Top 10 Best Cryptocurrencies To Invest In For High Returns

Which crypto has the most potential?

Last Updated October 11th 2021
12 Min Read

Wondering which cryptocurrencies give the best return on investment? Or which cryptocurrency is growing the fastest? Perhaps you’re wondering which cryptocurrency has the best future? Say no more! By the end of this article, you will know.

As an extremely volatile market, the crypto market offers some of the highest returns if you get in and out at the right time. But spotting the right cryptocurrencies to explode can be tricky. That’s while we’ve compiled a list of the best cryptocurrencies for high returns — arguably the best cryptos to invest in.

A key thing to remember when looking at our list is that not all of these cryptos have been on the market for as long as one another. Some have established their presence several years before, others are less than a year old. And so, there’s no reason why this list would not be dramatically different next year.

Another important factor to remember is that some excellent projects sometimes have very low returns at this point. This is often because people buy up interesting ICOs (initial coin offering) and as soon as the project is launched, they sell all their tokens, tanking the price.

In this article, we’ll go over the best cryptocurrencies to invest in for high returns, why they’re good investments and how to invest in them.

Best Cryptocurrencies For High Returns

  1. NEO (NEO) — 25,282.46% ROI
  2. Polygon (MATIC) — 28,297.94% ROI
  3. Bitcoin (BTC) — 39,882.79% ROI
  4. Dogecoin (DOGE) — 43,707.24% ROI
  5. Aave (AAVE) — 59,146.92% ROI
  6. Dash (DASH) — 89,231.51% ROI
  7. Ethereum (ETH) — 126,549.62% ROI
  8. IOTA (MIOTA) — 216,574.03% ROI
  9. Binance Coin (BNB) — 383,287.65% ROI
  10. Shiba Inu (SHIB) — 1,886,001.25% ROI

Top 10 Best Cryptocurrencies To Invest For High Returns

Here’s our list!

1. NEO (NEO) — 25,282.46% ROI

NEO (NEO) is often forgotten about these days but has some of the highest returns for investors.

For those who got into crypto more recently, NEO was once nicknamed the ‘Chinese Ethereum’ and was seen as having a real chance of replacing ETH as the top smart contract platform.

Today, while it may not get the same level of attention, it still has a functional and continuously developing ecosystem, which they claim, makes it future-proof.

Would you invest in NEO (NEO)?

2. Polygon (MATIC) — 28,297.94% ROI

Polygon (MATIC) is one of the youngest cryptos on this list but its performance as an investment is quite understandable.

2021 has been an exceptional year for Polygon. Not only did it perform extraordinarily well in 2021’s bull run, but MATIC also bolstered itself further by acquiring and then merging with the Hermez Network (HEZ).

And more recently, Polygon beat Ethereum in terms of daily active users with a 300% increase in activity, as reported by Newton Gitonga of ZyCrypto.

What do you think? Is Polygon (MATIC) worth investing in?

3. Bitcoin (BTC) — 39,882.79% ROI

Bitcoin (BTC), surprisingly, isn’t the best cryptocurrency investment for high returns, though it is pretty good (39,000% is pretty amazing for 12 years!).

Returns aside, BTC is still the most popular crypto. Supposedly 46 million Americans own Bitcoin and it is recognisable by 82% of the British population. This is a huge benefit because it can draw in more users which will improve its price in the long run.

Institutional interest also means it’s one of the safest cryptos to invest in because it is less affected by crypto whales, and it is much more liquid than other digital assets. This means that BTC is less risky in comparison to other cryptocurrencies.

How much would you invest in Bitcoin (BTC)?

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4. Dogecoin (DOGE) — 43,707.24% ROI

Dogecoin (DOGE), often seen as the biggest joke in the crypto market, hilariously has some of the highest returns.

While this may seem too ridiculous to be true, you need to bear in mind that the hype generated by Elon Musk, Snoop Dogg, and Gene Simmons (of the band Kiss) has drawn in many amateur crypto enthusiasts, particularly throughout 2021.

