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Crypto starter pack: Best cryptocurrencies in 2022 for Beginners

Crypto starter pack: Best cryptocurrencies in 2022 for Beginners

Crypto starter pack: Best cryptocurrencies in 2022 for Beginners

Tue Nov 30 2021 02:20:00 GMT+0000 (Coordinated Universal Time)

As of late, cryptocurrencies have been the talk of the town across various digital platforms like Twitter and international news sites. Despite the volatility of the crypto market, it’s proven itself to be a great choice for interested traders since it serves as a good long-term investment.

As this year ends and another year sets to begin, it’s also an important time for crypto enthusiasts to look into the best cryptocurrencies to invest in 2022. It’s crucial to know which coins will explode in 2022 so you can get ahead of the game and gain bigger returns. Know more about them here at Bitcasino:

Recap about the crypto market from 2019-2021

The past few years have seen a series of highs and lows for the crypto market but no one can deny that it has managed to hook the interest of many people around the world. Take a look back on the different achievements and challenges faced by this industry from 2019 to 2021 here:


The crypto market continues to grow each day and has opened the doors of possibilities in the world of financial technology. Some of the most notable achievements to date are the following:

  • Cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) reached their all-time high in 2021. BTC hit $65,000 in April 2021 while ETH went over the $4,000 benchmark in May 2021.
  • The creation of various cryptocurrencies that are faster than Bitcoin (BTC) which has 7 transactions per second (TPS). Some examples include Ethereum (ETH) with 25 TPS, Ripple (XRP) with 1,500 TPS and Solana (SOL) with 50,000 TPS.
  • Investing and trading have become mainstream with big companies like Tesla and Square joining the fray.
  • It is used across various industries aside from finance like in the gaming and entertainment industries to name a few.


Despite the good things that have happened in the crypto industry, there are still a few challenges it encountered along the way:

  • It went through a series of price crashes as some cryptos reached both their highest and lowest prices in the past three years.
  • This received both good and bad reviews from big financial institutions all over the world such as central banks in certain countries. Cryptocurrencies have also been banned in nations like China and Russia.

Best cryptocurrencies to invest in 2022

Uncover the best cryptocurrencies to invest in 2022 by reading through the list below:

Bitcoin (BTC)

Bitcoin (BTC) is known as the biggest cryptocurrency, reaching over $1 trillion in its market capitalisation. It was created in 2009 by a mysterious figure hiding behind the pseudonym of Satoshi Nakamoto. This was the first digital coin to use an underlying blockchain technology that allows transactions to be kept safe and immutable in a network of computers.

Why BTC is a good investment 

  • It’s a prime mover in the crypto market

Being the prime mover in the crypto market, BTC makes a good investment for the long term since it has the highest market capitalization and is the most notable one among other tokens. Most people start with trading in BTC before trying out other coins. As a result, it becomes more popular and its market capitalization increases. Taking advantage of this situation, you are more likely to get lots of returns when investing in this kind of crypto asset.

  • It’s now more mainstream

Unlike before when most people were still sceptical about cryptocurrencies, BTC is now slowly being accepted by various countries all over the world. An example of this is El Salvador which was the first nation to make BTC its national currency, further proving the legitimacy of crypto to the public. Apart from this, some nations like the United States and Australia also legalized the use of BTC for trading purposes.

  • Its price is predicted to increase

Despite Bitcoin’s series of ups and downs, many investors still believe that it will continue to progress and last long for years to come. Tim Draper, a known billionaire venture capitalist and Bitcoin investor, said that BTC is more likely to reach a market price of $250,000 by early 2023. Meanwhile, the popular news site Bloomberg published an April 2021 report predicting that this digital coin will reach up to $400,000 by the end of 2021. This is why it is important to know how to protect your Bitcoin from volatility.

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Ethereum (ETH)

Following BTC as the largest cryptocurrency, Ethereum (ETH) is second in rank with a market capitalization of $425 billion. It was created in 2015 by the Russian-Canadian computer programmer Vitalik Buterin. Contrary to BTC, ETH uses a smart contract feature that drafts the terms and conditions of a transaction between two parties in code. This allows a more efficient and secured transaction without the need for a middleman.

Why ETH is a good investment

  • It has the largest network of blockchain

Ethereum is the largest blockchain network for decentralized applications (dApps) that function without being controlled by a single entity. Moreover, its system allows the creation and use of Ethereum request for comment (ERC-20) tokens which paves the way for the improvement of various coins and lets them interact seamlessly with one another.

