After the pandemic, many people are talking about digital currencies and their impacts in the marketplace on all the major platforms. Most of the digital trading platforms have cryptocurrencies as their #1 priority for their users.
Many crypto investors, start-ups, and businesses invested their money in prominent cryptocurrencies to get more profits. If you are investing your money in any crypto now, you will get more profits in the upcoming days. But some people still aren’t aware of cryptocurrencies and their crucial impacts in this digital era.
Many crypto investors are starting to look forward to 2022. As of now, there are many different altcoins available in the crypto marketplace. So now, you may ask: which one will be the best cryptocurrency to invest in in 2021? Even many traders, start-ups, and investors don’t know which cryptocurrencies to invest in to get enormous amounts of profits in 2022.
This article helps you to choose the 10 best cryptocurrencies that you can invest in in 2022. But before that, we can see…
Cryptocurrency is a digital currency that can be used on all digital trading platforms. It will be available only in digital format so you can not touch or feel it. You can trade digital assets using cryptocurrency in a hassle-free manner. The first invented cryptocurrency is bitcoin and was developed under powerful blockchain technology. So only this crypto is known as bitcoin and other digital currencies are said to be altcoins.
The word ‘crypto’ in cryptocurrency refers to complex cryptography. That allows the creation of altcoins for the transaction in the decentralized peer-to-peer ecosystems. The important note is — Normal people can not develop a digital currency; only experienced developers with in-depth knowledge of blockchain technology can create a cryptocurrency.
In general, Cryptocurrencies play a vital role in cryptocurrency exchange platforms. In those platforms, users buy, sell, and trade cryptos easily in a hassle-free manner. In this current time, many big companies and industries have started accepting some popular cryptocurrencies as their payments. This made many start-ups and entrepreneurs trade popular cryptocurrencies from diverse exchange platforms.
As for now, there are more than 3000+ cryptocurrencies present in the marketplace. So you might get confused about which cryptocurrency to invest in — right? So here we suggest the best 10 cryptocurrencies that you can invest in in 2022.
Top 10 Cryptocurrencies to Buy or Invest in 2021
Here we list the finest digital currencies that you can invest in in 2022 to make more profits in the crypto trading platforms.
Bitcoin is the most eminent digital currency across the world. As I already mentioned in this article, bitcoin is the first digital currency developed using blockchain technology. Bitcoin is shortly mentioned as BTC and it came into the crypto market in January 2009 with the reward of 50BTC. This fantastic digital currency was first founded by Satoshi Nakamoto. At the beginning stage of bitcoin, the price of one BTC is below $1. Also, only a few people used BTC for trading digital assets at that time. But now the current price equals more than $25k. Experts in the crypto community predict that it might reach $100K in the future.
In recent times, BTC made a terrific boom in the bitcoin trading platforms and the marketplace. So it has become a trending topic worldwide. There is no doubt that until the existence of bitcoin in the market, it will be at the top position. Even though the crypto market falls, bitcoin will have stable growth in all the trading markets. Bitcoin is highly volatile, so BTC will be beneficial only if you can buy and hold it for long-term investment.
After the Bitcoin halving which happened in May 2020, there is a huge price fluctuation in the BTC. It is a third bitcoin halving with 6.25 BTC rewards. Already two halving’s are covered with the rewards of 25BTC & 12.5BTC. Also, these halves created great impacts on bitcoin prices. The crypto community expects third bitcoin halving will also create a new historical peak in the crypto marketplace. Thus, if you are investing in bitcoin now, you might get great returns in 2022.
After the huge success of bitcoin, Ethereum was invented by using a borrowed blockchain network of bitcoin. Ether is recognized as the most prominent digital currency after bitcoin. It acts as a digital currency and a crypto token in the crypto trading platforms. Vitalik Buterin is the founder of Ethereum, he is one of the cryptocurrency experts in the blockchain industry. In terms of liquidity, Ethereum is the second most popular cryptocurrency worldwide.
The price of Ethereum is less volatile compared to bitcoin. So, you can easily buy/sell Ethereum on any crypto trading platform. Ethereum is shortly known as ETH in the marketplace. As we know, Ethereum is a separate blockchain, so by using Ethereum, one can create a smart contract for their blockchain business. It is also an open-source blockchain network, so developers can create custom ERC20 tokens and decentralized applications.
Ethereum has more crypto coins compared to bitcoin and other cryptocurrencies. It is due to the functionalities in decentralized ecosystems. Thus, many business people and start-ups prefer Ethereum smart contracts to launch their projects and decentralized applications. Even ICO and IEO projects are run by thousands of Ethereum tokens. Currently, the price of ETH is more than $700 and it will surge in the upcoming days. Thus, you can also invest your money in ETH in 2021.
