Do you know the best cryptocurrencies to invest in 2022? This is what we have prepared in this special material for those seeking this investment option, with the advantages and benefits of each one of them.
A cryptocurrency is a type of money, like other currencies with which we live daily, with the difference that it is completely digital. Also, it is not issued by any government.
Cryptocurrencies can be used for the same purposes as physical money. The three main functions are to serve as a medium of exchange, facilitating commercial transactions; store of value, for the preservation of purchasing power in the future; and also as a unit of account, when the price of the products is fixed and the economic calculation is carried out according to it.
5 best cryptocurrencies to invest in 2022
Below we list the 5 best cryptocurrencies to invest in 2022, which are already becoming famous and are now gaining strength this year:
- Helium (HNT)
helium it was launched in July 2019. The platform enables communication between wireless devices, which use the HNT network of access points to send data to each other. The project is closely related to and supports Internet of Things (IoT) devices.
- Border (XVG)
Verge is a privacy cryptocurrency that aims to offer a decentralized payment network, being an upgrade to the BTC blockchain. It has a number of privacy-related features, including but not limited to: integrating Tor into your wallet and allowing transactions with hidden addresses.
- Ethereum (ETH)
Ethereum was launched in 2015 as an open source decentralized blockchain. Its native currency is ETH. It was one of the original platforms that allowed developers to create decentralized applications (dApps). So far, the platform is home to at least a thousand of these apps.
- AAVE (AAVE)
Aave is a decentralized protocol that allows its users to become depositors or debtors. Its native token, AAVE, is used primarily for voting rights on protocol improvements. Depositors earn income by providing liquidity, while borrowers can borrow through features like instant loans.
- MediBloc (MED)
MediBloc is an open source protocol intended to be used as a "decentralized health information system." Through blockchain technology, it aims to record and track a patient's medical history.
Its native token, MED, uses a rewards system to facilitate the sharing of content. Like STACK, its mainnet update will be released in August. In addition to bug fixes, it will update the features of smart contracts and communication with other blockchains.
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So which of the top 5 cryptocurrencies to invest in 2022 do you think has the potential to make your money go further this year? Remember to do a lot of research on the subject beforehand, so that the dream of making money with this type of investment does not turn into a nightmare.