Here is the list of top cryptocurrencies to buy and hold this October weekend

In the last few years, cryptocurrencies, blockchain technology, and decentralized finance (DeFi) have gained incredible momentum. And at this point, there is hardly any person remaining who hasn’t heard about cryptocurrencies. Early in 2021, Bitcoin, Ethereum, Cardano, and Dogecoin garnered a much greater share of headlines and became immensely popular. But the last few months have not been great for these major cryptocurrencies, what is the best option for investors in October?

Here are top cryptocurrencies to buy and hold this October weekend:

Uniswap

Current Price: US$23.10

Market Capital: US$14,131,309,718

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens. Uniswap was launched in November 2018 but has gained considerable popularity in the year 2021, thanks to the DeFi phenomenon and associated surge in token trading.

Terra

Current Price: US$35.46

Market Capital: US$14,199,662,037

Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.

Tezos

Current Price: US$5.94

Market Capital: US$5,113,665,120

Tezos is a blockchain network that’s based on smart contracts, in a way that’s not too dissimilar to Ethereum. However, there’s a big difference: Tezos aims to offer infrastructure that is more advanced — meaning it can evolve and improve over time without there ever being a danger of a hard fork. This is something that both Bitcoin and Ethereum have suffered since they were created. People who hold XTZ can vote on proposals for protocol upgrades that have been put forward by Tezos developers.

Axie Infinity

Current Price: US$75.64

Market Capital: US$4,608,256,253

Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. To learn more about this project, check out our deep dive into Axie Infinity. Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise battle, and trade token-based creatures known as Axies.

Monero

Current Price: US$247.91

Market Capital: US$4,465,082,432

Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure senders and recipients alike through the use of advanced cryptography.

Fantom

Current Price: US$1.23

Market Capital: US$3,130,682,021

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its bespoke consensus algorithm. Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

• TOP 10 CRYPTOCURRENCIES TO INVEST IN SEPTEMBER FOR HIGH RETURNS
• WHAT ARE YOU WAITING FOR? BUY TODAY’S HOTTEST CRYPTOCURRENCIES
• THE MOST PROMISING CRYPTOCURRENCIES OF 2021

OMG Network

Current Price: US$11.65

Market Capital: US$1,633,781,187

OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.

dYdX

Current Price: US$26.39

Market Capital: US$1,469,976,018

DYDX is a governance token that allows the dYdX community to truly govern the dYdX Layer 2 Protocol. By enabling shared control of the protocol, DYDX allows traders, liquidity providers, and partners of dYdX to work collectively towards an enhanced Protocol. DYDX enables a robust ecosystem around governance, rewards, and staking — each designed to drive future growth and decentralization of dYdX, resulting in a better experience for users.

Perpetual Protocol

Current Price: US$14.86

Market Capital: US$1,018,519,495

Perpetual Protocol was launched in late 2019, originally under the name of Strike Protocol. Perpetual Protocol builds on Uniswap-inspired automated market maker (AMM) design (constant product curve). Perpetual Protocol’s liquidity pool (k) is virtualized and determined algorithmically. Rather than rely on liquidity providers to determine the curve of a given market, Perpetual Protocol can programmatically set and update the parameters of the virtual AMM (x*y=k) and offer a competitive product for any given market at all times.

Voyager Token

Current Price: US$2.71

Market Capital: US$755,802,326

Voyager Token is a cryptocurrency broker that provides investors with a trusted and secure access point to crypto asset trading. Voyager is built to serve both retail and institutional investors with a nigh-instant solution for trading crypto assets. The crypto brokerage service which launched in October 2018 now supports over 55 crypto assets and has a unique smart order routing technology that connects it with over a dozen crypto exchanges. The mobile app of the Voyager Token launched in January 2019, making it even easier for users to trade cryptos.