As a result, the ETH coin becomes the first choice for people who are venturing into new coin development and serves as a good investment for those looking for both short term and long term gains.

  • It continues to upgrade

Ethereum’s potential continues to grow over the years because of its ETH2.0 upgrade, making it the best choice for crypto investment. It also boasts of its efficient and fast transactions as it uses a Proof of Stake (PoS) mechanism which uses less energy as compared to the Proof of Work (PoW) protocol used in BTC.

  • It’s a better option for business-related transactions

An advantage of investing in Ethereum is that it is used in business-related transactions because of its smart contract functionality that allows various industries to improve their processes and enhance their transparency. There are also many places where you can spend ETH. In turn, the ETH token continues to thrive and is predicted to surpass BTC.

Step by step process to use MetaMask

For a quicker and more convenient way to invest in ETH, try using MetaMask which is a famous browser extension that allows users to store ETH and other ERC-20 Tokens. This is free and easy to use with only three steps involved namely:

1. Install the MetaMask on your browser

Most browsers like Google Chrome, Mozilla Firefox and Opera have the MetaMask extension on their stores. The first thing you need to do is search it in your browser then it will instantly pop up at the top of your search results. 

Once it appears, press the ‘Install MetaMask’ as an extension. Make sure to press the ‘add to Chrome’ and ‘add extension’ buttons so they will instantly be found at the top right corner of your screen.

2. Create an account

After installing the MetaMask extension, click on it to open the application. If you want its latest version, click the ‘try it now’ button then press ‘continue’. 

Afterwards, you will be asked to create a new password. Once you’re done filling it up, click ‘create’. Don’t forget to accept the terms of use to move on to the next part.

This time, you have to click the ‘Reveal Secret Words’ button where you will be given a 12-word seed phrase. Make sure to write this down on a piece of paper and don’t type it on any digital platform for security purposes. Verify the secret phrase by pressing the previously generated phrase then click ‘confirm’. Then voila, you now have a MetaMask account with a new Ethereum wallet address.

3. Deposit some funds

To deposit some funds, you should first press ‘View Account’ to see all the details of your newly created account. This is where you can view your public address and share it with other people when you are having transactions.

Polkadot (DOT)

Released in 2016 by Gavin Wood, Polkadot (DOT) is known to be similar to ETH which allows users to build dApps and utilise smart contracts. It’s part of the Parachain blockchain network that has connected different blockchains, allowing users to transfer their assets across various blockchain platforms. Moreover, it is performing well in the market with a market capitalisation of $33 billion.

Why DOT is a good investment

  • It has a large and growing programmer base

According to the President of Capital2Markets Keith Bliss, Polkadot rivals Ethereum and is found to be safer by most programmers. This allows them to make their own blockchains, resulting in the growth of its programmer base.

  • It solves the issue of scalability

Scalability is a common issue in the blockchain, particularly since it affects the speed of transactions. For example, BTC allows 7 transactions per second (TPS) but if the number of transactions exceeds this number, the rest will be queued up and take a longer time to process. Polkadot addresses this problem with its Parachains that reduce the chances of congestion. This makes transactions faster and more efficient.

  • It’s expected to increase in market price

As of October 2021, the market price of DOT is at $33.50 which is fairly less than most cryptos but many experts believe that it has a bright future ahead. According to Coin Price Forecast, DOT is most likely to reach up to $50 around the first six months of 2022, making it a great investment for next year. Moreover, they said that the price may reach $75 by the end of 2023. 

Binance Coin (BNB)

Presently ranked as the 4th highest crypto asset with a market capitalization of $72 billion, Binance Coin (BNB) is a cryptocurrency used for trading and paying fees in the Binance exchange. It was released in 2017 to allow users of the exchange to have transactions at a cheaper price. This only has a strict limit of 200 million tokens for circulation.

Why BNB is a good investment

  • It has a range of applications

Initially, BNB was used for trading purposes in the Binance exchange. However, it is now utilised in several ways such as paying for goods, services and transaction fees on the Binance Smart Chain (BSC). This then became a prime investment in Binance, the largest cryptocurrency exchange site in the world.

  • It’s predicted to hit at least $500 in market price

From the data of the Coin Price Forecast, BNB is expected to reach $500 by the end of 2021. Then it will most probably hit the rate of $1,000 in the middle of 2025. This makes the crypto asset a worthwhile investment for the future.

  • It has many additional projects to stimulate its growth

BNB is having additional projects improving its performance, following the BSC. This will then put the said crypto asset at the top of the game as its price and demand increase.

