Cryptocurrencies there are to give and give away. Bitcoin opened the ban and today we come across more than 700 different coins, some more popular than others.
What are the best cryptocurrencies for this 2022? Well, this will depend a lot on the ups and downs of the market, since digital money is especially volatile, but also on the community and technology on which both platforms and their tokens are based.
Thus, although the question “in which cryptocurrencies to invest” or “which are the most profitable cryptos” cannot be answered categorically; yes, we can rely on some clues to predict whether a crypto is worth it or not:
Technology and innovation or improvements over other cryptocurrencies
Market capitalization and current transaction volume
Community size and engagement
Support from large companies or governments, as well as acceptance in exchanges and shops
And finally, the greater or lesser originality and freshness of the project. In this ranking you will find cryptocurrencies whose current value is less than the 10 coins with the highest capitalization, however, they offer a totally new and revolutionary idea that distinguishes them from the rest. Cryptocurrency ranking
Whether by H or B, these are some of the cryptocurrencies you should be aware of in 2022. 1.
Although there are currently other cryptocurrencies with a more advanced and improved technology than the original Bitcoin Blockchain, the quintessential coin continues to lead the way in the digital currency market.
It is not only the currency that capitalizes the most but also the one that executes the highest volume of transactions. Today about 17 million BTC have been mined and in 2022 Bitcoin will continue to lead the way and will continue to be the benchmark of the rest of cryptocurrencies.
Almost as acclaimed as Bitcoin, Ethereum has managed to remain the second most valued and popular cryptocurrency of all time.
Its success is largely due to the application of a totally revolutionary Blockchain technology: Ethereum was the first system to develop decentralized applications and smart contracts.
Although Bitcoin is the forerunner of the Blockchain concept, Ethereum is really the one that has established and expanded its system, leading to the emergence of hundreds of networks and cryptocurrencies that are based on or based on its ERC20 technology and token.
Read Ethereum analysis »3.
The cryptocurrency and Ripple platform have given a lot to talk about, since some experts do not consider that the coin has an intrinsic value in itself. In fact, Ripple does not operate on a Blockchain or generate new coins, therefore, it cannot be mined and its founders (the Ripple Labs society) maintains all control over the released coins.
However, despite the controversies, Ripple has managed to remain among the 5 most valued cryptocurrencies practically since its creation. This is largely due to its acceptance by prestigious financial institutions and possible future alliances with titans of the sector such as Amex.
Polkadot is considered by several experts as the network called to replace Ethereum in the future, thanks to its features of security, scalability, interconnection between its blockchains and its governance system by vote …
The most interesting thing about the project is that Polkadot’s network manages to integrate several independent blockchains, which work in parallel but can exchange data with each other. Imagine it as the different apps on your phone, work within the same system and each one is able to fulfill a different function.
This solves the problems of congestion in the blockchain and also, it is possible to specialize each chain in different sectors: some oriented to the management of transactions, others of data, etc.
Other key factors of its success are its security measures and its system of governance by vote, so that the community decides whether to make changes or improvements to the code (and avoid hard forks).
Read Polkadot’s review »5.
Inspired by Bitcoin, Litecoin was born in 2011 with the aim of becoming its alternative.
Thus, from the beginning, its developers strove to solve several technical and security problems originated in the old blockchain. So Litecoin can produce four times more units than Bitcoin and with greater security guarantees.
In addition, it uses the Scrypt function in its PoW, which allows many more users to mine, since it does not require supercomputers (decentralizing mining processes).
Read Litecoin review »6.
Binance Coin is the official cryptocurrency of the binance crypto exchange, one of the largest exchanges in the world and also present in the Asian markets.
The BNB was basically created to support transactions within Binance’s own platform, however although at first it worked more like gas within the system itself, it is currently also supported by other exchanges.
Best of all are its numerous discounts on the Binance network, lowering transaction costs.
Read Binance Coin review »7.
The cryptocurrency was born in 2017 after the well-known hard fork of Bitcoin (the division of the main blockchain into two branches).
This separation comes as a result of strong disagreement in the Bitcoin network over how to fix scalability issues. In this way, a coin is created with greater capacity to process the blocks (avoiding network congestion problems), without the Replace by fee (RBF) function and with a new algorithm of difficulty adjustment in mining (EDA Emergency Difficulty Adjustment) among other things.
Currently Bitcoin cash remains among the first altcoins in the market and everything indicates that it will continue to be one of the most popular cryptos during this 2022.
Read Bitcoin Cash review »8.
It is a cryptocurrency that allows you to store money and make transactions in a simple way, without the need to pass the Tethers to another cryptocurrency, but to exchange the tether coins directly into fiat money.
It tries to end the volatility characteristic of cryptocurrencies so it maintains a 1:1 parity with the dollar. So 1 Tether will always be equivalent to 1 USD or its fiat pair (because in addition, it can be referenced to other currencies such as EUR or GBP).
For this reason and despite the fluctuations of the market, so far this year Tether has managed to maintain a relatively stable value with respect to the rest of digital currencies.
Chainlink is a decentralized oracle system whose technology is based on the Ethereum blockchain.
This is important because most Blockchains only support, understand, and manage information within their ecosystem. What Chainlink achieves through these oracles is to connect offline (real-world) resources with blockchains through API data transfer and other external sources. In this way, in its blockchain you can manage anything, such as airline tickets.
Its technological advances have undoubtedly earned it great collaborations, unleashing Google’s Smart Oracles and the Swift smart oracle system with SWIFT (that of bank transfers, yes).
Read Chainlink’s review »10.