ADVERTISEMENT

cryptocurrency

10 Best Cryptocurrencies to Buy in 2022

ADVERTISEMENT

Written by admin

Cryptocurrencies are popular nowadays, especially among speculative investors. What was previously an unpopular investment is now at the forefront and center of the current financial revolution. Many top national and international media institutions keep monitoring the day-to-day changes in cryptocurrency and other cryptocurrencies. Among the most well-known currencies, Bitcoin is a trusted and recognizable currency by nearly everyone. However, new investors are always searching for low-cost and inexpensive cryptos to place their bets on. Be aware that the cryptocurrency market is highly unpredictable; many investors are reluctant to take a risk for the first time. Therefore, in this post, we’ve identified the most affordable cryptocurrency with enormous potential that investors could buy in 2022.


XRP


Current Price: US$0.6488

ADVERTISEMENT

XRP is an open-source cryptocurrency that utilizes an open-source distributed ledger known as the XRP ledger. It is Ripple’s currency, an enterprise-level blockchain company that allows for worldwide transactions. The company’s creators assert that XRP was designed to be a payment system and that it can process transactions faster than many other cryptocurrencies effectively and securely.


Cardano


Current Price: US$0.8438

Cardano is a cryptocurrency based on research created by mathematicians, engineers, and experts in cryptography. It is decentralized and open-sourced, with consensus achieved via proof-of-stake. It is also able to facilitate peer-to-peer transactions using its ADA token.


Polkadot


Current Price: US$17.09

Based on the creators, the DOT token is used for three primary functions:

  • Ensuring the governance of the network
  • Running this network
  • Developing parachains by gluing Polkadot tokens

The cryptocurrency has risen by around 468% over the last year and is one of the cheapest cryptos with huge potential to grow in 2022.


Dogecoin


Current Price: US$0.1421

Dogecoin was created as an amusing joke but soon became a reality for those who profit from it. The current DOFE cost is approximately 4889% more than when it was first introduced in the new year. With its growth and affordability, DOGE can be an excellent career choice. This season, DOGE gained prominence following Musk’s tweet that assured him of his support for DOGE, which allowed DOGE to make real money.


Shiba Inu


Current Price: US$0.00002349

Shiba Inu is another popular meme cryptocurrency and is one of the most formidable competitors to Dogecoin. Despite its snarky beginnings, SHIB has attracted a loyal and growing community, which is one of its major selling points. SHIB’s community has also developed an NFT project in SHIB which has allowed SHIB to attract more attention from investors.


Avalanche


Current Price: US$70.65

Avalanche is an Ethereum competitor that allows decentralized applications and the development of custom blockchains within its platform. In addition, recently, AVAX has reached a record value, surpassing several other major cryptocurrencies. While it was being launched in 2020, Avalanche has demonstrated great potential to expand.


Terra


Current Price: US$89.34

Terra is among the newest cryptos getting attention because of its recent achievements. Like Avalanche, Terra jumped over many cryptos in just one day and achieved a place in the top cryptos for an insignificant amount of time. The experts believe that the recent announcement in the Columbus-5 upgrade, which is a protocol upgrade into the IBC standard, which opens Terra in the Cosmos ecosystem, and the rise in Defi applications, have triggered the recent increase in the cryptocurrency.


Polygon


Current Price: US$1.27

Polygon Matica is a framework and protocol for connecting and building blockchains that are Ethereum-compatible and aggregating flexible solutions based on Ethereum’s support ecosystem. Polygon creators have expanded their vision and scope by re-designing their platform, incorporating metaverse concepts, and integrating them into the MATIC Plasma chain.


VeChain


Current Price: US$0.05216

VeChain is the cryptocurrency on the VeChain Thor blockchain and is considered the best option for investors looking to invest in inexpensive but still promising cryptocurrencies. VeChain helps manage supply chains, as well as different business procedures.


Decentraland


Current Price: US$1.86

Decentraland is the token’s name that powers the Ethereum virtual reality game based on blockchain with that same title. Crypto is described as a 3D virtual world where players buy land and then monetize their content, purchase items and services, and visit other sites.


ADVERTISEMENT

About the author

admin

Leave a Comment