Cardano (ADA)

Known as the third-generation cryptocurrency, Cardano (ADA) was released in 2017 by Charles Hoskinson who was also the co-founder of Ethereum. ADA features more environmentally-friendly methods, faster transactions and a more secure system.

Why ADA is a good investment

  • It was able to solve energy usage problems

Contrary to most cryptocurrencies, ADA is one of the few that solved the issue of energy usage. It only uses six gigawatt-hours when mining compared to BTC which uses 130 terawatt-hours and ETH with 50 terawatt-hours (before it launched the ETH2.0 version).

  • It processes up to 257 TPS

Transactions are faster at ADA which allows 257 TPS. This is quicker than most cryptos like BTC which only has 7 TPS.

  • It’s utilised in various industries

ADA is a good investment because it is used in various industries such as finance, healthcare and agriculture, proving its ability to stay in the market for a long time. On that note, it will mostly reach a high market price of $4.97 in 2022 according to


Crypto that will explode in 2022

The crypto market continues to thrive as more people get interested in investing in it. If you are interested in trying this out, here are two of the popular crypto that will explode in 2022:

Solana (SOL)

Although Solana (SOL) is relatively new in the crypto market, it gained popularity over the last few months since it was launched in 2020. It’s currently ranked the 7th largest in the market with a market capitalisation of $46.83 billion. This goes against large cryptos like ETH and ADA when it comes to smart contract functionality.

But its success was mainly driven by the rise of non-fungible tokens (NFTs) which can be bought and sold on this platform. On another hand, this claims a 50,000 TPS with a rate of $0.01 per transaction. Coin Price Forecast predicts that SOL will hit $500 in its market price by the end of 2021and will double in 2022, reaching $1,000.

Uniswap (UNI)

Uniswap (UNI) already has a market capitalization of $25 billion even if it was only released in 2020. From Coin Gecko’s data, this is currently the 12th largest cryptocurrency in the market. This native coin is found and used in the fourth-largest exchange site in the world with the same name, Uniswap, which was established in 2018.

Many crypto experts like the Economy Watch expect that UNI will reach $31 in its market price by the end of October 2021. They are also seeing the possibility of it peaking to $42 by December 2021. It was also predicted that UNI might reach its all-time high by the start of 2022.

Different predictions about crypto for 2022

Know what’s next for crypto by reading through the different predictions of various experts here:

  • Investors will more likely uphold a ‘gold standard criteria’ for Bitcoin investments, elevating the value and credibility of the crypto market
  • As brokerages are one of the places where you can buy cryptocurrencies, crypto brokers will improve their services since cryptos are becoming more popular in 2022
  • Using cryptos for illegal activities will be limited with strict supervision of national governments
  • Different universities will start accepting cryptos as a form of payment
  • Ethereum will most probably outperform BTC and strengthen its presence in the market
  • Digital tokens will be used for commercial transactions like buying goods on Amazon.

New developments in the crypto industry

Get stoked at the different developments in the crypto industry that are making an impact on the community:

  • Addressing environmental concerns

Among the crypto community, many have been thinking about cryptocurrency being bad for the environment because of the mining process. In fact, Tesla CEO Elon Musk cited Bitcoin mining's use of fossil fuels and harmful environmental effects as the reasons why his company stopped accepting BTC as a form of payment. However, the crypto market is now looking into addressing these concerns and finding ways to reduce carbon footprint through researching more about it and creating new innovations. This includes making sustainable cryptos like Cardano (ADA) and adopting a new farming process called Chia which requires less energy than mining.

  • Making of Central Bank Digital Currencies (CBDCs)

Adapting to the changes of time, central banks are now creating their own digital currency based on blockchain technology called central bank digital currencies (CBDC). It is a legal tender that is made and supported by them. You can find various projects relating to these CBDCs happening in different parts of the globe including the Bahamas, India and St.Lucia among others. Having these CBDCs are proof of how banks are leaning towards the digital platform rather than staying on the traditional means.

Start 2022 by investing in the best cryptocurrencies!

Investing in cryptocurrencies is a wise choice as this market continues to improve through the years and has established its high potential. Begin by learning how to invest with cryptocurrencies then educate yourself of the best crypto that will explode in 2022. Once you’ve made a choice, start your crypto investing journey and reap all the benefits that come along with it.

Words by: Lourda Lumain

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Crypto starter pack: Best cryptocurrencies in 2022 for Beginners