Bitcoin has kept its position as the most important crypto coin for a long time, but now other cryptocurrencies are trying to make their way up. The reason why Bitcoin is number one is because it can be considered as digital gold: no matter which year you go back in history, bitcoin always stood for an alternative and new way of storing money and making transactions
Now that we’re approaching 2022, we want to know what will happen next. There are hundreds of different coins out there and we can’t expect everything to rise at once, so let’s find out about the top 7 crypto coins except Bitcoin in You Should Invest in 2022. In order to get complete information about the most trending coins other than bitcoin you can check how to buy dogecoin now. It will provide you valid awareness about the most trending coins of crypto.
1 – Shiba Coin:
This coin is rather new, but that doesn’t mean it’s not worth your investment. It was created in November 2017 and its purpose is to become a global currency. Shibecoin has unique features such as the ability to be used anywhere in the world without any fees, and it can also be mined with just a laptop.
2 – Ethereum:
This coin was launched in 2015 and quickly became one of the most popular ones. Ethereum is different from Bitcoin because it allows for smart contracts and decentralized applications to be built on top of it. This makes it perfect for businesses who want to use blockchain technology.
3 – Gige coin:
Gige coin was created in December 2015 and it’s already number #73 on Coinmarketcap. It has a total of 9,889,690 coins in circulation and most of them were mined during the first 5 months. One great thing about Gige coin is that there will be no more than 21 million coins in existence.
4 – Ripple:
Ripple is one of the most known crypto 3.0 platforms because it aims to connect banks with blockchain technology. It was designed as a global settlement network for other currencies such as USD, Bitcoin and EUR. Banks love this platform because transactions can settle immediately through RippleNet without any fees or delays.
5 – NXT:
NXT got started back in November 2013 and they’re already in the top 50 cryptos on Coinmarketcap. Like other cryptocurrencies, it focuses on decentralization and security. It was the first crypto to use the Proof of Stake algorithm which reduces energy consumption by mining rigs.
6 – Crave:
Crave is a coin that uses two different algorithms at once to power our network. This will make it possible for anyone with a regular computer to mine coins while still being able to have powerful machines participate in mining as well. This way, everyone gets their fair chance of earning coins without having an unfair advantage based on their equipment.
7 – Monero:
This coin has been around since 2014 and many people love it because transactions are completely private and untraceable by law enforcement or other parties. Since it’s completely anonymous, the only drawback is that criminals love using Monero as well so it makes sense to be careful if you decide to invest in this crypto coin.
Frequently Asked Questions:
1 – When will these coins rise?
We don’t know for sure, but we suspect that by the end of 2020 all 7 of them might be worth at least $100 per coin.
2 – What else should I invest in apart from these crypto coins?
Bitcoin and Ethereum can also give you a good return on your investment depending on how much you’re willing to invest. Just remember that crypto is still rather unpredictable and nothing can be certain, so it’s important to diversify your investments as much as possible.
3 – How do I buy these cryptocurrencies?
There are many websites such as Coinbase where you can exchange your USD or EUR with any one of those coins. You just need to create an account and choose which options to buy.
4 – How do I store these coins?
It depends on the type of coin you’re buying, but most of them can be stored in a digital wallet such as Jaxx or MyEtherWallet. You can also buy physical coins from companies like Crypto Coin Wallet Cards if you want something more real.
All of these cryptocurrencies have a bright future ahead and investing in them might give you a nice ROI if you invest during the right time. There are many different crypto platforms to choose from so it’s always best to do your own research before choosing one.
(Online Trading Consultant)
yone who has knowledge-seeking ability about the comprehensive overview of crypto trading blockchain than I am here to serve you. I am Nathan Schwarts an online trading consultant guiding many crypto as well as other online traders with the help of my writings.