This is a question that many people are asking, as the global cryptocurrency market continues to grow. While there are many different cryptocurrencies available for investment, not all of them will be a good fit for everyone. The cryptocurrency market is rapidly evolving and growing. Many people are looking to invest in cryptocurrencies in order to benefit from the potential profits that can be made. However, it can be difficult to know which currencies to invest in. In this article, we will look at the best cryptocurrencies to invest in 2022.
Top 10 Best Cryptocurrencies to Invest in 2022:
1. Bitcoin (BTC)
Market Cap: Over $921 Billion
Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto in 2009. As with most cryptocurrencies, BTC runs on a blockchain, or a ledger logging transactions distributed across a network of thousands of computers around the globe. Bitcoin is kept secure and safe from fraudsters.
Bitcoin’s price is highly volatile and can experience large swings in value. For this reason, it may not be the best investment for everyone. However, if you are comfortable with the risks and believe that Bitcoin will continue to grow in value, then it may be a good investment for you. Many experts believe that Bitcoin still has a chance to become a mainstream currency in the future.
Bitcoin is getting more and more popular every day. Many companies accept it as payment, including Expedia, Dell, Paypal, and Microsoft. In addition, a growing number of brick-and-mortar businesses are starting to accept bitcoin as well, which makes it the top in the list of best cryptocurrencies to invest in 2022.
2. Ethereum (ETH)
Market Cap: Over $480 Billion
Ethereum is one of the most established cryptocurrencies on the market. It was founded in 2015, and it has been consistently growing in popularity ever since. This makes Ethereum a proven investment, and it’s one of the best cryptocurrencies to invest in.
The Ethereum blockchain technology is currently being tested by many corporations, banks, and even governments all around the world. If successful, this would lead to a massive increase in ETH:s value.
3. Binance Coin (BNB)
Market Cap: Over $89.8 Billion
Binance Coin (BNB) is a digital asset that was issued by Binance, one of the world’s largest cryptocurrency exchanges. It can be used to pay for goods and services on the Binance platform.
BNB has several features that make it a valuable digital asset. First, it can be used to reduce the cost of trading fees on the Binance platform. For example, if you use BNB to pay for your trading fees, you will receive a 50% discount on the fee. This makes it an attractive option for traders who want to save money on their trading fees.
Second, BNB is also used as a voting token on the Binance platform. This means that holders of this coin can vote on which tokens should be listed or not on the Binance platform. This could make the coin more valuable in the future as an increasing number of exchanges will allow users to vote for their favorite coins and token projects which makes it among the best cryptocurrencies to invest in 2022
BNB could also benefit from Binance’s plans to establish a decentralized cryptocurrency exchange (DEX).
4. Tether (USDT)
Market Cap: Over $76.7 Billion
Tether is a stable coin that is pegged to the US dollar. This means that it is less volatile than other cryptocurrencies and can be used as a more stable store of value. Tether (USDT) is the most popular stable coin, and it’s currently ranked as having the fifth-largest market cap.
This makes one coin worth around $1 USD. There are many different wallets that support Tether including Coinomi, Exodus, Atomic Wallet, Trust Wallet, Guarda Wallet, and more. However, not all exchanges accept Tether / USDT so if you’d like to trade altcoins for USDT you’ll have limited options on some sites.
If you want to buy Tether with your credit card then you can do so using Changelly or Coinmama without an ID verification required. However, both of these services charge higher fees than buying directly from Binance through Ethereum or Bitcoin.
5. Solana (SOL)
Market Cap: Over $57.86 Billion
Solana is a next-generation blockchain capable of millions of transactions per second. It uses Proof-of-History as a consensus mechanism that doesn’t require energy or expensive hardware for mining.
This means it’s the first-ever blockchain to use Proof-of-History, which provides a way to both trustlessly prove that events have occurred and keep data stored on the ledger consistent over time. This has applications across several industries, but most importantly for us, it allows us to ensure user privacy while providing a tamperproof record of what actions users have taken on the network.
