2022 is around the corner and we can’t deny the fact that the cryptocurrency industry has changed a lot over the past few years. Today, hundreds of crypto coins exist in the market and it’s really hard to find out if any of them will perform well in the next five years. So, I decided to make a list of the top 5 crypto coins that still have more potential to grow.
The Bitcoin boom is back.
After a long crypto winter, bitcoin’s price has skyrocketed since March 2020, with BTC hitting its all-time high of $24,000 in December. Get Point
To put that into perspective, the world’s largest cryptocurrency was worth just $6,800 a year ago.
The rally is largely down to institutional adoption of digital assets, with companies like PayPal and Square allowing customers to buy bitcoin on their platforms.
While there are currently no plans for PayPal users to be able to pay merchants in BTC (which would be another game changer), and Square only allows users to buy and sell bitcoin rather than hold it, it’s still a major step forward for the industry.
Ethereum is the second-largest cryptocurrency by market cap (behind bitcoin), making it one of the hottest cryptocurrencies on the market right now. Many investors are asking: Should I buy Ethereum?
The answer depends on your investment goals. If you’re looking for a possible long-term investment, Ethereum might be a good fit. But if you’re looking to make a quick buck, you’ll likely want to look elsewhere.
What Is Ethereum?
Before we dive into what sets Ethereum apart from other cryptocurrencies, let’s briefly review what the cryptocurrency is and how it works.
A cryptocurrency is a digital currency that uses cryptography to secure and verify transactions, as well as control the creation of new units. The best-known cryptocurrency is Bitcoin, but there are many others that have also gained popularity, including Litecoin and Ripple, among others.
Litecoin has been one of the top-performing cryptocurrencies this year.
The price of digital currency has jumped more than 20-fold year-to-date. In comparison, Bitcoin is up less than 10 times so far this year.
Litecoin’s founder, Charlie Lee, tweeted that he sold and donated all of his Litecoin holdings over recent days with the exception of a few physical coins. Lee said he sold his stake to avoid any conflict of interest as he can now “tweet about Litecoin without any fear.” He claims that in future he will not take advantage of any insider information that he may have.
Lee says he still owns a small amount of Litecoin which he says is “enough to move the market,” but not enough for him to “feel like I have skin in the game.” He says that this gives him the freedom to tweet about what’s good or bad for Litecoin going forward, without people accusing him of a shilling or pumping his own coin.
Lee said people are free to follow or ignore his advice, as he is just another member of the community. He also pointed out that his tweets are only his own opinion and should not be taken as financial advice. Get Point
NEO coin is the newest cryptocurrency that is making gains on the market. This is a very popular digital currency that is currently selling at a high price. Many people are investing in this digital currency because it has a lot of potential to make good returns. It also has a very good reputation and it is highly trusted by investors around the world.
There are many benefits associated with NEO coin. The main benefit of this type of digital currency is that it has been designed to be used in conjunction with other currencies. Therefore, you will be able to use your NEO coin as part of a payment system that includes both PayPal and Bitcoin. This means that you will be able to use your NEO coin in order to pay for any goods or services that you may have purchased online.
If you are an investor, then you should know that this type of digital currency was created in order to allow investors to invest their money without having to take out loans or other forms of financial aid. The reason why this is possible is because it was designed in such a way so as to allow its value to appreciate over time. It has been designed in such a way so as to allow its value to appreciate over time due to the different factors which affect its value, such as inflation rates, economic.
Cardano (ADA) is a cryptocurrency that is built on the Cardano blockchain. Cardano was launched in 2017 and was co-developed by one of the co-founders of Ethereum, Charles Hoskinson. The cryptocurrency has a current market cap of $3.25 billion and is currently the 11th largest cryptocurrency on the market.
The Cardano blockchain aims to provide a platform for the development of decentralized applications (dApps), smart contracts, tokenization, and more. It’s also designed to be very scalable and flexible for developers to build on top of it.
The crypto world has various coins to invest in, and the latest years have been the best for investing in cryptocurrencies.
With the rise of Bitcoin and other more popular coins such as Ethereum, XRP, and others, the demand for lesser-known currencies is rising day by day.
In this article, we will talk about top 5 crypto coins you should buy in 2022. Get Point