Several key cryptocurrencies have posted impressive performances from day one of January 2022. Here are five cryptocurrencies that are showing signs of great performance so far. Listed are reasons why they might be the best crypto investments of 2022.
Cardano (ADA)
Cardano (ADA) is one of the best-performing blockchains in the market today. It is also in the list of top cryptocurrencies, ranking #6 at the time of this writing, based on the market value. Since the project launched in 2017, it has gained investors’ confidence by delivering the promise of building a secure and faster blockchain.
The fast and secure network is one of the reasons why ADA might still grow larger this month. But it is the anticipated utilities coming up in 2022 that might make Cardano be the best crypto of this month.
According to the 2022 roadmap, the team is planning to launch the Hydra protocol that was developed in 2021. This will be a protocol upgrade that is expected to make the blockchain more efficient, cheaper to transact. Hydra is a layer-2 scalability solution that will facilitate more financial transactions.
More dApps were also coming live on Cardano mainnet in 2021. These developments might make ADA the best crypto to invest in this month.
Solana (SOL)
Solana (SOL) project has come into 2022 as one of the fastest blockchains in the market. This alone is a hype that might keep the SOL performing very well in the market this month. With a record of 50,000 transactions per second, this is definitely one of the projects to watch in January 2022.
But the 2022 SOL roadmap is quite exciting and has crypto investors believe the coin might do very well this month. The team says it is working on improving the mainnet to increase the transactions per second. This will make it even fast, and the value of SOL will automatically go up.
There are also many utilities the team is adding in 2022, with some coming in Q1, and this might make the cryptocurrency perform even better this month. The increasing number of Solana users and investors is also expected to grow the SOL value this month.
Litecoin (LTC)
Litecoin (LTC) is one of the first digital currencies in the market, having launched in 2013. Today, billions of dollars have been transacted through the platform. The coin has also been doing very well in the market and managed to hit a new all-time high price of $386 in 2021.
The team is working on the LTC payment system to increase the adoption of this cryptocurrency globally. In the released 2022 roadmap, the team has laid out some of the strategies they are implementing to increase the adoption of LTC. Making the Litecoin payment platform faster, more secure, and low-cost transactions is likely to make it perform better in January.
The team is also adding more utility benefits, which will also impact the LCT performance. There are many key developments coming up that might make LTC the best crypto investment of 2022.
Bitgert (BRISE)
Bitgert (BRISE) was skyrocketing exponentially in December 2021 when other cryptocurrencies, including Bitcoin, were plunging. $BRISE launched on 28th July 2021, and over the last 5 months, the team has accomplished a lot in developing a DeFi protocol on Binance Smart Chain.
The team’s fast launch of products kept the coin growing exponentially, but the upcoming utilities in 2022 might make BRISE grow even biggest this month. Bitgert team announced the launch of the Brise exchange in Q1 and a zero-gas fee blockchain sometime 2022.
These two products might make cryptocurrency the best crypto to invest in in 2022. The ongoing staking, team doxxing, and project registration as a legal entity might also make BRISE grow larger in January. Read more on the Bitgert website.
Centcex (CENX)
The Centcex cryptocurrency exchange is already catching the attention of the crypto community barely two months into the market. The cryptocurrency launched in mid-November 2021 and is already gaining attraction because of the innovative features and utilities.
It will be one of the most powerful crypto exchanges due to its better security and safety features. It is an intuitive cryptocurrency exchange that offers an incredible user experience. The project’s outstanding utilities are one of the biggest attractions.
The team plans to have multiple products in the Centcex ecosystem, with 3% of every transaction going to fund unlimited products. With 100% APY staking reward to staked CENX, the project has everything to be the next biggest thing in the crypto market this month. Visit the Centcex website for more.
Terra (LUNA)
Terra (LUNA) might be one of the best performers of 2022 mainly because of the critical role cryptocurrency plays in the market. By addressing the issues in the market, which is volatility and helping investors reduce losses, makes the coin very attractive in 2022.
Terra LUNA is pegged to stablecoins to help stabilize users’ investments. Investors are able to keep their digital assets in a safe haven where volatility and price fluctuation is minimal. Currently, the coin is pegged on the U.S. dollar, South Korean won, and Mongolian tugrik.
The team is working on increasing the global adoption of its stablecoins, which will automatically increase the demand for Luna in January. There are also products coming up in Q1 that are likely to grow the cryptocurrency this month.
These are the reason why these cryptocurrencies might be the best big thing in January 2022. Before investing in a cryptocurrency, carry out thorough research on the project because the market is volatile, and things change fast.
Originally published here
