Top 5 Crypto Assets to Invest in 2022
So you want to know about the best crypto to invest in? Well, no worries! After undergoing this entire blog, you will get to know about the world’s top 5 cryptos in 2022.
Be it Bitcoin, Ethereum, Dogecoin, Tether, or any other crypto token out of thousands of different crypto tokens out there, which can turn it overwhelming when you’re first stepping into the world of crypto.
To assist you to get your bearings, these are the top 5 crypto assetsthat we have listed based on multiple notable parameters such as their market capitalization, the total worth of all of the crypto assetsin circulation presently.
Let’s plunge into the post to comprehend them simply and smoothly!
- Bitcoin (BTC)
- Bitcoin stands out to be an obligatory holding for any crypto investoris seeking to dive into the crypto asset market.
- Even after the late fallbacks, Bitcoin holds around 40% of the entire market funding, a metric called a given token’s ‘dominance.’
- November stood out to be an eventful month for the virtual asset, which smashed a record high just shy of $69,000 and afterward came into the bear market territory in the month late following the uplifting of the omicron variant of coronavirus.
- The first nation across the world to declare Bitcoin as a national currency,El Salvadorpurchased the most recent dip in Bitcoin, with its president declaring December 4 that the nation had attained 150 coins at a medium rate of $48,670.
- Similar to the share market, playing short-term trends in crypto is more related to betting than investing.
- For long-term investors, nevertheless, Bitcoin sticks out atthe forefront, and if history is the preface, crucial fallbacks should be taken into consideration buying odds.
- Ethereum (ETH)
- Ethereum is among the optimum crypto assets to buyin today’s time. With Ethereum’ssupremacy clocking in at over 21%, not only do Bitcoin and Ethereum account for over 60% of the market, but between the two, Ethereum stood out more dominant during the fluctuating last 30 days.
- Dissimilar to Bitcoin, whose market share came down from 42.7% to 40.8% in that time, Ethereum went from 19.6% to 21.6% of the crypto market.
- In essence, being different from Bitcoin, Ethereum employs the most-used blockchain across the globe and the network of choice for the young, rising ground of decentralized finance (DeFi), as well as a famous host for non-fungible tokens (NFTs).
- Solana (SOL)
- The year 2021 stood out as an eventful year for the crypto assetin whole, but one of the most notable storylines of the year was the immediate appearance of the Solana token.
- It went from accounting for just 0.01% of the market to over 2.6% by early December.
- The DeFispace – based on smart contracts, which is a trustless ecosystem and the impenitent cutting-out of third-party financial institutionssuch as banks and centralized exchanges – is almost guaranteed to boost in prominence in the coming years.
- Anyone who is placing a wager on DeFi’s continued development would be well catered to invest in Solana, a developer-amiable network with far lower transaction fees as contrasted with Ethereum.
- The features such as low fees, maturing ecosystem, and a promising future in DeFiof Solana turn it one of the best crypto assets to invest in.
- Binance Coin (BNB)
- At present, Binance Coin (BNB) holds a market part that stands out as the third-largest crypto token.
- However, to specify, it accounts for just 4.1% of the crypto asset market, leaving so much space for it to gobble up market share in the coming years.
- That’s exactly what Binance Coin (BNB) has carried out in 2021, as its market supremacyuplifted from 0.7% to start the year to 4.1% by early December 2021.
- Since with most of the top crypto assets to invest in, BNB stands out as the native crypto asset for a progressivelyeminent blockchain, the Binance Smart Chain.
- Binance itself sticks out as the single largest crypto exchange across the world, surpassing even Coinbase Global Inc.
- The respective crypto-asset debuted back in 2017 and is structured to have a maximum supply of 200 million crypto assets.
- The close objective is to mitigate the supply to 100 million BNB, which the exchange carries out by quarterly ‘burns’ that lower the supply.
- PlatinX (PTX)
- PlatinX is a new token to the world of crypto assets with the objective to uplift notably over investors’ expectations.
- It believes substantially that it will stand in the market ahead of the other crypto tokens due to its unique, robust, and trustworthy features.
- The respective crypto asset is backed by the world’s fastest, most secured, and reliable blockchain technology viz. Binance (BNB).
- PlatinX token is symbolized with PTX. Moreover, it is a non-fungible but transferrable virtual asset that gets stored in a smart wallet by means of a smart contract.
- To getPTX tokens, you can simply swap them with any other existing and listed virtual asset or buy them from the respective exchanges directly.
The Upshot
To wrap up, 2 years back no one was having the proper idea of Crypto assets. Even though, now it’s one of the most hovered-around and talked-about words across the globe.
The crypto space is filled with an abundant number of different crypto assets. But it is all up to you, how you decide on your investment part.
Moreover, in order to know more about this new crypto asset viz. PlatinX or to earn unexpected income potentially, you can simply turn around the future of digital asset– PlatinX’s social handles or directly make your registration via this link for 100 free PTX crypto tokens.