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Top 20 Cryptocurrencies Worth Checking Out In 2022.pdf
1. The crypto space is much bigger than just Bitcoin,
Litecoin, and Ethereum.
There are hundreds of cryptocurrencies available to buy or trade, each
with its unique spin on blockchain technology and different intended
usage. This page contains our ranking of the 20 cryptocurrencies that
show the most potential. Keep an eye on them and work to avoid
cryptocurrency scams.
2. This list takes into account coin value, how many coins are in use, the
legitimacy of the individuals behind the creation of each coin, and its
general popularity and usability.
It’s important to consider all of this information when thinking about
investing time or money into a cryptocurrency. After all, a crypto coin
that’s worth a lot of money is of no use if it’s not accepted anywhere.
Likewise, a coin that has a lot of buzz may be all smoke and mirrors if
it never increases in value and is surrounded by controversy.
This information is intended to help educate our readers about the
choices available in the cryptocurrency field. It isn’t meant to be
interpreted as financial advice. As with all investments, those involved
should take responsibility for their buying and selling decisions. No
one should spend more than they are willing to lose, especially in a
market such as cryptocurrency, which is relatively new and fluctuates
massively on a daily basis.
3. 1: Bitcoin Is the King of Crypto
Bitcoin (BTC) may not be as technologically advanced as some of its
rivals, like Ethereum. Still, it has something that many of them don’t:
brand recognition. Bitcoin is the original cryptocurrency and is
well-known in technology circles and also by the general public.
4. Many people choose to buy Bitcoin because it’s likely the only
cryptocoin they’ve heard of. As a result of this popularity, more
businesses now accept Bitcoin payments, and it’s significantly easier to
convert Bitcoin to traditional or fiat money than other coins.
Bitcoin is to cryptocurrency what the Apple iPhone is to smartphones.
It may not technically be the best option, but its head start in the
industry resulted in a lot of support from consumers and businesses. It
will be hard to beat without significant innovation from the
competition.
2 & 3: Runners-Up: Litecoin and Ethereum
Litecoin (LTC) and Ethereum (ETH) are solid second choices to
Bitcoin and have grown in popularity mostly due to Coinbase, the
most popular place to buy and sell cryptocurrency online, adding them
alongside Bitcoin. These cryptocoins feature cheaper and faster
transactions than Bitcoin and many Bitcoin ATMs also support them.
5. Litecoin is based on Bitcoin technology. It is run by different
individuals who constantly upgrade it with the latest tech to help it run
faster and better. Ethereum is a bit different because it doubles as a
programming language on top of its cryptocurrency use. It’s popular
with developers, and major companies such as Microsoft have
expressed interest in developing Ethereum-based projects.
4–10: Cryptocoins to Keep an Eye On
Bitcoin, Litecoin, and Ethereum may be considered “The Big Three” by
most people. Still, there are legitimate crypto rivals on the horizon that
have gained traction and could give them a run for their money. Here
are seven with the biggest potential:
● Dash: Dash (DASH) launched in 2014 as a
blockchain-powered, decentralized, digital cash alternative to
PayPal. From its cool logo to its apps and integration with
numerous merchants and services, Dash is a cryptocurrency
6. that aims to make the technology approachable to the average
consumer.
● Monero: Monero (XMR) is often referred to as the privacy
coin because transactions on its blockchain are more difficult
to track than with Bitcoin and other cryptocoins. Monero’s
technology makes it difficult to integrate Monero into
cryptocurrency software and hardware wallets, but that
hasn’t stopped investors and casual users from checking it
out.
● OMG Foundation (formerly OMG Network): OMG
Foundation (OMG) is a financial solution based on the
Ethereum blockchain and technology. It allows businesses to
process payments from a variety of crypto and fiat
(traditional) currencies in both a quick and affordable nature.
It is already being implemented in some major businesses,
such as McDonald’s, in several Asian countries. There is a lot
of support behind OMG Network, with an impressive list of
advisors and companies such as SBI Investors and SMBC
investing in it.
