6 Best Cryptocurrencies to buy 2022

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The global market capitalization of cryptos dropped just once over the last decade in the last decade. The best Cryptocurrencies to buy in 2022 are certified by previous and consistent performance. Although, past performance isn't usually indicative of future performance, and it's true that the pandemic era saw some irresponsible crypto speculation, with digital asset fraud reaching an all-time high in 2021.
 

Scams and "rug pulls" like the Squid Game token, when scammers turned off the ability to sell the token and walked away with the gains, cost billions of dollars. Crypto, on the other hand, is rapidly becoming more widespread, and while regulation is a risk, it's also one of the largest bull cases, as digital assets are legitimized by strict standards from governments throughout the world. Here are the best Cryptocurrencies you can buy in 2022. 

1. Bitcoin (BTC)
Bitcoin is the largest cryptocurrency by market size and the most well-established store of value in the asset class, making it a must-have for any crypto investor. Bitcoin has been around since 2008, and has a market capitalization of about $900 billion. 

It is the only digital asset with a U.S. exchange-traded fund that tracks its fluctuations and accounts for approximately 40% of the total value of the cryptocurrency market. BTC is the most mature cryptocurrency in its class and a required investment for the crypto-curious. Companies like Tesla Inc. (ticker: TSLA) and MicroStrategy Inc. (MSTR) have BTC on their balance sheets.

2. Ethereum (ETH)
Despite being a distant second to Bitcoin in terms of market capitalization, Ethereum, which accounts for roughly 20% of the global market, is arguably on the verge of overtaking Bitcoin in terms of prominence. That's because it serves a purpose other than just a store of money, with the Ethereum network easily claiming the title of most widely used blockchain on the planet. 

Ethereum's native currency, Ether (ETH), is one of the finest cryptocurrencies to buy because it supports smart contracts, nonfungible tokens, and even other cryptocurrencies. When it switches from the proof-of-work to the proof-of-stake protocol, ETH will become significantly more energy-efficient than Bitcoin, removing the far more energy-intensive need to validate transactions on the blockchain through complicated computing operations.

3. Solana (SOL)
Solana has tackled one of Ethereum's main problems: transaction costs. Small Ethereum transactions are financially untenable due to these "gas fees," however Solana's fees are a fraction of ETH fees. 

Solana, like Ethereum, was designed to be a top-tier platform for decentralized finance, or DeFi, which eliminates financial middlemen, traditional financial gatekeepers, and organizations such as banks, brokers, and centralized exchanges. Solana, which was launched in 2020, has a tiny but growing market share, with the coin's value rising from $1.51 at the start of 2021 to more than $160.

4. Cardano (ADA)
Cardano is one of the largest blockchains to successfully operate the more energy-efficient proof-of-stake protocol, having been founded in 2017 by Ethereum co-founder Charles Hoskinson. Cardano intends to create a developer-friendly decentralized application (dApp) environment. Cardano, unlike Ethereum, has a hard limit on the amount of coins that can ever exist, which is set at 45 billion. 

Fortunately for investors, 33.5 billion, or roughly 74%, of that supply is already in circulation, implying that the amount of dilution left is both predictable and limited. Cardano has risen from 22 cents to almost $1.30 in the previous year, making it one of the finest cryptocurrencies to invest in right now.

5. Dogecoin (DOGE)
Yes, Dogecoin is well-known as a meme-inspired cryptocurrency that started off as a joke. But, first and foremost, being a meme token is far from an indictment in the crypto world, where Dogecoin and Shiba Inu both rank in the top-15 in terms of market valuation. 

However, there is a serious reason why Dogecoin is one of the best cryptocurrencies to invest in right now: Elon Musk is a true believer, not just an ironic fan, as he was rumored to be during Dogecoin's epic rally in 2021, and the Tesla CEO stated as much in an early January podcast with Lex Fridman.

6. yearn.finance (YFI)
Yearn.finance, the hottest coin you've never heard of, is a $1.4 billion token with a lot of volatility: Prices have varied from $18,566 and $93,435 in the recent year. Yearn.finance is the 80th-largest cryptocurrency by market capitalization, currently selling for over $38,000. 

It also has a noble goal: to open up the DeFi arena to non-technical investors and users by allowing for optimal yield farming profits. Decentralized finance as a whole is very certain to increase over time, but the area remains technically tough, so technologies like Yearn.finance, which promise to make onboarding users easier, have a bright future. 

In the short term, YFI outperformed most other cryptos in late December and early January 2022, gaining more than 20% as most others sank.

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