Crypto News

What are the Big 10 Cryptocurrencies that Can Explode in 2022?

The cryptocurrency market has reached its heights in 2021. No one in the world has predicted how quickly Bitcoin has tripled and pushed the whole market upward. When talking about DeFi, it is altogether a different arena that has also witnessed huge growth and demand over the years. In early September 2021, DeFi pulse reported about US$97.779 billion for its DeFi protocols but at the time of writing DeFi protocols are locked in at US$88.4 billion.

The proof-of-stake cryptocurrencies also seemed to gain demand over the proof-of-work. There was a significant jump in NTFS too. Are you the one who wanted to invest in cryptocurrencies? If you are wondering which top cryptocurrencies to invest in? No worries, here is a compiled article that can answer all your questions. These are the top cryptocurrencies to buy for 2022.

 

1 Bitcoin

Bitcoin is the best cryptocurrency to buy, as it is the number one cryptocurrency in the market that has gained a lot of traction. The people who have invested in this oldest cryptocurrency have benefited to a great extent. Crypto investors are earning huge profits owing to the cryptocurrency price that has been crossing a great milestone crossing US$60k margin recently. Even though the market is highly volatile, BTC is one of the top cryptocurrencies to buy for 2022.

 

2 Ethereum

Ethereum is currently in the second position after Bitcoin in the cryptocurrency market. ETH also has the great potential to outgrow Bitcoin in the coming years. It is also dominating all financial transactions and payments in all sectors. It is also one of the top cryptocurrencies to invest in in 2022. Most of the investors are looking towards ETH for obtaining good results in the coming days. It is the best cryptocurrency known for empowering thousands of decentralized applications to ensure there is a fairer financial system.

 

3 Solana

Solana is one of the top cryptocurrencies to buy to gain from the digital wallets of crypto investors. It is the best cryptocurrency that is known for its effective, censorship-resistant blockchain, and fast for global adoption. It is likely to witness a spike in the coming years. This is one of the top cryptocurrencies to buy in 2022.

 

4 Tether

Tether is a stablecoin that has no volatility and has no ups and downs in the market. It tethers the value to the price of the US dollar or the Euro. and so many of the crypto investors are keen on investing in this one of the top cryptocurrencies that have no volatility in the crypto market.

 

5 Binace Coin

Binance Coin is used worldwide for discounted trading fees and payments for various services making the transactions seamless. It is likely that cryptocurrency investors can obtain good benefits from this one of the cryptocurrencies to buy in 2022 that leads in the crypto market. Binance is the world’s number one cryptocurrency platform where Binance Coin is used to pay fees on this exchange platform.

 

6 Cardano

Cardano is a cryptocurrency that currently ranks on the fifth position of the top cryptocurrencies to buy list according to the CoinMarketCap. Some of the investors predict that Cardano has the potential to become the next Bitcoin that deals with smart contracts. It can securely store confidential information and also tracks the origins of several products. This is the best cryptocurrency that is known for processing 250 transactions per second efficiently. This is one of the top cryptocurrencies to buy for 2022.

 

7 Polkadot

Polkadot is commonly known as DOT which is a blockchain network of the Parahchain variety. It has several connected blockchains within its own functions allowing all to work together. Polkadot is very much similar to Ethereum in allowing the developers to create smart contracts and build apps. And so it becomes the other best cryptocurrency to invest in in 2022. It also makes the list of top cryptocurrencies in the market.

 

8 Stellar

Stellar is not just limited to lower exchange costs but it is more than that. It is also witnessing rapid growth in the last couple of months. Additionally, it also has the ability to make cross-border payments frictionless that has made it easier for the cryptocurrency to steal the show. It is one of the best cryptocurrencies to invest in in 2022.

 

9 Ripple

With Ripple winning the lawsuit where The Securities and Exchange Commission (SEC) didn’t give permissions to access private documentation of Ripple Labs’ legal status, it has made it to the headlines. Well, that’s not all. Speculation is that Ripple has plans to go public very soon. This is a strong reason as to why it holds the potential to become the next crypto king of 2022. This is the best cryptocurrency to invest in in 2022.

 

10 Cosmos

Cosmos has a clear-cut objective – connecting all the blockchain networks and creating an ‘internet of blockchains’. No wonder it is highly likely that we get to see a spike in its price in the days that lie ahead. And so, this is one of the top cryptocurrencies to buy for 2022.

Share This Article

Do the sharing thingy


Source link

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button