Over 10,000 cryptocurrencies are available for investment or trade, so choosing the best can be tough, especially for beginners. This article examines the most-searched cryptocurrencies in 2022.
Digital assets that are supported by a decentralized network are known as cryptocurrencies.
This particular network is decentralized because it is fragmented among a wide variety of devices on a global basis.
The network, according to its decentralized organizational structure, can function independently of any control exerted by a centralized authority.
There are a great number of cryptocurrencies available, each with its own set of technologies and advancements. Today, we are going to talk about a total of ten interesting coins and go through several cryptocurrencies that have been mostly overlooked.
To better handle the volatility that occurs in the cryptocurrency markets, investors are looking for the cryptocurrencies that will be the most talked about and popular in 2022.
Besides the most well-known assets, new token projects also garner much attention. Several of these initiatives have already produced profitable returns for their investors, despite the bear market in 2022.
The most-searched-for cryptocurrencies will likely face significant price swings and volatility in the next months. Read this post for an in-depth breakdown of the top 10 cryptocurrencies that are the most searched
10 most searched cryptocurrencies in 2022
Choices abound in today’s market. Sometimes it’s not easy at all. This is especially true when several cryptocurrencies are either trying to accomplish the same goals or have ambitions so grand that it will take decades before they are completely conceived.
The situation is exacerbated by the rapid pace of change in the crypto sector. For example, a coin may be highly regarded one day and then completely disappear the next when investor preferences shift and infrastructure evolves.
The aforementioned initiatives are the finest cryptocurrencies to invest in because of their widespread acceptance and high growth potential. To better appreciate why these digital currencies are so highly prized.
Let’s take a short glance at each cryptocurrency before we go over the 10 most searched cryptocurrencies in detail;
- Bitcoin
- Ethereum
- Polygon
- Cardano
- Avalanche
- XRP
- Solana
- Terra
- Battle Infinity
- Dogecoin
Bitcoin
Imagine the cryptocurrency market if Bitcoin didn’t exist. It’s probably for the best that we remain in the dark. In the world of cryptocurrencies, Bitcoin was a pioneering effort. That was back in 2009, so BTC has been a trend-setter for the better part of a decade.
In a bull market, it’s the first currency to rise in price, paving the door for further gains by Ethereum and Cardano. When the price of Bitcoin drops, other cryptocurrencies usually follow suit, causing a meltdown in the cryptocurrency market.
Bitcoin is the most widely accepted crypto payment worldwide, and it also has the largest market valuation. Some of the biggest companies in the world now accept Bitcoin as payment, including Tesla, Microsoft, Burger King, and Virgin Airlines.
Bitcoin is used as a benchmark by holders of altcoins whenever they wish to ascertain the value of their holdings.
As much as some altcoin investors may dislike Bitcoin due to its high transaction fees and poor transaction processing, it remains the most widely used cryptocurrency.
Ethereum
When looking ahead to 2022, Ethereum is the best cryptocurrency to invest in. The Ethereum blockchain underpins most of the coin initiatives covered here. To engage in the cryptocurrency market, it is prudent to also examine Ethereum, as this appears to be the case with virtually all of the meme currencies and metaverse initiatives we came across today.
If you are willing to invest in Ethereum with the final goal in mind, then you should know that Ether is a decent investment despite the risk of loss. This investment strategy may eventually outperform all others over time.
Professionals agree that there is substantial upward potential for the Ethereum (ETH) price in the future, making Ethereum investments a sound long-term choice. Therefore, it might be wise to buy some Ethereum now and hold onto it as an investment, given the cryptocurrency is now trading at a discount.
Polygon
Polygon (MATIC) is a scalable solution that consists of a flexible web3 infrastructure that has been built on the Ethereum network.
The Polygon network makes it possible for developers to design a variety of optimistic rollups, which are L2 scaling solutions that contribute to an increase in the scalability of a certain coin.
The polygon network is capable of handling an estimated 65,000 TPS on average, making it an attractive option for network developers to consider.
Cardano
This year, Cardano is another excellent cryptocurrency investment option. This cryptocurrency is based on rapidly expanding blockchain technology that stands for a safe and long-lasting network with innovative applications. Cardano can shift authority away from shadowy institutions and to the periphery.
As one of many proof-of-stake blockchains currently being developed in the crypto space, its native coin, ADA, has recently gained more interest.
Cardano’s protocol is described as a “third-generation blockchain” with potential applications in quality control and supply chain governance.
By 2022, Cardano will have matured into a welcoming and accessible ecosystem that treats all users fairly. When it comes to trading and making an initial entry, there are no hurdles. A small initial investment is all that’s required to get started in this business.
Numerous analysts predict that the Cardano coin, and the cryptocurrency market as a whole, will thrive over the next few years. Because of the potential commercial impact of digitizing money, cryptocurrencies like Cardano may gain popularity.
