Top 10 cryptocurrencies to invest in December 2022
The cryptocurrency ecosystem is getting dense with each passing day. Currently, there are more than 10,000 cryptocurrencies available for trade. So, picking top 10 cryptocurrencies to invest in December 2022 is extremely difficult, especially if you are new to cryptos.
However, to make your decision easy, we have created a list of the top ten cryptocurrencies to invest in December 2022. Being early birds can save you extra cents.
Read through the end as we offer the best alternatives to Bitcoins and other famous cryptocurrencies. Our guide is a product of thorough market research, past trends, and future pricing factors.
So, let’s explore the dark horse cryptocurrencies which will explode in December 2022.
Ethereum may feel out of place in this list, but its most awaited merge to a proof-of-stake system has sparked growth potential. It is correct that investment may not shoot up by 10,000%, but it still has serious growth potential.
The merger has stabilized its energy efficiency and is expected to draw increased investment. Its first-mover advantage gives it a sizeable growth opportunity, thus making it among the top cryptocurrencies for investment in December 2022.
- Solana (SOL)
The radically lower fee structure of Solana is yielding high investments. It is an Ethereum-look-alike project but with far easier code patterns, thus attracting vast numbers of programmers.
The massive success of Solana has forced Ethereum to review its fee and utility structure. But till then, Solana’s dirt cheap fees will keep enjoying high investments. Therefore, considering the low competition, Solana has a good handicap in catching up.
- Avalanche (AVAX)
AVAX is the fastest smart-contract platform and native currency of the Avalanche blockchain. AVAX aims to become the AWS of the crypto. The project is promising and is catching the eyes of investors.
Avalanche is uniquely suited through its subnet feature, which is tipped to define the future of transactions. It aims to design a lot where each commercial entity can launch its blockchain.
Besides a $5 billion market cap, the unique idea is remarkable, thus making AVAX among the top 10 cryptocurrencies to invest in December 2022.
- Polygon (MATIC)
Polygon is offering blockchain scalability that builds networks enabling them to stay compatible with ETH. Furthermore, MATIC is scaling other leading blockchains like the Matic PoS chain and Plasma Chain.
The much lower fee and 10,000 transactions per second make Polygon gain added value. So, if you are planning to look out for a project with high potential growth, look no further than Polygon.
- Ripple (XRP)
Ripple is a blockchain-based network for making payments. Ripple’s low energy consumption gives it a competitive advantage over its competitors. In addition, it uses the bank’s servers to confirm transactions.
SEC is expecting XRP’s price to soar by 50%. Therefore, XRP will have a bullish trend based on trends and growth potential by the year-end of 2022.
- Polkadot (DOT)
Polkadot is a project that incentivizes a network of computers to not only operate its blockchain but also offer users the to launch their blockchains.
A network of blockchains that act as a bridge between each other makes Polkadot safe and secure for digital transactions. Many investors are keeping tabs on DOT due to its potential. The trends also suggest that DOT is one of the top ten cryptocurrencies to invest in December 2022.
DOT’s state-of-the-art cross-platform network offers P2P applications called libp2p. It rewards its users with DOT coins. Furthermore, the DOT framework creates a win-win position for its users; whenever a user stakes Polkadot coins, he validates and mines the blockchain, and as such, each staker helps the network.
- Litecoin (LTC)
LTC has been around for a while now. It was one early contender of Bitcoin. LTC practically helps cryptocurrency transactions be cheaper and quicker.
Litecoin has a high reward-to-risk ratio and is catching up with other top cryptocurrencies. LTC’s new, improved security features tip it among the top 10 cryptocurrencies to invest in December 2022.
- Cosmos (ATOM)
Holders have a fair say in the Cosmos project as it is a governance token. A solid track record since 2017 makes ATOM a top-25 crypto by market cap.
The project focuses on making blockchains user-friendly. It solved a major problem when it came out in the market. Thus, attracting handsome investment. Since Cosmos allows seamless communication between networks, it is expected to keep a firm financial ground.
- Chainlink (LINK)
LINK enables universally connected smart contracts by using a decentralized oracle network. A unique communication pattern involves the following steps: Oracle Selection, Data Reporting, and Result Aggregation.
SWIFT has partnered with LINK to facilitate global payments. It is a massive victory for ChainLink and makes it the next big thing in the crypto environment. Both new and existing investors can expect LINK to remain among the top cryptocurrencies by the year’s end.
- Cardano (ADA)
Cardano is a PoS blockchain platform. It was developed on the utilization of evidence-based methods. One of the unique features of the Cardano is that it is not minted; instead, the network chooses validators. The selection depends on the number of tokens each user owns.
Despite its price being in a bearish trend, it is expected to rise in December. Many crypto analysts rank ADA as one of the most valued digital assets, thus making it a worthwhile purchase.
In addition, Cardano has a solid social media following, leading an exclusivity amongst its holders. Furthermore, making it one of the top 10 cryptocurrencies to invest in December 2022.
Frequently Asked Questions
Will the cryptocurrency market rise in December 2022?
Despite a slow start to the year, the cryptocurrency trade is gaining momentum in Q4 of 2022. So, an educated guess depicts an upward trend and tips a rise in its business in December 2022.
Is Bitcoin worth investing in December 2022?
Yes, Bitcoin never gets out of the trade. Despite tough competition from other cryptocurrencies, Bitcoin is still the most traded and invested cryptocurrency. Hence, it is worthy of investment in December 2022.
Is Ethereum worth investing in December 2022?
Yes, Ethereum is a good option for investment in December 2022. Recently it shifted its system to proof-of-stake, which has led to new investments in cryptocurrency.
With so many promising new projects in the market, making a top 10 cryptocurrencies to invest in December 2022 was difficult. However, keeping in mind the potential future growth prospects, we were able to develop a list of top cryptocurrencies.
Each cryptocurrency on our list has unique features, making them stand above the rush. However, they all have one common factor – colossal return.
Contrary to all reasonable indicators, we recommend always seeking professional advice before investing in a highly volatile market like cryptocurrency.
That concludes our guide for the best crypto to look out for in December 2022. Do let us know what you think the cryptocurrencies to explode shortly. The comment section is waiting for your feedback