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Best Cryptocurrencies to Buy Now In India

By Anuj Cariappa
|
Google Oneindia News

Ahmedabad, December 13: Despite high taxation rules, India remains one of the largest hubs of crypto investors. With war at bay, digital coins face volatile price moves this year. Amidst this chaos, the largest cryptocurrencies are facing high competition from newcomers.

Now, you probably want to create a new cryptocurrency portfolio when the market goes to a recovery level. But how can you find the top trending cryptocurrencies to buy with over 22,000 coins? How can you tell which cryptocurrencies are the best ones right now to invest in?

Best Cryptocurrencies to Buy Now In India

We analyze the market and generate a list of cryptocurrencies you should buy to provide the information you need to make the best investment choice. Please remember to make your final investment decision based only on your own research.

Based on multiple indicators like Fundamental analysis, team profile, market trends, and others, here is the list of the best Cryptocurrencies to buy now in India:

1. VITA INU TOKEN ($VINU): Vita Inu (VINU) is the governance token of the VINU Ecosystem and is native to the Vite DAG chain. VINU is the world's first fast, feeless (and cheeky) dog-themed coin with high TPS and smart contracts. VINU is a powerful multi-chain currency (BNB, Polygon, Ethereum, and others) and governance token of the Vinuverse. Vinu is currently the most popular and emerging meme token in the crypto industry.

The VINU community believes cryptocurrencies should be moved around freely, securely, and efficiently. Vinupay, VinuSwap, Vinuverse, Vinu games, and many more utilities already exist for this token. VINU even has the world's first crypto Designer Clothing brand! You can buy VINU tokens at Bybit, the world's best cryptocurrency exchange. It is also available in other cryptocurrency exchanges.

2. Trace Metaverse ($TRC) Token: Currently the most trending Crypto game token, $TRC is the native token of Trace Metaverse. Trace is a geolocation-based metaverse with AR technology for smartphones. It is a virtual copy of the world's map, where your avatar moves according to geolocation. Trace is like Pokemon Go with the possibility of earning. You go, look for boxes inside which have valuable NFTs, go to work or school and make money; you can also post something there, meet new friends and chat, pumping up your avatar; you earn all the time. In short, the game does not force narrow banal mechanics. You live your life, develop in the real and digital world in parallel and earn more. Trace missions to impress people to spend their lifetime using good habits, exploring surroundings, engaging in more real-life communications, and bringing them more motivation to move instead of sitting all the time in front of a computer.

When you move in the real world, your Trace avatar moves around the map in the metaverse. Trace governance token ($TRC) has only 5,000,000,000 token issuances, and it has already raised more than 3.5 million USD. Trace will soon make its limited NFT sales; you may love to buy some rare NFTs so that you can be eligible to buy the token at their token pre-sale. You can join the Discord community, Twitter Page, or Telegram community of Trace Geometaverse to stay updated. Trace has also announced its partnership with a famous crypto exchange Bitmart and the most promising blockchain, Polygon (Polygon Studios) to create a bigger gaming metaverse world.

This real-life app has a strong possibility to explode in 2023; if you are a game and metaverse fan, Trace metaverse token (TRC) can be your big bet to be rich.

3. Social Good ($SG) Token: Social Good Foundation Inc.'s mission is to build the world's largest global platform and to provide financial freedom to all people worldwide. The more they shop through the SocialGood App, the more assets users earn. There are over 2 million users from more than 200 countries and territories worldwide. The app has partnered with over 1,800+ major shopping websites, and users can earn SocialGood ($SG) cryptocurrency in proportion to how much they spend at these stores. Social Good Foundation Inc. has registered 68 patents in Japan, including their patented Crypto Back system.

The more you participate in the growth of the SocialGood EcosystemTM, the more benefits you will gain. Supportive members of the community are more likely to earn 100% Crypto Back rewards. You could also win $1,000 worth of SG just by sharing a screenshot of your $SG earnings with the hashtag #SocialGoodApp_CryptoBack on social media.

4. Polygon ($MATIC): Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development.
Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). The $MATIC token will continue to exist and will play an increasingly important role in securing the system and enabling governance. Now users can buy Polygon without any trading fee at the fastest-growing crypto exchange in India, Bybit, which is also the third most visited exchange in the world. Recently they announced partnerships with Disney, Instagram, Facebook, and many more. If you are a fan of Layer 2, Matic can be your steady bet.

