we have over 1 million crypto currency coins and tokens in the industry. However, the question most people ask is, what is the best cryptocurrency coins to invest in.
2022 is here and I believe the best we could do is to utilize every opportunity we get this year to get things done, that is doing more research on the coin you wish to buy or invest in.
Doing more research will help you know the volatility of the coin you want to buy. For instance Avax and Gala are two coins we all know are very volatile in the market then someone comes up to tell you, no those coins are not good, without doing your own research you will believe that person and forfeit the token.
In this article I will be giving you the cryptocurrency coins to buy in 2022. The coins I will be showing you here are volatile coins and also very good for long term basis.
Best Cryptocurrency Coins to Invest in 2022
As at today or when this article was published, the original creator or group or company behind bitcoin have remained unknown.
bitcoin is a peer to peer online currency which means that all transactions are done equally and independent network participants.
According to Nakamoto, bitcoin was created to facilitate or help in most online transactions without necessarily going to any financial institution.
one of the most unique thing about bitcoin is that it is the first cryptocurrency to appear in the market. This makes it one of the best cryptocurrency coins you should consider investing on this 2022.
The bitcoin market is the most volatile market in the world as long as crypto currency is concerned. when buying bitcoin, you can bit your chest that no matter how the market goes down, it will still come up and you will still make your gain.
The current price of bitcoin according to coin market cap is $47,033.50 which is abit lower that the previous high which was about $ 60,000.
Currently the cryptocurrency market is worth above 2 trillion dollars, this is gotten from the ideas gotten from bitcoin. Bitcoin have built, created and raised most millionaires and billionaires in the world today. Also, that is one stronghold to show that bit coin can’t vanish over night.
The Ethereum ecosystem is one unique one. We all witnessed the growth of Eth to be coming the second largest cryptocurrency in the world today.
In 2019 and 2020, Eth was no way close to $1,000 but had more people investing in it. When it’s pump started, slot of persons thought it will do more or even be bigger than bitcoin but then bitcoin is the king.
Ethereum is a decentralized open source blockchain system which featured it’s own native coin Ether or Eth. ETH stands to be a platform for other coins to be formed as it gives room for execution of decentralized smart contract.
one of the things that made Ethereum unique is that it stands to be the only coin that pioneered the blockchain smart contract platform.
this platform allows other tokens to be hosted under Ethereum blockchain. For example we look at metaverse tokens and some NFT’s, most are powered by Ethereum (Mana,Gala etc.).
Therefore, Eth is one or the second most volatile market in the cryptocurrency industry. According to coin market cap, it has the total of 117.5 million eth in circulation and 75 million of which was offered to genesis block.
The current price of Eth as at when this publication was made is $3,805.85.
There is good prediction that the Ethereum market or price will move to $5,000 before April 2022. Well like I will always say, do your own research.
3. Binance Coin (BNB)
Binance it’s self is the best cryptocurrency exchange platform in the world today. Although not accepted in country like China, but we have seen a good prove to believe this assertion.
being the largest cryptocurrency exchange is based on daily trading volume. BNB is the third most volatile in the world because it is binance native coin.
Binance was able to build a whole ecosystem to improve the functionality and users experience. It has also created other coins and smart contracts like Binance Chain, Binance SmartChain, Binance Academy, Trustwallet and research project. All this things employ blockchain technology to the new age of financial world.
As at today and according to coin market cap There is an initial maximum supply of 200,000,000 BNB coins, of which 168,137,036 are currently in circulation as of September 2021.
As at the time this post was made, The binance coin (BNB) price is $526.25. However, we hope to see it do more than the other coin like Solana which is continuously competing with it