The cryptocurrency industry is growing at an exponential rate. There are now over 1500 different cryptocurrencies on the market, and many of them have done well since their inception. If you’re thinking about investing in any of these coins, then you should be looking for one with a lot of growth potential – something that will dominate the world’s markets in 2022.
In this blog post, we’ll discuss top cryptocurrencies that have all shown signs of being able to take control of the world’s markets by 2022.
Let’s take a look at these cryptocurrencies.
- Bitcoin
Bitcoin is currently the most popular cryptocurrency in the world. It was first released in 2009 and has since seen a significant increase in value. In 2017, one Bitcoin was worth around $1000, but by the end of 2018, its value had skyrocketed to over $10000. While this may seem like a lot, experts believe that Bitcoin still has a lot of potential growth left. Many investors are predicting that by 2022, one Bitcoin will be worth at least $25000. Bitcoin Era platform is the best when it comes to trading bitcoin.
- Ethereum
Ethereum will continue to be a dominant force in the cryptocurrency market. Its platform has created over 800 new forms of cryptocurrencies, some on top of Ethereum and others that run on it. New coins are being added every day, so there is still room for growth.
- Tether
Tether is a cryptocurrency that has been around for a few years now. It is unique because it is the only coin pegged to the US dollar. This means that one USDT will always be worth $US$ and can be used for trading, investment, and more. Because of its stability, Tether is quickly becoming a favorite among investors and traders alike. Many believe that Tether will be the dominant cryptocurrency by 2022.
- Binance Coin
Binance Coin is the cryptocurrency that will dominate the market in 2022. It has a strong community and developers who are constantly working on new features for the coin. Binance Coin also has a low transaction fee, making it perfect for everyday use. You can buy Binance Coin on any major exchange, and it is quickly becoming one of the most popular cryptocurrencies in the world. Make sure to add Binance Coin to your portfolio in 2022.
- Solana
The new generation blockchain Solana is a high-performance, distributed computing project that aims to solve the scalability problems of existing blockchains. It uses Proof-of-History as its consensus algorithm and has an efficient multi-threaded architecture which allows it to process over 8000 transactions per second. This makes Solana ideal for dapps on an enterprise scale with real-time requirements.
- Cardano
Cardano is one of the top cryptocurrencies that has been on a steady rise since its launch in 2017. It’s up by more than 65% this year, and many experts believe it will continue to grow next year as well. This coin, ranked number six according to market capitalization, uses a unique protocol developed for ADA smart contract platforms with an academic focus.
The Bottom Line
The cryptocurrency market is very volatile. The top cryptocurrencies are always changing as new coins enter the industry and older ones fade away or break after seeing their prices drop. While many people have been skeptical about crypto over time due to the instability, others remain optimistic because they believe one coin manages to become dominant over all other forms of cryptocurrency.