If you're wondering what's the best crypto to buy and hold, we've put together some analysis to help your research.

Buying and holding cryptocurrency could be a great way to be financially independent and beat inflation. It could also give you total control over your financial portfolio.

Owning crypto that constantly increases in value is every investor's dream. But, the market for crypto is highly volatile and things change so fast that while some cryptos gain over time, the opposite happens to other cryptocurrencies.

But being a keen investor involves making big bets on the future, which consists of investing in cryptos that can stand the test of time.

If that's your goal, there are cryptocurrencies you can buy now which are tipped to increase in value in a decade. Here are some experts have predicted could go 'to the moon'.

## [Cardano](https://cardano.org/)

Cardano is the ninth most popular cryptocurrency, with a market cap of about $32 billion. Cardano is an environmentally friendly coin compared to others that require a high amount of energy, electricity, and hardware to mine. Miners update the blockchain using coins they own.

This matters because governments and even crypto enthusiasts and investors scrutinize the effects of Bitcoin mining on the environment. Looking for innovative ways to tackle the impact of crypto mining is becoming crucial and could make the 'cleaner' tokens, like Cardano, a better long-term bet.

## [Solana](https://solana.com/)

Solana's value could increase in the coming years for many reasons. One reason is a new feature released by Solana that investors and enthusiasts are keen on; Solana Pay. Solana Pay supports decentralized P2P payments and aims to support payments with traditional currencies like the US dollar.

That feature gives Solana an edge over other competitors. Solana is the seventh most popular crypto with a market cap of $35 billion. 

## [Ethereum](/coins/eth)

Ethereum is not a new name in the crypto industry; it's the second most popular crypto in the crypto market. The new Ethereum upgrade Eth2 has garnered much interest among investors and enthusiasts due to upgraded security and scalability. This upgrade and the blockchain's role in smart contracts and NFTs could secure rising values for Ethereum in the coming years.

## [Bitcoin](/coins/btc)

Bitcoin is the most popular cryptocurrency; it's a good asset for investors. Generally, Bitcoin is the first choice when investors plan to buy and hold.

As more businesses accept crypto as a means of payment, it increases in popularity. Companies like Microsoft, Tesla, and PayPal have started accepting Bitcoin as a means of payment. It has been a performing asset for more than a decade and as general acceptance and use increase, it could be worth adding to your investment portfolio.

## Final Thought

Crypto is worth investing in; there are thousands of cryptocurrencies in the market, so choosing the right one is essential.



Best Crypto to Buy and Hold? Here Are Some Thoughts 

Ready for some [Chainlink](https://chain.link/) news? Let's start by explaining what it is.

[Chainlink](/coins/link), then, is a decentralised oracle network intended to function as middleware between smart contracts on innovative contracting platforms and external databases, authorizing smart contracts to safely access off-chain data feeds.

## Chainlink History

Developed in September 2017, the Chainlink protocol was officially launched on mainnet in May 2019. The crypto coin strives to solve the oracle problem, an inherent restriction of blockchain networks that controls them from linking to external databases that exist off-chain. 

Chainlink delivers a comprehensive range of decentralised services via a network of autonomous oracle node operators to smart contracts, including:

•	Price Feeds - financial market data used to control a large portion of the DeFi economy, 
•	Verifiable Randomness - allowing the creation of dynamic NFTs and unbiased on-chain gaming applications,
•	Proof of Reserve- supplying proof of off-chain collateral that supports stable coins and cross-chain tokens,
•	Keeper Network- transaction automation bots that deliver independent DevOps services.

The newly published Chainlink 2.0 whitepaper also widens the abilities of Decentralised Oracle Networks (DONs). It explains how the Chainlink network matures to deliver tamper-proof data and secure off-chain computation. Chainlink oracle networks allow the creation of highly scalable and privacy-preserving hybrid smart contracts that connect on-chain and off-chain infrastructure.

The latest scalability upgrade of the Chainlink network, Off-Chain reporting, reduced oracle updates' gas prices by 90%, representing the first move towards attaining the plans mentioned in the whitepaper.

## Chainlink Technology
 
The decentralised oracle network Chainlink allows smart contracts to safely interact with real-world data and services beyond the blockchain networks. Like blockchain, Chainlink is not a monolithic network; rather, it is an infrastructure and framework for creating blockchain-agnostic oracle networks that extend the capacities of blockchains and layer-2 protocols.

Chainlink oracle network comprises multiple autonomous oracle nodes that assemble data from various autonomous data deliverers, aggregate it into a single data point, and supply it on-chain to be consumed by smart contracts. Chainlink's adaptable architecture allows for highly configurable oracle networks that can be composed of any preference of data providers and node operators that use distinct network parameters such as update frequency, fee payment amounts, and more.

Chainlink nodes are used by experienced DevOps infrastructure providers, top-notch companies, and professional data providers who deliver smart contracts with access to cryptographically signed data for further security assurances. Because of its adaptable infrastructure, Chainlink can deliver any data or computation to any smart contract application functioning on any blockchain network.

## Chainlink News

Chainlink (LINK) is currently selling at $15.38 in its USD rate. LINK has a complete market cap of $7,181,227,454 with the 24-hour bartering volume of $423,830,966.00. This data makes Chainlink (LINK) rank 23 in the crypto coin market.

In 2022 forecasts, the LINK price is predicted to cross an average price level of $20.58. Chainlink's anticipated minimum price value by the end of the present year should be $19.99. Moreover, LINK can attain the highest price level of $22.56.
 



Chainlink News, History, and Technology

This week we watched as the [Bitcoin](/coins/btc) price crashed to its lowest level in almost a year, infamously going along with the stock market plunge.

This, however, isn't unexpected and can be attributed to the Federal Reserve's tightening its grip on the overall economy. Last week, Fed Chairman Jerome Powell stated the central bank accepted a half-percentage-point interest rate rise in an attempt to restrain inflation that reached its record heights in the last 40 years.

Constant rising inflation, paired with a heavy growth of the interest rates, creates one of the most significant short-term dangers for the American economy. The Fed also cautioned that the Russia-Ukraine conflict could represent a dangerous threat to the country's financial stability.

The central bank said that more 'adverse surprises' in interest rates and inflation could affect the financial system negatively, especially if they are accompanied by economic activity declining.

The rest of the algorithm is pretty clear - as the Fed raises rates, the U.S. Dollar Index became the strongest in the last 20 years.

The Crypto community is not happy with the Fed's supremacy over the digital currency markets. Bitcoin's price crashed by 17% in April - the worst monthly performance this year. The biggest cryptocurrency by its market cap completed six consecutive red weekly candles, a phenomenon that hasn't happened since 2014.

