Description: Relatively recent enormous rice in the price of Bitcoin, the surprising DOGE spike, and slow but robust growth in Ethereum and other major altcoins bought unprecedented attention to the crypto once again in 2022.
And this attention comes not only from professional investors. People that unfamiliar with cryptocurrency in general and investing/trading are massing in this 21-century gold fever.
And what’s even more important, during current occasions of renewed interest in cryptocurrency industry giants like Google, PayPal, Apple, Deutsche Bank, and many others invest in Crypto implementing it in the business plans in one way or another.
So this time the market anxiety is highly unlikely to happen, making the crypto market a great safe place for new investors. That’s why we decided to cover the major cryptocurrencies worth investing in 2022. The list of popular cryptocurrencies is based on market capitalization. And all of the currencies are available for buying at WELLCOINEX.
BTC Bitcoin
At the top of the list, the first cryptocurrency was introduced to the world back in 2008. The current capitalization is $1.01 trillion.
The price fluctuations may deter aspiring investors, but it’s extremely unlikely to lose the top position as traders and investors profit from BTC’s liquidity and price alterations.
And many financial experts including Forbes magazine expect Bitcoin to reach the mark of $100,000 making it a good investment option.
ETH Ethereum
Ethereum is more than just a cryptocurrency it’s a software platform that gives an opportunity to develop your own “dapps”- Decentralized Applications and grants the opportunity to put the buyer-seller agreements in code lines. T
he cryptocurrency itself is called Ether with a market capitalization of $319.25B on 30 April 2021. One ETH is currently trading around $2,758 and according to different predictions will soon rise above $3,000 and $6,000-$7,989 by 2026.
XRP Ripple
Ripple was created in 2012 by Ripple labs, the goal was to create a decentralized payment system and the payment token that operates within the network. Instead of a blockchain, it uses validation nodes.
The current capitalization is $69.51B with a $1.54 price per one XRP. It’s only third on the list and the proportion of token price/capitalization makes XRP a very forward-looking cryptocurrency.
ADA Cardano
Cardano was developed y one of the Ethereum founders- Charles Hockinson. The Ada is the cryptocurrency of the Cardano currency network that was developed on the open-source principle providing smart contracts for the wider public. The market capitalization of Cardano is $42.59B now with a $1.33 per one ADA.
DOGE Dogecoin
It started as a meme back in 2013 forking from Litecoin, but a recent spike both in price and attention made it one of the most popular and most capitalized currencies. It worth $40.36B now and one DOGE is sold for as little as 0.311. Some consider it a bubble but others see a big, big future in it.
LTC Litecoin
On the technical side, Litecoin comes very close to Bitcoin. Some even consider it a direct Bitcoin’s offshoot but it takes way less time to process a blockchain transaction compared to Bitcoin. The difference is about for times in speed. Current capitalization is on the $17.41B marks with $262 per LTC. As the early one of the earliest altcoins, it has public trust on its side.
BCH Bitcoin Cash
It was developed in 2017, being Bitcoin fork there’re some internal and structural changes. The essential one is the bigger block size that makes more transactions fit in one block. Everything besides it is pretty much the same as Bitcoin. Capitalization is close to Litcoin’s numbers being $17.16B and the price per BCH is $932.
How to start investing?
Look no further than the WELLCOINEX website. Our advanced IT infrastructure allows you to buy and sell any crypto of your choice 24/7. The process is pretty simple. Sign up for the account and follow the step-by-step guide. Due to the huge number of users our prices are most beneficial for you.