Best Cryptocurrency to Invest in 2022

Best cryptocurrency to invest in 2022
In a market with close to 20,000 cryptocurrencies, it can be difficult to determine which one is the best investment. However, by looking at factors such as market capitalization and price parity with the dollar, you can get a better idea of which coins are worth investing in. After careful consideration and analysis, we have compiled a list of what we believe to be the 10 best crypto worth to invest in today. We hope that this will help you arrive at a decision and make the best cryptocurrency investment choice possible.
The cryptocurrency market has been constantly evolving since its inception, with new sectors emerging within the blockchain technology in recent years. This includes sectors such as DeFi, the metaverse, and the booming NFT marketplaces.In the past, investors who wanted to diversify their cryptocurrency investment portfolios beyond Bitcoin had relatively few options, such as Ethereum, Shiba Inu, and XRP. These were the clear front runners at the time. However, the list of altcoins with the potential for significant returns has grown considerably.

 

So, what are the best new cryptocurrency assets to buy in 2022? And how do Obviously, no one can say for sure what the future holds for the cryptocurrency market. However, the following altcoins are considered to be good investment choices based on current market conditions.

Best Cryptocurrency to invest in 2022:

 

  • Ethereum
  • The Sandbox
  • Filecoin
  • AAVE
  • Shiba Inu
  • Binance Coin
  • Solana
  • Decentraland
  • Ripple XRP

What follows is a list of the top altcoins that we think have the potential to perform well in the coming years. We’ve included tokens representing the major sub-sectors of the crypto market, such as DeFi, meme coin, and metaverse projects. Whilst we don’t suggest that you go out and invest in all–or any–of these tokens, if you’re looking to build your crypto portfolio in the next few years, then any of the following are worth considering.

 

Ethereum:

Ethereum is forecasted to be the best Altcoin to purchase in 2022 and beyond. Despite recent critiques concerning the project’s high GAS fees and overloaded network, Ethereum continues to lead the pack in smart blockchain technology, hosting more DeFi swap, meme coins, and cutting-edge projects than any of its competitors. It can be said that the success of other leading projects built on the Ethereum blockchain network will have a positive impact on Ether’s price.There is no doubt that Ethereum has lost some ground to newer, more nimble cryptocurrencies in recent years. However, it remains the second largest cryptocurrency by market capitalization and the leading altcoin. Its importance is likely to grow in the coming year as the much-anticipated Ethereum 2.0 upgrade finally comes to fruition. This upgrade has the potential to put Ethereum back at the cutting edge of blockchain technology. Additionally, Ether is still required to participate in many of the world’s leading Decentralized Finance (DeFi) protocols, making it an essential coin for any serious cryptocurrency investor in 2022.

The Sandbox:

One of the best cryptocurrency to invest in 2022 is Sandbox crypto. Metaverse is expected to be one of the buzzwords for blockchain technology and mainstream tech in the coming years and The Sandbox is one of the most intriguing projects in the space. Metaverse refers to an immersive 3D environment. Whilst these have existed for a few years, they are expected to become increasingly more important in the new future.The Sandbox is a virtual reality world in which users can build, interact, create and trade. It is similar to mainstream games like Minecraft, but the possibilities in The Sandbox are more or less limitless. Users can build marketplaces, develop their own games and create in-game buildings and venues without high-level coding knowledge. If the concept of metaverse takes off, then buying SAND in 2022 could be a smart move.

Filecoin:

Filecoin is an altcoin that could be worth investing in for 2022. With more and more businesses conducting their operations online, the demand for storage space has increased dramatically. Presently, Amazon Web Services holds a large share of the market. However, Filecoin is seeking to change this by providing a more efficient and affordable storage option that utilizes blockchain technology. If web 3.0 starts to move towards increased blockchain usage, then Filecoin could become the leading platform for cloud storage.Filecoin is a decentralized storage marketplace that allows users to rent out unused storage resources. Those providing space are rewarded with the platform’s native token, FIL. Realistically, demand for storage space is only going to increase and consumers will naturally gravitate toward the cheapest solution. For this reason, Filecoin could be one of the best altcoins to buy in 2022.

Aave:

Aave is one of the most promising projects in the DeFi space and is worth considering as an investment this year. With an estimated $10.4 billion in value locked into its protocol, it is second only to Maker in terms of overall value. Operating on the Polygon blockchain, Aave is a lending platform that many industry analysts believe has great potential for growth.
The DeFi industry is highly competitive, but Aave’s recent launch of the Lens protocol could help boost its profile and lead to mainstream adoption of DeFi. Aave has the advantage of being one of the simpler DeFi platforms to use, which could make it more appealing to a mainstream audience.

Shiba Inu:

Whilst meme coin token may not be to every investor’s taste, Shiba Inu seems to be establishing itself as a legit DeFi system. It may have launched as a rival to Dogecoin, following in the tradition of dog-themed branding and a focus on building an online community. However, Shiba Inu has continually expanded its offering and now offers a much more complete ecosystem than its predecessor.Shiba Inu has a comprehensive staking program that offers additional tokens (LEASH and BONE) as rewards. There is also Shiba Swap, a decentralised exchange, and an artist incubator to promote the use of blockchain amongst developers and digital artists. This comprehensive package appears to be gaining popularity over Dogecoin, which is currently the most popular meme coin.

