Crypto assets have been in the news a lot of late and are becoming a popular asset class to invest in. But, there are so many cryptos out there that it can be quite difficult to decide the best crypto to invest in.
This article provides you with a list of the top crypto assets in India. It gives you an overview of each crypto asset and the features that make them stand out from the rest.
Here Are the Top Ten Winners
A Crypto asset is a digital currency that uses cryptography to secure transactions and control the creation of new units. There are over 1,300 cryptos in circulation today. Buying your first crypto coin is not easy because there are so many options and it can be confusing.
We will provide you with some useful tips on how to buy your first crypto coin without getting scammed or losing all your money.
1. Algorand (ALGO)
Algorand aims to address the issues plaguing blockchain networks, using a novel approach for consensus and leadership. With a PPoS network, Algorand uses a modified version of Nakamoto consensus that has been optimised for ‘trustless computing’.
This means that there is no need to trust in other miners/blockchains/nodes to produce blocks, as they are all verified by the entire network.
2. Shiba Inu (SHIB)
In addition to the growth of digital assets, a new trend is emerging: cryptos that are based on popular culture. SHIB is an example of this new trend. Shibas are one of the most famous dog breeds in Japan. They were also on the top 10 list of trending topics on Reddit. This helped SHIB achieve an explosive price boost from October 2021 onward.
This meme coin is becoming a popular means of payment on social media networks that have gained traction in the last few years. Unlike other cryptos, SHIB is not limited to a single platform, so it’s convenient to use as an everyday currency.
3. Lucky Block (LBLOCK)
Altcoins are a term that refers to crypto assets other than Bitcoin. With the number of cryptos on the market today, it is difficult for investors to choose which altcoin is likely to succeed. Lucky Block has been popular with investors because this crypto platform seeks to revolutionise the lottery industry by offering an innovative and easy-to-use platform for crypto users.
Lucky Block is a blockchain-based lottery that uses smart contract technology to make sure everyone has the opportunity to win. There are two main components to their platform: the Lucky Block token and the lottery itself.
The team behind Lucky Block is dedicated to developing software that can be used across multiple industries and platforms, one of which is turning traditional lotteries into transparent, fair games.
Read About: Best Gaming Crypto Coins to Invest in 2022
4. Curve (CRV)
Bitcoin is usually associated with volatility and can be difficult to use for everyday transactions. Curve’s decentralised exchange allows for the easy and secure exchange of crypto. The DEX has over $14 billion in value, placing it as the 2nd largest DeFi project according to DeFi Pulse data.
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Curve is a new crypto-based lending platform that offers an alternative way to invest in crypto assets. Unlike traditional asset classes, investors can cash out their investments immediately. With Curve, you’re able to buy cryptos as if you were buying shares in a company and then lend it out as well.
5. Ethereum (ETH)
Ethereum has become the second most popular crypto asset in recent years due to its spectacular rise in popularity. It is also commonly used by blockchain firms that enable developers to build dApps on the network. The potential of Ethereum far surpasses other cryptos, and many believe it could replace Bitcoin as the world’s most popular crypto.
Ethereum is set to make a big transition. In a bid to reduce transaction fees and speed up the network, Ethereum 2.0 will switch from Proof of Work to Proof-of-Stake.
6. Cardano (ADA)
Cardano is one of the most promising blockchain networks, having recently been named a top-three crypto asset by CoinMarketCap. Although it has had a tough few months, this open-source platform has excellent prospects and continues to grow in market capitalization.
Read About: Can Cardano take over Ethereum
It was designed by expert academics and has been constantly undergoing rigorous peer review to ensure that it is a safer option for businesses than other blockchain networks.
7. Stellar (XLM)
Stellar is a crypto asset that was created to solve the problems of both global financial institutions and individuals across the world. Stellar is a great investment because it’s decentralised and has a use case.
With near-instant transaction times and low fees, Stellar is one of the best crypto assets this year. It’s a platform that allows fast payments to be sent anywhere – across different currencies.
8. Ripple (XRP)
Ripple is a San Francisco-based company that offers faster and cheaper money transfers than banks. It connects banks, payment providers, digital asset exchanges, and corporations intending to create global payment networks. RippleNet is one of the three flows in the Ripple platform which includes xCurrent and xRapid.
Read About: Ripple vs SEC
XRP was created by Ripple in 2012 to reduce costs and increase speed on their network. Cross-border payments are expensive and time-consuming. The traditional system includes money transfers through the SWIFT network, which can take days for the funds to be transferred. However, Ripple’s blockchain can speed up this process.
Moreover, crypto payments such as XRP are instantaneous – an important factor for cross-border transactions in today’s market.
9. Decentraland (MANA)
Decentraland is an open virtual world where users can create their own virtual reality spaces. Unlike other blockchain projects, this one is focused on creating a platform where there are no central servers, no middlemen, and no rules.
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As the technology of virtual reality gains momentum and as more people switch to engaging with virtual worlds, a growing number of companies will also enter this space. This is not surprising, given that there are still many opportunities for businesses in the Metaverse.
10. Aave (AAVE)
Aave is a company that facilitates the use of decentralised capital and smart contracts to help companies raise funds. With the use of Aave, companies can create liquidity pools with different interest rates and collateral ratios.
It allows users to lend and borrow crypto assets with ease, providing a platform for the growth of the crypto market. This protocol is considered by numerous analysts to be the best new crypto within the Defi space.
We are happy to inform you that ZebPay is the best place for you to buy and sell Bitcoins in India.
ZebPay offers a secure and reliable platform where you can make transactions happen quickly and easily. It is also the easiest way for Indians to diversify their wealth into crypto assets without worrying about price volatility. If you are looking for a step-by-step guide on how to transfer funds.