5 Most Expensive Crypto To Buy This Month
Digital asset prices are moving up in the market with investors looking for expensive crypto to buy amid future gains. The adoption of blockchain technology and cryptocurrencies has sparked a surge in digital asset prices. A comparison in the last couple of years shows a jump in prices of expensive crypto assets.
From Bitcoin (BTC) to altcoins like Ethereum, Ripple, and Solana, expensive crypto is rising with inflows. While a single coin might be pricey, users can buy fractions and assets as the price continues to soar. Here are the 5 most expensive crypto to buy this month.
Bitcoin (BTC)
Bitcoin is the cryptocurrency market leader by price and market capitalization. The asset trades at $67,028, a 1% increase in the last 24 hours. Bitcoin dominates the market and is usually described as a gateway asset as most crypto users prefer to get a piece of the asset before diversifying their portfolio.
BTC tops the expensive crypto list and is poised to attract more inflow use to spot Bitcoin ETFs which propelled its price to new all-time highs above $72,000.
Yearn.finance (YFI)
Decentralized finance protocol yearn.finance that allows users to earn a yield on digital assets has seen its native token soar to $7,005. The asset is up 0.5% today although it faces a 22% decline in revenues. Users have become invested in the project because of the utility of yield farming.
Ethereum (ETH)
Popular altcoin and leading smart contract blockchain Ethereum has witnessed increased market activities surging its price. ETH trades at $3,123 ranking among the most expensive crypto in the market. The price of Ethereum is expected to soar amid anticipated spot ETF approval and its staking feature.
PAX Gold (PAXG)
PAX Gold is backed by real gold reserves making its price move with the value of the precious metal. The assets exchange hands at $2,384, a slight decline in price and a 58% plunge in trading volumes. Each asset is redeemable for an ounce of gold.
BNB
Binance is the largest cryptocurrency exchange by trading volume and its token BNB trades at $580, moving sideways in the last 24 hours. BNB’s market cap stands at $89.2 billion propelled by the activities on the centralized exchange. In the last 12 months, the asset’s price is up 87% as its price makes it among the most expensive crypto assets.
Also Read: Toncoin Faces Weekly Liquidations: Here’s Why
The post 5 Most Expensive Crypto To Buy This Month appeared first on CoinGape.