The cryptocurrency market is all green in the second week of January, with most coins almost recovering from the dip. The best cryptocurrencies can be seen from how they have gained quicker than others. This means they are attracting more investment, which indicates growth signs. In this list, we put together 7 of the best cryptocurrencies of 2022 and the recent updates about them you need to know:
1. Bitgert
Bitgert is one of the biggest gainers on the market after the crypto market recovered from the recent dip. The cryptocurrency is posting impressive gains because more investors are buying the token. As a new DeFi project building a powerful p2p payment system plus exchange and blockchain, Bitgert is attracting many investors in 2022.
The Brise exchange is released in Q1, as confirmed by the team. The zero gas fee blockchain is one of the reasons why many crypto investors are joining the project. There is none like it in the industry. You can learn more about the project on the Bitgert website.
2. Centcex
Investors need to pay more attention to the Centcex because it is one of the projects that is going to explode in 2022. The project’s unique design is one of the factors making this cryptocurrency popular in the industry. This is a project made for investors and to make investors rich by the way the team has designed a high utility coin.
The project will have multiple products running on the ecosystem. All these products will be developed by the team and funded by the 3% tax on all transactions. The staked tokens share 100% APY of the generated revenue by the products. The Centcex exchange is in the development stages. Learn about the project on the Centcex website.
3. Solana
Solana is one of the biggest cryptocurrencies in the market and one of the best investments of 2022. It is one of the fast-rising cryptocurrencies from the recent dips posting an incredible gain. But there is a lot that is coming at Solana that is making this cryptocurrency the best investment of 2022. Being the fastest blockchain is making the coin very attractive.
The team wants to beat the current 65,000 transactions per minute and possibly address the 400,000 tps demand on its network. The Solana team is already working on the mainnet to improve the scalability of the network. More products are expected with the increased speed, and that’s how the coin will grow in 2022.
4. Cardano
Cardano has been doing a lot to improve its mainnet for faster and cheaper transactions. That’s why cryptocurrency has been one of the biggest gainers in the market currently. But the upcoming Hydra upgrade is one of the biggest developments expected to disrupt the crypto industry.
According to the Cardano team, the Hydra protocol upgrade is expected to increase the transaction per second to 1 million. This will be the fastest blockchain speed in the market. The upgrade is also expected to reduce the cost of gas fees and make the blockchain more secure. The Cardano team is also increasing the number of dApps live on the mainnet.
5. Avalanche
Avalanche is another great performer in the market currently. The cryptocurrency has been posting impressive gains since the market started rising early this week. But this is not just the market performance increasing the Avalanche performance but mainly demand the currency is experiencing.
Avalanche is increasing growing popular with developers, including Ethereum based projects, with a cheaper, secure, and fast platform for developing dApps. With the rising demand for this smart contract, the value of the cryptocurrency is growing fast. This is one of the cryptocurrencies to consider in 2022.
6. Matic
Matic is a native coin to Polygon, a smart contract for Ethereum based projects. Polygon network is providing Ethereum based developers with a platform that has a cheaper gas fee and faster transactions than the Ethereum network. There are so many projects migrating to Polygon from Ethereum, which is one of the reasons Matic is growing fast.
Polygon team is working on the mainnet to make it faster and cheaper, and this is expected to attract more projects, which will grow Matic larger in 2022. Polygon is one of the best smart contracts, and thus it is one of the cryptocurrencies to consider in 2022.
7. Litecoin
Litecoin is recovering very well from the recent dip, and the price has risen to promising value. The payment platform has been making big gains in the market as one of the best digital currencies. The continued improvement of the network is one of the reasons why the reason why Litecoin is doing very well in the market.
But the team is doing more to make LTC more than just a payment crypto coin. They are adding more products to the network, with the latest being Litecoin Gaming, a gaming platform powered by LTC. There are many developments in the LTC 2022 roadmap that make this currency a good 2022 investment.