Trending Cryptocurrencies To Invest In For 2022
It’s never too late to take interest in investing and going the crypto route can prove to be rewarding and worthwhile when you know how to go about it. Despite there being many options to choose between, you want to opt for cryptocurrencies that are trending and popular right now so you can make the most of your experience.
Sports players usually capitalize on the annual NFL draft to find opportunities and if you happen to be a beginner looking for the best cryptocurrencies in 2022 to make the most opportunities out of, then you definitely want to continue reading this guide for more information.
8 Cryptocurrencies To Invest In
-
Bitcoin
Generally speaking, Bitcoin is the leading cryptocurrency that most inexperienced investors opt for. It’s a rather expensive coin to buy, however, because it remains an underrated cryptocurrency, it’s a lot less volatile despite it being the biggest digital currency asset in terms of market capitalization.
It’s the perfect crypto to invest in if you’re looking to hold it for the long term, and if you’re unable to purchase the entire coin, you can buy a small fraction of the whole Bitcoin unit. This means investors can gain exposure to the coin as beginners without needing to deposit any large amounts of money.
2. Ethereum
Ethereum has remained a worthwhile investment to consider when you’re looking for another top alternative to Bitcoin. It poses a potential risk of its own, however, it does have a reputable track record in being worthy of a good investment with great potential to outpace any other investment when you’re looking in the long run.
With evidently growing numbers in its value from 2016 to now, the coin has seen a tremendous increase in its price creating a great opportunity to make profits of more than 32,000%.
3. ApeCoin
ApeCoin is a gaming coin that was recently launched by the team that runs the Bored Ape Yacht Club. It’s a platform made up of 10,000 unique collectible NFTs offering top altcoins to purchase that are all based on the Ethereum blockchain.
It’s an ERC-20 digital currency with utility features and governance that can make online purchases through Shopping.io which can be processed by Coinbase, the cryptocurrency exchange platform. Plus, you can receive a 2% discount each time you initiate a purchase using the coin making it one of the best cryptocurrencies to buy this year.
4. Binance Coin
Binance remains the world’s largest crypto exchange when you’re looking at its number of users and trading volumes. It has its own native crypto asset, known as the BNB, that investors can use to benefit from paying fewer commissions.
You can use Binance coins for several things like investing, payment processes, as well as booking travel arrangements. You can also exchange it for other cryptocurrency forms like Bitcoin and Ethereum.
5. Uniswap
With Uniswap, users can buy and sell cryptocurrencies without needing a centralized third party thanks to it being home to a leading decentralized exchange platform. Since its recently successful market capitalization of more than $5 billion, it has since expanded its business model to create an online marketplace that complements metaverse and NFTs. This will therefore immerse the investor’s trading experience and help them transact in a decentralized manner.
6. Solana
Solana is an open-source project that uses blockchain technology to offer decentralized finance (DeFi) solutions. Officially launched in March 2020, it’s a native cryptocurrency that oversees and monitors all the transactions that take place on the network.
7. Dogecoin
Dogecoin is another undervalued cryptocurrency worth investing in simply for its upside potential. Even Elon Musk himself made positive mention of it and this helped elevate the meme coin to have it achieve massive returns that continue to reward investors.
8. Cardano
Cardano is a fast-growing blockchain technology cryptocurrency that’s also trending this year since it represents everything an investor needs when they’re looking for something secure and sustainable. It has massive potential to redistribute power from structures that remain unaccountable to the margins and it recently acquired influential attention because of its increasing numbers in proof-of-stake blockchains within the cryptocurrency environment.
With Cardano, there’s a lot of focus on being a blockchain of the present generation enabling smart contracts that intend on encompassing quality control and governance within the supply chain.