However, solace of a kind is found in the fact that crypto prices are following equities, especially tech stocks. This means that the fall isn't the direct result of investors not believing in crypto. Still, it shows that Bitcoin is still not considered a hedge against inflation.

## Fears of Crypto Winter

Analysts argue about what could happen next. Some are afraid of repeating the crypto winter 2018, while others claim the crypto sector is in a better condition now than it was four years ago.

Still, the geopolitical situation is far from ideal. Last year was marked by a COVID pandemic that boosted virtual finance and resulted in altcoins jumping more than 5,000%. This year, we are witnessing an exodus from the crypto market.

At the time of writing, Bitcoin was trading at more than 40% lower than its all-time high. It won't be easy to HODL and many will be tempted to sell. 

However, to sell a loss, you're limiting yourself from profiting.

The Fed may be a big deal, but it isn't the only regulator of the digital currency market. The whole sector is still in diapers and we're still waiting for it to be regulated.

## Crypto Not Losing Its Grip

Be that as it may, we doubt the crypto market will lose its grip. However, some investors may reallocate from Bitcoin or gold to the dollar in the short term. Still, it is believed that Bitcoin will still be guided mainly by basic factors, such as an increase in users and network usage.

On the other hand, Bitcoin bulls will most probably take advantage of the Fed's move and, almost regardless of price, buy the dip.



 Bitcoin Price Crash After Fed Raises Rates

If you want to know the best cryptocurrency to invest in, should you really ask a celebrity?

The popularity of cryptocurrencies has seen many celebrities embrace them. Some celebrities choose only to promote the coins, while others have taken the bold step of investing in the coins.

Matt Damon, Reese Witherspoon, and Kim Kardashian are a few celebrities promoting different cryptocurrencies. Floyd Mayweather, Kanye West, and Paris Hilton are some celebrities who have already invested in various cryptocurrencies.

## Celebrities in the Crypto Market

Celebrities, like everyone, are allowed to invest in whichever asset they wish. However, their involvement in the crypto space has solicited different reactions from different people.

Some people believe celebrities’ involvement in the crypto market is good. They can help grow the market by influencing people to join it. 

Other people look at celebrities in the crypto space as bad, especially those only promoting the coins and not investing in them.

Using their popularity and influence, celebs and social media influencers can easily mislead their fans into investing in the wrong cryptocurrency.

For example, [according to a lawsuit filed in California](https://www.cbsnews.com/news/cryptocurrency-kim-kardashian-celebrity-pump-dump-lawsuit/#:~:text=Celebrities%20Kim%20Kardashian%2C%20former%20NBA%20star%20Paul%20Pierce,for%20themselves%2C%20a%20lawsuit%20filed%20in%20California%20alleges.), Kim Kardashian, Floyd Mayweather, and former NBA star Paul Piece are celebrities accused of using their fame to promote a little-known cryptocurrency called EthereumMax as part of a large scheme to defraud investors while profiting.

## Celebrities Influencing Crypto Investment

Elon Musk is known for influencing the crypto market with a single tweet. He is best known for influencing the price movements of [Dogecoin](/coins/doge) and [Bitcoin](/coins/btc).

He tweeted on February 4, 2021: "Dogecoin is the people's crypto". The tweet increased Dogecoin's price by 10% within an hour and 50% within a day.

On April 28, 2021, Elon tweeted: "The Dogefather." The tweet, alongside the endorsement of billionaire investor Mark Cuban, increased Dogecoin prices by 30%.

In the case of Bitcoin, in March 2021, Elon tweeted: "You can now buy a Tesla with Bitcoin". The tweet enabled Bitcoin to reach nearly $65,000 within a month. In June 2021, Elon tweeted that he had fallen out of love with Bitcoin. The tweet sent Bitcoin price plummeting by 4%.

Even in 2022, Elon Musk's tweets continue to affect the crypto market. Because of his influence, many people await his tweets to make crypto investment moves.

Gwyneth Paltrow, Paris Hilton, Mike Tyson, and Tom Brady are other celebrities who have tweeted promoting various cryptocurrencies.

## Fake Celebrity Endorsement

Scammers have also taken advantage of the increase of celebrities in the crypto market. Some scammers use celebrity images and names to promote fake coins to unsuspecting people.

Before clicking on that pop-up ad, it's always best to do further research to know if the celebrity on the ad promotes the cryptocurrency or crypto platform.

Facebook is currently in trouble for allowing fake celebrity endorsement posts using pictures of TV stars to promote crypto scams. A lawsuit against Meta, Facebook's parent company, claims the company was aware of the fake ads but didn't take any action.

## Conclusion

Celebrity involvement in the crypto space has its pros and cons. However, a celebrity endorsement of a particular cryptocurrency should never be why you invest in the coin. The best cryptocurrency for you to choose to invest in is one you've researched and are confident about.
 
 
 
 
 



Best Cryptocurrency to Invest In?

It is time to take a serious look at Fantom crypto.

Since the inception of blockchain technology, we have seen many players come and go. We have also seen some new platforms come and make a name for themselves as the go-to blockchain service for many businesses, developers, organisations, governments, users, and, ultimately, projects alike.

These were platforms that started small and then blew up because the market loved what they had to offer.

Naturally, the uses and applications of a blockchain can either be limited or innumerable. However, as we all know, it is a numbers game, and Fantom has proven to us why its deserves its seat at the table.

Casually, anyone can mention that the most popular blockchains right now are [Ethereum](/coins/eth), Solana, and Polygon - assuming this was early 2021.

That changed later in '21 when the crypto market gave rise to the price of the Fantom token, aka FTM, sending it to as high as almost $2!

One may say $2 per token is such a small amount, but, in reality, it says that this asset has every right to say "to the moon". This is especially so since its three billion tokens in circulation are just about six times more than the 510 million Solana tokens in circulation.

If you draw a table and compare both blockchains and their tokens, you may find very little to disqualify Fantom.

The question now becomes: What is Fantom and why is their token so valuable at such an early stage?

FTM is valuable because Fantom is a web3 playground. Anyone who understands web3 knows that it is an entire ecosystem of decentralized exchanges, Defi, NFTs, the metaverse, cross-chain bridges, tools, lending and financing, and, most importantly, wallets. The fascinating thing here is that Fantom is supported on popular platforms you may know.

## Let’s take a look at a few of them:

•	DEXs: [Sushiswap](https://app.sushi.com/swap), CurveFi
•	Bridges: Everbridge, Multichain
•	Lending & financing: Alpaca finance, Tarot
•	NFTs: Paintswap, NFTKEY
•	Tools: 0x, Nansen
•	Wallets: Metamask, Coinbase

Consequently, the reward for involvement and participation in the web3 space is massive adoption. Building for web3, building inclusive products, and building an inclusive ecosystem are something the most successful blockchains right now all have in common. They understand that the needs of the people come first, and the only way to gain relevance that lasts is to build infrastructure that allows others to function efficiently and scale.

