Top 10 Cryptocurrencies For Investment In June 2023

1. Bitcoin (BTC) Market cap: Over $550 billion

It was introduced in 2009 by an anonymous person using the pseudonym Satoshi Nakamoto.

2. Ethereum (ETH) Market cap: Over $220 billion

Ethereum, both a cryptocurrency and a blockchain platform, is highly favoured by programmers.

3. Tether (USDT) Market cap: Over $80 billion

Tether is designed to offer a comparatively stable value compared to other cryptocurrencies, making it a preferred choice for investors who seek to avoid the high levels of volatility.

4. Binance Coin (BNB) Market cap: Over $50 billion

In 2017, it started with a price of only $0.10. By the start of March 2022, its value had surged to around $413. As of May 3, 2023, BNB was trading at about $320.

5. XRP (XRP) Market cap: Over $23 billion

In early 2017, the price of XRP stood at $0.006. However, as of May 3, 2023, it has surged to approximately $0.46, representing an impressive increase of over 6,000%.

6. Cardano (ADA) Market cap: Over $13.4 billion

When compared to other prominent crypto coins, Cardano's ADA token has shown relatively moderate growth.

7. Solana (SOL) Market cap: Over $8 billion

Solana operates on a distinctive combination of proof-of-stake and proof-of-history mechanisms, which contribute to its ability to process transactions rapidly and with enhanced security.

8. Polkadot (DOT) Market Cap: Over $8.9 billion

Polkadot was created by Gavin Wood, one of the core founders of Ethereum. One fascinating aspect of it is that its continuous issuance model ensures a constant circulation of new tokens within the Polkadot ecosystem.

9. Litecoin (LTC) Market Cap: Over $6 billion

Litecoin is gaining traction among an increasing number of merchants who accept it as a form of payment. With a per-token value of approximately $87, it holds the position of being the 11th-largest cryptocurrency globally.

10. Avalanche (AVAX) Market Cap: Over $5.5 Billion

Avalanche has a limited supply of 720 million AVAX tokens, with half of them being generated and distributed during its launch in 2020.