Many of you have been asking me, What cryptocurrency to invest in 2021-2022?
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.
Just two quick things before we begin.
-First I’m not qualified to help you with anything related to finance this Article is just educational purpose.
-Second I hold the cryptocurrencies I’ll be discussing.
- 1 What cryptocurrency to invest in 2021-2022?
What cryptocurrency to invest in 2021-2022?
1 Why invest in Ehereum?
Has gone through the roof recently surpassed Bitcoin in daily active wallet dresses. Ethereum have a much higher chance to achieve its upside potential and this is for many reasons, but starters ERP recently went live on the ethereum blockchain, as part of the London upgrade could turn into a deflationary asset with enough network activity since a portion of every transaction fee is now burned and basic economics dictate, if the supply of something decreases while the demand for it stays the same, or even increases the result is an increase in price.
2 Cardano the price is mostly the same?
Cardano have much more room to grow and this is for many reasons, the status ADA (Cardano) have maintained its bullish momentum against all odds, and held up strong despite the recent downturn still in a very visible up Trend. This is because cardon’s best days are still ahead of it its long awaited smart contract update that are going to see the price rise. Ada has also seen a significant degree of interest from institutional investors who see cardano’s peer reviewed proof of stake protocol, as a more environmentally friendly alternative to proof of work. Although ada is unlikely to see an ETF anytime soon, it is waiting to get its own greyscale trust, as per the filings made in January this year.
Solana is in fifth place on the top cryptocurrencies list with a market cap exceeding US$62 billion. The Solana protocol is designe 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 cryptocurrency to invest, as it has seen its highs having reached its all-time high of about US$260 in early November. 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.
4 Why is Polygon?
Is simply the preferred layer two scaling solution for ETH. It’s fast it’s cheap and it’s compatible with anything made from Ethereum. Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system. Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on security. This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc, but with at least three major upsides:
-able to fully benefit from Ethereum’s network effects, It is inherently more secure ,more open and powerful.
Helium emerges as a blockchain-based project with the same use case and a different approach.
Helium is described as a blockchain-based network for IoT devices that uses nodes as Hotspots to connect wireless devices to the network. The native token HNT powers the network and serves as a payout whenever Hotspots transfer connection data across the network. As the need for the Internet of Things is growing exponentially with the development of technology, Helium becomes an ever more relevant project.
Interested in Helium (HNT), but not sure what it’s all about or where to even begin? No worries. This guide is designed to teach you everything you need to know about the project and get you ready to jump into the most user-friendly trading experience available on the market.
6 Avalanche (AVAX)
The network of the AVAX consists of the X-Chain, P-Chain, and C-Chain. This cryptocurrency is unique because it 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.
7 Uniswap (UNI)
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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