As you may know, there has been a lot of buzz around cryptocurrencies in the past few years. With so many new coins and tokens being introduced to the market, it can be hard to find high growth potential. In this blog post, we will discuss three cryptos that are worth investing in 2022.
Let’s take a look at these options.
- Bitcoin
Bitcoin is the first and most well-known cryptocurrency. It was created in 2009 by Satoshi Nakamoto, and its value has increased significantly since then. As of September 2017, one Bitcoin is worth over USD 4000.00. Bitcoin is a digital currency that can be used to purchase items or services online. It is decentralized, meaning any government or financial institution does not control it. This makes it a popular choice for those who want to avoid censorship or surveillance. Crypto Genius is a top trading software that you must use as a beginner.
- Ethereum
Ethereum is a crypto that has been gaining quite some attention recently. It was built on the premise of creating decentralized applications and smart contracts. As its name suggests, it’s based on Ethereum, which means it can host other cryptos as well. Also, there are no transaction fees with Ether transactions or gas costs like you’d find when using bitcoin, for example. Smart Contracts are also more relevant to the world today than cryptocurrencies without them due to their adaptability in our modern society.
- Monero
Monero is a secure, private, and untraceable cryptocurrency. It is open-source and accessible to all. Monero has a strong Dev team that constantly works to improve the coin. The price of Monero is currently $350. There are many reasons to invest in Monero. It is incredibly secure and private. Cryptocurrencies are often associated with illicit activities, but Monero is different. Transactions on the Monero blockchain cannot be traced back to the sender or receiver. This makes it perfect for those who want to keep their transactions confidential.
- Cardano
Cardano is a decentralized public blockchain and cryptocurrency project that is fully open source. It was founded by Charles Hoskinson, one of the co-founders of Ethereum. The goal of Cardano is to build a smart contract platform that businesses and governments around the world can use. The Cardano team has already released several products, including Daedalus’s wallet and Emurgo HK exchange. They are also working on a new proof-of-stake algorithm called Ouroboros, which is more secure than Bitcoin’s proof-of-work algorithm.
- Litecoin
Litecoin is one of the oldest cryptocurrencies around, and it has a lot of growth potential shortly. Some experts believe that Litecoin could be worth as much as $1000 in 2018. If you’re looking to invest in a cryptocurrency with millionaire-maker potential, Litecoin is a good option.
The Bottom LineBitcoin is the “gold standard” in cryptocurrency investing. It has become a nearly $200 billion market, and it currently holds roughly 35% of the total global cryptocurrency value ($400+ billion). There are other cryptos to buy out there with potential for huge returns, but none have yet reached this level of growth and network stability at the same time.
