At the end of 2021, the cryptocurrency industry market cap stood at $3 trillion, with a projected CAGR of 29.5% by 2025. The ongoing geopolitical issues between Ukraine and Russia at the initial stage resulted in the drop of this industry’s market cap to the $1.5 trillion range.
However, the trade sanctions, the collapse of the Russian ruble value, and restrictions on how much people in this region could liquidate from regulated financial sources have resulted in this market’s correction to have it currently valued at $2.1 trillion.
This reality on the importance of decentralized finances coupled with the numerous use of blockchain technology in improving efficiencies will result in the accelerated adoption of cryptocurrencies. The five coins below are in pole position to reap from this boom.
What are champion cryptos?
Blockchain technology and cryptocurrency have proven that this is the next technology and financial frontier. The difference will be the adoption ease of the underlying blockchain technology, ease and speed of transactions execution, and ease of stackability.
The top 5 champion crypto to include in your crypto fund
Since the launch of cryptocurrencies, this market has churned out millionaires and, at the same time, resulted in financial ruin. There are many coins to sift through for profitability, but these five are a great starting point if interested in exposure to triple-digit return potential.
No. 1 Bitcoin (BTC)
Market capitalization: $901.06 B
Bitcoin might divide the cryptocurrency niche in two with those that love it for making money and those that hate being at the receiving end of its volatility leading to losses. The fact remains that it is the largest crypto coin in market capitalization and the most popular globally.
In addition, its unique and scarce algorithm makes it a store of value to rival gold. Its utilization and acceptance as a means of payment across multiple platforms and the growing institutional interest in bitcoin mean that despite its volatility and hefty price tug, bitcoin still has room for growth and is worth considering if investing in cryptos.
BTC currently has a 24-hour trading volume of $32.81 billion. It has a market cap of $901.06 billion, with approximately 19 million coins in circulation out of a total available supply of 21 million coins.
No. 2 Solana (SOL)
Market capitalization: $40.01 B
Pipped as the “Ethereum killer,” Solana blockchain technology might take over the market by concentrating on solving Ethereum’s primary challenge, slow processing speeds. It is a blockchain technology that facilitates the running of smart contracts, enabling users to run decentralized applications and DeFi systems.
Its efficiency, speed, and scalability feature resulted in this crypto disrupting the cryptocurrency space in 2021, resulting in a yearly change upwards of +12000%, which was phenomenal compared to Ethereum’s gains of approximately +450%. With the blockchain world all about real-time processing speeds without compromising security, Solana’s lighting fast processing speed gives it room for growth and phenomenal returns in 2022.
SOL currently has a 24-hour trading volume of $3.91 billion. It has a market cap of $40.01 billion, with approximately 325.26 million coins in circulation.
No. 3 1inch (1INCH)
Market capitalization: $789.88 M
What if you had a single wallet that would allow you to trade and exchange all cryptos of interest? This is not a dream but what the 1inch Network’s sole objective is all about. This DEX blockchain technology provides aggregated solutions for decentralized markets, analyzing multiple crypto liquidity sources to provide the best rates available across the pooled markets; Binance Smart Chain, Ethereum, Arbitrum, Polygon, Avalanche, and Gnosis.
In addition, this crypto has the most flexible and innovative limit order protocol, sap DeFi protocol, which simplifies the trading of the plethora of tokes available on 1inch. It also offers yields of between 5% and 10% on all stable coins on its platform annually. Couple this with regular auditing to ensure transparency, a secure network, and a P2P feature that enhances security on crypto swaps, and this network will continue being a darling in 2022.
1inch currently has a 24-hour trading volume of $143.77 million. It has a market cap of $789.88 million, with approximately 413.78 million coins in circulation, out of a total available supply of 1.5 billion coins.
No. 4 Ethereum (ETH)
Market capitalization: $408.80 B
Bitcoin might be the most popular cryptocurrency globally, but Ethereum brings sanity to the crypto world, making it equally popular. This open-source, decentralized blockchain technology provides the foundation upon which other cryptocurrencies develop and execute their smart contracts. Its adoption in various disciplines and its continued rise in demand; include digital money, smart contracts, decentralized applications, and finance ecosystems.
A feature is in the works for release in mid-2022 to raise the processing speeds of Ethereum, which is its most significant challenge, which will result in its affordability due to more ETH based projects.
ETH currently has a 24-hour trading volume of $17.90 billion. It has a market cap of $408.80 million, with approximately 120.17 million coins in circulation.
No. 5 Luckyblock (LBLOCK)
Market capitalization: $105.01 M
Investment aside, people are intrigued by luck and its supposed ability to transform lives instantaneously. The Lucky Block crypto taps into this belief and aims to revolutionize the lottery space. It is a blockchain technology whose objective is to bring transparency to this $330 billion global niche by applying decentralized blockchain running on the Web 3.0 platform.
The result is cost-saving which improves the odds for lottery participants while also giving Lucky Blocks participants a chance to vote via held tokens on the charitable organizations to benefit from lottery donations. Apart from speculation trading, LBLOCK holders earn 10% of every jackpot, incentivizing long-term holding of this crypto. With the global appeal of lotteries, this cryptos’ objective of making them a global affair is reason enough to back it in 2022.
LBLOCK is currently trading with a 24-hour volume of $0.699 million. It has a market cap of $105.01 million, with approximately 37.23 billion coins in circulation, out of a total coin supply of 100 billion coins.
One of the most exciting things about the cryptocurrency space is its security, decentralization, and the ability to churn out millionaires when investments explode. Not all cryptocurrencies lead to significant returns and those that capitalize on emerging technology trends in most cases. The five cryptos above have a cookie jar in several disruptive technologies, Metaverse, DeFi, and AI, placing them in pole position for phenomenal returns in 2022.