Discover the Top 10 Altcoins that could Surpass Bitcoin

What Are the Best Altcoins for Maximum Returns?

What is Altcoin?

Altcoin is a cryptocurrency other than Bitcoin. Some people even consider Altcoin other than Bitcoin and Ethereum. "Altcoin" is made from two words: "alternative" and "coin." They are digital currencies that operate on their blockchain network. When developers decided to move away from the design of the original blockchain, it resulted in the creation of alternative coins. 

  • Altcoins are made from cryptocurrency by fixing their problems. 
  • Altcoin, which has more uses and provides numerous services, has more chances of survival.
  • There are thousands more altcoins in the crypto world, providing investors multiple options.

Top 10 Altcoins to invest in:

Ethereum's Ether(ETH): All-time high (ATH) of $4,878.26 on Nov 10, 2021.

                                                                                                               

 ETH or Ether is a cryptocurrency used in the Ethereum platform. Ether is used for investment, payment, and trading on exchanges. It has a market cap of about $189.7 billion. 

  • The price of Ethereum in April 2016 was $11, and by the end of October 2023, the price went to $1,578, indicating an increase of 14,244%.
  •  Ethereum can be a good option for long-term investments as the price prediction charts suggest that in 2025, it can touch the anticipated mark of $10,000.

Tether(USDT):  Stablecoin tied to US Dollar value.

                                                                                         

Tether is a stablecoin and tries to keep its value equal to the U.S. dollar or Euro as fiat currencies back it. It is a good option for those investors who are conscious of the volatility of other coins.

  •  The market cap of Tehther is around 83.5 billion dollars. Making is the second preferred Altcoin for investment. 
  •  It is predicted that Tether could gain 568.03% by 2025.

Binance Coin(BNB):  All-time high (ATH) of $690.93 in 2021.

                                                                                

Binance coin is used to trade and pay fees on Binance. Binance is the largest crypto exchange in the world. It is also used to exchange other cryptocurrencies. 

  • When BNB was launched in 2017, the price of this Altcoin was around $0.10; by the end of October 2023, the price shot to $207.
  •  Binance has a market cap of $31.9 billion.  
  • By 2025, the coin can touch the high of $989.48.

 XRP(XRP).  The all-time high of XRP was $3.84 in 2017.

                                                                                    

The founders of Ripple created the coin. It is a cost-effective token. Investors use this token to store values and extract profit from any fluctuations. About 53% of XRP tokens are in circulation.  

  • The market cap of XRP is about 26.5 billion. 
  • When the XRP was launched in 2017, the price was around $0.006, and by October 2023, the price reached $0.50, giving a rise of 8,175%. 
  • The prediction chart of XRP shows a rise of $1.82 by 2025.

U.S. Dollar Coin (USDC). Stablecoin is tied to US Dollar value.

                                                                                

It is a stablecoin backed by U.S. Dollars. It means it tries to mimic the value of U.S. dollars. It can be used for hedging. USDC is powered by Ethereum. It can be used globally. 

  • The market cap of USDC is $25.4 billion. 

Solana(SOL): The all-time high of Solana is $260.06 in Nov 2021.

                                                                              

Solana was explicitly created for decentralized finance, apps, and smart contracts. Solana platform processes more transactions than other blockchains.

  •  It has a market cap of $9.2 billion. 
  •  At one point, the market cap of Solana was $66 billion in 2021when it rose 12,000%.  
  • 2020, the token price was $0.77 during the launch, but in October 2023, the price hiked to $22.17.
  • It is predicted that the price of Solana could even reach a high of $90 in 2025.

Cardano(ADA): The highest price for Cardano (ADA) is $3.09 on Sep 02, 2021.

                                                                         

The special mention about Cardano is that it adopted proof-of-stake validation faster than other platforms, which helps in making transactions more quickly and energy-efficient. Like Bitcoin, it does not rely on a problem-solving approach. 

  • The current market cap of Cardano is $8.8 billion. 
  • In 2017, at the launch, the token's price was $0.02, which rose to $0.25 in October 2023.
  • It is predicted that by 2025, the token could reach $0.272067.

 Dogecoin(DOGE): The all-time high of Dogecoin is $0.74.

                                                                      

It started with a joke in 2013 and evolved at a pace along with other cryptocurrencies. There is no limit on token creation; hence, it is more susceptible to devaluation when supply increases. It is a meme coin launched in 2013. 

  • This cryptocurrency has a loyal fan base and surpassed a market capital of $1 billion in the bull run of 2017 and 2018.
  •  Currently, its market cap is around $8.3 billion.
  • In 2017, the price of Dogecoin was $0.0002, and by October 2023, the price rose to $0.06.
  • It is predicted that by 2025, Dogecoin could gain 126.57% by reaching a high of $0.1311.

TRON(TRX): Tron's price reached an all-time high of $0.22 in January 2018.

                                                            

The platform is a decentralized blockchain platform created by a Singapore non-profit organization in 2017. Initially, they aimed to target the Asian market, but today it has reached globally. The Tron was designed to challenge the media industry with the slogan "Decentralise the Web." 

  • The market cap of Tron is $7.7 billion. The token was launched for $0.0019. In 2018, the token hiked $0.2245. 
  • Currently, it is trading at $0.09.
  • Analysis of Tron suggests that the token could trade for around $301344 in 2025.

Polygon(Matic): The highest price for Polygon (MATIC) is $2.92 on Dec 27, 2021

                                                                

Polygon was developed to address the issues of network congestion and traffic. Polygon works to create smart contracts, dApps, and NFTS. 

  • The market cap of Polygon is $7.09 billion. 

  • Matic was launched at $0.00263 and currently trades at $0.76.

  • The price of Matic could touch $3.91 in 2025.

Final Words

Altcoins, in simple words, means crypto coins other than Bitcoin. They have different types of payment tokens, stablecoin, security tokens, utility tokens, meme coins, etc. They are the improved versions of cryptocurrency. Altcoins have a smaller investment market than Bitcoin, which has about 40% of the share in the global cryptocurrency market. With less popularity, fewer investors take interest in Altcoin, resulting in less activity and liquidity. Due to its numerous types and uses, investors often need clarification on decisions. 

Read Also:

  1. Avalanche Price Prediction

  2. How high can XRP go?

  3. Shiba Inu Price Prediction

  4. Cardano Price Forecast

  5. Hex Coin Price Prediction

Olivia Johnson 18 Oct, 2023

0 Comments

Add a comment

Why Is Tax Season Very Important for Stock Market Investors? |  Why Is There No Tax in UAE? How Dubai Makes Money with No Tax? |  Fastest Growing Industries in India 2024: Booming Indian Sectors |  Top Tech Companies List: Top 10 Largest Tech Giants Worldwide |