How to choose altcoin investment targets?
On large trading platforms like Gate, there is a wide variety of altcoins, making it difficult to choose. Newbies should prioritize three main factors:
- Does it have a real ecosystem or landing project?
- Is the trading volume on Gate active, and is there leverage/investment/ETF support?
- Is there community consensus and stable developer maintenance?
Analysis of the Top Ten Alts on Gate (Function + Price)
1.Ethereum (ETH)
- Gate price: approximately 3,482 dollars
- Function: The king of smart contract platforms, widely used.
- Investment advice: The mid-to-long-term allocation value is明显.
2.Binance Coin (BNB)
- Gate price: approximately 728 USD
- Function: Trading fee discount, participate in Launchpad
- Investment advice: Suitable for frequent trading users or Binance ecosystem participants.
3.Solana (SOL)
- Gate Price: about 174 USD
- Function: High TPS, NFT/Game frequently active
- Investment advice: There is significant growth potential in the short to medium term, suitable for swing trading.
4.XRP
- Gate price: approximately 3.01 USD
- Function: Cross-border payment, international settlement
- Investment advice: Hot spot driven, pay attention to ETF trends.
5.Dogecoin (DOGE)
- Gate price: approximately 0.219 USD
- Function: Community-driven, extremely low transaction fees
- Investment advice: Suitable for small-scale participation and sentiment-driven investors.
6.Cardano (ADA)
- Gate Price: Approximately 0.823 USD
- Function: Emphasize security and academic validation
- Investment advice: Suitable for long-term allocation and holders of technical value.
7. Polygon (MATIC)
- Gate price: approximately $0.232
- Function: Ethereum Layer 2 solution
- Investment suggestion: Moderate volatility, suitable for a diversified portfolio.
8.Avalanche (AVAX)
- Gate price: approximately 24.15 USD
- Function: Efficient chain, supports subnet expansion
- Investment advice: Pay attention to ecological development, suitable for short-term participation.
9. Polkadot (DOT)
- Gate Price: Approximately 4.21 USD
- Function: Cross-chain bridge, great potential in the future
- Investment advice: Suitable for buying on dips, parallel chain updates are frequent.
10.Litecoin (LTC)
- Gate price: about 101.7 USD
- Function: Fast payment, lightweight alternative to Bitcoin
- Investment advice: Defensive assets, suitable for conservative investors.
Investment advice and capital allocation strategy
- Suggested allocation ratio (can be established in Gate to create asset portfolio):
- Core Holdings (ETH/BNB): 40%
- Growth projects (SOL/AVAX/DOT): 30%
- Emotional assets (DOGE/XRP): 10%
- Defensive configuration (LTC/ADA): 20%
- Operation suggestion:
- Gate offers one-click copy trading and quantitative trading bot services, allowing Newbies to choose to follow high-yield strategy accounts to build positions in batches.
- Use the Gate wallet for asset backup to prevent accidental loss.