The crypto industry offers a wide range of assets to buy. The simplest way to get the top cryptocurrencies is to check out popular rankings, for example, it can be Coinmarketcap and other credible resources. Let’s see the top assets as of mid-October 2022 and take a look at a less popular yet promising crypto – the WBT token.
Top Cryptocurrencies in the Market
The most popular assets with the biggest liquidity and trade volume:
- Bitcoin (BTC)
- Ethereum (ETH)
- Tether (USDT)
- U.S. Dollar Coin (USDC)
- Binance Coin (BNB)
- XRP (XRP)
- Binance USD (BUSD)
- Cardano (ADA)
- Solana (SOL)
- Dogecoin (DOGE).
Purchasing any of these coins is an excellent idea, for these digital assets have proved their stable growth and have a large community of users.
This is a newly-added digital asset that made it to the top 10% of all the crypto products in the Coinmarketcap ranking by market capitalization (681 million dollars). The asset was issued in August 2022, and since then, it has already doubled its price. The WBT USDT pair is traded at 11 dollars as of mid-October 2022.
Of course, the WBT token is not comparable with the top cryptocurrency, Bitcoin; however, it has positive prospects.
The WhiteBIT exchange, where the WBT token was developed, is the largest platform in Europe, and its community of users is expanding rapidly. Some part of tokens is sold and locked for a while. The developers implement a burning mechanism for this token to maintain the demand for it.
So far, the WBT token is listed on the WhiteBIT and Huobi platforms, but the listing on other exchanges is already planned. After the asset is added to large exchanges, it is quite possible that the WBT price will boost, so take a chance to buy this asset at an early stage. For more information on the benefits of holding the WBT token, go to the WhiteBIT blog.