List of Top 5 Cryptocurrencies in 2022

Posted By Lobitech IT Solutions West End, London WC2H Lobitech on 07-11-2021 19:08:36

List of Top 5 Cryptocurrencies in 2022


When it comes to choosing which cryptocurrency to invest in the choice can be overwhelming. There are currently thousands of cryptocurrencies on the market. In addition to this the future of crypto is never certain, making predictions difficult, especially due to the volatility in the market from the coronavirus pandemic.

2020 was one of the most challenging years for the global economy. The global pandemic, lockdowns and fear of a global recession caused more and more investors to turn to crypto as a possible alternative to traditional financial assets. However, it was also the year where a number of reputable financial institutions recognised the potential of crypto. Visa, MasterCard, PayPal and JP Morgan all got involved in the crypto markets.

In 2021 further cryptocurrency adoption seems likely making it the perfect year to start investing. This new technology is able to bring massive change to the existing financial system and when big institutions adopt it crypto will reach its full potential as an asset class. This widespread adoption indicates that 2021 will be a great year for the entire crypto market. There is no single cryptocurrency that is a clear winner, so here is a list of five that show potential for investment in 2022.

  1. Litecoin (LTC)
  2. Ethereum (ETH)
  3. TRON (TRX)
  4. Cosmos (ATOM)
  5. Bitcoin (BTC)

Litecoin (LTC)

Litecoin (LTC)

Currently Litecoin is fluctuating around £110 with a market cap of over £7 billion. It may not be the most bullish crypto on the market but with a high market cap and strong growth predictions it is worth considering.

Litecoin was created in 2011 by Charlie Lee. His aim was to make a “lite version of Bitcoin”. It is based on Bitcoin protocol but has a few differences including its block cap and block transaction times (2 and half minutes in comparison to Bitcoins 10 minutes). Because of its close connection to Bitcoin investors have been interested in it.

In 2017 Litecoin increased in value by more than 8000%. CoinSwitch predicted that the price of Litecoin could reach £440 and with Litecoin being one of the big four on Coinbase it is considered one of the best cryptocurrencies despite strong competition.

Ethereum (ETH)

Ethereum (ETH)

Ethereum is currently valued at £800 and despite almost every crypto being negatively affected by the coronavirus pandemic in late march, Ethereum stayed stable throughout 2020. This indicates it being a strong cryptocurrency for 2022.

Towards the end of 2020 Ethereum surged in value mainly due to the growth of decentralised finance (DeFi). The Ethereum platform supports many cryptocurrencies in the DeFi sector: Chainlink (LINK), Wrapped Bitcoin (WBTC) and Maker (MKR). DeFi is one of the fastest growing crypto trends, which can transform insurance, loans and savings programmes, making them independent from banks and other centralised financial institutions. It processed almost £10 billion worth of decentralised exchanges in 2020, up from £2.2 billion in 2019. The influx of market participants and capital into the DeFi marketplace contributed to Ethereum’s position as a leading altcoin. It held 96% of the total transactional volume.



TRON was originally launched on the Ethereum network. It is a peer-to-peer network aiming to revolutionise the entertainment industry and democratise content creation. Tronix (the name of the cryptocurrency used on the TRON network) can be used by content consumers to pay content creators for access to original material. Tronix is a more transparent monetisation system than those used by traditional social media networks and it does not require a middleman like AppStore and GooglePlay. It already has numerous high-profile partnerships: Samsung, oBike (a bike sharing company), Baidu (a Chinese search engine) and Baofeng (dubbed the Chinese Netflix).

The value of TRON is predicted to fluctuate throughout the year with Coinpedia predicting that it could hit highs of £0.35 from £0.022. It currently hosts more decentralised apps than Ethereum making it a strong contender for 2021.

TRON 4.0 was implemented in summer 2020 which brought privacy features to smart-contracts. This further indicates than TRON will have a strong 2022.

Cosmos (ATOM)

Cosmos (ATOM)

Cosmos is a network of blockchain networks dubbed “the internet of blockchains”. Cosmos is not about beating the competition; instead it aims to help the entire sector advance using a combination of unique protocols that bring the industry together. The goal is to allow separate blockchains to communicate, share data and transact with each other. This would be a positive driving force for development in the market.

 It currently has a value of £4.62. The future of the crypto’s value is still debated mainly due to its slow development and doubtful decentralisation. The network is managed by 100 validators who need to constantly increase assets to remain a validator. This could result in the appearance of “whales” in the Cosmos network. However, if it is able to achieve its aim it would revolutionise the market which would ripple over into its value.

Bitcoin (BTC)

Bitcoin (BTC)

Bitcoin has dominated the market since its launch in 2009 and there’s no indication that that’s going to change anytime soon. Mot cryptocurrency predictions are showing that Bitcoin will have its strongest year yet.

Bitcoin has a massive rally at the end of 2020, beating its all-time high and that will most likely continue into early 2022. Target prices for Bitcoin have been predicted to be anywhere from £80,000 to £250,000. Though this is a wide target range the lowest end means almost a 400% value increase. Tom Lee, a managing partner for Fundstrat Global Advisors, expects that Bitcoin will overtake gold as a store of value and a hedge against inflation.

In addition to these predictions Bitcoin seems to be a fairly sure bet due to its healthy recovery rate in 2020. The price of Bitcoin plummeted in March 2020 but made a rapid recovery to be stronger than ever by the end of the year. Growing institutional demand, rising inflation and an increasingly negative perception of contemporary monetary policy causes investors to look for alternative options to protect the value of their capital. Cryptocurrencies, led by Bitcoin, have proven to be a great alternative further increasing their value.

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