Top Four Altcoins With the Least Volatility
Table of contents
We shall be considering four altcoins in the top 100 cryptocurrencies in market capitalization in CoinMarketCap. They are:
FTX Token (FTT)
FTX Token (FTT) is the native token of FTX Cryptocurrency Exchange. It is presently trading at a price of $30.11 and is ranked in the 23rd position at the time of writing. In the past 24 hours, it has decreased in price by 3.24% which makes it the least volatile altcoin presently.
UNUS LEO (LEO)
UNUS LEO (LEO) is trading at a price of $5.14 at the time of writing. It is in the 18th position in the CoinMarketCap ranking of cryptocurrencies according to its market capitalization. The price of UNUS LEO (LEO) has decreased by 5.75% in the past 24 hours. This makes it the second least volatile altcoin presently.
TRON (TRX)
Tron (TRX) is the native token of the TRON Blockchain. It is presently trading at a price of $0.072 at the time of writing. It is in the 14th position in the CoinMarketCap ranking of cryptocurrencies. The price of TRX has decreased by 6.2% in the past 24 hours. This makes sense as the third least volatile altcoin presently.
Maker (MKR)
Maker (MKR) is trading at a price of $1,245.86. It is in the 47th positive in the CoinMarketCap ranking of cryptocurrencies. The price of MKR had decreased by 11.61% in the past 24 hours. This makes it the fourth-least volatile altcoin presently.
Conclusion
In conclusion, it is necessary to consider the volatility of the cryptocurrency in the present market for long-term investors. This will reduce the impact of the market downtrend on the investment until the market stabilizes unless you trade.