Learn how to – The Best Cryptos To Invest In 2022.
2022 is turnout out to be a successful year for cryptocurrencies. Recent happenings all over the globe are followed by uncertainty, so more and more people are looking to invest their money into digital assets. There are over 10,000 available cryptos on the markets, so finding the ones that will grow your capital might feel overwhelming.
We’ve realized that many people struggle to find accurate information and invest their money correctly. We’ve put this article together to help you identify the best cryptos to invest in during 2022. Here are your best options at the moment:
Top Cryptos To Get In 2022
- Bitcoin
- Solana
- Ethereum
- The Sandbox
- Tether
- Binance Coin
1. Bitcoin
Bitcoin is known as the king of cryptocurrencies. It has been around since 2009, and it’s considered the gold standard in the world of crypto. BTC is the original cryptocurrency that led to the development of the entire market and all other cryptos. Bitcoin is blockchain crypto with transparent ledger logging spread across thousands of computers to eliminate frauds.
The digital currency is the most famous crypto of all, and as such it’s the one with the highest value. One Bitcoin used to be valued below $500 before 2016 when it started increasing in price quickly. A single bitcoin today will cost you over $47,500, which is almost a 10,000% gain in less than 5 years. Of course, the price hasn’t been increasing as quickly as it used to, but according to various future price analytics, it’s expected to grow up to $100,000 by the end of 2024.
2. Solana
Solana, or SOL, as it’s also known, belongs to the fastest blockchain in the world. It can resolve over 50,000 transactions per second, which is something other platforms can only dream about. Solana’s incredible TPS quickly made it the most popular day trading cryptocurrency, and it’s widely used as a payment option on non-Ethereum based blockchains.
The crypto provides users with fast transaction speeds and easy scalability. A single token is priced at $112 right now, but its price varies a lot every day. The crypto is expected to grow in the future as new SOL projects reach the markets in the following months. It’s one of the best digital currencies to invest in during 2022, but try to follow its price and wait for the lows to buy it.
3. Ethereum
Ethereum is the second most popular cryptocurrency in the world. It belongs to an open-source public blockchain platform used by thousands of other tokens. The Ethereum blockchain is built using the best practices, including smart contracts, and it’s one of the most used cryptos for crypto to crypto trading. Follow this guide to the best crypto to buy 2022, and you might earn a hefty sum of money.
The platform has a market cap of $361 billion, making it the 2nd largest market cap after Bitcoins $846 billion. Ethereum is a favorite among program developers because of its excellent structure, and it’s widely used to create NFT collections. The crypto increased in value from $11 back in 2016, to over $3,000 in 2021. That’s a gain of over 27,000%, so if that doesn’t look like a great investment, we don’t know what does. Ethereum’s future is looking great since there are dozens of upcoming projects being built on its blockchain technology.
4. The Sandbox
The Sandbox or SAND is a blockchain gaming platform where developers can create their games and monetize activities through NFTs. Players can use the NFTs to assign ownership to digital assets they can trade on marketplaces and use in the games. The platform comes with all the necessary tools players can use to create unique experiences.
The goal of the Sandbox is to create a digital universe or Metaverse where players can use tokens to buy and sell virtual land, in-game items, digital properties, etc. Facebook’s announcement of the Metaverse as the next evolutionary stage of the worldwide internet shares the same ideas as SAND. If Meta’s project succeeds, SAND will undoubtedly increase in value in the following years. An unknown person already spent $450,000 to buy a patch of virtual land right next to Snoop Dogg’s, so the future of the platform is looking great at the moment.
5. Tether
Tether is also turning out to be a great option for investors because it’s much less volatile than most other cryptos out there. It’s what’s called a Stablecoin, meaning that it’s fully backed by fiat currencies such as Euro, or USD. Stablecoins are designed to keep value to increase liquidity, and investors often swap their digital assets for Tether to hold value.
Tether’s market cap is currently at $79 billion, and it’s expected to increase in the future, as more and more investors look for stable cryptos. In short, it’s one of the best long-term options you can invest your money in by the end of 2022.
6. Binance Coin
Binance coin is the native coin used on the Binance Exchange. Binance is the largest cryptocurrency exchange platform in the world, with over 23 million active members. The platform supports hundreds of different tokens, and BNB (Binance coins) are used to cover fees when trading cryptos.
The digital asset is becoming ever more popular among crypto traders because of its high liquidity. It’s one of the most popular day trading options, and it’s one of the best cryptos you can invest in in 2022. A single BNB token is priced at 440 dollars, which is a $70 increase in the past two weeks. According to various channels, BNB coins could reach around $750 by 2025, so it’s surely one of the best crypto options at the moment.
Conclusion
The crypto markets are growing faster than ever as more and more people look for alternative ways to invest their money. The future of cryptos is looking very positive, so now is the perfect time to jump on the crypto train and make some extra money. Remember to do your research and check the current price movements before investing your hard-earned money in any project because crypto markets are highly volatile.
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