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The best cryptocurrency to buy today is one with the potential to grow big in 2022. That's the only way return on the investment will be guaranteed. There are a number of cryptocurrencies to watch right now, and these could be the fastest-growing crypto of 2022.
For the last few years, many Ethereum users have complained about the slow speed and the high cost of gas. The Safety of the network has also been an issue. But 2022 is the year when most of the Ethereum 2.0 protocol upgrade will complete, with the second phase (Phase 1) already ongoing. The last phase might also start in 2020.
Ethereum protocol upgrade brings PoS and shard chain technology to address the current network shortcomings. The scalability, security, and high transaction costs will be solved by Ethereum 2.0 protocol upgrade.
The Ethereum team is also adding more utility to the network, and all these factors might make ETH the fastest-growing cryptocurrency of 2022.
There are many reasons why Bitcoin might be the fastest-growing cryptocurrency in 2022. Apart from being the largest crypto coin by market value, Bitcoin is also one of the coins that will create a big demand in the market. This means the coin might grow fast as the demand rises.
More businesses are expected to adopt Bitcoin as one of the currencies for paying goods and services. There could also be more countries that might accept Bitcoin as a legal tender, as El Salvador did in 2021.
In addition to that, there might be more people buying Bitcoin for value storage instead of gold. These are some of the reasons why Bitcoin might be the fastest-growing cryptocurrency in 2022.
Shiba Inu is still one of the hottest crypto coins in the market today. The coin might have plunged in Q4 2021, but there is huge potential of rebounding and even breaking the previous ATH. The Shiba Inu is starting the year with more decentralization of the coin by launching Doggy DAO.
The DAO is giving the Shiba community more control over the crypto. The increasing utility of the SHIBA, BONE, and LEASH might make the coin more attractive. $BONE is now the gas token for the Shibarium blockchain.
There are more products expected to do will like the SHIBOSHIS NFTs, that will make Shiba Inu more than just a meme coin. All these factors combined might make Shiba the fastest-growing crypto of 2022.
The most disruptive crypto project will make it big in 2022, and Bitgert falls in this category. The Bitgert team is developing a powerful decentralized financial system that is a payment system. The team is also constructing an entire ecosystem, including exchange and a blockchain.
The Brise exchange is coming out in Q1, but it will be a centralized exchange. On the blockchain, then Bitgert has a unique product. It will be a zero gas fee blockchain. There is no such blockchain in the industry, and thus Bitgert will be the only one.
With the gas fee being a big concern and Bitgert blockchain charging zero fees on all transactions, it might attract millions of users. That's Bitgert might be the fastest-growing crypto of 2022. Read more on the Bitgert website.
There are a number of things that might make Centcex one of the fastest-growing crypto of 2021. One of them is the attractive project utility the team is offering. As the Centcex website says, the platform will be developing an unlimited number of products. The Centcex lab will be funded by 3% of every transaction to ensure the constant development of products.
The Centcex exchange is one of the products the team is developing. The no-KYC exchange will be a game-changer with its fast and lower transactions. But it is the Centcex staking that might attract a lot of investors to join this coin.
The Centcex platform is giving 100% APY on staking rewards, which is attracting many investors. With the expected huge number of products coming up, Centcex is one of the crypto that might grow fast in 2022.
A lot is happening around Dogecoin in 2022 that might make this coin explode. Dogecoin is a peer-to-peer currency that is increasingly growing popular as a payment currency. Already, the coin is doing more than just making payments via the internet.
The development of Dogecoin under the guide of Vitalik Buterin, as one of the advisors, is already exciting the crypto community. With Elon Musk as one of the advisors, he is making the coin popular. Elon Musk has also been commenting positively about Dogecoin.
The massive marketing the Dogecoin is getting, and the upcoming products are the reason why the coin might be the fastest-growing crypto of 2022.
The biggest reason Polygon has grown big since 2019 is addressing Ethereum scaling problems. It is a Layer 2 scaling solution that has transformed the Ethereum network into a multi-chain system. The platform offers fast and lower transaction costs, and that's why many dApp on the Eth network are migrating to Polygon.
With the Ethereum scaling and high gas fee issues persisting, Polygon will remain one of the most popular smart contract platforms for thousands of decentralized applications. The Polygon team is also improving the contract to make the platform more attractive. This is how Polygon might be the fastest-growing crypto of 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.