This is what makes FTM such a sought-after token by crypto HODLers and traders worldwide. Not just because its blockchain makes transactions super fast, but mostly because it makes DeFi seamlessly easy to use. This is due to their highly efficient smart contracts that have been integrated with platforms like Chainlink, Band Protocol, and Covalent, to mention a few.

What makes Fantom such a typical web3 playground is in its nature; the very features, integrations, and use cases that are visible with robust players like Ethereum and Solana, are also clearly identifiable in Fantom.

It is little wonder that the FTM coin has seen massive adoption in recent months, with many speculating that it may reach and probably surpass the $4 mark by the end of 2022.
 



Fantom Crypto is Becoming a Web3 Playground

Bitcoin saw more than 19 million coins of the 21 million maximum supply in circulation at the beginning of April 2022. This has made it easy for miners to answer the question, 'how many [Bitcoins](/coins/btc) are out there to mine?'.

Bitcoin is the most popular digital asset, and the largest by market capitalisation.

## What happened?

On April 1, 2022, SBI Crypto mined the 19th million block, which was termed '730002'. As of writing, BTC's circulating supply was 19,017,800. This milestone has sent waves across the crypto finance market, with many novices or beginner traders asking how many Bitcoins there are. When Satoshi Nakamoto created Bitcoin in 2009, he released a maximum supply of 21 million BTCs.

## Why is it important?

Fewer than 2 million BTCs are left to be mined. This provides closure to investors and miners that want to know how many Bitcoins are there now.

Bitcoin is involved in millions of transactions daily.

Although it would take until the year 2140 before the last BTC is mined, the attribute of scarcity has started trending across social media and search engines (DuckDuckGo, Bing, Yahoo Search, and Google).

Since scarcity is an attribute that confers value on a currency, in addition to durability, non-counterfeitability, utility, divisibility, and transferability, many stakeholders of the crypto finance space have started making bullish forecasts about the digital gold.

Among them is New York-based certified public accountant Kate Waltman, who specialises in crypto and predicted a $100,000 valuation for BTC in 2022.

Jurrien Timmer, the global macro director at [Fidelity Investments](https://www.fidelity.com/go/join-fidelity-investments?imm_pid=700000001009130&immid=100742&imm_eid=ep6546361576&msclkid=689d26d656f11e95ca4344ac6e1e3c35), projects BTC could reach $100,000 in 2022.

Bitcoin could command the least possible price of $100,000 and the best possible price of $150,000 by the close of 2022, per the analysis of Ian Ballina, the founder of Token Metrics (a crypto research and media company).

Blockchain data analyst Matthew Hyland foresees BTC reaching the $100,000 price milestone in 2022.

The chief executive officer of Parallax Digital (digital assets marketing and consulting firm), Robert Breedlove, believes BTC has the potential to reach $12.5 million in 2031.

## Bitcoin’s driving factors that could lead to a rally in 2022

As of writing, there are more than 19,000 cryptos on the market. Since BTC is the first blockchain-backed cryptocurrency, it is not surprising to come across questions such as how many types of Bitcoins are there.

There is one Bitcoin and its price patterns affect other tokens, which are collectively called alternate coins (altcoins).

Although Bitcoin is a primary driver of the price of thousands of coins, these drivers need to kick in for experts' valuations to come to fruition in 2022.

The aura of scarcity will undoubtedly throw more liquidity into Bitcoin. In addition to this, mainstream adoption of Bitcoin will play an invaluable role in the token’s valuation. What’s more, the improvement of Bitcoin’s ecosystem with the triggering of the Taproot upgrade in November 2021 could see more decentralized applications and protocols (dApps) add more weight to the token.

With the clampdown on mining rigs by China and India, Bitcoin will thrive in more mining-friendly countries so that more coins will be added into circulation.

You should not forget that as proof-of-work (POW) networks, Ethereum mining revenue beat Bitcoin in the first quarter of 2022.
Lastly, Bitcoin could reach new milestones if favorable regulations are implemented.

Billions of people still consider BTC as a coin that is involved in dark web activities due to its appearance in several cybersecurity reports.

Once BTC gains the backing of major economies globally, it would be easy for the token to spike and reach new high highs.

As of writing, BTC still trades in a bearish cycle and needs whales/institutional investors to push its price to new milestones.

## Frequently Asked Questions 

### How many Bitcoins are available? 

There are 1,892,200 BTCs left to be mined as of April 21, 2022.

### How many Bitcoins are there in total?

There are 21 million BTCs in maximum supply.

### How many Bitcoins were there in 2010?

The first block was mined on January 9, 2009, and consisted of 50 Bitcoins. By the end of 2010, there were approximately 3,396,000 BTC mined.


How many Bitcoins are there? Just 9% left!

Where did Elongate crypto come from? If you use Twitter often, you will notice that meme coins gained a rise in public attention, which gave rise to more meme coins coming out.

## The cause: Elon Musk and his love for Dogecoin.

The [Tesla](https://www.tesla.com/) and [SpaceX](https://www.spacex.com/) billionaire frequently shared his thoughts, memes, and use cases for [Dogecoin](/coins/doge) and the Shiba Inu coin. This allowed the billionaire to elevate meme coins to more than just internet and crypto jokes, telling the world that they can be used for purchasing really valuable things, like a Tesla.

Now, Elon Musk's service to the crypto and meme coin community inspired a certain Lorenzo Andree to startup the Elongate coin with a group of others, following a tweet the Tesla founder made in March 2021.

The rest, as they say, is history. Elongate has long moved on into being a project with a purpose; aiming to fight world hunger and climate change, which frankly is an incredibly idealistic approach to giving a crypto project relevance, especially when you place it in comparison with the likes of Bonfire [attach link to the Bonfire article here].

Since launching in March of 2021, it has donated more than 60% of its periodic profits to charitable causes, all of which are voted on by the decentralised autonomous community.

Even without much poking into the mode of operations for Elongate, one can tell that the coin has found great use cases. It has slowly become a model figure for successful meme coins in the crypto community.

Powered by the Binance Smart Chain, it makes a profit on its coin by taking a percentage of transactions carried out as fees, using it to reward holders, storing 60% of it, and then voting on what charitable causes get to enjoy the goodwill of crypto people.

This has made individuals who trade the coin feel a sense of attachment, knowing that the cost of doing business with that coin is going into a charitable cause somewhere in the world.

With more than 400,000 holders, even though the coin is worth a fraction of a cent, we see there is tremendous potential.

If you take a look at this prediction by Digitalcoin and place it side by side with the work they are doing plus the way they operate and the blockchain they are built on, you will see that in the nearest decade, it could be one of the most valuable coins around in the crypto market.

