June 22, 2022 Ultimate News Hub

4 Most Popular Cryptocurrencies to Pounce on in 2022

Cryptocurrency — it’s the talk of the 2020s. Like it or not, crypto is the coming of a new age. We suggest you like it — because those who understand it can ride it all the way to the top.

But you can only get so far talking about “cryptocurrencies” in the abstract. If you want to truly make money, you’re going to need to parse through the most popular cryptocurrencies and figure out which one is best for you. 

This article will walk you through some of those most popular cryptocurrencies so you can figure out the next cryptocurrency to explode in 2022. 

1. Bitcoin 

You can’t talk about cryptocurrency without talking about Bitcoin. Bitcoin was the original cryptocurrency and it still serves as a synecdoche of the whole endeavor. Many people use the terms interchangeably.

This is for good reason. Currently, Bitcoin is (most likely) the most stable cryptocurrency out there (which is known for being unstable). Around since 2009, it’s the only cryptocurrency in its third decade. 

If you want to invest in a stable, popular crypto while also staying in touch with crypto history, go with Bitcoin. 

2. Ethereum

Anyone who follows the world of cryptocurrency knows this one was coming next. Ethereum is the other crypto that’s impossible to ignore, as the second most popular cryptocurrency in the world. 

But that’s not all. Ethereum is also known as the more stable crypto as opposed to Bitcoin. While not quite as big as the original giant, Ethereum makes use of a different blockchain with a set amount of coins, controlling the price and inflation rigidly. 

If you want to play it safe and smart, we recommend Ethereum. 

3. Litecoin

Litecoin takes a different approach to other cryptocurrencies. Newer to the pack, it seeks to increase trading by making transactions extremely easy.

The easy interfaces, lower levels of verification, and low/nonexistent transaction fees make Litecoin, if not stable, easy to go around. 

We’ll give it to you straight: Litecoin is having a rough year. Some folks might see this as the perfect time to scoop the lows, however. 

4. Dogecoin

Dogecoin is the little crypto that could. Initially started as a joke, dogecoin made a select few people very wealthy, after Elon Musk’s ironic endorsement of it caused the stock to pump up drastically.

We don’t literally suggest investing in the original dogecoin — its moment has passed. However, we recommend stepping outside of the traditional investment box every once in a while. We live in a new age, and understanding the power of memes is important. 

Looking for a great crypto wallet? Buy Loopering today.

The Most Popular Cryptocurrencies 

As you can see, there are many great coins out there for you to invest in. Consider these most popular cryptocurrencies, and pair them with a great currency, and you’re far more likely to succeed. 

For more articles like this, check out our “business” section. 

 

in Finance
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