Cryptocurrency is the new “it” thing. It’s hot, trendy, and everyone wants to get in on this ground floor opportunity. The only problem is that there are so many different cryptocurrencies out there that it can be difficult to find which one will work best for you! This article will look at the most profitable cryptocurrency to invest in 2022.
Let’s take a look at these crypto options.
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Bitcoin (BTC)
Bitcoin is the number one crypto in terms of market cap. It has had a tremendous amount of growth over the past year, and it looks like it will continue to grow for some time. Bitcoin also comes with an additional advantage that makes it more desirable than other cryptos – its decentralized nature means there are no third parties or central banks involved when sending money globally, which lowers costs while increasing efficiency. Bitcoin Trader would be the best platform for getting started with crypto trading.
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Binance Coin (BNB)
The first cryptocurrency which enables everyday people to participate in the crypto market with their own trading platform. Binance coin is a great addition for those who want to diversify from Bitcoin and Ethereum as it has not been included on any of the major indexes yet. It currently trades at $14,200 per token with a total supply of 187 million tokens compared to its all-time high of over $2400 back in January 2018 before this bear run started.
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Solana (SOL)
Solana is a Lightning Network-enabled blockchain that’s fast, and Solana is one of many cryptocurrencies projected to be highly profitable investments over the next five years. While Solana has yet to begin marketing efforts aimed at increasing its user base, it recently announced plans to expand its team through multiple key hires, including an executive director who will manage partnerships, among other things, bolstering chances of success as adoption increases.
With strong fundamentals behind this cryptocurrency paired with interest from institutional investors, Solana is a promising investment for anyone looking to enter the cryptocurrency market in 2022.
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EOS (EOS)
EOS is another high-potential cryptocurrency project that’s expected to be highly profitable in five years. EOS has already established itself as one of the most successful blockchain projects to date, with over $four billion raised throughout its initial coin offering (ICO). The EOS team comprises experienced developers and entrepreneurs who have been involved in several successful startups. With an impressive track record, strong fundamentals, and growing interest from institutional investors, EOS looks poised for success in 2022.
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Ethereum (ETH)
Ethereum is currently the second most valuable cryptocurrency globally, and it is also one of the most profitable cryptos to invest in for 2022. Ethereum has a market cap of over $50 billion, and its price has been steadily increasing throughout 2019. More and more companies are also using the Ethereum blockchain to create decentralized applications.
The Bottom Line
The future of blockchain is bright, and it’s not just about Bitcoin. While the initial cryptocurrency mania was all about Bitcoin, people are slowly starting to realize that there are other interesting projects with real-world applications. If you’re looking for the most profitable cryptos to invest in, you must consider the above options.
Interesting Related Article: “What to Expect from Cryptocurrency in 2022?“