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Ndubuisi Ekekwe To Speak at UN House, Abuja on Oct 14

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Ndubuisi Ekekwe Ban Ki-moon
UN Secretary General

On October 14, along with Matthias Schmale ( United Nations Resident & Humanitarian Coordinator Nigeria), I will lead a conversation on Youth Development and Empowerment in the UN House, Abuja – Nigeria.

It has always been a great honour to serve the world through the United Nations right from the days of H.E. Ban Ki-Moon, former Secretary-General of the United Nations, who provided many opportunities. #service

*I will share link here if the organizers decide to make it a public event.

ENDSARS to ENDEFCC: On the Authority and Audacity of Crimes in Nigeria

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A Nigerian youth seen waving the Nigerian national flag in support of the ongoing protest against the unjust brutality of The Nigerian Police Force Unit named Special Anti-Robbery Squad (SARS) in Lagos on October 13, 2020. - Nigerians took to the streets once again on October 13, 2020, in several cities for fresh protests against police brutality, bringing key roads to a standstill in economic hub Lagos. Demonstrations organised on social media erupted earlier this month calling for the abolition of a notorious police unit accused of unlawful arrests, torture and extra-judicial killings. The government gave in to the demand on October 11, 2020, announcing that the federal Special Anti-Robbery Squad (SARS) was being disbanded in a rare concession to people power in Africa's most populous nation. (Photo by Benson Ibeabuchi / AFP) (Photo by BENSON IBEABUCHI/AFP via Getty Images)

There is no country where there is no crime that threatens human survival or the advancement of organizations. Different countries have different crime patterns and trajectory. Using a variety of indicators, various independent research think tanks and news media have documented the global crime rate. According to current World Population Review data, 64 out of every 100,000 Nigerians commit a crime.

Because security issues and crimes cannot be addressed without strong security institutions, the Nigerian government has always considered the establishment of specialized departments or units within the Nigeria Police Force, Army, and other organizations tasked with ensuring a secure environment. The Special Anti-Robbery Squad (SARS), which was created in 1992 to deal with crimes associated with robbery, motor vehicle theft, kidnapping, cattle rustling, and firearms, was the product of the notion of building a virile security institution. The Economic and Financial Crimes Commission was equally established to address corruption and other related financial crimes using prevention, enforcement and coordination approaches.

Source: World Population Review, 2022

Clearly, these agencies are expected to assist the government in carrying out certain responsibilities at the local level, such as regulating social and economic behaviors of individuals and organizations that are harmful to individual and collective growth. Prior to the establishment of these agencies, our analyst observes that people desired a better environment in which social and economic activities could be carried out without fear of being attacked or defrauded. Creating and maintaining the agencies, however, appear to be dominance tools for rigidly controlling people and exploiting people unnecessarily, according to some sections of society.

This submission has been well expressed in the last three years by youths who believe that the staff of the agencies are looking out for them despite the poor economic conditions. This submission resulted in the first national SARS protest in October 2020, with severe consequences across the country. Officers of the law were killed. Security posts and stations were set on fire. Property was looted. Following the same month pattern, news outlets recently reported protests against the EFCC. Some youths from Warri to Ibadan want the agency, like SARS, to be abolished. Like the ENDSARS protests, public interest in ENDEFCC is gradually increasing on the Internet.

In Warri and Ibadan

Some of the protesters were interviewed by news organizations in both cities. As previously stated, the majority of protesters believed that the EFCC is abusing its constitutional and executive-driven motive power, as well as its authority over them. Though some protesters have been arrested, their actions are similar to those of anarchists or anti-authoritarians that Friedrich Engels criticized in his work “On the Authority.” It is clear from the protests that the protesting youths, like the anarchists, want their authority to triumph over the authority of the state and others. Setting born fires on roads, for example, and causing traffic gridlock that prevents others from going about their daily lives are examples of great destruction that Engels warned social revolutionists about.

If the youths eventually succeed in shutting down the agency through protests, our analyst predicts that the number of identified crimes controlled by the agency through prevention, enforcement, and coordination approaches will skyrocket. And everyone should be prepared to bear some of the consequences. Instead of calling for the agency’s abolition, youths who believe the agency’s staff wrongfully arrested and prosecuted them should present concrete evidence. This is necessary because no country can function without specific agencies, units, and departments to combat serious crimes such as internet fraud. Our analyst observes that unnecessary perceived rigid control and exploitation of the agency’s staff can only be questioned, rather than rejecting their expertise, efficiency, and constitutionally mandated authority.

Where to Buy XRP (Ripple) – Beginner’s Guide

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XRP is the native digital currency of the Ripple blockchain – which allows banks to transfer funds on a cross-border basis in a low-cost and fast manner.

If you’re wondering how to buy XRP today for your cryptocurrency portfolio – this guide will explain how to complete the process in less than five minutes with a regulated broker.

How to Buy XRP – Quick Steps

 If you’re looking to buy XRP today in the easiest and cheapest possible way –  the step by step guide will walk you through the process of getting started with the highly respected and heavily regulated broker, eToro. 

  • Step 1: Open a Crypto Account: Head over to eToro’s homepage and click ‘Get Started’. Enter your name, email address, and date of birth to create an account, then upload photo ID and proof of address for verification.
  • Step 2: Deposit Funds: Click ‘Deposit’ on your eToro dashboard and choose which payment method you’d like to use. USD deposits are free to make and have no minimum funding requirement.
  • Step 3: Search for XRP: Search for XRP on the eToro trading platform and click ‘Buy’ when it appears.
  • Step 4: Buy XRP: In the order box on the right side of your screen, choose your trade type, enter the amount of money you’d like to invest in XRP, and click ‘Buy’ to facilitate the purchase.

If you’re looking to buy cryptocurrency in 2022, you’ll need to pick a trusted crypto broker or regulated exchange that suits your trading style and financial needs.

>>>Buy XRP Now<<<

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

Where to Buy XRP Cryptocurrency

The best crypto exchanges in this space allow you to buy XRP safely and in a low-cost way. If you’re still wondering where to buy XRP for your personal requirements – consider the top places to buy XRP reviewed below.

1. eToro – Overall Best Place to Buy XRP for 2022

Our recommended platform when it comes to buying XRP is eToro. .Founded in 2007 and now used by over 20 million traders, eToro is a popular online broker that is authorized and regulated by the SEC. In addition to FINRA membership, the platform is also licensed by bodies in Cyprus, the UK, and Australia. The eToro website is very simple to use and you can open a crypto account in less than five minutes. In doing so, you will be able to buy XRP on a spread-only basis.

In simple terms, this means that the only fee that you need to pay is the gap between the buy and sell price of XRP. Moreover, as a US client depositing funds in USD, you won’t need to pay any transaction fees on any of the payment methods supported by eToro. This includes everything from debit/credit cards and domestic bank wires to Paypal and ACH. In terms of account minimums, you only need to deposit $10 at eToro to get started.

