The rise in cryptocurrencies is inevitable in the cryptocurrency market. Cryptocurrencies in 2022 have immense potential to thrive even more than 2021. Crypto investors are highly interested in the existing cryptocurrencies as well as the newly emerging ones to invest in their digital wallets. Though the market is known for its high volatility, extensive research and observation can help to drive profit in the nearby future. Let's explore the top ten cryptocurrencies with best growth potential in 2022.
The most popular cryptocurrency in the global cryptocurrency market, Bitcoin, has shown a major sign of rebounding after experiencing a massive drop from the all-time high of US$68K. Multiple companies in different sectors across the world have opened payment systems with Bitcoin. It has even attracted the interests of governments whereas El Salvador is set to build a Bitcoin City in the nearby future. The exposure to Bitcoin has instigated crypto investors to realize that Bitcoin has the best growth potential in 2022.
Crypto investors are expecting that Ethereum is set to take over Bitcoin in the nearby future in the cryptocurrency market. Digital wallets will be full of Ethereum tokens as it is a smart contract blockchain providing a reliable decentralized ambience. It has become the host to multiple marketplaces for trading and lending crypto assets. Ethereum is releasing its next versions like Ethereum 2.0 in the market for more efficient services to crypto investors.
Dogecoin is one of the cryptocurrencies with best potential in 2022 with an expectation of hitting US$0.9. Elon Musk is there as a crypto investor as well as crypto influencer to control this price in the cryptocurrency market. This cryptocurrency in 2022 can show a potential to overtake Bitcoin in the future. The position in the cryptocurrency rank always is under top ten in 2021. There is a massive community of Dogecoin loyal crypto investors to boost the level up in the nearby future. Though Dogecoin is a memecoin but it has earned popularity in digital wallets.
Binance Coin is one of the largest cryptocurrency exchanges and altcoin crypto exchanges in the world by volume. This is compatible with any smart device and lets crypto investors start trading safely with convenience. Binance Coin is set to have a great potential in 2022 with 2.0 billion average daily volume and more than 1,400,000 transactions per seconds. It offers a lot of different products in this exchange platform that are beneficial for crypto investors in the nearby future.
Polkadot is a popular cryptocurrency with best potential in 2022 for its decentralized Web 3.0 blockchain interoperability platform. Crypto investors will gain the ability to interoperate with a wide range of blockchains in the Polkadot network with the economic and transactional scalability. The novel data availability and validity scheme enables chains to interact with each other with independence. The cryptocurrency in 2022 will serve three important purposes such as governance over the network, staking and bonding.
Solana is known as a high-performance blockchain with proof-of-stake and proof-of-history. It helps to create seamless crypto apps with block explorer, network performance, and stake distribution. It holds around 2,292 transactions per seconds with an average cost per transaction is US$0.00025. Crypto investors can gain access to more than 400 projects with DeFi, NFTs, Web3 and many more. Thus, it is one of the rising cryptocurrencies in 2022.
Cardano has the eyes of crypto investors for being one of the top cryptocurrencies with great potential in 2022. It has a market capitalization of US$55 billion in 2021 with a good climb up the ladder of the cryptocurrency market. 2022 is a make-or-break year of this cryptocurrency with its trading around US$1.60.
Recently this memecoin or cryptocurrency has recorded a 23% gain in 24 hours in the last week of November 2021. It has surpassed one million users with one million digital wallets in this cryptocurrency market. Crypto investors are highly interested in Shiba Inu with a contribution from tweets of Elon Musk. It has successfully managed to take over Dogecoin for a few days. Half of the cryptocurrency coins are locked in a liquidity pool on Uniswap with an initiative in the NFT leading the price surge in 2021. It is expected to hit US$0.000219 in 2022 with good flexibility.
MarketMove is one of the top cryptocurrencies with best potential in 2022 for its issue with AI-driven contract audits. This cryptocurrency in 2022 is set to introduce different features from the rules of decentralized exchange for attracting the eyes of crypto investors. The initial supply of MarketMove was one trillion and is known for hyper-deflationary. It is observed that this cryptocurrency is worth holding for long-term crypto investors in their digital wallets.
inSureDeFi is well-known for the world's first insurance ecosystem to protect crypto investors from scams, frauds, and devaluations. Crypto investors are instigated to buy this token to apply for insurance in the nearby future and the token is enabled after seven days post-purchase in digital wallets. The more demand for insurance protection, the more will be the demand-supply quantities. Thus, this is one of the top cryptocurrencies with best potential in 2022.
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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.