Cryptocurrency investments are booming the financial investment market these days, and the financial investors are showing interest to invest in many cryptocurrency platforms as an alternative source of income. However, many popular cryptocurrencies like Bitcoin and Ethereum are volatile, and Open an account you must have an excellent strategy to invest in them.
With global adaptation and many rules and regulations to protect investors, investing in cryptocurrencies has become much more manageable. Below highlighted are give top-performing cryptocurrencies that you can choose to invest in 2022. Let’s check them out-
It is one of the most popular non-fungible tokens (NFT) marketplaces and is worth investing in. It is a cryptocurrency to back a real estate metaverse, and if you are interested in the metaverse, Decentraland is for you, making it similar to Sandbox.
All you need to do is buy and develop a property virtually like it is done in the real world. The current price of one MANA is $0.798. According to many experts, the price of MANA is expected to increase, and thus it is suitable for those who are looking forward to make financial investments.
The Sandbox (SAND)
It is an ecosystem where you can not only be a gamer but also develop, own and generate revenue using NFTs. NFTs will grant you a digital certificate of freehold. You can create ad customize your characters and use them to earn rewards from the game. The NFTs will enable you to own your digital assets on the platform. The token used by Sandbox is called SAND.
The Sandbox is built on metaverse, which provides a virtual estate where you can buy, develop and own digital properties using LAND tokens. Metaverse is currently in popular demand, with companies like Meta betting on it.
Battle Infinity (IBAT)
Next comes in the list the Battle Infinity, one of the finest cryptocurrencies that you can choose to invest in. Apart from this, the game also provides an NFT marketplace platform where you can mint the tokens and sell your artwork. Various customizations regarding your avatar are also provided, and you can choose and buy as per your wish.
Like Decentraland, you have got convenient options to buy virtual property on a different platform, which can be used for advertisements. Moreover, there is also a decentralized finance (Defi) platform where you can easily exchange tokens. Altogether, Battle Infinity has six different platforms which will enhance your income.
Ripple’s XRP is best to consider for international transactions. In 2020, as per the financial investment reports, XRP entered into a conflict with the US securities, which caused its value to fall drastically. It had dropped to the sixth position from its third position in the list of high-value cryptocurrencies.
The fall has led to many desperate measures for a speedy recovery, and now you can buy XRP tokens at a discounted rate. Currently, it is under $1 per token.
However, experts say that XRP has a huge potential to recover and claim its previous position in the list of largest cryptocurrencies. It is expected to reach $2.14 by December.
Next comes into the list Solana. This particular type of cryptocurrency is similar to investing in Ethereum. Solana allows the functioning of smart contracts and therefore is suitable for Defi transactions. Diving deeper into Solana, it is also known as the “Ethereum killer” as it is an alternative cryptocurrency platform to Ethereum and provides more accessible transaction methods.
Talking more about Solana, it uses a proof-of-stake blockchain system that is more efficient and enables transactions faster. Solana platform can handle up to 65000 transactions in 1 second, while Ethereum can handle only 16. This makes Solana better than Ethereum. Therefore, Solana is expected to dominate the smart contracts and is suitable for investments in 2022.
So, these were the top 5 cryptocurrencies worth investing in 2022. If you are planning to invest in cryptocurrencies, these potential cryptocurrencies should be your target. Bitcoin and Ethereum are also suitable for investments, given they are the most popular cryptocurrencies, but, as a beginner, you can invest in the cryptocurrencies mentioned above. Click on the website to start investing from a secure app.