What Are the Best Cryptos to Consider?

If you are new to cryptocurrency and would like to know what are the best cryptos to consider, below you will find a quick overview of the top 10 best cryptocurrencies to buy in 2022. This list is based on Analytics Insight.

• Uniswap (UNI)– Overall Best Cryptocurrency to invest in 2022

Uniswap is a DeFi king — it is a decentralized exchange (DEX) on top of Ethereum that links buyers and sellers directly to each other for a variety of digital assets.

• Compound (COMP)– One of the Best-Performing cryptocurrencies of 2022

Compound is one of the top crypto-lending platforms today, booming in the emerging Defi market.

Compound has been busy leveling up in the crypto-lending industry launching their new ‘Compound Treasury’, a service strictly for financial institutions where they can earn 4% fixed interest per year by investing US dollars.

• ApeCoin – Most Popular Cryptocurrency to invest in 2022

ApeCoin is the governance token for the Ape DAO, which runs the trendy Bored Ape Yacht Club line of NFTs. They plan also to integrate into play-to-earn games developed by the Ubisoft-backed Animoca Brands.

• XRP – One of the Best Digital Banking Token to buy in 2022

XRP is the third-largest cryptocurrency by market capitalization. It is a global remittance platform that mostly works with large financial institutions, to help them work together more efficiently without the need for banks.

• Ethereum (ETH)– Massive Upside Potential in 2022

Ethereum is the second-largest cryptocurrency by market cap. It is also leading the way with blockchain technology.

Ethereum 2.0shiftedt from proof-of-work to proof-of-take which makes every crypto investor excited.

• Cardano (ADA) – One of the most promising coins in 2022

Cardano is defined as a third-generation cryptocurrency that aims to improve the scaling issues of Bitcoin and the smart contract deployment principles of Ethereum.

• Bitcoin (BTC) – Best crypto to Buy During High Inflation

Bitcoin is the granddaddy of cryptocurrency, Bitcoin was the first crypto to record financial transactions on a decentralized blockchain. Bitcoin price predictions have become fairly stable, making it one of the safest options for anyone entering the crypto space for the first time.

• Terra (LUNA) – Best Dual-Token platform to Invest in 2022

Terra is the biggest dual-token platform. This means it is a platform with two primary tokens that work separately from each other on the same blockchain — LUNA and Terra USD (TUSD).

• Binance Coin (BNB) – Top Crypto to Add in 2022

BNB is the third-largest crypto by market cap. Binance Coin gets much of its value by operating as a discount token at the Binance Exchange; traders can get a discount on trading fees when they use the token. They also launch the Binance Smart Chain (BSC) for smart contracts which also uses BNB as fuel.

• Dogecoin (DOGE) – The best Meme Coin to buy and invest in 2022

Dogecoin managed to reach a far wider demographic than Bitcoin ever could — a new generation, less interested in cryptography, anonymity, and taking down the current financial system. Dogecoin did a lot for cryptocurrency adoption.

A reminder: Your capital is at risk when investing in virtual currencies because they are highly volatile.

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