Once you have completed your XRP purchase, you might then consider buying a number of other promising cryptocurrencies. Some examples of supported tokens include Bitcoin, Cardano, Binance Coin, EOS, AAVE, Decentraland, and The Graph. Alternatively, you can also invest in a diversified basket of digital assets via the eToro Crypto Portoflio. In a nutshell, this is a pre-made portfolio that is managed and rebalanced by the eToro team – so you will be investing passively.

Additionally, the copy trading feature is another passive investment tool that allows you to inject capital with a successful eToro user. Anything that your chosen trader subsequently goes on to invest in will be mirrored in your own account. When it comes to storage, eToro offers one of the best crypto wallets in the market – which can be downloaded as a mobile app for iOS and Android smartphones. Finally, in addition to cryptocurrencies, eToro also supports stocks, forex, ETFs, indices, and more.

>>>Buy XRP Now<<<

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

2. Crypto.com – Best Platform to Buy XRP With a Debit Card

Another good way to buy XRP is through Crypto.com. The platform offers a user-friendly way to buy XRP from the comfort of home. You can complete your purchase after opening an account and uploading some ID. While some users prefer to use the Crypto.com website to buy and sell digital currencies, the provider also offers a popular mobile app for iOS and Android. Either way, when you buy XRP at Crypto.com – the fastest payment method is to opt for a debit card.

This will allow you to purchase your chosen number of tokens instantly, albeit, the standard fee for debit card transactions at Crypto.com is 2.99%. The good news, however, is that for the first 30 days after opening your account, this fee is waived. When it comes to commissions, Crypto.com charges a standard rate of 0.4% per slide. You can, however, reduce your commission by trading higher volumes or holding the platform’s native token – CRO.

Once you have invested in XRP, you might then consider checking out the 250+ other supported tokens on the Crypto.com platform. Moreover, the platform offers a range of other crypto-centric services, such as the ability to earn interest on your investments. There are no lock-up periods to benefit from an interest-earning account and APY rates will vary depending on the respective token. Finally, Crypto.com also offers its own debit card that allows you to spend your crypto in the real world.

>>>Buy XRP Now<<<

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

3. Binance – Buy XRP With Crypto at Very-Low Fees 

Binance is the most popular exchange in the cryptocurrency trading arena, with volumes that often surpass $11 billion per day. Moreover, the exchange is home to over 100 million trading accounts. In order to buy XRP at Binance, you can either deposit funds with dollars or crypto. The latter, however, offers the cheapest way to access XRP, not least because you will only pay a commission of 0.10% per slide.

If opting for a debit or credit card payment, the specific fee will depend on your location. For instance, those in the US will pay 4.5% of the transaction amount – which is expensive. Banking options – such as ACH and wires, are fee-free, but it can take several days for the funds to land in your Binance account. Nevertheless, once you have bought XRP, the tokens will then be placed in your Binance web wallet.

The web XRP wallet offers a range of security tools, such as two-factor authentication, device whitelisting, and cold storage. Furthermore, Binance also has a Safe Asset Fund for Users (SAFU), which is an insurance policy to help compensate traders in the event of a hack. Alternatively, Binance also offers a non-custodial storage facility in the form of the Trust Wallet, which can be downloaded free of charge on both iOS and Android devices.

And as such, anyone can buy and sell XRP at the click of a button. Like any other digital asset that trades on public exchanges, the value of XRP will rise and fall throughout the day. Therefore, when you buy XRP for your own portfolio, you will make a profit if the value of XRP increases – in relation to your original cost price.

>>>Buy XRP Now<<<

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

Is XRP a Good Investment?

XRP is one of the most established cryptocurrency tokens in this industry. This gives the project a solid foundation base and track record that very few tokens can mirror.

However, whether or not XRP is a viable investment for your portfolio remains to be seen. In order to make an informed investment decision today, we would suggest researching the project from top to bottom.

To help you along the way, below we explore some of the core reasons why you might decide to buy XRP.

Cross-Border Fees 

In addition to slow transactions, SWIFT and other legacy payment networks can be expensive. This is especially the case when banks and financial institutions are required to send and/or receive an emerging currency.

This is because – as we cover in more detail shortly, emerging currencies suffer some low liquidity levels, and thus – transactions require the services of corresponding banks.

However, in the case of Ripple and XRP, the underlying technology permits super-cheap transfer fees – regardless of the currency of the location of the transacting parties.

In fact, since the Ripple network was launched, the average transaction fee stands at just $0.0008007. This means that banks and financial institutions can transfer significant sums of capital while paying just a tiny fraction of a cent in fees. It is important to note that XRP transaction fees are also cheap in comparison to other blockchain networks.

Interbank Transaction Speed

We briefly mentioned above that Ripple and XRP allow banks and financial institutions to move away from the SWIFT network, which has dominated the vast bulk of interbank transactions since the 1970s.

  • In fact, trillions of dollars worth of capital go through the SWIFT network each and every day – even though the framework is slow, expensive, and filled with regulatory red tape.
  • Regarding transaction speeds, interbank transfers that currently go through SWIFT can take 3-5 working days to settle, especially if less-liquid currencies are being used.
  • However, in the case of Ripple and XRP, the average transaction time is just 3.86 seconds.
  • Not only is this the case irrespective of where the sender and receiver are based – but the specific currencies being used in the transaction.

Moreover, it is important to note that XRP is not just faster than legacy networks like SWIFT. On the contrary, when you compare XRP to the likes of Bitcoin – which requires 10 minutes to settle a transaction, XRP is actually one of the fastest blockchains in this industry.

And as such, Ripple and XRP have the required efficiency levels to become the go-to network for global payments.

Scalability  

When you come across the term scalability in the blockchain industry, this refers to the number of transactions that a network can facilitate on a per-second basis.

  • For example, Bitcoin is able to handle just 7 transactions per second.
  • In the case of Litecoin and Dogecoin, an average of just 56 and 33 transactions per second can be processed.
  • However, XRP is significantly more scalable, with the Ripple network consistently handling 1,500 transactions per second.
  • With that said, Ripple also notes that should it need to – its network can mirror that of Visa, which can handle up to 65,000 transactions per second.

This is absolutely crucial if Ripple and XRP wish to become the dominant payments network in the global interbank transaction industry.

After all, trillions of dollars worth of currency change hands between banks and financial institutions each and every day.

>>>Buy XRP Now<<<

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

 Best Ways of Buying XRP

This guide has thus far covered the the best place to buy XRP – including reviews of top XRP exchanges and brokers and reasons to buy XRP

Moving on, we will now discuss the best way to buy XRP online, in terms of paying for your digital tokens.

Buy XRP With Credit Card or Debit Card

Buying XRP from the comfort of your home can be achieved in less than five minutes when using a credit/debit card.

All you need to do is quickly register an account with a low-cost broker like Bitstamp, enter your card details, and that’s it – your XRP tokens will be added to your portfolio instantly.

With that being said, the average fee on credit/debit card payments in the crypto space is between 3-5% – so it’s important that you do your homework before opening an account. For instance, at Crypto.com and Binance – you will be charged 2.99% and 4.5% respectively.

>>>Buy XRP Now<<<

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

Buy XRP With Paypal

Some cryptocurrency brokers will also allow you to deposit and withdraw US dollars via your Paypal account.

