10 OF THE BEST CRYPTOCURRENCIES TO INVEST IN 2022
1. Bitcoin
Bitcoin is the oldest and largest cryptocurrency in the world. Launched in 2009, even in 2022, the impact of this cryptocurrency is stronger than ever. As its price action still has a significant impact on other markets. This is one of the best cryptocurrencies that will reach new heights in the coming year. Bitcoin is worth buying if you are looking to invest in cryptocurrencies for the long term.
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2. Ethereum
Ethereum is another extremely popular cryptocurrency, second only to Bitcoin in terms of market capitalization. Everything is ready for the launch of Ethereum 2.0, which will solve the biggest problem Ethereum is currently facing, which is transaction speed. Crypto investors are confident in this cryptocurrency. Ethereum is one of the best cryptocurrencies in 2022.
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3. Binance Coin
Binance Coin was launched by Binance Exchange in 2017, and this particular cryptocurrency is traded using the BNB symbol. BNB is used as a utility token to pay transaction fees and transactions at a lower price. It can trade and exchange other cryptocurrencies like Ethereum or Bitcoin. Fully poised to reach new heights throughout 2022.
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4. Tether
As you know, the crypto market is volatile, but unlike other top cryptocurrencies, Tether is a stable coin that is backed by fiat currencies like USD and EUR and assumes its value is equal to one of those denominations. Crypto investors are confident in this cryptocurrency, making it one of the best picks for 2022.
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5. Solana
Solana was launched in April 2019 as a project focused on the permissionless nature of blockchain to provide decentralized finance (Defi) solutions such as payment processing, smart contracts, stablecoins, peer-to-peer lending services, and more. The project aims to facilitate the creation of decentralized applications (DApps) and uses a hybrid approach to verify transactions through Proof of History (PoH) and Proof of Stake (PoS) models.
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6.Polygon
Polygon is a platform designed to solve many of the problems facing the Ethereum blockchain while still providing Defi solutions. That is, the platform hopes to create an “Internet of Blockchains for Ethereum” by connecting Ethereum-compatible blockchain networks and aggregating scalable solutions on Ethereum.
7. Hedera
Solana was launched in April 2019 as a project focused on the permissionless nature of blockchain to provide decentralized finance (Defi) solutions such as payment processing, smart contracts, stablecoins, peer-to-peer lending services, and more. The project aims to facilitate the creation of decentralized applications (DApps) and uses a hybrid approach to verify transactions through Proof of History (PoH) and Proof of Stake (PoS) models.
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8. Ripple
Ripple is a blockchain-based digital payment network and protocol, where XRP is the native cryptocurrency token. Ripple transactions are well known for their lower energy consumption and shorter confirmation times compared to Bitcoin. Ripple is one of the best cryptocurrencies to invest in 2022 and beyond.
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9. USD Coin
1USD Coin (known by its ticker symbol USDC) is a stablecoin pegged 1:1 to the U.S. dollar. Every unit of cryptocurrency in circulation has $1 as a reserve, including cash and short-term U.S. Treasury bonds. The central consortium behind the asset said USDC is issued by a regulated financial institution. USD Coin is one of the best cryptocurrency bets you can try
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10.Tether
Terra is a blockchain protocol that uses stable coins pegged to fiat currencies to power a price-stable global payment system. According to its white paper, Terra combines the price stability and widespread adoption of fiat currencies with the censorship resistance of Bitcoin (BTC) and offers fast and affordable settlements. Terra is one of the best cryptocurrencies to invest in in 2022 and beyond.
