A financial YouTuber has listed 5 cryptocurrencies that have potential in the crypto market. The top 5 altcoins to invest right now are ICP, LINK, SOL, LTC, and THETA.
Despite the fact that the crypto market is collapsing, some altcoins are outperforming the crackdown. While Bitcoin is volatile, causing a market downturn, many cryptocurrencies follow Bitcoin (BTC). However, some crypto assets have surpassed Bitcoin in terms of potential.
When it comes to digital currencies, investors keep their eyes wide open, but there are some unexpected breakdowns. Some experienced investors are very focused on making wise investment decisions. Dejan Mac, a financial Youtuber, has listed the top 5 cryptos to invest in right now in order to suggest and assist investors.
Internet Computer (ICP)
Furthermore, the Youtuber has ranked the coins based on their potential. So the first coin that shows up is Internet Computer (ICP), which has a high potential for investment now. In the video, he explains that ICP was down 27% in the past week, 75% down in the past month, and 36% up year to date. Consequently, it was trading at $8 a year ago, and it’s all-time high was $750 before the market crash.
According to Coinmarketcap, the trading price is $55.11 with 24-hour trading value $738,507,225, at the time of writing. The token soars to 30.76% in a day with the total market cap value of $7,448,807,959. The circulation supply of ICP coins is 135,173,634. It holds the 17th position in Coinmarketcap.
As a result, he believes that now is a good time to invest in ICP because it has the largest market capitalization. Also, the coin was trading in this price range in February and March, then reached its ATH and fell. Besides, it has a better chance of reaching the highest high and good investment for long-term investors to invest right now.
Chainlink (LINK)
Chainlink(LINK) is the second altcoin on the list. The token was up 1.5% in the last 24 hours, 17% down in the past week, 51% in the past month, and 286% up this year. Moreover, it was trading at $4.50 a year ago and went high reaching $53 in mid-May. Following that it started to fall down to $19 then to $16 and continued to trade sideways. The coin might pull back low and might rise quickly in no time parallel to Bitcoin.
According to Coinmarketcap, the trading price is $20.07 with 24-hour trading value $945,795,707, at the time of writing. The token soars to 6.92% in a day with the total market cap value of $8,771,567,345. It holds the 15th position in Coinmarketcap.
Thus he says that this token is the best investment right now, which may perform well in the future.
Solana (SOL)
The third coin on the list is Solana (SOL). It is up 5% in last 24-hours, 15% lower in the last week and month, and 4000% higher this year. It was trading at $0.79 a year ago and reached a high of $58 in May. Despite some lows, it has followed uptrends and performed significantly better than other altcoins.
According to Coinmarketcap, the trading price is $34.67 with 24-hour trading value $463,160,839, at the time of writing. The token soars to 4.17% in a day with the total market cap value of $9,549,410,941. It holds the 14th position in Coinmarketcap.
Solana has a high market cap and performs well when other coins are underperforming. Therefore, investors may admit that it is a good time to invest because it has the potential to perform well in the future.
Litecoin (LTC)
The Youtuber listed Litecoin (LTC) as the 4th altcoin. This token is up 2% in a day with $126, down 17% in the last week, 36% in the last month, and 207 percent in the last month. It was around $41 a year ago and reached highs of $413 in May. According to Dejan Mac, it then followed a downtrend, and it is still in a downtrend when compared to Solana.
According to Coinmarketcap, the trading price is $147.16 with 24-hour trading value $2,138,421,923, at the time of writing. The token soars to 7.97% in a day with the total market cap value of $9,823,423,660. The current circulation supply of LTC coins is 66,752,415. It holds the 13th position in Coinmarketcap.
Though the coin is not trendy like it was a couple of years ago, it still has the potential growth. So, according to the Youtuber, LTC is also a good investment right now for investors.
Theta (THETA)
The final coin on the list is Theta (THETA). It was down 27% in the past week, 15.43% down in the past month, and almost 3000% up this year. It was reading at $0.22 a year ago and went to highs at $15.90 in April.
According to Coinmarketcap, the trading price is $7.19 with 24-hour trading value $242,778,334, at the time of writing. The token soars to 3.21% in a day with the total market cap value of $7,189,496,275. The circulation supply of THETA coins is 1,000,000,000. It holds the 18th position in Coinmarketcap.
Furthermore, the Youtuber claims that if investors invest $1000 right now, it could return $30k in a year. A year of an investment may yield a profit of $30,000, and theta is one of the greener coins that may rise quickly. Besides, it is a cheaper coin to invest in and has the potential to grow; additionally, many people prefer to invest in cheaper coins, so this may be a good option; thereby, “it is ranked fifth on the list,” according to Dejan Mac.
However, he stated that investors must have a basic understanding of the current crypto market before investing. Significantly, he claims that none should use this as a guide for investing and advises people to do their own research before the investment.
Disclaimer: The opinion expressed in this chart solely author’s. It is not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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