TOP 10 cryptocurrencies to invest in 2022

Hello gentlemen traders and investors! Just like last year, 2019 promises to be full of ups and downs for all cryptocurrencies. This means there is still an opportunity to get rich, you just need to make the right investments. In recent years, Bitcoin dominance has decreased from 90% to 50%, and in some places it reached 33%. All this suggests that traders are gradually switching to other altcoins. New promising cryptocurrencies with strong technical support are emerging, which in the future can be actively used in various fields of activity - economics, medicine, scientific research, etc. Today we will look at which cryptocurrencies are best to invest in in 2019.

See also what Bitcoin is and how to trade it.

Investing in Bitcoin and Ethereum – does it make sense?

The chances of Bitcoin matching its previous 1000% rise are very low. The cryptocurrency community recognizes that there are more technologically advanced alternatives. New altcoins appear every day, and their developers surprise the public with innovative features and technological superiority of their solutions. Although the bearish market trend seems to be easing a bit, no one can guarantee that the Bitcoin price can break its previous records and reach $20,000 again.

What about Ethereum? It's still a powerful and promising project, but there are many competitors that offer more flexible and sophisticated technologies. Some companies are already switching from Ethereum to Neo and other platforms.

Ether

Ethereum cryptocurrency. Photo: ethereumprice.org

Ether is the second most popular digital asset on the market.

Ethereum's developers have provided the platform as a "global computer" for smart contracts—a digital protocol that helps facilitate, verify, and enforce a contract whose terms have been predetermined. In addition, the Ethereum ecosystem also allows the issuance of ERC-20 tokens.

In January, Ethereum traded around $116. Over the next six months, the value of the second-largest cryptocurrency continued to rise, reaching its yearly high of $334.66 on June 26. After a period of bullish momentum, the price of Ether began to decline before finally settling between $150 and $180. The exception is September, when the price of the cryptocurrency reached $210.

Since the end of November, Ether has been trading steadily around $130-$150, showing an increase of about 20% since the beginning of the year.

EOS is Ethereum's number one contender

EOS is a platform for creating decentralized applications. It works similar to Ethereum, but with one important difference. To work with EOS, you do not need to know programming languages, as is the case with Ethereum, which runs on Solidity. EOS can be compared to an operating system in which users can create any open source application without special knowledge.

In addition to this, there are no transaction fees on EOS. Blocks in the chain are created every 3 seconds, which ensures high transaction processing speed. EOS has every chance to become the most advanced and popular cryptocurrency, so don’t miss the opportunity to buy it for $4.3.

ChainLink

Cryptocurrency LINK. Photo: cryptosliva.top

ChainLink (LINK) on the list of the most stable cryptocurrencies of 2022 . The platform on which the altcoin operates is essentially designed to bridge the gap that exists between smart contracts based on blockchain technology and real applications.

From an economic perspective, LINK started the year relatively slowly, with the price of one token rising from $0.31 to just over $0.45 in the five months since the start of 2019. However, by the first week of July, the cryptocurrency reached its apogee - one token was selling for $3.74. And although the crypto asset has lost its rapid financial momentum over the past couple of months, it is still trading around $1.90.

Overall, the LINK/USD trading pair is up more than 500% since the beginning of this year, and the LINK/BTC pair is up 300% over the same period. This is an impressive achievement to say the least.

Ripple is the 3rd coin after Bitcoin and Ethereum

Ripple is the third cryptocurrency by market capitalization after Bitcoin and Ethereum. However, if Bitcoin is intended for money transfers between individuals, then Ripple was created for large financial institutions. This cryptocurrency serves to facilitate cross-border payments (transfers abroad), making them amazingly fast and cheap (transactions cost a fraction of a cent). Ripple has received huge support from corporate investors (such as Google) and is now being adopted by Asian banks and financial institutions around the world.

Ripple is unlikely to reach $100 anytime soon, but it is expected to reach the $1 threshold soon. Now its price is $0.33.

New cryptocurrency from IBM: Blockchain World Wire (BWW)

Blockchain World Wire (BWW) is an IBM product that makes international payments in almost real time, in a matter of seconds, using blockchain technology and the Stellar cryptocurrency protocol. How it works? Financial institutions use existing payment systems that seamlessly connect with World Wire APIs to convert a single fiat currency into a digital asset.