7. ● Ripple: Ripple (XRP) is a blockchain solution designed for
major financial institutions to increase security and
transaction speed while reducing the associated fees. Over 75
major financial institutions such as Westpac, MUFG, UBS,
and American Express have begun working with Ripple.
● Zcash: This cryptocoin is a direct rival to Bitcoin, Litecoin,
and other traditional cryptocurrencies. It aspires to become a
mainstream payment option for consumers. Zcash (ZEC)
provides more security and privacy than Bitcoin, but most
people interested in such features usually prefer to use
Monero.
● BCash/Bitcoin Cash: Bitcoin Cash (BCH) gets a lot of
publicity and is often one of the most valuable
cryptocurrencies on the market. It’s important to understand
that Bitcoin Cash has no connection to Bitcoin, despite its
name, and that it is a controversial coin due to many people
behind its creation promoting it as “the real Bitcoin.” This
misinformation has resulted in new investors mistakenly
buying Bitcoin Cash instead of Bitcoin. Many services now
refer to it as BCash to limit the amount of confusion around
8. it. With more people educating themselves on
cryptocurrency, it’s unclear how popular Bitcoin Cash will
remain going forward.
● Steem: Steemit is a decentralized blogging platform. Steem
(STEEM) is the cryptocurrency that’s rewarded to users for
posting, commenting, upvoting, and sharing content on
Steemit.
11–20: Cryptocurrencies With Potential
The following cryptocurrencies may not have made it into our Top 10
most-interesting coins, but they still have potential and could quickly
rise up the list if given the proper support.
● Dogecoin: This cryptocoin is a basic coin used for making
payments. The Dogecoin (DOGE) technology will have a hard
time competing with the likes of Litecoin and Bitcoin.
However, its logo, that of the popular meme featuring a Shiba
Inu, has done a great job of attracting users to its platform.
9. Dogecoin is definitely the most fun cryptocurrency. In
January 2021, Dogecoin was thrust into the spotlight when a
Reddit group called SatoshiStreetBets decided to pump up
Dogecoin’s stock, with its price soaring over 800 percent.
● Golem: Golem (GNT) is a project that aims to make cloud
computing decentralized. Essentially, entire websites and
services will be hosted on users’ computers. Those who opt-in
to provide their computer to be part of the service will be
rewarded with the Golem token (or coin).
● SALT: SALT (SALT) is a blockchain-powered loan platform
where users deposit their various cryptocurrencies and
receive a real-world money loan.
● NEO: NEO (NEO) is a Chinese cryptocurrency that had a
rough start due to mainland China’s constantly changing
stance on cryptocoins. NEO eventually recovered. Many see it
as a coin that could be huge in China if the country ever bans
other cryptocoins.
● IOTA: IOTA (IOTA, MIOTA) is a blockchain-powered
marketplace for providing and selling data. The IOTA service
10. is quite niche, but its cryptocoin has garnered a fair bit of
buzz from the crypto community.
● EOS: This cryptocurrency is a direct competitor to Ethereum
and promises to process payments with zero fees, which
would be a first for a cryptocoin. It’s unclear if EOS can
compete with the massive popularity of Ethereum.
● Stellar: Stellar (XLM) is an open-source blockchain project
that aims to revolutionize the banking industry with faster
and cheaper international payments.
● TRON/TRONIX: The TRON project aims to decentralize
entertainment and offer a distribution method that benefits
creators and consumers by protecting copyright and reducing
costs. TRON’s cryptocoin is TRONIX (TRX). It, along with
other coins, can be used to purchase content and services on
the network.
● Civic: This secure identity database has garnered a lot of
media attention due to its potential for creating a global
database for storing and sharing personal and medical data in
a secure and decentralized way. Civic (CVC) has found a
niche for itself in the crowded crypto space and has few rivals.
11. ● USD Coin: USD Coin (USDC) is an Ethereum-powered
stablecoin that was created to work as an alternative to the
traditional U.S. dollar. Being a stablecoin, its value will
always be equal to that of the U.S. dollar, making it a less
risky investment than other cryptocurrencies that function
independently of mainstream finance.
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