What crypto should I invest in?
Following are the 5 Best cryptocurrency to invest in 2022 which are worth invested and can give you high profit.Bitcoin
The world’s first cryptocurrency, Bitcoin uses blockchain technology which is peer-to-peer technology to operate with no central authority or banksMiners contribute computing power through the Proof-of-Work (PoW) consensus mechanism to facilitate transactions on the network.
Reason to buy Bitcoin: Started in 2009, its currenct market value is approximately $43k touching the highest value of $63k and expected to grow till $100k.
Ethereum
Being the second biggest cryptocurrency, Ethereum is a decentralized platform that runs smart contracts, which are essentially applications that run exactly as programs without any possibility of censorship, fraud, or third-party interference. 2022 could be the year that Ethereum starts a rise to the top. However, It accounts for around 20 percent of the overall market.
The highest value of ETH is recorded as $4800 in the last year. However, with the recent interesting announcement of ETH going green has triggered market attention. The plan involves an upgrade that will aim to reduce the Ethereum network energy use by over 99%.
Cardano
Cardano calls itself the "first third-generation cryptocurrency." Like Ethereum, it aims to be a platform on which people can create smart contracts.
Current costs : $2.07
market capitalization: $69 billionPolkadot
Polkadot is New crypto to invest in which attracts traders' attention to follow up.
Polkadot Features:
True interoperability – Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens which makes it unique from the rest of the crypto coins.
Economic & transactional scalability – Polkadot provides transactional scalability by spreading transactions across multiple parallel blockchains.Current price: $40.67
Market cap : $40,168,393,779
Another Best coin to invest in is Cosmos
Cosmos is a decentralized network of independent parallel blockchains, each powered by BFT consensus algorithms like Tendermint consensus.
Firstly, Tendermint BFT combines blockchain layers into a generic engine, letting the team focus on software development rather than the underlying protocol.
Current Cost: $28.19
market cap:$8,078,278,123
Comments
Post a Comment