Top 4 CryptoCurrency to Buy in 2022
Are you also thinking to buy cryptocurrency in 2022? Before making any investment in crypto, it is essential that you understand the risks associated with crypto. Investing in crypto is very volatile. You should invest only that amount in crypto which you can afford to lose.
Before making any investment in crypto, do keep these points in mind and research more-
- What is the market capitalization of crypto? what is the public base? How many users are using this crypto?
- what are the charges that crypto is charging to its users?
- What are the services that it is providing? What are the other crypto players in the same services?
- What are the problems that crypto solves and how this crypto can achieve this?
- what is the volatility?
- Try to invest in crypto when it is down.
Here are some cryptos, that I have researched, and I would like you to go through this article and share your views on these cryptos.
Fantom is essentially the decentralized and permissionless, open-source smart contract platform for decentralized applications (dApps) as well as digital assets. It went live in 2019. Its network architecture aims to balance security, scalability, and decentralization. Transactions on Fantom are finalized in a second and cost a fraction of a cent.
Its market cap is $3.69 Billion. In 2 years, it has delivered over 67000 % returns. Should you give it a buy call? You can find more info about fantom here.
Chainlink decentralized oracle networks provide tamper-proof inputs, outputs, and computations to support advanced smart contracts on any blockchain. Chainlink is an open-source technology that is collectively developed by a large community of developers, researchers, and users who share the goal of building Chainlink into a public good for the benefit of the entire blockchain ecosystem.
Its current market capitalization stands at $7 Billion. It has delivered more than 10,000% returns in 4 years. You can read more about chainlink here.
3. Shiba Inu
Shiba Inu is an Ethereum-based altcoin or meme coin that features the Japanese dog breed Shiba Inu as its mascot. It is a token that is It does not have its blockchains. It is created on top of the existing Ethereum-blockchain. The Shiba Inu ecosystem consists of three tokens: Shiba Inu (SHIB), Leash (LEASH), and Bone (BONE). The SHIB token is the most prominent component of the Shiba Inu ecosystem. Shiba Inu supports smart contracts, allowing users to lend and stake them, earning passive income in the form of recurring fees.
Its current market capitalization is $13 Billion. It has delivered more than 43211196% returns in 1 year. You can read more about Shiba Inu here.
Algorand is a robust decentralized blockchain platform that offers a wide range of use cases from entertainment to finance and sports. Reasonably the use cases of Algorand are endless, as evidenced today by the numerous organizations building solutions on the Algorand platform. The healthy associations of multiple organization on the Algorand platform has enabled significant steps in the fields of Global financial technology, Decentralized smart contract exchange, Private Investing Platforms, Digital Securities Exchanges, Financial asset governing through Decentralized Autonomous Organization, and Crypto lending solutions among others. The Algorand network operates at a satisfactory level of efficiency as it can process up to 1 million transactions a day and does so at a fast pace. The charges on the ALGO coin are fair.
Its current market capitalization is $5.278 Billion. It has delivered more than 646% returns in 2 years. You can read more about Algorand here.
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