Check Out Today’s Top 5 New Cryptocurrencies To Invest In

Christian Encila

1 year ago

3 mins read

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The best cryptocurrencies to invest in are aplenty and they are a wise hedge against unexpected swings in the financial market these days.

Cryptos, like cash, can be used to buy anything, but it also has the benefit of being a high-yielding investment.

However, because of the volatility of cryptocurrencies, it’s vital to understand what you’re getting into before investing.

Here are our Top 5 suggestions for the hottest new cryptocurrencies to invest in.

Polygon (MATIC) – For Massive Scalability

Polygon (MATIC) is an Ethereum Layer 2 scaling solution. It also serves as a platform for creating and connecting Ethereum blockchain networks.

MATIC lowers transaction rates on the Ethereum network while dramatically enhancing transaction speed.

Polygon’s scalability focus makes it so appealing for decentralized Ethereum blockchain applications.

MATIC is currently trading at $1.4395 with a market capitalization of $10.76 billion as it continues to flourish in the market.

Decentraland (MANA) – Most Affordable Crypto To Access The Metaverse

Decentraland differs from other virtual worlds in that, except for roads and plazas, all LAND areas may be owned, sold, and developed by the game’s players.

MANA is Decentraland’s native cryptocurrency, and it is used to buy land parcels (LAND tokens), avatars, wearables, and other things on the platform’s marketplace.

MANA is currently trading at $2.60 with a trading volume of $1.5 billion and has increased by 175% since last year.

Total crypto market cap at $1.725 trillion in the daily chart | Source: TradingView.com

Stellar (XLM) – New And Exciting Crypto Payments System

The stellar blockchain can process between 1000 and 5000 transactions per second.

This distinguishes it as a formidable rival to centralized payment systems, a point that will increase its value as more people accept crypto payments.

One of the advantages of investing in XLM is its use as a currency. This means that investors can create tokens and even decentralized exchanges on this blockchain.

Because XLM is the native cryptocurrency of the stellar blockchain, it will always be valuable. The decentralized exchange is a key element driving the long-term value of Stellar.

XLM is currently trading at $0.181253 with a circulating supply of $24.9 billion.

Curve (CRV) – Most Preferred Crypto For DeFi Exposure

Curve (CRV) is a platform for Stablecoins that uses an Automated Market Maker to manage liquidity.

The platform has been designed to have less slippage and an affordable charge. Assets can be automatically and without authorization traded.

It’s among the preferred cryptocurrencies to invest in, especially when it comes to DeFi.

Because it is a non-custodial network, users retain complete ownership over their tokens. Curve relies on liquidity pools and rewards users who contribute to them.

CRV is currently trading at $2.26. It has a diluted market capitalization of $7.4 billion globally.

Lucky Block (LBLOCK) – Hottest New Crypto With Strong Potential

Lucky Block is a blockchain-based crypto-lottery platform that aims to improve the lottery experience for all participants.

Lucky Block’s goal is to eliminate all obstacles in order to establish a “global lottery” in which all contestants have a higher chance of winning a jackpot than traditional lottery systems.

The lottery is made possible via the platform’s native coin, LBLOCK.

LBLOCK is currently trading at $0.00512. It is still substantially flexible and can produce bullish trends in the long run.

Featured image Liquid Blog, chart from TradingView.com

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.