CryptoCrypto Investing

Top Gainers Crypto to Profit in 2022

5 Mins read

It’s hard to believe how revolutionary coins were 12 months ago. Finally, 2021 marked the mainstream adoption of crypto, with Coinbase’s IPO, the ups and downs of Bitcoin and Ether, including the Shiba Inu coin, and the explosion of non-fungible tokens.

Recently, many coins started gaining back their prices like Bitcoin, and many others, including Avalanche and Tether, have become popular due to their innovative changes. Let’s dive into the cryptos, which relished maximum gains in 2022 and still are promising for several next years. 

Why is most in-demand for investors?

As part of the $1.2 trillion bipartisan infrastructure bill, which was signed into law by the president in November, IRS provisions for crypto tax reporting included provisions that may make tracking the crypto activity of Americans easier. For this reason, experts say investors need to keep track of any capital gains or losses on their cryptocurrency assets before the new legislation takes effect. 

Furthermore, investors may report crypto transactions more easily under the new rules. As a result, most experts generally regard regulating the industry as beneficial. Ben Weiss is the CEO and co-founder of CoinFlip, a buying platform and ATM network for holders who believe that sensible regulation benefits everyone. People are more likely to trust crypto, but I think we need to take our time with it and make sure we get it right.” 

Best gainer cryptocurrency projects in 2022

Following are the best crypto gainers projects available to buy in 2022.

Avalanche (AVAX)

Avalanche price chart (1 year)
Avalanche price chart (1 year)

By market capitalization, Avalanche is the number one cryptocurrency we are most excited about this year as it has the potential to triple in value this year (AVAX 5.67%).

The Avalanche blockchain is an intelligent contract-driven network with unprecedented speed and stability, making it a natural choice for creating decentralized applications. Smart contracts are protocols that facilitate, verify, and enforce contract negotiation between two parties by verifying, nurturing, and enforcing their behavior.

As part of its blockchain, Avalanche uses the Ethereum Virtual Machine. The Avalanche blockchain is superior to Ethereum’s blockchain, so dApp developers have the option to avoid the costly processing lags, high fees, and congestion associated with Ethereum’s blockchain. In 2022, Avalanche will be able to offer this significant selling point.

What are the perspectives of the AVAX project?

In addition to leaving the Avalanche coin mark on the web, it is also active within the community. They will likely be able to attain a $230 price level in the future if they gain a significant market cap, volume, and focus on education, outreach, and innovations. In terms of Avalanche crypto prices for the year, the expected minimum is $210, and the expected highest is $270.

Ethereum (ETH)

Ethereum price chart (1 year)
Ethereum price chart (1 year)

Ethereum, also known as ether, has overtaken Bitcoin as the world’s second-largest cryptocurrency in recent weeks. Recently, Ethereum has outperformed bitcoin in terms of price gains, according to CoinTelegraph. With Ethereum’s major upgrade last year, ether coins were reduced from 119.88 billion to 119.66 billion. 

Bitcoin has a limited supply of 21 million coins, while Ethereum has a broader acceptance by corporations and governments. However, Ethereum is not just a store of value like bitcoin. It is also a platform on which you can build apps. In addition, Ethereum is the foundation of decentralized finance, and it allows the issuance of other coins.

What are the perspectives of the ETH project?

According to market analyst estimates, the average price of Ethereum is likely to reach about $3,200 by early 2025. Based on Ethereum 2.0 introduction, it is forecast that the price could reach $5,800 by the year’s end. Investing in Ethereum for the short term will result in 81% growth. Additionally, the upgrade will increase the Ethereum network’s capacity, improve its scalability, and reduce transaction fees, attracting more investors in the future.

Cardano (ADA)

Cardano price chart
Cardano price chart

It was somewhat later to arrive on the crypto scene, but Cardano is notable for its early acceptance of proof-of-stake validity. This method speeds up transaction times, and energy consumption and environmental impact decreased by eliminating the competitive, problem-solving element of transaction verification that applies to platforms such as Bitcoin. A smart contract can also work with ADA, Cardano’s native coin, just like Ethereum’s decentralized applications.

What are the perspectives of the ADA project?

According to Longforecast’s price forecast, Cardano’s average price by the end of 2025 will be $2.94, with a minimum price of $2.38. Therefore, it is estimated to be around $2.707 by 2025. Cardano’s ADA token has grown relatively slowly due to its problem-solving nature compared to other major crypto coins. Due to this, investors are looking to invest in this crypto coin. 

Algorand (ALGO)

Algorand price chart
Algorand price chart

A blockchain platform called ALGO, founded by Silvio Micali has positioned itself as a competitive alternative to Ethereum. 

Securities.io notes that hundreds of companies use Algorand, and El Salvador announced last year that it wanted to use it to create its blockchain infrastructure. Blockworks reported that Borderless Capital had launched a $500 million fund to invest in decentralized applications based on Algorand’s digital assets. The Marshall Islands’ central bank also uses Algorand in Sovereign’s digital currency (SOV).

The main advantage of ALGO is its “proof-of-stake” algorithm, which ensures a high level of security, is scalable and consumes less energy than Bitcoin. However, as many of them face more criticism for their high energy consumption and possibly regulation, this feature will become more critical.

What are the perspectives of the ALGO project?

With the PoS mechanism in place, Algorand will continue to increase in the years to come. As a result, Algorand has a promising price horizon. According to our Algorand price forecast, ALGO prices will rise over the long term, and if ALGO trades in the green during this timeframe, the price could reach $3.8 by the end of 2025.

Stellar (XLM)

Stellar price chart
Stellar price chart

The coin-based networks aren’t viral in the crypto industry, aside from Bitcoin. Stellar (XLM 0.11%), the market value of which is the 27th highest among digital currencies, is the one that qualifies.

In this example, you hold dollars in your pocket, and you want to send a payment to a friend or family member in the UK. Under today’s existing infrastructure, this transaction would take up to one week to process.

What are the perspectives of the XLM project?

Based on our price prediction for 2025, it is likely that the coin will hit a high of $0.73. Based on our projections, the XLM price may be trading around $0.84 by 2025. Stellar has historically been able to land significant partnerships, so crypto investors should be aware of the project. 

Final thoughts 

There are many possibilities as to what value cryptocurrencies will have for investors in the coming months and years. Still, the reality is that they remain a new and speculative investment with a bit of history on which to base predictions. There is no way to know what an expert knows, no matter what they say. Because of this, it’s crucial only to invest what you can afford to lose and to stick to traditional investments for building wealth over the long term. 

Always invest small amounts in crypto and do not prioritize crypto investments over other financial goals like saving for retirement and paying off debt.

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