In the upcoming years, interest in the cryptocurrency market is anticipated to increase quickly. This article can assist you in making your next investment, whether you’re a novice investor or want to purchase your first cryptocurrency. The best cryptocurrencies to buy in 2022 will be covered in this article, all of which have strong upside potential as a result of the significant decrease in the value of cryptocurrencies.
2022’s top cryptocurrencies to purchase
Here is a list of the top 10 cryptocurrencies to purchase in 2022:
Here are the top cryptocurrencies to invest in, in more detail.
Considering how many cryptocurrencies are now in use, picking the finest ones for your portfolio is no simple task. Additionally, you’ll need to look at important variables pertaining to the project’s objectives, its historical price action, its present market capitalization, and more.
Therefore, a good illustration of the appropriate kind of study you should conduct.
- Shiba Inu – is the best cryptocurrency to purchase overall in 2022.
Did you know that one of the cryptocurrencies with the highest potential to soar in 2022 is called Shiba Inu? Shiba Inu, one of the most popular meme coins, has experienced tremendous growth since its inception in 2020. Shiba Inu has really done so well that it has become one of the most well-known cryptocurrencies and is currently among the top 20 cryptocurrencies in terms of market capitalization. Anyone who invested just $2 in SHIB in January 2021 would have become a millionaire by then.
- XRP – is a fantastic cryptocurrency to invest in for cross-border payments.
The XRP is the next virtual currency to take into account from the list of the top cryptocurrencies to invest in 2022. Fortunately or unfortunately, depending on your perspective, XRP had some issues with the US Securities and Exchange Commission in late 2020, which had a significant impact on the price of XRP.
As a result, XRP fell from the third largest cryptocurrency by market cap to sixth.
Predictions for the price of XRP indicate that the token would likely rise consistently throughout the year, possibly hitting a high of $2.14 by December. Therefore, one investing strategy could be to purchase Ripple to sell it before the price drops from its peak.
- The Sandbox – Best cryptocurrency for metaverse investing
The Sandbox is an additional cryptocurrency that should be purchased from the list of the top cryptocurrencies to invest in in 2022. This cryptocurrency promises to connect the real and virtual worlds using distinctive NFTs so that users from around the globe can explore the Sandbox ecosystem while interacting and networking.
Users and players can build and customize their own characters within the Sandbox metaverse, which can subsequently be utilized to participate in play-to-earn games.
The SAND currency has produced enormous returns since its launch in terms of how it has performed on the market itself. The Sandbox’s initial price, as reported by CoinMarketCap, was $0.05 in mid-2020. The price of this cryptocurrency last reached an all-time high in November 2021, when it exceeded $8.40. And the gain is 16,000 percent as a result of this growth. This top-rated cryptocurrency is currently available for purchase at a significant reduction from its peak price.
- Uniswap – A well-known cryptocurrency that supports its ecosystem and is a leading DEX.
Uniswap is the fourth project to take into account from the top 10 undervalued cryptocurrencies list. With the help of this cryptocurrency, users may buy and sell cryptocurrencies without going via a centralized exchange like Coinbase. Instead, peer-to-peer matching is used to match orders.
A decentralized exchange is housed on the Ethereum blockchain-based Uniswap platform. In terms of both daily trading volume and the number of active traders, Uniswap is among the most well-liked exchanges.
Simply said, the idea behind Uniswap’s DEX is that traders and investors can purchase and sell crypto coins directly from one another. If you believe in the potential of decentralized trading, Uniswap might be one of the finest cryptocurrencies to invest in 2022. When compared to its previous all-time high of $44, the UNI coin is currently selling at a discount of around 75%.
- Cosmos – Interoperability in the blockchain industry provides a significant function
Cosmos is the next cryptocurrency on the list of the top ones to buy. This cryptocurrency is centered on the development and application of blockchains for interconnection and communication.
You can purchase Cosmos’ native coin to invest in it (ATOM). The market value of this cryptocurrency is currently less than $10 billion, and according to the Cosmos price forecast, it will reach a new level before the end of the year. The ATOM is expected to grow by more than 300 percent in value in 2022, according to 25 analysts, giving cryptocurrency investors plenty of room for growth.
The ATOM token is desired and necessary for Cosmos in order for it to compete with other blockchains for the utilization of its cutting-edge technologies. As a result, Cosmos is currently among the greatest cryptocurrencies to take into account. As a result, you can now obtain this coin and hold it for an extended period of time.
- Decentraland: A top cryptocurrency supporting a virtual world of real estate
If you want to invest in the metaverse sector in 2022, Decentraland is one of the best cryptocurrencies to buy. The virtual world component of Decentraland is identical to that of The Sandbox, and it is likewise a reliable cryptocurrency to take into account.
On the Ethereum blockchain, there is a virtual reality (VR) platform called Decentraland. It enables users to access, produce, and make money from information and applications. Simply defined, Decentraland enables users to purchase virtual property, develop it like building real estate, and operate it as an online company.
Each and every transaction that takes place within the Decentraland ecosystem is carried out using MANA, the platform’s own cryptocurrency. And as a result, MANA has had great success since its introduction a few years ago.
Many cryptocurrency experts think that MANA is a smart investment when compared to other Defi coins and certain mainstream cryptocurrencies because Decentraland is one of the most well-known virtual reality platforms that register enormous volumes and sales.