If you do decide to buy XRP with Paypal, you will benefit from an extra layer of security – insofar as you will not be required to enter your credit/debit card details directly.

In terms of where to buy XRP with Paypal, eToro allows you to do this on a fee-free basis. Once again, this is on the proviso that your Paypal account is funded in USD. Otherwise, you will pay a fee of 0.5%.

>>>Buy XRP Now<<<

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

Buy XRP With Neteller or Skrill

If you hold funds in an alternative e-wallet, eToro also allows you to buy XRP with Neteller and Skrill. Alternatively, you might even consider depositing funds via WebMoney. Either way, no fees apply for USD deposits and the transaction will be processed instantly.

>>>Buy XRP Now<<<

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

Choosing an XRP Wallet

When it comes to wallets, XRP works differently from virtually all other cryptocurrencies. This is because Ripple requires you to allocate 20 XRP as a reserve. That is to say, if you wish the wallet to remain active, you cannot withdraw this 20 XRP.

Based on a price of $0.84 per XRP as of writing, this amounts to just under $17. \And of course, when XRP peaked at $3.40 – this would require a total lock-up of $68.

As a result, this will not be suitable for people that wish to invest a small amount of money into XRP. The good news is that if you buy XRP from the SEC-regulated broker eToro, this 20 XRP minimum is not required.

This is because as soon as you make your purchase – which requires a minimum investment of just $10, the XRP tokens will be added to your eToro web wallet. The tokens will remain there safely until you are ready to cash out.

>>>Buy XRP Now<<<

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

How to Buy XRP – Tutorial

This guide has covered each and every factor that you need to be made aware of before you invest in XRP.

If you’ve made your mind up and wish to learn how to buy Ripple right now with the low-fee trading platform Bitstamp in less than five minutes – follow the detailed step-by-step guide below.

Step 1 – Open an Account

Navigate to eToro’s homepage and click ‘Get Started’. Enter your name and date of birth, then provide a valid email address to create your account.

>>>Buy XRP Now on eToro<<<

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

Step 2 – Verify Account

To gain full use of your eToro account, you will have to verify your identity. To do so, click ‘Personal account verification’ on your profile page and fill in the form required for the KYC checks. You’ll then be asked to upload proof of ID (e.g. passport) and proof of address (e.g. bank statement) for verification purposes.

Step 3 – Make a Deposit

Once verification is complete, click ‘Deposit’ on your dashboard and choose whether you will be using a credit/debit card or a bank wire. Select which currency you wish to deposit, and eToro will provide you with their bank details and a personal message.

Step 4 – Buy XRP

Head over to eToro web-based trading platform and search for XRP. Click ‘Buy’, and an order box will appear on the screen. In this box, choose which order type you’d like to use, enter your position size, and click ‘Buy’ again to facilitate the trade.

>>>Buy XRP Now<<<

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

How to Sell XRP

We noted earlier that once you invest in Ripple at eToro, the tokens will be added to your web wallet without requiring the 20 XRP lock-up.

As such, if you want to sell XRP, you can do this at any given time by heading over to your portfolio and executing a sell order. The tokens will then be sold for US dollars and the proceeds added to your account.

Conclusion – How To Buy XRP

Ripple and its underlying XRP token offer a highly efficient blockchain network for banks and financial institutions to transact on a cross-border basis.

Unlike legacy payment systems such as SWIFT, Ripple permits fast, cheap, and burden-free transactions irrespective of the location of the sender or receiver, or the currencies being used.

If this project aligns with your long-term investment goals – you can buy XRP right now with low fees by signing up with eToro. There is no minimum deposit threshold to worry about when using this platform and trades can be opened with fees as low as 1%.

>>>Buy XRP Now<<<

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

Frequently Asked Questions When Buying XRP

Where can I buy XRP?

If you’re wondering where to buy Ripple, consider using eToro to benefit from their low-fee pricing model. There is no minimum deposit threshold to invest in XRP from the comfort of home. Moreover, eToro offers the best app to buy XRP on iOS and Android devices.     

What is the best way to buy Ripple?

Although Crypto.com and Binance are worth considering, we found that the overall best place to buy XRP is eToro – in terms of fees, security, regulation, and account minimums. 

>>>Buy XRP Now<<<

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

 

XRP Price Prediction 2022 – 2030 

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XRP has been one of the most successful cryptocurrencies in the world, with its price skyrocketing in early 2017. However, since the SEC instituted legal proceedings against Ripple in 2020, things have not been rosy for XRP. 

In fact, in the last bull run, when Bitcoin and other best cryptocurrencies hit new all-time highs, XRP did not retest its 2017 highs. That said, XRP has remained resilient, especially in the current bear market, an indicator that the future could be bright.

This article looks at different XRP price predictions for the remaining part of 2022 and for years to come, up until 2030. We will also give you an idea of how to buy XRP easily.

According to the latest long-term XRP price forecast, the Ripple token will reach $0.67 by the end of 2022, rising to $1.76 by the end of 2023 and $3.07 by the end of 2025. XRP will then rise in value to $6.58 in 2027, and $19.37 in 2030.

If you’ve ever wondered ‘is XRP a good investment?’ or ‘Can it be worth more than Ethereum?’ — read on. We’ll be exploring some of the top XRP forecasts to see how much the crypto might be worth between 2022 and 2030. 

>>>Buy XRP Now<<<

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

XRP Price Prediction

Like the rest of the market, XRP has been on a downtrend for most of 2022. However, XRP has started stabilizing at around $0.33. Will it keep going down, or is another price rally underway?

Read on, for an in-depth XRP price forecast for the remaining part of 2022 and the next 8-years. 

  • End of 2022: Like the rest of the market, XRP has largely been volatile for most of 2022. After a series of declines, XRP has been downtrend due to pressure from the broader market and regulatory issues surrounding Ripple. However, with volumes dropping across the market, XRP could rally towards the end of the year if there is a spike in volumes. For this reason, our XRP price prediction for the end of 2022 is $0.60.
  • End of 2023: Even if there is a market-wide pump for cryptocurrencies, one cannot be lost in the fact that the cryptocurrency market tends to move in cycles. We are just in the first year of the bearish cycle, and if past cycles are anything to go by, then cryptos could drop in the early part of 2023 before consolidating for the rest of the year. For this reason, our XRP price forecast for 2022 is $0.50.
  • End of 2025: Going by past cryptocurrency cycles, the entire cryptocurrency market could rally after the 2024 Bitcoin rally. This rally could reach its peak in 2025. The case against Ripple will possibly have ended at that time, too, which could see XRP hit its maximum potential. That’s why our XRP price forecast by the end of 2025 is $5.
  • End of 2030: Ripple XRP is set to an enormous high of $12.31 by 2030.

>>>Buy XRP Now<<<

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

A Historical Look at The Price of XRP

Like all other assets, you need a good background of a cryptocurrency’s price to make an informed decision on where it could go next. Going by its past price action, there is no doubt that XRP is one of the best cryptocurrencies to buy Today. 