World Wire then simultaneously converts the digital asset into a second fiat currency, thereby completing the transaction. In this case, all transaction details are recorded in an immutable blockchain.

Blockchain technology IBM BWW

Stellar – lowest transaction fees

Unlike Ripple, Stellar is designed to facilitate cross-border payments for individual users. While payment processing giants like PayPal charge 5% transaction fees, Stellar charges just $0.01. The processing speed is 5 seconds per transaction, which is quite acceptable.

The Stellar team partners with large companies such as IBM, so it has huge support from corporate investors. Stellar currently ranks 8th on the list by market capitalization. It can be purchased for as little as $0.09, but the price could go up a lot in the future.

Let's sum it up

Thus, the level of capitalization is not always an indicator of the prospects of digital currencies. In addition, the distance between young startups and leadership positions, as practice shows, can be quickly made up.

The lack of clear regulation of the industry by government authorities makes adjustments to the position of the new financial instrument. The formation of a legal framework, with the gradual accumulation of a history of use, can contribute to the further spread of digital money.

TRON is a cryptocurrency in the entertainment industry

TRON is a decentralized platform where users can freely store and distribute games, videos and music. Game developers get the opportunity to use expensive mobile applications for free and quickly promote their projects. TRON is similar in functionality to Google Play or AppStore. But that is not all. TRON has its own TRX coin, which can be used as a means of payment between game developers and their customers.

Why should you consider investing in TRX? TRON recently acquired BitTorrent, which allows for the future development of secure, decentralized torrenting methods. In addition, torrent users who distribute files will be able to receive rewards for this.

TRON is now in 9th place in terms of market capitalization, and is not going to stop there. The total value of all digital entertainment products exceeds $1 trillion, so TRON has every opportunity to take its rightful place in this area. Currently, 1 TRX costs $0.02, so it is a good investment for traders on a budget.

Tezos

Tezos cryptocurrency. Photo: coininsider.com

Tezos (XTZ) is a cryptocurrency and decentralized computing platform that uses a formal verification protocol as well as a consensus module for internal governance decisions. XTZ owners can receive additional tokens as a bonus for creating and verifying blocks.

From a financial perspective, XTZ started the year at $0.47. But by the end of the first quarter of 2022, the cost of one token increased to $1.06. XTZ's profitability continued to rise between April and June. And on May 19, the cryptocurrency reached its annual high of $1.88. During the third quarter of this year, the price of XTZ varied between $1 and $1.20. However, since the beginning of December, the crypto asset has gained momentum again. Currently, one XTZ token is trading around $1.40.

During 2022, the value of the XTZ/USD trading pair increased by more than 190%.

Litecoin - an alternative to Bitcoin

Litecoin, one of the main alternatives to Bitcoin, entered the TOP 10 cryptocurrencies by market capitalization. It reached a capitalization of $3.1 billion and is now ranked 5th on the list. LTC has an average block mining time of 2.5 minutes versus Bitcoin’s 10 minutes.

Litecoin currently costs $52.49. It has seen its ups and downs, but the cryptocurrency community believes in its potential.

Why is it worth investing now?

Now, by the summer of 2022, the crypto market has shown a tendency to resume growth. The trend is supported by the interest of private funds and institutional structures, and is accompanied by good trading volume and transaction activity.

At the same time, the geopolitical situation is developing sadly for the main fiat currencies - the dollar, euro, yuan and British pound.

The USA and China have entered into a confrontation, while America is infringing on the automotive sector of the European Union, i.e. it has opened a trade war on two fronts.
The UK is threatening to carry out Brexit according to a tough scenario.
The media is filled with analysts' forecasts about the beginning of the next round of crisis.

In these conditions, investors are looking for areas to diversify their capital. Cryptocurrencies have become the new haven.

For the first time in the financial world, a situation has arisen where money from major currencies is not going into gold. The valuable metal is trading flat, and the market for virtual coins is gaining capitalization.

IOTA – fast transactions and no commissions

The IOTA cryptocurrency was developed as a means of payment for the so-called Internet of Things (IoT). Using this technology, you can control the air conditioner using a smartphone, etc. This is a very promising area of activity; IOTA is already actively cooperating with companies such as Bosch and Cisco, which has caused a sharp increase in the coin rate.

