Altcoins
Most Googled Altcoins; Is it worth buying?
After the introduction of Bitcoin In 2009, the crypto market grew several-fold, becoming an industry with a market cap of $2.24 trillion. Additionally, billions of transactions take place daily for millions of cryptocurrencies. Although Bitcoin is the most popular cryptocurrency, various altcoins also enjoy great popularity among investors.
Additionally, Google searches are a good way to determine the popularity of the altcoin among investors. That’s why let’s discuss some of the most Googled altcoins and whether they are worth buying or not.
Ethereum (ETH)
After Bitcoin, Ethereum is the second most popular blockchain network and number one among millions of altcoins for its amazing features. At the time of writing, the Ethereum Price is in a downtrend, currently trading at $3,307 with a market cap of $404 billion and a trading volume of $17.6 billion. Despite the continued decline, Ethereum is worth buying cryptocurrency, especially with the Ethereum ETF approval.
Solana (SOL)
Solana is the 4th most popular altcoin, after Ethereum, BNB and Tether stablecoin. It has become the most popular network to introduce meme coins to the market, which has become profitable this year. However, the Solana Coins popularity is not visible in the native token, the price performance of SOL. THE SOL Price has been struggling for some time and currently sits at $127.43 with a market cap and trading volume of $58.8 billion and $2.4 billion. Analysts are divided on buying SOL, but this altcoin has climbed as high as $260.06, indicating high growth potential.
XRP (XRP)
XRP is popular for legal disputes between its Ripple network and the SEC, the impact of which is seen negatively on this token. With the fall of the market, the XRP Price is suffering even more these days, as it has fallen to $0.4794, 87% of its all-time high of $3.84 six and a half years ago. Based on this, XRP has been on a downward trend for years, which worries its holders. As the Ripple versus SEC
The dispute is still ongoing and the price has not recovered for so long, many analysts do not include XRP among the best altcoins to buy.
Toncoin (TON)
Toncoin has recently gained popularity thanks to the continued collaboration with Telegram
, a famous social media platform. It is among the few altcoins that have seen big gains this year, outperforming Bitcoin. Toncoin’s price gains have reached 213% year-to-date this year, despite its recent market-driven decline. It is currently valued at $7.37 with a market cap of $18.1 billion and a trading volume of $401 million.
Pepe (PEPE)
PEPE’s popularity increased when it peaked at $0.00000378 last year, but interestingly it increased three times to reach this level in May this year, reaching $0.00001718 . Adding to the previous hype was its splendid performance in May, creating an ever-increasing rise. However, the PEPE Price is down 37%, currently at $0.00001087, with a market cap of $4.5 billion and a trading volume of $739 million. Overall, PEPE has made gains of 19,000%, making it one of the best altcoins to buy.
Altcoins like Gamestop, Bitcoin and others are trending these days and are also on investors’ buying lists. As the crypto market is slow, most altcoins suffer and fall with their prices, providing decent opportunities to buy them cheap, generating high returns when the market turns favorable.
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