Nasdaq and other formalized stock exchanges are third-party clearinghouses. People are tired of using an intermediary when it comes to investments. This is why cryptocurrencies came in place, as they are traded directly between the buyer and seller.
As blockchain adoption increases in the mainstream sector, so has cryptocurrency. More projects than you can easily remember are available to be invested in. The question for anyone looking to invest in 2022 is: What is the best cryptocurrency to invest in 2022?
The top 5 cryptocurrencies in 2022 are BTC, ETH, BNB, SOL, and XRP. Now we told you already the top 5 cryptocurrencies 2022. Hence, let’s look at the bottom of the leaderboard.
If you don’t like reading, you can also watch this video that summarizes this blog post. But as always in life, reading the full story is much more powerful.
Comparison chart of what crypto to buy 2022 (top 12 highest rated investments)
| Cryptocurrency | Preis | Market cap | Our Rating | Find out more |
|---|---|---|---|---|
| Bitcoin (BTC) | $42,496.08 | $807,691,166,815 | 1 | Check details |
| Ethereum (ETH) | $3,209.71 | $386,233,921,749 | 2 | Check details |
| Binance Coin (BNB) | $424.49 | $70,086,024,540 | 3 | Check details |
| Tether (USDT) | $1.00 | $82,537,123,340 | 4 | Check details |
| Solana (SOL) | $110.66 | $36,258,837,369 | 5 | Check details |
| Cardano (ADA) | $1.04 | $35,218,991,087 | 6 | Check details |
| Ripple (XRP) | $0.7611 | $36,633,171,221 | 7 | Check details |
| USD Coin (USDC) | $0.9998 | $50,950,875,197 | 8 | Check details |
| Terra (LUNA) | $95.20 | $33,716,969,177 | 9 | Check details |
| Polkadot (DOT) | $19.68 | $19,413,936,505 | 10 | Check details |
| Dogecoin (DOGE) | $0.1436 | $19,027,943,248 | 11 | Check details |
| Litecoin (LTC) | $111.40 | $7,801,063,080 | 12 | Check details |
Factors taken into account when choosing the best cryptocurrency to invest in
Investing in cryptocurrency is an idea worth considering. Done rightly, it has the potential to yield significant gains. But when done wrongly, you can lose everything. Unfortunately, depending on who you ask, you’re bound to get differing opinions on what cryptocurrency is the best to invest in, and why it is so. There is every need to be careful before making a decision. Hence, it’s a brilliant idea to take a cryptocurrency course before you start investing. Also make sure you understand the difference between digital currency vs traditional currency. Here are a few factors you must consider before you decide to invest in a particular cryptocurrency.
Longevity
The longer a cryptocurrency has been around, the greater its chances. A clear example would be bitcoin, which has been around since 2009 and turning up massive gains for investors. Not that new projects should be ruled out. However, investing in them requires utmost caution. A case in view would be that of the Squid Game token which ended up a scam.
Even bitcoin started up knew at some point. Release on January 3, 2009, the bitcoin lunch price was well around $1, but turned huge with a 60,000% rise in 2021 according to statistics. Which is really a massive gain for early birth investors.
Market Price History and Trading Volume
While market price history is not indicative of future prices, it can still be helpful when making decisions. A coin that shows price stability or progressive appreciation is likely to maintain such a curve all things being equal.
Blockchain Technology
Blockchain is the technology that underpins the cryptocurrency Bitcoin, but Bitcoin is not the only version of a blockchain distributed ledger system in the market. There are several other cryptocurrencies with their own blockchain and distributed ledger architectures.
Blockchain technology is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system through chainlink which greatly expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology.
Digital Innovation
Blockchain technology is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participant’s ledger. Chainlink decentralized oracle networks provide tamper-proof inputs, outputs, and computations to support advanced smart contracts on any blockchain. The decentralized database managed by multiple participants is known as Distributed Ledger Technology (DLT).
Blockchains such as Bitcoin and Ethereum are constantly and continually growing as blocks are being added to the chainlink, which significantly adds to the security of the ledger.
So, when it comes to scalability, usability, and security, you have to compare how the cryptocurrency in view compares to others. You also want to check things like the speed of transactions, transaction cost, volume of transactions, transaction security, Cryptocurrency exchange flexibility, etc that the system can support.
Developer Activity
The strongest projects have considerable developer activity on the project. If it is not attracting developer activity, it’s probably not worth investing in. And since all of this information is available for free on Github, you can easily check it out.
This helps you get the idea of the demand curve of the coin being considered for investment.