While many may be skeptical about its inception, growth, current market value, and future, it is worth noting that nothing is really ever a joke when a purpose is given to it in the crypto space. Citing the initial example of Dogecoins and Tesla's, one can begin to see possibilities in how crypto can not just be a part of our lives outside the internet, but also significantly impact it.


Elongate Crypto: When a Meme's Not a Joke

One of the many interesting cryptocurrencies of 2021 is the [Bonfire](https://www.bonfiretoken.co/?msclkid=21aaad61cf7b11ec9aeae11e9f428941) crypto token which launched in May 2021 and caused a good portion of the trading market to go into a frenzy.

Everyone wanted a piece of the token and, within a week of hitting the market, daily trading volumes were averaging $75 million. It was so successful that all who had their bets on Bonfire were sure that this coin would be the next big thing.

Reality came crashing down a few months into the year when Bonfire burnt through well over 90% of its market value and sent the price of its token plummeting into the depths of the crypto abyss.

Typically, this means all who believe in the token do what they can to bring it back to life and campaign for its growth and rise back to fame. That wasn't the case; everyone moved on and now daily trading volumes barely make it past $500,000.

## The Coin

The question then became what went wrong?

The red flags were there, but many were much more concerned with the brand purpose of Bonfire. It is a bit irresistible not to invest in a project that claims they are on a mission to educate people about the gospel of blockchain technology. This is especially the case when the tokens are numbered one quadrillion!

While this looks like it's a good thing, it eventually showed that it wasn't because basic economics has it that scarcity or limited availability of a commodity determines its value because a constrained environment will allow demand and supply to work their magic.

The result of not adhering to this principle is why the Bonfire token is worth a fraction of 1 cent today.

## The Myth

There have been many community engagement and marketing tactics employed by different crypto projects, and more will be devised and implemented. However, the approach used by Bonfire is as ingenious as it is interesting: their Reddit group features a set of "chores" newcomers must do. These tasks involve following them on social media handles and doing simple tasks like searching "bonfire" or "bonfire crypto" on search engines and YouTube, thus building a digital reputation by hacking through organic search volume to seem legit.

## The Flame

What really stands out is how easily everyone moved on. Projects rarely see increases of 1,700% in their lifetime, let alone in less than a month after launch. It seemed revolutionary, until it didn't anymore. The large, inferno-like flames of the Bonfire token trading $75 million daily were reduced to mere candle flickers of $500,000.

Despite this, the Bonfire project is still going strong with its claims of advocating for blockchain education to reinforce the value of the token and brand altogether.

Finally, a feature of Bonfire that really is interesting is the decentralised autonomous organization that has voting rights to how the project operates and what directions it should take.

This may be a step in the right direction, but will they bounce back stronger and compete with the likes of [Safemoon](/news/article/safemoon-crypto), charging towards global adoption and fandom? Only time will tell.
 



Bonfire Crypto: The Coin, The Myth, The Flame

[CoinMarketCap](https://coinmarketcap.com/) confirmed that [Safemoon](https://safemoon.com/) crypto is the most popular coin on its platform as of January 2022.

## Why?

The coin had achieved a massive FOMO outbreak that drove its market valuation way through the roof, as high as $2 billion! This can be attributed to several causes. However, most prominent is the social value it has gained, with widespread backing by an audience similar to that of [Dogecoin.](/coins/doge)

Think of Elon Musk fanboys and the gaming community, then add a newly exposed Chinese audience to that mix. What you get is a very powerful market force responsible for driving up the market value of Safemoon, by more than 8,000% in one month!

Being built on the Binance Smart Chain may have been the edge Safemoon needed to gain virality, especially for a Proof of Assignment (PoA) coin. PoA is a cryptographic consensus algorithm which used to confirm agreement on a decentralized and distributed network. 

Naturally, this is considered a merit for the Safemoon coin and its market price. Here's why: when a transaction is carried out using Safemoon, the 5% fee is split into two, with one half going back into the funding pools and the other going into the Binance Smart Chain to liquidate the trading pairs between Safemoon and BNB.

What this means is that Safemoon has a solid liquidity pool, and if you compare the current market value of Safemoon coins and tokens distributed side by side with Bitcoin, you will see that the token burn rate is steady enough for token holders to see the value of their Safemoon coins rise, in the long term.

## So what makes Safemoon different?

Since the coin launched in early 2021, the events that unfolded until the later months of that year ascribed its features to that of a meme coin, like Dogecoin. That was a significant threat (or opportunity) to the advancement and value of the Safemoon as a whole. This was greatly reflected in its price at that time. However, after they announced in a presentation to The Republic of Gambia that they wished to provide "technology for innovation and learning purposes", followed by an announcement of their venture into macro wallets, the internet of things, and the development of their own blockchain, it is pretty evident that the purpose of the Safemoon coin has evolved and may just be rocketing towards the moon.

Investing in the coin is a decision of personal choice, depending on whether or not you believe in the coin's purpose. However, there are risks to consider, as is always with crypto:

•	Safemoon has a high volatility
•	While it has a sufficient liquidity pool, volatility can render that insufficient at specific points in time
•	It is still ranked 108th out of all crypto in the world and an anonymous team runs it.

Finally, if you wish to try your hands on leveraged trading or you wish to acquire and hold some Safemoon for yourself, you can do that from many platforms.



Safemoon Crypto: To Meme or Not to Meme?

Taxes are an important part of realising profit while trading cryptocurrencies and considering your British [Bitcoin](/coins/btc) profit. It is crucial to be on the right side of the law and pay what you owe to the government.

The UK does not have a specific tax for bitcoin or cryptocurrencies; instead, it falls into the categories of Capital Gains Tax and Income Tax. We will explain the main differences between the two to help you understand into which of the two you fall.

Capital Gains Tax is implemented when doing the following with cryptocurrencies; selling crypto, trading crypto, spending crypto, and/or gifting crypto. You don't pay tax on all proceeds, or if one of these actions results in a loss, you only have to pay on crypto gains or, in other words, when you've made a profit.

You don't pay tax if you gift crypto to a spouse or civil partner.

It would be best to consider what tax bracket you fall into when calculating your gains. Unlike other countries, the UK taxes all capital gains and is taxed under the same rates and based on how much you earn annually. 

## The following are from the 2020-2021 tax year:

•	if the amount earned is more than £50,279, you are charged 20%

•	if the amount earned is below £50,270, you pay 10%

It's worth noting that if your crypto gains are less than £12,300 for the year, you do not need to pay any tax.
To calculate Capital Gains Tax, you need to work out your cost basis. To do this, you need to find out the Great British pound (GBP) price at which you bought plus any transaction fees. Once you have this figure, it is pretty straightforward. Capital gain is the difference between the price at which you purchased and the price at which you disposed of the asset. For example, if you buy Bitcoin worth £3,000 at the time of purchase and decide to sell it a month later for £3,300, your capital gain would be £300. It is important to keep track of your losses too, as recording them with [HMRC](https://www.gov.uk/government/organisations/hm-revenue-customs) can offset against your gains, reducing the total amount you owe in taxes.

