Top 10 Cryptocurrencies to Invest in 2022

Be informed before entering a new market. Heres a list of the most successful cryptocurrencies entering the new year.

Bitcoin (BTC) market cap- $882 billion

1. Original cryptocurrency

2. Runs on blockchain logging transactions across a network of thousands of computers

3. 9,200% growth from 2016 to 2022

Ethereum (ETH) market cap- $447 billion

1. Cryptocurrency and blockchain platform

2. Smart contracts that automatically execute when conditions are met

3. Non- fungible tokens (NFT)

Binance Coin (BNB) market cap- $86 billion

1. Trade and pay fees as an exchange, payment processing, booking travel arrangements

2. Can be traded for other forms of cryptocurrency

3. 520,000% growth from 2017 to 2022

Tether (USDT) market cap- $78 billion

1. Stablecoin: backed by fiat currencies

2. Value believed to be more consistent than others

Solana (SOL) market cap- $52 billion

1. Help power decentralized finance (DeFi), decentralized apps (DApps) and smart contracts

2. Processes transactions quickly and secretly with proof-of-stake and proof-of-history

3. 22,000% growth since 2020

Cardano (ADA) market cap- $44 billion

1. Early proof-of-stake validation

2. Enables smart contracts, DApps like Ethereum

3. 6,600% growth since 2017

US Dollar Coin (USDC) market cap- $42 billion

1. Stablecoin backed by U.S. dollars

2. Can complete global transactions

XRP (XRP) market cap- $39 billion

1. Payment processing company can be used to facilitate exchanges

2. 13,700% growth since 2017

Terra (LUNA) market cap- $33 billion

1. Blockchain payment

2. 14,300% growth since 2021

Polkadot (DOT) market cap- $29 billion

1. Connects various blockchains so they can work together

2. May change how crypto is managed

Tretina, K. (2022, January 3). Top 10 cryptocurrencies in January 2022. Forbes. Retrieved January 11, 2022, from https://www.forbes.com/advisor/investing/top-10-cryptocurrencies/