Did you know that over 220 million people invested in cryptocurrency in the US in 2021? Of course, not all those investments were successful, as some crypto coins inevitably crashed. That’s why it’s important to research which coin will make money, as not all coins are money makers.
So, which types of crypto will succeed in 2022? If you want the answer to the question, you’ll need to keep on reading since we’ll go through our top picks for the coming year in today’s post.
Released in November 2021, this digital currency has grown faster than most crypto coins since it reached peak trading volume within hours. Additionally, with the release of Netflix’s Arcane, the popularity of this coin has continued to skyrocket. The main goal of ARCANE is to facilitate a way for new startups to get new investors.
On top of that, ARCANE is applying to be added to the OTCQB (OTC Markets Group) list. This group is where early-stage and developing companies receive governmental aid in the US and international markets. So, as you can see, ARCANE plans to stay for the long run.
Undoubtedly, Sushi has shown its resilience throughout 2021 since it has been able to stay on the positive side of the market. As you can expect, Sushi coin price has risen to remarkable heights, especially since prominent people of the cryptocurrency community have openly invested in it. But, one aspect that makes Sushi so attractive is the ability to stake your investment as the interest rates are through the roof.
This means you can double your initial investment by lending your investment to the company.
Another smart investment is Polygon, as it’s the foundation of many newer coins. Additionally, MATIC (Polygon) has the unique feature of allowing different blockchains to communicate with one another. And if that hasn’t convinced you, many famous entrepreneurs like Mark Cuban have bought a significant amount of MATIC.
Most crypto experts believe that SOL (Solana) has the fastest cryptocurrency networks in the market. It is also one of the few coins with a proof-of-history and a proof-of-stake model, which can prove useful when creating smart contracts. And so far, hundreds of companies are using SOL to fund their projects.
DOT (Polkadot) is among the only coins that allow users to build new blockchains that work with existing ones without using complex bridging mechanisms. So what does that mean for you? That means you can trade your DOT for other currencies without having to worry about limited trading rules.
So Many Types of Crypto to Choose From
As you can see, there are many types of crypto you can start investing in. But, of course, before you start investing, be sure to do your own research since you want to pick the one that best suits your needs. So, don’t wait any longer, and start your crypto journey today!
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