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The crypto currency market is now valued at over $2.2 trillion, following a stellar year in 2021. Due to its sheer size, the market provides scope for many smaller coins to launch and generate enormous returns for investors.
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What will be the most popular crypto currency in 2022? The crypto currency market is now valued at over $2.2 trillion, following a stellar year in 2021. Due to its sheer size, the market provides scope for many smaller coins to launch and generate enormous returns for investors. If you’re looking to find some exciting options within the crypto market, here we present you with the list of top 5 crypto currencies for the year 2022: •Bitcoin- Bitcoin is still by far the most popular crypto currency, and its price movement has a strong impact on the rest of the crypto market. It is considered the original crypto, and its launch in 2009 is what started the whole crypto currency movement. The exposure to Bitcoin has instigated crypto investors to realize that Bitcoin is one of the top crypto currencies that will make a big impact in 2022. •Ethereum- Several market experts believe that Ethereum has a higher price potential than Bitcoin. The platform offers dApp developers a medium to build their projects and implement smart contracts, potentially revolutionizing many industries. The imminent upgrade to Ethereum 2.0 is set to make waves, as it’ll see the platform transition to a Proof-of-Stake mechanism – significantly boosting speed and lowering fees. •Tether- Tether is a stable coin, meaning it’s backed by fiat currencies like U.S. dollars and the Euro and hypothetically keeps a value equal to one of those denominations. Compared to other crypto currencies, the value of this digital asset is more consistent in the market. •Cardano- Cardano is notable for its early embrace of proof-of-stake validation. This method expedites transaction time and decreases energy usage and environmental impact by removing the competitive, problem- solving aspect of transaction verification present in platforms like Bitcoin. •Solana- Solana is easily one of the best-performing crypto currencies this year and has become a hot topic among crypto investors. It has grown more than 15,000 percent on a year-to-date basis.