Timing is very important if you’re buying/investing in crypto coins. Some of the crypto assets are being dislodged in their positions as investors look for what is profitable.
Although has experienced a dip in early 2022, it still keeps its position as the number one cryptocurrency. There has been a surge in prices of some of the crypto assets which has led to a change of positions.
If you are looking for a crypto asset, to begin with, or diversify into this April, then you have to see the top crypto assets today. Before then, let’s see what you need to know before buying any of these digital assets.
Things To Know as an Investor Before Buying Crypto Assets In 2022
Here are important things that crypto investors both beginners and veterans should do before investing in tokens/coins.
1. Do your own research- If you’re going to invest in cryptocurrency, it is very important to understand the industry. Do your own research on the token, exchange and keep yourself abreast with the with the happenings in the market.
2. Do not fall for the hype– You’ve to avoid falling for hype in the market. You’ll need to check if an asset is on an upswing on its own or riding a bubble. This is because coin may rise quickly and then loses its gains suddenly.
3. Volatility in price is certain– Asides stablecoins such as USDT, several others are volatile. This is very certain in the crypto market. You need to have this at the back of your mind when putting your money into crypto assets. There’s no guarantee that you’ll have return on investment always as asset will see a dip.
4. Be patient– You need to exercise patience and let your investment grow naturally, over a period of time. This is very important if you’re diversifying your portfolios into small cap altcoins. If in doubt, invest in market leaders like Bitcoin and Ethereum.
5. Beware of scam– You’ve to beware of ponzi schemes if you’re investing in cryptocurrency. Fraudsters often try to take advantage of the numerous beginners who has yet to have full knowledge of the industry. They may lure you with huge return on investment. This may come through emails or text.
Top 10 Crypto Coins In April 2022
The top coins are listed in order according to the listing by CoinMarketCap.
Crypto coins in April 2022
1. Bitcoin (BTC)
Bitcoin, a peer-to-peer online currency remains the number crypto coin today. The current price of BTC is $44,915.37 USD with a 24-hour trading volume of $36,315,522,666 USD.
The current CoinMarketCap ranking is #1, with a live market cap of $853,587,060,046 USD. It has a circulating supply of 19,004,343 BTC coins and a max. supply of 21,000,000 BTC coins.
Bitcoins can be purchased on crypto exchanges as well as peer-to-peer trading platforms in several parts of the world.
2. Ethereum (ETH)
Ethereum follows Bitcoin as its main rival in the crypto industry. Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether.
As of the time of this writing, the price of ETH is $3,305.96 USD with a 24-hour trading volume of $22,304,993,895 USD. The current CoinMarketCap ranking is #2, with a live market cap of $397,597,070,209 USD.
It has a circulating supply of 120,266,768 ETH coins. You can buy Ethereum on most of the crypto exchanges worldwide.
3. Tether (USDT)
Tether remains the number one stablecoin (stable-value currency) on this list. USDT mirrors the price of the US dollar which is $1.00 USD with a 24-hour trading volume of $87,104,878,788 USD.
The current CoinMarketCap ranking is #3, with a live market cap of $82,447,307,605 USD. It has a circulating supply of 82,423,930,566 USDT coins.
Tether is available for purchase on most of the world’s leading crypto exchanges and p2p trading platforms.
4. Binance Coin (BNB)
Binance coin is the utility token of Binance, the biggest cryptocurrency exchange globally based on daily trading volume. The current price of BNB is is $433.34 USD with a 24-hour trading volume of $2,288,308,837 USD.
The current CoinMarketCap ranking is #4, with a live market cap of $71,552,227,573 USD. It has a circulating supply of 165,116,761 BNB coins and a max. supply of 165,116,760 BNB coins.
You can easily buy BNB on Binance exchange and other top exchanges in the world.
5. USD Coin (USDC)
USDC is the second stablecoin (stable-value currency pegged to the US dollar) on this list. The current price of USDC is $0.999192 USD with a 24-hour trading volume of $5,174,992,904 USD.
USDC is ranked 5th in the crypto market by CoinMarketCap with a live market cap of $51,307,413,247 USD. It has a circulating supply of 51,348,895,491 USDC coins.
USD coin is available on exchanges like Binance, OKX, CoinTiger, and so on.
6. Solana (SOL)
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions.
SOL’s current price is is $120.08 USD with a 24-hour trading volume of $2,772,034,065 USD. The current CoinMarketCap ranking is #6, with a live market cap of $39,112,386,658 USD. It has a a circulating supply of 325,728,205 SOL coins.
SOL can be purchased on some of the world’s leading crypto exchanges.
7. Terra (LUNA)
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. LUNA is one of the top crypto coins today.
It has a live price of $110.11 USD with a 24-hour trading volume of $3,070,869,508 USD. The current CoinMarketCap ranking is #7, with a live market cap of $38,736,367,972 USD. It has a circulating supply of 351,808,302 LUNA coins and the max.
You can buy Terra on top cryptocurrency exchanges for trading in Terra stock among which is Binance, OKX, FTX, and so on.
8. XRP (XRP)
XRP is the native token of Ripple, a cryptocurrency payment system. The crypto asset is up there as it is ranked 8th by CoinMarketCap.
The price of XRP today is $0.779305 USD with a 24-hour trading volume of $2,271,978,510 USD. It has a live market cap of $37,511,997,105 USD. It has a circulating supply of 48,135,209,660 XRP coins and a max. supply of 100,000,000,000 XRP coins.
XRP is available on Binance as well as some crypto exchanges in the world.
9. Cardano (ADA)
Cardano is a proof-of-stake blockchain platform that aims to bring about positive global change. ADA is one of the biggest and most popular crypto asset today.
The price of ADA as of today is $1.10 USD with a 24-hour trading volume of $1,564,874,802 USD. The current CoinMarketCap ranking is #9, with a live market cap of $37,256,633,825 USD.
It has a circulating supply of 33,752,565,071 ADA coins and a max. supply of 45,000,
The current CoinMarketCap ranking is #9, with a live market cap of $37,256,633,825 USD. It has a circulating supply of 33,752,565,071 ADA coins and a max. supply of 45,000,000,000 ADA coins.
10. Avalanche (AVAX)
Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality. This has made it a token to seek out for by investors.
The current price is is $84.86 USD with a 24-hour trading volume of $1,334,474,867 USD. The current CoinMarketCap ranking is #10, with a live market cap of $22,740,864,160 USD. It has a circulating supply of 267,987,889 AVAX coins .
You can purchase AVAX on some of the world’s leading crypto exchanges.
Also Read– 7 Things You Should Know Before Buying a Token
Narrowly missing out of the top 10 crypto coins in April 2022 include Polkadot (DOT), Dogecoin (DOGE)
and Binance USD (BUSD).
If you need to buy the top crypto coins in the market, Prestmit is available for you. Bitcoins, Dogecoins, USDT and Litecoin are available at good rates.