5. Ethereum ($ETH): A decentralized software platform called Ethereum ($ETH) makes it possible to create and manage smart contracts and decentralized apps (dApps) without the need for a third party's oversight, control, or interference. You can buy Ethereum at the best exchange in India, Bybit. Ethereum aims to build a decentralized ecosystem of financial services that anybody in the world can use freely, regardless of their country of origin, race, or religion.

6. Cardano ($ADA): An "Ouroboros proof-of-stake" cryptocurrency called Cardano ($ADA) was developed using a research-based methodology by engineers, mathematicians, and cryptography professionals. Charles Hoskinson, one of the original five founding members of Ethereum, co-founded the project. It has the 8th largest volume and can be your medium-risk bet as well.

7. Heart Of Shades ($HOS): Every woman out there is probably bullish on Heart of Shades at this moment in the rally of the cosmetics industry, joining Web3. India's first-ever luxury cosmetic brand, "Heart Of ShadesTM ", is bringing Web3 and luxury together with prominent use of Web3, Crypto, and NFTs."The character of Heart Of ShadesTM is all about knowing yourself. Someone whose presence changes the dynamics of any environment. No matter what ethnicity, no matter what colour, what features they have, with Heart Of Shades aka HOS, one transcends into a dame to kill for," said Niharika Dolui, The CEO and Co-Founder of the start-up who is among the evolving CEOs in India by Global Business Line. Launching in 2023, HOS (Heart Of Shades) is the only web3 luxury cosmetics start-up to fight with products like Charlotte Tilbury, Bobby Brown, and others. Heart Of Shades's vision differs from affordable Indian beauty brands like Mamaearth, Sugar, etc. It is definitely on the list of top new crypto launching in India.

8. TamaDoge: TamaDoge is a play-to-earn (P2E) decentralized project offering staggering returns to investors. Tamadoge (TAMA) is the native cryptocurrency of the Tamaverse - a virtual environment where players can compete for in-game rewards.

$TAMA can be leveraged to purchase Tamadoge Pet NFTs minted using smart contract functionality. Each pet offers unique characteristics and can be bred and grown by buying additional virtual items from the Tama store. Notably, these digital avatars will function as playable NFTs - as players can use their Tamadoge Pets to compete for points on a monthly leaderboard. Whenever TAMA is bought on the ecosystem, 65% of the tokens spent are distributed among P2E prize pools and given as rewards.

9. Dogecoin ($DOGE): Dogecoin ($DOGE), seen by some as the original "meme coin," caused a stir in 2021 as its price skyrocketed. The coin, which uses an image of the Shiba Inu as its avatar, is accepted as a form of payment by some major companies.

Dogecoin was created by two software engineers, Billy Markus and Jackson Palmer, in 2013. Markus and Palmer reportedly created the coin as a joke, commenting on the wild speculation of the cryptocurrency market.

10. BITDAO ($BIT): BitDAO is poised to be a major player and influencer in the decentralized tokenized economy. The flexibility and transparency of DAO governance allow BIT token holders to "build their own adventure". BITDAO ($BIT) is supported by Bybit as well. BitDAO allows for multiple independent teams to coordinate proposals, negotiate partnerships, and develop products for BitDAO governance approval. There can be hundreds of developers and partnership coordinators contributing to the BitDAO mission. BIT token holders can pick and choose the best ideas. If you like DAO, $BIT can be your ideal bet.

Where to trade, buy and trade Cryptocurrency?
There are hundreds of cryptocurrency exchanges available out there. You may consider buying crypto tokens ($VINU, $ETH, $MATIC, $ADA, etc.) at the world's safest exchange, Bybit.com, or their app. You can also earn up to $4000 as a new user or by referring your friends. It's currently the best exchange in India and also the 3rd biggest crypto exchange by daily derivatives volume.  If you would like to trade at some other exchange, always check their safety precautions, etc.

Please remember new tokens like $TRC are not available in exchanges as you will be able to buy them at a discounted price, so for buying such tokens, you may follow their communities or join their Discord and Telegram groups in order to stay updated.

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