dogecoin has seen significant price swings in the past, it has also experienced periods of strong growth. In early 2021, the price of Dogecoin soared by more than 10,000%, highlighting its potential as an investment option.
Uniswap (UNI)
Uniswap is a decentralized exchange (DEX) that allows users to buy and sell cryptocurrencies directly with each other, without the need for intermediaries. It was launched in 2018 and has since become one of the most popular DEXs in the world.
One reason to buy Uniswap is its strong liquidity. As one of the largest DEXs in the world, Uniswap has a large number of users and a deep pool of liquidity. This makes it easy for users to buy and sell a wide range of cryptocurrencies, potentially making it a good investment option.
Another reason to consider buying Uniswap is its native token, UNI. UNI is used to govern the Uniswap platform and gives holders the ability to participate in the decision-making process. As the adoption and use of Uniswap grows, the demand for UNI is likely to increase, potentially leading to price appreciation.
In addition to its strong liquidity and native token, Uniswap is also highly decentralized, with no central authority controlling the platform. This makes it a potentially attractive option for those looking to invest in decentralized technologies.
Polkadot (DOT)
Polkadot is a decentralized, open-source blockchain platform that aims to provide a more scalable and user-friendly alternative to Ethereum. It was created in 2016 by Dr. Gavin Wood, co-founder of Ethereum, and has since gained a strong following in the cryptocurrency community.
One reason to buy Polkadot is its focus on scalability. The Polkadot platform uses a technique called “parallel chains” to process transactions, allowing for faster and cheaper transactions than other blockchain platforms. This makes Polkadot a potentially attractive option for developers looking to build decentralized applications and smart contracts that require high levels of scalability.
Another reason to consider buying Polkadot is its strong partnerships and collaborations. The Polkadot team has formed partnerships with a number of organizations, including Google Cloud, to explore the potential use cases for the platform. These partnerships could lead to the adoption of Polkadot by a wider audience, further increasing its utility and demand.
Cosmos (ATOM)
Cosmos is a decentralized, open-source blockchain platform that aims to make it easy for developers to build and deploy decentralized applications. It was created in 2014 and has since gained a strong following in the cryptocurrency community.
One reason to buy Cosmos is its focus on interoperability. The Cosmos platform allows for the creation of “zones,” which are independent blockchains that can communicate with each other and share data. This makes it possible for different blockchain platforms to work together, potentially increasing the adoption and use of Cosmos.
Another reason to consider buying Cosmos is its strong partnerships and collaborations. The Cosmos team has formed partnerships with a number of organizations, including Tendermint and ChainGuardian, to explore the potential use cases for the platform. These partnerships could lead to the adoption of Cosmos by a wider audience, further increasing its utility and demand.
NEAR (NEAR)
NEAR is a decentralized, open-source blockchain platform that aims to provide a more scalable and user-friendly alternative to Ethereum. It was created in 2018 and has since gained a strong following in the cryptocurrency community.
One reason to buy NEAR is its focus on scalability. The NEAR platform uses a technique called “sharding” to process transactions, allowing for faster and cheaper transactions than other blockchain platforms. This makes NEAR a potentially attractive option for developers looking to build decentralized applications and smart contracts that require high levels of scalability.
Another reason to consider buying NEAR is its strong partnerships and collaborations. The NEAR team has formed partnerships with a number of organizations, including ChainGuardian and Parity Technologies, to explore the potential use cases for the platform. These partnerships could lead to the adoption of NEAR by a wider audience, further increasing its utility and demand.
AXS (AXS)
AXS is a decentralized, open-source blockchain platform that aims to provide a more secure and scalable alternative to Ethereum. It was created in 2018 and has since gained a strong following in the cryptocurrency community.
One reason to buy AXS is its focus on security. The AXS platform uses a technique called “proof of stake” to validate transactions, which is considered to be more secure than other consensus algorithms. This makes AXS a potentially attractive option for those looking to invest in secure blockchain technologies.
Another reason to consider buying AXS is its strong partnerships and collaborations. The AXS team has formed partnerships with a number of organizations, including ChainGuardian and Parity Technologies, to explore the potential use cases for the platform. These partnerships could lead to the adoption of AXS by a wider audience, further increasing its utility and demand.
In addition to its focus on security, AXS is also highly decentralized, with no central authority controlling the platform. This makes it a potentially attractive option for those looking to invest in decentralized technologies.
SANDBOX (SAND)
SAND is the native token of the SANDBOX platform, a decentralized, open-source platform for creating and playing games. It was created in 2021 and has since gained a strong following in the cryptocurrency community.
One reason to buy SAND is its strong adoption by the gaming industry. The SANDBOX platform has partnered with a number of game developers and publishers, including Atari and Animoca Brands, to explore the use of blockchain technology in the gaming industry. This strong adoption by the gaming industry could lead to increased demand for SAND, potentially driving its price higher.
Another reason to consider buying SAND is its use as a means of payment within the SANDBOX platform. SAND is used to purchase in-game items and services, creating a natural demand for the token. As the adoption and use of the SANDBOX platform grows, the demand for SAND is likely to increase, potentially leading to price appreciation.
ICP (ICP)
ICP is a decentralized, open-source cryptocurrency that was created in 2021 and has since gained a strong following in the cryptocurrency community. It is designed to be a fast and secure means of payment, with a focus on privacy.
One reason to buy ICP is its strong focus on privacy. The ICP platform uses a technique called “zero-knowledge proofs” to validate transactions, allowing for anonymous and secure transactions. This makes ICP a potentially attractive option for those looking to invest in privacy-focused cryptocurrencies.
Another reason to consider buying ICP is its strong partnerships and collaborations. The ICP team has formed partnerships with a number of organizations, including ChainGuardian and Parity Technologies, to explore the potential use cases for the platform. These partnerships could lead to the adoption of ICP by a wider audience, further increasing its utility and demand.
MANA (MANA)
MANA is the native token of the Decentraland platform, a decentralized, open-source platform for creating and experiencing virtual reality (VR) worlds. It was created in 2017 and has since gained a strong following in the cryptocurrency community.
One reason to buy MANA is its strong adoption by the VR industry. The Decentraland platform has partnered with a number of VR developers and companies, including HTC and Samsung, to explore the use of blockchain technology in the VR industry. This strong adoption by the VR industry could lead to increased demand for MANA, potentially driving its price higher.
Another reason to consider buying MANA is its use as a means of payment within the Decentraland platform. MANA is used to purchase in-game items and services, creating a natural demand for the token. As the adoption and use of the Decentraland platform grows, the demand for MANA is likely to increase, potentially leading to price appreciation.
Conclusion
In the world of cryptocurrency, it can be overwhelming to determine which coins are worth investing in. However, by doing your research and considering the factors outlined above, you can make informed decisions and potentially find success in the cryptocurrency market.
Some of the top cryptocurrencies to consider buying now include Bitcoin, Ethereum, Binance Coin, Cardano, Polygon, Dogecoin, Uniswap, Polkadot, Cosmos, NEAR, AXS, SANDBOX, ICP, and MANA. Each of these coins has its own unique features and use cases, and by carefully evaluating these factors, you can determine which coins may be the best fit for your investment portfolio.
It’s important to remember that cryptocurrency investing carries inherent risks, and it’s essential to carefully consider your risk tolerance and investment goals before making any investment decisions. It’s also crucial to diversify your portfolio to mitigate risks and to carefully research and assess the projects and teams behind the coins you are considering.
Overall, by doing your due diligence and making informed decisions, you can potentially find success in the exciting and constantly evolving world of cryptocurrency.