These ten cryptocurrencies are still worth your attention in the 2022 bear market

Cryptocurrency investors are nervous following the recent crypto bloodshed suffered by some once popular and lucrative cryptocurrencies such as Bitcoin and Terra LUNA.

First, digital assets are more mature than at any time in their history, and projects in this young industry continue to attract a large amount of talent, labor, and investment.

Secondly, people are in desperate need of adding profits to their crypto wallets in order to earn some livelihood in the highly volatile cryptocurrency market.

Despite the volatility, some cryptocurrency investors are keeping an eye out to see which cryptocurrencies will emerge as winners at such a critical time. This article introduces 10 cryptocurrencies that are still worth investing in right now.

Ethereum

After the Bitcoin crash shocked investors, Ethereum is currently plunging in value. Even as the cryptocurrency is recovering from its lowest price, investors are considering other investment options. Although Ethereum is in an exponentially volatile position, Ethereum may also be a better investment option than Bitcoin. The launch of Ethereum 2.0 upgrade has caused some excitement and has investors very excited about the future of Ethereum.

Binance Coin

Binance Coin is the native token of one of the world's largest cryptocurrency exchanges. Binance is focused on bringing cryptocurrency exchanges to the forefront of the financial and economic markets. Although Binance Coin currently seems to be suffering as almost all cryptocurrency exchanges are suffering due to the plunge in the value of cryptocurrencies, Binance Coin may prove to be a more favorable investment than several other cryptocurrencies in the market.

XRP

XRP is the native token of Ripple. It proposes a cheaper and more efficient alternative to the SWIFT system for processing international transactions. XRP Ledger is Ripple's open source blockchain, with the XRP token as its native asset. It operates independently of the Ripple economy and investors can use it for a variety of purposes.

Cardano

Even after the market volatility, Cardano has not lost its reputation as an actively developing blockchain project. It is one of the fastest growing cryptocurrencies and can also successfully use the Proof of Stake consensus mechanism on the largest blockchain, which is more energy-efficient than the Proof of Work algorithm.

Tether

Tether is one of the biggest competitors of TerraUSD and is at the top of the stablecoin pyramid. Tether is more trustworthy than Terra or Bitcoin. Just two hours after UST fell, Tether also fell, but its value recovered within an hour. Although it has not yet reached full parity with the US dollar, it still effectively maintains its position near that level.

Solana

Solana remains a top 10 cryptocurrency and has its own blockchain, which means it does not have to rely on the design and limitations of other networks. The longer it takes for Ethereum to complete the merger, the more Solana should benefit, as it is a competitor to Ethereum with its own decentralized applications and DeFi products.

Uniswap

Uniswap represents a popular decentralized exchange that enables users to buy and sell digital currencies without communicating with any third party. While all other cryptocurrencies have failed to prove their worth to investors, Uniswap has surpassed its market capitalization at the beginning of 2022. Therefore, Uniswap has proven to be a good investment option in 2022.

Polygon

Polygon was created by a development team that has made significant contributions to the Ethereum blockchain platform. According to CoinMarketCap, Polygon is designed for Ethereum expansion and infrastructure development. As a "Layer-2" solution, it will expand Ethereum into a multi-chain system, increasing transaction and verification speeds.

Decentraland

Decentraland became a hot name in the cryptocurrency market after the Metaverse became popular among tech leaders. In the past few days, the number of users of Decentraland has increased exponentially, leading to a significant increase in its price. Decentraland is one of the largest Metaverse cryptocurrencies and it is supporting the development of a space that can provide extremely immersive and exciting experiences.

Sandbox

The Sandbox is another Metaverse cryptocurrency that has seen a recent surge in price. Despite the current fragile state of the crypto market, the SAND token has maintained its reputation as a profitable investment due to the growing popularity of the Metaverse.