The most profitable cryptocurrencies in 2022

Written by

Daniel Pop

Daniel Pop

Published on

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Written by

Daniel Pop

Daniel Pop

Published on

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You are looking for the most profitable cryptos to invest in. You want a constant passive earning, or maybe you are a beginner trader in the crypto world, and you want to know which are the safest investment. You are in the right place.

Before I start this article – I just want to warn you of one thing: Invest only the money you afford to lose. Be patient and consistent in your investments, and don’t panic.

You certainly agree that the last year was one of the most difficult for the global economy. Maybe you had some investments in the stock market, and you were scared when you saw everything in the red line, but this year brought substantial increases and even recoveries that we did not expect. In this sense, more and more investors have accessed the world of cryptocurrencies as a possible alternative. Every cryptocurrency has a vision and a story behind it that convinces you to purchase.

The cryptocurrencies presented in this article can be traded with confidence on Coinzix.

The current year seems only good for the continued adoption of cryptocurrencies and a massive change in the existing financial system. We are truly experiencing the fourth industrial revolution, and blockchain technology is considered to be transformative. We deal with fast 5G communication systems, AI, machine learning, and autonomous systems. Undoubtedly, more and more institutions will adopt these technologies in the end. The question is not whether they will do it, but when.

For example, “JP Morgan started collecting Coinbase and Gemini; PayPal has launched a new service, allowing users to buy, sell or keep cryptocurrencies; Fidelity has launched a Bitcoin index, which seems to be the latest game on Wall Street for crypto.”

But let’s move on to this article topic: what are the top 5 cryptocurrencies to invest in, in 2021.

1. Bitcoin

The old Bitcoin is not going out of style. Year after year – this crypto-currency amazes investors with the best growth rates. BTC, by its code name, surprised everyone and reached a new high of $64,600.

Will Bitcoin continue this path until the end of the year? Nasdaq analysts say that by the end of this year, BTC will reach $100,000, and by 2025 it will reach $1 million, according to CoinDesk.

Tom Lee, the managing partner at Fundstart Global Advisors, expects Bitcoin to replace gold as a value stock.

Here are some benefits to invest in BTC :

Bitcoin has had several ups and downs in the last three years, rising to $30,000 in December 2020 and surpassing $45,000 a few weeks later. Since then, Bitcoin’s value has been relatively constant, making it one of the safest investments for newcomers to the crypto world. However, there is a much more compelling justification for the price of Bitcoin to rise this year. When financial institutions look for a better stock of value, we can see another rise in Bitcoin prices. Usually, this would be gold, but it seems that many Wall Street figures are beginning to realize that Bitcoin retains its value better.

You can buy Bitcoin and Ethereum from COINZIX ATMs with cash in just a few minutes.

2. Ethereum

Ethereum is an open-source currency, decentralized blockchain technology. This currency is one of the largest cryptos by market capitalization, second only to Bitcoin (BTC). Although Ether has a lower market capitalization than Bitcoin, Ethereum is the most widely used blockchain.

One important thing to understand about Ethereum is that it is not the same as Bitcoin. Given that the goal of Bitcoin is primarily to be a digital currency, Ethereum aims for something more. Ethereum is an open-source operating system and computing platform. It also supports distributed or decentralized applications (dApps).

Another key aspect of Ethereum is that it allows for decentralized funding, which is an important part of how the system works. Because the system is inherently decentralized, there is no single entity that controls it.

Like many other cryptocurrencies, the price of ETH has fluctuated a lot since it was launched in 2015. At that time, its price was about $1, and it remained there for several months. The price reached 1,358 USD in January 2018, the highest price recorded so far. After that, the price began to fall, as did the price of many cryptocurrencies; Ether reached $83 in December 2018.

At the beginning of April 2020, the price was around 140 USD; and as of May 18, it’s about $3,349, according to Coindesk. This is pretty strong growth in just over a year. However, it has since fallen to $1,848 since June 25.

