What are Best Cryptocurrencies to Invest in: Cardano vs. Ethereum

The crypto market includes over 20 000 assets, so it is easy to get lost among their variety. Many people address the top-ranked crypto assets and pick the coins with the largest market capitalization and trade volume (mega-cap assets such as Ethereum). They have the most considerable dominance in the market and set the trend. Such assets are good for long-term investment, and they are not very sensitive to market fluctuations. That means they are the most stable coins in the long-term perspective. Bitcoin and Ethereum are traded on all popular crypto exchanges. As of January 15, 2023, the ETH EUR price is 1.430.

Since cryptocurrency prices have significantly dropped in 2022 and the market still has not recovered, it is a good chance to invest in mega-cap coins as long as their prices are relatively low.

What About Less Popular Assets?

Bitcoin and Ethereum are not the only assets worth buying. Middle-cap cryptos are also worth your attention. For example, Cardano. The project is also among the top cryptic on the Coinmarketcap ranking. The same as Ethereum, Cardano runs on the Proof-of-Stake mechanism. The project is aimed at decentralization and sustainability, providing suitable conditions for developers to create and deploy decentralized products on it. Some facts for comparison:

While Ethereum is capable of proceeding with one million transactions, Cardano conducts 100 000 a day.
Transaction fees in the Ethereum network are higher. So the Cardano network is much more cost-efficient.
The fact is that Ethereum is more established compared with Cardano.
ADA price is $0.351, ETH – $1,565.
Market cap: ADA – over $12 billion; ETH – over $191 billion.

What Crypto to Buy Now?

Ethereum is considered to be a safer investment option, for it has a bigger cap and is known worldwide. However, mid-cap ADA has a higher chance to boost during the next bull run. Diversification is key to successful investments. So it is worth buying both assets. You can do it on the WhiteBIT crypto exchange – a reliable and safe platform for crypto trading and investment.

What About Less Popular Assets?

What Crypto to Buy Now?

TOP ALTERNATIVES