### The following actions are excluded from paying tax in the UK:

•	buying crypto with GBP

•	holding crypto

•	transferring between wallets

•	donating crypto to charity

Lost crypto is also not considered to be disposed of. For example, if you lose your private key and prove that you cannot regain access, you can submit a negligible value claim. If your application is successful, you may be able to claim that as a capital loss, reducing your taxes.

So, we've discussed Capital Gains Tax, but what is Income Tax? Crypto is taxed as income when a person gets paid in crypto, acquires staking rewards, mines tokens, or receives airdrops. HMRC has yet to decide what decentralized finance (DeFi) protocols are considered income. Examples of unclear but most likely income-taxed protocols include; referral rewards, learn to earn, watch to earn, play to earn, and shop to earn.

### Lastly, let's look at the Income Tax brackets for crypto:

•	up to £12,570 = 0% tax

•	£12,571 - £50,270 = 20%

•	£50,271 - £150,00 = 40%

•	any amount over £150,000 = 45%

Hopefully, this maximizes your British bitcoin profit!


British Bitcoin Profit: Paying Your Taxes

Are you looking for the Solana price? The UK market views can be informative.

The term 'solana price uk' is a hot phrase on Google, and here's why.

The [Solana](https://solana.com/) price (UK and elsewhere) has performed exceptionally well since its inception in 2019. However, that doesn't imply you should get in and invest right away.

Instead, think about the potential rewards as well as the risks before investing any money.

## A Little Knowledge on Solana

Solana was created in 2019 to address the shortcomings of traditional blockchains such as [Ethereum](/coins/eth). This means providing network users with a blockchain ledger that is faster, cheaper, and more scalable.

For example, even though Ethereum is the world's second-largest cryptocurrency and the de-facto smart contract system of choice, it can only handle 15 transactions per second. This is just too inefficient to be used as a worldwide blockchain network. On the other hand, Solana is said to be capable of processing over 65,000 transactions per second.

Another reason for Solana's popularity is that the blockchain network can process transactions in as little as 2-3 seconds, compared to the 13-15 seconds for Ethereum. Furthermore, although Ethereum transactions are notorious for having high costs when the network is busy, Solana transactions are lower cost.

Based on these performance-driven measures, many market observers predict that Solana will one day overtake Ethereum in terms of market valuation and global acceptance. Solana, like Ethereum, has its own native cryptocurrency token, SOL, which trades on exchanges.

### So why is 'solana price uk' such a popular search term?

Interest in Solana grows, despite its volatility. However, many crypto traders are sceptical about Solana's winning streak and are hesitant to buy it. Below are some of Solana's advantages and disadvantages to help investors decide whether Solana is a suitable investment for 2022 or not.

## Disadvantages 

1.	Unstable network: The investor community in Solana is still in its infancy. Investors may be hesitant to choose SOL over Ethereum because it is less well known. When the Solana Foundation confirmed its network was experiencing instability, the crypto's reputation took a knock. Because crypto investors value trust, this flaw sets SOL apart from its competitors.

2.	Inflation: Cryptocurrencies rose in popularity in 2020 for various reasons, one of which was to use them as a hedge against inflation. Most cryptocurrencies have a fixed limit on the number of coins that will ever exist. However, Solana does not have a consistent supply of currency. The designers started boosting the annual supply of SOL tokens by 8%, which means that the inflation rate will reduce by 15% until it reaches 1.5 percent, which will stop decreasing.

3.	Solana isn't decentralized enough: While some crypto enthusiasts claim there aren't many drawbacks to investing in SOL, this cryptocurrency element is widely regarded as its most significant drawback. The ETH network currently has approximately 200,000 validators, while the Solana network has only 1,000 validators. The more validators there are, the more secure the network becomes.

## Advantages

1.	Solana has the third-largest features market: Solana has the third-largest open interest in futures contracts, the most crucial measure in derivatives contracts. Regardless of its current trading capacity, the aggregate derives the total number of contacts stored on its network by market players. Open futures interest has maintained its previous levels despite a steep drop in price in early November.

2.	NFTs and Smart Contract: Over the last year, the NFT industry has exploded. Non-fungible tokens became a high-growth industry prospect, with massive sales sponsored by renowned digital artists. Solana went into the market to share the NFT alternative, taking advantage of the growing sector.

3.	There's a solid institutional attraction for Solana's ecosystem: The market capitalization of Solana is more than quadruple that of Avalanche and Terra. The last year has shown strong signs of SOL's rising investor community, and with increased investor adoption comes increased institutional adoption.

SOL's suitability for your investment is determined by your risk tolerance, asset diversification, and the amount of money you wish to invest. It's crucial to conduct research before investing in highly volatile assets like cryptocurrencies to see if they're a good fit for your portfolio.


Solana Price: UK Market View on SOL

Like many, you are looking for the best crypto to invest in during this year. Here's a few coins to watch.

Thousands of different cryptocurrencies are available today. Many investors choose to invest in cryptocurrency because they know that they will be able to make money from it in the future. However, investments like this come with several risks that must be considered before making any investment decision.

You can find different ways to invest in cryptocurrency without taking on too much risk. One such method is learning about the risks associated with investing in cryptocurrency before making your final decision. Informed decisions help reduce the risk of losing money due to poor investments.

## [Bitcoin](/coins/btc)

Bitcoin remains the most popular and most valued cryptocurrency in the world today. This is the first one to be created, and it still beats the rest of them by market cap. This digital currency's price has skyrocketed in recent months and years, but it remains to be seen if this trend will continue. In any case, it's safe to say that Bitcoin will be a significant player in the cryptocurrency space for years to come.

Despite the price fluctuation, Bitcoin's popularity has increased due to its recent rise in price. This is one of the crypto coins that will likely continue to grow in 2022. Bitcoin is far from obsolete and it has a long way to go before losing its value completely.

## [Ethereum (ETH)](/coins/eth)

Ethereum is another cryptocurrency-related platform like Bitcoin, but with more possibilities than just being a currency. The blockchain technology used here allows developers to create decentralised applications. This significantly reduces any fraud possibilities and other risks involved with central servers. Like Bitcoin, Ethereum uses blockchain technology, allowing transactions to be safely and securely verified on a public ledger. But Ethereum also has some unique features — most notably, smart contracts and decentralized applications. This makes Ethereum a versatile platform that could provide significant benefits over traditional applications in the future.