For nearly a decade now, XRP has been trading amongst the top 10 cryptocurrencies by market capitalization. It was the third largest cryptocurrency up until the case between Ripple and the SEC came up in 2020, pushing it lower on market cap rankings. 

With this background, let’s now look at where XRP could go in the coming months and years. 

One of the most significant aspects of XRP is its connection to Ripple. While it is not a Ripple security – holding XRP does not give you a stake in Ripple – it is often construed as such. It is the reason XRP was heavily affected when the SEC case against Ripple started. 

In reality, the two are different. XRP is a cryptocurrency, just like Bitcoin, Ethereum, and all the rest. The only difference is that Ripple, a financial services company, chose to use XRP as its native cryptocurrency for cross-border payments. Also, some of the people who created the Fintech company Ripple were involved in developing XRP. 

While being associated with Ripple has given XRP a lot of impetus in the market over the years, it is not the only reason for XRP’s success. Part of the reasons why XRP is one of the best altcoins ever created is because of its potential to transform the banking industry.

 XRP is known for its fast transaction speeds and low costs. This, coupled with Ripple’s next-gen technologies, such as RippleNet, make XRP a cryptocurrency with the potential to restructure the trillion-dollar cross-border payments market. 

Like Bitcoin and other cryptocurrencies, XRP first made global headlines in 2017 when it rallied by an unprecedented 1200% in weeks. By the peak of the cryptocurrency rally in December 2017, XRP was trading at a high of $3.84. 

However, following the cryptocurrency crash that started in January 2018, XRP faced a massive retreat. XRP then entered a consolidation in 2019, but after the SEC instituted a lawsuit against Ripple in 2020, XRP dipped again and lost its position as a top three cryptocurrency by market capitalization.

However, as the market started rising again after the Bitcoin halving in April 2020, XRP gained momentum. By the end of 2020, XRP had rallied by 795%. However, due to the dent that the case against Ripple had put on XRP, it did not manage to reach its all-time highs. 

Since then, XRP has continued trading in the market’s overall direction. As of September 2022, XRP is trading at $0.33. 

Here is a brief of how XRP has been trading since it entered the market in 2012.

  • Jed McCaleb developed the XRP code and it entered the market in 2012.
  • As banks started showing interest in Ripple products in 2017, XRP rallied by 1200%.
  • In January 2018, XRP hit an all-time high of $3.84.
  • XRP dropped for most of 2018 before entering a consolidation phase in 2019.
  • XRP dropped in early 2020 after the SEC instituted legal proceedings against Ripple.
  • XRP rallied towards the end of 2020 but failed to retest its all-time highs of 2017.
  • XRP has dropped in price in 2022 alongside the rest of the market. 

>>>Buy XRP Now<<<

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

XRP Price Predictions Long Term Outlook

As a long-term investment, it is projected that XRP crypto could perform very well. According to predictions, the value of the XRP token could rise to $0.65 by the end of 2022, $1.70 in 2023, and achieve a mean price of $3.45 by 2025. That’s a modest but steady increase of over 320%.

XRP Price Prediction 2022

To decide on the best cryptocurrency to buy now, it is best to understand its potential both in the short term and the long run. Like all other cryptocurrencies, it can be tough telling the direction that XRP will go at any given time. However, by looking at its price action, fundamentals, the broader market, and other macroeconomic factors, it is possible to make an informed XRP price prediction.

One of the most important factors to consider when making an XRP price prediction is the case between Ripple and the SEC. Back in 2020, the SEC filed a lawsuit against Ripple claiming. In the lawsuit, the SEC claimed that Ripple had sold over $1.3 billion of unregistered securities by issuing XRP. The case is why XRP lost its top 3 position in crypto rankings and one of the reasons why XRP has largely underperformed in the market. 

In its case, the SEC wants Ripple to be fined the total $1.3 billion it raised through XRP and interest. While there has regularly been speculation that the two parties could eventually reach an out-of-court settlement, this has not been the case. As such, any time the case comes up for mention or new developments come up, XRP gets volatile.

It also creates anxiety amongst investors who want to buy XRP but are afraid that if the SEC wins the case, they could end up in deep losses. On the other hand, the ongoing crisis presents a massive buying opportunity for investors betting on Ripple winning the case. That’s because such an outcome would be a massive buy signal that could easily push XRP past its 2017 highs. 

Then there is also the fact that XRP does not operate in isolation. In 2021, XRP rallied on the strength of the broader market rally. Similarly, it dropped hard in 2022, following the crash across the cryptocurrency market. 

Based on these factors, our XRP price forecast for 2022 is $0.60. That’s a potentially huge increase in price, given that XRP is currently trading around $0.37.

>>>Buy XRP Now<<<

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

XRP Price Prediction 2023

If you are a long-term investor, the best cryptocurrencies to buy now are those with utility. That’s because these have the potential to keep going up over time, the market volatility notwithstanding. 

 XRP is one of the top 10 cryptocurrencies that have high utility. That’s because it is the native token of Ripple, a fintech company fast gaining traction in the cross-border payments market. 

While traditional cross-border payments can take up to 24 hours to process, Ripple, using XRP, can easily do the same in just a few seconds and at a fraction of the cost. As such, there is an incentive for banks to move to this system, which makes XRP a potentially high-growth cryptocurrency going into the future. However, with the lawsuit still ongoing, it could hold XRP back from exponential growth in 2023. 

At the same time, going by past crypto cycles that follow the Bitcoin halving cycle, XRP will likely start 2023 in the red before entering a consolidation phase towards the end of the year. For this reason, our XRP forecast for 2023 is around $1.50.

>>>Buy XRP Now<<<

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

XRP Long Term Price Forecast – 2025 and beyond

Up to this point, it is clear that XRP is a high potential cryptocurrency that could be rewarding to both short- and long-term investors. There is a chance that Ripple could win the case against the SEC. Adoption also continues to grow despite the ongoing case. Among the businesses that have already adopted Ripple technologies are top banks like Bank of America and Santander. All this gives XRP lots of potential as a high-value cryptocurrency to hold long-term.    

At the same time, the broader market is likely to keep supporting XRP going into the future. For instance, if the current crypto cycle follows past ones, the entire crypto market could enter a bull market in 2024. This bull cycle could peak in 2025.

This rally, coupled with growing adoption, is why our XRP price forecast for 2025 is $2.75. 

>>>Buy XRP Now<<<

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

XRP Price Predictions 2030

Our long-term 2030 XRP price forecast points to a 2,183% increase since today’s price with the token expected to hit an impressive all-time high of $12.71.  

Will Ripple XRP Hit $10?

There’s a high possibility of XRP to reach $10 within the next seven years. Considering the digital asset has seen a staggering growth rate of 35,500% before, $10 wouldn’t be out of the question at XRP’s current price.

Will XRP Reach $1,000?

No, it is highly unlikely XRP will reach the $1,000 mark. This is because its total circulation is less than 100 billion, which means it would need to have a market cap of $90 trillion for XRP to hit a price of $1,000.

Is Ripple A Good Investment?

Yes, XRP is a good buy. Since its launch in 2013, it has increased enormously in the long term and is backed by some of the largest banks and financial institutions in the world.

