Best Cryptocurrencies to Buy in 2022
In these recent years, investors have earned massive profits from investing in the crypto industry. Cryptocurrencies feature a substantial growth that this crypto industry is running parallel to the technology stock market across the universe (read this – betting with cryptocurrency).
Many crypto products are entering the market to entice the eyes of investors. Thus, of all the most popular crypto products, investors and especially newbies are overwhelmed to pick from the best crypto 2022 for massive benefits. With that in mind, let’s see the best cryptocurrencies to buy in 2022.
While Chainlink is a top 2022 altcoins options for organisations and investors, it is also a perfect match for individual users. As its name suggests, Chainlink can link its network as well as that of other non-blockchain platforms and data (read this – Chainlink crypto review).
Our prediction is that in 2022 Ripple (XRP) cryptocurrency will explode. 2021 year was very good for cryptocurrencies, especially for NFT and we believe that 2022 year will be the year when institutionals will come with more regulations and rules, so Ripple it’s great cryptocurrency first to be added in banking services.
Cryptocurrency could have a good year like 2021 or a bad year, but it will 100% stay with us. In the future more institutions like banks will try to regulate it, because any ban on crypto from countries makes more cryptocurrencies popular and it’s not a good strategy to be against crypto. Future looks good, more and more people will use it and still 50% poeple of our planet doesn’t have internet access, so crypto has a lot of space to grow.
To have big gains in crypto 2022 you need to look for crypto with low market cap, because when you can expect big multiples. So we recommend these penny cryptocurrencies to invest in 2022:
- Reef (REEF) – blockchain for DeFi, NFT & Gaming
- Kylin (KYL) – building a cross-chain platform powering the data economy
- Alkimi ($ADS) – decentralized advertising exchange
- 888tron (888) – online decentralized gaming platform
❌ No, at the moment bookmakers do not accept Solana as payment methods, but in near future this situation will change, because Solana is a very powerful and fast cryptocurrency.
Our best altcoins for 2022 to invest and hold are – Chainlink, Polkadot, Cardano, Ethereum and Solana.
Best cryptocurrencies for sports betting in 2022 are Ripple (XRP) and Litecoin (LTC). They have very fast transaction speed and a lot of bookmakers accept these crypto payments.
That means blockchains can be able to source and utilise smart contracts as well as data from other sources like central banks, traditional banks, companies and individuals, as well as IoT sources and other blockchains.
Similar to many other top crypto 2022 options, Chainlink uses smart contracts that utilise oracles to pull information through APIs, off-chain data pools and other technologies. The contributing data to all these data pools, APIs and other techs can be rewarded for providing the information, while those who utilise the data via the smart contracts can provide a fee for that.
The main features that make Chainlink one of the best altcoins 2022 are the use of smart contracts, the use of ERC-677 and ERC-20 standards and a very low transaction fee, to mention just a few. Looking to Chainlink price and crypto potential we can easily say that is one of best cryptocurrency to invest in 2022.
Polkadot’s massive strength is communication. This crypto product allows for the exchange of data across different blockchains. One of the biggest problems for the current cryptocurrencies has been that each one of them operates on its own.
Apart from Polkadot, all other cryptocurrencies cannot transfer coins or share information from one crypto to another. DOT crypto features the main network, known as Relay Chain, that helps it to transfer data and coins to other crypto wallets.
The main network operates alongside parachains that help it to achieve this function. Through bridges, the parachains link to other blockchains such as Ethereum. And talking of Ethereum, its co-founder is one of the Polkadot creators.
Before you can invest in any crypto product, one of the main things that you need to keep in mind is experienced management, and this applies to Polkadot. The leadership of Polkadot, as well as its ability to link blockchains, makes it stay at the front of the pack as the blockchain and crypto industry evolves.
In 2021, Cardano was one of the top altcoins. Its native coin, ADA, has gained over 1,000% so far to become one of the top-performing assets in the crypto world. Popularly known as the Killer of Ethereum by its main proponents, Cardano is currently taking a breather as investors use all-time high levels to book profits. Can Cardano repeat the same growth and be the best crypto for 2022?
Cardano crypto started the year with a massive hype surrounding the establishment of the Alonzo hard fork upgrade that expanded the functionality of this token dramatically. Despite crypto experts foreseeing a long delay, the developer of the IOHK Foundation announced a smooth transition to a fully-fledged smart contract and innovative platform based on the Cardano blockchain. IOHK is the firm that was allowed to design, build and take care of the ADA platform.
Additionally, the introduction of ADA’s Plutus scripts has allowed designers and developers to create decentralised apps in the ecosystem. As a programming language for developing smart contracts in the ADA blockchain, Plutus is responsible for the Cardano dApp.
The growing popularity, the smart contract bode, the adoption of Defi and all other technical enhancements could further fuel the increase of price and value of Cardano and could be crypto that will explode in 2022. Read more about this crypto – Cardano price prediction 2025, 2030.
Ether or Ethereum has a very high level of real-use potential. It is the leading platform for smart contracts, one of the highest growing segments of the crypto world. Smart contracts are simply self-executing agreements that live and operate on the blockchain and utilise Ether as their primary transactional currency. Ethereum is mainly focused on holding the largest share of smart contracts in the market (read this – Ethereum betting sites).
The recent upgrade of Ethereum, popularly known as Altair Upgrade, has been received well by crypto investors since it makes the network not only secure but also scalable. This upgrade is a plus to the already successful Ethereum’s implementation, the London Hard Fork. The implementation, which introduced a massive change to the underlying code of Ethereum, resulted in its staking reward program.
The London upgrade is another massive step in the transition of Ethereum from an energy-intensive proof-of-work model to a more energy-efficient proof-of-stake model that is scheduled for completion in early 2022. Ethereum’s use in Defi apps also helps to increase the prices of Ether.
The use cases of Ethereum are wide, including providing innovative apps in decentralised finance, gaming and non-fungible token. As the second-largest crypto in the world, Ethereum has grown over 500% so far across 2021, outpacing the increase of its close rival Bitcoin’s 103% for the same period. So definitely Ethereum is a crypto to watch 2022 year.
Solana has been among the top performers in 2021. As of December 2021, Solana was the fifth most valuable crypto in the world. Widely touted as the main challenger to Ethereum.
It has clocked a staggering year-to-date return of over 13,000%; this is one of the most gains by any crypto product so far in 2021. In the same period, its close challenger, Ethereum, managed to clock only 543%.
The main aim of creating Solana was to help power the use cases of decentralised finance, smart contracts and dApps. It operates on both proof-of-history and proof-of-stake models that allow for secure and swift processing of transactions. SOL, the native token of Solana, powers the platform.
The crypto product boasts a mushrooming community of investors who link its technology to that of heavyweights like Ethereum and Bitcoin. Keep in mind that Solana was only established in 2020, but it has managed to attain higher levels in the cryptocurrency world. So Solana is one of top altcoins 2022 to buy.