You are not alone if you have trouble selecting the best cryptocurrency for your investment. Many people interested in cryptocurrency are still determining where they should invest their money. The crypto team at Traders Union has conducted extensive research, and we are pleased to present an overview of the three best crypto to invest in 2022.
1. Binance Coin
Using the cryptocurrency known as Binance Coin, you may trade and pay commissions on Binance, one of the biggest cryptocurrency exchanges in the world (BNB). Since its introduction in 2017, Binance Coin has become more than just a means of executing deals on Binance’s exchange platform. It is now possible to utilize it for trade, processing payments, or even making trip plans. It can also be exchanged or traded for cryptocurrencies like Bitcoin or Ethereum.
2. Cardano (ADA)
For various reasons, investors are lured to the small size of the Cardano network. Compared to a more extensive network like Bitcoin, Cardano uses less energy to complete a transaction. Trades are consequently faster and more inexpensive. Earlier this year, Cardano introduced a “hard fork” that enhanced functionality, permitting the implementation of smart contracts. According to Mint, a new hard fork called Vasil, which went live on September 22, should increase the Cardano network’s scalability. Cardano has officially made the AdaSwap framework test available for programmers constructing decentralised banking apps.
3. Ripple XRP
Despite being one of the world’s most well-known and valued cryptocurrencies, Ripple XRP is still reasonably priced. Don’t let the coin’s expensive cost deter you; it is incredibly promising and has already shown to be an excellent investment. XRP has consistently been ranked among the top 10 cryptocurrencies on CoinMarketCap for the past few years.
Despite all difficulties, this coin has persevered through hardship and remained resilient, and its average value has increased over time. XRP has mooning potential despite having yet to surpass its previous ATH from 2018. Furthermore, XRP is a cheap cryptocurrency that will profit significantly from broad adoption, making it worthwhile to watch.
What Is BitTorrent(BTT)?
The most well-liked decentralized protocols and applications on the TRON network are powered by BTT, a TRC-10 utility token. Numerous decentralized applications, such as DLive, BitTorrent Speed, BitTorrent File System, and many others, are powered by this coin. BTT seeks to empower and develop the world’s most extensive decentralized file-sharing protocol by enabling and building an open-source community.
Bram Cohen introduced this idea in 2001, but the TRON blockchain acquired it in 2018. Finally, in 2019, it introduced its own native BTT token. One of the most popular decentralized P2P communication protocols today is BitTorrent. The project’s initial goal was to streamline and speed up the entertainment sector, which had amassed excessive data.
Will BitTorrent Coin reach $1 in 2030?
BTT will only be able to achieve $1 in value by 2030, given its current growth pace. This is because the global supply of money is meager. BTT’s massive circulating collection prevents it from ever reaching $1 because doing so would give it an absurd $923 trillion market cap, which it cannot currently achieve. Furthermore, as crypto exchanges still need to be regulated, they might need help to handle that volume. In other words, BitTorrent (BTT) can become more expensive, but not to $1 soon. There is just no way for BitTorrent (BTT) to achieve $1, which answers the question, “Will BitTorrent coin reach $1 in 2030?”
Conclusion
You may get started by looking at our list of the top 3 cryptocurrencies to invest in. Check out our inventory in more detail to help you decide where to invest your money. Many cryptocurrencies are cheap, but most are not worthwhile investments. Most cryptocurrencies increase together with the overall cryptocurrency market. Look for cryptocurrencies that react favorably to market trends to find ones with mooning potential.