>>>Buy XRP Now<<<

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

XRP Potential Highs and Lows

When investing in XRP, you can expect it to deal with high volatility. It’s just the nature of the cryptocurrency market. 

You don’t have to worry about this, though, as our XRP price predictions factor in the potential highs and lows XRP could make over the years. 

Check out the table below for XRP price predictions highs and lows. 

XRP Use Cases

Of the over 20k cryptocurrencies in the market Today, XRP is one of the few with high utility. If you want to buy and hold XRP, here are some of its core use cases that you might find interesting. 

XRP is used for fast money transfers

XRP is one of the best methods to make cross-border payments. XRP can handle up to 1500 transactions per second and at pennies. With Ripple already using XRP in its cross-border payments system, you can expect this use case to keep growing over time. This factor could play a significant role in XRP’s value growth going into the future. 

XRP can help the billions of unbanked people globally

Over a billion people globally have no access to financial services. Cryptocurrencies present an opportunity for the financial inclusion of such people and give them a chance at wealth building.

XRP is of the cryptocurrencies best suited for this role due to its low-cost and fast transactions. This makes XRP a worthwhile cryptocurrency to buy and hold for the long haul.

XRP as a speculative asset

Asset speculation is an economic activity in its own right. That’s because it creates jobs for the speculators and taxes for governments. On this front, XRP is one of the best. That’s because it is highly volatile and presents many opportunities for buyers and short sellers at any given time. 

Key XRP Price Factors and Drivers

If you have been reading the article so far, you have a good idea of XRP price history, price predictions, and its use cases that justify it as a good cryptocurrency investment today.

Now let’s take an in-depth look at the key factors that could play a role in XRP’s price going into the future. 

  • The SEC case against Ripple

We had mentioned earlier that the ongoing case between Ripple and the SEC has a bearing on XRP’s price. It was the reason XRP lost its ranking as the 3rd largest cryptocurrency by market cap. Until it comes to a conclusive ending, XRP will continue to go up and down depending on traders’ speculation on how the judgment could go.

  • Broader market price action

Despite its strong use cases and growing adoption, XRP is still heavily influenced by Bitcoin’s price action. Whenever Bitcoin uplifts the broader market, XRP goes up as well. The reverse also holds true. At the moment, rising inflation and the war in Ukraine have turned the entire cryptocurrency market heavily bearish, and XRP has followed the trend. 

Where do I buy XRP?

At this point, you have a good answer to the question, ‘is XRP a good cryptocurrency investment today?’ If based on our XRP price predictions, you believe it is a worthwhile bet, the next question is, where do I buy XRP?

There are many places where you can buy XRP. One of the best cryptocurrencies where to buy XRP is eToro. 

eToro is trusted by more than 20 million users globally, and for a good reason. Unlike most cryptocurrency exchanges, eToro is regulated by top regulatory bodies such as the FCA, CySEC, FinCEN, FINRA, and ASIC. 

eToro is also known for its affordable trading fees. You will also love the fact that eToro allows pretty low deposits. You can deposit as low as $50 and buy XRP for as low as $10. 

eToro also comes with multiple deposit methods. You can make a card deposit, do a bank wire transfer, or even use an eWallet such as Skrill, Neteller, and even PayPal. 

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

XRP Price Forecast – Conclusion

From this guide, you must have gained valuable insights into the recent  XRP price predictions, use cases, and key factors going into the future.  

XRP has been rough since the SEC started legal proceedings against Ripple in 2020. If the case ends in Ripple’s favor, it could send XRP rocketing and easily make it one of the best-performing cryptocurrencies ever. 

Besides, XRP adoption is on the rise, a factor that could help anchor the price up once the broader market gains upside momentum again. 

FAQs on XRP Price Forecasts

What price will XRP be trading at the end of 2022?

If there is a spike in crypto prices in the last quarter of 2022, XRP could end the year between $0.85 and $1.60. 

What price will XRP be trading at in 2025?

Based on our XRP analysis, the token will likely be trading at around $2.50 by the end of 2025.

Can XRP hit $1 in 2022?

XRP has reached $1 price in the past, so it is an achievable target. However, for XRP to reach the $1 mark price in 2022, the broader cryptocurrency market must turn bullish again. XRP can also hit 1 USD if the SEC issue is won by Ripple. 

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

Top 10 Best Altcoins to Invest in 2022 – Which Altcoins to Buy Today?

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In this article, we discuss the best 10 altcoins to buy and invest in 2022.

Altcoins, or alternatives to Bitcoin, refer to cryptocurrencies other than Bitcoin. Of the 20,000+ altcoins listed on CoinMarketCap, traders and investors have plenty of projects when it comes to choosing suitable digital assets for their portfolio.

In this guide, we discuss the top 10 best altcoins to buy right now – all of which offer an attractive upside potential. They range from new altcoin projects launched this year, to some well-established assets with a high market cap. 

10 Top Altcoins to Buy in 2022

Below is our top list of the 10 best altcoins to buy today. Keep a diversified portfolio as while the potential gains are higher on altcoins, so is the potential downside.

  1. Ethereum – Overall Best Altcoin to Buy Now
  2. ApeCoin – Best New Altcoin to Buy
  3. The Sandbox -Top Altcoin to Invest in the Metaverse
  4. Theta – Top Altcoin Today Featuring Compelling Use Case
  5. FTX Token – Best Altcoin with Various Use Cases
  6. Yearn.finance – Great Altcoin to Invest in Decentralized Financial Services
  7. Cosmos – Interoperability Serves a Real Purpose in the Blockchain Space
  8. Uniswap – Leading DEX With a Popular Altcoin Backing its Ecosystem
  9. Decentraland – Top-Performing Altcoin Backing a Real Estate Metaverse
  10. Solana – One of the Best Altcoins to Challenge Ethereum’s Dominance

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

A Closer Look at the Best Altcoins to Invest in

Considering just how many digital currencies are now in circulation – choosing the best altcoins for your portfolio is no easy feat. You’ll also need to choose the best altcoin exchange with the lowest fees.

You’ll need to research key metrics surrounding the goals of the project, its historical price action, current market capitalization, and more. With this in mind, the sections below offer a full analysis of the overall best altcoins to invest in this year:

1. Ethereum – Best Altcoin to Buy Now

 

Ethereum is overall the best altcoin to buy today. Ethereum needs no introduction, as the blockchain network has become the go-to for decentralized application (dApp) developers worldwide. Ethereum’s network provides the foundation for these apps, thanks to its smart contract functionality. These smart contracts remove the middleman from certain transactions, making the process entirely decentralized. Considering Ethereum’s use cases and massive rallies it’s done, it definitely is one of the hottest cryptocurrency to buy right now.

 

Ethereum is the second-largest cryptocurrency by market capitalization. It’s the biggest altcoin, and went on a massive bull run in 2021, reaching its current all-time high (ATH) of $4,840. The coin has made new lows since then, but the project’s future has given investors hope of another price spike.

Some analysts predict that Ethereum will reach $12,000 by 2025. That will mean that the Ethereum bull run will last for at least four years, since it started in 2021. Anything is possible, but we have to use the history of the crypto market to base our decision. And the crypto market has never been in a four-year bull run and without massive crashes.