6. Cardano (ADA)
Market Cap: Over $44 Billion
The crypto market has been in a bearish mood for over a year now. However, there are some bright stars in this bleak scene. One of them is Cardano (ADA). This coin managed to reach $1 billion in its market cap back in January 2018. Since then, it hasn’t stopped losing value. And that’s why its current price is just $0.086540. Although that looks like peanuts compared to what ADA used to be, you need to keep in mind how undervalued this coin still is today. It has so many things going for it which makes it one of the most solid projects on the market right now. So if you want my prediction about where ADA can go by 2022, I would say that it could be worth $0.50 or higher by then which gives it a market cap of $40 billion.
7. U.S. Dollar Coin (USDC)
Market Cap: Over $41.7 Billion
The U.S. Dollar Coin (USDC) is a digital asset that was created in October of 2019 by CENTRE, a consortium of leading companies including Circle, Coinbase, and Bitmain. USDC is a stable coin that is pegged to the U.S. dollar 1:1. This means that one USDC is always worth $1 USD, and it would remain stable cause of the dollar.
8. XRP (XRP)
Market Cap: Over $39 Billion
1. XRP is one of the most scalable cryptocurrencies in the world. It can handle up to 1,500 transactions per second, which is much higher than Bitcoin (7 transactions per second) or Ethereum (15 transactions per second). This makes it a perfect choice for businesses that need to process a large number of transactions quickly.
The XRP token is also very affordable. You can purchase a single XRP for just $0.27, making it one of the cheapest cryptocurrencies on the market. This makes it a great investment option for people who want to get involved in the cryptocurrency market but don’t have a lot of money to invest.
9. Polkadot (DOT)
Market Cap: Over $26.8 Billion
Polkadot is a protocol developed by Parity Technologies Ltd. (formerly Ethcore) and the Web3 Foundation, with contributions from the broader blockchain community that enables the creation of highly scalable and secure multi-chain applications and will create an internet for blockchains: a truly decentralized web. Many parachains — public blockchains with their own validators, which connect to Polkadot through “relay contracts”. It’s important to understand that, unlike most other protocols, Polkadot supports any kind of blockchain application on top of its platform, from simple token transfers to complex smart contracts.
10. Dogecoin (DOGE)
Market Cap: Over $23.9 Billion
When we talk about the best cryptocurrencies to invest in 2022, There are a few reasons why investors should consider DOGE in 2022. Firstly, the currency has a very low supply cap of just 112 million tokens. This compares favorably to other currencies like Bitcoin, which has a supply cap of 21 million tokens. Secondly, the Dogecoin network is incredibly secure and fast, making it ideal for transactions. Finally, the Dogecoin community is active and enthusiastic, which could help to drive adoption and price growth. Overall, these factors suggest that DOGE could be a strong investment option in 2022.
Best Cryptocurrency Exchanges
|Low costs for spot and general trading.||Fewer coin options than its international gateway company, Binance.|
|A vast range of crypto to purchase.||Not available in all us States yet.|
|User review & Cybersecurity top ranking.||New arrivals to crypto may need more information about it.|
|Beginner-friendly interface and easy transactions.||High fees for convenience.|
|Learn about crypto and get rewarded.||Must use a separate & complex platform to access a lower pricing structure.|
|User reviews and security ratings.|
Common Crypto Questions
What is an exchange?
An exchange is a digital marketplace where traders can buy and sell cryptocurrencies. Exchanges allow users to trade cryptocurrencies for other assets, such as fiat currency or other cryptocurrencies.
What are the most common types of exchanges?
There are two main types of exchanges: centralized and decentralized. Centralized exchanges are operated by a single company or individual, while decentralized exchanges are run by a network of users. Decentralized exchanges are often considered more secure than centralized exchanges, as they do not require users to trust a third party with their funds.
Why are these Best Cryptocurrencies to Invest in 2022?
First of all, they have the best application for real-world problems. Secondly, many of these will greatly increase their market share by 2022, So they can be bought at a low price now and will likely increase in value over time.