Do you intend to purchase Top 10 Cryptocurrencies to invest in 2022 ? Want to stay up to date on the latest crypto trends and updates? Fear not if you find it difficult to invest in cryptocurrency. Finding the best cryptocurrency investments can be difficult, so read this comprehensive guide to the top ten cryptocurrencies to invest in for 2022.
Because of their mainstream appeal and potential for value increases, the projects listed Below are the best cryptos to buy. Let’s take a look at each of these cryptocurrencies individually so you can get a better understanding of why they are prize assets. Top 10 Cryptocurrencies to invest in 2022
Top 10 Cryptocurrencies to invest in 2022
The price of Bitcoin is one of the most closely followed in the mainstream media. And with good reason! Bitcoin is one of the most popular and oldest digital currencies, and it is the one I first learned about! Bitcoin was created in 2009, near the end of the financial crisis, and has seen tremendous growth since then.
Its current market capitalization is nearly 450 billion US dollars. It’s also the de-facto digital currency for the vast majority of investors, and as such, it’s now the world’s most valuable coin by market capitalization. Bitcoin was up 57 percent in 2021, reaching a high of $67566 on August 11 before falling dramatically. Top 10 Cryptocurrencies to invest in 2022
Ethereum is the second most valuable cryptocurrency on the list. Although Ethereum appears to be a new coin in the market, crypto investors know that it has done well due to its ability to create intelligent or smart contracts.
Ethereum is one of several types of cryptocurrency: The company’s network is used as a cryptocurrency, and it offers developers an open-source crypto environment. Furthermore, similar to smartphone apps that allow third-party app downloads, Ethereum allows developers to create Ethereum applications that connect to a network.
Furthermore, investors can buy Ethereum just as easily as they can buy Bitcoin if they believe it will be a more profitable asset. The programable network of Ethereum can be used with more customised options.
For example, the NFT token, which was created by people outside of the cryptocurrency community this year, drew a lot of attention from people outside of the cryptocurrency community. Ethereum was launched in July 2015, and its market cap is currently around 149 billion USD. Indeed, the ability of its blockchain to process transactions has been a game changer. Top 10 Cryptocurrencies to invest in 2022.
Following that is XRP, a cryptocurrency designed for payments. Indeed, it is the native digital asset on the XRP Ledger—an open-source, decentralised blockchain technology that allows transactions to be completed in seconds. XRP can be sent directly without the need for a central intermediary, making it an ideal tool for quickly and efficiently bridging two different currencies. XRP debuted in 2012 and now has a market cap of around $40 billion USD. Ripple Labs is in charge of the digital currency’s upkeep. Top 10 Cryptocurrencies to invest in 2022
Stellar is the second most popular cryptocurrency on the list, and it is popular because it provides investors with low-cost cross-border transactions. Stellar, according to stellar.org, allows you to create, send, and trade digital representations of any currency, including dollars, pesos, bitcoin, and pretty much anything else. It is intended for all of the world’s financial systems to collaborate on a single network. Stellar, which was founded in 2014, now has a market capitalization of approximately $7 billion USD. And, last year, in 2021, the price of XLM doubled, making long-term investors very happy. Top 10 Cryptocurrencies to invest in 2022
Dogecoin is the next cryptocurrency on the list of the top 20. Dogecoin was created in 2013 by Billy Markus and Jackson Palmer, who decided to create a payment system as a “joke,” mocking the craze for cryptocurrencies at the time. To be sure, it was a way to mock other cryptocurrencies that appeared to have grand plans to take over the world. Dogecoin rose to prominence as the first internet meme digital currency. Dogecoin’s market capitalization is now around 22 billion US dollars, and its all-time high was $0.6848 on May 7, 2021. Dogecoin is currently worth about 17 cents. Top 10 Cryptocurrencies to invest in 2022
Celsius is the next digital coin on the list, with a market cap of just under 4.4 billion US dollars. Celsius, which was founded in 2017, is a relative newcomer to the cryptocurrency market.The Celsius Network is an SEC-approved lending platform. Indeed, the platform allows users to earn interest on cryptocurrency deposits and even borrow cryptocurrency. Furthermore, Celsius hopes to attract investors by offering high deposit yields.
