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Best Cryptocurrencies Of 2022 - crypto top 5

 

Best Cryptocurrencies Of 2022


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Best Cryptocurrencies Of 2022 - crypto top 5

From “Bitcoin, Ethereum, Dogecoin, Tether” there are thousands of different digital currencies that can become a horror in the crypto world when you first start in the crypto world.


To help you choose the best cryptocurrency for 2022, here are the top 10 most traded cryptocurrencies based on their market cap…


1. Bitcoin "BTC"

In 2009..the most famous currency around the world was created by someone called Satoshi Nakamoto which is Bitcoin.


The price of Bitcoin has risen significantly in the global markets, as the name of this currency has become constantly circulating among investors due to its sharp rise during the last recent years.


According to coinmarketcap.com, there are approximately 17.1 million bitcoins circulating in the market


2. Ethereum "ETH"

Ethereum is the currency of choice for developers due to its potential implementations that are automatically executed when non-fungible conditions are met.


Ethereum also experienced massive growth from April 2016 to the beginning of March 2022, its price went from around $11 to more than $3000, and it's still growing in this period.


3. Tether "USDT"

Unlike other cryptocurrencies, Tether is characterized as a stable currency, as it is backed by fiat currencies such as the US dollar and the euro.


This means that the value of Tether is supposed to be the most stable of other cryptocurrencies, and is also preferred by investors who are apprehensive about the high volatility of other coins.


4. Binance "BNB"

Binance coin is a form of digital currency that you can use for many things like trading and paying fees on Binance which is one of the largest cryptocurrency exchanges in the world.


Since its launch in 2017, Binance coin has expanded simply to facilitate transactions on the global Binance trading platform, and now investors can use this coin to trade, process payment, or even book travel arrangements. .


Binance coin has surged past the $413 barrier now.


5. XRP

Created by the founders of Ripple, a digital technology company, XRP can be used to facilitate exchanges of various types of currencies including fiat and other major digital currencies.


And now.. the price of XRP has reached $0.80.

blockchain


6. Terra "LUNA"

It is a blockchain payment platform for currencies that relies on maintaining a balance between two types of cryptocurrencies.


Terra and Luna work in coordination with each other according to supply and demand, whereby when the price of a stablecoin rises above the value of its pegged currency, investors are incentivized to burn their own Luna to create more Terra stablecoin and vice versa.


And the price of Luna is now $92.


7. Cardano "ADA"

Cardano also works like Ethereum to facilitate decentralized applications, which are powered by ADA, its native currency.


Cardano has achieved relatively modest growth compared to other major cryptocurrencies. Down to a price of $0.99.


8. Solana "SOL"

Solana works on unique mechanisms to process transactions quickly and securely.


Since it was launched in 2020, the price of this coin started at $0.77, and now its price is around $101.


9. Polkadot "DOT"

The price of Polkadot coin reached its peak in May of 2020 when it reached 6.30 USD, and now its price has reached an all-time high at 55.11 USD.


*-* Urgent: Cryptocurrency Rises Nonstop - Bitcoin Crosses $20,000


10. Litecoin "LTC"

In 2011 Litecoin was created by a former software engineer for a cryptocurrency exchange, as it was one of the cryptocurrencies whose token was imitated from Bitcoin. Now it is used as a payment method for people around the world without an intermediary.

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