Welcome to bulliscoming Crypto Coins to buy now before the dip is over. You may have been hearing the phrase “buy the dip” here and there but you’re confused on which of the crypto coin among over 6000 cryptocurrencies Worth buying. This article conveys the best coins to buy now during this dip for massive gain when the dip is over.
What are Cryptocurrencies
Cryptocurrencies are Decentralized digital currency that’s designed to work as a means of exchange, which can be used to digitally transfer money to another person without the need of third party/intermediary/central authority. As a decentralized currency, it also does away with an unnecessary and expensive fee on a transaction
Best Crypto Coins to Buy Now Before they Moon
It’s a fact that you wouldn’t want to invest your hard-earned money blindly in the name of buying the dip, a coin with great fundamental potential should be your first priority, and below are the best crypto coins to buy now with substantial potentiality
1. Bitcoin
The first crypto coins to buy now is BTC. Bitcoin as the first largest Cryptocurrency was created in the year 2009 which was regarded as a store of value. It has surged higher to above $60,000 during a bull run, but due to Elon Musk’s tweet about Tesla not accepting Bitcoin anymore as a form of payment.
And as China announces an imposed ban on cryptocurrency transaction hence the decline in price with upto 50% decrease and the current price of BTC as the time of writing this article is $33,000. The news caused a lot of FUD and made many people dump Bitcoin.
‘Meanwhile, Michael Saylor has announced on his Twitter handles that he was pleased to host a meeting between Elon Musk and the leading Bitcoin miners in North America. The miners have agreed to form the Bitcoin Mining council to promote energy usage transparency and accelerate sustainability initiatives.
And this is a signal that sooner Bitcoin will return to its bull run, and eventually hit a new all-time high. Moreover, since Bitcoin influences the entire crypto space, it remains the best crypto coins to buy now, whether its value is very high, you are not late.
2. Ether
Ether is the second-largest cryptocurrency by market capitalization. It was created in the year 2015 as a native coin of ethereum blockchain (a blockchain platform designed for executing Smart contracts and allowing anyone to build a decentralized app on it).
Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime, and fraud.
In addition to smart contracts, Ethereum’s blockchain is able to host other cryptocurrencies, called “tokens,” through the use of its ERC-20 compatibility standard.
In fact, this has been the most common use for the ETH platform so far: to date, more than 280,000 ERC-20-compliant tokens have been launched. Over 40 of these make the top-100 cryptocurrencies by market capitalization, for example, USDT, and LINK.
ETH has surged higher since it was created to upto $4000 but as regards following the market dump trend, it was down to almost $2000 and the current price of ETH is $2380 as of the time of writing this article.
The only problem with Ethereum is a high gas fee, making it not favorable for middle-class investors to scale with. But with the help of exchanges, you can trade Ethereum at a low fee.
3. BNB
Binance coin is a cryptocurrency that was created in the year 2017 by the CEO of the largest cryptocurrency exchange BINANCE
BNB is the native coin of BINANCE exchange and It’s used as a fee in binance exchange and used in the BINANCE blockchain ecosystem.
Aside from being the largest cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users.
The Binance network includes the Binance Chain, Academy, Trusted Wallet, and Research projects, which all employ the powers of blockchain technology to bring new-age finance to the world. Binance Coin is an integral part of the successful functioning of many of the Binance sub-projects.
One of the biggest competitive advantages Binance has is its drive for development. While the company started only as a crypto exchange back in 2017, today, Binance has spread its services among numerous different spheres. According to the company website, its mission is to become the infrastructure services provider for the entire blockchain ecosystem.
It has done an increase to over $600 from the initial price of $0.09611 and following the current cryptocurrency market dump, it has decreased to below $250 and the current price as of the time of writing this article is $340.
Binance is one of the best crypto coins to buy now, when we talk of utility, and we predict BNB to hit an ATH of $1000 before the end of 2021, that’s our personal opinion though.
4. CAKE
CAKE is a utility token of pancakeswap ( a decentralized finance application that allows users to exchange tokens, providing liquidity via farming and earning fees in return) which was launched on binance Smart chain in September 2020.
