Best Cryptos

7 Best Cryptos that will Make Investors Wealthy in the Year 2022

Cryptocurrencies have unquestionably grown in popularity this year. Digital assets are gaining widespread acceptance, and the crypto market continues to expand. The crypto industry is constantly busy, with Bitcoin (BTC) earning roughly $40k this year and Shiba Inu (SHIB) garnering headlines as meme coins.

As a result, an increasing number of individuals are investing in cryptocurrencies, believing it to be the future of money. Similarly, investors are looking for coins to acquire in preparation for an even busy 2022. To make things easier, we’ve compiled a list of the top 7 cryptos that are most likely to make individuals wealthy in the coming year.

However, keep in mind that because cryptocurrencies are volatile, things may change in a flash.

1. Cardano (ADA)


Cardano is a jurisdiction-free blockchain created by the co-founder of Etherum (ETH). It is developed primarily for conducting financial transactions with zero costs. This puts it ahead of both Bitcoin and Ethereum in terms of speed.

As its price rises, ADA is pressing ahead to give more usefulness and accessibility to blockchain-based projects. It is also the largest cryptocurrency to run on a Proof-of-Stake (PoS) blockchain. As a result, it is seen as a greener alternative to the traditional Proof-of-Work methodology.

2. Chain link (LINK)


Chainlink is an unusual cryptocurrency in that it trades at levels more akin to regular equities than cryptos. Its network is made up of decentralised oracles, which are basically functional units that allow data to flow between the Chainlink network and other networks.

Chainlink offers it everything when it comes to practical use cases and functionality. It also enables secure interaction and compensates readers who provide accurate data in a secure manner. It is a major oracle service with over 300 relationships.

3. WazirX (WRX)


For Indian traders, WazirX, India’s top crypto exchange platform, provides a pleasant experience. Users may take advantage of minimal trading costs and other interesting benefits by using WRX as the native token. Despite India’s complicated history with cryptocurrencies, the business appears to be growing at an exponential rate in the nation.

WRX will continue to thrive if India’s regulatory regulations remain crypto-friendly. WRX is one of the best cryptos offered at an enormous discount, but not being in the same category as the top coins.

4. Solana (SOL)


Solana is a cutting-edge blockchain that is both quick and scalable. It has a transaction rate of up to 50,000 per second and has extremely cheap costs. Solana has also taken advantage of the capabilities of Proof-of-History and other cutting-edge technologies. The sheer number of people who have already joined its network is a key factor in its success.

Solana, like its primary competitor Ethereum, provides a high rate of return on its risk profiles while being highly volatile by nature, which makes it appealing to investors.

5. Chiliz (CHZ)


Chiliz is a new cryptocurrency that allows sports fans to swap Fan Tokens and Chiliz coins. They provide several athletic organisations with blockchain-based technologies. As a result, these businesses use them to interact with audiences across a variety of entertainment channels. Chiliz brings together teams and their supporters.

Socios.com is an Ethereum-based platform that allows users to trade their support for their favourite professional sports club with other supporters in exchange for incentives and promotions. At the same time, it impacts choices through a blockchain-based public vote.

6. Monero (XMR)


Monero is known for its secrecy. It’s digital money that offers a significant amount of privacy. Monero provides increased security to its users by disguising their identities when trading online. They are given a unique address or key that cannot be traced back to them, thanks to Ring CT’s end-to-end encryption mechanism.

The sender will not know how much money is in the recipient’s wallet and will be unable to monitor their transactions if they use Monero. With the rise in fraud and cryptocurrency attacks, privacy and security are more important than ever.

7. Stellar Lumens (XLM)


Since Bitcoin has had a wonderful year, Stellar Lumens has had a nice year as well, trading in tandem with BTC. It was founded in 2014 and has since altered the way businesses operate. The decentralised Stellar Lumens system allows users to create their own digital representations of any virtual currency and exchange them without the use of middlemen over a single P2P network.

ALSO READ: Shiba Inu Classic: All you need to know

Stellar is a blockchain-based cryptocurrency with minimal transaction fees and time delays. Gas expenses are close to nil at 0.00001 XLM for each transaction. Banks are also starting to use Stellar’s blockchain to embrace central bank digital money.

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