Top 10 cryptocurrency,Best cryptocurrency to invest

Top 10 cryptocurrency

 Since the advent of Bitcoin, there have been more than 9,800 cryptocurrencies derived from Bitcoin.we will show you top 10 cryptocurrency, Various virtual currencies emerge in an endless stream, which makes people dazzling. This article will take stock of the mainstream digital cryptocurrencies with relatively high market value and high recognition.

Best cryptocurrency to invest in 2022

1 Bitcoin (BTC)

  Bitcoin has dominated the cryptocurrency market since the first bitcoins were mined in January 2009. In April 2021, the price of Bitcoin soared to over $60,000, with a market capitalization of over $1 trillion, which means that Bitcoin’s market capitalization accounts for more than 50% of the entire cryptocurrency market. Garrette Furo, a blockchain consultant, said: “Bitcoin is widely seen by hedge fund managers and banks as a hedge against inflation and macroeconomic instability. At the same time, bitcoin is becoming a de- The literal 'gold standard' in centralized finance, used as collateral for stablecoins, loans, etc." Bitcoin has experienced some volatility over the years and its price has retreated from its recent highs, but as the largest and best-known top cryptocurrency by market cap, Bitcoin has gained a global recognition that its competitors have not.

2 Ethereum (ETH) 

Ethereum (ethereum) is a software platform based on blockchain technology where users can exchange a cryptocurrency called ether. Ethereum is based on Bitcoin with some improvements, namely improved smart contracts and 5x faster transactions per second than Bitcoin. Ethereum is seen as the top cryptocurrency most likely to push Bitcoin from its dominance status. Although the market value of Bitcoin is still the first, Ethereum has grown very rapidly, and its market value has always ranked second among many cryptocurrencies, and it is likely to surpass Bitcoin in the future. 

3 Dogecoin (Doge)

is named after the popular expression package "Doge" (Dogecoin) on the Internet. 2021 can be described as the first year of Dogecoin, which has surged more than 13,000% this year, making it the fourth largest cryptocurrency by market capitalization. Its price peaked above 70 cents in early May, although it has since retreated. The popularity of Dogecoin is inseparable from the platform call of technology expert Elon Musk. Elon Musk has a soft spot for Dogecoin and has many die-hard fans. Every time he tweets Tweets about Dogecoin all cause Dogecoin to surge. The daily trading volume of Dogecoin has also surpassed Bitcoin and Ethereum to rank first for several consecutive days. Once a greater consensus is reached, the future of Dogecoin is also limitless.

4 Binance Coin (BNBnbsp;

Binance Coin is a best cryptocurrency to invest in 2022 and utility cryptocurrency that serves as a payment method for fees associated with transactions on the Binance exchange. Those who use the token as a means of payment on the exchange can trade at a discount. Binance’s blockchain is also the operating platform for Binance’s decentralized exchanges. Founded by Changpeng Zhao, Binance is one of the world's largest cryptocurrency exchanges by trading volume. 

5 Cardano (ADA)

Cardano allows sending and receiving digital currency. It is not just a cryptocurrency, it is also a platform for decentralized applications. It was built by a global team with the goal of providing large-scale financial transactions (VISA-like). It claims to be a more balanced and sustainable cryptocurrency ecosystem, and the only one with a “scientific philosophy and research-oriented approach.” This means that it is subject to particularly rigorous scrutiny by scientists and programmers. The platform was founded by Ethereum co-founder Charles Hoskinson.

6 Solana (SOL) 

SOL is a public chain. It is Solana's native token and has also established its own ecosystem, the Solana Ecosystem. Founded in late 2017 by former Qualcomm, Intel and Dropbox engineers, Solana is a single-chain delegated proof-of-stake protocol that focuses on providing scalability without compromising decentralization or security. At the heart of Solana's scaling solution is a decentralized clock called "Proof of History (PoH)", designed to solve the problem of time in a distributed network without a single trusted source of time. By using a verifiable delay function, PoH allows each node to generate timestamps locally using SHA256 calculations. This eliminates the need to broadcast timestamps across the network, improving overall network efficiency.

 7 Ripple (XRP) 

Although Ripple is also a cryptocurrency, it is not based on blockchain technology. Ripple tends to target larger companies and corporate transactions, paying out larger amounts of money globally than individual users (its token is called Ripple). In fact, its digital payment protocol is better known than Ripple Crypto. This is because the system allows transfers in any form, be it USD or even Bitcoin (or whatever). It claims to be able to process 1500 transactions per second. By comparison, Bitcoin can handle 3-6. Ethereum can handle 15.

8 Polkadot (DOT)

 Polkadot was created in 2016 with the aim of linking different blockchains through a blockchain network to achieve cross-chain interoperability and become the next-generation blockchain network infrastructure. Currently, Polkadot’s token DOT ranks eighth in terms of market value. . The system differs from Ethereum in that developers can not only create decentralized applications on Polkadot, but also create their own blockchains while using the security that the Polkadot chain already has. With Ethereum, developers can create new blockchains, but they need to create their own security measures, which can leave new and smaller projects vulnerable because the larger the blockchain, the more secure it is the higher.

9 Luna (Terra) 

Luna is the second digital currency issued by Terra Ecosystem. Luna holders will be rewarded through the transaction fees generated by the Terra payment network, and an average of 0.5% of the reward will be distributed to users for each transaction. With the development of Terra's demeanor, Luna holders will receive more rewards, which will lead to an increase in the value of Luna. Although the digital currency of LUNA coin is not as famous as Bitcoin and Ethereum in the currency circle, because LUNA coin is a token invested by Binance, and it is also a DEFI concept currency, it still attracts the attention of some investors. , especially when LUNA coin appears as the digital currency with the first market value of algorithm stable currency, more people are interested in it.but now a days this cryptocurrency is on its depth,

10 AVAX (Avalanche) 

AVAX coin is a token issued by the Avalanche avalanche protocol project. Avalanche avalanche protocol can be said to be a public chain star project. It is based on Avalanche's innovative consensus and is led by big bulls in the blockchain field. The pain point of Ethereum is expensive and slow, so it is very popular with investors. Avalanche was co-founded by Cornell University professor and IC3 co-founder Emin Gün Sirer, computer scholar Kevin Sekniqi, and Ted Yin, the first author of the Facebook Libra protocol HotStuff consensus.

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 The AVA blockchain platform developed by Avalanche is a digital payment and computing platform built by Avalanche based on a revolutionary consensus algorithm. This consensus enables distributed ledgers to achieve a high degree of decentralization, high concurrency processing, and fast confirmation of transactions, while enabling historical record pruning and on-chain governance. The core of the AVA blockchain platform is a set of unified and interoperable infrastructure that enables anyone in the AVA ecosystem to build a blockchain network or issue assets on the blockchain according to their needs.so these are the best cryptocurrency to invest.