I think before 2021 many people do not know about what cryptocurrency is and how it works but at this time many people already understand the value of cryptocurrency in the future and they want to invest in crypto currency to make more profit and also try to secure their future.
Cryptocurrency is the most valuable part of your investment and you can own many crypto coins to maximize your investment and diversify them. Try to use portfolio tracker to track your profit and loss time to time in each coin.
I am not telling you to buy these given coins at their high price, wait for the correction in the market because the market will never go only upside. Some correction and crash in the market will always give you an opportunity to make your bag full. And also try to do DCA(Dollar Cost Average).
Before we start talking about the Top 5 crypto currency for 2022 there is no formula to determine best crypto this is all based on my research and own experience. So before investing your money, search the blockchain and technology on which that coin is working. This will make you strong during the market turmoil and high volatility, because if you know about the coin's history you will relax during all this market volatility and crash.
Let us start our list of…
Top 5 Crypto To Invest In 2022
1.Bitcoin(BTC)
Whenever we talk about cryptocurrency, how we forget Bitcoin, because there is only one king in Crypto whose name is Bitcoin.
In the starting of 2021 Bitcoin price was $28,900 and currently as of November 2021 it’s price is $62,000 which is almost 135% up. Bitcoin made its ATH near $67,000 and it has some resistance. If bitcoin will be able to break its ATH then we can expect bitcoin at $1,00,000 above.
Many big investors are thinking Bitcoin as a future currency and also they invested in this many years ago for ex. Michael Saylor etc. So that can be the biggest reason to invest your portfolio in Bitcoin.
At the time of writing Bitcoin was trading at $61,630 and
Its circulating supply is 18,865,475 BTC.
Max Supply is 21,000,000
2.Ethereum(ETH)
Yes, Ethereum is 2nd in our list of Top 5 cryptocurrency. Because after Bitcoin if any coin is in 2nd position or in 2nd priority then it is Ethereum.
If we talk about Ethereum blockchain then it has wide use in the cryptocurrency world and we can't imagine a crypto world without ether. On the Ethereum based blockchain coin or token is known as ERC-20 token and Dogecoin is also ERC-20 token which is based on ether network, also there are many coins which have high market cap and they are based on ERC-20.
Ethereum is not only a coin like Bitcoin. It has its own open source blockchain. It is use to pay fees and carry out the other transactions.
In the starting of 2021 Ethereum price was $740 and currently as of November 2021 it’s price is $4,365 which is almost 520% up.
At the time of writing Ethereum was trading at $4,544 and
Its circulating supply is 118,231,111 ETH.
Max Supply is ∞.
3.Binance Coin(BNB)
There is no crypto person who doesn’t know about Binance. It is the world's top leading Cryptocurrency exchange. People use their exchange for Spot trading, future trading, staking etc. Also its native whose name is BNB. The Binance community always comes with unique ideas, for ex. Binance smart Chain(BSC). Their BNB coin is also used to pay gas fees and in many places they replace Ethereum. This type of community and this type of coin use in future will make prices go up.
At the time of writing Binance Coin was trading at $667 and
Its circulating supply is 166,801,148 BNB.
4.Axie Infinity(AXS)
Before some time ago you didn't know that blockchain could be used in the gaming industry. Axie Infinity is a blockchain based trading and game battle.
Axie Infinity provides a platform to play and earn AXS. This token can be used to buy land (which is virtual land) and by playing on the land you can earn another token which is SLP (Smooth Love Portion). This is not enough, you should know that each Axie creature in the game is a Self Non Fungible Token(NFT). And you know the hype of NFT and its sell price in 2021.
As the time passes the gaming industry gets hype and Axie Infinity is doing great in their field. So this coin is also best for 2022.
In the starting of 2021 Axie Infinity price was $0.55 and currently as of November 2021 it’s price is $166 which is almost 30000% up.
At the time of writing Axie Infinity was trading at $155 and
Its circulating supply is 60,607,500 AXS.
Max Supply is 270,000,000.
5.Solana(SOL)
For many crypto investors, Solana cryptocurrency will make huge profit and make sense in 2022. Solana is a highly functional open source project that provides decentralized finance solutions on blockchains technology.
In the starting of 2021 Solana price was $1.52 and currently as of November 2021 it’s price is $252 which is almost 14,800% up and if we talk about its ranking then now it’s in top 5 cryptocurrency on Coinmarket cap.
At the time of writing Solana was trading at $251 and
Its circulating supply is 301,210,520 SOL.