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The Cryptocurrency market is trending at present and investors are taking interest in it. You won’t believe the market capitalization of crypto reached $3 trillion briefly by the end of 2021. Virtual currencies like Ethereum and Bitcoin alone captures more than half of the market. So, it’s high time and if you invest in such cryptocurrencies, you can make a good profit out of it. These are the 5 best Cryptocurrency to invest in 2022.
Top Cryptocurrency To Buy
5. Cardano (ADA)
It’s a proof-of-stake blockchain platform that facilitates peer-to-peer transactions using its internal Cryptocurrency. It was founded by Charles Hoskinson in 2015. From 2017 to 2021, it has made its position near Ethereum. Ethereum limitations are overcome by Cardano. It is sometimes called ‘Ethereum Killers.’
Taking about the transaction speed, Cardano per second speed is higher than Ethereum and Bitcoin. It can handle 1 million transactions/sec in the future as per experts.
From February 2020 to December 2021, the price of Cardano has increased drastically. It is predicted, that this Cryptocurrency will lead in the market soon.
Cardano costs $1.32 dated 29/12/2021.
4. Solana (SOL)
It is a public blockchain platform that works on a proof of stake (POS) mechanism. Being the fastest, its value changed immensely from 2020 to 2021. It is interesting to know 48 million transactions are already made within Solana.
It’s also a low-cost & energy-efficient Cryptocurrency that can outshine Ethereum very soon. The future of Solana is bright as it can adopt NFTs, Defi, and other decentralized app functionality.
Solana cost $176 dated 29/12/2021.
3. Binance Coin (BNB)
This Cryptocurrency gets issued by Binance exchange & trade. BNB is entirely based on the Ethereum network. Being the largest trading Cryptocurrency, investors trade it on daily basis. The average daily volume touched 2.0bn with 1 million-plus transaction per second.
From 2017 to 2021, a lot of changes occurred in Binance Coin (BNB). It can boost the operation as per the crypto experts. This makes it an ideal choice for the 2022 investment.
Binance Coin costs $500 dated 29/12/2021.
2. Ethereum (ETH)
Ethereum is an open-source decentralized blockchain that comes with smart contract functionality. Vitalik Buterin was the founder of Ethereum. It is at 2nd position after Bitcoin when comes to market capitalization.
The main purpose of Ethereum is to provide scam prevention and security and keep the blockchain network secured. Some of the applications of Ethereum include Defi (Decentralized Finance), NFTs (Non-Fungible Tokens), and smart contracts.
Ethereum costs $3800 dated 29/12/2021.
1. Bitcoin (BTC)
It's the no.1 decentralized digital currency that operates without any single administrator or central bank. This makes peer-to-peer transactions on the network immediate and secure. Surprisingly, you won’t find any investor that doesn’t want Bitcoin to add to his/her portfolio. This is enough to tell how much value this Cryptocurrency holds alone over the other cryptocurrencies in the market.
Bitcoin peaked by 72% in the past 52 weeks and was once traded for $60k. Despite touching its all-time-low after the news regarding crypto regulation, it’s still a nice one to invest in.
Bitcoin costs $47k dated 29/12/2021.
These are the 5 best Cryptocurrency to invest in 2022.