IOTA is not only a unique development, but also a promising cryptocurrency, which is very different from other coins. Thanks to the blockless Tangle technology, it has the following advantages:

Full scalability. The more users there are on the blockchain network, the longer it takes for requests to be processed. With Tangle technology, the opposite is true - the more users in the network, the higher the transaction processing speed;
No transaction fees. IOTA cannot be mined, all 3 quadrillion coins are already on the network. Since there are no miners, there is no one to pay rewards to, so there are no commissions;
No limits on amounts or restrictions on the number of transactions.

Considering the fact that by 2022 the number of Internet devices will reach 30 billion gadgets and the market capitalization will be about 7.1 trillion dollars, IOTA has a lot of potential, although it has a serious competitor - the startup IOTW.

Currently, IOTA is in 14th place in terms of market capitalization, and its rate is $0.32.

See also how to withdraw bitcoins to a card.

Ardor

A project from the creators of NXT. Ardor is a continuation of the first project of a well-coordinated development team. The project resembles a kind of ecosystem that can be scaled and has convenient parameters for use in business. The project is complex, because it combines several structures, the construction of which will take time.

Ardor has strong competitors, but the project has many advantages that can propel it forward this year and next. Experts are confident that with a favorable combination of events, Ardor will “bite off” part of the market for itself, because it withstood the strongest resistance at the end of 2022.

Today the project can be tested and the developers can give feedback regarding their wishes and improvements.

BAT – digital advertising token

The Basic Attention Token (BAT) company was founded by technical experts from all over the world. This token is intended for content creators, publishers, their audiences and advertisers. For example, users can donate to content creators in BAT currency or receive BAT rewards for viewing advertisements. BAT is expected to be used in the Brave browser, which protects against malware and preserves user privacy while surfing the web. Thanks to this browser, users will enjoy the content they like without annoying ads.

At the moment, BAT is in 32nd place in the ranking and costs $0.14. The cryptocurrency is expected to start growing in about a year.

Bitcademy Football (BTMG)

Bitcademy Football (BTMG) is a new cryptocurrency that brings blockchain to the world's most popular mass sport - football. With the help of modern technological advances, Bitcademy helps to promote and raise funds for young players who dream of becoming the next Cristiano Ronaldo or Lionel Messi. It is announced that this cryptocurrency will help football fans take part in investing and shaping future football stars.

ICO pre-sales started on March 1 and will end on May 31, 2019. BTMG is a utility token on the Ethereum platform. The founder of Bitcademy is Tomasz Krzystek, an experienced project manager known for his IT projects around the world.

Finally, I would like to talk about a couple of completely new projects that have not yet been launched, but have already been announced for mid-to-late 2022, and could potentially become successful this year or next. We'll talk about Wulet and GOeureka.

Zcash is a completely anonymous cryptocurrency

The idea behind Zcash is sure to appeal even to those who do not use the Darknet (anonymous Internet) to make purchases. This blockchain is created for people who want their transactions to remain private. This adds value to the coin from an investment perspective, and it will only grow as the dark web continues to evolve.

At the moment, Zcash costs $58.1 and is in 21st place in the world cryptocurrency ranking.

Which coins will definitely grow - the opinion of crypto experts

There are several thousand “coins” on the digital money market and each of them is attractive in its own way. Making thoughtless purchases is risky, and if the list above is not enough to form an investment “portfolio,” then you should pay attention to other promising tokens.

According to analysts, these cryptocurrencies will grow in 2022:

Cosmos (ATOM). A young “coin” that once grew from $0.2 to $16. Capitalization exceeds $800 million. Experts talk about the prospects of the technology and global updates this year.
BitTorrent (BTT). Cryptocurrency has caused a real stir in the community. Immediately after the launch of the project, the reputable exchange Binance added the ability to buy tokens. During its initial offering, BTT raised $7 billion. Capitalization is gradually growing.
Beam. Tokens are not mined through ASIC, so it will not be possible to collect them in industrial quantities. The cryptocurrency operates on a high security protocol that has not previously been used in other altcoins. The absolute maximum rate of $10 quickly gave way to an adjustment to $1–2. Now it is profitable to buy this cryptocurrency and track the dynamics in the long term.
Waves. A confident average player that is present in the “portfolios” of many investors. The developers are talking about large-scale work on the project, improvements should have a positive impact on the course. Now there is a drawdown, so you can buy several hundred tokens for $0.9.
OmiseGo (OMG). A popular “coin” with a capitalization of more than $90 million is powered by Ethereum. Cryptocurrency is supported by Vitalik Buterin and some global corporations. The cost of OMG reached $26, and now the bar remains at $0.6.

