Bullish Run 2022: Top 5 Cryptocurrencies to Buy
This article presents the top five promising cryptocurrencies to buy before getting on the bullish run in 2022.
With the integration of blockchain technology, the highly volatile cryptocurrency market is growing tremendously throughout the global financial world.
The top cryptocurrencies are still holding on to their positions.
Since the worldwide cryptocurrency market is expected to hit US $1.8 billion in 2027, at a 10% CAGR (compound annual growth rate), some propitious cryptocurrencies are ready to shoot a bull market soon. Crypto investors should understand the term "bullish run" as they manage digital currencies to drive significant profit in wallets. So, let's find out some of the top cryptocurrencies to invest in before they get on the bullish run in 2022.
What does the term “bullish run” mean for cryptocurrencies?
A crypto bull run or bullish run is the term used when the prices of any crypto asset are stable and consistently rising. This is when crypto investors express a great interest in a digital currency or asset and call it a peak time for the consecutive long rise for a lengthy period.
Top five cryptocurrencies before hitting a bullish run
Here are some of the top cryptocurrencies that can hit a bullish run by the end of this year.
Ethereum is the second-most popular cryptocurrency in the market. Ethereum blockchain has launched its second version to drive better customer experience in financial transactions, making it a top cryptocurrency to invest in before another bullish run.
Tether is another promising cryptocurrency that provides stability to investors in crypto wallets. This digital currency is supported by the US dollar. It offers a fixed-rate transaction in the highly volatile crypto market. Tether is one of the best cryptocurrencies to buy before it hits the bullish run in 2022.
Cardano is considered to be a formidable competitor to Ethereum. It offers a transaction speed of 257 transactions per second. It was the first cryptocurrency developed through evidence-based methods and founded on peer-reviewed research.
Solana is another promising cryptocurrency that offers a capacity of 65,000 transactions per second, a gigantic jump from Bitcoin’s seven transactions per second and Ethereum’s fifteen transactions per second. It is becoming popular because of its low transaction prices and high speed in the crypto world. Its high usability and incredible functionality make it one of the top cryptocurrencies to invest in before it hits the bull run in the future.
Polkadot is becoming one of the most popular cryptocurrencies on the crypto market as a layer-zero blockchain. The network aims to support 100 parachains, enabling seamless communication among different blockchains. It offers low fees and higher speeds than its competitors, making it the cryptocurrency to invest in before hitting the bullish run.
If you have decided to invest in the cryptocurrency market, it's crucial – as with any investment – to do the maximum research possible before coming to any conclusion.
Author: Wasay Ali
I'm a content writer with adequate SEO knowledge. My hobby is to exercise, read and write. My writing experience currently expands to 2 years and I’ve worked on multiple niches, including finance. My versatility and research skills make me the best at what I do: content & SEO writing. I love writing because it pitches in and helps me learn new things daily.