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5 Cryptocurrencies to Keep Your Eye on in 2022

Crypto currency

By Abhishek GuptaPublished 2 years ago 3 min read
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Cryptocurrencies are a hot topic these days. You can’t scroll through your newsfeed without seeing an article about Bitcoin or other cryptocurrencies. The question on everyone’s mind is: what will happen in 2022?
Here are five cryptocurrencies worth keeping an eye on for the next few years, and why.

What will happen in 2022 with cryptocurrencies?
Cryptocurrencies are a hot topic these days. You can’t scroll through your newsfeed without seeing an article about Bitcoin or other cryptocurrencies. The question on everyone’s mind is: what will happen in 2022?
Here are five cryptocurrencies worth keeping an eye on for the next few years, and why.

Bitcoin (BTC): Bitcoin is still the king of all cryptocurrencies. In 2019, Bitcoin lost 30% of its value and it doesn’t seem to be slowing down anytime soon. There are some who believe that this is just a part of the natural life cycle of Bitcoin, and that it will rebound at some point in 2022. Others think that Bitcoin will never come back in full force again because there are now too many other crypto coins to compete with it.

Ethereum (ETH): Ethereum has gained traction recently as its price has been continually rising since September 2018. While Ethereum has had quite a rollercoaster ride over the last few months, it is possible that its price could continue to rise in the coming years if more people adopt it as a currency and utilize its other features like smart contracts.

Ripple (XRP): Ripple is another cryptocurrency worth keeping an time on. It's ranked 3rd by market cap, which makes it one of the most valuable coins on the market right now. Its goal is to lower transaction costs for banks and financial institutions while still being able to process large volumes of transactions quickly and cheaply. This could make


Bitcoin
Bitcoin is undoubtedly the most popular cryptocurrency. It’s been around for the longest time and has a market cap of more than $300 billion. Bitcoin started out at less than a dollar, but it’s now worth over $6,000 per coin.


Ethereum
The Ethereum blockchain is the most popular and widely used cryptocurrency in the world. In fact, it’s been called “the world’s computer.” Ethereum has smart contract capabilities that can help simplify transactions for businesses. Some companies are already using Ethereum to handle transactions.
In addition to being a cryptocurrency, Ethereum also has a platform for decentralized applications (DApps) and initial coin offerings (ICOs). It’s easy to see why so many people are interested in this currency, and why it will likely be one of the most successful cryptocurrencies in 2022.


Ripple
Ripple is a cross-border payments solution. It’s used by a lot of banks for international transactions. But, Ripple is more than just an alternative to SWIFT. It also has cryptocurrency qualities to it. With Ripple coins, you can send funds anywhere in the world without incurring high transfer fees that credit card companies charge. Plus, there are no delays in transaction times like with Bitcoin.


Litecoin
Litecoin is one of the most popular cryptocurrencies. It is a peer-to-peer cryptocurrency that was released in 2011, and it has nearly identical features to Bitcoin. The only difference is Litecoin processes block transactions more quickly and efficiently than Bitcoin.
Litecoin is worth keeping an eye on because it’s popularity and similarity to Bitcoin can make it a high demand coin.


Dash
Dash is a digital cash currency. It’s been around longer than Bitcoin, and its transaction fees are lower. Dash has the infrastructure set up to make it easier for businesses to use their cryptocurrency.


Conclusion
Cryptocurrencies are a hot topic and people are becoming more and more aware on the different types of coins and their corresponding values. If you’re not sure what to invest in, or maybe you’re just starting to invest in cryptocurrencies, this article will give you a few coins that may be worth keeping your eye on.

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