Watch out for the top 10 cryptocurrencies that will deliver amazing returns this January
Cryptocurrencies are trending worldwide. It seems like ages when only a select range of investors was keen on investing in crypto. In present times, there is hardly any person remaining who hasn’t thought about investing in cryptocurrency. With differing degrees of utility, adoption, and promise, the cryptocurrency market has managed to garner attention from every corner of the globe. The attention and popularity that the digital currencies enjoy have surely made investors decipher as to which are the best cryptocurrencies to invest in. On that note, here is the list of the top 10 cryptocurrencies with the best growth potential in Jan 2022.
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Bitcoin
Market cap: Over US$882 billion
As the oldest cryptocurrency, Bitcoin is continuously keeping its place as the first cryptocurrency with the best growth potential in January 2022. Financial institutes as well as other industries have started accepting payments in Bitcoin through crypto-wallets.
Ethereum
Market cap: Over US$447 billion
Ethereum has launched Ethereum 2.0 to be the fastest-growing cryptocurrency in the volatile cryptocurrency market. Ethereum 2.0 is here to solve the remaining problems and concerns of Ethereum to win against multiple competitors and attract crypto investors towards crypto wallets.
Terra
Market cap: Over US$33 billion
Terra is a blockchain protocol that uses fiat-pegged stable coins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.
Polkadot
Market cap: Over US$29 billion
Polkadot is an open-source multichain protocol that connects and secures a network of specialized blockchains. It serves as the network for multiple Blockchains as it facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable with each other. Polkadot was designed to provide a foundation for a decentralized internet of blockchains, also known as Web3.
Bitgert
Market cap: Over US$1 billion
Bitgert is emerging as the fastest-growing cryptocurrency with its powerful Defi or blockchain-based project than the other blockchain exchanges present in the cryptocurrency market. It has considered offering the first-ever gasless blockchain in the financial sector to solve concerns regarding expensive gas issues.
XRP
Market Cap: Over US$39 billion
XRP is one of the shiniest tokens sitting at the top of the altcoin pyramid and has shown an increase of 377% all around the year. Even though it is one of the few tokens that has seen massive growth rates, investors have high hopes for this crypto’s future.
Cardano
Market cap: Over US$44 billion
Cardano is an ‘Ouroboros’ proof-of-stake cryptocurrency that was created with a research-based approach by mathematicians, engineers, and cryptography experts. It is one of the top cryptocurrencies that aims to be the world’s financial operating system by establishing Defi products similar to ETH as well as providing solutions for chain interoperability, legal contract tracing, and voter fraud.
Solana
Market cap: Over US$52 billion
Solana is one of the cryptocurrencies with the best growth potential in January 2022. Solana is known as one of the competitors of Ethereum with the capability of processing over 50,000 transactions per second. It is also known for offering smart contracts to crypto wallets.
Tether
Market cap: Over US$78 billion
Unlike some other forms of cryptocurrency, Tether is a stablecoin, meaning it’s backed by fiat currencies like U.S. dollars and the Euro and hypothetically keeps a value equal to one of those denominations. In theory, this means Tether’s value is supposed to be more consistent than other cryptocurrencies, and it’s favored by investors who are wary of the extreme volatility of other coins.
Binance Coin
Market cap: Over US$86 billion
Binance Coin is maintaining its position as one of the fastest-growing cryptocurrencies in crypto wallets owing to its world-famous Binance Exchange platform. It helps to establish a competitive peer-to-peer cryptocurrency trading business since its launch in 2019. It is gaining popularity for its zero trading fees, multiple payment methods, and escrow service protection.
