In the cryptocurrency market, while Bitcoin remains the largest cryptocurrency, there are some tokens gaining popularity for their focus on security and privacy. Among these are Zero Knowledge (ZK) Coins. ZK Coins are a category of cryptocurrencies that solely use Zero-Knowledge proofs, ensuring the security of users' identities. In this way, ZK Coins play a crucial role in providing privacy and security in the cryptocurrency space.
Today, we'll talk about the top 4 ZK Coins that investors can consider buying: Polygon (MATIC), NEAR Protocol (NEAR), Immutable (IMX), and Mina Protocol (MINA). These tokens have the potential to provide good returns in the future.
Polygon, also known as Matic Network, is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is the Polygon SDK, a modular, flexible framework supporting the creation of various applications. Polygon (MATIC) has a market capitalization of approximately $8.32 billion. Currently trading at around $0.90, it reached its all-time high of $2.92 in December 2021. Since its inception, it has shown significant growth, increasing by 28388.3%. MATIC could be a promising investment option for investors planning to enter the crypto market.
NEAR Protocol is a developer-friendly, proof-of-stake public blockchain created by a global team. NEAR is the native token of the NEAR Protocol. With a market capitalization of around $7.0 billion, NEAR Protocol (NEAR) is currently trading at $6.80. It reached its all-time high of $20.44 in January 2022, showing a growth of 1177.9% since its creation in November 2020, when it started at $0.5268. For investors seeking a good token with lower cost, NEAR could be a suitable option.
Immutable X blockchain uses STARK zk-rollup to address Ethereum's scalability issues, enhance user experience, liquidity, and developer experience. IMX is the native token of Immutable X. With a market capitalization of approximately $3.95 billion, Immutable (IMX) is currently trading at $2.78. It reached its all-time high of $9.52 in November 2021, showing a growth of 633.7% since its inception in December 2022, starting at $0.3781. For investors interested in investing in the crypto market, IMX could be a good option.
MINA is the world's lightest blockchain, powered by participants. Using Zero Knowledge proofs, MINA is preparing infrastructure for a secure, democratic future. Mina Protocol (MINA) has a market capitalization of approximately $1.15 billion. Currently trading at $1.06, it reached its all-time high of $9.09 in June 2021, showing a growth of 204.1% since its inception in October 2023, starting at $0.3513. Investors planning to invest in the crypto market can potentially earn good profits by investing in MINA.
Hence these are the top 4 ZK tokens to buy in 2024 for those crypto investors who ensure security as the top priority. These tokens can give a good return on your investment however Coin Gabbar suggests that before investing in any type of token conduct thorough research on it. Coin Gabbar with its expert team always suggests the best tokens with no risk involved but it's a crypto market and we can’t predict anything.
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