Logo
Cardano Ecosystem

Coingape

12/04/2022

·

146 views


7 Best Cryptocurrencies To Invest In December 2022 – Here’s Trending List

Cryptocurrencies To Invest In December 2022: Before investing in Crypto one needs to know the right coin to invest in, as this can reap big rewards.  Entering the crypto space can be very overwhelming at times as the coins...

7 Best Cryptocurrencies To Invest In December 2022 – Here’s Trending List

Cryptocurrencies To Invest In December 2022: Before investing in Crypto one needs to know the right coin to invest in, as this can reap big rewards. 

Entering the crypto space can be very overwhelming at times as the coins keep on going up and down. With the development of technology and different applications, it can seem to be more challenging. There is a wide variety of choices in the market, which makes a person indecisive, and making the wrong decision can be very risky. 

Here is the list of the top 7 cryptocurrencies to consider before investing this December. 

1. Uniswap (UNI)

Uniswap is in that phase when it’s making continuous improvements. It will be launching Optimism, now in the Alpha stage, which means it’s still getting tested and will take some time before getting available for everyone. Optimism will come with lots of benefits like quick and cheap transactions, scaling, and being able to pay gas fees in any token. Thus, making it a perfect time to invest in the coin. Investors can expect good returns in the near future when Optimism merges with Uniswap. 

However, there have been controversies surrounding Uniswap regarding its governance and the process of voting. 

Source: coinmarketcap

2. Ethereum (ETH)

Launched in 2015, Ethereum is a decentralized platform, which means it’s not governed by a single individual or entity. It is also one of the most popular cryptocurrencies after Bitcoin. Ethereum has always been performing well since the time it was created, making it a good platform for investing. 

Source: coinmarketcap

Also Read: Cryptocurrency Price Today 25 Nov: Bitcoin, Ethereum Price Drop, XRP And Huboi Token Rises By 4%

3. Bitcoin (BTC)

Created in 2009, Bitcoin is the first token to work on a decentralized platform. It has been performing extremely well till date and has a market cap of approximately $318 billion. Bitcoin is one of the most popular cryptocurrency. It is always a right platform to invest in. 

Source: coinmarketcap

4. Compound (COMP)

Compound is a crypto lending platform that is booming in the De-Fi market. It has been showing commendable growth recently and its idea of getting institutional investors can boom it. Recently launched Cim[pound Treasury offers a 4% fixed interest rate per year to people investing in US dollars. This policy will grab the massive interest of institutions, taking it up in the crypto-lending market.

AAVE is giving tough competition to COMP despite differences in offer policy. 

Source: coinmarketcap

5. Polygon (MATIC)

Polygon is a layer 2 blockchain technology that runs on Ethereum. With its recent acquisition of crypto company Hermez, the transactions are going to be faster. The merger of two blockchains is expected to give quality results. It has been performing really well in the past two years and has made its mark in the Crypto verse. 

The point to keep in mind is any kind of impact on Ethereum will directly affect Polygon. 

Source: coinmarketcap

6. Ripple (XRP)

If Ripple wins the lawsuit against SEC, which is likely, the price of ripple is going to jump. Ripple is a global money transfer platform that mostly works with large financial institutions to help them work together more efficiently without the need for banks. It was ranked as the third-largest cryptocurrency for a very long time. 

Ripple is trading at a high value, making it worth investing in.

7. Cardano (ADA)

Cardano is a proof-of-stake blockchain platform: the first to be based on peer-reviewed research and developed using evidence-based methods. It combines pioneering technologies that deliver unparalleled security and sustainability to decentralized applications, systems and companies. 

Traders have been buying ADA tokens out of anticipation, which will lead to rise of Cardano. Thus, 2022 can turn out to be a great year for the token.

Make your wealth this December by investing in these coins. 

Shourya is a crypto fanatic who has developed interest in Business Journalism in the past few years. Currently, working as a writer with Coingape, Shourya is also an avid reader. Apart from writing, you can find her attending poetry shows, exploring cafes and watching cricket. As she says, "dogs are my home," her first rescue of a dog was at the age of 7! She has constantly been speaking up for mental health and the rainbow pride.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

AD

World’s First Multi-Token ISPO — By Genius X - Starts on 12th of September, epoch 363!

Genius X, a revolutionary launchpad and business accelerator helping Web3 startups attain speed, scale, and edge, is thrilled to announce the world’s first Multi-Token ISPO.I WANT TO KNOW MORE!


Read Original Article on Coingape

ORIGINAL SOURCE

https://coingape.com/7-best-cryptocurren...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


NotifyLog - One stop tool for events tracking and analytics

More from Coingape

See more
Cardano's New Algorithmic Stablecoin DJED Faces Same Fate As Terra Luna's UST?
Coingape
Cardano's New Algorithmic Stablecoin DJED Faces Same Fate As Terra Luna's UST?

last Tuesday at 5:31 PM

·

11 views

Related News

See more
WingRiders Governance Token

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)
NotifyLog - One stop tool for events tracking and analyticsWorld’s First Multi-Token ISPO — By Genius X