Market Capitalization
One way to think about the market cap is as a rough gauge for how stable an asset is likely to be. (It’s important to note that even Bitcoin, crypto’s biggest market cap, still sees volatility). But the same way a bigger ship can safely navigate heavy weather, a cryptocurrency with a much larger market cap is more likely to be a more stable investment than one with a much smaller market cap. Conversely, digital currencies with smaller market caps are more susceptible to the whims of the market – and can see huge gains or dramatic losses in their wake.
Coin Volatility
This is where you measure the stability of Cryptocurrency. Noting it frequency of its rise and fall of the market price. This guides you in managing your risk of investment
Liquidity
Buying and selling a cryptocurrency is easy if the coin has high liquidity. Increased adoption is one thing that can drive liquidity up.
Risk tolerance
How much risk can you bear? This can help determine how much to invest in a coin, or what kind of coin to invest in (since some coins are more volatile than others).
Kind of investor
What kind of investor are you? Are you just looking to cash in on the market in the short term? Or looking to stay for the long haul? A short-term investor cannot afford the luxury of a new project but maybe a long-term investor can.
How much do you want to invest?
How much do you have to invest? How much of that can you afford to lose? The cryptocurrency market is a volatile market, and it remains a possibility that you can lose all your funds. Thus when starting out it is helpful to diversify your investment, or at least invest only what you can afford to lose.
What is the best cryptocurrency to invest in 2022? Here’s our top 12 list:
What is the best crypto to invest in? Maybe better, you ask yourself: “Which crypto project is innovative enough to invest in?”. Because investing in crypto always means investing in the ecosystem. Therefore, the best investment is the one you believe in the most. The project itself but also the team behind the start-up. Now, let’s look at our top 10 list in detail.
1. Bitcoin (BTC) – Best long term crypto investment
Bitcoin remains the most promising crypto in 2022. Because it has been around the longest, it’s easy to see why it’s the leader and largest Cryptocurrency in terms of price and market cap and also the most popular Cryptocurrency. It’s also gained the most acceptance in the mainstream sector with countries making it a legal tender and banks offering bitcoin investment as part of their investment options. Also, many stores and businesses already accept Bitcoin as a form of payment.
Bitcoin is not the same as Bitcoin Cash. Therefore, make sure you choose the right type.
BTC price today: $42,483.88
SEE CURRENT BTC/USD PRICE2. Ethereum (ETH) – Best coin to invest in
Considering Ethereum for crypto investment might just be the best decision to take.
Ethereum (ether) being the second world’s biggest cryptocurrency, can be said to be cheap when it comes to comparing its trading value with that of bitcoin. But bitcoin is no match for Ethereum when it comes to growth and rapid adoption of several systems.
Statistics proved that the rise of Ethereum very well exceeds that of Bitcoin when considering its trading value from release date to its 6th year after release. The report shows that Bitcoin was launched at a $1/BTC trading price on 3rd January 2009 and trades at $454.36/BTC (peak value) 6 years after. While Ethereum was launched at a $2.83/ETH trading price in August 2015 and trades at $4628.89/ETH. This massive growth has increased its awareness and several adoptions to several systems which include the NFTs decentralized crypto ecosystem. These massive turn-ups have made it eye-catching for investors to jump into action.
ETH price today: $3,211.47
SEE CURRENT ETH/USD PRICE3. Binance coin (BNB) – Top growing cryptocurrency
The Binance Smart Chain is a smart contract-enabled blockchain network created with the goal of creating a decentralized financial (DeFi) ecosystem. Binance (BNB) is one of the worlds leading crypto exchanges.
Binance coin may be an excellent choice if you want to invest in a major Cryptocurrency other than Bitcoin or Ethereum. The reason is that it has become the most sort out crypto program due to its low transaction fee with Binance token, allowing its users to make Cryptocurrency exchanges with low fees.
Binance Coin makes Cheap Trading Cheaper. Binance reduces those already-low trading fees by a full 50% if you pay for them using the exchange’s native cryptocurrency, Binance Coin (BNB). That means that instead of paying 10 cents on a $100 transaction, you’d pay only 5 cents if you complete the transaction using BNB. Therefore attracting massive users and investors. This has brought to the 900% rise of Binance coin over the years, according to statistics.
BNB price today: $427.11
SEE CURRENT BNB/USD PRICE4. Tether (USDT) – Top Stablecoin
Tether(USDT) is a stable coin. A type of Cryptocurrency which aims to keep Cryptocurrency valuations stable. It was originally designed to always be worth $1. This simply means beating down the volatility that has been the major disadvantage of Crypto trading and investment. Its design of beating volatility system has made it a good investment.