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

  1. ApeCoin (APE) – Best New Altcoin to Invest in

Many investors believe that ApeCoin is the hottest cryptocurrency for 2023, thanks to the coin’s link to the super-popular Bored Ape Yacht Club (BAYC) NFT collection. BAYC is undoubtedly one of the best NFTs to buy and has achieved cult status within the market. This status has aided ApeCoin, helping its price surge over 270% in the weeks following its listing.

ApeCoin could be the hottest cryptocurrency to buy due to its price potential, which will be heavily influenced by its ‘meme’ status. However, ApeCoin also has various use cases, such as being used in ‘the Otherside’. This is the BAYC creators’ latest project and looks set to be one of the best metaverse platforms of 2023.

 

APE has also been integrated into several blockchain-based games, such as the popular Benji Bananas platform. Furthermore, since ApeCoin is structured as a DAO, the token holders have the final say regarding governance. Although its price has fallen recently, ApeCoin remains one of the hottest altcoins of the year.

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  1. The Sandbox – Top Altcoin to Invest in the Metaverse

The next digital currency to consider from our list of the best altcoins to buy in 2023 is the Sandbox. In a nutshell, this project specializes in the Metaverse, whereby players from all over the world can explore the Sandbox ecosystem while communicating and networking.

Within the Sandbox Metaverse, users can create and personalize their own character, which can then be used to compete in play to earn games. This means that when certain tasks are accomplished, users can earn the platform’s in-game currency – SAND. What we also like about the Sandbox is that it is home to an abundance of NFTs.

For instance, the Sandbox allows you to use your SAND tokens to buy plots of land. You can then build property on this land and attempt to sell the respective NFT on the open marketplace. As a prime example of how lucrative this can be, a Sandbox user recently sold 100 virtual islands for the crypto-equivalent of $4.2 million.

In terms of how SAND has performed in the market itself, this altcoin has generated huge returns since it was launched. According to CoinMarketCap, the Sandbox was initially priced at $0.05 in mid-2020. This altcoin last peaked in November 2021, whereby a price of over $8.40 was breached.

And as such, this translates into gains of over 16,000%. Not bad for just over one year of trading. With that being said, and like most altcoins in this industry, SAND has since retreated in value. As of writing, you can buy this top-rated altcoin at a heavily discounted price of under $3 per token.

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

4. Theta (THETA) – Top Altcoin Today Featuring Compelling Use Case

Did you know that Theta is one of the most undervalued altcoin and best utility cases in 2023?

Those who invest in cryptocurrency regularly may have heard of Theta, which has burst onto the scene over the past year. Theta is considered one of the best new crypto coins because it aims to revolutionize how video streaming works. This is accomplished by making the process decentralized rather than centralized (as is the case with YouTube).

Content creators will get paid for sharing videos in TFUEL – one of the Theta network’s native tokens. The network uses the THETA token for governance, although it can also be used for staking, which exchanges it into TFUEL. Finally, Theta has already garnered investment from leading companies like Sony and Samsung, highlighting why it is the top crypto altcoin on our list.

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

5. FTX Token (FTT) – Best Altcoin with Various Use Cases

Another one of the best new altcoin to consider adding to your portfolio is FTX token. FTX has emerged as one of the best crypto exchanges in the last few years, offering over 300 cryptocurrencies for users to trade. Like other exchanges, FTX has its own native cryptocurrency called ‘FTX Token’, which is used to enhance the user experience.

It’s a top altcoin to buy and has various use cases within the FTX ecosystem, such as being used to reduce trading fees and staking. FTX Token is also used as collateral for futures positions since the platform focuses heavily on derivatives.

However, those looking to buy cryptocurrency for speculative reasons can also purchase FTT to gain exposure to the FTX platform’s growth. FTT’s price rose a staggering 2,290% between November 2020 and September 2021, reaching an all-time high of $85. Although the price is well below that now, this highlights the token’s potential if a rebound were to occur.

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

6. Yearn.finance – Great Altcoin to Invest in Decentralized Financial Services  

We are huge proponents of the business model employed by Yearn.finance – which specializes in decentralized financial services. Put simply, the platform connects borrowers and investors – meaning that there is no longer a requirement for a third-party intermediary. Instead, crypto loans at Yearn.finance are facilitated loans via automated smart contracts.

In its basic form, borrowers are required to put up a certain amount of collateral in the form of digital tokens. In return, the smart contract will then allow the user to borrow an amount of capital against the said collateral. And, in addition to returning the funds back within an agreed timeframe, the borrower will also be required to pay interest.

At the other end of the transaction, you have investors. Said investors will deposit funds into the Yearn.finance ecosystem, which is then used to facilitate loans. In turn, investors will be paid a yield on their capital outlay – with the specific APY design on a variety of factors – such as the respective token and lending terms.

If you like the sound of this top-rated DeFi coin project, you can easily buy Yearn.finance from the comfort of your home. This is the case even though Yearn.finance is one of the most expensive altcoins in the market. For instance, the digital currency hit highs of over $90,000 in 2021 – making it even more valuable than Bitcoin in token terms.

With that said, you can invest from just $10 into Yearn.finance when using eToro. Nevertheless, in terms of its performance, Yearn.finance and its YTI token were initially priced at just under $1,000 in 2020 – as per CoinMarketCap. Moving into 2022, the same altcoin is trading at less than $19,000. This means that since it was launched, this altcoin has grown by over 1,800%.

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

7. Cosmos – Interoperability Serves a Real Purpose in the Blockchain Space  

If you haven’t previously come across the term interoperability, in the traditional computing industry this refers to two or more systems having the capacity to communicate with one another. In the cryptocurrency arena, interoperability, therefore, refers to the challenges faced by different blockchain networks that may have the need to share data.

These challenges have, however, since been allocated with the growth of Cosmos and its ATOM token. In a nutshell, Cosmos provides the required technology for the likes of Bitcoin and Cardano or EOS and Ripple to collect and share data. This means that in theory, Ethereum smart contracts can make decisions based on specific Bitcoin transactions.

And, in order for competing blockchains to use this innovative technology, the ATOM token is required. And as such, this is why ATOM is one of the best-performing altcoins of recent years. As per CoinMarketCap, ATOM was priced at just $7.50 back in early 2019. As of early 2022, ATOM breached a price of $43 per token.

And as such, this represents very healthy gains of over 480% in just under three years of trading activity. With that being said, Cosmos and its native ATOM token have since dropped in value in line with the wider altcoin marketplace. As such, you can now get your hands on this altcoin at a bargain price of under $30 per token.

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

8. Uniswap – Leading DEX With a Popular Altcoin Backing its Ecosystem 

Another top-rated project that makes our list of the best altcoins to buy in 2023 is Uniswap. Founded in 2018, Uniswap was one of the first exchanges to introduce the concept of decentralized trading. In a nutshell, this means that people can now buy and sell altcoins without needing to go through a centralized exchange.

