In a very short period of time, cryptocurrencies demonstrated their value and secured its position in the financial mainstream. Big banks and institutional investors treat it as a serious asset even though it is extremely volatile in nature. However, many cryptocurrency investors are still looking for the next big payoff. If you are looking to buy cryptocurrencies, you might wonder which one will bring the highest potential return in the future. Although Bitcoin is the first choice for many, it might not necessarily be the best one. In this post, we have mentioned top 5 cryptocurrencies that have the potential to explode anytime soon.
#1 Battle Infinity
Battle Infinity is our first pick in the list of best cryptocurrencies in the market currently. It is a metaverse-based ecosystem that offers compelling play-to-earn games. Users can create their avatars and get involved in the Battle Infinity games to win significant rewards. Moreover, Battle Infinity also offers an inbuilt NFT marketplace, where users can trade in their artwork and purchase items for their avatar.
#2 Ethereum
As the world’s second largest cryptocurrency, Ethereum is also a blockchain platform that is highly preferred by program developers due to its potential applications, such as NFTs and smart contracts. At times, Ethereum outperforms bitcoin. Presently, Ethereum is experiencing a major downfall, which is almost on par with other leading cryptocurrencies. Some market experts say low prices pose a great opportunity if you have been waiting for the right moment to start investing in cryptocurrencies.
#3 Tether
Tether is a less volatile alternative to Bitcoin. Unlike other cryptocurrencies, Tether is a stablecoin, which means it is supported by major currencies, such as the Euro and American dollar. This keeps Tether value equal to one of those currencies. Theoretically, Tether’s value is supposed to be less fluctuating than other cryptocurrencies. If you are wary of volatility of your coins, Tether is a more consistent option to invest.
#4 Solana
Solana is a highly functional project that is backed by blockchain technology with DeFi, DApps and smart-contract functionality. It runs on proof-of-history and proof-of-stake algorithm, which enables the platform to handle thousands of transactions every second. Started with a price of $0.77 in 2020, Solana was priced around $101 by March, 2022. That means Solana is an excellent way to invest to gain more profits with this growing network.
#5 My Freedom Coin
When considering the list of the best cryptocurrencies to invest in 2022, the list cannot be completed without My Freedom Coin. MFC is a unique DeFi project that includes a mechanism that makes My Freedom Coin cash-proof. The reason it is cash-proof is because of the Floor Price created by BUSD inside BUSD Treasury. The funds inside BUSD treasury gives a floor price to MFC which protects it from crashing.
Conclusion
Crypto market is highly volatile at the moment. From thousands of cryptocurrencies to choose from, it can be very overwhelming to decide when you first step into the world of crypto. However, the cryptocurrencies listed here have a potential of giving good returns in the future. So, keep an eye on them and invest mindfully.
