February 22, 2024 Breaking News, Latest News, and Videos

The 6 Go-To Cryptocurrency in 2022

Crypto markets have experienced massive corrections in the last two months or so. As of today, the global cryptocurrency market cap has shrunk to as low as $949 billion, from the $3 trillion high it reached in November 2021. Weak global cues amid aggravated inflation and interest rate hikes have led to a massive sell-off in crypto markets. Investors and traders are now skeptical about whether the crypto markets will bounce back again this year.

Crypto industry experts have different views on this question. While some experts believe that crypto markets will bounce back from the recent crash in the next few months, others think that investor vigilance will persist in the near-short term.

As inflation is going to persist for around two years, experts say that an imminent economic recession may continue to make crypto markets fragile.

After the numerous crypto investing success stories, now everybody wants to reproduce the same in their trades. Therefore, people are looking for the next cryptocurrency to explode in 2022. This article will try to answer that question and give you some of the best cryptocurrencies to invest in 2022.

But wait. How can you know which coin will most likely blow in a sea of 20000+ cryptocurrencies?

List of the 6 Cryptocurrencies that are Likely to Explode in 2022:

  1. Ethereum (ETH)
  2. Ripple (XRP)
  3. Solana (SOL) 
  4. Binance Coin (BNB)
  5. Decentraland (MANA)
  6. Uniswap (UNI)

Ethereum

Ethereum makes our list of the top cryptocurrencies to explode in 2022 mainly because of its blockchain technology’s sustainability and promising outlook. 

Today, Ethereum serves as the largest smart contract platform, and it also houses the largest pool of emerging crypto technologies such as DeFi, NFTs, meme coins, and even dApp technologies.

In 2021, Ethereum initiated a major upgrade that reduced the supply of ether, currently at 121.02 billion coins. The upgrade also enabled the Ethereum network to handle more transactions per second, improve the platform’s scalability and make transaction fees lower.

Being established and launched in 2015, Ethereum has survived the most volatile price drops to earn its earliest investors an ROI of a crazy 650000%. Throughout this period, it has proven its great resilience through its ability to recover quickly after even the most volatile market crash.

Ethereum is currently experiencing a major recession, losing over 50% of its value since the beginning of the year. However, some analysts claim that the low price offers a good buying opportunity for many investors who’ve been looking for the right time to step into the cryptocurrency market.

Ripple

Ripple also ranks high on our list of the top crypto to explode because of its stability. Despite the current legal battle and the negative press around, it has maintained an overall positive uptrend, with its ROI exceeding 7000%, which placed it among the top 10 most valuable cryptocurrencies. 

Investor interest in this altcoin hasn’t decreased. Moreover, its popularity has rocketed, and its community has grown steadily.

Ripple aims to make global payment services more efficient by improving the speeds of cross-border cash transfers while reducing transaction fees. Major banks have already adopted it in more than a dozen countries.

Solana 

Solana is currently one of the fastest-growing smart contract ecosystems. Even though it has been around for less than 2 years, Solana managed to make its way to the list of top 10 cryptos during this time. In addition, it has grown its market cap to $78 Billion with an ROI of 18000%+. 

Its blockchain network is also growing, which tells us that Solana is the altcoin you should watch and add to the list of next cryptocurrencies to explode in 2022.

Interestingly, 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.

Solana has made multiple partnerships with big brands with the level of developer activity on its network that is on the rise making it a part of the best cryptocurrency to invest in 2022. In the future, we expect all these to increase demand for SOL tokens, which will fuel its sustained value gain.

The main reasons for buying Solana are the high speed and low fees as well as its level of scalability. In addition, Solana is also used for non-fungible tokens (NFTs). 

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

Binance Coin

Like Bitcoin, the Binance coin is another crypto that keeps a limit on the number of tokens in circulation. In this case, Binance offers its investors a limited number of 165,116,760 tokens. As a result, this aided the token price growth exponentially in 2021. Additionally, Binance puts about 1/5 of its profit each quarter into burning BNB tokens, which raises the value of the remaining tokens.

Binance is a resilient altcoin that adjusts quickly to the market, dipping when it crashes and forcing a bull run if it rallies. Also, it surpassed bitcoin and Ethereum last year and seems to do so this year, too. 

Binance coins can be used for investing, payment processing, and booking travel arrangements. But, 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.

Decentraland

Decentraland is one of the most favored and promising metaverse projects, ensuring we feature it on our list of the top cryptocurrencies to explode in 2022.

The Decentraland community is also growing fast, attracting a growing number of investors and off-chain brands. Then, they either actively build programs on the ecosystem or own virtual land here. These make Decentraland one of the most optimistic metaverse coins to purchase in 2022. In addition, it makes it a top feature on any crypto investor’s list of the next crypto to explode.

