Top 10 Cryptocurrency To Invest In For 2022
If you are planning to invest in cryptocurrencies, there is no better time than now!
Many have asked, what is the top 10 cryptocurrency to invest in ahead of 2022. Well, we here at Ghparrot decided to dive into the crypto world to get our readers and viewers upto date with the latest in the worldof crypto ahead of 2020.
About 10years ago, Bitcoin was just $0.5 and the other cyrtos were not “yet born’ into existence. As you read this piece, there is nobody in this world who doesn’t know about cryptocurrencies.
Best explained, a cryptocurrency (or “crypto”) basically is a digital currency that can be used to buy goods and services via an online ledger with strong cryptography to make online transactions more secured.
Bitcoin which is the most popular crypto has had it’s price hikes this year reaching nearly $65,000 in April 2021 and lost almost half of its value as at June. Although other cryptocurrencies are on the rise, their value compared to Bitcoin is no match in the crytpo world.
Starting from Bitcoin, Ethereum, Dogecoin to Tether, there are thousands of cryptocurrencies in operation today.
In this article, Ghparrot tries to bring you the Top 10 Cryptocurrency To Invest In For 2022. Should you consider investing in any of these, a year by now December, 2022 will be a celebration if not an improvement.
Top 10 Cryptocurrency To Invest In For 2022
1st – Bitcoin
There is no better way to start this list than with the guru of all cryptocurrencies BITCOIN. It started in 2009 and has been able to stand the test of time and it is still exceeding expectations of many. One main feature that makes bitcoin more attractive to online users is how they can work without intermediaries as compared to the banking system. Bitcoin is a decentralized digital currency without a central bank or administrator. It uses the peer-to-peer network to operate.
2nd – Ethereum
As the “prince” to bitcoin, Ethereum is a technology that’s home to digital money, global payments, and applications. Ethereum is a decentralized software platform that enables smart contracts and decentralized applications (dApps) to be built and run effectively.
3rd – Solana
Next on the list of the Top 10 Cryptocurrency To Invest In For 2022 is Solana. Solana has been a top performer in 2021.
4th – Dogecoin
Dogecoin took mainstream crypto market by storm after the 2020 Bitcoin rally. Many different types of businesses accept DOGE, with some of the highest-profile including Elon Musk’s SpaceX and the Dallas Mavericks. Many Dogecoin holders use their DOGE to tip content creators on Reddit and other social media platforms. It is one of the cryptos you would want to keep an eye on and possibly invest in now for the future.
5th – Cardano
Another one on the block is Cardano. It is a 3rd generation cryptocurrency that integrates the hallmark features of the first-generation, Bitcoin, and the second generation, Ethereum.
Its platform provides an efficient alternative to the standard Proof of Work (PoW) network used by Ethereum and similar tokens. It is one of the best cryptocurrencies to buy before 2022 begins.
6th – Binance Coin
Binance Coin (BNB) may be an excellent choice if you want to invest in a major cryptocurrency other than Bitcoin or Ethereum. Binance Coin is developed and marketed by Binance exchange. BNB is used as a utility token to pay for trading fees and transactions at a lower price.
7th – USD Coin
Like Tether, USD is a stablecoin that is backed up by U.S. dollars and aims for a 1 USD to 1 USDC ratio. Investors who want to explore the crypto space without taking on excessive risk would prefer a stable cryptocurrency such as USD Coin. USDC is a great option for traditional investors looking for a low-beta investment that can generate returns better than CDs.
8th – XRP
Created by founders of Ripple which is a digital technology and payment processing company. XRP can be used on that network to facilitate exchanges of different currency types of top cryptocurrencies such as BTC, ETH, DOGE, and many more. It is an option to invest in for 2022.
9th – Litecoin
Litecoin is one of the best cryptocurrencies to buy before 2022 begins. It has a maximum of 84 million coins which is four times as many as Bitcoin. While coming to the block generation time of Litecoin is about 2.5 minutes per block with this speed transactions are confirmed more easily and quickly than that of Bitcoin’s network which takes about 10 minutes to confirm the transactions.
10th – Polkadot
Cryptocurrencies may use any number of blockchains aimed to integrate them by creating a cryptocurrency network that connects the various blockchains so they can work together. It is estimated that the coin price could average US$46.02 in 2022 and rise to US$54.42 in 2023 and US$78.2 in 2025
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