If the question of whether it’s worth investing in cryptocurrency is still relevant, despite the success stories of different investors, then let’s move on to the most “delicious” rating with undervalued tokens.

Monero is another private cryptocurrency

Monero is a great alternative to Zcash. This coin is also anonymous and boasts sophisticated transaction schemes that include hidden addresses that keep transactions private. Monero enjoys strong community support as it is based on the principles of decentralization and privacy, which are key values for investors and traders.

Monero is designed so that the ASIC will not have much technological advantage over regular computers. This makes Monero mining easy for any user.

The 13th cryptocurrency by market capitalization, Monero (XMR), is now worth $56 and has every chance to rise in price.

Synthetix Network Token

Cryptocurrency Synthetix Network Token. Photo: bitbetnews.com

Token (SNX) designed to simplify transactions on the Synthetix platform. SNX is more of a technical cryptocurrency. It is used to create Synths, which are used on the Synthetix network to track the value of any underlying asset.

Between January and April, the price of one SNX token reached a maximum of $0.07. However, since May, the rate of the digital currency began to rise in price. The only significant decline occurred on November 26, when the entire cryptocurrency market experienced a serious financial decline.

Overall, SNX has increased in value by more than 200% since the start of 2022. The cryptocurrency is currently trading around $1.26.

Skycoin – third generation cryptocurrency

Bitcoin and Ethereum are the first cryptocurrencies, so they have a number of disadvantages. The Skycoin cryptocurrency was developed to eliminate all the shortcomings of the first coins and completely replace Bitcoin and Ethereum. Skycoin has the following advantages:

High speed of transaction confirmation. If in Bitcoin it takes minutes, then in Skycoin it takes several seconds;
Complete decentralization. Initially, it was planned that the Bitcoin network would be controlled by thousands of miners from all over the world, but in reality it turned out that almost all the coins are concentrated in the hands of the three largest mining pools. Therefore, Skycoin developers abandoned mining. Users will receive coins for their contributions to the development of the network;
Reward for active network participants. Skycoin owners will be awarded coin hours depending on the time the coin is in their wallet.

In addition to the Skycoin cryptocurrency itself, developers are also working on the following applications:

Skywire is a new decentralized Internet where users are rewarded for using it. It is designed to replace MPLS, IPv4/IPv6, OpenFlow, Tor, I2P;
Skyminer is the hardware that powers the decentralized Internet. Participants are paid to provide bandwidth, storage, and processing power;
CXO is a P2P cloud service serving the Skywire distributed network. It will replace IPFS, FileCoin, BitTorrent, Mega, Dropbox and Google Drive;
Sky-Messenger - analogue of Telegram, Skype and WhatsApp;
BBS is intended to replace Twitter and Facebook.

The Skycoin project can be an excellent alternative to the traditional Internet. At the moment, Skycoin costs $0.97 and occupies a modest 197th place in the ranking. Investing in Skycoin could be one of the most promising investments in 2022.

See also TOP 5 brokers for cryptocurrency trading.

conclusions

We reviewed the most promising cryptocurrencies for investment in 2022. You can buy cryptocurrency profitably on Binance, the most popular cryptocurrency exchange. You can see a detailed overview of the exchange here. Regardless of which cryptocurrency you decide to invest your money in, before purchasing, carefully study all the information about the coin and its developers, and also visit its community forum. Once you buy a cryptocurrency, be patient and wait until it increases in value. Have a profitable trade!

See also TOP 5 best crypto bots for crypto trading.

Cosmos

ATOM cryptocurrency. Photo: bitok.blog

Cosmos (ATOM) is a decentralized network consisting of different blockchains that are independent, scalable and interoperable. The platform has attracted attention throughout 2022, especially after the cryptocurrency associated with the ATOM network skyrocketed in price.

For comparison: in January, the cost of this crypto asset was $0.001. Now the cryptocurrency can be bought for $4.64.