Bitcoin is a popular digital currency among investors in the crypto industry. This crypto coin was first launched in 2017 and quickly reached investors who are interested in cryptocurrency trading. This decentralized electronic cash system was introduced as a scalable branch of the original Bitcoin. Now, it is one of the world’s largest cryptocurrencies by market cap with a worth of more than $6 billion
The current price of bitcoin cash equals more than $300 in the marketplace. However, the predictions for the price of Bitcoin Cash will vary. Experts in the cryptocurrency trading platform have predicted that it will rise more than $500 within a few years. Thus, 2021 will be an ideal time to add Bitcoin Cash to your crypto investments
Litecoin is the first alternative of bitcoin and it was entirely developed by the bitcoin blockchain in 2011. This crypto coin has a fast-processing time and makes it ideal for payments. It is far similar to bitcoin so it remains as the decentralized digital currency. Litecoin was first developed by Charlie Lee and he is a well-experienced computer scientist & a cryptocurrency enthusiast. Litecoin has high liquidity and the price is less volatile in the smaller crypto markets.
Litecoin is a well-known cryptocurrency that is prevailing in the crypto market. The total supply of this digital coin is more than $84 million. But bitcoin has a supply of only 21 million coins. Litecoin is shortly known as LTC in the crypto space. The current price of a single bitcoin is equal to more than $100. In the future, the price of a single LTC may reach more than $500.
EOS is a new digital currency that was first launched in June 2018. It is a new arrival in the exchange listing and developed after Ethereum. So, it is a great smart contract platform where developers can create secured decentralized software and applications. EOS consists of EOS.io and it acts as an operating system in the computer. Also, it acts as a secure blockchain network for the cryptocurrency as EOS.
The Current value of one EOS is more than $2. But some surveys say that it may touch $15 at the end of 2021. This made many businesses, investors, and start-ups invest money in EOS.
The name itself suggests it’s a digital currency developed by finance. It acts as a crypto token in the Binance exchange. It is used for paying fees for trading and other services in finance. It is shortly known as BNB in the digital currency marketplace. All Crypto enthusiasts know that Binance is the world’s biggest exchange platform in terms of volume trading. This Binance coin also has high volume and liquidity in the exchange platform.
The price of the Binance coin has been volatile for the past few years. Sometimes the price goes up/down in the trading platforms. Thus, the volatility remains high in the Binance coin. When you hold the BNB then your trading fees will be less in the balance. Currently, the price of the Binance coin equals more than $35 and it might vary in the future.
NEO is one of the well-known cryptocurrencies in the crypto industry and it was first launched in 2014. NEO acts as smart contracts and helps developers to develop and deploy decentralized blockchain applications. Also, it is more centralized compared to the Ethereum blockchain.
You can easily trade NEO on any crypto trading platform. Because it is very cheap in the trading market. It also has high liquidity and the price is volatile in the markets. So your investment will be stable and you can earn more profits. More than 200 million NEO cryptocurrencies are in existence and it is separately distributed for different usages. So The Current price of NEO is more than $14 and when the demand increases, the price will be automatically increased.
Cardano is also a smart contract platform and cryptocurrencies like NEO and Ethereum. It was first launched in 2015 and aims to become a home for large-scale financial applications. It is a decentralized peer-to-peer blockchain system and its cryptocurrency is named ADA. It works fast and has easier development tools. Also, it has a two-layer of technology. Such as,
· Tracking the balances on the ledger
· Transferring value.
Cardano also relies on technology people. They are connected with companies to offer courses for programming languages that are used within the Cardano network. The price of Cardano cryptocurrency is very low and the price is $0.18. If you are planning for lower investment and to yield more profits in the future. Then you can prefer this digital currency in 2021.
Monero is one of the protected cryptocurrencies and is popular in the crypto marketplace. This digital currency was first developed by ideal cryptographers and blockchain developers. Monero is a privacy coin and it is one of the leading cryptocurrencies in the market. You can trade this cryptocurrency instantly without any hassle. It is less volatile compared to other crypto coins in the market. The current value is more than $150 and it is shortly called MXR in the crypto space.
Dash is an open-source cryptocurrency and it is first delivered by the bitcoin protocol. It was first launched in the name Xcoin and later they changed to the dark coin. In 2015 they again changed and named dash. Then it became the most prominent digital currency worldwide. Dash is also recognized as the best crypto coin for instant payments.
Already many users are trading this digital currency in the reputed crypto exchange ecosystems. The Current price of the dash is more than $100 and it might reach high in the upcoming months. If you are planning to buy a dash coin in 2021. Then it is crucial to analyze the dash market price, liquidity, and volume.
In the end,
We hope you have got some ideas on which cryptocurrency to invest in in 2022. There are several cryptocurrencies available in the crypto market. But we just mentioned the 10 best cryptocurrencies to invest your valuable money in 2022. Before investing in any cryptocurrency, kindly check the volume, price, and liquidity of the particular crypto in the marketplace.
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