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7 of the Best Cryptocurrencies to Buy Now

Over the last 10 years, in just one year, 2014, the overall market capitalization of cryptocurrencies has declined. The past does not always predict, and it is true that the epidemic has seen some irresponsible speculation in the corrupt realm, and digital asset fraud has reached its highest level in 2021.Billions of dollars were lost in scams and “rig bridges” like squid game tokens, where scammers shut down the ability to sell tokens and run on their profits. Corruption is fast becoming mainstream, he said, and although the regulation may pose a threat to the region, it is one of the biggest bull cases because of the strong regulation of digital assets by global governments. Has been given legal status by Here’s a look at the seven best cryptocurrencies to buy in January 2022.

Bitcoin (BTC)

It is a must have for any corrupt investor. Bitcoin is by far the largest cryptocurrency in terms of market cap and is time-tested as a store of value in the asset class. The coin, which turned 13 on January 3, has a total market cap of about ً 900 billion. It accounts for nearly 40% of the total value of the cryptocurrency market and is the only digital asset with a U.S. exchange-traded fund following its movements.

Ethereum (ETH)

Although the market is far ahead of the bitcoin in terms of cap, Ethereum, which accounts for about 20% of the total market, is reasonably close to surpassing the bitcoin. This is because its main function is not only to store value, its Ethereum network easily claims to be the most used blockchain in the world. ETH is also destined to become far more energy-efficient than Bitcoin when it transfers from the proof-of-work to proof-of-stake protocol, eliminating the far more energy-intensive need to validate transactions on the blockchain through elaborate computational efforts.

Solana (SOL)

While Ethereum will soon solve Bitcoin’s energy problems, Solana has solved one of the biggest problems with Ethereum: transaction fees. This “gas fee” makes Ethereum’s minor transactions financially unworkable, but Solana’s fee is a small fraction of the ETH fee. Launched in 2020, Solana has a small but growing share of the market, with the coin’s value soaring from $1.51 at the beginning of 2021 to more than $160.

Cardano (ADA)

Founded in 2017 by Ethereum co-founder Charles Hoskinson, Cardano is one of the largest blockchains that successfully operates a more energy efficient proof-of-stack protocol. Cardano aims to develop a developer-friendly ecosystem for decentralized applications, or dApps. One of the best cryptocurrencies to buy now, Cardano has surged from 22 cents to about $1.30 over the last year.

Dogecoin (DOGE)

Dogecoin is notorious for being a meme-infringed cryptocurrency that started out as a joke. But first, having a meme token is far from a crime in the crypto world, where both Dogecoin and Shiba Inu enjoy top 15 billing in terms of market cap.If mainstream media picks up Musk’s fascination with the currency again soon – or if the unpredictable billionaire makes his adoration for Dogecoin more public once more – then Dogecoin could be in for some short-term gains.

Yearn.finance (YFI)

The most popular coin you’ve ever heard of is the Yearn.finance $ 1.4 billion token with some serious fluctuations: over the past year, prices have fluctuated between $ 18,566 and $ 93,435. Now trading at about $ 38,000, Yearn.finance is the 80th largest coin in terms of market capitalization. It also has a great purpose: to enable better returns on productive farming to expand the DeFi field to less technical investors and consumers.

Polygon (MATIC)

Polygon has become parabolic over the past year, increasing almost 100-fold during that time. Now the top 15 token, MATIC, with a market cap of $ 17 billion, is one of the best cryptocurrencies to buy with the start of 2022. Polygon’s goal is similar to Yearn.finance, but it seeks to adapt blockchains to a larger scale in a different way, by making them more scalable.

Top cryptocurrencies to invest in now:

Bitcoin (BTC)
Ethereum (ETH)
Solana (SOL)
Cardano (ADA)
Dogecoin (DOGE)
Yearn.finance (YFI)
Polygon (MATIC)

 

 

 

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