Ripple, the cheapest cryptocurrency to invest in Iran

Ripple; 34 thousand 200 tomans

The price of Ripple for Iranian investors in the cryptocurrency market is approximately 34,200 tomans. Each Ripple unit is currently worth 0.66 dollars, and taking into account Tether 51 thousand 700 tomans, the price of Ripple is calculated a little more than 24 thousand 200 tomans.

Ripple has had a limited fluctuation compared to yesterday and Tuesday of the previous week, but compared to the beginning of the year, i.e. the first day of April, its yield reaches a positive 37%. During this period, the price of Ripple has increased from $0.47 to $0.66, which due to the limited drop in the price of the dollar during this period, its yield in Iranian wallets is not much different.

Ripple has about 35 billion dollars out of the total volume of 1.44 trillion dollars of the digital currency market, and because of this, it is estimated to dominate the market at about 2.5%. For this reason, Ripple, which can be one of the options in the list of the cheapest digital currency for investment, is in the fifth place after Bitcoin, Ethereum, Tether and Binance, and its turnover in the previous day and night was nearly three billion dollars.

Cardano; 18 thousand 600 tomans

Cardano is the eighth most important cryptocurrency with a share of approximately 0.9% of the digital currency market. So far, a little more than 12 billion and 600 million dollars of the total value of the digital currency market has been converted to Cardano or ADA, and only in the previous day and night, the volume of its purchases and sales was 423 million dollars.

The price of Cardano, as one of the cheapest options in the list of the top 20 digital currencies in the world, has reached about 18,600 Tomans, i.e. $0.36. The last number shows that Cardano has lost about 90% of its price compared to its historical peak of $3.1. However, thanks to the good days that Bitcoin is going through, Cardano is at its highest level since the middle of June this year, and after five months, it has managed to cross the $0.35 mark.

Dogecoin; Three thousand and 900 tomans

Dogecoin, like other memecoins, was released as a joke, but now Dogecoin has become one of the top 10 digital currencies in the world with a market share of almost 80%. Currently, Iranian traders in the digital currency market spend nearly 3,900 Tomans to buy Dogecoin, whose price has reached $0.074.

Dogecoin is far away from its best days i.e. May 1400 and currently its value has decreased by almost 90% compared to the period we told you. In May of that year, the price of Dogecoin reached a historical peak of $0.73. However, due to the fluctuation of the dollar price, the loss of Iranian investors from the drop in the price of Bitcoin is calculated to be around 60%.

Tron; Four thousand tomans

Tron is currently the tenth top cryptocurrency with a share of approximately seventeen percent of the digital currency market transactions. Until today, almost 9.5 billion dollars of the total assets of the market have been converted into Tron or TRX, and in the previous day and night, the trading volume of Tron was recorded at 282 million dollars.

The price of Tron has reached the range of 0.10 dollars and according to the current rate of Tether, it is about five thousand and 500 tomans for Iranian investors in the digital currency market. A figure that we can consider as the highest price of Rial Tron since the beginning.

Polygan; 48 thousand and 500 tomans

The price of Polygan has reached 48 thousand 500 tomans and is worth 0.93 dollars. The current value of Paligan is equal to the middle of May this year, and if we look at its chart, we can see a 67% drop compared to the historical peak.

The price of Paligan increased from 1400 to 2.92 dollars on the 6th of January, which was equivalent to 87 thousand 500 tomans in our money that day. Now the price of Paligan has decreased by 77% compared to its peak price in dollars, but by 45% compared to its peak price in Riyal.

Polygon holds the 11th place in the list of digital currencies in the world and currently its total market size is around 8.6 billion dollars. In the previous 24 hours, about one billion dollars have been exchanged due to the buying and selling of Polygan.

The cheapest famous digital currency