If you plan to invest your money into cryptocurrency this year, there may be some choices that are better than others.
Cryptocurrency has really taken off over the last few years, and now everyone wants a piece of the action.
If you want to start investing, you should get to know more about the world of crypto and which currencies there are to invest in.
The cryptocurrency market is far more volatile than the stock market.
You have a higher risk of losing money and it may take much longer for you to see money.
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Here are 7 major types of cryptocurrency people like to invest in
Ethereum
Etheruem is used for many projects as the blockchain in the world of crypto.
Most meme coins and metaverse prohects are using Ethereum blockchain.
ApeCoin
This gaming coin was launched in 2022 and is an NFT platform with 10,000 tokens.
Bitcoin
Bitcoin is one of the original forms of cryptocurrency.
It is extremely expensive and more volatile, but is one of the most valuable coins you can invest in in 2022.
Binance Coin
Binance is the larget exchange in the world with high trading volume and number of people using it.
A lower commission is paid on the exchange.
Uniswap
This crypto allows for buying and selling to be done without a third party.
The market capitalization for Uniswap is worth $5.70 billion dollars.
Solana
Solana was created 5 years ago but only recently launched in March of 2020.
This is an open source project providing decentralized finance solutions.
Dogecoin Cryptocurrency
Last year Dogecoin was one of the most popular coins you could invest in.
Elon Musk went as far as posting about the meme coin positively, resulting in major traffic for investment.
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