5 Best cryptocurrency to invest in 2022

Best cryptocurrency

1 Bitcoin (BTC) {world’s 1st cryptocurrency}

Cryptocurrency

 Cryptocurrency Market cap: Over $882 billion

BTC (Bitcoin) is the world’s first cryptocurrency, created in 2009 under Satoshi Nakamoto’s pseudonym. In common with many other cryptocurrencies, Bitcoin runs on a blockchain or a network of thousands of computers recording transactions. By solving a cryptographic puzzle to verify new entries in the distributed ledgers, Bitcoin keeps its security and safety from fraudulent activities.

Due to its popularity, Bitcoin’s price has skyrocketed. Back in May 2016, Bitcoin cost $500. One Bitcoin cost over $46,000 on Jan. 3, 2022. An increase of over 9,200%.

2 Ethereum (ETH)

Cryptocurrency
MORGANTOWN, WV – 31 DECEMBER 2017: Ethereum or ether coin lying on top of similar golden coins to illustrate cybercurrencies

Market cap: Over $447 billion

Ethereum combines the features of a cryptocurrency and a blockchain platform, making it a very popular choice for programmers because of the diverse applications it may have, including smart contracts that automatically execute when certain conditions are met and non-fungible tokens (NFT).

Also, Ethereum has grown tremendously. As of January 2022, it cost more than $3,700, an increase of over 33,500% from April 2016 to January 2022.

3 Binance Coin (BNB)

Cryptocurrency

Market cap: Over $86 billion

Binance Coins are a form of cryptocurrency used to trade. Since its launch in 2017, Binance Coin has expanded past merely facilitating trades on Binance’s exchange platform. 

The system is now capable of trading, processing payments, and even booking trips. You can also exchange it for other cryptocurrencies, such as Bitcoin or Ethereum. Its price was just $0.10 at the end of 2017. It rose to $520 by Jan. 3, 2022; that’s a gain of 520,000%.

4 Tether (USDT)

Cryptocurrency

Market cap: Over $78 billion

The Tether stablecoin differs from some other cryptocurrencies in that it’s backed by fiat currencies such as U.S. dollars and Euros and therefore maintains a value equal to those currencies.

Therefore, Tether supposed to have a more consistent value than other cryptocurrencies, making it appealing to investors who are wary of the extreme volatility of other coins.

5 Solana (SOL)

Cryptocurrency

Market cap: Over $52 billion

Solana uses a hybrid proof-of-stake and proof-of-history mechanism to help process transactions quickly and securely, serving as the basis for scaling decentralized finance (DeFi), decentralized apps (DApps), and smart contracts. 

SOL, Solana’sSolana’s native token, powers the Solana platform.

The price of SOL started at $0.77 on Jan. 3, 2020. The price was $171 on Jan. 3, 2022, increasing more than 22,000%.

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