Top 10 CryptoCurrencies you must Hodl In 2022

top 10 cryptocurrencies you must hodl in 2022

The year is rounding up and a lot happened in the crypto market, we strongly believe that in 2022, the crypto market is going to experience exponential growth. If you want to make huge profits in 2022, you must be willing to expand your crypto portfolio and hodl some or all of the cryptocurrencies in this article.

These top 10 crypto-currencies to hodl in 2022 were curated from research and careful market analysis.

 

Let me start by saying this, if you’re a crypto newbie reading this content, you will find everything in this article very helpful. If you’re looking for insight for your crypto investments,  get ready to get a lot of them here. If you’re also looking to just gain a little more knowledge to add to what you already know about the crypto market, dig in and grab as much as you can hold.

A cryptocurrency is simply a digital currency, virtual currency this means you can’t see, feel or touch this currency. Cryptocurrency is run by a decentralized system that uses cryptography. This system makes it very difficult to make a counterfeit or fake it’s currency.

Cryptocurrency has become popular especially among people who are looking to make long-term investments and short-term investments, profits.

Top 10 Crypto Currencies To Invest in 2022

With the advancements and development in recent times, there has been the creation and there will still be creations of more cryptocurrencies in the world. The deal isn’t about the cryptocurrencies but picking the one to invest in. You must also be aware that when investing you automatically become responsible for monitoring the crypto market with consistency, this is so you know if your target has been attained. Whether it’s a short-term investment or a long-term investment, you must consistently monitor the market.

If you are looking to invest in cryptocurrency in 2021 here are the top 10 cryptocurrencies that would be befitting.

Bitcoin (BTC)

Bitcoin is the first on our list. Everybody knows and has heard of Bitcoin even though some people don’t know what it is. If you’re looking to invest in cryptocurrency, Bitcoin should be top of your list. Bitcoin accounts for more than 40 percent of the crypto market cap. Apart from being the highest crypto coin in circulation, Bitcoin is looking to make more moves to higher grounds as speculations show that it would soon become a means to store value in the corporate world. This speculation came as a hint when Tesla Inc. purchased about $1.5 billion worth of Bitcoin. This tells you that Bitcoin has not reached its end. If you’re looking to invest then this is your top call.

Ethereum (Eth)

Closely following the Bitcoin stock in the ranks is Ethereum which has also been called, labeled a blue-chip asset. In the entire crypto market, Ethereum accounts for about 20 percent of the crypto market cap and also looks to make more moves to higher ground. One of the major reasons that Haas made Ethereum rank this high is the fact that it works as a platform for Defi which is Decentralized Finance. This coin has become the go-to platform for developers when they want to create decentralized Apps or DApps. Ethereum is also a go-to platform for new technologies. Investing in Ethereum shouldn’t be a tough call to make, it will be worth it.

Solana (Sol)

Beginning the year 2021 with 0.01% of the crypto market cap, Solana has made its way to join the top ten cryptocurrencies by market cap. What an amazing success call, a  victory story indeed.

Solana’s ranking as part of the top ten cryptocurrencies by market cap was one of the greatest shocks that hit the crypto world and the world generally. Who expected that a coin with little or no effects would grow to such height in a short period?

Analysts have said if there’s a coin investor should go for, it should be Solana because it has attained a certain height of stability in the crypto market cap. One key reason for its fast growth is the fact that it was created to help developers create decentralized apps or DApps just like Ethereum. Good enough, developers have said the Solana network is faster than that of Ethereum for creating decentralized apps or DApps. Here’s one coin you should get if you’re looking to invest in cryptocurrency in 2021.

Dogecoin (Doge)

Dogecoin has become one of the most regarded coins in the crypto market. Originally this coin was created as a joke so analysts labeled it a meme coin. A Meme coin is considered to be of no value and to worsen matters a Meme coin is said to lose value as time goes on. Amazingly this coin attracted so much attention and beat its counterparts to rank among the top ten cryptocurrencies in the world. This ranking comes from the market cap that each coin has. What other victory is greater than one that is not expected. Dogecoin is one good investment for the year 2021.