Why invest in Ethereum?

The Etherum blockchain can be used for many different applications. Tally Greenberg, head of business development at Allnodes: “Ether is the cryptocurrency needed for any transaction made on Ethereum, a blockchain network of applications. Blockchain technology with unlimited potential.”

Blocklink owner Sam Bretzmann agrees: “The difference is that instead of investing in individual projects that may or may not be realized, you can invest in infrastructure.”

Important: ETH can be bought from crypto ATMs with cash. Read this article about the increasing number of ATMs around the world.

3. Ripple: XRP

Ripple was created as a financial payment system alternative to transform and facilitate cross-border payments, making them 100% secure, almost free, and instant.

In addition, Ripple has contracts with major banks around the world. The more contracts it has, the more affordable it becomes for adopters.

At first, Ripple, in 2013, attracted the attention of many financial institutions. Years later, it was adopted by over 100 financial institutions. In 2020, the Ripple blockchain expanded to more than 300 suppliers in 40 countries, including Banco Santander (SAN) and American Express (AXP), JP Morgan (JPM), and HSBC Holdings (HSBA).

According to the Official Monetary and Financial Institutions Forum (OMFIF) report, Ripple could “position itself as an alternative to SWIFT,” solving five significant issues: security, speed, traceability, cost, transparency, and risk management.

Why investing in XRP?

First of all, it is affordable. Ripple trades at $1.08 per coin; therefore, you can buy a serious amount of Ripple for less than a few hundred dollars.

Ripple reached an all-time high of over $3.10 in 2018, but some market analysts believe it will cross the $1,000 barrier over the next 10 years. Other forecasts are much more optimistic.

Ripple solves problems and creates opportunities for large financial institutions. It also accelerates the flow of capital, which is excellent for the economy. But Ripple could work for small business owners as well.

Ripple is not just another cryptocurrency. Ripple is more than a cryptocurrency or a technology, it is a full-fledged company! Ripple Labs Inc. has over 500 full-time employees, including public relations and marketing specialists who promote the technology to banks, investors, new users, and the public.

Finally, Ripple is supported by partnerships and stable investors. Ripple has probably the best support from financial institutions in the entire cryptocurrency market. In some circles, it is more enjoyable than Bitcoin.

4. Litecoin

One of the top 10 cryptocurrencies in the world, Litecoin (LTC), joined the $1 billion market capitalization club in 2017. Litecoin’s infrastructure is similar to Bitcoin and is extremely affected by changes in the price of Bitcoin. Moreover, because it is relatively smaller than Bitcoin, it has not been adopted by many traders. Therefore, it has great growth potential. Furthermore, since it was originally created as a branch of Bitcoin, its infrastructure, which includes improvements over Bitcoin, has received praise for faster processing times and scalability.

Created in October 2011 by computer scientist Charlie Lee, Litecoin is one of the oldest cryptocurrencies. “It was designed to be a lighter version of Bitcoin with four times faster transactions, at a very low fee of 5 cents.”

Litecoin can be mined every 2.5 minutes compared to the 10 minutes needed to mine a block of Bitcoin, making it possible to manage multiple altcoin transactions, says Tyrone Ross Jr., CEO of Onramp Invest.

Like Bitcoin, Litecoin uses an open-source payment network that is not controlled by any authority. However, Litecoin has a much higher purchase limit of 84 million LTC than Bitcoin’s 21 million. “Due to differences in supply limits, Litecoin is often referred to as the silver for Bitcoin gold.”

Why invest in Litecoin?

Lower trading costs. Litecoin technology offers a number of improvements to the Bitcoin infrastructure, including lower transaction costs. For example, when you send Bitcoin from one digital wallet to another, you lose because the transaction is verified on the blockchain. Although Litecoin works in a very similar way, its network is more efficient than Bitcoin, which means you lose less money when you initiate or receive a transfer. This is a major advantage for users who use cryptocurrencies.

