Currently, there are over 18,000 cryptos available in the market. Thus, it has put many crypto investors in a dilemma. In addition, the market volatility makes it more challenging to choose the best crypto coins for investment. After the Russia-Ukraine war, the market has taken a sharp jump that led to increased crypto prices. Therefore, at this time, selecting the best cryptos is no less than a tussle.
Therefore, to help you with this difficulty, this article has featured the top 5 promising cryptos you can invest in 2022. After a great deal of sweat, we have put forward these cryptos for you.
The list of best cryptos
While operating in the crypto market, it is essential to know about your platform. Since the crypto exchanger works as an anchor between you and the crypto market, you must know which cryptos your exchanger is dealing with.
Not all platforms deal with every cryptocurrencies; thus, you must select with caution. Nonetheless, Bitcoin Prime is a crypto exchange that deals with almost every cryptocurrency. Therefore, you have a high possibility of earning some great profit on this exchange.
Now let us look at the list of cryptos that can help you yield high returns in upcoming years:
Bitcoin (BTC)
Bitcoin has shown the most promising and significant growth over the year. When it launched, the price was just $1, but look now, it is $46,436.60. And with this price, bitcoin has become the largest contributor to the crypto market. In experts’ options, it will soon cross the $50,000 mark.
Moreover, we have also seen that various industries are accepting cryptos, especially bitcoin, as a payment. Therefore, investing in bitcoin will not just help you to earn a profit, but you can use this coin for multiple purposes.
Ethereum (ETH)
Ethereum is not just the most promising crypto coin but also beginners-friendly. The current price of an Ethereum coin is $3,375.71. Also, you should know Ethereum is the second-largest contributor of the crypto market.
Dogecoin (DOGE)
We all have heard the name of this crypto coin, but do you know this coin was initially created as a meme or what we call parody? Yes, you have heard right, but today it has a stronghold in the crypto market. Although Dogecoin launched in 2013, its price skyrocketed only in 2021. Currently, the price of Dogecoin is $0.14; thus, anyone new to the market can invest in this coin.
Solana (SOL)
Solana was officially launched in March 2020 by the Solana Foundation, with headquarters in Geneva, Switzerland. It gives excellent competition to Ethereum; because its main motive is to eliminate major cryptos like Ethereum. The price of Solana is $9,302, a step ahead of Ethereum.
Cardano (ADA)
Cardano uses a technology called Ouroboros, a peer-reviewed blockchain protocol. Thus it makes this crypto the most secured coin in the market. Since it offers a multi-asset ledger and verifiable smart contracts, therefore we will highly suggest you invest in this crypto coin. Its current price is $1.19
Here are some more crypto coins that you must watch out for
- Binance Coin (BNB)
- Axie Infinity (AXS)
- Terra (TRC)
- Shiba Inu (SHIB)
Final thoughts
From the above analysis, we can say that now is the best time is the best time for crypto investment. Thus, don’t wait; go and invest in the cryptos we have listed in this article.