## [Litecoin (LTC) ](/coins/ltc)

Litecoin was founded in 2011 as a fork of Bitcoin by Charlie Lee, a former Google employee.

Litecoin has been around since 2011. While it might not have the same "coolness" factor as Bitcoin or Ethereum, it still holds its own when it comes to usability and accessibility.

Litecoin uses the same algorithms as Bitcoin but optimizes them for faster transactions and cheaper fees, making it more accessible for micropayments and everyday purchases than its predecessor.

Litecoin also has a larger supply than Bitcoin (84 million versus 21 million).

For starters, Litecoin has more coins available than both of these other cryptocurrencies — 84 million compared to 21 million for each of them.

## [Tron (TRX) ](https://tron.network/)

Tron was released back in 2017 by Justin Sun using an ERC20 token on the Ethereum Network before it migrated over to its own blockchain in 2018. Tron is based on a decentralized platform that aims to make content sharing easier for everyone worldwide using distributed storage technology.

What is good about this project is that Justin Sun is focused on achieving his goal by building a strong community and adding more promising features and products

## Binance Coin 

Binance Coin (BNB) is well known as the official coin of Binance, where you can use it on the exchange and trade it against other cryptocurrencies. Its platform has become one of the most popular crypto exchanges on the planet and has attracted many active users. Its platform has become one of the most popular trading platforms globally, thanks to the success of BNB. The BNB coin is available in a variety of trading pairs and also functions as a governance token where holders can vote on new listing proposals. Binance is one of the most successful ICOs ever made, with a current market cap of $2.2 billion! That's pretty impressive!

## Conclusion

Now that you know how to make money in cryptocurrency, you might be wondering which crypto coins are worth investing in. With thousands of cryptocurrencies available today, it's challenging to determine which ones will grow in the future.



What is the Best Crypto to Invest in?

Aside from being a famous chef, the world has heard Gordon Ramsay Bitcoin views in recent years.
There have also been numerous ads claiming he has made vast sums of money from investing in Bitcoin.

Crypto enthusiasts and investors are curious about Gordon Ramsay and questions like; does he own a Bitcoin, has he invested in Bitcoin, and is he a crypto trader?

## Who is Gordon Ramsay?

Gordon Ramsay is a well-known celebrity chef. However, he might have a keen interest in Bitcoin or crypto.
Through his work as a chef, he has a popular restaurant group, founded in 1997. His fame as a chef began in 1999, and today he's known as one of the most influential chefs in the world.

Aside from being a chef, he's a well-known, established businessman who has made many intelligent investments over the years. In addition, he has acted as a brand ambassador for a variety of businesses.

## Does Gordon Ramsay Use Bitcoin?

For him, being one of the few celebrities who discuss crypto publicly, people have asked questions about his involvement in Bitcoin. One is; does Gordon Ramsay use Bitcoin?

Over time, as that particular question gets asked, there has been speculation that he does own Bitcoin. Although this might be entirely true, he hasn't said publicly that he does.

Some publications have even reported that claims that Ramsay is making millions of dollars through Bitcoin are fake. Gordon himself has said that he has never traded Bitcoin or made money from Bitcoin trade or investments.

## Did He Invest In Bitcoin?

Although the celebrated chef has been linked to numerous crypto trading systems, he has never endorsed them. Moreover, there isn't any proof that the businessman has made any crypto investments. 

There have been instances of crypto trading companies using his name and photo to promote their businesses. They even go as far as using his pictures and fake testimonials of him to promote their business. They claimed that the chef had recommended the trading system to investors, enthusiasts, and potential customers.

## Is He Part of the Bitcoin Revolution Platform

It was claimed that he had invested in the Bitcoin Revolution Platform, a platform for trading cryptocurrency. It performs data-driven trades for customers; it's an automated trading platform.

However, the chef and businessman has denied any involvement with the platform. Even after an investigation by various media outlets, there wasn't any proof that he was involved in the investment.

Although Gordon Ramsay has a variety of investments and is a well-known businessperson, there is no evidence he has ever invested in Bitcoin. Although he may be knowledgeable about cryptocurrency, he hasn't made an official statement about his involvement in cryptocurrency, even though he might talk about it from time to time.


The Gordon Ramsay Bitcoin Question

Here's where we take a look at ADA news, crypto markets and how Cardano is doing.

Bitcoin has been in a significant uptrend for several months, but other cryptocurrencies are starting to catch up.

Cardano, for example, has seen a 5% price increase in the past 24 hours as ADA reaches $1.50 for the first time since 2018 and continues its bullish momentum.
The number of Cardano wallets has hit an all-time high.

Data from Glassnode shows that there are now more than 1.3 million active retail wallets on Cardano's network, the highest number ever recorded.
This is a significant milestone because it exceeds the previous record of 1.2 million sets at the peak of the 2017 bull cycle.

## ADA News Crypto: Number of active wallets

Also, [Cardano (ADA)](/news/article/ada-coin-price-prediction) reached a new all-time high in terms of the number of active wallets at the end of March. The retail interest in Cardano increased on the back of ADA’s price rally, which pushed above $1.30 for the first time.

According to data from IntotheBlock, ADA had as many as 315,000 active retail wallets at the end of March. This is a new all-time high for Cardano and represents a 15% increase over February.
The number of active retail wallets for ADA has been steadily growing since January 2021, which coincides with Cardano’s massive price rally and increased adoption by institutions.

On the institutional side, Grayscale added over 690,000 ADA to its asset base in March alone. This takes Grayscale’s ADA holdings to 2 million tokens or close to $3 billion.
The firm now holds over 2% of all outstanding ADA tokens, according to data from IntoTheBlock.

Cardano’s price also neared its record high after rallying to $1.30 on Binance earlier today. At the time of writing, ADA trades at $1,210 with a market cap of $38 billion.

## ADA News Crypto: The price of ADA

Cardano (ADA) is a relatively new cryptocurrency protocol. It was designed to be a blockchain-based platform that allows decentralized applications and smart contracts.
Cardano was envisioned as a third-generation blockchain, the successor of Litecoin and Ethereum. Cardano has a single native asset called ADA, used for all transactions on the network.
The ADA price has seen an impressive rally this year, fueled by the growing interest in decentralized finance (DeFi).

At press time, ADA is trading at nearly $1.25 — this marks an impressive 471% increase from its yearly low of $0.21 set in March 2020.

## Ada News Crypto: Cardano (ADA) Becomes one of the hottest cryptocurrency

Cardano (ADA) is currently one of the hottest cryptocurrencies on the market, following a strong rally in the past few days. According to data provided by crypto analytics platform SANbase, Cardano's retail wallets reached an all-time high, surpassing the previous ATH established in February 2020 by 30%.

