These 5 Cryptos Are Set To Crush Bitcoin

Last Updated April 15th 2022

4 Min Read

As The Market Continues Trading Sideways, It Could Be Time To Consider These Bitcoin Alternatives.

Key Points

The entire crypto market is yet to show any serious upside momentum, weighed down by macro factors.
Coins with strong fundamentals and strong communities are likely to perform well as the market recovers.
Dogecoin, Zcash, Shiba Inu, XRP, and Polkadot are likely to outperform BTC in 2022.

Cryptocurrency markets have been directionless for most of 2022. Volatility has been pretty volatile in April, and Bitcoin is down by more than 10% in the month. With inflation on the rise in major economies, and interest rates likely to keep going up, Bitcoin and most cryptocurrencies could experience a slowdown in the short term.

To stay ahead in this fast-moving market, investors are now looking for cryptocurrencies with better prospects than Bitcoin in short to medium term. Many such cryptocurrencies are in the market today, many of which have given investors double and triple-digit gains even as Bitcoin remains sluggish.

If you are in the market looking for cryptocurrencies that could outperform Bitcoin in 2022, then you have come to the right place. In this article, we take an in-depth look at 5 cryptocurrencies that are set to crush Bitcoin in 2022.

Dogecoin

Dogecoin may be a meme coin, but it has proven that it can easily outperform Bitcoin if it has the right news. Elon Musk is likely to be an even bigger factor to Dogecoin’s price action, at least in the short term. To understand why one needs to look at Dogecoin’s price action in the last two years. When Elon started tweeting about Dogecoin in 2020, the price shot up, and DOGE went on to gain by 12,000%.

Now Elon Musk has bought a large stake in Twitter, and the latest news is that he wants to buy out the whole company. If he does and implements his recent idea that Twitter should consider accepting Dogecoin payments, Dogecoin could easily do multiples of the gains it made in 2021.

Check Out: Dogecoin (DOGE) Price Prediction

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

Zcash

Zcash makes it possible for users to do completely anonymous transactions. Unlike Bitcoin, which records all transactions on a public ledger, in Zcash, only those privy to the transaction know how much is being sent and from which address.

With privacy now a big deal in the digital world, privacy-focused cryptocurrencies will likely keep gaining momentum in 2022. However, unlike other privacy coins, Zcash also has the option for non-private transactions. This lowers the risk of harsh regulations against privacy coins hurting its prospects.

Given how fast privacy coins are growing in adoption and ZCash’s low risk of being hurt by regulations, ZEC is a crypto that could crush Bitcoin in 2022.

Don't Miss: Zcash (ZEC) Price Prediction

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

Shiba Inu

Shiba Inu is another meme coin that could crush Bitcoin in 2022. Like Dogecoin, Shiba Inu relies on hype, and there is every reason to believe that the hype could return in 2022. The biggest hype drivers for Shiba Inu are likely to be the recently launched Metaverse platform and a more accelerated token burn. These events directly affect not just demand for SHIB but also on triggering hype. If bulls take control in the entire crypto market, Shiba Inu’s hype news could see it outperform Bitcoin by a considerable margin.

Read Also: Shiba Inu (SHIB) Price Prediction

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

XRP

XRP is the most convenient and cost-effective way to move money worldwide without relying on SWIFT. One of the things that sets XRP apart from Bitcoin is transaction speeds. XRP transactions take only a few seconds for them to go through. By contrast, Bitcoin transactions take an average of 10 minutes, and it is more expensive than XRP.

XRP also has more potential to be swayed by news in 2022. Since 2020, XRP’s upside momentum has been hampered by the legal issues that Ripple and its founders currently face. The SEC sued Ripple founders claiming that the issuance of XRP was illegal security. However, the SEC hasn’t scored any major points, an indicator that Ripple has a chance of winning the case. If Ripple wins the case, XRP is one of the cryptocurrencies that could crush Bitcoin in 2022.

XRP is holding up pretty well at the moment and is currently trading at $0.725, with a market capitalization of $34.84 billion.

Check Out: Ripple (XRP) Price Prediction

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

Polkadot

One of the most impressive things about Polkadot is that it enables users to transfer any data type across platforms seamlessly.

The interoperable nature of Polkadot makes it an excellent foundation for Web 3.0 applications that need all types of data and assets for them to function. Given that Web 3.0 is on a growth trajectory, Polkadot is one of the top cryptocurrencies that could beat Bitcoin in 2022. Polkadot is currently trading at $18.39 and has a market capitalization of $17.84 billion.

Read Also: Polkadot (DOT) Price Prediction