As the world knows that the crypto market is thriving for the last few years, cryptocurrencies have a huge potential for growth in the future. Bitcoin, being one of the most popular cryptocurrencies is recognized and trusted by almost everyone. But moderate earners always look for affordable cryptocurrencies. Since the crypto market is highly volatile— prices may drop or rise at any point in time, investors are highly interested to invest their valuable time and money in affordable cryptocurrencies to avoid some serious consequences for their digital wallets. This article features the top 10 cryptocurrencies for moderate earners in 2022.
Cardano is one of the best cryptocurrencies for moderate earners in 2022 owing to its flexible network as well as the sufficient speed of transactions. The USPs of this cryptocurrency are scalability, sustainability, and interoperability. Investors can observe that this cryptocurrency price has increased owing to the low transaction fee, ability to develop smart contracts, and many other recent updates. Thus, it is one of the cheapest and most profitable cryptocurrencies available in the crypto market for investors.
Crypto investors have started preferring Tether as the affordable cryptocurrency to buy in 2022 owing to its reputation as a stablecoin. It helps to convert cash into digital currency in a digital wallet by tethering the value to the price of the US dollar, the Euro, and the Chinese Yuan. It is 100% backed up by the Tether reserves and every token of this cryptocurrency is one-to-one pegged to the dollar.
The famous entrepreneur, Elon Musk, has popularized this cryptocurrency known as Dogecoin since its emergence in the cryptocurrency market. But, Elon Musk is the Dogecoin influencer— his cryptic tweets control the sudden rise and drop of this cryptocurrency price. It was unexpected for investors to consider Dogecoin as a serious cryptocurrency while being a meme coin. It is one of the best crypto currencies for moderate earners in 2022.
Polygon is a decentralized application built on the Ethereum network as a way to expand Ethereum into a multi-chain system. Backed by Coinbase and Binance cryptocurrency exchanges, Polygon could be the solution developers need to deploy decentralized applications faster, more efficiently and less expensively, Benzinga noted, calling MATIC the most promising "layer two" token — that is, one built on an existing blockchain.
VeChain is attracting the eyes of investors as a cheap cryptocurrency in the highly volatile cryptocurrency market. Investors need to follow one strategy to gain profit in the nearby future— let the digital asset liquidate the last weak holders to maintain the clarity of price structure efficiently. Blockchain technology is known as the VeChain Thor Blockchain to transfer value across the cryptocurrency network.
Solana is one of the top cheap crypto currencies that offers a web-scale blockchain with faster, secure, and DApps. The system of this cryptocurrency provides the utmost support to 50,000 transactions per second as well as 400ms block times for investors. It is also capable to support approximately 710,000 transactions per second on a standard gigabit network while 28.4 million transactions per second on a 40-gigabit network.
Shiba Inu is another meme cryptocurrency that is also one of the biggest rivals of Dogecoin. Despite its whimsical beginnings, SHIB has managed to gather a growing and faithful community, which is also one of its biggest selling points. The community has also created an NFT project around SHIB that has enabled it to gain more attraction from investors.
NEAR Protocol is a layer-one blockchain designed to be a community-operated cloud computing platform with faster transaction speeds, better output, and increased interoperability compared to competing blockchains. It is one of the best cryptocurrencies for moderate earners in 2022.
XRP is one of the best affordable cryptocurrencies to invest in the digital wallet and is known as the best digital asset for global payments. It offers financial institutions the fastest and most reliable option for sourcing liquidity on demand. Investors are getting attracted to XRP because it is open-source and permissionless with blockchain technology to complete transactions in three to five seconds.
Decentraland is the token behind an Ethereum blockchain-based virtual reality game by the same name. Crypto has been described as a 3D virtual world where users buy land to develop and monetize content, buy goods and services and visit other properties.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.