Top 5 Cryptocurrencies That Will Make A Stunning Comeback In 2022

Last Updated August 9th 2022
5 Min Read

If your crypto investment strategy is to buy low and sell high, you have come to the right place. In this article, we take you through the top cryptocurrencies currently selling below their potential value. 

There are many undervalued projects in the crypto market now. However, these 5 tokens made our list for the rapid pace at which they are progressing. They have been capturing organic attention from the crypto and NFT markets; an uptrend is only a few weeks away if they manage to keep up the enthusiasm.

So go on and take a look at the top 5 cryptocurrencies that will make a stunning comeback in 2022.

 

Ethereum (ETH) 

Ethereum (ETH) is the world’s second-largest cryptocurrency behind Bitcoin, even outperforming it at times. Last year, Ethereum instituted an upgrade that reduced the supply of ether, currently at around 121.8 million coins. The upgrade also allows the network to handle more transactions per second, improve the platform’s scalability and lower transaction fees.

Many metaverse projects, including Star Atlas, Axie Infinity, and The Sandbox, use the Ethereum blockchain, as do most NFTs. Another upgrade, this one scheduled for August, will transition Ethereum to a Web3-ready proof-of-stake mechanism that will reduce energy consumption by 99.5%, according to Consensys.net, and further increase security and scalability. This makes ETH one of the 5 cryptocurrencies that will make a stunning comeback in 2022.

ETH is currently experiencing a major slump, losing over 50% of its value since the beginning of the year, which is about on par with other major cryptocurrencies. Some analysts say the low price presents a good buying opportunity for investors waiting for the right time to test the cryptocurrency waters. 

buy eth

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Binance Coin (BNB) 

Binance is the largest cryptocurrency exchange in terms of trading volumes. Like Bitcoin, Binance coin keeps a hard limit on the number of tokens in circulation — in its case, 165,337,261 out of 200,000,000 tokens. This helped the token price increase exponentially in 2021. In addition, Binance puts about one-fifth of its profits each quarter into permanently getting rid of, or “burning,” BNB tokens, which raises the value of the remaining tokens.

Binance has two blockchains, which reduces the kind of bottlenecks Ethereum is vulnerable to. It is also fast and scalable, making the platform more regulator-friendly, according to Seeking Alpha — a feature that could be crucial to its longevity and widespread adoption. 

BNB outperformed Bitcoin and Ethereum last year and seems poised to do so this year as well. With Binance expanding into Europe, with Paris as its hub, BNB is one of the top 5 cryptocurrencies that will make a stunning comeback in 2022.

buy binance coin

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Uniswap (UNI)

Uniswap is one of the top cryptocurrencies that will make a stunning comeback because it could end up crushing centralized exchanges and traditional and market-maker brokers.

Uniswap is the most popular decentralized application on the Ethereum network. Instead of using a traditional order book, the famous exchange crypto employs an automated market-making system. It allows direct peer-to-peer cryptocurrency transactions to occur online safely and securely without intermediaries.

Notably, Uniswap got a big investment from venture capital firm Andreessen Horowitz who has previously invested in Coinbase, Ripple, Twitter, Lyft, and Oculus VR.

Currently, its token UNI is a major DeFi coin, although the price of UNI is still much lower than other major coins like Bitcoin and Ethereum. This makes Uniswap a great option if you are starting out and don’t have a lot to spend.

Uniswap is low-risk and has high potential rewards. If you think the decentralized finance industry is the next big thing, Uniswap will definitely be a worthy addition to your portfolio.

buy uniswap

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Chainlink (LINK)

Chainlink is one of the most fundamentally strong cryptos today. That’s why it is among the leading cryptocurrencies in the market.

For those who are not familiar, the network uses ‘oracles’ to connect blockchains with the outside world. Chainlink’s biggest strength is its capabilities as the largest decentralized oracle in the market. And any project that needs usable real-world data has to utilize its data center.

An oracle is necessarily a source of data and information, and by enabling blockchains to use them, smart contracts can react to events happening outside the blockchain.

Chainlink is highly dependent on the overall market, and its price will likely rise as crypto adoption rises and blockchains need to increase their access to real-world data. After reaching highs of $52 in November 2021, LINK is currently trading at $7. Given the factors mentioned, experts believe LINK is one of the top 5 cryptocurrencies that will make a stunning comeback in 2022.

buy chainlink

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Dogecoin (DOGE)

Dogecoin started grabbing attention last year in the crypto market and is one of the top meme cryptocurrencies. DOGE began as a joke and was not intended to be taken seriously.

However, many people have made serious money from all the hype about Dogecoin. It is one of the more volatile investments that could make you a very handsome profit if you learn to play the hype to your advantage.

But the real reason investors should watch Dogecoin is because of the huge support from Redditors who have been pumping up the price like crazy. The DOGE price prediction is looking bright in 2022. According to CryptoNewsZ, the meme coin could reach a max price of $0.75 in 2022 – an increase of 1000+% from today’s level. Therefore, even though the coin has suffered value drops in recent months, we believe it can make a stunning comeback. An investment in DOGE while the price is still low would be the smart thing to do. 

buy dogecoin

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Read More:

Where To Buy Ethereum (ETH)

How To Buy Binance Coin (BNB)

Where To Buy Uniswap (UNI)

The 5 Best Ways To Buy Chainlink (LINK)

Where To Buy Dogecoin (DOGE)

Top 10 Cryptocurrencies With The Most Potential

Next Cryptocurrency To Explode

Best 10 New Cryptocurrencies To Invest In

Top 10 Most Undervalued Cryptos To Buy

Best Future Crypto Coins To Buy