by Aratrika Dutta
25 April 2022
If it’s not Bitcoin, it’s Altcoin, take a look at the best non-Bitcoin cryptocurrencies for 2022
The highly volatile cryptocurrency market is growing exponentially across the global financial world by incorporating blockchain technology. The increasing rate of new cryptocurrencies being welcomed almost regularly is confusing for cryptocurrency investors. The best cryptocurrencies still hold their positions among thousands of other cryptocurrencies. However, when it comes to cryptocurrency, the first thing that comes to mind is Bitcoin. But besides bitcoins, there are about a thousand other types of digital money created with the help of various software development services. There are a large number of altcoins that work well. Take a look at the top 10 cryptocurrencies other than bitcoin to buy in 2022 for good returns.
Ethereum is the most popular currency, and it is much more than just another cryptocurrency for many investors and enthusiasts alike. Experts say it could grow in value by up to 400% in 2022. The value of Ethereum’s original token, ETH (ETH), has grown exponentially since its inception.
The future of BNB depends on the growth of the Binance Exchange. According to the current scenario, the future of Binance Coin looks bright which could drive prices to new highs. Thus according to BNB price predictions, BNB price may exceed 610 USD by the end of 2023. Hence, it is one of the best cryptocurrencies that do not depend on Bitcoin to buy before 2022 to get rich.
Ripple XRP is part of the fast-growing cryptocurrency world that has enjoyed a remarkable growth in fortunes over the past year – and it continues to make headlines. Due to its consensus protocol, XRP can process transactions in seconds with low cost and minimal energy. This makes it one of the most environmentally friendly cryptocurrencies. On the other hand, bitcoin transactions are not efficient. It is one of the best cryptocurrencies to buy in 2022 to get rich.
Cardano is a third generation cipher. Its properties offer the best combinations of first and second generation cryptocurrencies, such as Bitcoin and Ethereum. It uses Proof of Stake (PoS) instead of Proof of Work (PoW), which improves its sustainability compared to other crypto systems. Experts recommend investing in Cardano.
Avalanche is one of the few blockchains that can scale without sacrificing decentralization. Interoperability with many blockchains is unlimited. The avalanche blockchain changes consensus algorithms based on the use case, and the network has more validators than other networks. It is one of the best cryptocurrencies other than bitcoin to buy in 2022 for good returns.
Solana aligns well with Ethereum in two important areas of development, speed and low transaction costs. Ethereum’s structure limits transactions per second to 15-30 on its network, creating a bottleneck that results in high gas fees. It has attracted many cryptocurrency investors due to its revolutionary qualities.
Terra (LUNA) brings a lot of benefits to the market. Its decentralized and unauthorized nature makes it ideal for the digital economy. The network offers competitive, programmable payments, logistics, and infrastructure designed to simplify the development of Dapp and stablecoins.
Famous entrepreneur Elon Musk has popularized this cryptocurrency known as Dogecoin since its appearance in the cryptocurrency market. But Elon Musk is the Dogecoin influencer – his crypto tweets control the sudden rise and fall of the cryptocurrency’s price. It was unexpected for investors to consider Dogecoin as a dangerous cryptocurrency while being a meme.
Shiba Inu is another cryptocurrency that is also one of Dogecoin’s biggest competitors. Despite its strange beginnings, SHIB has managed to amass a growing and loyal community, which is also one of its biggest selling points. The community also created an NFT project around SHIB which enabled it to gain more traction from investors.
Decentraland is the token behind the Ethereum blockchain-based virtual reality game of the same name. Crypto has been described as a 3D virtual world where users buy land to develop and monetize content, purchase goods and services, and visit other real estate.
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