From Bitcoin and Ethereum to Solana and Tether coin, the thousands of different cryptos coins can be overwhelming when you’re first starting in the crypto world. To help you decide your direction, here are the top Cryptocurrency coins to invest in in the future based on their market capitalization, or the total value of all coins currently circulating.
What Is Cryptocurrency?
Cryptocurrency is a digital payment system based on blockchain technology that does not rely on a central authority, such as a government or bank, for its maintenance or operation. As of August 2024, there are over 8,000 cryptocurrencies in the market, representing a $2.36 trillion market capitalization.
Which Cryptocurrency coins are best for the future?
In the current scenario, the crypto sector offers a wide range of possibilities. Here are the top cryptocurrency coins to invest in in the future based on their market capitalization, or the total value of all coins currently circulating.
| Cryptocurrency | Price | Market Capitalization |
| Bitcoin (BTC) | $64.33K | $1.20 trillion |
| Ethereum (ETH) | $2.76K | $321.50 Billion |
| Tether (USDT) | $1.00 | $117.02 billion |
| Binance Coin (BNB) | $579.85 | $82.97 billion |
| Solana (SOL) | $154.70 | $68.67 billion |
| U.S. Dollar Coin (USDC) | $1.00 | $35.01 billion |
| Ripple (XRP) | $0.61 | $34.08 billion |
| Toncoin (TON) | $6.72 | $17.23 billion |
| Dogecoin (DOGE) | $0.11 | $15.35 billion |
| Cardano (ADA) | $0.39 | $12.36 billion |
Bitcoin (BTC): YTD: 133.47%
Bitcoin (BTC) is the first cryptocurrency, created in 2009 by Satoshi Nakamoto. BTC runs on a blockchain or transaction-logging ledger that is distributed across a network of thousands of computers.
The price of Bitcoin has soared since it became a home name. In May 2016, you could buy one bitcoin for around $500. As of August 2024, one bitcoin is worth $64.33K, so this coin is best for the future.
Ethereum (ETH): YTD: 59.76%
As both a cryptocurrency and a blockchain platform, Ethereum is a favorite of program developers for its potential applications. Since the launch of Ethereum, Ether as a cryptocurrency has become the second-largest cryptocurrency by market capitalization after Bitcoin.
Ethereum has also experienced remarkable growth.
- April 2016: around $11
- July 2024: Around $3,409, an increase of 30,893%.
- As of August 24, 2024, the price of ETH is $2.76K.
Tether (USDT): YRD: 0.05%
Tether (USDT) is a stablecoin, meaning it is like by fiat currencies such as the US dollar and the euro and hypothetically holds a value equal to one of these denominations..
Moreover, Tether is preferred by investors who are wary of the extreme volatility of various coins. As of August 2024, the price of USDT is $1.00.
Binance Coin (BNB): YTD: 163.50%
Binance Coin (BNB) is a kind of cryptocurrency that you can use to trade and pay fees on Binance. Since its announcement in 2017, Binance Coin has grown beyond enabling trading on Binance’s exchange platform.
BNB Price:
- It was just $0.10 in 2017.
- By the end of April 2024, its price had risen to around $560, a gain of 560,394%.
- As of August 2024, BNB is trading at $579.85.
Solana (SOL): YTD: 568.40%
SOL is Solana’s native token coin and is used to pay staking and transaction fees. Solana’s highly performant system architecture, and as the ecosystem expands, the project and its SOL coin may become more valuable in the future.
- When Solana (SOL) was launched in 2020, its price started at $0.77.
- By the end of July 2024, its price was around $156.62, a gain of 20,241%.
- As of August 2024, Solana is trading at $154.70.
Other Cryptocurrency coins are best for the future including Cardano (ADA), Dogecoin (DOGE), Toncoin (TON), Ripple (XRP), U.S. Dollar Coin (USDC), and more.
- Cardano (ADA): YTD – 28.63%
- Dogecoin (DOGE): YTD – 63.81%
- Toncoin (TON): YTD – 394.23%
- Ripple (XRP): YTD – 11.77%
- U.S. Dollar Coin (USDC): YTD – 0.00%
