Best Cryptocurrency to Invest in 2022 for Short-term Investments
The cryptocurrency market has experienced enormous growth over the past decade, and it is set to expand to new heights in 2022.
There are thousands of options for crypto investors, and here we look at five of the leading cryptocurrencies to invest this year for short-term investments.
Bitcoin
Bitcoin was launched back in 2009, and fast-forward to 2022, it remains the largest cryptocurrency by some distance, with its price movement still having a significant impact on the rest of the market.
It goes without saying that this is one of the best cryptocurrencies, and it is set to hit new heights over the year ahead.
Ethereum
Ethereum is another extremely well-known cryptocurrency, and as it stands, it is the second-largest digital currency in terms of market value.
Everything is in place for Ethereum 2.0 to be launched, which will deal with the biggest problem that Ethereum currently faces, which relates to its transaction speed.
Binance Coin
Binance Coin was launched in 2017 by Binance Exchange, and this particular cryptocurrency trades with the BNB symbol.
It has become the primary coin of the Binance chain, and it is fully expected to reach new heights over the course of 2022.
Polkadot
Polkadot is a unique cryptocurrency as it connects the various blockchains in order that they can all work together, thus creating interoperability with other blockchains.
Since DOT was launched in 2020, it has enjoyed impressive growth, and that is set to continue throughout 2022.
Dogecoin
Since DOGE began in 2013, it has risen in prominence and today it has established itself as one of the leading cryptocurrencies in the entire market, with a loyal fanbase.
It is accepted as a form of payment by a host of major companies, for example the Dallas Mavericks, Kronos and SpaceX.