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The current bear market and a diverse portfolio are great chances to purchase solid crypto assets at a discount in the volatile crypto market. Those who desire to invest in crypto should diversify their holdings by having a variety of coins, taking into consider the functionalities that each coin offers.

You can minimize risk and optimize earnings by distributing your investments over a wide variety of cryptocurrencies. The list of the top 5 must-have crypto is provided below.

Ethereum (ETH)

Decentralized open-source blockchain technology Ethereum was introduced by Vitalik Buterin in 2015. It enables programmers to create and distribute smart contractsā€”self-executing contracts that automatically enforce an agreementā€™s termsā€”as well as decentralized apps (dApps).

Ethereum is a blockchain platform and crypto that has gained popularity among developers due to its useful features including smart contracts (programs that run themselves when certain criteria are met) and non-fungible tokens (NFTs). Ethereum offers a significant potential for growth, making it a desirable option for investors.

Over time, the Ethereum ecosystem grew rapidly, and its decentralized apps (dApps), smart contracts, and native currency Ether (ETH) have all gained huge support on a global scale. Demand increases as more individuals use dApps and use ETH to complete their transactions using smart contracts, which can further push up the price of Ethereum.

Ethereum is a great investment because of its potential for innovation. The platform is always being updated and improved, which allows developers to make brand-new DApps and smart contracts that could increase interest in Ethereumā€™s entire ecosystem. Ethereum has also grown incredibly fast.

Its price increased by more than 27,000% from roughly $11 to over $3,000 between April 2016 and the beginning of March 2022. Ethereum, however, fell to a yearly low of $1,091 on November 9, 2022, as a result of the general market meltdown, and it quickly recovered to values of around $1,800 by May 26. ETH is listed on eToro.com.

Hex (HEX)

A blockchain-based cryptocurrency called HEX enables users to purchase and hold it just like any other ERC-20 token or stake it in exchange for rewards. Richard Heart, a businessman with over 20 years of marketing and software development experience, established it in December 2019.

By staking their HEX to lower the supply and drive up the price of the token, users of HEX can function as their own bank. When people finish their holdings earlier or later than committed, active stakes may potentially earn additional yield, and longer stakes may potentially produce bigger payouts.

The HEX team is concentrating on developing new applications for the coin, such as integrating it with other blockchain-based projects and producing a HEX debit card. It is anticipated that growth and expansion will continue as more investors look to benefit from its special advantages.

AiDoge (AI)

Due to its AI-powered meme generation and sharing platform, AiDoge has raised an incredible $14.8 million through its AI token presale in just one month. Meme-to-earn (M2E), the platformā€™s revolutionary approach, along with the alluring attributes of its AI meme token, AiDoge, have made waves in the crypto community.

Donā€™t miss the last stage of our #Presale! šŸ¤ÆšŸ”„

Hurry and get your $AI before itā€™s too late! ā°
šŸ‘‰ https://t.co/5j5tt4smcs#MemeCoin #Crypto $PEPE $FLOKI $DOGE $BTC pic.twitter.com/kfS82hAKdC

ā€” aidogecrypto (@aidogecrypto) May 26, 2023

Innovative AI technology will be used by AiDogeā€™s M2E platform to enable meme production, making it available to everyone and paying creators in AI tokens. The potential for great development cannot be understated as AiDoge continues to release its exciting roadmap and develop an enthusiastic user base.

AiDogeā€™s rise seems optimistic given that competitors with no real use case have billion-dollar market values. The final stage of the presale has been reached with listing price of $0.0000336. The AiDoge presale represents a once-in-a-lifetime opportunity for prospective investors.

The complete analysis of the best altcoins to buy and hold can be found in the video above, subscribe to his YouTube channel for more crypto-related videos. Additionally, Jacob Crypto Bury manages a Discord group with close to 13,000 members where users can get trading advice and learn about forthcoming crypto presales.

Solana (SOL)

A Layer 1 blockchain called Solana provides users with quick speeds and inexpensive prices. It encourages the development of decentralized applications (dApps) and enables smart contracts. Numerous DeFi platforms and NFT marketplaces, where users can purchase Solana-based NFT projects, are examples of projects developed on Solana.

Solana combines the proof-of-history (PoH) consensus mechanism with the more popular proof-of-stake (PoS) consensus mechanism to address the blockchain trilemma, which forces developers to balance decentralization, security, and scalability when creating blockchains.

As a result, Solana can reach consensus more quickly and with less work. SOLā€™s pricing started at $0.77 when it debuted in 2020. Its cost was roughly $101 on March 1, 2022, an increase of almost 13,000%. As of today, May 26th, it was now trading for $19.48.

With the new validator client that Solana is introducing, there is a much lower chance that any problem will bring down the Solana network. Additionally, Solana features a variety of well-known businesses supporting the Solana ecosystem, including Google, Stripe, and Discord.

With the launch of the Solana Mobile Stack and the companyā€™s flagship Saga device, which claims to give mobile devices security comparable to that of a hardware wallet, Solana is also concentrating on making mobile devices more dApp-friendly. SOL is listed on eToro.com.

Bitcoin (BTC)

Bitcoin is the first cryptocurrency, having been developed in 2009 by a person using the alias Satoshi Nakamoto. BTC operates on a blockchain, which is a ledger that records transactions and is shared across a network of thousands of computers, like the majority other cryptocurrencies. Guide on how to buy Bitcoin here.

Bitcoin is maintained secure and protected from fraudsters because updates to the distributed ledgers have to be validated by cracking a code that is encrypted, a procedure known as proof-of-work (PoW). As Bitcoin has gained popularity, its price has risen. You could purchase Bitcoin for roughly $500 in May 2016.

Since then, Bitcoin has experienced numerous ups and downs, but it has exhibited exceptional resistance. Bitcoin dropped 65% of its market value last year, and as of May 26th, it is currently trading at $ 26,620. BTC is listed on eToro.com.

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