1. ETH – Ethereum
Both a cryptocurrency and a blockchain platform, Ethereum is a favorite of program developers because of its potential applications, like so-called smart contracts that automatically execute when conditions are met and non-fungible tokens (NFTs).
Ethereum has also experienced tremendous growth. In just over five years, its price went from about $11 to over $4,700, increasing over 42,000%.
2. BNB – Binance Coin
The Binance Coin is a form of cryptocurrency that you can use to trade and pay fees on Binance, one of the largest crypto exchanges in the world.
Since its launch in 2017, Binance Coin has expanded past merely facilitating trades on Binance’s exchange platform. Now, it can be used for trading, payment processing or even booking travel arrangements. It can also be traded or exchanged for other forms of cryptocurrency, such as Ethereum or Bitcoin.
3. SOL – Solana
Solana is the best cryptocurrency to invest in 2022 in the long term. In the last 30 days, its price has increased by 300%, and it is ranked #7 with a market cap of $51.8 billion as of November 2021. It currently competes with Ethereum and Cardano for the best smart contract functionality. The main reason behind SOL’s success is its native NFTs marketplace.
What makes SOL a great investment for 2022?
- Solana’s popularity increased when it introduced Degenerate Apes, a collection of NFTs that featured costumed apes.
- Solana has attracted more than 400 projects, with the majority being DeFi projects.
- It is widely considered as an alternative to Ethereum. It may not crush ETH but offers plenty of competition to it.
- It has a processing time of 50,000 TPS and a cost of $0.01 per transaction.
4. TabTrader Token (Symbol: TTT)
TabTrader has ambitious plans for TabTrader Token, including the possibility of running trading competitions with prizes offered in the native token. Another plan is to allow trade mining, which would allow users to receive a token per each trade they make on the platform.
5. Ripple (XRP)
Ripple is based on an open-source blockchain known as the XRP Ledger. Its transactions are processed rapidly (3 seconds) with minimal energy consumption. Launched in 2012, XRP has grown significantly to attain a market value of more than $51 billion.
XRP is the best penny cryptocurrency to invest in 2022. When it comes to performance, XRP is exceptionally volatile. When it was first announced in 2013, it traded at $0.005. It has a current price of $0.89. It is predicted to reach the $3 mark in 2022.