After the Ethereum upgrade, developments in Decentraland virtual lands and the addition of more play-to-earn games are expected to continue fuelling its already trending prices. 

MANA is the largest gaming crypto in terms of its market cap. According to some speculations, in the next 5 years, MANA can break above $20, making it one of the best crypto to buy on the market.

Uniswap 

Uniswap is typically referred to as the DeFi King, and it is the most famous and one of the biggest decentralized exchanges. It is built on the top of the Ethereum tokens and established its utility and governance UNI tokens in late 2020. 

Today, it has an ROI of more than 1000% with its popularity and community of followers are on the significant rise. Therefore, it can convince us that its token prices will sustain its current uptrend and make it stay on the list of top next cryptocurrencies to explode in 2022 among many investors.

There are three particular factors that make Uniswap one of the most promising crypto to invest in 2022. 

First is, of course, the growing awareness among the investors and traders about the need for anonymity and privacy.

Secondly, Uniswap is constantly upgrading its systems to suit investor needs. For instance, it operates the Uniswap V3, its multi-chain (available on both Ethereum and Binance Smart Chain). In addition, it will soon roll out on Ethereum’s Optimus, which is a layer 2 scaling protocol hosted on the Ethereum network. 

And thirdly, we expect more activity on Uniswap when Ethereum eventually rolls out the Ethereum 2.0 upgrade.

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.

Conclusion

Cryptocurrencies and tokens launch daily, adding to the already extended volume of 20000+ coins in existence. As we mentioned, going through these whitepapers and reviews to find the best cryptocurrency and the best coin to invest in can overwhelm even the best of us.

This little article 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, Ethereum, Solana, or Ripple are the overall best crypto to invest in right now.

Tags: in Sponsored
Related Posts

Best Research Resources to Support Your Work

January 1, 2024

January 1, 2024

Keep in mind that as a student, you must be a connoisseur of scientific works that will make your papers...

Santa Monica’s Neighborhood Vibes: Finding Your Perfect Fit

November 30, 2023

November 30, 2023

Welcome to the vibrant city of Santa Monica! Known for its diverse neighborhoods, each offering its unique vibe, this coastal...

Why Time2play is helping change the landscape of iGaming

November 15, 2023

November 15, 2023

Everyone knows that iGaming has upsides and is a fun form of entertainment, but it also has its critics as...

Should you trust offshore crypto gambling sites?

November 9, 2023

November 9, 2023

Crypto gambling is becoming more prevalent today. This is because as many platforms now support these digital assets. However, each...

Top Payment Methods in Canadian Online Casinos

October 31, 2023

October 31, 2023

Fintech companies and digital payment services have been very successful in streamlining online transactions. Thanks to improvements in data sharing,...

Looking for the Latest Online Casino News through Twitter

October 1, 2023

October 1, 2023

In the dynamic world of online casinos, staying ahead of the game is crucial. Imagine having real-time access to the...

Most Dangerous Intersections in Orange County

October 1, 2023

October 1, 2023

Car accidents at intersections can result in all sorts of injuries. A back, neck, or even a brain injury are...

Facebook’s Power in Online Casino Updates

September 26, 2023

September 26, 2023

Are you ready to elevate your online casino experience? Dive into the world of Facebook, where the latest and most...

Wear the Change: Vustra Goes Green With Menswear for the Fall

September 9, 2023

September 9, 2023

Vustra was founded to transform the landscape of men’s fashion. This wasn’t a venture driven by the thirst for profit,...

A Timeline of the California Homeless Crisis, With News and Legislation

September 1, 2023

September 1, 2023

The homeless crisis in California seems to have taken a turn for the worse in recent times. What was once...

Dog Bite Statistics: Insights and Trends

September 1, 2023

September 1, 2023

Many people love dogs and choose them to be their household pets. In fact, there are millions of dogs in...

Crypto Use in the Californian Business World

August 31, 2023

August 31, 2023

The Golden State has played an integral part in the technological development of the U.S. and is home to Silicon...

Santa Monica Computer Scientist Career: Locally Available Programs

August 30, 2023

August 30, 2023

It’s estimated that 54% of students enjoy studying computer science. Not only this but it’s estimated that college graduates with...

How to Create and Send Professional Photos

August 30, 2023

August 30, 2023

In today’s digital age, sharing photos has become an integral part of communication. Whether you’re a professional photographer, a business...

Performance Based Music Education at School of Rock

August 23, 2023

August 23, 2023

Learn to be a rock star with School of Rock’s performance based music curriculum that will have you playing the...