2022 Top Cryptocurrency: Top cryptocurrencies to invest in 2022

Are you planning to buy cryptocurrencies in 2022? Want to stay ahead of crypto trends and updates? If you find it challenging to invest in cryptocurrency, fear not! Finding the best cryptocurrency investments can be confusing, so you should read this complete guide on the top 10 cryptocurrencies to invest in for 2022.

Best cryptocurrencies to invest in 2022

Below is a quick overview of the top cryptocurrencies to invest in or buy this year.

>>>Buy Cryptos Now

Virtual currencies are highly volatile. Your capital is at risk.

A closer look at the top cryptocurrencies to invest in this year

So, are you also looking for the next cryptocurrencies to invest in for 2022? Do you wonder: “should I invest in Ethereum or ApeCoin?” or “should I buy meme cryptos?” Or maybe you’ve invested in some, and now you have no idea what to invest in next?

There are a lot of options out there. It can get pretty hard. Especially when many altcoins are attempting to do similar things or have plans so vast, it will take decades for them to be fully conceptualised.

And to make things worse, the crypto industry is constantly changing. Investors’ interests change, infrastructure changes; a coin can be top-rated one day and disappear the next.

The projects listed above represent the best cryptos to buy, thanks to their mainstream appeal and potential for value increases. Let’s dive in and explore each of these cryptocurrencies individually so that you can gain a deeper understanding of why they are considered prize assets.

1. Ethereum (ETH)

Ethereum is the number one choice of the
best cryptos to invest in 2022. Most cryptocurrency projects analysed in this article are built on the Ethereum blockchain. This seems to be the case with virtually most of the meme coins and metaverse projects that we came across today – so Ethereum should also be considered if you wish to invest in the crypto market.

If you are ready to invest in Ethereum for the end goal, Ether has proved to be a good investment despite the potential risk. It has the potential to outpace any other investment in the long run.

Ethereum has also experienced a massive hike in its price. From 2016 to the early of 2022, its price went from about $10 to over $3,550, increasing more than 32,000%.

Analysts estimate that the value of Ethereum (ETH) has plenty of room for growth ahead, and investing in Ethereum is a good decision for the long-term. Therefore, it could be good to buy and hold Ethereum while the digital asset is currently undervalued.

2. ApeCoin

Another top crypto to invest in 2022 is ApeCoin. The gaming coin was launched in 2022 by the team behind Bored Ape Yacht Club. It’s a platform made up of 10,000 non-fungible tokens (NFTs). This coin offers some of the best altcoins to buy.

ApeCoin is an ERC-20 cryptocurrency with governance and utility features. This top cryptos’ price was around $6.40 when it was first launched in early 2022. Within hours, APE prices were trading for approximately $42 per token. At the time of writing, the coin’s price is about 55% below this figure.

To explain what the ApeCoin project does, it was developed as a Metaverse crypto project. The crypto can be used for making online purchases via Shopping.io. This allows users to access products from eBay, HomeDepot, Amazon, Walmart, and more. Crypto exchange Coinbase processes payments. Interestingly, ApeCoin users receive a 2% discount when making online purchases with this coin.

ApeCoin is one of the best cryptos to buy, according to most ApeCoin price predictions. You could also diversify by adding it to your portfolio.

3
. Bitcoin (BTC)

Bitcoin is overall the de facto choice crypto to buy as a beginner. Have you wondered if you can buy Bitcoin despite its high price? If you’re just starting in the crypto asset space for the first time – Bitcoin could be the most undervalued crypto to buy today. This is because the leading crypto is a lot less volatile. After all, BTC is the biggest crypto asset in market capitalisation.

In terms of price and valuation, Bitcoin has been stuck in a consolation period over the first few months of 2022 – sitting between pricing levels of approximately $27,000 – $34,000. With that said, according to Bitcoin price predictions, BTC is expected to reach above $74,000 by the end of 2022. So if you’re looking to buy and hold cryptos for the long term, you might consider investing in Bitcoin.

Another essential benefit of buying Bitcoin is that the leading digital currency can be fractionated. This means that you can buy just a small fraction of one Bitcoin unit.

For example, if Bitcoin was priced at $30,000 and you decided to invest $30 – you would be purchasing 0.1% of one coin. This is ideal for those looking to gain exposure to Bitcoin for the first time without depositing large amounts of money.

Virtual currencies are highly volatile. Your capital is at risk.


4. Binance Coin (BNB)

Another crypto to add to your watchlist in 2022 is BNB. Binance is the world’s largest cryptocurrency exchange regarding trading volumes and several users. The crypto exchange also has its native crypto asset – BNB, which allows users of its exchange to benefit from paying less commissions.

Binance coins can be used for investing, payment processing and booking travel arrangements. It can also be exchanged for other forms of cryptocurrency assets, such as Ethereum or Bitcoin. BNB is also the digital token used to support the Binance Smart Chain, which is home to a range of undervalued crypto tokens.

With that said, the price of the Binance Coin has taken a beating in recent months like the rest of the major crypto coins. The token has already dropped below the $410 mark several times in 2022, representing a discounted purchase price of over 45%.

5. Uniswap

The following top crypto to consider is Uniswap. Primarily, Uniswap is home to a popular decentralized exchange that allows users to buy and sell digital currencies without requiring a centralized third party. This popularity has since resulted in Uniswap surpassing a market capitalization of $5.70 billion as of early 2022.

With that said, Uniswap has since expanded its business model by creating an online marketplace in conjunction with the NFTs and metaverse. Not only will this immerse the cryptos trading experience, but by offering its marketplace via the Uniswap network, buyers and sellers will be able to transact in a decentralized manner.

