Cryptocurrencies have been gaining in popularity in recent years, as more and more people become interested in the possibility of a decentralized future. While there are many different cryptocurrencies to choose from, not all of them have the same upside potential. In this article, we have listed the top 4 cryptocurrency with most upside potential.
1. Chainlink
Chainlink is a blockchain abstraction layer that enables universally connected smart contracts by utilizing a decentralized oracle network. This means that it can connect with any other blockchain and provide off-chain data to smart contracts. As a result, Chainlink is one of the most versatile cryptocurrencies available today and it is the best cryptocurrency with most upside potential.
With its unique capabilities, Chainlink has the potential to revolutionize how businesses operate. It could enable new types of contracts and transactions that were not possible before, making it an essential investment for anyone looking to be at the forefront of innovation.
If you had invested $1000 in Chainlink on January 1st, 2021, your investment would have increased to $1966.4 as of January 11th, 2022- representing almost 100% growth from the previous year.
2. XRP
XRP was created by some of the same people who founded Ripple, digital technology and payment processing company. XRP can be used on that network to facilitate exchanges for fiat currencies, other cryptocurrencies, and more.
It comes second on our list of the top 4 cryptocurrencies to invest in. Its use on the Ripple network has made it one of the most popular cryptocurrencies. XRP remains a promising investment for those looking to diversify their portfolios with cryptocurrency holdings.
XRP started at $0.006 in early 2017, and by Sept. 30, 2022 had risen to $0.48—an increase of 7,900%.
3. Ethereum
Being a cryptocurrency and a blockchain platform, Ethereum is a favorite of program developers because of its potential applications, like so-called smart contracts that automatically execute when conditions are met and non-fungible tokens (NFTs).
Although Ethereum’s price has been volatile over the past year, it is still one of the best cryptocurrencies to invest in due to its wide range of potential applications. For example, Ethereum’s smart contracts could revolutionize how we do business by eliminating the need for intermediaries like lawyers or bankers.
Ethereum has seen unbelievable growth in a short amount of time. Ethereum’s price increased 12,518% from $11 to around $1,388 dollars between April 2016 and September 2022.
4. Quant
Quant Network is a blockchain platform that was launched in 2018. The native token of the Quant Network is QNT, and it is one of the top cryptocurrencies to buy in 2022. The primary function of QNT tokens is to grant users digital access to a particular service or application (MApp). Both users and developers are given access.
The Quant Network provides a number of advantages for businesses, including the ability to create private blockchains, the ability to interoperate with other blockchains, and scalability.
Quant’s original price in 2018 was a mere $0.27. However, by October 2022, just four years later, its value had risen to an impressive $171.33 – amounting to a gain of around 634x!
Investors looking to add a lower-cap asset to their portfolio might also be interested in a popular DeFi project like VVS Finance.