This article was last updated on July 7, 2022
We are living in a time when cryptocurrency is becoming more and more popular. In fact, there are now over 2000 different cryptocurrencies in existence! It can be hard to keep track of them all, let alone know which ones will increase in value in the next few years. That’s why we’ve put together this list of the top 15 cryptocurrencies that we believe have the potential to explode in value in 2022 and reach all-time highs.
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10 Cryptocurrencies That Will Explode in 2022 and Reach All-Time High
Bitcoin (BTC)
Bitcoin is the original cryptocurrency, and it is still the most popular and valuable one. We think that Bitcoin will continue to grow in popularity and value in 2022 and beyond as it continues to be the most talked-about and used crypto in the world.
Bitcoin is worth so much because it is the leading cryptocurrency in terms of market capitalization and liquidity. Bitcoin also has a large number of active users and has been growing in popularity since its inception. Bitcoin’s price is also driven by speculation, as investors believe that Bitcoin will continue to increase in value due to its limited supply and increasing demand.
The coin is also a store of value, similar to gold, and some investors believe that it will become a global reserve currency. Bitcoin’s price is also volatile, which means that it can experience large price swings, making it a risky investment. However, Bitcoin’s price has been slowly rising over the long term, which has attracted more investors and helped to drive up the price.
Why Bitcoin Will Explode As A Cryptocurrency In 2022
While it has had its ups and downs, Bitcoin is by far still the most valuable and popular cryptocurrency. Although its price may fluctuate, it is still roughly four times that of Ethereum. This is no small feat, considering that Ethereum itself is five times as valuable as the next best crypto. This puts Bitcoin miles ahead of any competition.
Bitcoin is also the crypto that has received the most attention from the media, the general public, and institutional investors. This only serves to strengthen its position as the top crypto. While media coverage has spread awareness and understanding of Bitcoin, a massive number of retail investors is what got the asset rolling in its early days. Today, institutional investors like banks, hedge funds, indices, and others have added the currency to their portfolios.
In our opinion, Bitcoin has simply become too big to fail, considering the strong support that investors have thrown behind the crypto. While its price might fluctuate at times, it will remain the soundest investment among cryptocurrencies. In 2022, Bitcoin’s price is expected to rise as global adoption and interest continue to increase. Furthermore, events in the crypto world like the release of Ethereum 2.0 and other financial shifts are likely to help this along.
Ethereum (ETH)
Ethereum is the second-largest cryptocurrency by market capitalization, and it has a lot of potential. It is popular because it allows for the development of decentralized applications (dApps). We think that Ethereum will continue to grow in popularity and value in 2022.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third-party interference.
What makes Ethereum unique is that it operates on a blockchain, a decentralized platform which uses math and cryptography to secure its transactions. This makes it much more resistant to hacking and fraud than traditional systems.
Ethereum is also programmable, meaning that developers can create new applications on the Ethereum blockchain. This has led to the development of a vibrant ecosystem of apps and services built on Ethereum.
The combination of these factors has made Ethereum one of the most popular cryptocurrencies, with a market capitalization of over $349 billion. We think that it could reach all-time highs in 2022.
Why We Think Ethereum Will Explode As A Cryptocurrency In 2022
As we mentioned, Ethereum is the second-largest crypto on the market today. It has long held this position as yet another currency that has seen wide support from both retail and institutional investors. Its broad utility and numerous applications give Ethereum a lot of intrinsic value beyond a simple payment system.
However, one key event is likely to affect Ethereum’s price in 2022 – the transition to Ethereum 2.0. Ethereum’s developers have delayed this long-awaited shift several times over the past couple of years, but experts expect it to finally occur in 2022. The transition will drastically change how the Ethereum network operates and how miners mint new coins.
The main goal here is to move Ethereum from a proof-of-work consensus to a proof-of-stake one. Such a transition will completely upend the entire mining process and change the rate and means of acquiring new coins through mining. This, in turn, will have a drastic effect on the supply and market cap. In general, experts believe that Ethereum 2.0 will lead to an increase in the price of the crypto.
Ripple (XRP):
Ripple is a popular cryptocurrency with an enormous future. It’s trendy because it’s quick and has minimal costs.
Ripple is a crypto created by Ripple Labs Inc., a US-based technology company. The same organization also developed the Ripple Transaction Protocol (RTXP) and the Ripple payments network. Ripple can facilitate international payments at much lower costs, which is why a number of institutions have already adopted the currency.
The Ripple network uses a consensus ledger, which allows for real-time settlement of transactions. A number of servers in the network maintain this ledger and validate transactions. The Ripple network also has its own native currency, called XRP.
