TOP 5 CRYPTOCURRENCIES TO INVEST IN BEFORE 2022

Cryptocurrency is becoming popular as many businesses accept bitcoin as a legal tender. Bitcoin is the first and best-known cryptocurrency of all time. But there are many other popular cryptos, which are now getting attention. If you are planning to invest in these digital currencies but are still confused about choosing the right coin, you are at the right place.

Some prominent coins are hitting on the top list of the crypto. As time moves fast, the cryptos currencies are getting more and more value. It is the right time to invest in one of these top five cryptocurrencies before the new year starts. You will not regret it.

• BITCOIN

When we talk about crypto, the first name that hit us is bitcoin. The “world’s top crypto coin” was started in 2010, and until 2020, its price has soared almost 300%. It is the most reliable currency till now, although any government does not back it. Any commodity doesn’t own it, but still, it offers less fess than traditional payment methods.

• ETHEREUM

After Bitcoin, Ethereum is the second-best cryptocurrency to buy. It was started in 2015, and by the year 2018, it traded at more than $3800. Ethreum, just like Bitcoin, accounts for more than 19%, which is a rare achievement.

Ethereum is different from Bitcoin in its functionality as it is more prevalent among developers. It is a platform for decentralized applications; Any commodity does not own the most popular blockchain in technology.

• POLKADOT

Polkadot is the next generation ambitious project. The purpose of Polkadot is to connect blockchains and start a new era in scalability as it enables cross-blockchains. The founder of Dot Gavin Wood is a known personality in the blockchain industry. Polkadot is winning the trust as its growing fast. Dot is the winning champ of the altcoin arena as it has reached the top crypto chart.

• CARDANO

Cardano is a fast-moving blockchain platform which is grown faster since its creation in 2017. It has been getting famous due to its technical competency in the blockchain. Cardano is better than bitcoins in that it can handle thousands of transactions that Bitcoin or no other cryptocurrency could achieve yet. Currently, Cardano is ranked as the 8th largest cryptocurrency.

• SOLANA

Solana has been considered a rival of Ethereum due to its fantastic, more prevalent price rise. The success story of Solana is outstanding during the year 2020. It started with 0.01% this year and reached among the top 10 cryptocurrencies.

THE BOTTOM LINE

The face of the economy is changing quickly. The technological transformation of businesses and the introduction of digital currency is taking us to a new era. However, it is still an acquisition whether cryptocurrency is reliable or not. It seems risky to spend here, but mining various crypto coins can double your investment in the coming year.