Crypto is a form of online currency that is not controlled by the state authority, such as the administration. Rather it is based on blockchain technology, with Cryptocurrency being the most widely used. As electronic currency grows on Stock Market, more possibilities become accessible. There are about 8,900 currencies in the current market now.
Despite Bitcoin’s recent decline has gotten a lot of attention, it’s evident that it’s not the only option available. In reality, “bitcoin” and “cryptocurrency” have evolved to mean the same stuff to many people, although cryptocurrency platforms are flooded with competitors.
However, negotiating these congested seas, let alone picking which cryptocurrencies to buy in, can be challenging, which is why we’ve compiled a list of the best cryptocurrencies to consider for January 2022 or even beyond.
12 Top Cryptocurrency to Buy in 2023
Here is the list of 12 top cryptocurrencies to invest in 2022 and 2023
1. Bitcoin BTC
2. Fantom (FTM)
3. Lucky Block (BLOCK)
4. Shiba Inu (SHIB)
5. Cardano (ADA)
6. Avalanche (AVAX)
7. Stellar (XLM)
8. Curve (CRV)
9. Binance Coin (BNB)
10. Ethereum (ETH)
11. Solana (SOL)
12. TrueUSD (TUSD)
1. Bitcoin BTC
Bitcoin, created in 2011 by the eponymous Satoshi Nakamoto, has progressed from the aspect of this type of anomaly to gaining mainstream acceptance. It would be remiss of any identity crypto ranking not to include it, especially given it contributed to about 65 percent of the market cap in 2021.
Bitcoin attained an all-time peak of $69,000 in November 2021. It also outpaced gold and the S& P 500 for the third consecutive, outpacing gold by 10 times in 2020. Since estimates in the crypto sphere are infamously hard to make with any level of certainty, some think that Bitcoin’s price will reach $100,000 by the mid of 2022.
2. Fantom (FTM)
It’s a fully accessible blockchain network platform for digital commodities and d-apps quickly and greater. Fantom employs a graph, or DAG, which resembles a graph rather than a network and is being touted as a viable blockchain replacement due to its increased efficiency in processing online payments and data management.
Fantom can now handle about 4,500 transactions per second (TPS) thanks to a particular proof-of-stake consensus process dubbed Lachesis, while the results of their studies predict up to 10000 TPS.
3. Lucky Block (L-BLOCK)
Lucky Block is a cryptocurrency lottery-based platform that aims to revolutionize the lottery experience while providing investors with a passive revenue source. Based on the Binance Smart Chain, Lucky Block delivers greater consistency and accountability while also increasing the chances of winning for each participant.
The network recently completed a remarkable auction, selling out two weeks earlier than scheduled and raising $5.7 million.
4. Shiba Inu (SHIB)
The popularity of Dogecoin led to the creation of a slew of other meme coins,’ with Shiba Inu proving to be one of the most profitable for buyers. The SHIB price increased by a whopping 1055 percent in October 2021, yet the currency’s value has subsequently dropped. With the launch of ShibSwap, Shiba Inu’s centralized marketplace, the coin now has real-world use.
5. Cardano (ADA)
Cardano, a cryptocurrency network that uses a Solid evidence algorithm to obtain consensus, is another inexpensive cryptocurrency to consider if you’re looking for an Ethereum alternative. This made it more flexible than Solid evidence chains while also being more environmentally friendly.
6. Avalanche (AVAX)
Avalanche is a fascinating cryptocurrency project that uses three blockchains instead of just one. Due to this method, various networks have high-accuracy jobs, minimizing the overall burden on each chain and increasing transactions per second (TPS).
7. Stellar (XLM)
Stellar is a fully accessible option that enables reduced global transactions. The remarkable fact about Stellar is that it functions as an ‘intermediary,’ allowing individuals to swiftly and effortlessly exchange any two FIAT currencies.
8. Curve (CRV)
The curve is a digital exchange (DEX) that runs on the Ethereum platform. The curve allows for exchanging crypto assets via pricing networks, which are run by digital currencies. Investors can also risk their CRV holdings to generate liquidity, resulting in a substantial average output.
9. Binance Coin (BNB)
Binance Coin (BNB) is Binance’s native currency. Binance is the best cryptocurrency financial market. BNB holders can save a lot of money on transaction fees while simultaneously benefiting from price gains. BNB can now be placed to provide a passive income stream or collateral for cryptocurrency debts.
Overall, as the Binance exchange grows, BNB’s cost will increase, making it a smart investment for access to the wider cryptocurrency world.
10. Ethereum (ETH)
Ethereum is an open-source blockchain platform that makes new and published distributed apps (dApps) that include smart contracts. ETH is the world’s second-largest Cryptocurrency (after Bitcoin), according to CoinMarketCap, and has huge potential in the DeFi and NFT space.
Although excessive premiums have plagued the network in previous years, Ethereum 2.0 is expected to enhance durability, making ETH an interesting investment opportunity for 2022.
11. Solana (SOL)
It has swept the crypto globe, beginning with 0.01 percent of the market in 2021 and flying to a top 10 cryptocurrency by stock value by September, giving Ethereum a boost to the economy. According to CoinMarketCap, Solana is officially listed in terms of market cap as of January 2022, with a value of $41.949 billion.
According to Decrypt, its attractiveness stems from the platform’s performance, flexibility, and ease with which it can be utilized to develop decentralized programs that operate on a blockchain.
12. TrueUSD (TUSD)
TrueUSD is a type of Cryptocurrency, meaning its price is linked to the U.S. dollar. As a result, it does not suffer the same risk premium as other cryptocurrencies. The price is always around $1.
You can’t make a commission by buying TrueUSD low and trading it high, but you can use it to store assets that you transfer out of other cryptos without having to convert them to currency – but you can convert TrueUSD to cash unless you want to.
TrueUSD is a minor type of Cryptocurrency relative to Tether, which has a market valuation of $78.315 billion. According to U.S. News, it gives stakeholders something Tether does not: the satisfaction that comes with holding a controlled cryptocurrency whose deposit statements are completely inspected by Cohen & Company, a crypto audit, and a tax business.
Final Verdict:
In conclusion, this post has examined the best new coin to invest in, in 2022, highlighting several coins with high price potential.
Overall, Lucky Block is our top option in the cryptocurrency industry. Lucky Block appears to be one of the coins with the most potential in 2022, thanks to compelling use cases and frequent monetary benefits for BLOCK holders.
