Crypto Market is a highly volatile one. Even though there is scope for immense growth the risk of financial loss is always associated with it. Honestly, crypto market is not the only market that presents such challenges. Hence, for all the crypto investors and investors in general, it becomes necessary to realise what assets are worth their attention and have a scope for future growth.
List Of Top 4 Crypto – Analysis & Prediction
According to recent market research, a number of cryptos have declined causing anxiety among and pushing investors to review their holdings. Among these, it is said that the best cryptocurrencies to sell & ensure financial stability are Toncoin (TON), Chainlink (LINK), Polygon (MATIC), and Bitcoin Cash (BCH). Selling these might be a calculated decision to reduce possible financial losses in the market.
Here is a list for a crypto investor to keep in mind for 2024-
Toncoin (TON)
A creation of Telegram, Toncoin is ruling the blockchain niche with its advanced one layer technology, famous specially for its user-friendliness and stability. Not only this, this blockchain has a wide audience, low transaction fees and less processing time.
At the time of writing, the price of Toncoin stood at $6.42 showing a decline of 4.0% over time. With a market capitalisation of $22,333,532,595, it ranks as eighth on CoinMarketCap and might be a worth it asset for a crypto investor like you.
Chainlink (CHAIN)
Chainlink has witnessed a remarkable surge of 112% over years. A vital player in the game of blockchain domain, it enables the deployment of universally connected smart contracts. At the time of writing, LINK is priced at $16.28 witnessing an increase of 1.5%. The market cap is $9,610,568,237 and ranks 16th on CoinMarketCap.
Polygon (MATIC)
Polygon (MATIC) is a framework that enhances Ethereum’s functionality through interoperability and enables faster transactions while cutting costs.
As of now, MATIC has a price of $0.7102 marking a decrease of 0.3%. With a market cap of $6,585,310,214, it is one of the top 20 cryptocurrencies. Its value has dropped by 21% over the past month & by more than 6% in the last week, making it a viable sell to avoid losses in the cryptocurrency market.
Bitcoin Cash (BCH)
Bitcoin Cash is a peer-to-peer cryptocurrency that promises quick transactions, low cost, assured privacy & larger block sizes.
At present, BCH is priced at $476.40 witnessing an increase of 2.6%. With a market cap of $9,386,657,228, it holds 15th position among the other cryptocurrencies. BCH has seen a remarkable growth of around 282% however, it has been facing some challenges. In the last week, the value dropped by 8%, and over a month, there has been a fall of 28%. This makes Bitcoin Cash as a potentially risky investment keeping in mind the market trends.
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Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.
