The cryptocurrency market in India is growing at a breakneck speed. Recent studies suggest that India will emerge as a prominent player in the cryptocurrency segment. Considering, the expanding growth of cryptocurrency exchanges in India and more and more investors finding interest in virtual assets, the crypto market is expected to bloom beyond the expectation. Moreover, there are several attractive options to lure investors to get on board the crypto bandwagon.
Here is the list of top cryptocurrencies with their prices in India to help you build your portfolio.
Price Today – ₹ 30,37,990.
Highest Price – $67,601
Market Share – ₹50.4T.
When it comes to crypto investment, Bitcoin is the first and foremost name that strikes our minds. It is one of the well-established cryptocurrencies with strong community support. Considering its finite supply and highest value among all virtual currencies, proponents see it as a store of value. Moreover, bitcoin has more liquidity than other coins. You can BTC to INR at any point in time you want. This is yet another reason why Bitcoin is the best among all options in India.
Price Today – ₹ 8,806.39.
Highest Price – $410.26
Market Share – ₹569.6B.
Litecoin is an open-source peer-to-peer cryptocurrency launched to simply frequent microtransactions. It has an average block time of around 2.5 minutes and is known for charging extremely low fees. Currently, bitcoin is also being used as a testing platform for upcoming bitcoin updates.
Price Today – ₹ 11.54.
Highest Price – 0.732 USD.
Market Share – ₹1.4T
Launched in the year 2013, Dogecoin is the first cryptocurrency that began out of a joke. This coin has been trending on the internet for a long and has amassed attention due to its low price. Many popular figures like Elon Musk and Mark Cuban have been found speaking and showing a preference for dogecoin.
Furthermore, since January 2021, Dogecoin has provided an impressive 1900 percent return.
Although the currency was created for fun, in a short interval it has made it to the list of top cryptocurrencies in India.
Price Today – ₹ 2,05,117.
Highest Price – $4,800.
Market Share – ₹ 22.8T.
Ethereum has become one of the valuable parts of the crypto world. It is known for introducing innovation to blockchain security and application. As compared to other cryptocurrencies, Ethereum is seen as a more scalable solution. It is a decentralized blockchain technology capable of executing transactions in 3-5 seconds. Furthermore, market experts speculate that ethereum will hit USD 7 by end of 2025.
These are some of the cryptocurrencies that have emerged stronger in the past few months. Indian investors are keenly eyeing virtual assets to include them in their portfolios.
But remember all virtual currencies are risk-prone. So, make sure to invest wisely. Stake the money to the extent you can bear losses. Nevertheless, to reap high returns on your crypto investments you need to assess every step.