Whether Dogecoin will be able to maintain this is questionable as investors may become bored with the asset over time. Furthermore, Dogecoin should be considered fairly volatile.

Could Dogecoin (DOGE) make you millions?

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5. Aave (AAVE) — 59,146.92% ROI

Aave (AAVE) is one of the largest DeFi projects so it’s understandable that at the time of writing, it has generated some of the highest returns for investors.

Aave is a crypto-lending platform where users can borrow and lend cryptocurrencies, a market that has grown very quickly the last couple of years. And with the DeFi market expected to become an $800 billion market in 2022, Aave stands to grow much more in the foreseeable future.

How much do you think Aave (AAVE) could make you?

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6. Dash (DASH) — 89,231.51% ROI

Dash (DASH), whose name comes from ‘Digital’ and ‘Cash’, is one of the top ‘transactional’ cryptocurrencies. As an investment, it has so far outperformed similar cryptos Litecoin (LTC) and Bitcoin Cash (BCH).

Its aim is simple — provide the cheapest and easiest way to send value between people digitally, that’s it. No smart contracts. No dApps.

Dash has done particularly well in the developing world. During Venezuela’s economic crisis, Dash became the most popular way to send money to each other, as reported by Digital World Economy in 2018.

Is Dash (DASH) your millionaire-maker?

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7. Ethereum (ETH) — 126,549.62% ROI

Ethereum (ETH) has been the second-largest cryptocurrency practically since it entered the market in 2015.

Its high returns shouldn’t come as too much of a surprise considering the massive ecosystem that has been built on top of it which includes hundreds of thousands of tokens, some of which are also featured on this list as ERC-20 tokens.

Most recently, Ethereum has benefited from the variety of DeFi protocols based on its platform, often seen as the birthplace of DeFi projects.

Ethereum surpassing Bitcoin as an investment should come as too much of a surprise. The CEO of the deVere group pointed out that Ethereum has outperformed Bitcoin for much of 2021.

Are you ready to invest in Ethereum (ETH)?

8. IOTA (MIOTA) — 216,574.03% ROI

IOTA (MIOTA) is another cryptocurrency that doesn’t get too much attention these days. Nevertheless, it has proven itself as one of the top cryptos for high returns.

However, it should be noted that IOTA struggled in the 2021 bull run to reach the same prices it reached in the 2017/8 bull run. IOTA’s current all-time high is $5.69 which it achieved in December 2017 while it could not surpass $2.59 in 2021. This could be seen as a sign that IOTA could be amidst a long-term decline.

This aside, IOTA stands out as a great hedge against blockchain technology that could pay off as the ‘Internet of Things’ (IoT) continues to grow.

Is IOTA (MIOTA) the crypto investment you were looking for?

9. Binance Coin (BNB) — 383,287.65% ROI

Binance Coin (BNB) has done particularly well in 2021 because of the Binance Smart Chain (BSC), a separate chain specifically designed for smart contracts and dApps. 

Launched in September 2020, the BSC did particularly well in 2021 when Ethereum transaction fees spiked, leading to many projects to jump ship to the cheaper BSC. Today, the BSC is the second-largest DeFi ecosystem with 41 projects, according to DeFi Pulse.

Aside from this, Binance Coin gains much of its demand from traders who can use it to pay for transaction fees at the Binance exchange — the world’s largest crypto exchange — and get a discount.

Could Binance Coin (BNB) make you rich?

10. Shiba Inu (SHIB) — 1,886,001.25% ROI

Shiba Inu (SHIB) has the highest returns of any cryptocurrency in the market, at almost 2 million per cent at the time of writing.

The meme coin is an attempt to dethrone Dogecoin and arguably is far more volatile than DOGE. In early October 2021, the SHIB price skyrocketed when Elon Musk tweeted a picture of his own Shiba Inu dog. Shiba Inu prices proceeded to increase approximately 300% in seven days.

