Keep an eye out for these cryptocurrencies that are cheap but have great potential in 2022

CRYPTOCURRENCIES are all the rage these days, particularly with speculative investors. What used to be a fringe investment is now front and center in the financial revolution. Even major international and national press institutions keep a close eye on the daily movements of cryptocurrencies and other digital currencies. Bitcoin, being one of the most popular currencies, is recognized and trusted by almost everyone. But new investors are always looking for affordable and cheap solutions. CRYPTOCURRENCIES invest. Taking into account that the crypto market is considered extremely volatile, these investors are hesitant to risk it all the first time. So, in this article, we have listed the best low cost CRYPTOCURRENCIES with great potential that investors will be able to buy in 2022.

XRP

Current Price: US$0.6488

XRP is an open source cryptocurrency that uses an open source distributed ledger called the XRP ledger. It is the native currency of Ripple, which is an enterprise blockchain company that facilitates global transactions. The creators claim that XRP was created for payments and can settle transactions faster than most other cryptocurrencies safely and efficiently.

Cardano

Current Price: US$0.8438

Cardano is a research-based cryptocurrency created by engineers, mathematicians, and crypto experts. It is open source and decentralized, with consensus achieved through proof of stake. You can also facilitate peer-to-peer transactions with the ADA token.

Moles

Current Price: $17.09

According to its creators, the DOT token primarily has three main purposes, which include providing governance for the network, operating the network, and creating parachains by bonding Polkadot tokens. The cryptocurrency has gained approximately 468% this year and continues to be one of the low-cost cryptocurrencies with great potential in 2022.

doecoin

Current Price: US$0.1421

Dogecoin originated somewhat from a joke, but quickly became quite real for those who profit from it. The current DOFE price is approximately 4,889% higher since the beginning of the year. Coupled with its success and affordability, DOGE makes for a lucrative career option. Earlier this year, DOGE rose to fame after Musk’s tweet, which reaffirmed his support for this crypto, allowing him to make real profits.

Shiba Inu

Current Price: US$0.00002349

Shiba Inu is another meme cryptocurrency that is also one of Dogecoin’s biggest rivals. Despite its whimsical beginnings, SHIB has managed to amass a loyal and growing community, which is also one of its biggest selling points. The community has also created an NFT project around SHIB which has allowed it to attract more investors.

avalanche

Current Price: $70.65

Avalanche is a competitor to Ethereum that facilitates decentralized applications and the creation of custom blockchains in its ecosystem. Furthermore, AVAX recently reached a record value, outperforming several major cryptocurrencies. Although launching in 2020, Avalanche has shown great growth potential.

land

Current Price: $89.34

Terra is one of the newer cryptocurrencies making headlines due to its recent successes. Like Avalanche, Terra jumped several cryptocurrencies in a single day and achieved a position among the top cryptocurrencies for a short time. Experts believe that LUNA’s recent release of the Columbus-5 upgrade, the protocol upgrade to the IBC standard that opens Terra to the Cosmos ecosystem, and the rise of DeFi applications have led to the recent growth of crypto.

Polygon

Current price: $1.27

Polygon Matica is a framework and protocol for building and connecting Ethereum-compatible blockchain networks that add scalable solutions in the Ethereum support ecosystem. The polygon builders have expanded their vision and scope by upgrading their system and bringing metaverse layouts and integrating the MATIC Plasma chain.

VeChain

Current Price: US$0.05216

VeChain is the currency of the VeChain Thor blockchain, and is considered the perfect choice for investors who want to invest in affordable yet potential cryptocurrencies. VeChain makes it easy to manage supply chains and other business processes.

Decentraland

Current price: $1.86

Decentraland is the token behind an Ethereum blockchain-based virtual reality game of the same name. Crypto has been described as a 3D virtual world where users buy land and monetize content, purchase goods and services, and visit other properties.

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