It launched in September 2020 and is a decentralized exchange for swapping BEP20 tokens on Binance Smart Chain. PancakeSwap uses an automated market maker model where users trade against a liquidity pool. These pools are filled by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.
These tokens can later be used to reclaim their share of the pool, as well as a portion of the trading fees. These LP tokens are known as FLIP. PancakeSwap also allows users to farm additional tokens such as CAKE and SYRUP. On the farm, users can deposit LP tokens and get rewarded with CAKE.
PancakeSwap allows users to trade BEP20 tokens, provide liquidity to the exchange and earn fees, stake LP tokens to earn CAKE, stake CAKE to earn more CAKE and stake CAKE to earn tokens of other projects.
CAKE increased to over $40 from the initial price of $0.198 and also in reaction to the current cryptocurrency market dump, it has decreased to $10 and its current price as at the time of writing this article is $15.5 making it among the best crypto coins to buy now before the dip is over.
5. SOLANA
SOLANA was launched in March 2020. The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
The Solana protocol is designed to facilitate decentralized app (Dapp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (Pos) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.
SOLANA price has increased to over $50 from the initial price of $0.5052 and due to the general market dump, it has decreased $20 and the current price at the time of writing this post is $29, making it one of the best crypto coins to buy now before the dip is over.
6. POLKADOT
Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other.
This interoperability seeks to establish a fully decentralized and private web, controlled by its users, and simplify the creation of new applications, institutions and services.
The Polkadot protocol connects public and private chains, permissionless networks, oracles and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot relay chain (explained further down).
Polkadot’s native DOT token serves three clear purposes:
- providing network governance and operations, and
- creating parachains (parallel chains) by bonding.
$DOT price has surged higher to upto $50 from the initial price of $2.69 and following the current market dump, the price has decreased to below $14 and the current price as at the time of writing this post is $19
7. LITECOIN
Litecoin (LTC) created Oct. 2011 is a cryptocurrency that was designed to provide fast, secure, and low-cost payments by leveraging the unique properties of blockchain technology.
The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.
Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.
Behind Bitcoin, Litecoin is the second most popular pure cryptocurrency. This success can be largely attributed to its simplicity and clear utility benefits.
As of January 2021, Litecoin is one of the most widely accepted cryptocurrencies, and more than 2,000 merchants and stores now accept LTC across the globe.
Its main benefit comes from its speed and cost-effectiveness. Litecoin transactions are typically confirmed in just minutes, and transaction fees are nearly negligible. This makes it an attractive alternative to Bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support.
LTC price has gone above $400 from the initial price of $1.11 and following the current market dump, the price has decreased below to $118 and the price as at the time of writing this post is $158
8. SAFEMOON
Safemoon is a cryptocurrency created in March 2021, SafeMoon Protocol is a decentralized finance (DeFi) token. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition, and Burn.
With SafeMoon, they aim to use the idea of static rewards (making the reward conditional upon the volume of the token being traded) in order to remove any pressure on the token that could occur when tokens are sold.
As well, the white paper notes that their “reflect mechanism“ adds incentive for SafeMoon holders to keep their tokens for longer or HODL. SafeMoon. Automatic LP also adds stability to the protocol by providing a price floor/cushion for token holders. SafeMoon& manual burn strategy also helps SafeMoon token holders in the long term, according to their white paper
Its price has increased to over $0.000013 from the initial price of $0 and the current price as the time of writing this article is
$0.000004443
Check out our Safemoon Price Predictions from 2001 – 2028
9. SHIBA INU
Is a cryptocurrency that created in August 2020 by an anonymous person known as “Ryoshi” It has increased to over 0.00003 and has does over 500000% increase in price from the initial price, it has dipped to below 0.000007 and the current price as at the time of writing this article is $0.000008481
SHIBA INU has also created a campaign using Amazon Smile in order to collect donations for rescue real, live Shiba Inu dogs with the Shiba Inu Rescue Association.
According to the SHIBA INU website, SHIB is the “DOGECOIN KILLER” and will be listed on their own ShibaSwap, a decentralized exchange.
Check out our Shiba Inu price prediction from 2021 – 2028
10. DOGECOIN
Dogecoin (DOGE) created in Dec. 2013 is based on the popular “Doge” Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013.
