Ethereum to RAY: 4 of the Top Cryptocurrencies to Invest in Now
For this month, we have compiled a list of the top cryptocurrencies to invest in. So without further ado, let’s jump right into it.
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This year is amazing so far for the cryptocurrency market. Despite some tough crashes, the crypto market as a whole maintained to recover. At the time of writing this, the BTC price is sitting at $64,027.62. For this month, we have compiled a list of the top cryptocurrencies to invest in. So without further ado, let’s jump right into it.
BTC/USD Weekly chart – TradingView
#4 Top Cryptocurrencies: Ethereum (ETH)
ETH/USD Weekly chart – TradingView
Ethereum has gradually over the years earned a reputation in the crypto market. In the ever-rising world of cryptocurrency, Ethereum seems to be one of the most hopeful technologies on the market. At the time of writing this, the ETH price is sitting at $4,650. The yearly ROI (Return on Investment) of ETH is almost +850%.
#3 Top Cryptocurrencies: Raydium Protocol (Ray)
RAY/USD Weekly chart – TradingView
According to its website, Raydium is an automated market maker (AMM). It also works as a liquidity provider that is developed on the Solana blockchain for the Serum decentralized exchange (DEX). The unique thing about Raydium is that it gives on-chain liquidity to a fundamental limit orderbook. This means that that money put into Raydium is transformed into limit orders which remain on Serum’s orderbooks. This provides Raydium LPs way to all of Serum’s order issues as well as their current liquidity. At the time of writing this, the Ray price is sitting at $11.08. The three months ROI (Return on Investment) of Ray is almost +90%.
#2 Top Cryptocurrencies: PancakeSwap (CAKE)
CAKE/USD Weekly chart – TradingView
PancakeSwap is one of the most well-known decentralized exchanges. It had accomplished to overcome Uniswap with $3.2 billion in total value secured and more trading volume. The platform runs on top of the Binance Smart Chain which indicates that there are fewer fees and it’s faster. At the time of writing this, the CAKE price is sitting at $18.09. The yearly ROI (Return on Investment) of CAKE is almost +6727%
#1 Top Cryptocurrencies: Floki Inu (FLOKI)
FLOKI/USDT Weekly chart – TradingView
After the success of Dogecoin, other similar assets made their appearances in the crypto market. Sitting on the success of the meme coin, coins such as Shiba Inu and their peers have accomplished a point of success. Yet, one should see that the main idol, Tesla CEO, Elon Musk, has been a leading strength of the dog coins. This is obvious by the number of tweets that the CEO has tweeted in support of the dog coins. Musk lately made a tweet where he stated that he had chosen a new coin, which he called Floki. The Floki Inu coin is a token that runs on the Binance Smart Chain. At the time of writing this, the FLOKI price is sitting at $18.09.
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