Best Crypto To Invest In 2022

Cryptocurrency remains a volatile market, and prices change very frequently. Even if you look at just the most well-known ‘coins’, like Bitcoin and Ether, constant changes in their value have been frequent. Hence, it becomes difficult to choose anyone crypto to invest in.

With almost 16,000 digital assets in circulation, knowing the best crypto to invest in can be challenging. Ultimately, more and more cryptocurrency investors are looking to catch that next big thing with the hope of generating huge returns. In this article, we explore the top cryptocurrencies to buy in 2022.

Top 10 Best Crypto To Invest Money In 2022

Ethereum (ETH)

Ethereum (ETH) is the first in our list of the best crypto to invest in. It’s a decentralised blockchain platform that lets you create and run smart contracts and decentralised apps. It generates smart contracts that execute themselves when specific criteria are met—ether, the platform’s proprietary cryptographic token, powers all the applications of Ethereum.

Ethereum’s consensus method was changed from proof of work (PoW) to proof-of-stake (PoS) in December 2020. (PoS). This approach enables Ethereum’s network to run with considerably less energy and faster transaction speeds, resulting in a deflationary economic climate. This security feature has made it the best crypto to invest in 2022.

Tether (USDT)

Tether (USDT) was the first and most widely used of a class of cryptocurrencies known as stablecoins. By tying its market value to a currency or other external reference point, Tether tries to smooth out pricing volatility to entice users who might otherwise be wary. The price of Tether is closely linked to the cost of the US dollar.

The technology enables users to make more efficient transfers from other cryptocurrencies to US dollars. Tether is a platform that makes fiat currency digitally simple using blockchain technology. It treats itself as “a blockchain-enabled platform…to make it easier to utilise fiat currency digitally.” By March 2022, it will acquire the topmost position in the best crypto to invest in 2022.

Binance Coin (BNB)

Binance Coin is a utility coin that acts as a payment option for Binance Exchange trading costs. It is the fourth-largest cryptocurrency in terms of market capitalisation. Those that pay for the exchange using the token can trade at a discounted rate.

It is one of the most popular exchanges based on transaction volumes. Binance Coin was first issued on the Ethereum network as an ERC-20 token, and on the mainnet, it was ultimately launched. The network uses a PoS consensus paradigm.

Dogecoin (DOGE)

People consider Dogecoin (DOGE) as the “meme coin.” This social media chaos caused a stir in 2021 as the coin price skyrocketed. The coin uses an image of the Shiba Inu as its avatar. It is also accepted as a form of payment by some major companies. SpaceX, an American aerospace firm owned by Elon Musk, is one of these companies.

Dogecoin was founded in 2013 by two software programmers, Billy Markus and Jackson Palmer. The coin was allegedly established as a joke in response to the cryptocurrency market’s wild speculation by Markus and Palmer. This coin’s price has been steadily rising, making it the best crypto to invest in this year.

Decentraland

MANA is the native coin of Decentraland, an Ethereum-based virtual reality network. Decentraland is a virtual environment where players can construct real-world structures such as homes and casinos and live as if they were in the actual world. Virtual reality and blockchain technology are combined in this project. The MANA token is used to buy LAND and a virtual currency in Decentraland.

The platform has grown from a simple 2D experiment to a massive 3D universe since its inception in 2016. Estaban Ordano and Ari Meilich, the creators of Decentraland, have created a virtual area with digital real estate parcels, products, and other programmable assets. These tokens are kept in users’ crypto wallets.

Cardano (ADA)

Cardano (ADA) is an “Ouroboros proof-of-stake” cryptocurrency developed by engineers, mathematicians, and cryptography professionals using a research-based approach. One of Ethereum’s five original founding members, Charles Hoskinson, was the project’s co-founder. Cardano’s blockchain was established after thorough testing by the Cardano team.

Cardano leads its PoS counterparts and other cryptocurrencies due to extensive research. Because its blockchain is supposed to be capable of more, Cardano has been branded the “Ethereum killer.” As of March 2022, Cardano has the seventh-largest market capitalisation, making it the best crypto to invest in for the long term.

Bitcoin Cash (BCH)

Bitcoin Cash (BCH) is a cryptocurrency that has a significant history in the world of altcoins. In 2022, it is one of the finest long-term crypto investments. It’s also one of the original Bitcoin’s most successful hard forks. As a result of conflicts and discussions between developers and miners, the bitcoin industry splits, and BCH was born in August 2017.

The question of scalability was at the heart of the argument that led to the invention of BCH. Block sizes on the Bitcoin network are limited to 1 megabyte (MB). The block size in BCH has been increased from 1MB to 8MB, with the concept that larger blocks can accommodate more transactions. Consequently, increasing its transaction speed.

Polkadot (DOT)

Polkadot (DOT) is a one-of-a-kind Proof-of-Stake cryptocurrency that allows other blockchains to communicate. Its technology connects permissioned and permissionless blockchains so that systems can collaborate under one roof. Polkadot’s fundamental component is its relay chain, which allows different networks to communicate with one other.

Polkadot differs from Ethereum in that instead of merely constructing dApps; developers can also establish their blockchain. At the same time, they can take advantage of Polkadot’s existing security, and Polkadot’s notion of shared security makes it the best crypto to invest in in 2022.

Polygon (MATIC)

Polygon is a cryptocurrency, and it has the symbol MATIC and is a technology platform for connecting and scaling blockchain networks. In 2017, Matic Network debuted Polygon, dubbed “Ethereum’s internet of blockchains.” The Polygon platform can increase a blockchain project’s flexibility, scalability, and sovereignty while maintaining security.

MATIC is an Ethereum-based digital currency that is compatible with other ERC-20 tokens. The Polygon network is governed and secured by MATIC tokens, paying transaction fees. Polygon employs a modified proof-of-stake consensus process to keep the platform running smoothly.

Sandbox

The Sandbox is a virtual gaming platform in the Ethereum blockchain where users may create, own, and monetise their gaming experiences. SAND is a significant part of The Sandbox platform, and it was first released on the Binance trading platform in August 2020. The Sandbox’s transactions are serviced by SAND, an ERC-20 utility token established on the Ethereum network.

Gamers can build ASSETS on Voxedit and import and sell them on the Marketplace as NFTs. Build Games with the Game Maker and monetise games and interactive experiences with the Game Maker using your LANDS. The fun within it and its increasing popularity make it the topmost contender among the best crypto to invest in.

Conclusion

The field of cryptocurrencies is constantly expanding. Though Bitcoin is usually regarded as the first cryptocurrency, analysts use various methods to evaluate tokens other than BTC. The analysts rank the coins relative to one another in terms of market capitalisation. You, too, can check this before choosing the best crypto to invest in.