Cryptocurrencies had a huge year in 2021. Cryptocurrencies are the latest investments that most of us are looking towards these days. Since the crypto market is highly volatile, investments may face ups and downs too. To help you invest better in cryptocurrencies, Analytics Insight is here with the top cryptocurrencies to buy in 2022. These top cryptocurrencies are the best for investing to gain great profits in the coming years.
Bitcoin leads the crypto market by listing it as one of the top cryptocurrencies to buy and invest in 2022. It has been the top cryptocurrency that runs on a blockchain, or a ledger logging traction distributed across a network of thousands of computers. BTC promises lower fees than traditional payment methods and is operated by a decentralized system as it's not backed by a government or any commodity. The most unique advantage of cryptocurrency is the fact that it is the first and best cryptocurrency to invest in and appear on the crypto market.
Ethereum is a decentralized open-source blockchain system that features its cryptocurrency called Ether. ETH works as a platform for other top cryptocurrencies too for executing decentralized smart contracts. Experts predict that it is going to surpass Bitcoin too. So it is definitely the top cryptocurrencies to buy and invest in 2022 and also one of the top cryptocurrency to buy and hold now.
The live value of SHIB INU price is about US$0.000050 with a 24-hour trading volume of US$5,810,904,619. Shiba Inu is a meme-coin sensation that has grabbed public attention in 2021. This cryptocurrency is valued at fractions of a cent that rallied to an all-time high in late October hitting the market cap of nearly up to US$40 billion. That dog was a Shiba Inu, and this dog-inspired millions of people across the world to invest money into tokens with the dog's image on them. This is one of the top cryptocurrencies to buy for 2022.
Solana is in fifth place on the top cryptocurrencies list with a market cap exceeding US$62 billion. The Solana protocol is designed to facilitate decentralized app creation that is capable of improving scalability by introducing a proof-of-history consensus combined with the underlying proof-of-stake consensus of the blockchain. This is the best cryptocurrency to invest in 2021 as it has seen its highs having reached its all-time high of about US$260 in early November, and now trades just north of US$200. SOL is the native token of the Solana blockchain network that continues to grow its presence in the crypto market in 2022 too. This is definitely one of the top cryptocurrencies to buy in 2022.
The live price of Cardano is about US$1.59 with a 25-hours trading volume of about US$1,752,812,888. This cryptocurrency is a proof-of-stake blockchain platform that has a goal to allow changemakers and visionaries to bring about positive global change. The ADA token was developed to ensure that wonders can participate in the operations of the network in the crypto market. It is one of the top cryptocurrencies to buy and hold in 2022.
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. The network of the AVAX consists of the X-Chain, P-Chain, and C-Chain. This cryptocurrency is unique because it attempts to solve the blockchain trilemma, which posits that blockchains cannot achieve a degree of decentralization at scale. At the beginning of 2021, it was traded at north of US$3 but by November it had hit its all-time high making up to US$116 with a market cap exceeding US$26 billion. This is also one of the top cryptocurrencies to buy in 2022.
Uniswap is a candidate for the next crypto to blow in 2022 due to its large part in increasing interest in DeFi. The live price today of UNI is about US$20.08 with a 24-hour trading volume of US$193,168,657. This cryptocurrency is a popular decentralized trading protocol most widely known for its role in facilitating the automated trading of decentralized finance tokens. It is one of the top cryptocurrencies to buy now that will be on-demand 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.