Cryptocurrencies are decentralized digital assets, meaning they function anonymously without relying on banks. They are also not regulated by the central government. You can send or receive digital currencies from any part of the world. Cryptocurrency popularity has increased significantly over the past few years. A recent study estimated that Bitcoin will have over 1 billion users by the end of 2025. This clearly shows that digital currency is the future. But with so many cryptos on the market, it is normal to be confused on which crypto to invest in. Fortunately, today have landed in the right place. In this article, we will discuss the best crypto 2022.
1. Bitcoin (BTC)
Bitcoin is the top and the first-ever digital currency on the market. Like other digital currencies, Bitcoin runs on a blockchain ledger. Bitcoin is the undisputed champion and is currently the largest and the fastest-growing digital currency with a market cap of more than $641 billion. Bitcoin has high liquidity, thus a great investment for people who want good returns within a short time. Unlike stocks that are quite hard to trade, Bitcoin is incredibly easy to trade and its return is great. Cryptocurrency experts are predicting that Bitcoin will increase to up to $250,000 by the end of 2022. Investing in Bitcoin is a smart choice for those who want to reap big in 2022. As of July 2021, the market price of Bitcoin was $32,000. So, if experts prediction comes true, you can imagine how much return you will get if you invest in Bitcoin.
Altcoins 2022
Let’s talk about altcoins 2022 below:
2. Ethereum
Ethereum is one of the best crypto 2022. Since its launch, Ethereum’s popularity has been on the rise, thanks to its stability. Ethereum has its own Cryptocurrency known as ether (ETH) that can be used to buy goods, send or receive money, and power any products on the Ethereum network. ETH was the first crypto to use technologies such as smart contracts, ERC-20 Tokens, smart contracts, and Dapps. Ethereum is also a great investment because it allows staking. You can stake your ETH holding and earn money even while sleeping. And when Ethereum 2.0 which is currently under development is fully implemented, Ethereum will be unstoppable and could replace Bitcoin as the top Cryptocurrency.
3. Polkadot
Polkadot is a Cryptocurrency Platform that connects various blockchains allowing them to work in sync. This Cryptocurrency allows designers to build smart contracts and apps. Transferring assets on Polkadot is incredibly easy, thanks to its interoperability. Polkadot is a great Ethereum competitor and many programmers are switching to it because it is much safer. It also allows developers to build their own blockchain. Polkadot relay chains and parachains that allow Dapps to communicate with other networks on the blockchain. Parachains runs transaction on their own thus reducing strain on the network. The current market price of Polkadot is 13.77 but experts predict that the price of Polkadot will rise to $108 by mid-2022, making it great best crypto 2022.
4. Binance Coin
Binance Coin is one of the best altcoins to invest in 2022. Since its launch, its popularity has been on a steady rise. Its increased popularity is mainly attributed to its ease of use and great features. Binance coin is one of the few cryptocurrencies that can be used for paying fees and trading. This digital currency can also be traded for other digital currencies such as Ethereum and Bitcoin. You can also use Binance coin to pay for goods and services on the Binance smart chain. Binance is among the best performing cryptocurrencies in the market with a market cap of more than $51.08. It is also secure and has a wide range of applications thus worth investing in 2022. The current market price of Binance is $309 but experts predict that its price will go up to $593 in 2022.
5. Uniswap
Uniswap is the 4th largest Cryptocurrency exchange. This decentralized platform is built on Ethereum and it allows the exchange of ERC-20 tokens via smart contracts. One of the reasons why Uniswap is very popular is that it allows uses to add taken without paying a fee as is the case with other similar platforms. This makes it easy for investors to access and trade other digital currencies. Uniswap also allows investors to have full control of their personal wallets. This means that your hard-earned money will be safe if your exchange is hacked. Uniswap was launched in 2020 with a starting price of 0.48, However, experts predict that its price will reach $24.60 by 2022.