Which Coins Seem to Have the Best Performance in 2022 So Far?
Cryptocurrency has taken over the digital age. The digital currency boasts high-performing market values and a growing number of investors yearly. With certain crypto coins surging up to 5000% in 2021 alone, there’s no better time to start investing. If you’re considering investing in cryptocurrency and don’t know where to begin, read our list of top-performing crypto-currencies for 2022.
Before we delve into the list, please keep in mind that these observations are made by paying close attention to the current trends and market values of different coins.
Please take into consideration that in no way does IXFI endorse or recommend any particular cryptocurrencies to invest in. And please make sure you are very well informed before taking any investment decision.
11 top-performing cryptocurrencies for 2022
Before you start investing, you need to look at the highest performing cryptocurrencies, as well as their value.
The information below will help you decide if you or your business can afford to invest in a particular currency, and if it’s worth your time (and money).
Bitcoin
With over 13 years of success (and counting), Bitcoin is the most popular cryptocurrency. It hasn’t lost any of its market success as it continues to reach record highs. According to the Times, in 2021, Bitcoin’s shares climbed to a market high of $68,000. The reasoning behind its continued success is its popularity, reliability, and stability in the market.
Bitcoin is expected to do fairly well in 2022 and experts say it’s a worthwhile investment, even for beginners. With the proper research and patience, investing in Bitcoin can be a good long-term investment.
Ethereum
Ethereum (ETH) is considered by many to be one of the safest and open software platforms available today. It allows people from all over the world to access a wide range of products. ETH is particularly popular among developers and is currently the second-largest digital currency — trading at around $3,200 in January 2022.
ETH’s popularity has risen due to its speed, openness, and ability to run with lower energy requirements than other platforms. It has enough momentum and investors to keep going strong in 2022.
Solana
Described as a blockchain with a decentralized database, Solana has become popular among a network of users. Solana is known for being user-friendly and has considerably lower fees compared with other blockchains. The Solana database can easily track and monitor transactions, making it an easy crypto investment for beginners.
In January 2022, Solana was trading at over $200 a share and with its low fees, is growing in popularity among traders and investors worldwide. It can process over 50,000 transactions per second and promises to increase its currency and value throughout 2022 and beyond.
Polygon
Polygon offers lower transaction fees and a good long-term investment opportunity. It has a blockchain platform with networks that connect with Ethereum networks. Polygon has a transaction speed of over 10,000 per second and is popular among users due to its affordability and speed. In January 2022, it reached over $2.22 per share — making it another rapidly growing currency.
Chainlink
Chainlink (LINK) is part of Ethereum and was originally operated under SmartContract.com. It is a decentralized chain network link that has shown considerable growth since 2014. The Chainlink network is secure and allows effective connections between data and payment systems.
Chainlink’s popularity grew after its partnership with Google. This partnership paved the way for Chainlink’s users to access Google’s cloud services, further increasing investors and trust.
Cardano
Cardano is regarded as one of the best cryptocurrencies, estimated at around $1.30. It is a user- and developer-friendly blockchain. Cardano facilitates transactions among peers and although it occasionally comes across as a risky investment, investors should be able to reap the long-term rewards.
Polkadot
Polkadot (DOT) was created to allow systems to work together effectively. It comprises a parallel blockchain with shared and bullet-proof security. A Polkadot DOT trades for $24.50. The more investors a cryptocurrency receives, the greater the profit and therefore, with its growing number of investors throughout 2021, Polkadot is considered a worthwhile investment
Stellar
Stellar connects financial institutions to facilitate large transactions. It allows transactions to take place quickly with little or no transaction costs involved. As of January 2022, Stellar market capitalization is up to $0.26.
Dogecoin
Dogecoin (DOGE) is the 12th largest cryptocurrency and is used as a form of payment in top-rated companies. Created as a mock of Bitcoin, DOGE is valued at $0.15 a share.
Tether
Tether (USDT) is a popular group of cryptocurrencies that makes transfers from other cryptocurrencies to dollars. Tether is the fourth-largest cryptocurrency, rounding up a market capitalization of $1.26.
Monero
Monero (XMR) is considered one of the most secure cryptocurrencies. It is open source and is popular due to its donation-based community network. The market value of Monero was $192.30 in January 2022.
Seeing as there are many popular coins to choose from, there’s no better time to start actually investing in those you find are worth your time and money. You can always trust Your Friendly Crypto Exchange, IXFI, to offer you the best trading experience, so try it out today.