Dogecoin’s creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content. DOGECOIN price has reached its all-time high of $0.7376 from its initial all-time low of $0.00008547 while the current price as of the time of writing this article is $0.3407.
Dogecoin made the list of the best crypto coins to buy now because it has a large community, support, utility, and above all endorsement from Elon Musk, who is working very hard to see Doge competes with Bitcoin in the nearest future.
Check out our Prediction when Dogecoin will get to $1.
11. ADA (Cardano)
Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators, and visionaries” to bring about positive global change. The team behind the layered blockchain says that there have already been some compelling use cases for its technology, which aims to allow decentralized apps and smart contracts to be developed with modularity.
Cardano is used by agricultural companies to track fresh produce from field to fork, while other products built on the platform allow educational credentials to be stored in a tamper-proof way, and retailers to clamp down on counterfeit goods.
ADA price has surged higher to above $2 from the initial low price of $0.01735 and its current price at the time of writing this article is $1.52.
In an interview for CoinMarketCap’s Crypto Titans series, Hoskinson said that he got involved in cryptocurrencies back in 2011 — and dabbled in mining and trading. He explained that his first professional involvement in the industry came in 2013 when he created a course about Bitcoin that ended up being taken by 80,000 students.
As well as being a technology entrepreneur, Hoskinson is also a mathematician. In 2020, his technology company donated ADA worth $500,000 to the University of Wyoming’s Blockchain Research and Development Lab.
12. WING
WING is a credit-based, decentralized platform designed for crypto-asset lending and cross-chain communication between decentralized finance (DeFi) projects.
The project aims to make crypto lending services more inclusive through a credit evaluation module that removes the need for large collaterals. WING is a decentralized autonomous organization (DAO) that allows users to take part in decision-making, product design, and operations.
It has reached its ATH (All time high) of $140 from the initial ATL (All-time low) of $7 and has decreased to below $15 while the current price as of the time of writing this article is $22.
Wing uses decentralized governance coupled with a risk control mechanism to improve the relationships between creditors, borrowers, and guarantors. This has led to an improvement in the number of and accessibility to DeFi projects utilizing the platform. One of the goals of Wing DAO is to solve the issue of over-collateralization that plagues the DeFi industry.
The platform allows for the creation of new blockchain projects and focuses its efforts on a decentralized and autonomous governing community. In response to the issues faced by other DeFi projects, Wing DAO has built a credit-based DeFi protocol that runs on the Ontology blockchain. The protocol is fully controlled by the users and requires no third parties to confirm transactions.
13. THETA
THETA is a native cryptocurrency token of theta ecosystem which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.
THETA price has increased to upto $15 from the initial low price of $0.03977 and has recently decreased to $4 while the current price as at the time of writing this article is $6.50.
Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.
Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.
Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.
14. VECHAIN
VeChain (VET) is a blockchain-powered supply chain platform. Begun in 2015 and launched in June 2016, VeChain aims to use distributed governance and Internet of Things (IoT) technology to create an ecosystem that solves some of the major problems with supply chain management.
VET has reached its all-time high of $0.2782 from the initial all-time low of $0.001678 And the price has declined further to below $0.068 recently while the price as at the time of writing this article is $0.1083.
VeChain exists to disrupt traditional supply chain models, an industry which before blockchain had remained little changed over the decades.
Using transparent technology with no single point of weakness or control allows for greater security, efficiency, and ease of tracking products in a given supply chain while reducing cost through trustless automation.
VeChain’s model thus appeals to businesses looking to reduce supply chain friction and give a more transparent impression to clients.
VeChain’s official literature notes that its unique proposition lies in its dual-token setup, among other features. In-house token fees combine with charges for various services to generate operating income for the company, while token holders can engage in activities such as staking, thus providing liquidity in return for rewards.
Final Verdict
Here are our best crypto coins to buy now before the dip is over, these coins are not selected at random but base on their previous ATH, ATL, utility, and future projection.
Cryptocurrency is highly volatile and investing in cryptocurrency is subjected to high risk. Hence, this article shouldn’t be taken as financial advice.
