10 Best Cryptocurrencies for Beginners to Invest in 2022 :
- Bitcoin (BTC)
The most well-known cryptocurrency worldwide is Bitcoin. Because there is so much information available about it, it is the ideal cryptocurrency for beginners. It was the first coin ever created, and its entire market cap has risen to almost $800 billion.
Most significantly, BTC is frequently the primary force behind other digital coins. When Bitcoin increases, they typically do too, and vice versa. Additionally, the majority of brokers and exchanges online offer Bitcoin. It has also seen a great deal of success as its price has increased through time, going from less than $1 to a high of approximately $70,000.
- Ethereum (ETH)
In terms of blockchain technology, Ethereum is a titan. It is a platform of the second generation with smart contract capabilities. These tools enable individuals to create further decentralised applications (dApps). Today, Ethereum's platform has been used to create 80% of all blockchain applications.
For instance, Ethereum was used in DeFi to create well-known platforms like AAVE, Curve, Maker, and Compound. Similar to this, Ethereum was utilised to create well-known platforms like OpenSea and Axie Infinity in the non-fungible token (NFT) sector. The metaverse, where it was used to create Decentraland, operates similarly.
All of this has taken place as Ethereum deals with fierce competition from projects like Terra, Solana, and Avalanche. As the network transitions to proof-of-stake, there is.
3.Dogecoin (DOGE)
Another cryptocurrency that is suggested to novices is dogecoin. It is a coin with a similar objective to Bitcoin in that it facilitates the transfer of funds. Although DOGE was initially intended as a joke, it now plays a crucial part in the sector.
Its notoriety is attributable to Elon Musk, the richest man on earth, who has championed it. Dogecoin is increasingly widely used for various transactions, including tipping at hotels.
Dogecoin has a long growth trajectory and is a good cryptocurrency for newcomers due to its low pricing. Given that one DOGE costs $0.144, one may purchase 694 coins for merely $100. Find out where to purchase Dogecoin here.
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