One of the reasons why Ripple’s price has increased and might continue to grow in value is because XRP can be used to facilitate instant settlements and to provide liquidity, i.e., it can be used to buy or sell other assets.
Why Ripple Is Likely To Explode As A Cryptocurrency In 2022
Ripple’s goal of providing a highly reliable and cheap global payment system is one that holds a lot of promise. As time goes by and crypto adoption continues to grow, more and more institutions are bound to see the value in Ripple’s network. This means that the service is highly likely to continue growing and can become a major payment system that could even rival the likes of SWIFT.
If Ripple achieves its goal of becoming a major payment service and transaction facilitator, its price would surely skyrocket, as it would be the first crypto to enter the financial world at such a high level. It also has the potential to become a building block of future banking systems, facilitating a large part of all global transactions. Many experts and investors predict that Ripple’s price will likely increase in the coming years.
Bitcoin Cash (BCH)
Bitcoin Cash is a fork of the original Bitcoin, created in August 2017. Its developers created BCH as a result of a disagreement regarding how to make Bitcoin work better. This happened between 2010 and 2017. People who wanted the change created a new chain, which is incompatible with the original Bitcoin network. As a result, they also created a new crypto asset.
Many people who believe in Bitcoin think that Bitcoin Cash is a cheap ripoff of Bitcoin. This is based on the fact that they don’t like how Bitcoin Cash started. They think it was wrong to only increase the block size and, on top of that, not to include the SegWit soft fork. Some people have even gone as far as saying that Bitcoin Cash is Bitcoin, which is a wrong statement. Bitcoin Cash is a separate cryptocurrency with its own advantages.
This has led to the creation of many knockoffs, which only makes it worse and doesn’t help BCH’s reputation.
Why Bitcoin Cash Will Explode As A Cryptocurrency In 2022
However, here are some of the reasons why we think Bitcoin Cash has a bright future:
In the best-case scenario, Bitcoin Cash might close the gap between its price and the price of BTC. In the worst case, Bitcoin Cash (BCH) may co-exist with Bitcoin since BTC lacks inexpensive, quick, and reliable transactions which BCH excels at. BCH has all the amazing properties that people love Bitcoin for. It is accepted by more merchants than Bitcoin worldwide. It has a fixed supply of 21 million coins. And it also uses the proof of work consensus introduced by the original Bitcoin.
These are only some of the reasons why we believe that BCH might have a nice upward movement later this year.
Apecoin (APE)
Apecoin is a new cryptocurrency created in 2020. It has already gained a lot of popularity.
Apecoin is a new cryptocurrency that has been gaining popularity in recent months. But what is Apecoin, and how does it work? Apecoin is a digital or virtual currency that uses cryptography to secure its transactions. Cryptography is a technique that prevents unauthorized people from accessing protected information.
Apecoin, like other cryptos, is decentralized, meaning it is not subject to government or financial institution control. The coin is also more anonymous than other cryptocurrencies, which makes it attractive to those who value privacy.
Apecoin is also deflationary, meaning that it will become more valuable over time as the supply decreases. APE is currently only available on a few exchanges, but additional ones are constantly adding it to their offerings. The coin has a bright future and has already gathered many holders around the world.
Why Apecoin Could Explode As A Cryptocurrency In 2022
Apecoin has gained a lot of traction over the last couple of months. While still a relatively young crypto, Apecoin has a lot of potential thanks to its close ties with the Bored Ape Yacht Club series of NFTs. As such, the crypto has tapped into the market of enthusiasts who are highly invested in the digital art and want to see its network expand.
In the short period that it has been on the market, Apecoin’s price has risen considerably. While it has now stabilized at around twice its initial price, the coin reached an all-time high of $39.40 shortly after its release. This is a very significant amount, given the fact that it has been on the market for a little over a month.
We expect Apecoin’s price to continue to rise in 2022 as awareness of the project spreads. Furthermore, since its success is so closely tied with that of the popular BAYC NFT project, Apecoin has a lot of potential to continue growing. By setting itself up as the crypto for holders of NFTs from the coveted series, Apecoin will surely gain more popularity as demand for the artwork continues to grow.
Litecoin (LTC)
Litecoin is a cryptocurrency that was created in 2011 by Charlie Lee. It is based on the Bitcoin protocol but uses a different hashing algorithm, which allows for faster transaction times.
LTC also has a higher maximum supply than Bitcoin, which means that users can use it for smaller purchases. LTC is often referred to as “the silver to Bitcoin’s gold”. While not as many services accept Litecoin as do Bitcoin, it is still one of the most valuable cryptocurrencies, with a market capitalization of over $7,430,293,984.61.
