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Several cryptocurrencies have been around the industry, and many of them could be your “best bet” if you are seeking investment opportunities. Of course, carefully selecting which digital asset you would be investing in is the most crucial step to take.
Other than Bitcoin, which could be an obvious choice for you, there are still many options you can consider. In this article, we will look into the top 4 well-performing cryptocurrencies ranked from the highest market capitalization.
Bitcoin is the world’s largest cryptocurrency with a market capitalisation of over $896.5B and is currently sold at $47,482.
According to WalletInvestor, Bitcoin can be a profitable investment option if you are looking for a digital asset with a good return. In 2022, its price is predicted to go up to $77,453 and a long-term earning potential at +61.70%.
Another forecast is also done by CoinPriceForecast, which has predicted that Bitcoin’s price will rise to $55,578 at the end of 2021. In the first half of 2022, its price will increase to $74,767 and close the year at $82,114.
CoinQuora has predicted higher than the first two. Being the best investment, Bitcoin’s price can surge around $120,000 at the end of 2022.
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Ethereum holds the second rank of top cryptocurrencies with a market capitalisation of over $397.8B and is currently sold at $3,405.
In 2022, according to WalletInvestor, Ethereum’s price can grow to $5,795 and long-term earning potential at +70.18%.
CoinPriceForecast has predicted that Ethereum’s price will increase to $4,509 at the end of 2021. During the first half of 2022, its price will increase to $6,538. At the end of 2022, it will rise to $6,832.
Lastly, for this section, Ethereum could reach $5,500 by the end of 2022. There is a possibility of showing fast growth during the first quarter of 2022 by increasing its price to $6,000. But it could slow down, yet no major falls are expected.
Binance Coin is the third-largest cryptocurrency at the time of writing. It has a market capitalization of over $71.3B and is being sold at $426.55.
WalletInvestor forecasts that its current price can almost double in one year, reaching $805.861. It also has a long-term earning potential of +88.82%.
CoinPriceForecast has predicted that Binance Coin will close in 2021 at $545. In the first half of 2022, its price will climb up to $790, and it may reach USD 891 at the end of 2022.
CoinQuora has explained that Binance Coin will reach $450 by the end of 2022. There will be a fast growth in the first half of 2022, in which its price will rise up to USD 488. This will slow down to $450, expecting no major falls to happen.
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Cardano strives to be the third-largest cryptocurrency, but it is currently ranked as the fourth-largest cryptocurrency with a market capitalization of over $70.4B. At the time of writing, it is being sold at $2.22.
In one year, Cardano’s price can double up to $4,554 with a long-term earning potential at +106.50%, according to WalletInvestor.
Moreover, CoinPriceForecast has predicted that Cardano’s price at the end of 2021 will be $3.73. In the second half of 2022, it will rise to $5.41 and close at $5.53.
Lastly, CoinQuora’s Cardano price prediction is higher. By the end of 2022, it will reach $12. It will display its fast growth during the first half as it grows to $15 and then slows down to $12.
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The content of this post is only intended to educate our readers. The data provided should not be used to make a specific decision regarding cryptocurrency use, legal issues, investments, taxes, cryptocurrency mining, exchange use, wallet use, or anything else.
All thoughts given in the article are solely the author. We highly recommend that you seek the advice of a licensed financial professional when it comes to investing in cryptocurrencies.
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