Avalanche
Avalanche is a framework for developing decentralized apps that makes use of programmable intelligent contracts.
Additionally, the system can be thought of as a layer one blockchain for use with DApps and private blockchains. Comparable to Ethereum in terms of features. However, it is distinguished from other cryptocurrency platforms by several features and qualities that contribute to its value.
Avalanche, like Ethereum’s competitors, seeks to dominate the smart contract blockchain market. When compared to older blockchains like Bitcoin and Ethereum, its scalability is vastly superior. It has many benefits, including the ability to process up to 6500 transactions per second without sacrificing scalability.
XRP
With the help of blockchain technology, Ripple (XRP) is a global payment settlement system.
By utilizing its native cryptocurrency XRP, Ripple facilitates instantaneous monetary transactions between banks and other financial organizations.
The coin operates on the XRP ledger blockchain and has a fixed transaction cost of 0.00001 XRP. Additionally, XRP is an alternative to conventional ways of worldwide transactions since it can process up to 1,500 TPS.
Solana
Decentralized financial (DeFi) solutions are made possible by Solana, a fully-functional open-source project that takes advantage of the permissionless aspect of blockchain technology. While the initial concept for Solana dates back some five years, the actual debut date was March 2020. The Network’s native coin, SOL, controls all financial dealings.
With a meteoric rise over the past year, Solana has emerged as one of the most popular cryptocurrency tokens. Investors’ attention has been drawn in by the coin’s price as it keeps breaking records. At its 2020 launch price of $0.78, an initial investment of $100 in Solana would have returned more than 410000%.
Terra
Terra’s goal is to facilitate cheap international transactions. Mainly, it’s a blockchain protocol developed for the sole purpose of facilitating the movement of stablecoins, which can then be used to fuel various digital currencies and financial apps.
Terra is a stablecoin protocol of the next generation since it uses variable issuance to keep the value of its tokens fixed at a price in US dollars.
Terra is not like other DeFi protocols because it is not based on Ethereum but Cosmos. Cosmos is widely acknowledged to offer certain practical advantages over Ethereum, such as speedier transactions and lower transaction costs.
Making a Terra investment might be a flexible choice. Those who put money in at the start and held on until the last few weeks must be filthy rich.
Battle Infinity
Battle Infinity (IBAT) has skyrocketed in value because of savvy marketing moves and a P2E platform with flexible application options.
Tokens can be staked, NFT-driven competitions can be entered, and users can get access to metaverse venues across six different P2E settings in Battle Infinity. IBAT, the ecosystem’s primary governance token, is used to control Battle Infinity’s virtual worlds. On the decentralized exchange platform Battle Infinity’s IBAT Battle Swap, users can buy, sell, and trade IBAT and other cryptocurrencies (IBAT).
For Battle Infinity’s decentralized sports fantasy competition, the IBAT Premier League, players can spend in-game NFTs on passes to enter the league. Players also have access to the Battle Arena, a digital world where NFTs based on ERC 721 smart contract protocols are issued for use by the game’s virtual characters and objects.
Battle Infinity has used celebrity endorsements to spread the word about its platform’s many practical applications. A small number of celebrities, including popular Indian cricketer Irfan Pathan and former Miss Universe Urvashi Rautela, are present during the debut of the site.
Battle Infinity’s popularity soared thanks in large part to a thriving online community that spread the word via social media platforms like Twitter and Telegram, leading to a successful presale of the token. In just 24 days, IBAT, one of the top initial coin offerings (ICOs) of 2022, raised all of the money it needed to launch.
In August 2022, the token was introduced on PancakeSwap with a price of $0.0015 (its presale launch price), eventually achieving an all-time high (ATH) of $0.0105. At this time, a token of IBAT is worth approximately $0.0034.
Dogecoin
In 2022, Dogecoin is the most undervalued cryptocurrency and thus the best investment. Among cryptocurrency investors, it was one of the best performers in 2017. Because Elon Musk tweeted so favorably about it, the meme coin saw massive gains. Is Dogecoin still a worthwhile investment in 2022? For context, the value of one Dogecoin was only $0.002 at the beginning of the year 2021.
Dogecoin’s price skyrocketed to approximately $0.76 per coin in May of the same year, 2021, an increase of over 19,000% in just five months. Dogecoin’s value has fallen significantly since then, reaching a 52-week low of just $0.13.
Dogecoin price projections, however, suggest that by December 2022, the meme coin will be worth more than $1, making it a promising long-term investment. Therefore, if you have faith in this endeavor, purchasing Dogecoin at this time of deep discount could provide a huge profit due to its enormous potential in the future.
Conclusion
Though there are a great number of cryptocurrencies available, each with its own set of technologies and advancements, it is always best to trade with the most popular and well-known cryptocurrencies due to the volatility of the crypto market.
