Cryptocurrencies

Cryptocurrency is a highly volatile market that keeps fluctuating every single day. The top cryptocurrencies such as Bitcoin and Ethereum are hitting the crypto market. Digital assets remain both one of the riskiest areas to deploy capital and one of the best cryptocurrencies to buy in the final month of 2021.  Here are the top cryptocurrencies to watch and invest in 2022.  

Bitcoin (BTC) 

Bitcoin is an obligatory holding for any investor looking to dip their toes in the cryptocurrency market. El Salvador is the first country in the world that has made Bitcoin as their national currency, bought the most recent dip in BTC with its president announcing Dec 4 that the country had acquired 150 coins at an average price of US$48,670. It is one of the top cryptocurrencies that might grow in 2022. 

Ethereum (ETH) 

Ethereum remains among the best cryptocurrencies to buy today. Unlike Bitcoin, whose market share fell from 42.7% to 40.8% in that time, ETH went from 19.6% to 21.6% of the crypto market in 2022. Ethereum is the most-used blockchain in the world and the network of choice for the young, booming field of decentralized finance as well as a popular host for nonfungible tokens or NFTs. 

Solana (SOL) 

Solana is the cryptocurrency as a whole, but one of the more remarkable storylines of the year was the sudden emergence of Solana, which went from accounting for just 0.01% of the market to more than 2.6% by early December. Solana’s low fees, maturing ecosystem and promising future in DeFi make it one of the top cryptocurrencies to buy in 2022.

Binance Coin (BNB) 

It is one of the third-largest tokens by market cap, BNB nonetheless accounts for just 4.1% of the cryptocurrency market leaving plenty of room for it to gobble up the market share over time. It is one of the top cryptocurrencies to invest in 2022. Binance is the largest cryptocurrency exchange that is exceeding even Coinbase Global Inc. BNB debuted in 2017 and is designed to have a maximum supply of 200 million coins. 

Polygon (MATIC) 

Polygon is funded by both Binance and Coinbase, it is a platform that was built on Ethereum into a multi-chain system. The intention behind it is to create a more versatile and scalable cryptocurrency ecosystem that is capable of enabling more rapid mainstream adoption in the crypto market. Resilience in challenging times is a cherry on top that solidifies MATIC as one of the top cryptocurrencies to invest on for December and beyond. 

Avalanche Token (AVAX) 

The AVAX coin started to trade for just US$3.17 and currently trades for more than US$80 as its network has rapidly gained market share. With increasing popularity and compatibility with Ethereum projects like SushiSwap, AVAX is gaining attention through ‘bridges’ which permits users to move their top cryptocurrencies from one blockchain to another. 

Kitty Inu (KITTY) 

Kitty Inu is the aspiring meme token that has been gaining momentum these days. It has become one of the top cryptocurrencies to buy in 2022. With dog-themed coins like Dogecoin having been enjoying the attention of the crypto market to ride the meme wave. And KITTY can be a massive beneficiary.