It is the beginning of 2022, and now is the perfect time to invest in cryptocurrencies. There are thousands of crypto coins in the market but selecting the best one depends on the project's ability to grow this year. This list has some of the best cryptocurrencies of 2022 based on a number of factors as discussed below:
Bitgert might be the next big thing in the crypto industry mainly because of the kind of disruption the project is expected to bring in 2022. Bitgert is developing one of the biggest DeFi projects that include a powerful global payment system. The 2022 roadmap includes the launch of major products that make Bitgert the best crypto of 2022
Brise crypto exchange and the Bitgert zero-gas-fee blockchain are launching this year, with the exchange launching in Q1. There is no other gas-less blockchain in the market, and this is why Bitgert will be the next big thing in 2022, as millions of users will be joining upon the blockchain launch. The Bitgert website has more info on this project.
The Centcex project design to make token investors rich is one of the biggest reasons why thousands are buying this token today. The Centcex team is developing a project that has unmatched token utility. The project will be producing an unlimited number of blockchain-based products or dApps that will be running in the Centcex ecosystem.
The products will be developed by the Centcex lab, which gets funding from a 3% tax on all transactions. With the Centcex staking reward of 100% APY of revenue generated by the products, the project is attracting many investors. Among the products already in development is a faster, cheaper, and no-KYC cryptocurrency exchange. Visit the Centcex website for more info.
Bitcoin is one of the cryptocurrencies that investors should keep an eye on and also consider investing in this year. It is one of the coins projected to grow big and fast in 2022 because of a number of factors. First is the huge Bitcoin community that can turn things around for the better. The other reason is the growing utility of Bitcoin, as more businesses might accept Bitcoin payments for goods and services in 2022.
Bitcoin is also growing as the best alternative to gold and has been eating into the gold share. The other reason why BTC might be the best crypto of 2022 is the expected increase in the number of countries accepting Bitcoin as legal tender. These are just some reasons why BTC might hit $100,000 in 2022.
Ethereum might be the biggest thing in the cryptocurrency industry in 2022. The 2022 price prediction now stands at $8,000 by the end of this year. The biggest reason why the crypto community believes Eth might grow by over 100% is the ongoing Ethereum 2.0 upgrades. Already, the second phase of the upgrade has been launched.
The third and last phase might launch in 2022. The upgrade of the Ethereum protocol will make the network faster, cheaper, secure, and improve user experience. These are currently the biggest shortcoming of the Ethereum network, and being addressed will bring more users. This is how Ethereum might explode in 2022.
The Shiba Inu 2021 explosion will be difficult to forget unless the coin breaks its previous record. The Crypto community still believes Shiba is not done yet and could be the biggest crypto project in 2022. The improvement on the Shiba network and adding more products are some of the developments that might make Shiba Inu explode again in 2022.
The team is launching the widely anticipated Doggy DAO that gives voting rights to the community. The DAO is also eradicating the influence whales had on this cryptocurrency. The team is also adding more products on the network to the $SHIB token more utility. These are developments projected to make Shiba Inu attractive in 2022.
Despite the recent price drop, Dogecoin appears to be picking up very well, and as projected at the start of the year, this is one of the cryptocurrencies to watch. There is so much going on behind this open-source digital currency. The team behind Dogecoin right now is expected to make this cryptocurrency big.
The re-launched Dogecoin Foundation has injected more confidence in Dogecoin. The team of advisors, including Vitalik Buterin and Elon Musk, has also increased the confidence in this coin. Recently. This is where Dogecoin & Elon Musk relationship can be seen. The Dogecoin & Elon Musk relationship is working great as the latter has been commenting more on this cryptocurrency lately. It is one of the crypto projects of 2022 to watch.
There are several key reasons why Binance Coin might be the biggest crypto in 2022. The undeniable fact is that Binance Coin is one of the coins in high demand due to the fast-growing demand for the Binance blockchain. The fast-increasing number of tokens traded on the Binance exchange is growing the demand for BNB.
There are also many new projects on the Binance Smart Contract over the last few years, and this might continue in 2022. Recently Binance exchange added an NFT marketplace, which is adding more token utility. With all these factors put together, there is a huge possibility of the Binance coin being bullish in 2022.
Before buying a cryptocurrency, do thorough research on the project. Cryptocurrencies in this list have an impeccable reputation in the industry. But more research is recommended before investing.
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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.