Top 5 Altcoins to Look Out For in 2022

Ethereum (ETH)

Ethereum continues to remain the most popular altcoin of all time. It is the second-largest cryptocurrency globally and is among the top altcoins to look out for in 2022. It is a type of blockchain network that is used to build decentralized apps and smart contracts that can operate without any third-party interference. Ether is the digital currency associated with Ethereum.

Binance Coin (BNB)

Binance Coin (BNB) is the native currency of the Binance Smart Chain (BSC) and is ranked as the fourth-largest cryptocurrency after Bitcoin, Ethereum and Tether. Binance coin surged nearly 1,300% in the past year and is expected to be one of the top altcoins to look out for in 2022. Binance Coin is used on Binance, which is the biggest crypto exchange by volume in the world.

Ripple (XRP)

XRP is the virtual currency of the Ripple digital payments network. Although it has remained on the sidelines, XRP’s value started surging last year and is one of the top altcoins to look out for in 2022.

Litecoin (LTC)

Litecoin, an early bitcoin, was created in 2011. Despite having lagged other altcoins for years, it is still seen as a better and faster alternative to Bitcoin with its faster rate of block generation, permitting shorter times for transaction confirmation. Given its age, Litecoin has a higher degree of credibility as compared to many of the newer altcoins. It is predicted to grow even more popular in the coming year and is definitely among the top altcoins to look out for in 2022. LTC is currently trading at $100.

Dogecoin (DOGE)

Dogecoin is the original memecoin, based on the Japanese Breed hunting dog Shiba Inu, and is another one of the top altcoins to look out for in 2021. Although it was launched in 2013, it came to the limelight in 2021 when its price peaked in summer earlier this year. While it does represent a joke more than anything else, this coin is accepted as a form of payment by some major brands like Kronos, Dallas Mavericks, and Elon Musk-owned SpaceX. Elon Musk, Tesla’s CEO, has been at the forefront of promoting DOGE and has also claimed to be working with developers to improve the Dogecoin system efficiency, which has helped drive its rise of value and popularity. DOGE is the tenth-largest crypto and has a market cap of $17 billion. It trades at $0.12

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