BBanc – Best Crypto Assets to Invest in this Year

bbanc best cryptoassets

Best crypto assets to invest in this year

Today there are more than 2 thousand various crypto currencies. On the one hand, this allows you to get additional opportunities for trading, mining, NFT, and the development of cryptocurrency markets. On the other hand, this leads to the fact that it has become much more difficult for people to choose the most helpful asset. bbanc.com review shares its observations on which crypto assets to invest in 2022.

What to look for when choosing crypto assets for investment?

Many people today wonder what you need to pay attention to if you want to invest in crypto assets successfully. bbanc.com talks about the most important criteria:

  • Capitalization;
  • Road map;
  • Datasheet;
  • What platforms work with and much more.

There are a massive number of crypto assets; some of them have been functioning for a long time, while others are just starting their journey. The main problem is that here you can quickly meet a scam. To avoid problems, you need to invest only in proven assets and read the review of at least one specialist.

Top 10 leading crypto assets that deserve your attention

There are only a few crypto-assets that are worth investing in this year.

BTC (Bitcoin)

  • Capitalization: 723 billion USD

It has been around for over 13 years, and we can see how the value of this asset has changed. In 2012, one BTC could be bought for 500 USD, while in 2022, it can be bought for 38,000 USD. Thus, the price increase is more than 7500%.

Another advantage of Bitcoin is that the value of this asset is constantly changing, which allows traders to make good money. bbanc.com says that this asset is risk free, since the price movement for this asset is cyclical: first, the price gradually rises, then drops sharply and rises again. The main thing is to be patient, and then you can get a reasonably large income.

Ethereum (ETH)

  • Capitalization: 333 billion USD

It is the second most popular currency in the world. In many ways, the interest in this asset is because most of the various NFT or exchange platforms use this currency to make payments. It works on a blockchain with the most intelligent security system and smart contracts.

This currency also had a considerable rise. Over the past few years, the value of one ETH has increased from 11 USD to 2700 USD.

Tether (USDT)

  • Capitalization: 83 billion USD

It is the most famous and sought-after stablecoin. It is pegged to the US dollar and keeps the price 1:1. It is unlikely that you will be able to make money on trading using this currency. Still, it is ideal for those who want to carry out various transactions for paying for goods or services, as well as for stable storage of currency in the blockchain system, which is more reliable than banking.

Binance Coin (BNB)

  • Capitalization: 62 billion USD

The Binance review says that this is the most famous cryptocurrency platform specializing in exchanging various assets. It created its coin in 2017, and by May of this year, its value had increased by about 3500%.

USD Coin (USDC)

  • Capitalization: 49 billion USD

It is another stablecoin that is especially popular. It also has a price of 1:1 to the US dollar. It was created based on Ethereum to perform various transactions. Today it is widely used to pay for goods and services.

Solana (SOL)

  • Capitalization: 29 billion USD

It is a relatively young currency that appeared only in 2020 but has already received colossal growth and capitalization. If the asset’s original value was only 0.77 USD, the price is approximately 87 USD today. And this means an increase of 11,000%.

The main feature of this currency is that it makes extensive use of DeFi, smart contracts, and unusual hybrid mechanisms for transactions. According to bbanc.com, this currency has quite a big future.

XRP (XRP)

  • Capitalization: 29 billion USD

Initially, XRP is a platform that helps facilitate the exchange between different currencies, including converting crypto to fiat. The XRP currency appeared in 2017, then its cost was only 0.006 USD, and today it is 0.59 USD. As you can see, the growth was more than 9800%.

Terra (LUNA)

  • Capitalization: 28 billion USD

It is a well-known platform needed to ensure the regular operation of cryptocurrencies. Most stablecoins are pegged to fiat assets here. Their counterweight, Luna, supports the Terra platform and is used to mint more Terra stablecoins.

Terra and Luna lie on the same scales; when one bowl rises in price, users begin to invest in another, which guarantees a constant balance actively.

As for the real growth in the value of assets, Luna increased in price by more than 400% (from 0.64 USD up to 80 USD).

Cardano (ADA)

  • Market cap: 26 billion USD

It was the first cryptocurrency to introduce the concept of Proof-of-Stake. According to bbanc.com and other experts, this made it possible to simplify the execution of various transactions as much as possible and reduce energy consumption.

Compared to other cryptocurrencies, it does not show enormous growth. It is moving as steadily as possible and opens up new opportunities to use De-Fi, smart contracts, and other technologies.

TerraUSD (UST)

  • Market cap: 19 billion USD

A reasonably popular stablecoin runs on the Salana and Ethereum blockchains. Initially, TerraKRW was released, which was tied to the Korean yen, and then TerraUSD was developed using the obtained technology as an example. It is also widely used for various transactions, but not for trading.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.