6 Of the Best Cryptocurrencies to Watch This Year and Why

If you have a long-term view and can afford to lock your money away (and don't mind the volatility), now seems a good time to consider investing in cryptocurrencies. 

Based on market capitalization, position, and future price potential, here is a list of the six best cryptocurrencies that should be on your watchlist. 

Bitcoin

Bitcoin, the king of cryptocurrency, is not only the first but also the most traded and valuable crypto in the world today. This crypto also benefits from the largest market cap of above $860 billion, ensuring investors' liquidity. 

Ethereum

Ethereum came into existence in 2015 only but and since then, it has seen massive gains due to its unique technology. Although it tends to play a support role to Bitcoin, it is far ahead of its competitors. 

Solana (SOL)

Solana is one of the top competitors of Ethereum. In 2021, it started at as low as $1, and now, it is trading at $100. Solana is also the fourth most prominent and promising cryptocurrency having a market cap of $54 billion. 

Cardano (ADA)

Cardano is again a good crypto investment as it has 6th rank with a market cap of $51 billion. In comparison to Bitcoin, its small footprint attracts a lot of investors as less energy is needed to complete a transaction in Cardano, meaning it is fast and cheap.  

LUNA

The market has a high demand for UST, and its market cap currently stays at $16.6 billion against the $13.3 million with which it debuted. As a direct result, Luna's prices reached $116. If you see LUNA trends, you will notice that LUNA has been increasing since June 2021. 

MATIC

A development team created Polygon to contribute to the Ethereum blockchain platform. It is helping decentralized application developers avoid high gas fees.  

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