The token has been able to maintain its value due to its strong community and development team. LTC is also one of the few cryptocurrencies that have been quite stable throughout the years. Litecoin is also a reliable store of value and is likely to continue growing in popularity.
Why Litecoin Might Explode As A Cryptocurrency in 2022
As one of the first altcoins to enter the crypto sector, Litecoin has had plenty of time to perfect what it is doing. It is also one of the most recognizable names in the space, giving it an advantage over newer and lesser-known competitors.
Although simple, Litecoin’s functionality is a powerful one. The promise of a Bitcoin-like payment network that is faster, cheaper, and more reliable gives the crypto a very good chance of making it big. Because Litecoin can is easier to use and compatible with smaller transactions, it is applicable in more scenarios than Bitcoin.
However, its fight against the biggest crypto in the world will not be an easy one. Litecoin will need to receive the same amount of media attention and institutional backing in order to give Bitcoin a run for its money. While we are skeptical that Litecoin will unseat the king of cryptos, we are optimistic that it can still find a stable position in the crypto world and drastically rise in value.
Solana (SOL)
Solana is a quite new blockchain project that is getting a lot of buzz in the crypto community. It is an open-source project that focuses on speed, scalability, and security. Solana claims to be able to process up to 50,000 transactions per second.
The blockchain achieves this by using a new type of consensus algorithm called Proof of History. This allows Solana to process transactions without blocks or miners, which makes it much faster than other blockchain platforms.
Solana uses a new consensus algorithm called Proof of History, which allows nodes in the network to agree on the order in which events have occurred without having to communicate all events that have occurred in the past. Solana calls this data structure the “Gulf Stream”.
As of now, Solana has the potential to become a major player in the cryptocurrency space.
Why Solana Is Likely To Explode As A Cryptocurrency In 2022
Much like Litecoin seeks to improve upon Bitcoin’s technology, Solana aims to become a better version of Ethereum. Through its Proof-of-History consensus, the project achieves a faster, more reliable, and secure decentralized network. This has made Solana Ethereum’s biggest competitor, growing the network’s size exponentially.
However, much like with Litecoin, Solana’s battle is an uphill one. Since Ethereum is already the dominant force in the market, it will be very difficult for any new project to take its place. Because of Ethereum’s instantly recognizable brand and the high number of invested parties, the crypto is entrenched in its position at the top. Nevertheless, if any competitor has the potential to challenge Ethereum, then Solana is definitely the one to do it.
Dogecoin (DOGE)
Dogecoin is a cryptocurrency that started as a joke in 2013. It has since become incredibly popular and is now the leading “Meme Coin”. As such, it is not as valuable as the more serious crypto projects. However, its low price and novelty nature are exactly what led to Dogecoin’s success.
Since its price is so low, many of the crypto’s early investors bought it as a joke. The coin’s popularity in its early stages came from the fact that it features the internet meme Doge. Most of these buyers invested little more than $20 to $100 in the project as a way of being part of the joke. They then forgot that they even had it.
However, as cryptocurrencies grew in popularity and the crypto rally of 2021 hit, Dogecoin saw its price rise exponentially. It was then that it hit an all-time high of $0.73. While this might be a minuscule price when compared to that of Bitcoin, it meant that those who invested as little as $100 at $0.0002 could now be looking at hundreds of thousands in profit.
Wh We Think Dogecoin Might Explode As A Cryptocurrency In 2022
While Dogecoin might have significantly fallen from its all-time high, it is still considered the king of meme coins. If you go on any crypto-related thread discussion or comment section, you will undoubtedly see it mentioned. It also has the strongest Meme to give it cultural cachet. As such, DOGE is the most likely of the Meme coins to see a resurgence in the coming months.
Additionally, Dogecoin remains very reasonably priced, maintaining a price below $0.20. This makes it even more appealing to investors as it is highly accessible and allows for smaller, less-serious investments. Those looking to recapture the previous success of the DOGE would be much more inclined to invest a couple of hundred in the coin and let it sit rather than needing to sink thousands into it.
Polkadot (DOT)
Polkadot is a decentralized network that allows different blockchains to interact with each other. It was created by Gavin Wood, who is also the co-founder of Ethereum.
Polkadot is powered by a native token called DOT. This can be used to stake Polkadot’s network and earn rewards.
Polkadot allows different blockchains to interoperate with each other, which means that they can share data and transact with each other. This allows for more efficient and coordinated use of resources among different blockchain projects.
