Check out the overview for the top 10 cryptocurrencies. 2020 was a good year for cryptocurrency, but 2022 seems to be even better. That is why we have compiled a top 10 of the best cryptocurrencies of 2022.
The top 10 is based on lists of well-known analysts, think of Anthony Pompliano, The Moon, DataDash and more. Please note that this list does not offer any guarantees for the future.#1: Bitcoin (BTC)
In almost every list, Bitcoin is number 1. After all, it is the most popular cryptocurrency and usually the overall market follows the Bitcoin price. The technology is more than 10 years old, but it still works without any problems.
There is enough planned to make Bitcoin an even better cryptocurrency. Think of increasing scalability and speeding up transactions. In May 2020, the Bitcoin halving took place, creating more scarcity. You saw this in the rest of the year.
The price at the beginning of 2022 bodes well for Bitcoin. The predictions of well-known analysts such as Will Woo, PlanB and Max Keizer are all above $100,000.
Pretty much everyone has at least a little Bitcoin in their crypto portfolio.#2: Ethereum (ETH)
Ethereum was the first blockchain to offer smart contracts and made it possible to create your own token on the blockchain. Many companies therefore liked to use Ethereum to start an ICO. Later, games, dApps and DeFis were even developed on the blockchain.
In December 2020, the first phase (Phase 0) was launched for Ethereum 2.0. The remaining phases will be launched in the coming years.
This will, among other things, ensure that you can stop Ethereum (and therefore no longer have to mine) and the transaction speed will be increased.
The disadvantage of Ethereum is that the updates are actually implemented too late, causing a lot of problems such as high transaction costs and slow processing of transactions.
Ethereum should not be missing in your portfolio and is therefore the number 2 in our crypto top 10 for nothing.#3: Chainlink (LINK)
Chainlink makes it possible to implement external data from the real world in the blockchain. This is realized by Oracles.Chainlink’s technology is now used by many companies and also implemented in other blockchains. The fact that so many companies are using the technology of this project can only mean that the technology is wanted.
Unfortunately, the company has not published a roadmap, but if you get to all the features they have implemented in the past year, we expect a lot for 2022. #4: Binance Coin (BNB)
Binance Coin (BNB) is the native currency of the popular cryptocurrency exchange Binance. The coin is as successful as the exchange itself, and is the most successful exchange coin. Since the creation of Binance, the currency has increased enormously in value and it seems that it will continue for a while.
Binance continues to develop the platform, so they have launched various components such as: the lending platform, Futures, own debit card and a staking platform. As a result, Binance Coin continues to keep its value and possibly rise.
Binance has also developed the Binance Smart Chain (BSC) on which dApps can be developed. The platform is a lot faster and cheaper than the Ethereum platform.
Every quarter Binance destroys a percentage of the BNB coins they hold. As a result, the value will increase in the long run. You also receive an extra discount when you as a user own BNB tokens. All in all, many incentives to hold BNB tokens.#5: Litecoin (LTC)
Litecoin is a hard fork of Bitcoin and was created by CharlieLee. It is the only coin, apart from Bitcoin, that has not been knocked out of the top 10 since 2012. The coin pretends to be silver, while Bitcoin acts as the gold.
In 2019, the Litecoin halving took place. For this event, the price rose sharply. Although there is little planned for 2022, the price often follows the Bitcoin price. This makes Litecoin an interesting investment.#6. Tezos (XTZ)
Tezos is getting bigger and bigger within the crypto mark and is dedirectly competing with Ethereum. Since the launch of the mainnet, it also offers the possibility for smart contracts and dApps. XTZ holders decide on the improvements to be made to the protocol.
The security of the protocol is guaranteed by Proof-of-Stake system, by striking you can also get interest on all your tokens.#7. Monero (XMR)
Whichever way you look at it, privacy remains important within our society. Monero focuses on privacy and is the most popular privacy coin. The coin can guarantee 100% privacy to the recipient and sender.
It is wise to keep a small portion in your portfolio in privacy coins. This project is constantly being worked on and it is becoming increasingly popular among investors. In 2022, Monero beat the coins Cardano and Stellar based on market capitalization.
A side note is that governments are heavily trying to regulate and prohibit privacy coins. This can cause brokers and exchanges to be forced to delist the coin, which can have consequences for the price.#8. Cardano (ADA)
Cardano was developed a lot in 2020. For example, they have launched the Shelley update. And it is possible to strike Cardano in 2020. You will receive a return on how much ADA you hold when you discontinue Cardano.
In 2022, the smart contracts are planned to improve, add scalability and improve decision-making within the network. All this must be realized in the coming years. The CEO of Cardano has let it be known that everything is still going according to plan.#9. VeChain (VET)
Vechain is a crypto that mainly focuses on the logistics system of companies. The goal is to create an ecosystem that is self-circular and scalable.
Earlier in 2017, they were focused on becoming a blockchain for supply chain management with IoT-based technology, but later they expanded their vision.
So far, they have successfully implemented blockchain technology solutions in various industries, such as luxury goods, spirits farming. This way it can be followed from A to Z where all raw materials come from and whether they are original.
In short, VeChain has built solutions that are already used in the real world.
Compare current VeChain prices#10: Tron (TRX)
Not our favorite coin, but the CEO of this coin knows exactly how marketing works. He has earned a lot of money from his coin, so he can now buy up large companies, think of Bittorrent and Steemit.
Because of his marketing skills, the Tron token can certainly increase in value. But keep in mind that you can’t do anything with the token itself. Not for nothing at position 10, since it is a risky investment.
Do you have any comments or comments about the crypto top 10 of 2022? Please feel free to let us know by contacting us. We are open to ideas from the community. Who made the crypto top 10?
We have made a selection of many cryptocurrency analysts and experts and compiled our own top 10 of them. The top 10 has been compiled on the basis of developments and plans for the future. Are all these coins going to increase in value?
No, cryptocurrency is a risky investment and no one can predict the future.