Furthermore, for existing crypto investors who want to take out a loan, Celsius allows them to receive dollars without having to cash out their cryptocurrency holdings.Celcius, on the other hand, announced on June 13, 2022, “Due to extreme market conditions, today we are announcing that Celsius is pausing all withdrawals, Swap, and transfers between accounts.” Top 10 Cryptocurrencies to invest in 2022
7. Tether (USDT)
Tether is the next cryptocurrency on the list, but investors know it by its ticker, USDT. Tether’s current market capitalization exceeds 69 billion US dollars. Tether is a Stablecoin that is pegged to the value of the US Dollar (aka USD coin), so its price is usually $1.00 plus or minus a few hundredths of a cent. In fact, the highest trading price I could find dating back to 2016 was $1.03 in 2017. Investors can also purchase USDT, which operates on the Ethereum, EOS, Tron, Algorand, and OMG blockchains. Top 10 Cryptocurrencies to invest in 2022
8.Binance Coin (BNB)
Binance Coin, also known as BNC, is the next deserving cryptocurrency on the list. Binance is a utility cryptocurrency that was founded in July 2017 and is now the largest cryptocurrency exchange in the world by daily trading volume. Binance is a cryptocurrency that is used to transfer fees from the Binance Exchange to trade. Its market capitalization outperformed the average, with 1.6 billion worth of BNBs held in investment accounts.
Exchange holders may trade the tokens at reduced rates. Similarly, the Binance coins blockchain uses its decentralised system Binance Coins to operate in decentralised exchanges. Changpeng Zhao founded the Binance exchange. It is now the world’s largest exchange in terms of trading volume. Binance Coin is an Ethereum blockchain-based token with an initial value of ETH20. The main website was then made available. The system is powered by the PoS consensus framework.
Binance has benefited from increased investor interest in its coin since the launch of the Binance Coin. And this was evident in 2021, when BNB began the year at $37 and 90 cents and ended the year at more than $511. That is a 13x return for those who invested for the entire year of 2021. BNC’s market cap is now slightly more than 87 billion US dollars, and I believe it is one to watch. Top 10 Cryptocurrencies to invest in 2022
BSV was created as a result of a hard fork of Bitcoin Cash in 2018, which had forked from the BTC blockchain a year earlier. BSV currently has a market cap of slightly more than $2 billion USD and trades for around $122. However, this is a significant decrease from its 52-week high of $491.
One of the most appealing features of BSV is its ability to process more than 100,000 transactions per second. However, how people like you and me will adopt it in the future remains to be seen. Top 10 Cryptocurrencies to invest in 2022
Cardano is another promising digital currency. Because it is undervalued, it is one of the most traded and popular cryptocurrencies in the United States. Both technical and fundamental analysis of the coin show that it is grossly undervalued and that ADA will begin an upward price correction at any time.
For the longest time, the only thing keeping Cardano’s price from exploding was the requirement for peer-research. This made it rigid, and it was eventually surpassed by newcomers such as Solana and Avalanche, who were quick to adopt new crypto technologies.
However, when Cardano integrated the smart contract feature in late 2021, the ecosystem’s growth accelerated. This enabled the platform to become more innovative by allowing the integration of DeFi, dApps, and Web3 protocols. These factors, combined with Cardano’s unrivalled commitment to security, have increased developer activity and the number of on- and off-chain brands interested in building on the network. These are precursors of value gain for any cryptocurrency asset because they increase demand for its tokens.
Cardano has the potential to overtake Ethereum as the most popular smart contract platform, according to the general consensus. However, before it flips ETH, analysts believe that ADA will have increased its investor portfolios by more than 6000 percent by the end of the decade, when its price will have surpassed 6000 percent. This enormously promising future not only informs its popularity, but also confirms why you should consider purchasing ADA right now. Top Cryptocurrencies to invest in 2022
Disclaimer : The information is current as of May 2022. Because everyone’s personal circumstances differ, always seek qualified investment advice (objective information from a qualified professional) before purchasing anything. Finally, the opinions expressed in this article are solely for informational purposes, and past performance is no guarantee of future results. Top 10 Cryptocurrencies to invest in 2022