The first quarter of the year 2022 never failed to surprise crypto enthusiasts and experts. We have witnessed rare market disruptions, with top coins like Ethereum and Bitcoin declining in market value over the past six months. This also captures the seeming fall of Terra, leaving many aspiring cryptocurrency investors with the big question, “what safe crypto investment can be made in this latter part of 2022, particularly in June?”
However, contrary to the fall of several cryptos, experts believe there will be a bounce-back eventually. With this in mind, knowing the right time to put in your fiat currency for cryptocurrencies that exhibit a considerable potential to blossom would be crucial. This guide will bring you our list of top 4 cryptos worth some investment in the remaining quarter of 2022.
If you’re, however, short on time and cannot go through our entire guide, here is a detailed outline of our review to help you get the hang of top crypto investments
Attention: This is not financial advice, as you are encouraged to also do your research on individual cryptos before making any risky investment.
Top 4 Cryptocurrency Investment In 2022
Table of Contents
Let’s go straight to our list of cryptocurrency investments that could take the main stage as 2022 folds up without any further ado.
NOTE: All “market cap” values are effective as of this writing and are subject to change with coin transactions and investment moves.
Bitcoin ( BTC )
Market Cap: $577.66 billion
Created by Satoshi Nakamato and sent into circulation in 2009, Bitcoin is known to be the predecessor of every other cryptocurrency on the market, being the most popular and most prominent. Upon hitting an all-time high market value of over $68k in November 2021, the market value of Bitcoin can be seen to have drastically reduced over the last six months, staggering between $38k and $40k (the current value of Bitcoin is $30,343.94 for each token).
While cryptocurrency enthusiasts with little or no experience with coin investment may presume this price decline to be a red flag, professional investors understand how best it is to invest in crypto when a substantial “dip” occurs.
In addition, Bitcoin has survived several attempts of the coin market to crash, always making it back to the top every time. Furthermore, market analysts have predicted that BTC will reach a new all-time high of $70k by 2022. This is why you should consider putting Bitcoin in your basket of cryptocurrencies to consider for huge-profit investment.
Recommendation:
For investors looking for a cryptocurrency that allows them to “buy the dip” more often, Bitcoin is your best bet.
Ethereum ( ETH )
Market Cap: $218.16 billion
Ethereum — which needs no formal introduction — is the second biggest cryptocurrency in the world. Because of the versatility of its network and the promotion of several decentralized activities, Ethereum is considered a good investment move in 2022. Although there has been a lot of criticism about the hike in Ethereum’s gas fee, the good news is that the developers have considered the complaint with the proposed launch of ETH 2.0.
This new version set up for the occasion in August makes proof-of-stake from proof of work and brings more scalability to the blockchain. This means that there will be a low gas fee on every transaction on the Ethereum network.
Recommendation
As one seeking to leverage the ETH 2.0 upgrade, now is the time to invest in Ethereum before August comes knocking.
Cardano ( ADA )
Market Cap: $21.82 billion
Cardano sits chiefly among cryptocurrencies with huge profit potential as it plans to proffer a solution to the deployment of Ethereum’s smart contract and BTC’s price scaling issue. After the 2021 network upgrade, Cardano — crypto with state-of-the-art technology — has multiplied the number of smart contracts hosted on its blockchain. This makes it not just promising but a worthy opponent to Ethereum and a great investment option.
Not talking only about intelligent contracts, Cardano has launched a few other thrilling features, such as creating tokens over time. This innovation has recorded good performance in 2021, with an increase in value up to 720%.
If Cardano’s development of intelligent contracts pans out well, there is a massive chance that this cryptocurrency will end in 2022 as one of the most profiting cryptos.
Recommendation
Cardano is a great way for starters and believers in innovation to leverage the crypto world.
Solana ( SOL )
Market Cap: $13.33 billion
The cryptocurrency Solana is one of the most popular “open-source” projects that adopt the use of blockchain technology to fix issues that are known to DeFi ( Decentralized Finance ). Top-tier cryptocurrency investors know the importance of bringing DeFi to the center stage. For a project like Solana to demonstrate capability in actualizing this goal with top-notch scalability and low transaction cost, it is an indicator that it will yield profit as 2022 ends.
Asides from the prediction made by experts that Solana will cause a 400% increase sooner in the future, it has continued to reach new heights since its launch.
Recommendation
Solana is gradually paving the way for the development of DApps and seamless transactions. Taking this crypto investment in 2022 serious is a great way to scale up your finance.
Final Thoughts
We believe this review will guide you to make the best cryptocurrency investment in 2022, having taken the time to break down the basis of individual projects on our list — concerning their profit potential and the risks involved in investing.
We expect that you will make good use of the information provided, backed with personal research, to realize a reasonable profit in 2022.
FAQs on Cryptocurrency
How Can I Invest in Crypto?
You can invest in cryptocurrency by buying them when it is profitable. Several authorized platforms and exchanges allow you to bag some coins in 2022. An excellent example of these platforms includes Coinbase, Gemini, and Kraken, among many others. Also, brokerages like Robinhood and WeBull give room for people to purchase crypto.
What Does Altcoin Mean?
What comes to your mind when you hear the word crypto is Bitcoin. The reason is that it is the first cryptocurrency and makes up over 45% ofnt6h entire crypto in the market. In this effect, any other cryptocurrency apart from Bitcoin is considered an Altcoin, with Ethereum being the most popular.
What is The Hype About Cryptocurrencies?
There is no doubt a rising interest in cryptocurrency because of how it continues to break new grounds in the world of digital currency. While the primary goal of cryptocurrency was centered on decentralizing fiat currencies across the globe, we have noticed a lot of innovation that has given rise to utility cryptos (all thanks to blockchain technology).
Consumers can now access premium services and products by owing exceptional cryptocurrencies. This is why it is essential to start investing in them now.
