If you thought 2017 was an amazing year for cryptocurrencies, then you’re going to love 2022! With such promising new coins like BitByte, people are expecting cryptocurrencies to be the biggest asset class in the next decade. In fact, many people are making predictions that Bitcoin will be worth more than $1 million per coin by 2022.
However, while that’s still quite a ways off, there are plenty of coins that could have an even bigger comeback between now and then. Take a look at these 10 promising cryptocurrencies that will make a stunning comeback in 2022!
Here Are Top 10 Promising Cryptocurrencies List
#1 – DigiByte
DigiByte is a digital coin that was created in 2014. It is one of the oldest and most popular cryptocurrencies. It is also one of the most secure, with a strong team of developers constantly working on updates and security enhancements.
DigiByte has a market capitalization of $1 billion and is ranked in the top 30 cryptocurrencies by market cap. Investors can earn interest on their DigiByte holdings by staking them in a wallet or through a credit card provider.
#2 – Litecoin
Litecoin is often referred to as the silver to Bitcoin’s gold. It was one of the first cryptocurrencies to come on the scene and has been around since 2011. While it’s not as widely known or adopted as Bitcoin, Litecoin has a loyal following and is a top 10 cryptocurrency by market cap.
#3 – Cardano
Cardano is a crypto asset that is starting to generate a lot of buzz in the crypto community. It’s a smart contract platform that enables developers to create decentralized applications. Cardano is also one of the few cryptos that have a formal business plan.
The team behind Cardano is very experienced and they have a lot of big plans for the future. I think Cardano has a lot of potentials and could be one of the best cryptos in 2022.
#4 – IOTA
IOTA is a token that was created with the intention of being the best cryptocurrency for microtransactions and is still promising in that respect. Crypto investors should keep an eye on IOTA in 2022 as the crypto market continues to develop. IOTA uses the Ethereum blockchain and has a unique feature called the Tangle which allows for zero-fee transactions.
#5 – Ethereum Classic
One of the most talked-about cryptocurrencies that will make a comeback in 2022 is Ethereum Classic. This coin was forked from the original Ethereum blockchain in 2016 and has since become its own entity. While it’s not as widely known or adopted as Ethereum, it has a devoted following and a strong development team.
Ethereum Classic is focused on immutability and censorship resistance, two key principles that have made Bitcoin Cash so successful. With a market cap of over $1 billion, Ethereum Classic is well positioned to make a big splash in the coming year.
#6 – Zcash
Zcash is a digital currency that offers privacy and selective transparency of transactions. Zcash is based on peer-reviewed cryptographic research built by a security-specialized engineering team on an open source platform.
#7 – EOS
EOS is a blockchain platform for developing decentralized applications (dApps), similar to Ethereum. It was created by Block.one, a company founded by Brendan Blumer and Dan Larimer in 2017. EOS uses the delegated proof-of-stake (DPoS) consensus mechanism and can process up to 50,000 transactions per second. EOS also provides users with an operating system-like set of services and functions, which makes it easier for developers to create dApps.
The EOS token sale raised $4 billion, making it the largest ICO at the time. The price of EOS peaked at around $22 in April 2018 but has since dropped to around $2.50.
#8 – Dash
A lot of people lost faith in Dash during the 2018 bear market. The price of Dash plummeted from around $1,600 in December 2017 to $70 in December 2018. However, the team behind Dash has been hard at work and the cryptocurrency is slowly but surely regaining its footing. Here are seven reasons why we think Dash is poised for a stunning comeback in 2022
#9 – NEM
NEM is a blockchain platform that has been around since 2015. The native cryptocurrency of the NEM platform is XEM, which is currently ranked at #40 on CoinMarketCap. Despite a tough year for the crypto markets in 2020, NEM managed to find some stability and even saw a slight price increase towards the end of the year.
#10 – TRON
TRON is a blockchain-based decentralized protocol that aims to construct a worldwide free content entertainment system with blockchain and distributed storage technology. The protocol allows each user to freely publish, store and own data. Content creators can earn rewards in the form of TRX tokens for their contributions.
TRON was founded in 2017 by Justin Sun and has since grown to become one of the largest blockchain protocols in the world. The TRON Foundation has a team of over 100 full-time employees and a network of over 500 volunteers. TRON is one of the most promising cryptocurrencies that will make a stunning comeback in 2022.
Despite the market crash in 2020, there are still many promising cryptocurrencies that experts believe will make a comeback in 2022. These include Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ripple. While it is impossible to predict the future of the market, these coins are worth keeping an eye on as they have demonstrated resilience in the past and could see significant growth in the coming years.
Frequently Asked Questions – (FAQ’s)
What is the difference between a token and a coin?
A cryptocurrency coin represents a blockchain-based asset that has intrinsic value. A token is a digital asset that is issued on top of another blockchain. Bitcoin, for example, is both a coin and a token. Ethereum is a popular platform for issuing tokens.
What’s the difference between blockchains and virtual currencies?
A blockchain is an underlying technology that powers virtual currencies like Bitcoin and Ethereum. Blockchains use cryptography to allow digital information to be distributed but not copied so it can’t be hacked. Blockchains provide a system of storing records and data that can never be lost due to their decentralization and encryption capabilities.
How are cryptocurrencies different from traditional fiat currencies?
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can also be used to purchase goods and services.
How do I buy cryptocurrencies?
You can buy cryptocurrencies through online exchanges or directly from other people via marketplaces. You can also earn them through mining or microtasks, or by participating in initial coin offerings (ICOs). To find the right exchange or marketplace for you, look for ones that support the cryptocurrency you want to buy and that is easy to use. Once you’ve found an exchange or marketplace, create an account and verify your identity. Then, deposit money into your account and use it to buy the cryptocurrency you want.
What are the risks of investing in cryptocurrencies?
Cryptocurrencies are a highly volatile investment, so there is a great deal of risk involved. However, there are also a lot of potential rewards. If you’re thinking about investing in cryptocurrencies, it’s important to do your research and understand the risks involved.
Will I make money by investing in cryptocurrencies?
This is a difficult question to answer. Some people have made a lot of money by investing in cryptocurrencies, while others have lost money. It is important to do your own research before investing in any cryptocurrency.