It’s the first quarter of 2022 and people are asking if cryptocurrency investment is still a hot trend these days. In fact, the cryptocurrency market has seen impressive growth for the past decade. And this year, this industry is expecting to see it reach new heights. There are so many crypto investors that are currently looking into the best cryptocurrencies to invest in this year. Here are the top five choices.
Since it was launched back in 2009, Bitcoin remains to be the number one cryptocurrency in the crypto market. Now in 2022, Bitcoin is still the largest cryptocurrency even though there are hundreds that have been added to the list. Because of its durability and time-tested results, Bitcoin continues to be one of the best cryptocurrencies to invest in this year.
Next in line is Ethereum. This is another popular cryptocurrency that crypto investors should consider. Ethereum is about 20% of the overall market. And this might be the best year for this cryptocurrency. Just behind Bitcoin, this is believed to be rising to the top this year. With Ethereum 2.0, its launch will deal with the problems that the cryptocurrency is currently facing, specifically to the transaction speeds.
This is very similar to Ethereum. It was launched in 2020. Polkadot might still be in its infancy in this industry, but it is already making waves among investors. Polkadot allows developers to create smart contracts. It connects to different blockchains in order for them to work together. This way, it creates interoperability with these blockchains. That is why it is growing so quickly and is expected to reach new heights in the future.
This cryptocurrency was launched back in 2017 by Binance Exchange. This quickly became one of the most popular cryptocurrency trades under the BNB symbol. In fact, this has become the most sought-after coin in the Binance chain. And this year, the Binance coin is expected to be bigger as more investors are interested to put their money on it. As long as investors have a hassle-free experience with Binance coin, this cryptocurrency would see more movement in this market.
This is another cryptocurrency that currently seeing an upward trend in the market. DOGE was introduced back in 2013 and since then, it has risen in popularity. And even today, this is considered to be having one of the most established loyal fanbases. What makes it one of the most preferred out there is that it accepts almost every form of payment.
Investing in cryptocurrency is still going strong. In fact, it is now even easier to do so. But of course, having knowledge about what you are getting yourself into is crucial. So if you want to learn more about crypto investments, then go ahead and visit https://bitcoin-how.com/. Here, you can find articles and guides that will help kickstart your cryptocurrency investment journey. And before you start, you can start by learning a little bit more about the top five cryptocurrencies mentioned.