Analysts believe that over the long term, despite all the ups and downs in MANA’s trading history, the price of Decentraland may increase. It is therefore among the best coins to purchase in 2022.
- Solana – One of the greatest cryptocurrencies to compete with Ethereum’s hegemony is Solana.
Solana is the next project to take into account from the list of the finest cryptocurrency investments to make in 2022. Many people refer to Solana as the “Ethereum Killer.” On a variety of criteria, Solana outperforms Ethereum by a wide margin. A decentralized blockchain that supports the use of smart contract agreements is located in Solana.
For instance, while Ethereum can handle 16 transactions per second, Solana can manage over 65,000. Solana is a superior option in terms of fees because transactions on its network are almost entirely free, in contrast to Ethereum, which has quite high fees.
Solana may be the best cryptocurrency to buy right away and retain for the long term, investors should keep in mind that Ethereum won’t continue to dominate the smart contracts sector.
It’s interesting to note that 1,282 SOL would have been yours if you had invested $1,000 in Solana at the time of its introduction, two years ago, when the coin was priced at $0.78. This Investment would be worth $115,205.128 at the current price. That is an increase of more than 41,000%.
The SOL coin is predicted by Solana to gain in value by more than 1550% over the following five years. It may also be a good opportunity to invest now and hold for the upcoming years because the coin fell in price during the current crypto bear market.
- Dogecoin – The best meme cryptocurrency to purchase before the next bull run starts is dogecoin.
One of the greatest cryptocurrencies to invest in over the long run is dogecoin. It is regarded as one of the top meme coins and the most undervalued cryptocurrency for 2022. In fact, one of the most widely purchased cryptocurrencies last year was dogecoin. After all, Elon Musk frequently tweeted favorable things about Dogecoin, which aided the humor coin’s price growth.
One of the top 20 most used cryptocurrencies worldwide is dogecoin. Dogecoin has continued to have a rapid adoption rate in line with its rising popularity. Analysts predict that DOGE will continue to deliver investors positive returns. Dogecoin is predicted to reach the $1 level by the end of 2022, according to pricing projections.
By making an investment now, you can enter the market at a significant discount. This indicates that Dogecoin is currently available for purchase at an 82 percent discount from its anticipated price.
- The Graph – Invest in blockchain indexing’s fastest growth
Another item on the list of top cryptos that you want to pay particular attention to is The Graph. A decentralized indexing technology called The Graph is used to query data on networks like Ethereum and the InterPlanetary File System (IPFS). The primary goal of this international API is to arrange blockchain data and make GraphQL an easy way to access it.
The Graph, which powers numerous apps in the field as well as the larger Web3 ecosystem, is recognized as a crucial component of Defi. The only difference between it and some blockchain search engines is that it is a decentralized platform.
And for this reason, The Graph might be one of the best cryptocurrencies to invest in 2022. This is because, in addition to allowing blockchain networks to index their data, the Graph’s indexing technology also allows for much more efficient network operation by allowing networks to concentrate only on essential and pertinent data.
The Graph token, abbreviated GRT, can be purchased if you are interested in this project. The digital currency is accessible for a low entry fee as of this writing, selling for less than $0.34 per token. The coin’s price is predicted by The Graph to surpass $1 by the end of 2022 before increasing to $2.45 in 2023 and $4.81 in 2025.
- BNB – The largest cryptocurrency ecosystem in the world offers this large-cap cryptocurrency.
In your hunt for the best cryptocurrencies to buy in 2022, BNB is the last cryptocurrency to take into account. The well-known cryptocurrency exchange Binance developed the Binance Coin (BNB), which serves as the native token on both the Binance Chain and the Binance Smart Chain.
The main objective of the Binance Coin was to provide a different means of paying for trading commissions on the Binance platform. BNB is now one of the greatest utility tokens that can be used in blockchain and non-blockchain firms outside of the Binance ecosystem.
You can use Binance Coin to make purchases of goods, real estate, travel, and online services (e.g., via TravelbyBit). It can be used to pay freelancers for their services as well as to receive virtual presents (as on Gifto) and in-game prizes.
Interestingly, the popularity of Binance is a component that we can’t ignore; it’s not just its features that make Binance Coin highly valued. Since Binance is one of the top crypto platforms in the world and has access to large liquidity pools, it should come as no surprise that Binance has been able to further BNB acceptance.
BNB has cemented its place among the top 4 companies in terms of market worth. BNB was only $0.11 when compared to its prior price performance in 2017. Currently, the 52-week high for this well-liked cryptocurrency is $689. As a result, the BNB coin’s value has surged by more than 619,000 percent since its introduction in 2017.
Experts have predicted that BNB is a solid investment and that it should be taken into consideration by any trader or investor as a long-term asset with the ability to increase the value of any investment portfolio.
Finding the best cryptocurrency to purchase in 2022 from a pool of more than 18000 digital assets can be difficult. The top ten prospective cryptocurrencies to invest in this year have, however, been highlighted for you in this guide to cryptocurrency investing. Each has been covered in this article along with the elements that make them the top cryptocurrencies available right now.
All things considered, Ethereum and XRP are the ideal cryptocurrencies to purchase for this use, especially when you take into account that those projects are among the greatest in terms of explanation and profitable growth. As a result, you may invest in these leading innovative ecosystems for a very alluring entry price based on current values.