If you’re wondering how this is possible, there are certain innovative factors at play. First and foremost, Uniswap does not rely on traditional bid/ask order books to create a safe and fair trading space for the generation of sufficient levels of liquidity. On the contrary, Uniswap uses an AMM – or automated market maker model.

Put simply, the AMM model determines altcoin prices based on a variety of factors – such as demand, volume, and market capitalization. In addition to decentralized trading services, Uniswap also gives you the opportunity to earn a yield on your idle altcoins.

This is because you can provide the Uniswap AMM with liquidity, which in turn, will generate interest in your deposit. Moreover, you can invest in the broader Uniswap ecosystem by purchasing its UNI token – which is one of the most popular altcoins to buy right now.

According to CoinMarketCap, the UNI token was trading at just under $7 in late 2020. After going through a somewhat rocky ride in the following few months, Uniswap then went on a rapid upside trend. In fact, the UNI token hit highs of just over $44 in mid-2021 – which translates into gains of more than 500%.

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

9. Decentraland – Top-Performing Altcoin Backing a Real Estate Metaverse 

If you have an interest in the future of Metaverse coins, then you might have liked the sound of the Sandbox – which we analyzed above. With that said, Decentraland is also one of the best altcoins to buy in 2023 if this niche marketplace is something you wish to gain exposure to.

This super-popular project – which was founded in 2017, is now used by thousands of people each and every day. These numbers continue to grow and perhaps, most importantly, so does the number of transactions being conducted in the Decentraland ecosystem. More specifically, Decentraland has facilitated some huge digital real estate trades in recent months.

For example, in late 2021, an area within the Decentraland Metaverse known as Fashion Street Estate, sold for a reported $2.4 million. Crucially, Decentraland allows users of all budgets to buy plots of land, which then can be used to build real estate projects. And in turn, each project can then be sold on the Decentraland NFT marketplace.

Each and every transaction executed within the Decentraland ecosystem is conducted in the platform’s native altcoin – MANA. And with this in mind, it goes without saying that MANA has performed extremely well since it was launched in late 2017. As per stats extracted from CoinMarketCap, you would have originally paid just $0.025 per MANA token.

When the project last peaked in late 2021 with the wider Metaverse scene, MANA was trading at over $5.90. This means that those buying into this project in late 2017 would have been looking at end-to-end profits in excess of 23,000%. As such, a mere investment of just $500 would have translated into a portfolio worth over $115,000.

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

10. Solana – One of the Best Altcoins to Challenge Ethereum’s Dominance

Solana, alongside a number of other altcoins, is often referred to as an Ethereum Killer. This means that many market commentators believe that Solana could one day overtake Ethereum as the leading smart contract platform. But is Solana a good investment? The main reason for this is that the Solana blockchain is significantly more efficient in terms of speed, scalability, and fees.

For example, in its current form, Ethereum is only able to facilitate an average of 16 transactions per second. In comparison, the Solana blockchain can reportedly handle over 65,000 transactions per second. Moreover, you might be aware of the ongoing issues that Ethereum has with respect to high fees.

In a nutshell, transactions taking place on the Ethereum blockchain – no matter how small, average $4 as of writing. This means that Ethereum is not suitable for processing micro-transactions – which is crucial in the smart contract scene. In comparison, Solana is able to process transactions at less than 1/1000th of a cent, making it one of the greenest cryptocurrency.

The aforementioned capabilities of the Solana blockchain has resulted in its native altcoin – SOL, becoming a top-10 cryptocurrency project in terms of market capitalization. Looking at the price performance of SOL, CoinMarketCap notes that it was priced at just $0.78 in early 2020.

Since then, Solana has breached highs of over $260. To put this rapid growth into perspective, this represents gains of over 33,000% in just under two years of trading. Moving into 2023, however, Solana has since hit lows of $80-ish, which means that now could be a great time to enter the market. There’s no doubt that Solana is one of the hottest cryptocurrency to buy right now.

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

What are Altcoins?

The term altcoin is an abbreviated way of discussing alternative coins to Bitcoin. This means that of the 18,000+ digital tokens listed on CoinMarketCap, each and every project can be classified as an altcoin – apart from BTC.

And as such, this means that you have a significant number of altcoins to consider for your cryptocurrency portfolio. It is important to note that altcoins will vary considerably in terms of the project and roadmap targets, market capitalization, historical performance, and legitimacy.

As a result, knowing which altcoins to buy can be challenging. For instance, while the likes of Shiba Inu and BNB have generated life-changing returns since being launched, many altcoins have since lost over 95% in value. Therefore, when deciding on which altcoins to buy for 2023, you will need to do lots of homework.

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

Are Altcoins a Good Investment?

If you’re wondering whether you should buy altcoins or just stick with Bitcoin, this section is for you. Within it, we discuss some of the main reasons why you might consider investing in a selection of top-rated altcoins today.

Many Altcoins Have Generated Life-Changing Returns  

First and foremost, perhaps the main reason why you might consider buying a selection of altcoins today is that many projects have generated life-changing returns.

We gave some examples earlier in our analysis of the best altcoins for 2023, but allow us to elaborate further.

  • For example, we mentioned just a moment ago that when BNB was launched in late 2017, a single token was worth just $0.11.
  • And, as of writing, the project is carrying 52-week highs of $690.
  • This equates to end-to-end gains in excess of 690,000%. And as such, had you invested just $1,000, at its peak, your money would have been worth $6.9 million.
  • In another example, we also mentioned that Decentraland and its MANA token has since witnessed growth of 23,000%.
  • And therefore, a $1,000 investment into this altcoin would have been worth over $230,000.

With that said, and as we covered earlier, not all altcoins will perform as well as the likes of BNB and Decentraland – so it’s important that you set yourself realistic expectations before you make a purchase.

Altcoins Outperform Bitcoin  

It is not only altcoins that have generated life-changing returns since launching. After all, it is important to remember that when Bitcoin was first launched in 2009, it was worth just a small fraction of $0.01 per token. And, when you consider that Bitcoin has since hit highs of over $68,000 – this represents end-to-end gains in the millions of percentage points.

However, Bitcoin has since become a multi-trillion dollar asset class, so it goes without saying that the upside potential will be limited from hereon. In fact, when you compare the performance of Bitcoin over the prior few years with that of top-rated altcoins, BTC isn’t as attractive as it once was.

For example, in the prior 12 months since writing this page, the price of Bitcoin has decreased by over 20%. In comparison, Ethereum has increased by nearly 50%. Over a 5-year period, Bitcoin has increased by 3,600%, while Ethereum has witnessed gains of more than 7,000%.

As such, if your main priority is to target high-performing crypto assets, then altcoins might be more suitable for your risk appetite when compared with Bitcoin.

Easy to Diversify   

Another major benefit of adding the best altcoins to your portfolio is that you can easily diversify to help mitigate the risk of loss. This is something that most traders and investors adhere to when learning how to trade cryptocurrency.

Sure, on the one hand, the cryptocurrencies market often moves in sync with one another, meaning that when Bitcoin does well, so do altcoins. However, it also goes without saying that some altcoins have performed considerably better than others.

