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Top 5 Cryptocurrencies to look out for in 2022

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Investing in crypto can be overwhelming, especially for new crypto investors. It can be challenging to decide which coins to buy with so many coins.

With promising cryptocurrencies like Tether(USDT), Ethereum(ETH), Binance Coin (BNB), and more available today, you need to diversify your portfolio to get the best ROI on your investments. Before you plan to buy BNB Swyftx or any other platform, you need to know your options to make a better decision.

To help, here are the top 5 cryptocurrencies to look out for in 2022.

  1. Bitcoin

With a market cap of over $1.08 trillion, bitcoin is the most popular and expensive cryptocurrency. Bitcoin put the foundation of the whole cryptocurrency industry and has increased in value since then.

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A few years ago, one bitcoin cost around $5, and now, in November 2021, the price for Bitcoin has reached $57,000. No wonder why many people want to invest in Bitcoin.

  1. Ethereum

Ethereum became a household name when Bitcoin rose to popularity. Thanks to its numerous real-world applications, Ethreum is loved by programmers.

Multiple decentralised applications (called dapps) like intelligent contracts, insurances, supply chain management, and banking are developed on the Ethereum network. The price of ethereum rose from $11 to $4700 in a matter of five years. With numerous promising real-world applications introduced every day. ETH is one of the most desired cryptocurrencies to buy in 2022.

  1. Binance Coin

Binance Coin (BNB) was introduced in 2017 after the biggest crypto exchange in the world, Binance, saw potential in it. In the beginning, it was used for simplifying trading on the Binance platform. Later it introduced numerous trading, baking, bookings and reservations, payment processing, etc.

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From its initial value of $0.10 in 2017, it has increased its value to $628 as of November 2021. Currently, it is the 3rd largest coin based on its market cap and accounts for 4% of the total cryptocurrency market. If you plan to buy BNB on Swyftx, you will be offered the required security of transactions and many features that make it easier to buy, sell, and trade BNB on their platform.

  1. Polygon (MATIC)

Polygon is one of the most optimistic coins launched recently. It is based on ETH and was introduced to transform it into a multi-chain system. It aspires to create a robust cryptocurrency system that will make crypto adoption among the masses more mainstream.

It wouldn’t be surprising to know that it started with 2 cents as a value at the start of the year and has now reached $2 per coin as of December 2021. That is what makes polygon one of the promising coins to buy in 2022.

  1. Cardano (ADA)

With over $52 billion in market cap, Cardano is one of the best coins with the highest potential. It rose to popularity for its early adaptation of proof-of-stake validation. It significantly reduces the energy use and transaction time as it doesn’t require problem-solving to verify the transaction like other crypt coins as BTC does. Its price was $0.02 in 2017, which reached $1.57 by the end of this year.

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These were some of the most promising crypto coins to look out for in 2022. Make sure you choose a suitable exchange to buy any coins, and don’t forget to diversify your portfolio.

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Taazakhabar News Bureau
Taazakhabar News Bureau
Taazakhabar News Bureau is a team of seasoned journalists led by Neeraj Mahajan. Trusted by millions readers worldwide.


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