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Top 5 Cryptos That One Must Have In Their Wallet This December

Cryptocurrency Nov 29, 2022 02:45
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© Reuters. Top 5 Cryptos That One Must Have In Their Wallet This December

  • Coin Edition has collated a list of best-performing tokens that one must have in their wallet this December.
  • While all coins saw a whirlwind in recent happenings, Polygon has maintained its position.
  • Litecoin is often called “silver to Bitcoin’s gold” because its codes are similar to Bitcoin.

The crypto industry is vast and people can seldom fall prey to Ponzi schemes. There is Bitcoin and then there are a zillion other altcoins that are often undermined. Furthermore, choosing the right coin to invest in can be overwhelming. To simplify this, Coin Edition has collated a list of best-performing tokens that one must have in their wallet this December.

Let’s take a look at the best-performing tokens this season:

Market Cap: $3,502,084,898

Launched in 2014, Chainlink has been fairly old in the game. This Ethereum-based token has proved its metal over time. The Chainlink network uses nodes and oracles to transmit real-time data from off-blockchain to on-blockchain smart contracts. Crypto plays an integral role in regulating crypto data and supporting the DeFi ecosystem in its quest to decentralize financial instruments.

Chainlink currently ranks number 21 in terms of market cap. The token is currently trading at $6.77, with 507,999,970.45 LINK in circulation, at the time of writing.

Solana (SOL)

Market Cap: $4,848,456,430

Solana, launched in 2020, was created to support the use of DeFi, dApps, and smart contracts. It uses a unique hybrid proof-of-stake and proof-of-history technology that facilitates quick and secure transaction processing. The platform is controlled by SOL, Solana’s native coin.

Furthermore, Solana currently trades at $13.38, compared to its initial price of $0.77 at the beginning of its journey. As of press time, Solana ranks number 16, with 363,032,639.04 SOL in circulation.

Polygon (MATIC)

Market Cap: $7,176,817,950

Polygon is a framework and protocol used to build and link Ethereum-compatible blockchain networks. This protocol supports the multi-chain Ethereum environment by classifying scalable Ethereum solutions. While all cryptos saw a whirlwind in recent happenings, Polygon has maintained its position.

At press time, CoinMarketCap shows that the trading price of Polygon is $0.819, while it sits at the number 10 position in the list of coins by market cap.

Litecoin (LTC)

Market Cap: $5,142,600,018

Litecoin was developed from codes similar to Bitcoin. It is intended to offer a quicker confirmation time for transactions, despite its similarity to Bitcoin. Anyone anywhere in the world can use it as a direct payment option. Litecoin is often called “silver to Bitcoin’s gold”.

The token is currently trading at $72.21 and ranks number 13 by market cap.

There are 71,708,781.23 LTC in circulation as of today.

Cosmos (ATOM)

Market Cap: $2,781,975,594

The primary goal of Cosmos is to enable cross-chain communication. Its governance token, ATOM, aids in maintaining network security. This platform offers a wide range of products and features that distinguish it from competing options on the market. The next-generation technology stack that Cosmos introduces gives developers access to robust tools that boost the effectiveness of blockchain creation.

Subsequently, Cosmos is currently resting on the 22nd spot by market cap. As of this writing, the coin is trading at $9.70 with 286,370,297.00 ATOM in circulation, as per CoinMarketCap.

While our team aggregates this list in the public interest., users are advised to do thorough research before investing their savings in crypto.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post Top 5 Cryptos That One Must Have In Their Wallet This December appeared first on Coin Edition.

Top 5 Cryptos That One Must Have In Their Wallet This December
 

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