top cryptocurrencies: These cryptocurrencies are making people millionaires sitting at home, they are getting strong returns after investment! – these cryptocurrencies gives best returns to investors in last two months
- Increasing investment in cryptocurrencies
- Now people are investing in it more than before
- Getting huge return on investment
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If you invested Rs 10,000 in bitcoin two months ago, your net investment would be a little over Rs 14,000 today. At the same time, investing in Ethereum will also see almost the same result. But if you had invested in the much-hyped token Shiba Inu, you would have received a total of around Rs 74,000 within these 60 days. If you put this money in one of the top performing cryptocurrencies, your original Rs 10,000 will increase to Rs 1,57,000.
All this may sound like dream stuff to you, but these are very real numbers from the market performance of cryptocurrencies in the last two months i.e. from September 11th to November 11th. The world of cryptocurrency is gaining new followers every day, as everyone is looking to get a good return on investment. Of course, more and more investors are flowing/investing more and more money in these digital currencies.
Happened but soon it also emerged. At present, there are many cryptocurrencies in the market, but there are only a few cryptocurrencies that get more headlines. In such a situation, today we are going to tell about the top-5 cryptocurrencies in terms of market capitalization, in which investors are seeing a lot of investment, there have been tremendous fluctuations in the market. The market crash also happened on Wednesday but soon it emerged.
Seeing this Sky High graph comes as no surprise to someone who has been monitoring the crypto market for a long time. But for new investors, it can be a real dilemma as to which crypto coin or token to back up. This choice depends on many factors which may also vary from person to person. If you choose the best running crypto currency in the previous period, all you have to do is look at the performance chart and it is a very simple task.
Here, we are focusing on some of these cryptocurrencies that have had excellent performances over the past two months, and have delivered significant financial results to their investors. Note that this analysis is not intended to make market predictions at all, but is merely an observation of the performance of cryptocurrencies and an indication of their potential for investors.
Top performing crypto coins
First, let’s focus on some of the top performing crypto coins within the last two months. Note that this should ideally include coins that grow the most in terms of market cap/market value, but the cryptocurrency market is a bit tricky if you look at it this way.
To put it simply, a simple fact – more than 10 cryptocurrencies have increased in value by more than 1,000 percent within the past two months. This means that your investment of Rs 10,000 has given a return of more than Rs 1 lakh.
While this may sound tempting, these coins often remain far from a wide audience and are listed on very few platforms for public trading/public trading.
Thus we will focus on cryptocurrencies that have an established presence in the global crypto market and are also much more stable in nature than such one-shot miracles. In this regard, we have brought information related to some top performing / performing crypto coins for you.
Here is the list of top performing crypto coins:
A scalable smart-contract platform that enables developers to build decentralized/decentralized applications, Phantom has been a hot coin in the past few months. At the beginning of the two months mentioned above, the cryptocurrency was trading around Rs 100. After 60 days at the time of writing this article, it is priced at Rs 213, registering an amazing growth of 79 percent.
Polkadot, designed to make multiple blockchains interoperable, has achieved an increase from around Rs 2,500 in the second week of September to Rs 3,900 today. This equates to another bull rally of around 52 percent, which has generated huge interest in the coin.
Binance Coin, the personal crypto coin of the world’s largest cryptocurrencies exchange, has registered an impressive growth of 51.63 percent in the last 60 days. It started this period with a price of around Rs 29,000 and currently the value of which is over Rs 50,000 for a coin/coin has been recorded.
Bitcoin, the godfather of all cryptocurrencies in terms of market capitalization, has registered a growth of 42.43 percent over the past 60-day period. The most valuable cryptocurrency in the world saw its value fall in late September, which lasted until early October. But since then bitcoin has been delivering impressive returns to investors. Till the time of writing the news, its market price is around Rs 52 lakh.
Ethereum has registered a rise of about 37 percent in the past two months, followed by bitcoin. At the beginning of the period, Ethereum traded around Rs 2.43 lakh, which was valued at Rs 3.77 lakh at the time of writing the news.
These were the cryptocurrencies that have a strong market capitalization and have also seen a significant increase in their value in the last two months. In layman’s terms, these are “safe bets” in the crypto world. Don’t take this as investment advice though, and be sure to do your own research before investing in any of these.
Of course, by no means are these crypto coins that have experienced the highest growth. As mentioned above, such unusual price jumps are mostly seen in new coins, which are not very risk-free investments. If you are still interested in this, let us tell you that some of the coins that have appeared in the last two months are Kadena, Advanced Technology Coin, Pegnet, Acroma, Rabbit Coin etc. DotDown and TRXDown are the ones that have seen an astonishing increase in the seven digit percentage values. For example, your investment of Rs 10,000 in TRXDown would have grown to Rs 52,68,26,200 in two months.
Top performing crypto tokens
Here let us tell you that crypto tokens are different from crypto coins and can be based on the existing blockchain network. Therefore, they are also easier to create than crypto coins, which require their own blockchain to work. This is the reason why there is a flood of crypto tokens in the market.
These tokens are like the side of the wild rollercoaster that all short-term investors are looking for. However, make sure that you invest your hard earned money in them very carefully. If you have decided that you want to invest in it, here are some of the hot crypto tokens that have performed exceptionally well over the past two months.
No points for guessing here. You can single-handedly call the Shiba Inu responsible for keeping the cryptocurrency world in the limelight over the past month. With Tesla CEO Elon Musk’s continual memes and token fanbase supporting his listing on Robinhood, the Shiba Inu has done well once again after a price drop earlier this month. The net result was that the token has gained over 638 percent in the past two months, from a price of around Rs 0.0005 to Rs 0.004.
Chromia is a token of the blockchain platform for decentralized apps. Chromia has registered a massive surge in the past two weeks. Mainly after the announcement of a collaboration with Revolve Games. The token has increased from the earlier value of around Rs 26 to the current trading price of Rs 92, registering a growth of over 200 percent.
To improve smart contract programming, Cartesy was the hottest token in the past week, rising by more than 50 percent in value within seven days. In two months, the token established an impressive growth of 131 per cent, rising from around Rs 46 in the beginning to around Rs 119 at the end of two months.
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A token of Enjin – a blockchain-based gaming products firm. Enjin Coin has registered gradual growth over two months. Maintained a high of 73 percent during this period. While it used to retail for around Rs 120 two months back, it now has a token price of Rs 236 for a single unit.
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