According to Uniswap price predictions, the coin is expected to reach $18 per token in 2022. With that said, the token now represents a discounted purchase price of over 60%.

Virtual currencies are highly volatile. Your capital is at risk.

6. Solana (SOL)

Solana is a functional open-source project that utilises blockchain technology’s permissionless nature to provide decentralised finance (DeFi) solutions. Although the idea behind the Solana project began five years ago, the official launch of Solana was in March 2020. SOL is the native cryptocurrency that oversees all transactions on the Network.

Solana is one of the hottest crypto tokens rising rapidly over the last year. The price of the coin has been continually reaching new all-time highs, gaining the attention of investors worldwide. If you had invested $100 in Solana when it launched in 2020, when it was trading at $0.78, you would have made over 410000% return.

According to Solana price prediction and forecast, the SOL coin is expected to increase by over 440% in 2022 and reach above $450 per token.

7. Dogecoin

Dogecoin is the best-undervalued crypto to invest in 2022 for upside potential. It was one of the most popular cryptos to buy last year. After all, Elon Musk often tweeted about it positively, which helped the meme coin achieve huge returns. But is Dogecoin a good investment in 2022? To explain more, at the start of 2021, Dogecoin was trading for just $0.002.

Fast forward to May 2021 of the same year, Dogecoin hit new highs of nearly $0.76 per coin, achieving gains of over 19,000% in a matter of five months. However, the price of Dogecoin has since taken a significant downturn, with its price hitting a 52-week low of just $0.13.

However, as a long term investment, the Dogecoin price predictions estimate the meme coin will reach above $1 by December 2022. And with that being said, if you believe in this project, investing in Dogecoin now at a considerable discount could give you a tremendous return given the upside potential.

8. Cardano (ADA)

Another top crypto to invest in this year is Cardano. This crypto is a popular, fast-growing blockchain technology that stands for secure and sustainable blockchain with ground-breaking use cases. Cardano can redistribute power from unaccountable structures to the margins.

Its native cryptocurrency ADA has recently acquired expanded attention as one of many proof-of-stake blockchains under construction in the crypto environment.

The Cardano project defines its protocol as a blockchain of the third generation intended to enable intelligent contracts with future applications of quality control and governance of the supply chain.

Investing in Cardano in 2022 is a wise choice because it is a very open and inviting environment that works the same for all. There are no barriers when it comes to trading and initially entering. All one needs to go into this market is some sort of deposit, and one is good to go within a short period.

Many experts suggest that the Cardano coin will bloom in the coming years, and so will the entire crypto world. The digitisation of money could have a massive impact on the market; hence, it’s only right that crypto coins such as Cardano could rise in power.

Virtual currencies are highly volatile. Your capital is at risk.

9. Terra

One of the top 10 cryptocurrencies to invest in 2022 was Terra (LUNA). The project is famous among the leading blockchain projects. Terra seeks to power price-stable global payments. It is primarily a blockchain protocol designed specifically for transferring stablecoins, using them to power a range of cryptocurrencies and financial apps.

Terra is considered a next-generation stablecoin protocol that maintains the price of its US Dollar-pegged token price by variable issuance.

Unlike most DeFi protocols, Terra is built on Cosmos rather than Ethereum. Of course, Cosmos is known to have some operational benefits over Ethereum, including faster transactions and lower transaction fees.

Investing in Terra can be a very portable option. Those who invested in the early days and waited until a few weeks ago must have made fortunes.

For instance, from January 2021, when its price was below $1, to the end of March 2022, Terra has risen over 16,700% to $108.

The price of Terra declined significantly in May 2022 due to the inflation of the LUNA supply coins in the market. The coin is expected to be stabled, and it could bring growth back. At the moment, it is a good investment option as per Terra price predictions; the coin is expected to increase by over 300% in 2022.


10. Avalanche (AVAX)


The final project to consider from our list of the 10 top cryptocurrencies to invest in is Avalanche. Avalanche is an open, programmable intelligent contracts platform for decentralized applications. We can also describe the platform as a layer one blockchain for decentralized applications (DApps) and custom blockchain networks. In terms of functions, it is similar to Ethereum. However, it has unique features and characteristics that make it a unique and valuable cryptocurrency platform.

Like other Ethereum rivals, Avalanche aims to become the number one blockchain for smart contracts. It provides significantly improved scalability, especially compared to old blockchains like Bitcoin and Ethereum. It offers several advantages, including a higher transaction output of up to 6500 tps, without compromising scalability.

But do all these good features translate to a good investment? In other words, should you invest in Avalanche AVAX?

Investing in Avalanche can be highly profitable. Many have made huge profits by investing in AVAX. For instance, from July 2020 to April 2022, the price of AVAX has risen more than 2,200%, from $4.13 to $98.58.

>>>Buy Cryptos Now

Virtual currencies are highly volatile. Your capital is at risk.

Best Crypto to invest in 2022

Although you might be looking to invest in cryptocurrency and the future of the NFTs and Metaverse, you should invest with caution. This is because many market commentators argue that this innovative industry is likely to be dominated by few players.

With this in mind, if you’re looking for the best crypto investment in 2022, you might want to consider projects like Ethereum or Solana.

If you’re wondering where to buy the best crypto coins today with a large market capitalization, there are some of the best crypto exchanges in the space where you can buy top cryptos now.

Conclusion

This guide on top
cryptocurrencies to invest in 2022 has explained the fundamentals of each project on the list – in terms of the future potential and risks to consider before investing.

With that said, we found that in terms of upside potential, Solana or ApeCoin is the overall best crypto to invest in right now.

Virtual currencies are highly volatile. Your capital is at risk.

Disclaimer – The above content is non-editorial, and Economic Times hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

This news is republished from another source. You can check the original article here

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