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5 Most Expensive Crypto To Buy This Month
Digital assets have seen prices soar over the years following inflows in most expensive crypto with investors looking to buy.
Bitcoin (BTC)
$BTC Bitcoin is the cryptocurrency market leader by price and market capitalization. The asset trades at $68,233 a 2.2% increase in the last 24 hours. Bitcoin dominates the market and is usually described as a gateway asset as most crypto users prefer to get a piece of the asset before diversifying their portfolio.
BTC tops the expensive crypto list and is poised to attract more inflow use to spot Bitcoin ETFs which propelled its price to new all-time highs above $72,000.
Yearn.finance (YFI)
Decentralized finance protocol yearn.finance that allows users to earn a yield on digital assets has seen its native token soar to $6,908. The asset is up 1.2% today although it faces a 22% decline in revenues. Users have become invested in the project because of the utility of yield farming.
Ethereum (ETH)
Popular altcoin and leading smart contract blockchain Ethereum has witnessed increased market activities surging its price. ETH trades at $3,129 ranking among the most expensive crypto in the market. The price of Ethereum is expected to soar amid anticipated spot ETF approval and its staking feature.
PAX Gold (PAXG)
PAX Gold is backed by real gold reserves making its price move with the value of the precious metal. The assets exchange hands at $2,407.29, a slight decline in price and a 58% plunge in trading volumes. Each asset is redeemable for an ounce of gold.
Binance is the largest cryptocurrency exchange by trading volume and its token BNB trades at $576.69, moving sideways in the last 24 hours. BNB’s market cap stands at $89.2 billion propelled by the activities on the centralized exchange. In the last 12 months, the asset’s price is up 87% as its price makes it among the most expensive crypto assets.