TOP 3 cryptocurrencies and a review on them for 2022

1. Bitcoin. The undisputed leader in the world of cryptocurrency. It represents the most secure electronic asset option among all currently existing. Electronic currency has been on the market since 2009, and this year it has reached a peak in its value. According to analysts' forecasts, Bitcoin will continue to grow until the end of this year and break its March record of $ 64,000.

Investors prefer Bitcoin, since its capitalization is ten times greater than that of other currencies in the world - about $ 583 billion. Therefore, the purchase and sale of bitcoin has the highest liquidity, which means it will be profitable regardless of the state of the market. Despite the fact that cryptocurrency as a whole is a very volatile asset, Bitcoin has shown consistent growth over the long term.

2. On the second, together with Ethereum. This coin made the list for obvious reasons. Ethereum strengthened its position in the market throughout 2020, and already in 2021 broke its record in terms of cost by two times - 4.3 thousand dollars. Interest in Ethereum has been fueled today by the launch of Ethereum 2.0, which is scheduled to be completed by the end of this year.

The coin will move to the Proof-Of-Stake algorithm, which will allow the decentralized application to run more smoothly and efficiently. This upgrade cannot but delight users. Ethereum is good because it has been close to Bitcoin for many years. This cryptocurrency provides the greatest investment prospects in the long term. The release of Ethereum 2.0, in addition to the above, implies the elimination of perhaps the only drawback of Ethereum - the high cost of commissions within the network.

3. Litecoin. When the student is superior to the teacher. Litecoin is the younger brother of Bitcoin, based on its protocol. Litecoin differs from its "big brother" in ease of use and 4 times speed. The speed of sending and receiving Litecoin payments can be compared to sending a message in instant messengers. Plus, the withdrawal fees are lower than the credit card company. Litecoin does not lag behind in capitalization - today it is more than $ 5 billion, which increases the popularity of this token.

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