Binance Coin:

Binance Coin is a major player in the cryptocurrency world, always appearing in the top tokens by market cap alongside Ethereum and Bitcoin. The native token of the Binance Exchange, BNB, has a strong use case and the exchange itself is one of the largest and most popular in the world. This ensures that BNB is always likely to be a top runner in the cryptocurrency market.
Since the launch of the Binance Smart Chain, the cryptocurrency landscape has shifted significantly. The Binance Smart Chain is widely considered to be one of the most advanced blockchains on the market, with faster transaction rates and lower fees than Ethereum. This has appeal to developers, and as a result, a number of leading DeFi swap projects have been built on BSC. Binance Coin is considered to be one of the strongest altcoins, with a solid use case and few drawbacks in comparison to other leading tokens.

Solana:

One of the best crypto that is worth watching in 2022 is Solana. It was created back in 2017 but remained in development for several years, only launching properly in 2020. It was immediately touted as an ‘Ethereum Killer’ thanks to its significantly faster transaction speeds and lower fees. Initially, the project didn’t garner a great deal of attention, despite its impressive performance statistics. However, over the course of the last year or so, Solana has seen meteoric price rises that have established it as a top-tier cryptocurrency.
The Proof-of-History consensus mechanism used by Solana is one of the key features that sets it apart from other systems. This system reduces the amount of information that validators have to work with by using timestamps on transactions, rather than each validator having to work through the entire block, as is the case with traditional proof-of-stake consensus systems. Proof-of-History allows Solana to post at much faster speeds, potentially processing up to 65,000 transactions per second.

Decentraland:

Decentraland is a virtual 3D world that allows users to purchase plots of land delivered in the form of NFTs. With these plots, they can build houses, gardens, and landmarks. However, Decentraland is more than just a SimCity-type game. Users can also develop programs within the virtual environment, such as games, businesses, and apps. Additionally, digital artists can publish their work in Decentraland, potentially exhibiting it in a museum they have built for that purpose.
Decentraland is a premium real estate investment, especially in popular neighbourhoods. Last year, a single plot was sold for the equivalent of $2.4 million. Decentraland is a good addition to any forward-thinking portfolio because of the current focus on metaverse concepts. Both Facebook and Microsoft have been investing significant resources into developing their own metaverses, but Decentraland is already operational and has virtually limitless potential.

Ripple XRP:

The Ripple XRP project has been identified as one of the best crypto to invest in 2022. This is due to its arguable one of the best use cases of any other altcoin. Many others are more ambitious, however, they are often speculating on the future of e-commerce. Ripple, while not disregarding the future, meets a need that is relevant right now–the need for cheaper cross-border payments. This has earned it the nickname ‘the bankers’ crypto’ as it aims to compete with the existing standard for cross-border remittance–SWIFT.
While SWIFT is a well-known method for international currency transfers, it can be costly and time-consuming. Other methods also require banks and financial institutions to have holdings in many different denominations. However, by using its native cryptocurrency, XRP, as a medium for exchange, Ripple can offer much faster completion rates at a fraction of the cost. It’s widely speculated that Ripple’s legal tussles with the SEC could be coming to an end in the very near future, which could have a positive impact on XRP’s value.

 

Best Cryptocurrency to invest in 2022 – Honorable Mentions

When constructing an investment portfolio, it is important to consider diversification. This means investing in a variety of different projects in order to spread out your risk. Our list of the best altcoins to buy in 2022 includes a number of different blockchain projects in order to promote diversification. However, it is important to remember that no one can predict the future, and there are many other potential investments out there. For example, other tokens that show a great deal of potential include Cardano and Aave. These tokens could easily be swapped out for altcoins operating in the same space.

  • Sushi
  • Swap
  • Tron
  • Cardano
  • Maker
  • Axie Infinity
We would encourage potential investors to conduct further research on the tokens mentioned today in order to identify which ones may have qualities that would be a good fit for your portfolio.

 

Conclusion

In this article, we present the top best cryptocurrency list that we believe are worth investing in for the year 2022. We selected digital asset list based on various criteria, including the project’s use case,market cap, its current standing in the cryptocurrency market, and its potential to generate significant returns. We believe that all of these tokens have the potential to be part of a successful investment strategy.We noted early on that, whilst altcoin projects exhibit some of the most advanced blockchain technology and have the very real potential to revolutionise industries from finance to gaming, it’s never a good idea to count out Bitcoin. It remains the market leader and the token against which all others are measured. As such, BTC should be seen as an essential part of any investors portfolio.It is difficult to predict which cryptocurrencies will emerge as leaders in their respective fields in 2022.However, our list of the best cryptocurrency to buy in 2022 includes some of the leading tokens on the crypto market and any one of them has its place in a diversified cryptocurrency portfolio.As we have mentioned, this list is not exhaustive by any means. With thousands of tokens in existence, any one of them could see their value soar in the coming years. Therefore, we advise potential investors to conduct their own appraisal of the cryptocurrency market, specifically the top twenty cryptocurrencies by market capitalization, and get an idea for what else is out there.

 

Where to buy Best Crypto of 2022?

If you are new to the cryptocurrency market and looking to expand your portfolio beyond Bitcoin, there are a few things you need to have in place before you can start acquiring altcoins. Firstly, you will need a wallet to store your tokens. There are numerous options to consider here and not every wallet can store every token.
Once you have a wallet set up, the next thing you will need to do is find a place to buy and sell cryptocurrencies.
Opening an account with a regulated exchange is a simple process that only takes a few minutes. By doing so, you will gain access to the platform and be able to select from a wide range of altcoins from all over the world. This makes it the perfect place to start building your investment portfolio.

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