Cryptos to Watch in 2022

03.01.2022
Cryptos to Watch in 2022
We live in a world of contradictions in which some nations have accepted cryptocurrency as legal tender and others made it illegal. Cryptos went from being an interesting experiment to a new asset class and digital gold.

A lot of new cryptos are entering the market every day making it hard to make an investing decision. In this article, we present to you our picks of cryptos to watch in 2022.

Bitcoin. It is inevitable to mention the first cryptocurrency ever on a list like this. By the end of 2020 Bitcoin traded for $20K per coin. In 2021 it started to trade for $32K, reaching its new highs of more than $60K later during the year. Looking at its performance from 2009 to 2021, even though it has suffered notable corrections in April, it's obvious Bitcoin will Trade at a better position and prices.

Ethereum. In 2022, the Ether blockchain will transition from energy-intensive proof of work consensus to eco-friendly proof of stake, making the platform more sustainable. In 2023, side chains will be added to the core blockchain, dividing the network load more efficiently. That's why Ethereum looks like a smart buy right now.

Ripple’s XRP. This crypto allows financial institutions to transfer money with affordable fees and minimum delay, attracting many major banks from around the world. XRP price value started surging around April 2021. XRP is one of the best cryptocurrencies expected to reach new highs in 2022.

These are our top 3 picks for 2022 but there are other cryptos worth considering. Cardano is an “Ouroboros proof-of-stake” cryptocurrency that was created with a research-based approach by engineers, mathematicians, and cryptography experts. Stellar as well could significantly increase its value, due to the mass adoption of this digital currency by investors and users.

 

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