Top 10 cryptocurrency 2022

Top 10 cryptocurrency 2022

I present to you the top 10 digital currencies of 2022, and bitcoin is always in the lead

Top cryptocurrency 2022
Top  cryptocurrency 

Forbes estimates that there are currently more than 20 thousand digital currency projects, representing the entire crypto market with a total market capitalization of 1.3 trillion dollar. 

Cryptocurrency is a digital asset that can be traded without going through the mechanisms of official financial authorities or central banks, the most popular in this sector is Bitcoin.

 Which continues to lead the scene and accounts for about 46% of the total market area, in the world.


Top 10 cryptocurrency 

I will present you the best digital currencies that you should invest in without thinking, and I also tried them, namely :

  1. Bitcoin currency
  2. Ethereum currency
  3. USDT 
  4. US dollar digital currency ( USDC )
  5. Binance Coin currency (BNB)
  6. XRP currency
  7. ADA currency
  8. Binance US dollar currency (BUSD)
  9. Solana currency
  10. Dogecoin currency

Bitcoin currency 1

It is the first cryptocurrency ever, with a market capitalization of 565 billion dollar, and was launched by Satoshi Nakamoto in 2009.

 Like most cryptocurrencies, bitcoin operates on a blockchain, or registration transactions distributed over a network of thousands of computers, so that additions are verified by solving the cryptographic puzzle, a process called "prof of work".

Its price has risen significantly, exceeding 60 thousand at some stages, while in May 2017, it was possible to buy one for only 600 dollar US dollars. As of June 2, 2022, its price was about 29800 dollar, representing a growth rate of more than 5,900%.

Ethereum currency 2

  • Its market value is 220 billion dollar, and it is a favorite of software developers due to its potential applications, 
  • such as so called smart contracts that are automatically executed when conditions are met and non-replaceable NFTS tokens.
  • Between April 2017 and the beginning of June, the price increased from about 12 dollar to more than 2000 dollar, an increase of almost 16,500%.

USDT 3

Its market capitalization is 73 billion dollar . Unlike some types of cryptocurrencies, "Tether" is a stable coin, 

which means that it is backed by fiat currencies such as the US dollar and the euro, and it supposedly holds an equal value to one of those denominations.

In theory, this means that the value of "Tether" is supposed to be more consistent than the rest of the cryptocurrencies, and it is preferred by investors worried about the extreme volatility of other currencies.

US dollar digital currency ( USDC ) 4

Its market value is 55 billion dollar, and it is also a stable currency like "Tether" as it is backed by the US dollar and aims to achieve a value equivalent to it. 

This currency is powered by" Ethereum", and you can use it to complete global transactions.

Binance Coin currency (BNB) 5

Its market capitalization is 53 billion dollar, and it is a form of cryptocurrency that you can use to trade and pay fees on the "Binance" Binance platform.

 It is one of the largest cryptocurrency exchanges in the world. Since its launch in 2018, this currency has expanded after its first task was to facilitate transactions on this platform.

Now, they can be used for trading, payment processing or even booking travel arrangements. They can also be traded or exchanged for other types of cryptocurrencies, such as "Ethereum" and"bitcoin". In 2018.

Its price was only 0.2 dollar, but by early June, its price had risen to about 350 dollar, an increase of almost 400,000%.

XRP currency 6

Its market capitalization is 20 billion dollar, launched by some of the founders of the company "Ripple" Ripple, a digital technology company for processing payments.

 This currency can be used on its network in order to facilitate the exchange of various types of currencies, including Fiat and other major cryptocurrencies.

At the beginning of 2018, its price was only 0.007 dollar, but on June 1, 2022, its price reached 0.5 dollar, which is equivalent to a rise of more than 6500%.

ADA currency 7

Its market value is 19 billion dollar. It was famous for its early adoption of "proof of stake"validation،

 It is a method whose goal is to speed up transaction time, reduce energy use and environmental impact by removing the competitive aspect of solving problems and verifying transactions on platforms such as "bitcoin". 

In the "Ethereum" format, "Cardano" is working to enable smart contracts and decentralized applications.

The ADA token from "Cardano" has achieved relatively modest growth compared to other major cryptocurrencies. In 2018, its price was 0.03 dollar, but on June 2, its price reached 0..56 dollar with an increase of 2650%.

Binance US dollar currency (BUSD) 8

With a market capitalization of 19 billion, it is a stable coin founded by "Paxos" Paxos and"Binance" Binance to launch a cryptocurrency backed by the US dollar. 

To maintain this value, "Paxos" keeps an amount in US dollars equal to the total supply of them.

 Like other stable coins, this currency gives traders and crypto users the ability to engage in transactions with other crypto assets while minimizing the risk of volatility.

Solana currency 9

With a market value of 15 billion dollar, it was developed to help support the uses of DeFi decentralized finance, DApps decentralized applications and smart contracts.

 It operates on unique hybrid proof-of-title and proof-of-record mechanisms to process transactions quickly and securely.

When it was launched in 2021, its price started from 0.78 dollar, and by early June, its price reached about 40.60 dollar, an increase of more than 5200%.

Dogecoin currency 10

With a market value of 12 billion dollar, it became famous as a joke in 2014 but quickly developed into a prominent cryptocurrency thanks to the dedicated community and creative memes memes.

 Unlike many cryptocurrencies, there is no cap on how much of this currency can be generated, leaving it vulnerable to devaluation as supply increases in the future.

In 2018, its price was 0.0003, and by June 2, 2022, its price was 0.09 dollar, an increase of almost 50,000%.

Conclusion

Finding the best cryptocurrency for less than one dollar is not the easiest of tasks. After all, this market is full of digital currencies that fall under this category. 

To point you in the right direction and help you make a decision, we have shown you 10 of the best cryptocurrencies to add to your portfolio today.

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