USDT price today: $1.00
SEE CURRENT USDT/USD PRICE5. Solana (SOL) – Best PoH cryptocurrency
Solana aims to become the blockchain infrastructure for modern internet applications and is a high throughput blockchain based on the Proof of History (PoH) and Proof of Stake (PoS) consensus.
Integrate once and never worry about scaling again. Solana ensures composability between ecosystem projects by maintaining a single global state as the network scales. Never deal with fragmented Layer 2 systems or sharded chains. Solana’s scalability ensures transactions remain less than $0.01 for both developers and users.
In 2021, Bloomberg journalist Joanna Ossinger described Solana as “a potential long-term rival for Ethereum ”, citing superior transaction speeds and lower associated costs.
The attraction caused by the listed features and its fast-growing rate makes it a Cryptocurrency worth investing in.
SOL price today: $110.43
SEE CURRENT SOL/USD PRICE6. Cardano (ADA) – Best cheap crypto
Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake. It can facilitate peer-to-peer transactions with its internal cryptocurrency, Ada. Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson. Cardano is billed as a third-generation blockchain, following Bitcoin and Ethereum, which were the first- and second-generation blockchains. Cardano aims to compete directly with Ethereum and other decentralized application platforms, saying that it is a more scalable, secure, and efficient alternative. The Cardano Foundation has announced a number of strategic partnerships that will drive further adoption and utilization of the Cardano blockchain.
Developers could create a collateralized borrowing dApp that loans money to anyone if they deposit a certain amount of collateral in a wallet beforehand. The smart contract, in this instance, would be programmed to send a transaction (the loan) to the borrower immediately after the collateral wallet received the right amount of funds. The smart contract could also be programmed to liquidate the collateral (keep the locked-up funds) if the borrower failed to make repayments on time. This loan feature is what has given an edge to Cardano ADA over most major Cryptocurrencies and attracted investors.
ADA price today: $1.04
SEE CURRENT ADA/USD PRICE7. Ripple (XRP) – Great crypto for payments
Ripple is a real-time gross settlement system, currency exchange, and remittance network created by Ripple Labs Inc., a US-based technology company. XRP is a digital asset built for payments. It is the native digital asset on the XRP Ledger—an open-source, permissionless, and decentralized blockchain technology that can settle transactions in 3-5 seconds.
And according to Ripple CTO Stefan Thomas, XRP is quicker and cheaper at fractions of a penny and about three seconds faster per transaction compared to other digital assets. XRP offers other advantages as well: using XRP, banks can source liquidity on-demand in real-time without having to pre-fund Nostro accounts. XRP can be sent directly without needing a central intermediary, making it a convenient instrument for bridging two different currencies quickly and efficiently. It is also very much worth investing in XRP because not only is it a smart choice in the cryptocurrency for its differences, but it is also a coin that is on the lower side at the moment. This means that there is room for it to reach higher and cross back over the $1 mark.
Increased adoption and greater market awareness of NFTs, the metaverse, and Web 3.0 drove the market cap from a January year-low $736bn to a November year high of $3,009bn. The total crypto market cap stood at $2,380bn. The digital asset is capped at 100,000,000,000 XRP. At its all-time high, Ripple reached over three US dollars (USD), at the height of the 2017 crypto bubble. Ripple was also the most profitable asset of that year, bringing investors over 1,000% gains in a short timeframe.
XRP price today: $0.7628
SEE CURRENT XRP/USD PRICE8. USD Coin (USDC) – Great Stablecoin
USD Coin is a digital Stablecoin that is pegged to the United States dollar and runs on the Ethereum, Stellar, Algorand, Avalanche, Solana, Tron, and Hedera Hashgraph system. USDC is the world’s fastest-growing, fully regulated dollar digital Stablecoin.
Unlike Bitcoin, USDC is a Stablecoin, which gives it different traits that may benefit certain investors.
Stablecoins are a type of cryptocurrency programmed to track the value of other assets, such as government monies or gold. Just simply say that Stablecoins are a digital version of fiat money and are pegged to that currency. It is designed to beat down Cryptocurrency volatility. Thus, making it worth investing in.
USDC price today: $0.9995
SEE CURRENT USDC/USD PRICE9. Terra (Luna) – Good cryptocurrency for settlements
Terra is programmable money for the internet that is easier to spend, and more attractive to hold. Available on all leading blockchains.
Terra is a blockchain protocol that uses fiat-pegged Stablecoins to power price-stable global payments systems. According to its white paper, Terra combines the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offers fast and affordable settlements.
