London, UK, 5th Jan 2022, ZEXPRWIRE, The next generation of the crypto industry is emerging. Leading names in blockchain technology are taking up promising positions in the market. Predictions are that 2022 will see a rise in the number of companies likely to create fortunes for their investors. While some have identified top companies in the market, others have not. In this article, Victoria-Coins broker, Jack Roberts, looks at three top companies that can be expected to turn heads in 2022.
- Amazon Coin-AMZN
Among the companies that are expected to lead in 2022 is Amazon coin. This company has implemented cryptocurrency technology in its business model, which is one reason why it will grow to become a leading crypto company. The nature of blockchain technology allows people to create their coins, tokens, and platforms for performing transactions quickly and efficiently. AMZN stock is traded on the NASDAQ market at 1,796.18 dollars. The company has been growing from strength to strength, which means that it will likely create a fortune for its investors in 2022.
IOTA is another top crypto company that is likely to create fortunes for its investors in 2022. This crypto has been working on developing a platform that would allow it to perform transactions without transaction fees, which makes it unique. The MIOTA coin is traded at the price of 0.97 dollars per unit. Such a low valuation has attracted investors who are eager to buy the coins at this very low fee. IOTA is crypto powered by the Tangle protocol. This means that it does not need miners to confirm transactions.
The king of all cryptocurrencies is Bitcoin, which is traded at 5,633.93 dollars per unit. This crypto has been growing rapidly since it was introduced in 2009, and this means that it will continue rising until 2022. In January of 2018, BTC stock was trading at 8,000 dollars. This means that it has been growing from strength to strength and will continue doing so in the future. – Bitcoin was the first-ever cryptocurrency invented by Satoshi Nakamoto.
The value of Bitcoin fluctuates while it is being traded on different exchanges, and this means that there are high chances of a smaller investor getting affected by these fluctuations. In October 2017, Bitcoin Cash was created from a hard fork in the blockchain. This branch differentiated itself by boosting its block size from an average of 1 MB to 8 MB in just eight months after launch, which allows for more transactions at once.
In August 2018, Bitcoin saw its most severe downturn in price since 2013, with prices falling below $5100 USD. This event was triggered by a negative news break from several sources, including an SEC statement that Bitcoin and Ether were not securities. Though Bitcoins have been used for illegal transactions such as drug trade or laundering money, there are also more legitimate uses of cryptocurrencies. Many countries have passed legislation to legalize cryptocurrency in countries such as Japan and Russia.
Ripple is another top company expected to become the leading crypto in 2022. The XRP coin is trading at 0.62 dollars per unit. This coin has been growing at a steady rate, attracting investors who are keen to invest in the coins with the hope of growing their investment portfolio in the coming years. Ripple has been growing rapidly since it was introduced in 2012, and this means that it will continue growing until 2022.
The NEO coin will likely create a fortune for its investors in 2022. This crypto coin was not created to replace fiat money but as a digital currency. The NEO coin is traded at the price of 31 dollars per unit. Some people refer to it as Chinese Ethereum because it uses smart contract technology as ETH does.
- Stellar Lumens-XLM
Stellar Lumens is another crypto that can be included in the list of top crypto companies likely to create fortunes for investors in 2022. Stellar Lumen is an open-source coin released in 2014 by a private company called Stripe. This crypto has been growing rapidly since it was introduced, which means that it will continue soaring until 2022. The XLM coin is trading at 0.22 dollars per unit.
EOS is yet another top company likely to create a fortune for its investors in 2022. This crypto was created by Dan Larimer, who also created Steemit and Bitshares. EOS is an open-source coin released in 2017, and it has been growing rapidly since then. The future of this crypto looks promising, which means that it will continue growing until 2022.
EOS is currently trading at the price of 12.34 dollars per unit. This crypto has not risen in value over the last few months because people suspect that EOS is a scam coin since they do not offer any information about themselves. However, this does not stop investors from considering it as an option for investment.
3 Reasons why you should invest in the above cryptocurrencies:
A. The crypto market is growing at a high rate, which means that there are high chances of the above coins growing in terms of their value in the next few years.
B. There has been an increase in demand for cryptocurrencies in countries such as Japan and Russia, which means that they will continue growing steadily until 2022 when it is expected to reach their highest value.
C. These coins are trading at a low price which means that you will get more for your investment if you invest now while the demand continues to soar in the coming years.
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.