Polkadot has the potential to greatly improve the efficiency of the blockchain ecosystem as a whole, giving it a great opportunity to increase in value.
Why Polkadot Might Explode As A Cryptocurrency In 2022
Polkadot is definitely one of the most ambitious crypto projects out there. The network aims to combine other blockchain systems into a single entity, allowing them to easily communicate and interact with each other. This is very reminiscent of the Web 3.0 future that many foresee, and that is exactly Polkadot’s goal.
By becoming an early version of a Web 3.0 infrastructure, Polkadot can position itself as the foundation of the future internet. Any project that sits in such a central role will surely increase in value as more and more networks and systems transition to a decentralized, blockchain-based mode of operation. Thanks to its forward-thinking philosophy, Polkadot has cultivated a highly dedicated community of enthusiasts and investors who are sure to support the network for the foreseeable future.
Monero (XMR)
Monero is a popular cryptocurrency that focuses on providing privacy and security. It is open-source, private, and uses proof-of-work. This means that the details of all transactions, such as who sent or received it, how much was sent, etc., are hidden from view. This makes XMR one of the few cryptocurrencies that are truly untraceable. Monero is one of the most well-known and popular privacy coins available today. It has remained in the top 50 cryptocurrencies since it launched and is arguably one of the most decentralized platforms out there.
The network achieves its high level of privacy by employing two unique strategies for concealing users’ identities. First are the so-called stealth addresses. These are randomly generated single-use addresses that transaction receivers are assigned. After each transaction is complete, the address is disposed of, and the receiver remains completely anonymous.
Meanwhile, ring signatures allow senders to also conceal their identity by creating random signatures through a combination of a user’s own keys and public keys. This random signature makes it impossible to tell who signed the transaction and sold or bought the Monero tokens.
Why Monero Is Likely To Explode As A Cryptocurrency In 2022
Thanks to its heavy focus on privacy, Monero will always have a high demand among users who value their private data. In today’s world of constant tracking by advertisers and government organizations, many feel the need to seek private alternatives in various areas of their lives. Finance is one sector where this topic is particularly important as money is usually a sensitive topic for most people.
Privacy is also a very strong characteristic to have when talking about cryptocurrencies, as that was one of the original issues that the technology sought to improve. This is a solid foundation for Monero, which will allow the crypto to grow for many years to come.
Where To Buy Cryptos That Will Explode In 2022
If you have chosen one or more of these cryptos to invest in, you will also need to find a suitable online trading platform or exchange to buy them on. This decision can be almost as important as the investment choice itself due to the various fees and services that different platforms offer. Here are some of the best places to invest in cryptocurrencies online.
Binance
Binance is a digital asset exchange service. It focuses on crypto-to-crypto trading, meaning that all traders on Binance must first deposit Bitcoin or Ethereum into their account before they can begin trading. The exchange has particularly strong liquidity in the following pairs: BTC/USDT, ETH/USDT, BNB/USDT, XLM/USDT, and XRP/USDT.
Binance is one of the most popular cryptocurrency exchanges in the world, and it’s not hard to see why. The platform offers a wide variety of digital assets to trade, low trading fees, and a user-friendly interface. Binance also has its own native cryptocurrency, Binance Coin (BNB), which can be used to pay trading fees on the platform.
Coinbase
Coinbase is one of the most popular cryptocurrency exchanges and allows users to buy, sell, and store cryptocurrencies. It also offers a cryptocurrency wallet that allows users to store their cryptocurrencies in one place. The platform is one of the few exchanges that offer a mobile app which makes it very convenient for users. It also offers a great security feature called “vault”, which allows users to store their cryptocurrencies in a secure offline environment. Coinbase is one of the best-known cryptocurrency exchanges and is trusted by many users.
The exchange has been growing at an incredible rate since its launch in 2012, and we expect this growth to continue in 2022. In 2017, Coinbase added support for Ethereum and Litecoin, which caused the price of both cryptocurrencies to surge. In 2018, Coinbase added support for Bitcoin Cash which caused the price of BCH to also surge. Coinbase is expected to add support for more cryptocurrencies in 2022, which will cause an uptick in their prices as well. It will also further expand the popularity of the platform. Coinbase is one of the most popular cryptocurrency exchanges in the world and a great place to invest in the virtual asset.
Conclusion
Cryptocurrencies are becoming more and more popular every day. In this blog post, we have shared with you the 15 cryptocurrencies which we believe will explode in value in 2022. We think that these cryptocurrencies have a bright future, and we think this might be a great opportunity to buy them while the market is bearish and then hold them for a few years.
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