Terra’s native token, LUNA, is used to stabilize the price of the protocol’s Stablecoins. LUNA holders are also able to submit and vote on governance proposals, giving it the functionality of a governance token.
The Luna cryptocurrency hasn’t quite broken into the top by market cap. But the Terra blockchain is already one of the biggest. Revenue numbers from Token Terminal have Terra in the top five. It’s behind Ethereum (ETH), the Binance Smart Chain, Bitcoin, and neck and neck with Polygon (MATIC).
That’s a good sign for Terra fans. While many cryptocurrency projects aren’t in use yet, Terra is one of the biggest moneymakers.
LUNA price today: $94.72
SEE CURRENT LUNA/USD PRICE10. Polkadot (DOT) – Top cross-function coin
Polkadot which is quite a new Altcoin, is an open-source, blockchain platform and cryptocurrency that allows for distributed computing. The network uses a proof of stake consensus algorithm. The protocol used, Blind Assignment for Blockchain Extension, is derived from Ouroboros.
Polkadot is a protocol that enables cross-blockchain transfers of any type of data or asset. By uniting multiple blockchains, Polkadot altcoin aims to achieve high degrees of security and scalability. DOT serves as the protocol’s governance token and can be used for staking to secure the network or to connect (“bond”) new chains. This means that Polkadot also provides an advantage for developers to create a custom blockchain in minutes using the substrate framework. Connect your chain to Polkadot and get interoperability and security from day one. This ease of development helps Polkadot’s network grow, and makes it a good look for investment.
Over the last few days, the Bitcoin and Ethereum networks have processed roughly three transactions per second and 15 transactions per second, respectively. For context, Visa processed 4,840 transactions per second last quarter. In other words, Bitcoin and Ethereum have a scalability problem. While both are working to fix this, Polkadot altcoin appears to be ahead. By using Parachains, Polkadot can process more transactions in parallel, boosting throughput – at least, that’s the theory. The first Parachains are slated to launch later this year. But when they do, Wood believes the network may handle as many as 1 million transactions per second.
Making it a pretty good place to invest, due to the fact that these features will not only attract investors on large scale but would also affect popularity, and trade volume and increase its trading value. When it comes to Bitcoin and Ethereum, investors often have to buy fractions of coins based on their value. Polkadot altcoin is currently more affordable, making it a more enticing purchase.
DOT price today: $19.67
SEE CURRENT DOT/USD PRICE11. Dogecoin (DOGE) – Great Reddit tipping coin
Dogecoin is another great Cryptocurrency worthy to note. Its price skyrocketed after receiving backing from Tesla CEO Elon Musk. It has however reduced in value as a coin. DOGE was the very first meme coin. This digital currency was forked from Litecoin in December 2013. Dogecoin can be used for tipping on Reddit and Twitter to reward content.
DOGE price today: $0.143
SEE CURRENT DOGE/USD PRICE12. Litecoin (LTC) – Top cost-effective coin
Litecoin, shares similar technology as Bitcoin but generates blocks at even a faster rate. LTC is the second most popular “pure” cryptocurrency. LTC is very unique and famous for its simplicity. Litecoin was founded by Charlie “Chocobo” Lee and is on the market since October 2011. As of today, LTC is widely accepted for payments in cryptocurrency with more than 3,000 merchants and stores around the globe.
LTC price today: $111.74
SEE CURRENT LTC/USD PRICEOther upcoming cryptocurrencies to watch out for in 2022
When trying to identify the next big cryptocurrency, to spot which crypto to buy in 2022, two things to keep an eye on are similar to what a stock market investor would keep an eye on market capitalization and price. This analysis would give you a clue on which Cryptocurrency will rise and is right for investment.
The market cap works for the crypto market because it shows how much has been invested in a specific Cryptocurrency network. As a general rule, the larger the market cap, the more stable the asset, though it also means the coin has less room to grow. It’s also important to keep an eye on the price to determine whether investors are bullish or bearish on the crypto. So to know which is the best crypto to buy now.
Which cryptocurrency will rise in 2022? Below is the list of up and coming Cryptocurrencies to look out for and best cryptos to buy now:
1. ETHBTC 2x Long (Polygon) – Best new cryptocurrency to invest in right now
ETHBTC 2x Long (Polygon) beverage token (mRATIOMOON) is the cheapest way on Polygon to bet on Ethereum outperforming Bitcoin and ratio flipping. mRATIOMOON rebalances using a similar algorithm to Binance leverage tokens. It is a token issued by Blockchain of Polygon. Its price rate has made it eye-catching for it to be a watch out for investment purposes. One other factor that makes it qualified for a lookout is the fact of copying the Binance leverage token algorithm, making it a direct competitor to the Binance coin.