Binance Coin (Bnb)

The Binance coin, though silent has been one of the very few cryptocurrencies that proved strong and rose to its peak in a short space of time. Analysis of this coin has shown a consistent upward trend since 2017 when all cryptocurrencies rose to their peak. It’s been regarded as one of the most stable coins among all cryptocurrencies. More than ever Binance coin has shown an amazing upward trend this year. Stability is one way to show it’ll be a good ride if invested in.

Cardano (Ada)

Just like Binance coin, Cardano is one very silent but appealing cryptocurrency. It has made impacts in the market even though not very loud but analysis shows that Cardano is one of the best cryptocurrencies to invest in in 2021. It is cheap and unlike Bitcoin, its transactions are faster. The catchy point about Cardano is the fact that it is safer and keeps getting safer as it improves on its security, this means this platform is consistently making faster moves so hackers don’t get into it.

XRP (Ripples)

According to speculations and insider information, this cryptocurrency is gunning to be an Ethereum killer. This platform was developed by the founders of Ripple, the reason why the XRP is also called Ripple. This is one platform that allows for exchanges and transactions between fiat currencies and crypto. If you’re looking to invest in crypto 2021, then this one coin you should have on your list.

Polkadot (Dot)

I want to call this coin “the breakaway coin” and I’ll tell you why. The creators, developers of this platform, used to be part of the top leaders of the Ethereum platform. These people looking to make a platform with a better network and better transaction channels created Polkadot. It has proven to be better and faster with transactions as it doesn’t have just one transaction channel but several transaction channels.

Tether (USDT)

Ranking as the fourth-largest cryptocurrency by market cap, Tether is one sure good investment to make in 2021. Tether has shown stability as its value has been seen to be consistently tracking the dollar. The fact that the value of Tether is tracking the US Dollar doesn’t allow plenty of price fluctuations.

It has been seen as a value store as this platform is used to save the profits gotten from the trade of other cryptocurrencies.  It is one stable coin you should have. Good for investment be it long term or short term

FTX Token (FTX)

Used to be silent but has been able to attract the attention of the public and the crypto world recently. The FTX Token is the native currency of the FTX platform. The FTX platform is a platform for crypto derivatives. This coin has slowly made its way up the ladder and will be one amazing investment for 2021.

 

What Are the Best Crypto Currencies to Invest In 2023 for the Long Term

For those looking to make long-term investments, you must know that long-term investments do not escape the consistent market monitoring routine. We will not fail to also let you know that the volatility of the crypto market is high, so a sharp eye and consistent monitoring will do you a lot of good.

Here is a list of some coins which have been proven to be the best cryptocurrencies for long-term investments.

  • Bitcoin – BTC (most popular cryptocurrency in the world and the leading asset)
  • Ethereum– ETH (runs an awesome decentralized platform that keeps third parties, hackers out)
  • Cardano – ADA (runs a secure platform for peer to peer transactions)
  • Uniswap – UNI ( this cryptocurrency is one of the best as it uses smart contracts)
  • Dogecoin – DOGE (with unlimited capacity to produce more, this cryptocurrency has proven to be stable)
  • Binance Coin – BNB ( following in the footsteps of its predecessor Bitcoin, it has shown stable growth and looks to make moves for higher grounds)

Let me draw the curtain here by saying all the coins mentioned as best for investment in 2021 are also good for long-term investments. They’ve proven to be stable, have a traceable growth rate, and are consistent with the crypto market.

RELATED: Shiba Inu: All You Need to Know

What Is the Best AltCoin to Invest In 2022

With proper analysis and crypto market expert advice, there are a lot of ALTCOINS you can invest in in 2021. Of all the ALTCOINS, the best with a show of consistency and stability is the FTX Token.

FTX Token (FTX)

This is showing up twice in this article because of how good it has proven to be. FTX is one amazing ALT coin that has shown great prospects. It is the native currency of the FTX platform just like we said earlier. So if you’re looking to invest in an ALTCOIN, we just gave you one.

 

Conclusion

If you are interested in making profits in 2022, you should have the above-listed cryptocurrencies in your portfolio.

Kindly note that this peiece of information should not be construed as financial advice, you must know that the cryptocurrency market is volatile and you must know your investment risk quotient before investing in any cryptocurrency.

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