February 2, 2022

Top four crypto you should invest in 2022

The crypto industry is set to take another big leap in 2022, and there are more investors coming in as they are keen to put their money to good use. As 2022 starts off, it is best for a lot of people to know which is the best crypto that they should invest in.

There is still a lot of hype in the crypto industry at this point. The interest for both coins and tokens continue to take shape and there are a lot of investors who want to make the most of their money. This means that the expectations they have set will surely be put to the test as the industry takes a daring leap for more growth this year.

Over the years, crypto has been utilised in various businesses and services. There are a lot of online casinos, such as Bitcasino, that have allowed the use of crypto in their payment methods. This led to a rise in the number of crypto users who are keen to play in online casinos as well.

With a lot of uses for crypto, it is easy to expect that more people would want to be involved in the industry. This only means that everyone should at least be aware of how the industry works in the coming months with a lot of expectations in 2022.

Here are the top four crypto that you should consider investing in 2022:

Bitcoin

Bitcoin is clearly still the best option when it comes to investing in crypto. Many people still wonder if 2022 is still a good time to place an investment of their own, and so far, the year is starting to look bright for the coin at this point. 

Bitcoin continues to be the deciding crypto as it dictates the general trends in the crypto market. The rest of crypto follow every trend that Bitcoin sets, which is a good look at how the coin manages to stay on top.

In 2021, Bitcoin reached an all time high of $68,000 in value but also dropped lower than $30,000 at the half of the year. This volatility keeps Bitcoin from making a bigger potential rate, but it is starting to look a lot better in 2022.

Some experts say that it is only a matter of time until the coin manages to break through the $100,000 mark. 2022 stands as a good time to invest and ride that wave that will come for Bitcoin.

Ethereum

Ethereum was trading below the $800 mark with a market cap of just over $83 billion. In just a quick snap, ETH’s market cap soon reached over $438 billion, and it was trading over $3,600  with an increase of over 350% to end 2021.

While there is a small gain to start off 2022, ETH is still seen as one of the best crypto to invest in 2022 thanks to its high return of investment rate. This only shows that there is still a huge potential for the coin since there is still a bigger value for it and is not showing any signs of decline.

The ETH network is also turning out to be one of the best blockchain networks that has the ability to solve real-world problems. ETH is used for a lot of innovative applications in finance, and it is also used in gaming, web browsing, advertising, voting and supply chain management.

Ethereum is also working its way to ease the payments for cross border deals. The P2P protocol has also changed the remittance industry, and ETH has made it easy for payments to be sent directly in a quick snap.

Dogecoin

Dogecoin’s launch in December 2013 started off as a Reddit joke coin, but then it went mainstream and attracted a lot of use cases. It is also used as a currency for online tipping and charities.

Over the years, DOGE evolved into one of the most reliable crypto assets and the largest meme coin since 2020. It reached the top 10 list of crypto assets based on market cap, and for a lot of users, DOGE has been a household name ever since.

Perhaps the biggest factor that has affected DOGE’s growth was the bull market in 2020. After the Bitcoin halving, BTC and the entire market started off in a bullish run. DOGE started 2021 with a huge growth as Bitcoin tripled in value as well, and it has benefitted well from the recent surges.

External support from key people such as Elon Musk and Snoop Dog have made a huge impact on DOGE’s prices. So far, their social media talks have led to an increase in the number of Dogecoin investors.

Shiba Inu

Shiba Inu was one of the leading crypto that made its way to the top thanks to the recent surges in the industry. This young coin jumped out to a huge market and has reached the milestone of 1 million holders so far, and that is a great look for one of the popular meme coins in the industry.

Since hitting an all time high in October 2021, SHIB has given up some gains and has led investors to wonder if this was a slow momentum or a bigger shift in the years to come. So far, the value has been consistent and it is still a good idea to invest in Shiba Inu in 2022.

Shiba Inu has three tokens. The first one is used for trading, second is for staking rewards while the third one is for voting on proposals. All of them have played a huge role in shaping the reputation of the coin over the years. 

The biggest strength for Shiba Inu is its loyal community. The Shib Army has played a huge role to drive the big gain that the coin had in 2021. Shiba Inu does not offer anything else that makes it stand out from the other top crypto out there, but that community is unique among others. Just like how Bitcasino stands out with its unique set of games, Shiba Inu has been that interesting crypto for a lot of users.

As 2022 continues, a lot of crypto are stepping up their game with more people becoming aware of the trend. Now there are more people who want to invest in crypto in the years to come.

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