Top Coins To Invest In That Will Improve Your Crypto Portfolio

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Last Updated November 24th 2022
5 Min Read

Top Coins To Invest In That Will Improve Your Crypto Portfolio - Our Picks 

SOL - One of the fastest-growing cryptos 

LINK - Must invest digital asset 

SHIB - Memecoin to boost your portfolio 

SAND - Cryptocurrency that will help generate massive returns

 

A Closer Look At The Top Coins To Invest In That Will Improve Your Crypto Portfolio 

Solana

Solana is one of the top Ethereum competitors and has been named the 'Ethereum killer.' The creators noted that the platform aims to surpass the efficiency of competitor blockchains, and the network has achieved this feat successfully.

Solana is a practical open-source network with a permissionless and high-speed layer-1 blockchain. It has many benefits for investors as it is the preferred platform for building dApps and NFTs. However, its most impressive and groundbreaking feature is that the platform can support 65,000 transactions per second (TPS) with near-zero and super-low gas fees. 

Notably, all cryptocurrencies gain and lose value over time. For example, the COVID-19 pandemic led to market volatility, during which many cryptocurrencies lost value. However, Solana most recently continued growing while the larger market in the crypto world had been losing some value.

It also boasts a unique blockchain technology, a hybrid combination of proof-of-stake and proof-of-history that backs each transaction. With thousands of cryptocurrencies on the market, SOL stands apart by showing growth consistency and potential, making it one of the top coins to invest in that will improve your portfolio.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Chainlink

Since its launch, Chainlink has come a long way. With smart contracts serving as the foundation for DeFi (decentralized finance), oracles that enable them to execute securely in response to verifiable real-world events are critical.

Chainlink (LINK) is a state-of-the-art cryptocurrency that brings investment and security to the world of crypto. It aims to be a reliable and secure bridge between blockchain and other distributed computing networks, allowing users to seamlessly fund from one platform to another with complete control over their investment. It is an attractive investment option, and experts consider it one of the top coins to invest in that will improve your portfolio.

Chainlink initially provided cryptocurrency price data to DeFi protocols such as Aave through a limited number of sources. However, it now encompasses a much broader range of activities.

The ecosystem now includes over 1,000 projects, with 700 oracle networks securing more than $75 billion in value — a tenfold increase from 2020 levels — and accessing more than one billion data points.

All of this expansion contributed to LINK’s 52% year-over-year growth earlier. In addition, AccuWeather and the Associated Press have partnered with Chainlink to verify data, and former Google CEO Eric Schmidt has joined as an advisor, the latest indications that big tech and media are taking notice of Chainlink’s expanding applications.

With its solid track record and potential for steady growth, Chainlink will be one of the most popular cryptocurrencies in the coming years. So if you are looking for a reliable and sustainable investment opportunity, Chainlink (LINK) is the most viable option.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Sandbox

The Sandbox is a virtual reality game where users can simulate real-life activities within the Metaverse. Currently, the brand benefits from collaborations with established gaming organizations such as Atari. Much of the trading volume comes from the creation and trade of NFTs and its design objective that allows players to create NFTs using the SAND tokens.

The Sandbox was first released as an open-world mobile game in 2012. In 2015, the game was released on Steam for PC. The Sandbox's alpha version was released on November 29, 2021. 

The game is renowned for its two major mobile hits, The Sandbox (2011) and The Sandbox Evolution (2016), which together have had over 40 million downloads on iOS and Android. In addition, Pixowl, a mobile game developer/publisher, opted to transfer its popular User Generated Content gaming IP and a big community of producers to the blockchain environment in 2018.

The Sandbox enjoyed a large growth during the 2021 NFT craze, crossing the $1 mark in the last quarter, and has since continued on an upward trajectory. The coin is expected to keep up its growth track, making it one of the top coins to invest in that will improve your portfolio.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Shiba Inu

Shiba Inu is one of the most famous meme coins in crypto today. While the price may have tanked in Q1 of 2022, the hype around it and other memecoins is still strong. For this reason, investors believe that Shiba Inu is one of the top coins to invest in that will improve your portfolio. 

One of the key reasons to consider Shiba Inu is that it is one of the cheap cryptocurrencies in the market today. Currently, SHIB is trading at $0.000008881, making it an attractive investment for new investors who want to get into crypto but need more to invest. Thanks to its hype, investors expect it to do well long term, further adding to its attractiveness as a cheap cryptocurrency to buy today. 

Another reason why to buy SHIB today is its tokenomics. Shiba Inu had one quadrillion tokens in circulation when it first entered the market. By mid-2021, nearly 50% of this supply had been taken off the market. This followed a decision by Vitalik Buterin to burn the 50% of tokens that had been allocated to him by the Shiba Inu team when they launched. 

Since then, Shiba Inu has continued to burn tokens. The team launched a token burn platform in April 2022. This means SHIB tokens will get scarce over time. Going by the economics of demand and supply, it has the potential to become one of the best-performing meme coins in the future.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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