By this time we all understood that crypto’s future is bright and has potential, and even though their values are unstable and keep fluctuating in the market, these digital assets might find a way to become an effective means of payment in the nearer future. Investing in crypto can never be a bad option, though it is risky but also extremely profitable in the long run. Crypto is a form of digital asset based on a network that is distributed to a large number of networks, like a peer-to-peer system. This decentralized structure allows them to stay outside the control of govt and central authorities. Another reason why cryptocurrencies are so popular, it is due to their thorough transparency, owing to open source and publicly verified technology. It works in a peer-to-peer network where many computers are connected and working together through blockchain, making it a secure network.
So if you are thinking to invest in digital currencies in 2022, but are confused about which one to buy, then don’t worry friends! We have got your back.
Today we will be sharing with you the best 10 cryptos to invest in 2022.
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1. BITCOIN
Current price: $43,490.94
Market cap: $815.94 B
Bitcoin was created by Satoshi Nakamoto back in the year 2009. Bitcoin, the most popular form of cryptocurrency has risen over four times in a year. In the last 10 days, the price of Bitcoin has risen by nearly $10,000 in the global market. According to experts, BTC is one of the top cryptocurrencies to be bought in 2022 and you can enjoy a large profit out of it.
2. ETHEREUM
Current price: $3318.59
Market cap: $ 395.41 B
Ethereum was founded by Vitalik Buterin which was initially released in the year 2015. Ethereum has real-world application value, i.e, one can use this currency for contracts. ETH has experienced tremendous growth of about 42000% this year. You can definitely buy ETH for huge profits in nearer future.
3. LITECOIN
Current price: $145.68
Market cap: $10.11 B
Litecoin was founded by Charles Lee, a computer scientist. Litecoin has a maximum of 84 million coins which is four times more than Bitcoin. One can definitely think of investing in Litecoin in the upcoming year.
4. BINANCE COIN
Current price: $495.12
Market Cap: $82.54
Binance coin is developed and marketed by Binance exchange. Originally it is based on ETH but now it has its own Binance chain. BNB is used as a utility token to pay for trading fees and transactions at a lower price and can be traded for other forms of cryptocurrencies. One can invest in this in the upcoming year.
5. XRP
Current price: $ 0.7801
Market cap: $ 37.14 B
Released in 2012, it was created by the U.S based technology company Ripple Labs Inc. and was validated by independent severs. XRP can be used to facilitate the exchange of different currencies such as BTC, ETH, and many more. XRP witnessed a spike in November 2022 and is one of the top currencies to buy in 2022.
6. CARDANO
Current price: $ 1.36
Market price: $ 45.66 B
Cardano was founded by Charles Hoskinson. It is well known for its early embrace of proof-of-stake validation. ADA has grown over 7,850% this year and is also expected to grow next year. One can invest in ADA in 2022
7. POLKADOT
Current Price: $28.06
Market Cap: $27.73 B
Polkadot was founded by Dr. Gavin Wood in the year 2020 only. It allows diverse blockchains to transfer messages including value. It has grown about 1,300% until November. And is one of the top cryptocurrencies to buy in 2022.
8. DOGECOIN
Current Price: $0.1825
Market Cap: $24.19 B
Though Dogecoin was created as a joke initially, it has gained a lot of attention these days. It was created by Jackson Palmar and was initially released in the year 2013. It has become a prominent cryptocurrency option. It has witnessed a spike of about 110,000% increases in 2021. Elon Musk hails Dogecoin as “people’s crypto”.
Crypto FAQs
Does Elon Mask own bitcoin?
Tesla CEO Elon Musk personally owns bitcoin.
Most profitable cryptocurrency?
Bitcoin is the most profitable cryptocurrency as per December 2021
Can I be rich my buying digital currency?
Though it is a very fluctuating market, one can grow their money in the long run.
Conclusion
So guys we have shared with you the top 10 cryptocurrencies to invest in 2022. Hope you find this read helpful.
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