There are thousands of different cryptocurrencies, ranging from Bitcoin and Ethereum to Dogecoin and Tether, making it difficult to get started in the world of crypto. Cryptocurrencies can also be used in the crypto casinos.
If you want to acquire cryptocurrencies in 2022, what should you do? Don’t worry if you’re having trouble investing in cryptocurrencies. Finding the finest cryptocurrencies to invest in can be difficult, so have a look at this list of the top 10 cryptocurrencies given below.
Here is the list of top 10 cryptocurrencies to invest in for 2022:
The greatest cryptos to invest in 2022 are Ethereum and Bitcoin. The Ethereum blockchain is used in the majority of the cryptocurrencies discussed in this article. This appears to be the case for nearly all of the meme currencies and metaverse projects we encountered today. As a result, if you want to invest in the crypto market, Ethereum should be examined.
Analysts believe that the value of Ethereum (ETH) has a lot of space for an increase in the future and that investing in Ethereum is a wise long-term investment. As a result, while Ethereum is currently undervalued, it may be advantageous to purchase and retain digital assets.
Another top crypto to invest in 2022 is ApeCoin. The gaming coin was launched in 2022 by the team behind Bored Ape Yacht Club. It’s a platform made up of 10,000 non-fungible tokens (NFTs). This coin offers some of the best altcoins to buy.
ApeCoin is an ERC-20 cryptocurrency with governance and utility features. This top cryptos’ price was around $6.40 when it was first launched in early 2022. Within hours, APE prices were trading for approximately $42 per token. At the time of writing, the coin’s price is about 55% below this figure.
Bitcoin is the de facto crypto to buy if you’re a newbie. Bitcoin may be the most undervalued crypto to buy today if you’re just getting started in the crypto asset industry. This is because the most popular cryptocurrency is much less volatile. After all, BTC is the most valuable cryptocurrency in terms of market capitalization and can be used in some of the best bitcoin casino.
In terms of cost and value, Bitcoin has been trapped in a holding pattern throughout the first few months of 2022, fluctuating between pricing levels of around $27,000 and $34,000.
With that in mind, Bitcoin price predictions estimate that by the end of 2022, BTC will have surpassed $74,000. So, if you’re wanting to acquire and hold cryptos for a long time, Bitcoin might be a good option.
Binance Coin (BNB)
BNB is another cryptocurrency to keep an eye on in 2022. In terms of trading volume and number of users, Binance is the largest cryptocurrency exchange in the world. The crypto exchange also has its native cryptocurrency, BNB, which allows users to pay lower commissions on their trade.
Binance coins can be used for a variety of purposes, including investing, payment processing, and travel booking. It can also be traded for other cryptocurrencies like Ethereum or Bitcoin. BNB is also the digital token that powers the Binance Smart Chain, which houses several low-value crypto tokens.
Uniswap is the next best cryptocurrency to consider. Uniswap is most known for its famous decentralized exchange, which allows users to purchase and sell digital currencies without the need for a third-party intermediary. As a result of its popularity, Uniswap now has a market valuation of $5.70 billion as of early 2022.
Uniswap has since expanded its business model by launching an online marketplace that integrates NFTs with the metaverse. Not only will this immerse the crypto trading experience, but it will also allow buyers and sellers to transact in a decentralized manner by delivering its marketplace over the Uniswap network.
Solana is a working open-source project that makes use of the permissionless aspect of blockchain technology to create decentralized financial (DeFi) solutions. Although the Solana project was conceived five years ago, it was not officially launched until March 2020. SOL is the Network’s native coin that supervises all transactions.
Solana is one of the most popular cryptocurrencies, with its price increasing dramatically over the previous year. The coin’s price has been steadily rising to new all-time highs, attracting the interest of investors all around the world. You would have made nearly 410000 percent on a $100 investment in Solana when it was first released in 2020 when it was selling at $0.78.
For upside potential in 2022, Dogecoin is the best-undervalued cryptocurrency to invest in. Last year, it was one of the most popular cryptocurrencies to purchase. After all, Elon Musk frequently tweeted about it in a good light, assisting the meme coin in achieving massive returns. Is Dogecoin, on the other hand, a wise investment in 2022? To give you a better idea, Dogecoin was only worth $0.002 at the start of 2021.
In May of the following year, Dogecoin reached new highs of roughly $0.76 per coin, a gain of more than 19,000 percent in just five months. However, Dogecoin’s price has since fallen precipitously, reaching a 52-week low of $0.13.
Cardano is another popular cryptocurrency to invest in this year. This cryptocurrency is a popular and rapidly growing blockchain technology that stands for a safe and long-lasting blockchain with ground-breaking applications. Cardano can transfer power away from unaccountable systems to the periphery.
Its native cryptocurrency, ADA, has recently gotten a lot of attention as one of the several proof-of-stake blockchains that are being built in the crypto world. The Cardano project describes its system as a third-generation blockchain order to facilitate intelligent contracts with future applications in quality control and supply chain governance.
Terra was one of the top ten cryptocurrencies to invest in 2022. (LUNA). Among the most well-known blockchain projects is this one. Terra aspires to be the driving force behind price-stable global payments. It’s a blockchain technology for exchanging stablecoins, which are then used to power a variety of cryptocurrencies and financial apps.
Terra is a next-generation stablecoin technology that uses variable issuance to keep the price of its US Dollar-pegged token stable.
Terra is based on Cosmos rather than Ethereum, unlike most DeFi protocols. Cosmos does, after all, have some practical advantages over Ethereum, such as speedier transactions and lower transaction costs. Terra might be a highly portable alternative if you invest in it. Those that bought in early and waited until just a few weeks ago must have made a killing.
Avalanche is the tenth and last on our list of the best cryptocurrencies to invest in. Avalanche is a decentralized application platform with an open, programmable intelligent contracts framework.
Decentralized applications (DApps) and custom blockchain networks can use the platform as a layer one blockchain. It performs similarly to Ethereum in terms of functionality. It does, however, have distinct features and traits that distinguish it as a viable cryptocurrency platform.
Avalanche, like other Ethereum competitors, wants to be the most popular blockchain for smart contracts. When compared to older blockchains like Bitcoin and Ethereum, it offers much better scalability. It has various benefits, including a larger transaction output of up to 6500 transactions per second (tps) without sacrificing scalability.