TOP CRYPTOCURRENCIES TO INVEST IN 2022

in crypto •  3 years ago 
  1. Bitcoin (BTC)
    Bitcoin is overall the top crypto to buy as a beginner. Have you wondered if you can buy Bitcoin despite its expensive price? If you’re just starting in the crypto asset space for the very first time – Bitcoin could be the most undervalued crypto to buy today. This is because the leading crypto is a lot less volatile. After all, BTC is the biggest crypto asset in terms of market capitalization.

In terms of price and valuation, Bitcoin has been stuck in a consolation period over the first few months of 2022 – sitting between pricing levels of approximately $38,000 – $42,000. With that said, According to Bitcoin price predictions, BTC is expected to reach above $75,000 by the end of 2022. So if you’re looking to buy and hold cryptos for the long term, you might want to consider investing in Bitcoin.

Another important benefit of buying Bitcoin is that the leading digital currency can be fractionated. This means that you can buy just a small fraction of one Bitcoin unit.

For example, if Bitcoin was priced at $50,000 and you decided to invest $50 – you would be purchasing 0.1% of one coin.

This is ideal for those looking to gain exposure to Bitcoin for the first time without depositing large amounts of money.

  1. Ethereum (ETH)
    Ethereum is the de facto choice of the best cryptos to invest in 2022.

Most cryptocurrency projects analyzed in this article are built on top of the Ethereum blockchain. This seems to be the case with virtually most of the meme coins and metaverse projects that we came across today – so Ethereum should also be considered if you wish to invest in the crypto market.

Put simply, if you are ready to invest in Ethereum for the end goal, despite the potential risk, Ether has proved to be a good investment. It has the potential to outpace any other investment in the long run.

Ethereum has also experienced a tremendous hike in its price. From 2016 to early 2022, its price went from about $10 to over $3,550, increasing more than 32,000%.

Analysts estimate that the value of Ethereum (ETH) has plenty of room for growth ahead and investing in Ethereum is a good decision for the long-term. Therefore, it could be a good time to buy and hold Ethereum while the digital asset is currently undervalued.

  1. ApeCoin
    Another top crypto to invest in now is ApeCoin. The gaming coin was launched in 2022 by the team behind Bored Ape Yacht Club. For those unaware, this is a platform that’s made up of 10,000 one-of-a-kind collectible Bored Ape non-fungible tokens (NFTs). This coin offers some of the best altcoins to buy, all of which are based on the Ethereum blockchain.

ApeCoin is an ERC-20 cryptocurrency with governance and utility features. This top cryptos’ price was at around $6.40 when it was first launched in early 2022. Within hours, APE prices were trading for around $42 per token. At the time of writing, the shitcoin’s price is around 55% below this figure.

To explain what the ApeCoin project does, it was developed as a Metaverse crypto project. The crypto is can be used for making online purchases via Shopping.io. This allows users to access products from eBay, HomeDepot, Amazon, Walmart, and more. Payments are processed by crypto exchange Coinbase.

The interesting part is that ApeCoin users receive a 2% discount when making online purchases with this coin.

ApeCoin is one of the best cryptos to buy according to most ApeCoin price predictions. You could also diversify by adding it to your portfolio.

  1. Binance Coin (BNB)
    Another crypto to add to your watchlist in BNB. Binance is the world’s largest cryptocurrency exchange in terms of trading volumes and number of users. The crypto exchange also has its native crypto asset – BNB, which allows users of its exchange to benefit from paying fewer commissions.

Binance coins can also be used for investing, payment processing, and booking travel arrangements. It can also be exchanged for other forms of cryptocurrency assets, such as Ethereum or Bitcoin.

BNB is also the digital token that is used to support the Binance Smart Chain, which is home to a range of undervalued crypto tokens.

With that said, the price of the Binance Coin has taken a beating in recent months like the rest of the major crypto coins. The token has dropped below the $410 mark several times in 2022 already, which represents a discounted purchase price of over 45%.

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  1. Uniswap
    The next crypto to consider is Uniswap. Primarily, Uniswap is home to a popular decentralized exchange that allows users to buy and sell digital currencies without requiring a centralized third party. This popularity has since resulted in Uniswap surpassing a market capitalization of $5.70 billion as of early 2022.

With that said, Uniswap has since expanded its business model by creating an online marketplace in conjunction with the NFTs and metaverse. Not only will this immerse the cryptos trading experience, but by offering its marketplace via the Uniswap network, buyers and sellers will be able to transact in a decentralized manner.

According to Uniswap price predictions, the coin is expected to reach $18 per token in 2022. With that said, the token now represents a discounted purchase price of over 60%.

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