In this article, we will understand all about the fastest growing cryptocurrency in the world.
With the increasing rate of crypto usage today, many cryptocurrencies have made major strides and surged in percentage and price.
There are also many whose market cap and volume have drastically improved and increased in recent times.
The crypto industry has birthed many inventions and creative ways to finance with innovations like total decentralization, smart contracts, and decentralized apps for transactions and exchanges, the DeFi platforms, and blockchains.
The coin market has been worth more than $2 trillion since its inception back in the days, and this is a significant rise in its value as it started very low and some without value in its early days.
There are many coins and tokens in the coin market, and this can be a lot to choose from as many companies, groups, and individuals have their projects live and active and can be traded on different exchanges and trading platforms.
It is very vital to understand the necessary information about these cryptos and their predictions and tendencies to move higher in the coin market and gain even more investors’ attention and interest in the crypto market and exchanges:
List of 10 Best Cryptocurrencies to Invest In 2023 for Short-Term
When talking about crypto, it’s always vital to make mention of the “King” of all coins, cryptos, and tokens in the coin market today.
The Bitcoin arrival in 2009 changed the face of the financial market forever, and this also made the technology of cryptocurrency even more successful in the world.
Bitcoin now has a market capitalization of 1 trillion dollars and is ranked as the number one coin on CoinMarketCap and other coin information platforms.
Bitcoin has a total supply of 21 million coins in circulation and is priced at $61,009 when writing this article.
The Ethereum coin is another token that has made it clear that cryptocurrency has come to stay and is a force to be reckoned with in the cryptocurrency market in the world.
The coin rise in 2015 and its common ground on Decentralized finance or DeFi has made it even more of a force, also tucking at Bitcoin’s share.
Ethereum has a market capitalization of $503 Billion and is ranked as the second-highest coin on CoinMarketCap.
Ethereum is priced at more than $4000 at the time of writing this article.
This coin with a strong blockchain and project base has become a significant token on the coin market today.
With a 0.015 market share during the early days of 2021, the SOL project has come a long way in value and percentage growth in all aspects.
The Solana project has also become a major force and leading project in Decentralized finance. This means users can create a decentralized application called DApps for short, which means no need for intermediaries in trading and encage.
This cancels out brokers, banks, and exchanges as users have full control over their funds and finance system.
Solana has a total supply of 507 Million with a circulating supply of about 301 Million.
As of writing this article, the Solana coin is priced at $200 on CoinMarketCap and has a head rank of #6 on the platform.
Another important cryptocurrency to invest in for short-term include:
- Binance Coin
- Shiba Inu
People Also Read:
List of 10 Fastest Growing Cryptocurrency for 2023
Additionally, here is a list of the fastest growing cryptocurrency for 2023, which investors need to know and to make maximum profit from their investments:
- Shiba Inu
- Bitcoin Cash
What are your thoughts on the fastest growing cryptocurrency and cryptocurrency in general? Share your views and thoughts on cryptocurrencies using the comment section.
Christopher is a highly skilled writer who possesses a deep understanding of the interplay between financial markets and technology. His goal in writing is to deliver expert analysis through written content that is easy for readers to comprehend.
With a keen interest in cryptocurrencies and the blockchain industry, he has been among the earliest contributors to the Coin Decimal Crypto Blog.
- CryptocurrencySeptember 27, 2023Is Dogecoin Dead? Read the Facts about Dogecoin Here
- Personal FinanceSeptember 25, 2023How to Buy & Sell Gold in Australia: The Beginner’s Guide
- CryptocurrencySeptember 25, 202310 Best Coin Dealers in Melbourne
- Personal FinanceSeptember 25, 2023How to Get Free Coin Master Spins