There are various types of cryptocurrencies, also there are various categories of cryptocurrencies. Depending upon performance and market cap various new cryptos like Polygon, Ethereum Classic, Dogecoin is also doing great in the crypto world. Bitcoin has given a good return on investment in this financial year 2020-2021.
Bitcoin is still by far the most popular cryptocurrency and its price movement has a strong impact on the rest of the crypto market. It is considered the original crypto, and its launch in 2009 is what started the whole cryptocurrency movement. The exposure to Bitcoin has instigated crypto investors to realize that Bitcoin is one of the top cryptocurrencies that could hit new highs in 2022
Ethereum (ETH), is a decentralized software platform that enables smart contracts and decentralized applications (dApps) to be built and run without any downtime, fraud, control, or interference from a third party. The goal behind Ethereum is to create a decentralized suite of financial products that anyone in the world can freely access, regardless of nationality, ethnicity, or faith. Crypto investors are expecting Ethereum to take over Bitcoin in the future in the cryptocurrency market.
Solana is one of the top cryptocurrencies that could touch new highs in 2022 in the digital wallets of crypto investors. This cryptocurrency is known for effective, fast, and censorship-resistant blockchain for global adoption. It is expected to have a long-term increase in the cryptocurrency price in 2022 with a promising future. Solana has been a top performer in 2021, rising through the ranks of altcoins to become the fifth-most-valuable cryptocurrency in the world
Polkadot (DOT) is a unique PoS cryptocurrency aimed at delivering interoperability among other blockchains. Its protocol is designed to connect permissioned and permissionless blockchains, as well as oracles, to allow systems to work together under one roof. Polkadot’s core component is its relay chain that allows the interoperability of varying networks.
XRP allows financial institutions to transfer money with affordable fees and minimum delay, attracting many major banks from around the world. Even though XRP has remained on the sidelines, for the most part, its price value started surging around April 2021. XRP is one of the best cryptocurrencies expected to reach new highs in 2022.
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Dislcaimerthis news and reviews blogs are only to educate, inform and deliver information to the public and is not an investment advice. Nothing should be taken as an offer to buy, sell or hold any cryptocurrency