And as such, you can give yourself the best chance possible of choosing the best-performing altcoins by adding a wide selection of tokens to your portfolio.

This can be achieved easily when you use an online broker that not only offers small minimum investment requirements, but also a large number of supported markets.

For instance, at the SEC-regulated broker eToro, you will have access to dozens of leading altcoins at a minimum trade value of just $10 per token.

Many Altcoins are Cheap  

Another reason why Bitcoin – or even Ethereum for that matter, is somewhat unattractive to value investors is that these tokens are now trading for a huge amount of money.

After all, Bitcoin and Ethereum have since breached highs of approximately $68,000 and $5,000 respectively. This means that by investing a modest amount of money, you will likely only be able to purchase a tiny fraction of one token.

However, when researching the best altcoins for 2023, we came across a number of notable projects that still carry a low entry price.

  • For example, we mentioned earlier that by investing just $100 into Shiba Inu, you can get yourself about 5 million tokens.
  • Similarly, if you were to invest $100 into Basic Attention Token, this would get you over 800 tokens as of writing.

Crucially, although the price of an altcoin doesn’t dictate its total valuation alone, it can be a lot more attractive to invest in a cryptocurrency project that allows you to own a large number of tokens – as opposed to a small fraction.

Huge Upside Potential  

Many experienced traders will also seek out the best altcoins in the market because in many cases, the upside potential can be huge as we have witnessed the sharp increase in Shiba Inu and Dogecoin in 2021.

For example, once you skip through the first few hundred projects in terms of market capitalization, you will come across thousands of altcoins that carry a valuation of less than $10 million. And as such, this means that the upside potential on these altcoins is going to be much higher than those that already have a large-cap status.

Another thing to be aware of when buying low-cap altcoins is that those with a considerably small market valuation will be a lot more volatile. This is because of the fundamentals of market depth, which means that smaller-cap assets are easier to move in the market.

Innovation Outside of Financial  Payments   

We also like altcoins for the innovation that some projects have since introduced to the cryptocurrency sector. Sure, Bitcoin itself is revolutionary. But, the network is only able to facilitate global payments.

In the case of the best altcoins that we came across, some of the most notable projects offer the following:

  • Decentraland and the Sandbox both offer virtual 3D worlds that allow users to buy plots of land and real estate, and then sell these in the open market via NFTs.
  • Cosmos is solving the issue of blockchain interoperability.
  • Solana is looking to challenge Ethereum’s dominance of smart contracts, with super-fast, scalable, and low-cost transactions.

The above examples are just a few of many. The key point is that by investing in an altcoin that offers something different from the status quo, there is every chance that the respective token will perform well.

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

Where to Buy Altcoins

When deciding on where to buy altcoins for your portfolio, we would suggest exploring the following metrics before you open an account with your chosen exchange or broker:

  • Is the platform regulated by a reputable licensing body such as the FCA or SEC?
  • What altcoins does the platform give you access to?
  • What fees and commissions will you need to pay to buy your chosen altcoins?
  • Where does the platform stand in terms of customer service and supported payment methods?
  • What is the minimum amount of money you will need to risk to buy altcoins at the platform?

Taking the above metrics into account, we found that eToro is the overall best place to buy altcoins in 2023. We explain why in the section below.

>>>Buy Altcoins Now<<<

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

eToro – Best Place to Buy Altcoins in 2022

eToro is our pick for the best crypto platfrom that is ideal for investors of all skill sets. Opening an account here takes minutes – and the KYC verification process can be completed instantly. We like the fact that eToro is regulated by multiple bodies – including the SEC, ASIC, FCA, and CySEC.

This means that you can buy altcoins without needing to worry about the safety of your funds – which can’t be said for many exchanges in this space. US clients can deposit funds in USD without paying any fees. Crucially, this is the case not only with ACH and domestic bank wires but e-wallets like Paypal and even debit/credit cards.

And, if you’re a new customer from the US, you only need to deposit $10 to get started. In terms of supported altcoins, eToro lists dozens of leading crypto assets. For example, you can buy Dogecoin on eToro with a fee of just 1% which is then added to the tight bid-ask spread. This includes everything from Yearn.finance, Uniswap, Tron, and the Sandbox to Decentraland, BNB, and Compound coin. When you buy altcoins at this brokerage, the minimum stake is a mere $10.

You will also save on traditional trading commissions when you buy altcoins via the eToro website, as you only need to cover the spread. This starts at 0.75% on Bitcoin but will be ever-so-slightly higher when trading altcoins. We also like eToro for its diversification tools, which include professionally-managed portfolios that contain a wide range of altcoins. For example, you could invest in Ethereum with competitive fees.

This particular investment product will suit time-starved investors or those with little to no experience in performing technical analysis. eToro is also home to copy trading tools, so again, this will appeal to those seeking a passive investment experience. When it comes to customer service, eToro offers a live chat facility – so there is no need to wait around for an email reply.

We also like eToro as the best crypto app for the free virtual portfolios that it offers to both new and existing clients. This comes pre-loaded with $100,000, which you can then use to trade altcoins in a risk-free environment. Once you have registered an eToro account, you might also consider downloading the iOS/Android app.

Looking to buy altcoins or the best crypto alternative to Bitcoin for the very first time? If so, you might need some guidance on how to complete your altcoin investment in a safe manner.

>>>Buy Altcoins Now<<<

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

How to Buy Altcoins Today on eToro

The other altcoins that we discussed on this page can be purchased from eToro at just $10 per trade. The investment process at eToro takes less than five minutes from start to finish – here’s what you need to do.

  • Step 1: Register an eToro Account: Click on the ‘Join Now’ button and fill out the registration form that appears on your screen.
  • Step 2: Deposit Funds: Choose your preferred payment type from a debit/credit card, online banking, or a supported e-wallet. Enter the amount you wish to deposit, from $10.
  • Step 3: Search for Altcoin: Click on the ‘Discover’ button. Next, click on ‘Crypto’ and choose the altcoin you want to buy.
  • Step 4: Buy Altcoin: Click on the ‘Trade’ button next to your chosen altcoin and an order box will appear. Enter your total investment stake from $10 and click on ‘open Trade’ to confirm.

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

Conclusion – The Best Altcoins to Buy Now

Altcoins offer the potential to make attractive returns on your cryptocurrency investments – especially when you consider that you’ve likely missed the boat on Bitcoin.

After all, Bitcoin has already surpassed a total market valuation of over $1 trillion, so returns will be somewhat limited when compared to smaller-cap altcoins.

To start building your portfolio today, we found that Solana and Ethereum are the best altcoins to consider for 2022.

>>>Buy Altcoins Now<<<

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

 

FAQs on Altcoins

What is the best altcoin to buy right now?

For upside potential, we like the look of Solana and  Ethereum as the overall best altcoin to buy for 2022.  We also like the look of Decentraland, the Graph, and yearn.finance.

Which crypto has the most potential?

Our research findings concluded that Ethereum offers an attractive upside potential. This project is building an innovative ecosystem that will be backed by smart contract technology.

How do I buy altcoins?

You can buy altcoins from a regulated online exchange like eToro in just five minutes when using a debit/credit card.

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