Not all currencies are the same and when you are talking about the best cryptocurrency to invest in today then one size does not fit all.
It is always suggested to do your own research for the best cryptocurrency to invest in today.
But how to look for which crypto to buy today when there are over 6500 types of a cryptocurrency over the last count as not all are equally desirable to invest in.
So to make your task easier we have figured out the 7 best long-term crypto investments in 2022.
1. Bitcoin (BTC)
The king of the cryptocurrency which continues to dominate this league of best cryptocurrencies to invest in today against other cryptocurrencies.
The volatility has not worried investors who invested in bitcoin due to its popularity and trust gain among users making it a favorite cryptocurrency of investors.
Being the oldest and most known cryptocurrency to invest in today has survived for decades has made Bitcoin investors most loved & the best long-term crypto investment in 2022.
The current capitalization of Bitcoin in the market is around $38,851.19 with no drop in competition and price because of any other cryptocurrency.
2. Ethereum (ETH)
Ethereum is the favorite of both cryptocurrency and blockchain platforms as it works on decentralized software platforms & it has inbuilt smart contracts and a decentralized application system that creates ether with automatic execution when conditions are met.
It can be built without time lag. Therefore you can have clear transactions and full control as an investor in terms of value, transactions, and currency transfer.
There was multiple Coin were created by giving minor tweaks to bitcoin native coin but Ehterum being the original and safest had still made its place among the best cryptocurrency in 2022.
Ethereum has experienced tremendous growth. From April 2015 to 2022 its price went from about $0.4 to $4000. Currently, it has a 19% of its stake in the market.
3. Dogecoin (DOGE)
Dogecoin is a peer-to-peer open-source cryptocurrency. Because the investigation of dogecoin started with the meme of dog picture then it is also considered as a sarcastic meme coin.
In 2017 the price of dogecoin varied from $20 billion to $2 billion but in recent years it again come into a trend because of Elon musk’s tweets and Reddit.
Since dogecoin has a loyal community of supporters who trade it and use it as a currency for various social media content and charity, You can see it as a community coin than an investment coin.
4. Litecoin (LTC)
Litecoin is a type of cryptocurrency found in 2011, two years after bitcoin was found by a former Google engineer name charlie lee.
Like Bitcoin, Litecoin is based on an open-source global payment network that is also decentralized.
Litecoin differs from bitcoin in aspects of faster block generation rate & use of script as a proof-of-work considered to be the first altcoin drive from bitcoin’s original open-source code.
But due to various alternatives in the market offering various types of cryptocurrency also has the same feature as bitcoin has waned its popularity & removed it from the race of best cryptocurrency to invest in 2022.
5. Cardano (ADA)
Cardano is among the best & newer cryptocurrencies to invest in 2022 as it’s also a decentralized blockchain platform using native cryptocurrency. Claims to be the fastest transaction & more friendly to the environment than other currencies.
After some disruption, while growing Ethereum, Hoskinson parted away & founded Cardano on the environment sustainable protocols with the help of mathematics, engineers, and cryptographists.
Currently, Cardano has an established market capitalization of $9.8 billion and each coin trades at $0.4.
6. Polkadot (DOT)
Polkadot is the same genre but advanced version of cryptocurrency found by Gavin wood who is also a co-founder of Ethereum.
Basically, it is a protocol that connects blockchain which allows the creation of a multi-blockchain system also known as the blockchain of blockchains.
It facilitates users to create their custom blockchain on its framework substrate and avails the advantage of interoperability.
Users can avail of the various services and facilities of Polkadot by using its a native token dot
People bought Polkadot hand in hand and around 50% of the supply was sold out. Polkadot’s price today is $17.27 USD.
7. Bitcoin cash (BCH)
Coming from the same genre of Bitcoin, bitcoin cash (BCH) created in august 2017 from the blockchain of bitcoin has some unique advantages of directly getting connected to bitcoin.
In short, just like we update our phone bitcoin cash was created to provide users the upgraded features and functionalities by upgrading blockchain to make the blockchain transactions more efficient, fast, and low cost.
The users who wish to buy the bitcoin with up-gradation can buy Bitcoin Cash (BCH) and the users who are happy & trust buying the first cryptocurrency that is Bitcoin can buy bitcoin.
There are multiple upgraded coins of Bitcoin that were launched in the market but Bitcoin cash maintained its favoritism among its users.
In May 2021 Bitcoin cash price was approx 98,661 making it in the race of best cryptocurrency to invest in 2022.