Subscribe to the Asia Signal Telegram channel and benefit from our latest free singals @Asiasignal_com
< >

Top 5 Cryptocurrencies to Hold

2022/08/18 - 18:03

It was an exciting year for Cryptocurrencies in 2021. We're seeing a lot of people's attention shift to cryptocurrency investing. Due to the volatile and non-stable nature of the crypto market, investments may also experience ups and downs. Analytics Insight has gathered a list of the best cryptocurrencies to invest in and hold in 2022. These are the finest cryptocurrencies to invest in now to reap huge rewards in the years to come.

Bitcoin (BTC)



In our newly gathered list of the best cryptocurrencies to purchase and hold in 2022 has put Bitcoin at the top of our list. If you're looking for a blockchain-based cryptocurrency, it's been the most popular one for a long time. Because a government or a commodity neither backs it, Bitcoin (BTC) guarantees lower fees than other payment options. First and foremost, bitcoin is the first and one of the greatest cryptocurrencies to invest in. As we've already mentioned, Bitcoin is a must-have for any cryptocurrency investor who wants to get started. Despite the recent decline, BTC still holds 40% of the total market value, a metric known as the "dominance" of a particular coin. All-time highs of $69,000 and bear market territory later in the month marked an exciting November for the digital asset, which saw omicron variants emerge. At $48,670 an ounce on Dec. 4, El Salvador's president said his country had purchased 150 coins at an average price of $48,670 during the most recent slump in BTC. Playing short-term trends in crypto is more like gambling than investing, just as in the stock market. It should be noted that for long-term investors, bitcoin is still on the rise, and significant pullbacks should be viewed as purchasing opportunities.

Ethereum (ETH)


Smart contracts and decentralized Apps (known as dApps) can be constructed on Ethereum without third-party interference, downtime, fraud, or control. The purpose of Ethereum is to build a set of financial goods that anyone in the world may access, regardless of nationality, ethnicity, or religious belief. Those without state infrastructure and state identifications can acquire access to bank accounts, loans, insurance, and a variety of other financial products in several countries because of this.

Eth, the platform-specific cryptographic token, is used to operate Ethereum apps. Developers who desire to build and run apps on the Ethereum platform, or investors who want to purchase other digital currencies using ether, are the primary buyers of Ether (ETH). The second-largest digital currency by market value, Ether, was introduced in 2015, although it still lags behind Bitcoin by a huge margin. With an ETH price of roughly $4,000 in November 2021, ether's market capitalization is just around half that of bitcoin's.

Ethereum's presale of ether in 2014 was a huge success, and it helped to usher in the ICO era. Codify, decentralize, secure, and exchange can be done using Ethereum. After a cyber-attack in 2016, Ethereum was split into Ethereum (ETH) and Ethereum Classic (EC). 

This year, Ethereum switched from Proof of Work (PoW) to Proof of Stake (PoS) as its consensus method (PoS). The aim of this change is to make Ethereum's network run much more efficiently and create a more deflationary economic climate. People can "stake" Ethereum via Proof of Stake (PoS). Using this method helps to secure the network and handle the transactions that take place on it. As with a savings account, those who do this are rewarded with ether. Miners are rewarded with additional BTCs for processing transactions in this alternative to Bitcoin's PoW algorithm.

Polygon (MATIC)


An Ethereum-based scaling solution, Polygon Network (MATIC), is powered by Polygon Tokens (MATIC). Layer 2 sidechains, or blockchains that operate alongside Ethereum's main chain, are the basis for Polygon's effort to make Ethereum transactions faster and cheaper. A user can deposit Ethereum tokens into a Polygon smart contract, interact with them in Polygon, and then withdraw them back to the Ethereum main chain at a later date. The proof-of-stake consensus protocol and transaction fees are both supported by the MATIC token. In the last seven days, the price of Polygon has increased by 9.34%. 


Solana (SOL)



Solana currently has a market capitalization of more than US$62 billion, making it the fifth most valuable cryptocurrency in the world. The Solana protocol makes it easier to build decentralized applications while also increasing scalability by combining a proof-of-history consensus with the blockchain's underlying proof-of-stake consensus. As of early November, it had achieved an all-time high of nearly US$260 and now trades slightly north of US$200, making it one of the best cryptocurrencies to invest in for 2021. The Solana blockchain network's native cryptocurrency, SOL, will continue to expand in the crypto market in 2022 as well. In 2022, this is one of the best cryptocurrencies to buy and hold. Software methods can be used in tandem to construct a blockchain, eliminating software as a performance bottleneck and allowing transaction throughput to grow proportionally with network capacity. There are three desirable characteristics for a blockchain: scalability, security, and decentralization. In Solana's design, the theoretical maximum scalability for a normal Gigabit network is 710,000 transactions per second (tps) and 28.4 million tps on the 40-Gigabit network. It has been stated that 489 million SOL tokens will be made available on the market, of which 260 million have already been brought into circulation.

Monero (XMR)



Monero (XMR) is a digital currency that is secure, private, and untraceable. Since its inception in April 2014, this open-source coin has gained considerable attention from the cryptography community and fans. The creation of this coin is entirely supported by donations and the efforts of the general public.

Monero was designed from the ground up with decentralization and scalability in mind, and it uses a unique technology called "ring signatures" to provide perfect secrecy for its users. At least one real participant appears with this method, but it is impossible to separate the genuine from the fake because they all appear valid.

As a result of its unique security features, Monero has earned a bad reputation—it has been associated with illicit activities worldwide. Monero's anonymity makes it a good choice for criminals, but it also helps dissidents in authoritarian countries around the world. The market capitalization of Monero is $4.1 billion, with a token price of $182 as of December 2021.

Looking for cryptocurrencies' signals? 

We at Asiasignal suggest you not overlook the opportunity to buy these money-making cryptocurrencies. We can provide the most profitable and accurate cryptocurrency signals and futures signals for all of the above tokens and more. If you need more information on how you can obtain these trusted signals, don’t hesitate to contact us. 

Exchange Fee discount Register Link
bingx Yes Register
coinex Yes Register
kucoin Yes Register
okexen Yes Register


You send the first comment.