Because of this, Shiba Inu could be said to be a very volatile asset to invest in.

Is Shiba Inu (SHIB) worth investing in?

Which Cryptocurrency Is The Best For High Returns?

Shiba Inu has the highest returns at the time of writing with an ROI of over 1.8 million, however, as a very volatile asset, it is likely too risky for many investors. This is especially true when you consider the high possibility that SHIB is simply up 300% because of a tweet that didn’t even mention it.

Bitcoin, on the other hand, while it does not offer the highest returns, is seen as a much safer investment because of its popularity. In a similar vein, Ethereum can also be considered, plus its complex ecosystem may prove that it has much greater value in the future.

Meanwhile, Binance Coin has proven to us the more use cases a crypto has, the more valuable it could be. And reflecting over the whole list, almost all the cryptos listed offer something unique that the rest of the market has not provided.

In the end, it is not simply about returns, you also have to take into consideration risk and the fact that ROI regularly changes as the price of cryptos changes.

A year from now, this list could be very different as newer cryptocurrencies become established and older cryptocurrencies become less interesting to investors.

eToro – The Best Cryptocurrency Trading Platform

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Virtual currencies are highly volatile. Your capital is at risk.

How To Invest In The Best Cryptocurrencies For High Returns

You can invest in all of the top best cryptocurrencies for high returns with eToro. You can be ready and trading over 90 cryptocurrency pairs in three simple steps.

Step 1. Head over to eToro’s website, click ‘Join Now’, and complete the registration form. Note that you’ll need to upload proof of ID and address — this is required to comply with anti-money laundering laws and prevent fraud.

Step 2. Make your first-time deposit which should either be a minimum of $50 or $200 based on your location. Bear in mind that several countries have a much higher first-time deposit, so make sure you check before you sign up!

Step 3. Once your account has been set up, on eToro’s platform, head to ‘Trade Markets’ → ‘Crypto’ → choose the crypto you’d like to invest in, choose your terms and you’re done!

And now you’re invested in cryptocurrency!

Key Points

If you remember anything from Top 10 Best Cryptocurrencies To Invest In For High Returns, make it these key points.

  • ROI can be misleading. Just because one crypto has a better ROI at the time of writing doesn’t mean that it will be a better investment in the long term.
  • Surprisingly, BTC doesn’t have the best ROI in the crypto market. In recent years, other cryptos have emerged as arguably better investments.
  • Binance Coin has the second-highest ROI. This is not too surprising considering the variety of uses it has.
  • Shiba Inu has the highest ROI in the crypto market at the time of writing. SHIB has emerged in 2021 as one of the most volatile cryptos to invest in.

Read More:

5 Growth Cryptocurrencies To Buy Hand Over Fist Right Now

5 Altcoins To Watch Closely This Month

Top 7 New Cryptocurrencies To Buy

3 Cryptocurrencies That Are Shaping The Future Of DeFi

FAQs

Still have questions about the best cryptocurrencies to invest in for high returns? Perhaps these frequently asked questions will help.

What Is ‘ROI’ In Cryptocurrency?

ROI stands for ‘return on investment’ and it is a term used in any area of investing, not just in the cryptocurrency market.

What Is The Next Big Cryptocurrency?

Solana (SOL) and Avalanche (AVAX) are both considered to be two of the next big cryptocurrencies. Both are building ecosystems that could arguably compete with Ethereum’s.

How To Identify Cryptocurrency With Potential Of High Returns?

An article by Nathan Reiff of Investopedia outlines four factors to look for when searching for the next big cryptocurrency:

  • Price of the token. A low price can offer the best returns.
  • Prospects of adoption. How likely people and organisations are willing to start using the crypto.
  • Supply. Consider the total supply and the amount in circulation.
  • Increasing price and volume. This could indicate that the crypto has upwards momentum (AKA, a positive trend).

Virtual currencies are highly volatile. Your capital is at risk.

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