Aside from Bitcoin, invest in top cryptocurrencies to secure a good ROI this fiscal year, 2022.
Due to the growth of hundreds of cryptocurrencies, crypto investors are very interested in the unpredictable cryptocurrency market. Cryptocurrencies are gaining popularity due to their ability to provide seamless transaction payments in a short amount of time. With a CAGR of 7.1 %, the worldwide cryptocurrency market is expected to reach US$2.2 billion in 2026. Apart from Bitcoin, the most popular cryptocurrency in the world, there a plenty of other cryptos with promise. Except for Bitcoin in 2022, crypto investors must seek for other top ten cryptocurrencies with superior potential to drive profit in crypto wallets at some point during the investment.
The Top ten cryptocurrencies in 2022
Ethereum
Current price: US$2,533.50
Market cap: US$303,662,239,185
Ethereum, the second most popular cryptocurrency, is a high-risk entry into the cryptocurrency market thanks to plenty of smart applications. It's the first programmable blockchain in the world, and it's based on Bitcoin's ingenuity. Ethereum 2.0 is expected to address all of Ethereum's issues in order to provide seamless services to crypto investors, allowing them to benefit from their crypto wallets.
Solana
Current price: US$82.27
Market cap: US$26,154,344,115
Solana is a popular cryptocurrency that enables ecosystem project composability in order to keep a single global statistic. The finest teams employ it because it has the ability to alter the bitcoin ecosystem. It's a free and open-source protocol with block times of 400 milliseconds.
Cardano
Current price: US$0.8133
Market cap: US$27,387,396,873
As a proof-of-stake blockchain platform, Cardano is one of Ethereum's and Bitcoin's main competitors in this highly volatile cryptocurrency industry. This cryptocurrency combines cutting-edge technologies to provide DAapps with unrivaled security and long-term viability. The token is intended to allow crypto investors to take part in the network's operations.
Tether
Current price: US$1.00
Market cap: US$80,035,202,402
Tether is a cryptocurrency whose value is tied to the value of the US dollar in order to retain its reputation as a stablecoin, allowing crypto investors to profit from their crypto holdings. This promising cryptocurrency outperforms Bitcoin in terms of its ability to be used as a digital currency.
Binance Coin
Current price: US$374.76
Market cap: US$61,879,819,091
Binance Coin is a cryptocurrency that is part of the world's second-largest cryptocurrency exchange, with a rapidly rising user base. Other than Bitcoin, this promising cryptocurrency may be traded and used on an exchange platform efficiently and effectively. Binance is gaining popularity for making the cryptocurrency market a safe and competitive place to conduct business.
USD Coin
Current price: US$0.9998
Market cap: US$52,740,904,145
USD Coin is a stablecoin that is linked to the US dollar. Cryptocurrencies like USD Coin give crypto investors the confidence to participate in the turbulent cryptocurrency market and benefit in a calm and steady manner. ERC-20 smart contracts are used to secure the tokens.
XRP
Current price: US$0.7402
Market cap: US$35,492,254,257
XRP is one of the most popular cryptocurrencies for helping crypto investors make money in addition to Bitcoin. It's a digital asset designed for payments that can be sent without the need for a central authority. It serves as the most dependable cryptocurrency, with the ability to provide liquidity on demand.
Terra
Current price: US$80.33
Market cap: US$29,510,083,210
With its assets, Terra is renowned as the leading cross-chain protocol in the worldwide cryptocurrency industry. This coin is a well-known open-source public blockchain protocol that serves as the foundation of a decentralized economy.
Avalanche
Current price: US$72.87
Market cap: US$19,358,696,719
Avalanche is a famous cryptocurrency that is gaining traction as a crypto with long-term potential in 2022 and beyond. It contributes to the creation of a unified global financial market for the seamless transaction of digital currency. This promising cryptocurrency is notable for its proof-of-stake consensus process, which allows DApps to be developed to improve the platform.
Polkadot
Current price: US$16.36
Market cap: US$16,158,921,627
Polkadot offers cross-blockchain transfers, allowing crypto investors to interact with a wide range of blockchains in the Polkadot network. It also ensures economic stability, which is necessary for transactional stability and profit in crypto wallets.
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Note: Cryptocurrency markets are highly volatile and your investments are at risk.