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Get Into Cryptocurrency Trading Today
In the past few years, the cryptocurrency craze has been quite a sensation; their adoption has been more rapid than on the internet. It is expected that by the end of 2025, there will be more than one billion bitcoin wallets. More so, this figure is expected to keep increasing because of the internet's worldwide reach.
The immense growth of DeFi (Decentralized Finance) has been quite impressive with the number of users multiplying threefold since the beginning of 2021. It has attracted myriads of users, and as we're approaching the end of 2021, investors and traders are looking for the next cryptocurrency to explode in 2022.
This article will discuss the 6 best long term crypto investments for 2022 and beyond. Keep reading to find out more about these cryptocurrencies.
The following are the best cryptos that have performed well in 2021 and are expected to continue doing so in 2022 and beyond.
Ethereum is a great contender for the best cryptocurrency to invest in 2022 due to its smart contracts. Smart contracts are similar to paper contracts that are executed when all the conditions have been met but without a third-party intermediary such as a bank or a middleman.
Developers use Ethereum's network to create numerous offerings such as security tokens, Decentralized Exchanges (DEXs), Non-Fungible Tokens (NFTs), and creating new cryptos with the ERC-20 token standard.
What makes ETH a great investment for 2022?
Cardano is a third-generation cryptocurrency that was launched in 2017. It is built on Bitcoin and Ethereum but is more scalable, sustainable, and secure. Although it is not discussed in the same manner as BTC and ETH, it is regarded as the next big cryptocurrency.
Coin Price Forecast predicts that the coin price of ADA will reach $3 by the end of 2021 and $12.66 by 2025. This indicates the huge potential that ADA has.
What makes ADA a great investment for 2022?
Bitcoin was the first crypto and was introduced in 2009 by Satoshi Nakamoto. Bitcoin is secured by a consensus mechanism known as Proof of Work (PoW). Its transactions are relatively economical and swift, with a throughput of seven transactions per second (TPS).
BTC retains its position as the most prominent and the second-fastest-growing crypto. It has a market cap of $856 billion and a price of more than $45,000. On April 14th, 2021, BTC reached its all-time high of about $64,000.
What makes BTC a great investment for 2022?
Solana is the best cryptocurrency to invest in 2022 in long term. In the last 30 days, its price has increased by 300%, and it is ranked #7 with a market cap of $51.8 billion as of November 2021. It currently competes with Ethereum and Cardano for the best smart contract functionality. The main reason behind SOL's success is its native NFTs marketplace.
What makes SOL a great investment for 2022?
The Binance Coin is the crypto for trading on the Binance cryptocurrency exchange. Coin Price Forecast predicts the coin to reach $500 by the end of 2021 and hit $1000 by 2025, an increase of 170%. BNB can be traded for other cryptos like ETH and BTC.
What makes BNB a great investment for 2022?
Ripple is based on an open-source blockchain known as the XRP Ledger. Its transactions are processed rapidly (3 seconds) with minimal energy consumption. Launched in 2012, XRP has grown significantly to attain a market value of more than $51 billion.
XRP is the best penny cryptocurrency to invest in 2022. When it comes to performance, XRP is exceptionally volatile. When it was first announced in 2013, it traded at $0.005. It has a current price of $0.89. It is predicted to reach the $3 mark in 2022.
Cryptocurrencies have become a popular way to make good returns for investors and traders across the world. The digital currencies mentioned above are some of the best long term crypto investments for 2022. Choose the right one for you and you could earn big in the next year and beyond.
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Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
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Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
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