The increased interest in Cardano comes as the network prepares to upgrade its Shelley mainnet with a new hard fork called Mary. The upgrade will add multi-asset support and native tokens to Cardano. The fork is scheduled for February 20th.

Cardano's gains have been part of a broader bull run that has seen BTC reach $50k for the first time last week. In recent weeks, most top coins have rallied significantly, such as WazirX's WRX token or Swipe's SXP coin.


ADA News - Crypto Prices for Cardano 

## What Is Polygon (MATIC)?

Before we look at the [MATIC](/news/article/polygon-crypto) price prediction, let's examine the system.

Matic Network, launched in October 2017 and rebranded to Polygon in February 2021, was co-founded by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun, two professional blockchain creators and a business counselor. It is the first systematised, manageable platform for Ethereum scaling and infrastructure expansion. Polygon SDK, a modular, adjustable framework, is the main feature that sustains creating various kinds of applications.

Polygon successfully alters Ethereum into a proficient multi-chain system (Internet of Blockchains). This multi-chain blockchain design is similar to other ones such as Polkadot, Cosmos, and Avalanche, with the benefits of Ethereum's security, rich environment, and vulnerability.

Using the Polygon, developers can build promising rollup chains, ZK rollup chains, stand-alone chains, or any other infra needed.

The $MATIC token will persist and play an increasingly significant role in encouraging governance and securing the system.

Polygon, formerly known as Matic Network, is a Layer 2 scaling solution supported by Binance and Coinbase platforms. The project aims to promote the massive acquisition of cryptocurrencies by fixing scalability problems on multiple blockchains.

Polygon integrates the proof-of-stake blockchain architecture and the Plasma Framework. The framework operated by Polygon, as stated by the co-founder of Ethereum, Vitalik Buterin, authorizes the manageable implementation of scalable and independent intelligent contracts.

With Polygon, new components are being created around the current, proven technology to extend the capability to cater to the various requirements of the developer ecosystem. Polygon will persist in developing the core technology to rise to a more extensive ecosystem.

The Plasma framework allows Polygon to accommodate an endless number of decentralized apps on their infrastructure without undergoing the typical disadvantages of proof-of-work blockchains. So far, Polygon has drawn more than 50 DApps to its PoS-guarded Ethereum sidechain.

The native token of Polygon, MATIC, is an ERC-20 token operating on the Ethereum blockchain. The token is used for Polygon payment services and as a settlement coin between users who work within the Polygon ecosystem. Trading fees on the Polygon sidechains can also be paid with these tokens.

## Price Prediction

Polygon (MATIC) has been running down by 3.71% over the previous seven days. The price dropped by 1.78% over the last 24 hours. In just one hour, the price has gone down by 0.86%. The current price per MATIC is $1.6384. Polygon is running 43.89% down from the all-time high of $2.92. The current circulating reserve of the MATIC coins is 7,758,492,080.62.

## Highlights of Polygon(MATIC)

•	Polygon raised about $450 million via a private deal of its native MATIC token in a funding round conducted by Sequoia Capital India with participation from SoftBank Vision Fund 2, Galaxy Digital, Galaxy Interactive, Tiger Global, Republic Capital, and renowned investors like Alan Howard (co-founder, Brevan Howard) and Kevin O'Leary (Mr. Wonderful from ABC's Shark Tank).

•	Gamma is going live on Polygon. It is an operational liquidity administration platform for Uniswap v3, delivering non-custodial, automated, concentrated liquidity management services.

•	SynFutures has evolved as the most significant derivatives-based decentralized exchange (DEX) on the Polygon network, with a moderate monthly market volume closing of $1 billion.

•	Stader Labs' liquid staking solution is advancing soon to Polygon. This will allow MATIC coin holders to open liquidity and leverage their funds in one of 7,000 Polygon-based GameFi and DeFi apps — all while staying staked!
 



Polygon (MATIC) Price Prediction 

Time to look at a [Bitcoin](/news/category/bitcoin-news) news prediction. Bitcoin's (BTC) price action hasn't been favourable for investors lately as the king coin tumbled below $40k for the first time since January. Although BTC has since recovered to just above $46k, some analysts still believe that the crypto-asset is unlikely to fall further.

Bitcoin hit a high of $42,000 on January 8, but has since struggled to sustain momentum. It has dropped by more than 40% from its all-time high of $58,300.

According to Bitcoin news prediction data from [CoinMarketCap](https://coinmarketcap.com/currencies/bitcoin/), BTC currently trades around $46,200, up by 1.51% in the past 24 hours. BTC is up by 2.8% in the last seven days and down by 11.9% in the past month.

After surging early in the day, bitcoin was largely steady on Sunday evening, while the crypto share price increased 0.9% to $2.2 trillion.
Bitcoin trading volume in the last 24-hour is $27,374,680,521. The market is still trending down with good volume as investors sell off their cryptos in anticipation of further losses.

The Google search trend for the keyword "bitcoin" is lower than yesterday. Perhaps this indicates that fewer people are searching Google for information about bitcoin than they were 24 hours ago.

The social media buzz on forums such as Reddit and Twitter has increased since yesterday. Still, the sentiment remains steady, with some positive and negative posts by different users.

Overall, I think that today's outlook for bitcoin is neutral to slightly bullish. I believe there will be more upside potential as we approach August 1 when the BIP148 user-activated soft fork happens on the Bitcoin network.

## Bitcoin News Prediction and Forecast

Predicting Bitcoin price has always been a hot topic in the cryptocurrency industry. Many people are interested in predicting future bitcoin prices, especially if they consider investing in bitcoin.

Cryptocurrencies will grow and become more valuable, that is not in doubt. However, no one can be sure where Bitcoin will be in the next few years.

Generally, if an asset increases significantly (e.g., by more than $10k), there will be a correction period where it will fall back to its original level. This is not always the case with Bitcoin, as we have seen. Some analysts believe that this correction period may never come for Bitcoin, or at least not for some time.

## Bitcoin on a Roll. What's Next?

In terms of technicals, BTC is currently trading at a critical support level of $46,000. A sell trend confirmation below this level will take the price to even lower levels.

The next 72 hours will be very telling for bitcoin bulls. If there is no reversal from current levels, we may see a retest of the $40,000 level.
However, while the overall outlook for Bitcoin remains bearish, technical indicators show that BTC/USD is unlikely to fall further in the short term. The RSI has been trending above 30 since March 20, which indicates that sellers are no longer in control. This suggests that Bitcoin will most likely consolidate around current levels over the next few days before making another attempt to break resistance at $50k or even $55k.

