Skip to content Skip to sidebar Skip to footer


Altcoin News: In recent days there has been a significant recovery in the cryptocurrency markets. According to data from CoinMarketCap, this increased the total cryptocurrency market capitalization to $994.8 billion on January 18. These are encouraging signs for the cryptocurrency marketwhich had a difficult year in 2022.

Here are the top 5 Altcoins to add to your portfolio this week

Solana

Solana was originally conceived in 2017, but took several years to fully develop before its official launch in 2020. Due to its significantly faster transaction speeds and lower fees, it was immediately praised as an “Ethereum Killer”. Solana’s Proof-of-History consensus mechanism is a feature that sets it apart.

Altcoins: Solana
Source: Coinmarketcap

Solana’s price at the time of writing is $22.99, with a market cap of $8.5B and 24-hour trading volume down 29.76%. It now stands at $895 million. Meanwhile, the circulating supply is around 370,865,018 SOL according to crypto market tracker CoinMarketCap.

Read also : Digital asset outlook for 2023, what will be the biggest change?

XRP

Experts recommend Ripple XRP as one of the best altcoins to buy in 2023. Of all the alternative coins, it unarguably has one of the best use cases. International payments can now be made for less money thanks to Ripple. The “bankers crypto” known as Ripple aims to replace SWIFT as the de facto standard for international money transfers.

XRP
Source: Coinmarketcap

The price of XRP at the time of writing is $0.3877, with a market cap of $19.6B and 24-hour trading volume down 12.45%. It now stands at $1 billion. Meanwhile, the circulating supply is around 50,713,323,547 XRP according to crypto market tracker CoinMarketCap.

gimbal

A digital currency that has seen significant growth in value over time is gimbal. Cardano’s ability to reduce transaction times and energy consumption is particularly noteworthy. Cardano is therefore one of the best performing altcoins in 2023.

Altcoins: Cardano
Source: Coinmarketcap

The price of Cardano at the time of writing is $0.3503, with a market cap of $12B and 24-hour trading volume down 11.16%. It now stands at $305 million. Meanwhile, the circulating supply is around 34,559,640,901 ADA according to crypto market tracker CoinMarketCap.

shiba inus

Shiba Inu Coin is a decentralized, community-based cryptocurrency created as part of the Shiba Inu ecosystem. Like many other parts, Shiba Inu is built above the Ethereum blockchain Network. It is a coin that was introduced as Dogecoins Competitor “Doge-Killer”.

shiba inus
Source: Coinmarketcap

The price of Shiba Inu at the time of writing is $0.00001241, with a market cap of $6.8 billion and a 24-hour trading volume up 170.04%. It now stands at $841 million. Meanwhile, the circulating supply is around 549,063,278,876,302 SHIB according to crypto market tracker CoinMarketCap.

GALA

Gala games (GALA) is a play-to-earn gaming platform built on the blockchain. However, it allows users to earn their GALA token by reaching in-game milestones. They can also design and trade non-fungible tokens (NFTs) in-game or on exchanges that are not game-based.

GALA

Gala’s price at the time of writing is $0.0495, with a market cap of $345 million and 24-hour trading volume up 75.36%. It now stands at $587 million. Meanwhile, the circulating supply is around 6,977,205,436 GALA according to crypto market tracker CoinMarketCap

Read also : My Neighbor Alice: An Introduction to the Play-To-Earn Crypto Game

CoinGape has an experienced team of native content writers and editors working around the clock to cover the news globally and present the news as fact rather than opinion. CoinGape editors and reporters contributed to this article.

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.



Source link

Leave a comment