Faster transaction speeds. Litecoin’s enhanced network not only extends to processing fees but allows users to send coins much faster compared to the Bitcoin blockchain.

Open-source platform. Its flexibility also allows developers to regularly deploy software security patches to keep up with changing hacker attack methods.

Recognition. Litecoin has been around for some time and has remained one of the best-known altcoins.

5. Stellar

Stellar is a platform created to meet financial needs, such as money transfers, micropayments, and the exchange of various currencies. Based on the Ripple Labs protocol and subsequently incorporated into its platform, Stellar operates as a non-profit organization with a few well-known people from the technological industry. Like the XRP symbol of Ripple Labs, the Stellar symbol, known as the Lumen (XLM), has a minimal individual value. However, XLM’s overall market capability positions Stellar as one of the most important cryptocurrencies in the world. Furthermore, stellar’s approach is quite different from other cryptocurrencies, as one of its stated missions includes combating poverty and providing financial solutions.

Does Stellar have a future?

According to the investment trend, we believe that Stellar has a promising future. Anisa Batabyal – Coin Switch, “in five years, Stellar will become one of the best performing cryptocurrencies, which means that the growth rate will be high.”

With its technologies, Stellar can improve the number of decentralized applications running on its blockchain, CBDCs, as well as NFTs. All this could lead the XLM price to new historical highs.

Stellar also has a fantastic team behind it. If the team is weak, the currency will also be weak.

Many projects with weak teams behind them either die or are easily infiltrated by hackers, leading to a catastrophic loss of value. However, stellar (XLM) has no such problems, as it is supported by one of the strongest teams in the crypto space.

The team is led by Jed McCaleb, one of the most important names in crypto. Not only is he one of the founders of Stellar, but he was also a founding member of Ripple, one of the most successful crypto projects.

In addition to McCaleb, in 2019, he brought Denelle Dixon to take over from Jed McCaleb as CEO. Like Jed, Dixon is a respected name in the technology industry.

He is a former COO of the Mozilla Foundation and has played an important role in the rebranding of Stellar. Another important name of the Stellar project is David Mazieres. David is a world-renowned computer scientist. In his career, he worked as a computer science teacher specializing in security.

These big names have played a significant role in bringing Stellar to where it is today, as one of the most recognized cryptocurrencies on the market. 

BONUS: ELROND (EGLD)

A very promising Romanian project that builds a blockchain infrastructure. According to Financer.com, Elrond is a 100% Romanian cryptocurrency created by three of our compatriots who live in Sibiu. The project was created in 2017 and became known worldwide in the spring of 2020 when it increased over 5000% in value.

Nowadays, virtual currency is one of the most innovative on the market, coming with many advantages compared to many other well-known cryptocurrencies.

Currently, Elrond offers extremely fast network speeds that can support up to 15,000 transactions per second.

Why invest in Elrond?

First of all, it offers high scalability. The technology it uses – Sharding – is a technique by which data is divided into several smaller pieces and distributed in several areas of the network, each consisting of a number of nodes that process transactions.

It is found that the use of this technology offers an impressive increase in performance, which results in an increase by a factor of 1000x in the number of transactions that can be sustained if we compare it with older blockchains.

EGLD provides security and efficiency. Elrond comes with a mechanism that keeps all the computers running the network blockchain in sync. This ensures a much lower latency of the processes between the members of the group participating in the blockchain and much better security of the entire system.

Conclusion

The crypto market is and will continue to grow. The adoption of large-scale cryptocurrencies is only a matter of time, and the year 2021 still offers promising prospects. I invite you to stay up to date with the latest market news, follow live the price of cryptocurrencies using COINZIX.com, and subscribe to our blog. We will be back soon with a new article.

Name Price
Bitcoin (BTC)
$19,071.93
Ethereum (ETH)
$1,338.74
BNB (BNB)
$279.59
XRP (XRP)
$0.475791
Cardano (ADA)
$0.462406
Solana (SOL)
$33.71
Polkadot (DOT)
$6.43
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