Cryptocurrencies are digital currencies, also known as virtual currencies that act as a medium of exchange and are made financially secure through the technology of cryptography, in which you can not spend the same coin twice.

A decent number of the world’s leading cryptocurrencies have recorded significant growth and interestingly, these digital assets are still growing by leaps and bounds. While this projects remarkable fortune for the crypto industry, it also brings about a great cause for crypto investors to smile.

Undeniably, growth potential constitutes the yardsticks considered by shrewd investors in determining the cryptocurrencies to invest in. Generally, every shrewd investor should fancy the idea of investing in a profitable cryptocurrency; such a cryptocurrency is alternatively a digital asset which can be sold at a much higher price in future.

Therefore, we have conducted thorough findings on the top 10 cryptocurrencies that will grow explosively in 2022.

Here’s a list of the cryptocurrencies in no particular order.

1.VectraCoin (VTC)

VectraCoin is obviously a new cryptocurrency with excellent growth potentials. Developed in 2018 by a UK team, VectraCoin is considered a top-notch cryptocurrency with its selling point being the integration of the excellent qualities found in the world’s leading cryptocurrencies.

Besides boasting the highest transactional speed (pegged at 1000 transactions per second) as well as the lowest transactional fees, VectraCoin has garnered lots of popularity among crypto traders.

Notably, VectraCoin is a brainchild of VectraNetwork which is an innovative company with a self-developed network as well as a wallet for expeditious transfers.

2.Tron (TRX)

Although Tron emerged a few years back (precisely 2017), the cryptocurrency has garnered a strong footing and shown great prospects. With its current market capitalization estimated at $1000,000,000, Tron is expected to substantially increase in value soonest. Meanwhile, the most astonishing valuation which experts have forecast for Tron implies the equivalence of 1 TRX to $1.

Frankly, Tron has captured the fancies of many people including a substantial population of developers and gaming projects that require the Tron ecosystem for the development of decentralized applications.

3.Neo

This is a fast-growing cryptocurrency previously known as Antshares. Neo, a completely revamped project from the previous Antshares, is widely famed as the Chinese variant of Ethereum.

Prettily, Neo has experienced changes in significant areas which not only include the branding (name) but also technical documentation and the settings of blockchain nodes.

Neo is in active partnership with a number of widely admired blockchain startups including Agrello, Coindash and Bancor. In addition, Neo is known for contributing to blockchain-related innovations and prettily, the NEO team is reported to have participated in the development of the Elastos OS.

4.DASH

As of November 2019, 1 DASH equals to 53.62 Dollars. DASH was built based on the Bitcoin software but it has its own advantages. It actually has faster speed of transaction and more security privacy than when compared to Bitcoin. DASH was released in 2014 and its name is a combo of “digital” and “cash”. DASH has features unique to it that makes it stand out from Bitcoin and Litecoin. It has the PrivateSend, the InstantSend and Masternodes feature. The InstantSend feature is a strong point for you to want to invest in DASH. It takes just a few seconds for a transaction unlike Bitcoin which takes up to 10 minutes.

5. Cardano’s ADA

Cardano’s ADA is another cryptocurrency to buy in 2021. You can buy the currency from coinmama.com, Cardano, Coin Switch crypto-currency exchange and others. Cardano is considered to be among the best blockchain currencies in the world today. The ADA cryptocurrency is also sold on Cardano itself as well, so you can buy directly from the Cardano company. It is believed that the ADA cryptocurrency will strongly compete with Ethereum in 2020.

6.Ripple (XRP)

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Ripple has one of the largest total market caps of all the cryptocurrencies. XRP is the cryptocurrency used by Ripple payment network. You can buy and sell the XRP cryptocurrency safely from the Ripple company. It is very secure. The current price of XRP is 0.60 Dollars. Don’t let this figure discourage you, as the price of XRP is very likely to rise again very soon by early 2021! You don’t want to miss out!

7.Litecoin

Litecoin showed a growth increase percent of over 8000 in 2017. This tells you a lot from the onset right? When mentioning the top cryptocurrencies to buy, we can’t leave out Litecoin. Litecoin started in 2011 as a spin-off of Bitcoin and as of November 2019, 1 Litecoin equals to 88 US Dollars. You can sign up with a number of cryptocurrency trading sites to start trading Litecoin. Litecoin has been predicted to have its value rise to $250 at the end of 2021 and to over $500 by the ending of 2022.

8.Ethereum

In terms of capitalization, Ethereum doesn’t need extensive introduction as the world’s second largest cryptocurrency. Expectedly, the launch of the Ethereum staking in 2020 will significantly boost crypto traders’ demand for Ethereum.

Besides helping to oil the wheels of the decentralized apps (DApp) ecosystem, Ethereum is widely lauded for its persistent transition from the POW algorithm to staking, an effort expected to expand the long-term storage of ETH tokens as well as yield a 2.5% reduction in emissions.

9.Chainlink (LINK)

ChainLink is a decentralized oracle network cryptocurrency that provides real-world data to smart contracts on the blockchain. LINK is the digital asset token used to pay for services on the network. Chainlink is one of  the  top cryptocurrency predicted by Teeka Tiwari to skyrocket before the end of 2020/2021, and so far its performance has been remarkably awesome and directly proportional to teeka’s prediction early this year. However, we are still expecting the outcome  of a bull run in price since they’ve been serious obstruction by the outbreak of coronavirus. Chainlink current price is $14.08.

10.Bitcoin

Bitcoin has been in existence for over 10 years and it is undoubtedly the world’s leading cryptocurrency. There’s no need stressing that Bitcoin will hit explosive growths in coming years. In fact, Hal Finney (one of the trailblazers of the cryptocurrency industry) has predicted an ultimate value of $10 billion for a single BTC coin.

According to reports, crypto traders who purchased BTCs in the course of the crypto winter (which lasted from late 2018 to early 2019) will have made over 200% net profit from selling the coins. This is to say that such traders between Dec 2018 and February 2019 probably bought a single BTC at a price of $3500 but were able to sell it in summer at a whopping price of $11,000.

Conclusion

Hopefully, you have had a pleasant review of the major cryptocurrencies that will likely grow astronomically in 2021. While fundamental know-how of the blockchain industry is clearly an essential requirement for favourable crypto investment, it is advisable that investors also look out for cryptocurrencies with remarkable growth projections.