Cryptocurrency has been the most trending term across the globe now. There are always some of the other top cryptocurrencies making great big headlines. And so most of the investors are turning towards these to invest in. For all such investors, here are the top 10 cryptocurrencies to buy this October. So, why late? Let’s see what those top 10 cryptocurrencies to invest in in 2021 in this article.
1 Bitcoin (BTC)
Market Cap: US$1.11T
Bitcoin is the oldest of all cryptocurrencies in the market. It is also the leading cryptocurrency with great value that is higher than other coins. Though BTC has been highly volatile, it still tops the list of the top 10 cryptocurrencies of October. Almost nearly 40% of the crypto share and many businesses accept BTC as a form of viable payments too, smartly and conveniently. The interesting part is that big tech companies such as Tesla have invested about US$1.5 billion and are accepting it as a payment for buying their cars. It is also the best cryptocurrency to invest in.
2 Ethereum (ETH)
Market Cap: US$474.60B
Ethereum is not similar to that of BTC, but it is a network for developers to create their own blockchain projects and cryptocurrencies using the ecosystem of ETH. It comes second in the list of the top 10 cryptocurrencies of October for its high market capitalization value. Most of the users use the Ethereum network for DeFi, DeFi apps, NFTs, and more. This is one of the best cryptos to buy in October.
3 Binance Coin (BNB)
Market Cap: US$75.94B
Binance Coin is made by the biggest cryptocurrency exchanges of the world called Binance for its unique decentralized ecosystem and has had many advantages from increased investor interest in it. BNB is one of the top 10 cryptocurrencies that have a great market value. So you can invest in this one of the best cryptos.
4 Tether (USDT)
Market Cap: US$70.10B
Tether is not similar to other top cryptocurrencies, it is a stablecoin that is backed by fiat currency like US Dollar. It is more stable and consistent than other cryptocurrencies and hence called a stablecoin. It has no ups and downs, there is no point of volatility nor profits or losses. It is more stable making it one of the top 10 cryptocurrencies to buy and invest in this season. This is one of the best cryptos to invest in 2021.
5 Cardano (ADA)
Market Cap: US$64.51B
Even though there are top cryptocurrencies such as BTC and ETH, Cardano has been gaining momentum from the investors as one of the best cryptos to invest in. The unique aspects are that it can complete the transactions in a less energy-consuming manner when compared to other cryptocurrencies. The cryptocurrency is also cheap and is more efficient in its work. Like ETH, it can also enable smart contracts and DApps to build on its network and has an underlying token known as ADA. for all these advantages it becomes one of the top 10 cryptocurrencies to buy in October.
6 Solana (SOL)
Market Cap: US$56.43B
Like ETH, Solana is also a cryptocurrency that makes users comfortable in creating powerful and useful decentralized applications without any mediators. SOL claims to provide both faster transaction speed with lower fees with the help of its PoS and PoH mechanisms. The platform is powered by SOL which is a native token. With its growing demand and market value, it becomes one of the top 10 cryptocurrencies to buy in October.
7 Ripple (XRP)
Market Cap: US$48.56B
This cryptocurrency is designed and created by Ripple Labs. XRP is a payment that can be used on Ripple’s network to provide the exchange of various other top cryptocurrencies and fiat currencies. The main goal of XRP is to allow payments across borders more simply and easily. With its increasing market growth, it becomes one of the top 10 cryptocurrencies to buy in October.
8 Polkadot (DOT)
Market Cap: US$40.40B
Polkadot is a blockchain-powered multichain protocol that enables the cross-chain transfer of any kind of data or asset allowing interoperability between the blockchains that secures the creation of new applications and services. The cryptocurrency uses the PoS mechanism and its own relay chain to enable their true sharing of information and transactions of blockchain in its network. With all the advantages it becomes one of the top 10 cryptocurrencies to buy this season.
9 Dogecoin (DOGE)
Market Cap: US$37.95B
Dogecoin started as a joke, it has gained wide popularity with big celebrities backing the coin. It has witnessed a huge rise with the tweets of Elon Musk. It has been one of the top 10 cryptocurrencies due to its hottest craze in the market. It is for sure given a lot of boost to all the altcoins that were trying to make their name in the crypto market. So it becomes one of the best cryptos to buy in October.
10 ChainLink (LINK)
Market Cap: US$11B
ChainLink is a currency that has gained wide popularity and is an oracle network that enables connected hybrid smart contracts universally attracting many reputed data providers such as Huobi, Brave New Coin, and Alpha Vantage. For this reason, it becomes one of the top 10 cryptocurrencies to invest in.