Cryptocurrencies are in the spotlight these days, as many people have invested in them. Despite their recent losses, the market cap of the cryptocurrency market is still at more than $2 trillion. As more and more investors get into the cryptocurrency market, the value of cryptocurrencies increases.
Also, the number of new cryptocurrencies keeps on increasing every day. In fact, there are already over 1,000 different cryptocurrencies in existence today. Many experts believe that in less than 10 years, there will be more than 1,000 different types of cryptocurrencies. This means that there will be more choices for investors when they want to invest in cryptocurrencies. When it comes to investing in cryptocurrencies, people will have an endless amount of options.
These two cryptocurrencies reached their all-time highs this year. Bitcoin is now worth more than $66,930.39 and Ethereum is now worth over $4,366.09.
It's difficult to say what will be the best cryptocurrency in 2022. However, it's not impossible to find out.