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  /  crypto   /  Top 10 Profitable Cryptocurrencies for Indian Investors in 2022
Profitable cryptocurrencies

Top 10 Profitable Cryptocurrencies for Indian Investors in 2022

Profitable cryptocurrencies to drive profits in crypto wallets for Indian crypto investors.

Indian crypto investors have received good news from the Government of India regarding crypto tax and the legal permission to trade cryptocurrencies and drive profit in their crypto wallets. But, the government needs to notify the list of cryptocurrencies to start trading and investing in the cryptocurrency market. Presently, there are hundreds of cryptocurrencies in 2022 to start following in the global market. Thus, let’s look at the top ten profitable cryptocurrencies for Indian crypto investors despite waiting for the official notification in 2022.

 

Bitcoin

Bitcoin is the oldest and the no.1 cryptocurrency in the global cryptocurrency market. Indian crypto investors can make sure that the government will include Bitcoin in the official list of cryptocurrencies. Bitcoin payments are accepted in multiple industries across the world, especially in the sports and educational institutes. The current price of this profitable cryptocurrency is around US$36K with a market cap of US$701.27 billion.

 

Ethereum

Ethereum is known as the second-most popular cryptocurrency to drive profits in crypto wallets. Indian crypto investors can invest, trade, and gain profits with this decentralized and open-source blockchain with smart contracts functionalities. It has also launched Ethereum 2.0 to overcome the concerns and issues of the original version to provide more efficient services to crypto investors. The current price of this profitable cryptocurrency is around US$2.5K with the market cap of US$307.68 billion.

 

Solana

Solana is gradually becoming the main competitor of Ethereum owing to be the fastest blockchain in the world. Indian crypto investors must know that it is also the fastest growing ecosystem in the cryptocurrency market with multiple projects related to NFT, Web 3.0, DeFi, and many more. The current price of this profitable cryptocurrency is around US$84.69 with a market cap of US$27.17 billion.

 

Cardano

Cardano is known for driving profits in crypto wallets as a proof-of-stake blockchain platform. It is competing with Ethereum in offering more scalability, security, and efficient cryptocurrency in the volatile cryptocurrency market. The current price of this profitable cryptocurrency is around US$0.86 with a market cap of US$29.02 billion.

 

Tether

Tether is one of the top profitable cryptocurrencies for Indian crypto investors to drive stability in crypto wallets. It is a blockchain-based platform to facilitate the use of fiat currencies. It is also one of the first cryptocurrencies to peg the market value to a fiat currency to keep stability in the highly volatile cryptocurrency market. The current price of this profitable cryptocurrency is around US$1.00 with a market cap of US$79.51 billion.

 

XRP

XRP is now the next big cryptocurrency in the cryptocurrency market for Indian crypto investors. This cryptocurrency is known for finding reliable support near the 50-day EMA to make it to US$1.00 to drive stability in crypto wallets. The current price of this profitable cryptocurrency is around US$0.69 with a market cap of US$33.33 billion.

 

Binance Coin

Binance Coin is highly popular among Indian crypto investors as it operates the world’s biggest Bitcoin exchange and altcoin crypto exchange by volume. It is a cryptocurrency that uses one-fifth of its profits to repurchase and burn Binance coins in its treasury. The current price of this profitable cryptocurrency is around US$365.76 with a market cap of US$60.37 billion.

 

USD Coin

USD Coin is known as the world’s leading digital dollar stablecoin with 52.6 billion coins in circulation in the cryptocurrency market. This cryptocurrency is suitable for Indian crypto investors to gain stability in crypto wallets owing to its fully-backed by cash and always redeemable 1:1 for US dollars. The current price of this profitable cryptocurrency is around US$0.99 with the market cap of US$52.83 billion.

 

Avalanche

Avalanche is one of the emerging profitable cryptocurrencies for Indian crypto investors owing to its fastest smart contracts platform in the global blockchain industry. It is an eco-friendly cryptocurrency with low cost for using decentralized applications. The current price of this profitable cryptocurrency is around US$74.14 with a market cap of US$18.25 billion.

 

Polkadot

Polkadot is a popular cryptocurrency that allows cross-blockchain transfers as a decentralized Web 3.0 blockchain interoperability platform. It is known for using a proof-of-stake consensus algorithm. The current price of this profitable cryptocurrency is around US$16.08 with the market cap of US$15.90 billion.