London, UK, Binary News Network, In 2018 and 2019 there was widespread FUD (fear uncertainty doubt) due to the success of Initial Coin Offerings that launched in 2017 which failed spectacularly when many people lost money on them or just kept it all for themselves; but after this initial panic ensued from those events- cryptocurrency has made up its losses through two new instruments: nonfungible tokens (NFTs), and decentralized financial services -better known around these parts by their acronym “DeFi”. And as we look ahead into 2022, there are several products out now offering great returns on investments.
Dominic Griffin, broker from BigBitMarket says the best cryptocurrency to invest in maybe the one you already own and it’s always beneficial to start with what you have. Here we look at several cryptocurrencies out now that are currently bringing in high returns:
Golem GNT – used for market predictions and decentralized computing power, recently upgraded its token value from a few USD to over $1.00 per GB. Golem has been said to offer one of the highest returns on investments for 2022, with a potential to reach around $10.00 per token in two years’ time. It is estimated that around ~$5-$6 at current values ($0.60) will be added to the value of each Golem token when supply and demand are balanced again after the great cryptocurrency crash of 2019 -with prices for this particular coin being driven down by speculators who were selling it off due to fear from losing money from other failed ICOs and high-risk margin trading opportunities where they would buy and sell coins frequently hoping for short term profits while ignoring long term gains:
Bitcoin BTC -Bitcoin has been around for 13 years and it’s the world’s largest cryptocurrency by market capitalization. It trades using software that runs on more than 15,000 computers (nodes) all over the globe which keeps a record of transactions as well as account balances in case anything were to happen with any one computer or even group of them belonging together like they do here at Blockchain Tech Repair Service LLC – your go-to team when you need help keeping up integrity within this ever-changing industry!
Bitcoin is the oldest blockchain in existence, with the most security and is currently trading at around $50,935.08.
Dash DASH is -a comparatively newer cryptocurrency that has made its way into becoming one of the top ten cryptocurrencies within a few years’ time by offering day-to-day usability including quick transactions between parties who can send each other Dash using wallet accounts belonging to them. This works similarly to PayPal, but they do not have access to your personal information or account funds making it impossible for anyone else to steal from you.
Dash offers great returns on investment since being introduced at around $22 per token now they are close to reaching an all-time high of over $1000 USD per DASH! Our analyst’s project Dash is to reach around $34 per token in 2022.
Ethereum: Ethereum has long been known as one of the most versatile and valuable cryptocurrencies in existence, but it may be about to take off.
The rise of Ethereum is due largely because its ecosystem accounts for 20% (or more)of all cryptocurrency trading volume and uses this power not only financially–by processing payments across multiple sectors using smart contracts that execute without human intervention-but also structurally; with many projects built on top capable Chains like Cosmos or Parityractedanew models which could revolutionize how we think about trust among peers online when dealing directly with each other rather than third parties who might themselves act in bad faith.
Solana: A new smart contract network that seeks to compete with Ethereum is starting its climb up the investment charts. The altcoin has seen some rough times recently but presents itself as an excellent option for investors looking into investing in cryptocurrency markets primarily due to it being relatively young and established plans on releasing its own token which will allow users access across multiple blockchains without having any transaction delays or other issues associated with cross-chain transferability at launch (planned 2022).
Solana has the potential to gain upwards of $200.00 per token by the time 2022 rolls around meaning this is one cryptocurrency you don’t want to miss out on!
Ripple: Ripple (XRP) is another cryptographic system that uses blockchain technology, but with a method different than other coins, so it serves as both a cryptocurrency and digital payment network for financial transactions. The platform characterizes itself as “basic infrastructure technology for interbank interactions” – meaning its use cases are more likely tied to banks rather than consumers. Ripple offers great opportunities for investors looking towards long term investments but it’s not yet clear how much they can expect their investment to increase in value due to the lack of information from CEO Brad Garlinghouse, who has been unusually silent when it comes to offering updates on the company’s success or failures which is usually a good sign that they are increasing in value, and you don’t want to miss out.
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Truth Classified journalist was involved in the writing and production of this article.