Most Searched Altcoins On Google; Worth Buying?

After the introduction of Bitcoin in 2009, the crypto market has grown multiple folds, becoming an industry of $2.24 Trillion in market capitalization. Moreover, billions of transaction takes place daily for millions of cryptocurrencies. Though Bitcoin is the most popular crypto, various altcoins also have high popularity among investors.

Additionally, Google searches are a good way to determine the altcoin’s popularity among investors. That is why let us discuss some of the most searched altcoins on Google and whether they are worth buying or not.

Ethereum (ETH)

After Bitcoin, Ethereum is the second most popular blockchain network and number one among millions of altcoins for its amazing features. At the time of writing, the Ethereum price is in a downtrend, currently trading at $3,307 with a market capitalization of $404 Billion and trading volume of $17.6 Billion. Despite the ongoing decline, Ethereum is worth buying cryptocurrency, especially with the Ethereum ETF approval.

Solana (SOL)

Solana is 4th most popular altcoin, following Ethereum, BNB, and stablecoin Tether. It has become the most popular network for introducing meme coins to the market, which turned profitable this year. However, the Solana meme coins popularity is not visible in the native token, SOL’s price performance. The SOL price has been struggling for quite some time and is currently at $127.43 with a market cap and trading volume of $58.8 Billion and $2.4 Billion. The analysts are divided on buying SOL, but this altcoin has surged to as high as $260.06, indicating high growth potential.

XRP (XRP)

XRP is popular for its network Ripple’s legal disputes with the SEC, whose impact is seen negatively on this token. With the market’s fall, the XRP price is suffering even more these days, as it has declined to $0.4794, which is 87% away from its all-time high of $3.84 six and a half years ago. Based on that, XRP has been following a downtrend for years, distressing its holders. As the Ripple vs SEC dispute is still on, and the price has not recovered for so long, many analysts do not include XRP among the best altcoins to buy.

Toncoin (TON)

Toncoin recently grew in popularity with the continuous collaboration with Telegram, a famous social media platform. It is among the few altcoins which had heavy gains this year, outperforming Bitcoin. Toncoin price gains made 213% in YTD% this year, despite its recent decline following the market. It is currently valued at $7.37 with a market cap of $18.1 Billion and a trading volume of $401 Million.

Pepe (PEPE)

PEPE’s popularity grew when it peaked at a high of $0.00000378 last year, but interestingly, it rose thrice to that this year in May, valuing as high as $0.00001718. The add-on to the previous hype was its splendid performance in May, creating a bigger and bigger hike. However, the PEPE price is down by 37%, currently at $0.00001087, with a market cap of $4.5 Billion and trading volume of $739 Million.  Overall, PEPE has made 19,000% gains, making it one of the best altcoins to buy.

Altcoins like Gamestop, Bitcoin, and others have been trending these days and are also among investors’ buying lists. As the crypto market is slow, most altcoins are suffering and going down with their prices, offering decent opportunities to buy them at low, making high returns when the market turns favorable.

Continue Reading The Meme Coin Freefall: What You Should Know

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