Cryptocurrency is a digital currency managed by blockchain technology and isn’t subjected to government regulation. Bitcoin was the pioneer in this field and has since maintained its superiority in the market. As digital currency keeps gaining popularity globally and traction on Wall Street, more options present themselves. Currently, there are up to 8,900 types of cryptocurrencies on the market. If you’re looking to buy crypto, visit https://www.okx.com/markets/prices for updates on current prices and comprehensive guidelines on how to purchase them.
While you can use crypto to make purchases, many users consider it a long-term investment. However, the volatility attached to cryptos makes them a risky investment, so it is paramount to have enough knowledge in blockchain and cryptocurrencies before investing. Moreover, you need to invest in the crypto that is within your budget bracket.
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Five top cryptocurrencies that are worthy of investment in 2022
Coin price as of March 8: $0.726
XRP was developed by Ripple, a blockchain company that regulates global financial transactions. XRP is an open-source crypto that uses an open-source scattered ledger called XRP Ledger and is built primarily for faster and more reliable payments and transactions. What’s more, XRP offers transactions at low costs compared to standard global payment infrastructure.
2. Dogecoin (DOGE)
Coin price as of March 8: $0.1177
When DOGE initially came into the market, it was considered weak crypto, but it has since soared and bloomed into profitable crypto for those who chose to invest in it. Combined with its cheap buying price and its relatively stable prices n the crypto market, Dogecoin proves to be a worthwhile investment for the short term.
3. Chainlink (LINK)
Coin price as of March 8: $13.47
According to Coinbase, LINK is a powerful Ethereum token that runs the Chainlink decentralized oracle network. As such, it is powerful enough to securely connect to APIs, external data sources, and payment systems.
LINK assertion its ability to process off-chain computation and real-world data to diversify the capabilities of smart contracts. All the while, this crypto maintains the advantages of blockchain technology and enjoys its reliability and security benefits, making it a safer option compared to other cryptos and blockchain technologies.
4. Uniswap (UNI)
Coin price as of March 8: $8.74
As one of the biggest players among decentralized exchanges, Uniswap automates the trading of decentralized finance tokens between customers and allows them to create a liquidity pool for any token pair they choose.
5. Polygon (MATIC)
Coin price as of March 8: $1.45
Polygon works almost the same way as Chainlink because it is also based on the Ethereum network as a way to expand Ethereum into a multi-chain system. Supported by Binance and Coinbase cryptocurrency exchanges, MATIC could be the solution crypto developers need to make decentralized applications more efficient, faster, and cheaper.
Anyone searching for investment opportunities can opt for the above affordable cryptocurrencies, which can make them rich in 2022. Visit https://www.okx.com/buy-crypto for updates on current prices and comprehensive guidelines on how to purchase them.