MRATIOMOON price today: $84.23
SEE CURRENT MRATIOMOON/USD PRICE2. ZodiacDAO (ZD) – Great crypto investment
Zodiac is a decentralized protocol based on the $ZD token — collateralized and backed by the basket of assets which currently is $ZD-USDT, BUSD, and USDT in the Zodiac Treasury. ZD will be the reserve currency on the BSC network. In order to maintain price stability, Zodiac will use the Algorithmic Reserve Currency algorithm and will also be supported by the POL (Protocol Owned Liquidity) for the most sufficiency.
ZodiacDAO is not simply just an OHM fork, but an advanced one. ZD has all other DAO functions because it is using the same Algorithmic Reserve Currency algorithm. In addition, Zodiac provides NFT gamified crypto and especially solved the inflation issue that most other DAO and even OlympusDAO facing. These features make it investment-worthy.
ZD price today: $0.007302
SEE CURRENT ZD/USD PRICE3. Orakler (ORKL) – Best crypto for NFT games
Orakler is the first and the best Oracle-based Play-to-Earn NFT game with a solid and mathematical proved economy system.
Every new Cryptocurrency has the potential to bring in massive gains for investors because of its affordability and growth space. Orakler is no doubt one of such to bring in such gains for investors.
Orakler already has a trading volume big enough to make it be seen as having a stable investment. Having a trading volume of $16,752,082 which is more than some major Cryptocurrencies, it really is a good place for investment purposes. A greater volume of cryptocurrency transactions leads to fair cryptocurrency prices and removes the chance of distorted pricing.
ORKL price today: $0.04762
SEE CURRENT ORKL/USD PRICE4. Bali Coin (BALI) – Great tourism crypto
Launched on 15/11/2017 by a team based in Indonesia, BALI Coin is a Travel Discount Voucher created in the form of cryptocurrency for use in the tourism industry. Examples include hotel bookings, airplane, and train ticket reservations. Bali Coin is a Travel Discount Voucher created in the form of ERC20 Ethereum Tokens. Ethereum Blockchain with its peer-to-peer and Smart Contract features is the technology behind its creation. Therefore, it is secure. Fast. Accurate. Convenience.
Bali Token develop its own Blockchain as a bridge for all blockchain platforms, working with every blockchain developer from all over the world. Every blockchain can communicate with Bali Blockchain and interact with each other using a Decentralized Platform (DEX). Bali Coin is vouchers for wholesale prices and discounts on travel activities, such as: purchasing airplane tickets, booking hotels, hiring cars, buying gifts, etc., at Bali Coin Network of Merchants. It is also the ultimate solution for tourists who have the following problems when they travel abroad:
- Lost debit/credit cards
- Debit/Credit Cards got declined
- Debit/ Credit Cards got hacked
- Fail to withdraw money from ATM
This could be our next PayPal on the crypto network. The economic solution factor has made it investment-worthy. And the fact that it’s involving every Blockchain developer around the world is likely to increase its popularity. The replacement concept of credit cards and debit cards could massively increase its trading volume. And that’s a good view for anyone looking to invest in Cryptocurrency.
BALI price today: $0.008926
SEE CURRENT BALI/USD PRICE5. Baby Shibnobi (BABYSHINJA) – Great meme coin
BabyShibnobi is a community-driven meme project. The community strength is unparalleled and it will vaporize all meme-coins in its path. With an international team of experts, an exciting roadmap, and tokenomics you can rely on, you don’t even have to be late to the party again.
Some cryptocurrencies, like Baby Shibnobi, can only be purchased with another cryptocurrency on decentralized exchanges. To buy Baby Shibnobi, you’ll need to first purchase Ethereum (ETH) and then use ETH to buy Baby Shibnobi. And to do that, you need what’s called a self-custody wallet like Coinbase, Uniswap, or other enabled crypto trading platforms.
BABYSHINJA price today: $1.806432
SEE CURRENT BABYSHINJA/USD PRICEWhat is the best crypto to invest in for me? Key takeaways
While investing in the crypto market is, without doubt, the biggest, best, and most promising investment market in the world, finding a good cryptocurrency to invest in can prove to be tricky. If one gets it right, digital currencies are capable of giving the investor a massive ROI within the shortest of time. Major Cryptocurrencies are very good for investment, but investing in a promising new Cryptocurrency is just buying bitcoin from 0, a risk that can be accompanied by a ride to the jackpot.
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