## Our Verdict

Bitcoin has been swinging in a wide range since January this year. The BTC/USD pair was seen falling from the highs of $64,000 and then $52,000 to the lows of $43,000 and $46,000. It seems that the coin is finding support at the current price level and is unlikely to fall further. The next leg of the journey will be decided by how Bitcoin manages to stay above the current price level.

As per our Bitcoin news prediction, we believe that there is a significant amount of support for BTC at its current levels. Investors are likely to buy Bitcoin during this period because they see it as an excellent buying opportunity.



Bitcoin news prediction: Will BTC Rally? 

Are you looking for a Solana price prediction for 2022, 2025, and 2030, and want to know where the price of this promising coin will go in the future?

This guide will analyse Solana’s past prices, current standings, and SOL price forecast.

Solana is a blockchain platform designed to host scalable and decentralized applications with smart contract functionality. Its native cryptocurrency is SOL and claims to provide the fastest transaction times and lower costs than its rival blockchains, such as Ethereum.

## What is Special about Solana

Solana has become one of the most highly used blockchains today, with a theoretical peak capacity of 65,000 transactions per second. It’s becoming popular due to its low transaction prices and high speed.

[The Solana Foundation](https://solana.foundation/) launched its cryptocurrency in 2020, but you might wonder why it is trending today. Solana has recently gained widespread popularity due to its incredible functionality and high usability. Its astronomical surge has attracted the attention of many investors, leaving many of us wondering about its potential.

With SOL's excellent traction and popularity, many people wonder whether the coin is a wise long-term investment or if they should get rid of what they have before it goes further down.

## Solana Price Prediction

Let’s look at our SOL price prediction and what potential Solana may have in the future.

### Solana’s Price Today

Solana is a fast and secure blockchain that provides efficient decentralized finance or DeFi solutions. Although the coin was launched in March 2020, it was only in 2021 that it found acclaim and gained popularity. Solana went from position 42 in February 2021 all the way up to rank 7 in September of the same year.

### How did Solana’s price rise so fast

Solana is a highly efficient coin. But the catalyst that made its price skyrocket is an NFT project called the “Degenerate Ape Academy”. This project had sold over 10,000 NFTs in only a matter of minutes. The minting of the Apes went without any inflated transaction fees and congested network. This allowed many people to notice it and the benefits it offers.

### Solana (SOL) Price Prediction for 2022, 2025 and 2030

At Moni Talks, we predict the future Solana price predictions by using deep AI-assisted technical analysis and collecting maximum historical data for the SOL coin. This includes Solana's past price, market cap, volume, and other factors.

### Solana Price Prediction 2022

The average price of SOL could hit ~$135 with the minimum price around $100, and the maximum price level could reach ~$170. Solana has recovered more than half of its losses for the year. So, the year-end predictions have increased closer to $200.

### Solana (SOL) Price Forecast for 2025
The average price prediction of Solana is around $358.60, with the minimum price around $348.44 and the maximum price at $430.94.

### SOL Price Prediction 2030

The price of SOL is predicted to reach a minimum value of $2,150 and a maximum value of $2,630. The average trading price of SOL is expected to be around $2,312.52 throughout 2030.

### Is Solana a Good Investment?

Solana is a fast and efficient cryptocurrency, which gives the coin an excellent chance to keep growing in the future. Its value is expected to continue expanding as high demand encourages price rise. Even if SOL doesn’t shoot for the moon as expected, there’s a chance it can still be a good investment if it doesn’t crash. Since there’s some risk to any investment, you should conduct the maximum research possible before coming to any conclusion.

More [coin news](/news/category/crypto-coin-news).


Solana Price Prediction: Will SOL Surge? 

As altcoin season approaches, picking an altcoin to invest in can be a tricky thing. And for investors, knowing which coin will be on the rise next is imperative.

First, altcoins are cryptocurrencies that aren't [Bitcoin](/news/category/blockchain-news); after the release of Bitcoin in 2009, all other coins were released, and they were called altcoins. Over time as Bitcoin grew in value and popularity, so did altcoin. And in today's world, altcoins have lots of investment models, one of which is altcoin season.

As the usage of altcoin increases and becomes dominant in the market, investors are more than ever keenly interested in the altcoin season—a period where these coins could reach a record high. As of 2021, many coins reached record highs, and 2022 is no exception. That's all the more reason people are very interested in this season - altcoin season - and investors, enthusiastic alike, eye the season.

## Altcoin Season is Here

The price of Bitcoin is cyclical, and it only halves once every four years. As the price of Bitcoin went up and after its halving event, the altcoin season officially began. Now investors know altcoins with small market caps are about to go up, and they are keen on new investment opportunities.

So if you're thinking of the right altcoin to invest in this period, here are a few basic ones you could invest in:

### [Ethereum](/news/category/ethereum-news-today)

Ethereum is the essential altcoin. If you don't own Ethereum, you need to buy, and if you own, you could broaden your investment by buying more if you can. Some bullish news like a move to PoS, a possible upgrade to Ethereum 2.0, means the coin will see a significant rise in coming times. 

### Shiba Inu [SHIB](https://coinmarketcap.com/currencies/shiba-inu/)

SHIB is another good coin to buy in 2022, and the main reason is; that the meme coin buzz made coins like SHIB see massive growth. When it was introduced in October 2021, it saw a 1000% growth within a month. Considering this trend, SHIB is another coin to see massive growth as we move through 2022. More so, with the launch of ShibaSwap - a new decentralized exchange - the currency is still very much expected to grow.

### MANA - Decentraland

The buzz around metaverse has got people interested in crypto more than ever. Decentraland is at the forefront of metaverse development. Decentraland is a game consisting of a digital virtual world, where users can buy in-game items, like land, to develop with and characters.
Items in the game are in the form of NFTs. As the metaverse expands, with major tech companies like Meta and Microsoft leading development, coins used in the metaverse garner more interest. And MANA is no exception. Decentraland, a major metaverse game with coin MANA, will see much interest in 2022 even in the coming years.

### BLOCK

Lucky Block is changing the lottery industry one step at a time for the better. BLOCK is used to invent the way lotteries are being played by reducing draw times, improving transparency, and increasing the chance of winning. With these innovations, the coins have garnered interest not just in the lottery industry but also publicly. And the way the currency is built is that the supply reduces over time, and this makes the prices go up. So buying this altcoin now can be beneficial as its value is expected to rise.

## Final thought

Altcoins are expected to see a massive rise in the coming weeks; that's guaranteed. Buying one of these altcoins listed above will be an ample investment opportunity.


4 Coins to Watch this Altcoin Season

Crypto Coin News

Crypto coins or tokens are representations of values stored on the blockchain. Cryptocurrencies, literally cryptographic currencies, are simply the digital, blockchain-based equivalent of our normal or 'fiat' currencies. The most famous (and first) crypto coin is Bitcoin. 

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Crypto Coin News | Page 20