Top Altcoins to Buy for High Staking Yields Amid Crypto Market Downturn
Bitcoin and altcoins have been trading in a narrow range as investors prepare for june, historically a tough month for cryptocurrencies. Bitcoin is currently at $105,000, and the total market cap has fallen to $3.3 trillion. To navigate this challenging period, investors are turning to altcoins wiht high staking yields.
Here are three altcoins with staking yields over 10%:
- IOTA
- Bittensor
- Polkadot
IOTA (IOTA) stands out with a 14% staking yield. It transitioned to a proof-of-stake network in May, offering faster speeds and full decentralization. IOTA’s staking market cap is $375 million,with a 212 million token inflow in the past month. However, its ecosystem is still developing.
These altcoins provide a way to generate income during market downturns. For more insights,check crypto.news.