It’s never too early to start thinking about which altcoins will be worth investing in for 2022. Even though there are some excellent altcoin exchange platforms, such as KuCoin, which gained a lot of popularity because of trading with numerous other altcoins, there are several others that you must check out. This blog post will discuss the top 5 altcoins that we believe will experience the most growth in the next few years. So, if you’re looking to invest in some altcoins, these are the ones to keep an eye on!
5 Altcoins for Investment
Cardano is an innovative contract platform that can run financial applications by institutions, governments, and individuals. Cardano is also working on a decentralized public blockchain powered by a scientific philosophy and peer-reviewed research. The altcoin plans to offer more privacy, security, and sustainability than any protocol previously developed. ADA, the native token of Cardano, is currently the fifth-largest cryptocurrency with a market capitalization of over $39 billion.
Stream coin is an altcoin that allows users to stream live videos and get paid for their content. The coin is still in its early stages but has a lot of potentials. The company behind StreamCoin is based in the United States and was founded in 2017. The team is made up of experienced professionals in the fields of video streaming, blockchain technology, and online payments.
StreamCoin’s unique business model could make it one of the top altcoins to invest in for 2022. The coin may have a bright future and is worth keeping an eye on.
Decentraland is a virtual world on the Ethereum blockchain. It’s a decentralized platform where you can buy, sell, or lease land. The game uses non-fungible tokens (NFTs) to represent ownership of virtual land. There are two types of land in Decentraland: Estates and Parcels. Estates are more significant pieces of land that can be subdivided into Parcels. You can build anything you want on your ground, including houses, shops, galleries, and other attractions.
Dogecoin is a meme-based cryptocurrency that was created in 2013. It has a Shiba Inu dog as its mascot and has become popular due to its funny name and memes. Dogecoin has a fast transaction speed and low fees, making it a good choice for online tipping and micro-transactions. While it is not as valuable as Bitcoin, it has seen significant growth in recent years and is worth considering as an investment for 2022.
- Binance Coin
Binance coin is the native token of the Binance cryptocurrency exchange. The token was originally issued on the Ethereum blockchain but has since been migrated to the Binance Chain. Binance coin can be used to pay fees and perform other functions on the Binance exchange. This altcoin is best for you to make an investment in 2022, as it has a higher potential for profit in the coming years.
Other Altcoins That are Good for Investment
There are several other altcoins in the market that you must also take a look at. These are:
This is a blockchain that can make sale without forfeiting decentralization. Avalanche can easily alter consensus algorithms according to the used cases and the network also carries a lot more validators when compared with other networks. If you’re looking for excellent returns in 2022, Avalanche is the best non-bitcoin cryptocurrency to opt for.
Solana is well-known for matching up with Ethereum in two main areas of low transaction costs, speed and development. The structure of Ethereum is said to restrict the transaction for every second to 15 to 30 within its network and will build up a bottleneck that leads to the increase of gas fees. Because of its revolutionary abilities, it has grabbed the attention of numerous investors.
Terra is an altcoin that can bring in a lot of benefits. It’s completely permissionless and decentralized making it perfect for the digital economy. Terra also provides infrastructure, logistics, and programmable payments, which will simplify stablecoin and Dapp developments.
The Bottom Line
So, there you have it – our top five altcoins to watch out for in 2022. As the crypto market continues to mature, we believe these coins have strong potential to generate healthy returns for investors.