7 Best Performing Cryptocurrencies to Invest in 2022 for Long-term

Since the cryptocurrency market is volatile, it’s hard to predict which currencies will be in demand in the future. But if you want to invest in a cryptocurrency that has a good chance of lasting, you must go with the best ones. So, if you are an investor and looking for the best cryptocurrency to invest in 2022 for long-term, you should consider investing in:

• Bitcoin
• Ethereum
• Dogecoin
• XRP
• Cardano
• Binance coin
• Polkadot

These cryptocurrencies have experienced incredible growth over the past few years, and it’s still getting better.

However, before choosing your best long-term investment cryptocurrency, you must stick to this blog till the end.

Here, we have explained the complete analysis of these cryptocurrencies to help you make an informed decision.

Let’s get started!

Best Cryptocurrency to Invest in 2022 for Long-term

The cryptocurrencies that we’ll discuss are designed to be decentralized and secure.

So, they don’t rely on a single company or individual for their operations.

Moreover, that makes them more stable than most other cryptocurrencies out there.

Now, let’s look at the best cryptocurrency to invest in 2022 for long-term:

#1. Bitcoin

Bitcoin is the cryptocurrency that started it all and is still going strong.

It has remained the most popular cryptocurrency by far, since its creation in 2009.

Moreover, it shows no signs of slowing down despite the ups and downs, and that makes it the best cryptocurrency to invest today.

In other words, Bitcoin’s price has been relatively stable over the past few years, with a few dips but overall steady growth in value.

This cryptocurrency is outside the control of the government or central bank officials.

According to the founder, Satoshi Nakamoto, a total of 21 million are in the market, never increasing. And that makes it more stable for the best long-term crypto investments 2022.

Note: Currently, the price of Bitcoin is $24,156.20(Bitcoin/USD).

So, if you want a versatile, stable, high-return cryptocurrency to invest in, you can go with Bitcoin.

#2. Ethereum (ETH)

Ethereum is often described as “the second-largest cryptocurrency” by many investors and analysts.

Moreover, it’s only behind Bitcoin on market cap (about $212 billion versus $460 billion).

But what makes Ethereum stand out from others and become the second-best cryptocurrency to invest in 2022 for long-term is its ability to execute smart contracts.

This conveys, programs that can be run using blockchain technology without going through a central authority like Bitcoin.

Indeed, this allows for all kinds of applications that have never been possible before, including decentralized apps (dApps).

Furthermore, it allows users full control over their data on an application rather than having third parties dictate how they should use or store it.

Note: Currently the price of ETH is $1,733.31 (ETH/USD).

Thus, if you are starting and want a long-term investment cryptocurrency, you must go with ETH.

#3. Dogecoin

Dogecoin was created in 2013, but it’s been around for a lot longer.

According to the founders’ Billy Markus and Jackson Palmer, it was created as the first “Meme Coin.”

Moreover, they had created it as a joke to make fun of the wild speculation happening in the crypto market.

It’s based on the idea of “tipping” people for content on the internet, and it has gained popularity due to its lighthearted tone.

In 2017, it was added to the Coinbase exchange, and it’s been on the rise ever since. Certainly, the coin has also been used to raise funds for charitable causes.

For instance, $55 million worth of Dogecoins were donated to help restore coral reefs after the damage by an earthquake in 2018.

Now, after 9 long years of its introduction, it has a market cap of more than $94 billion.

Note: The current price of Dogecoin is $0.071 (Dogecoin/USD)

Thus, if you are looking for a way to make money in a fun and easy way by investing in one of the top 10 cryptocurrency 2022, you can choose Dogecoin.

#4. Binance Coin (BNB)

The BNB token was created in 2017 by Changpeng Zhao, who wanted a way to reward users for their contributions to the platform.

Since its launch, it has become one of the most popular and ranked #6 on CoinMarketCap’s list of most valuable cryptocurrencies by market cap.

Moreover, it is an open-source blockchain platform that allows for decentralized exchange and payment processing.

The BNB token provides access to Binance’s exchange and its other features such as margin trading, lending services, and more.

Indeed, the future looks bright for this coin as it continues to expand its services and products.

Note: The current price of a Binance Coin (BNB) is $333.17 (BNB/USD).

So, if you want one of the most stable and best cryptocurrency to invest in 2022 for long-term, BNB can be your best choice.

 #5. Cardano

Cardano (ADA) is a decentralized blockchain that is fully open-source. 

It was created by Charles Hoskinson and Jeremy Wood, well-known figures in the cryptocurrency community.

Cardano’s native cryptocurrency is called ADA, and it’s traded on several exchanges worldwide.

Moreover, the primary function of the ADA token is to power all operations on the Cardano blockchain, including payments and computation.

ADA tokens can be used to pay for transactions or programs running on the network. 

In addition, they are also required for users to get access to certain features like voting rights for proposals that are submitted to the network.

So, if you are looking for a long-term investment cryptocurrency, you can look at Cardano.

Note: Currently, the price of Cardano is $0.53 (Cardano/USD).

#6. Ripple (XRP)

Ripple is the sixth most valuable cryptocurrency in the world, with a market capitalization of around $19.8 billion.

According to stats, it’s also one of the top 10 cryptocurrency 2022 by volume.

Like other altcoins, Ripple was created to solve a specific problem within the cryptocurrency community.

Moreover, Ripple was created in 2012 as a way to allow global banking institutions to make cross-border payments more efficiently than ever before.

The company behind Ripple has raised $171 million from venture capital firms like Andreessen Horowitz and Google Ventures.

Because of its market cap and popularity among investors, XRP has seen significant growth over the last few years.

Yet, some investors consider that it’s a risky investment because there’s no guarantee that it will continue growing at this pace.

On the other hand, some say the opposite, i.e., it is one of the best cryptocurrency to invest in 2022.

Note: Currently the price of Ripple (XRP) is $0.37 (XRP/USD).

#7. Polkadot

Polkadot is a cryptocurrency that aims to connect all blockchains. 

It was founded by Sergey Popov, who has previously worked on projects such as the IOTA project.

In addition to being a great investment for long-term holders, it is also an interesting project for investors looking for a way to diversify their portfolios.

The project has already received funding from many large companies like BP and Toyota. Moreover, there is no telling how much more funding it will receive before its Mainnet launch in 2023.

Polkadot’s token (DOT) is currently one of the top 10 cryptocurrencies by market cap (more than $50 Billion).

Note: Nowadays, the price of Polkadot is around $9 (Polkadot/USD).

Thus, it can be a great choice and the best cryptocurrency to invest today for long-term.

Hence, these are the best cryptocurrency to invest in 2022 for long-term.

Conclusion

Most people think of cryptocurrencies as a short-term investment and look for the best cryptocurrency to invest today for short-term.

But if you want to make handsome money, you must go with the best cryptocurrency to invest in 2022 for long-term.

The value of these cryptocurrencies has increased by over 2,000% since their inception (primarily in 2009).

This conveys that, you have gotten an amazing return on your investment if you have bought them years ago!

For instance, if you bought $100 worth of cryptocurrency back then and held it until now, you’d have made about $4 million in return.

Indeed, if you invest now, you will get an amazing ROI in the future.

Hope you get the idea of the ROI that you will get if you invest in the best cryptocurrency to invest in 2022 for long-term mentioned above.

Also read: 5 Best Mobile Crypto Wallets