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Best Cryptocurrency to Invest in 2022 for Short-Term

This crypto currency is making people sitting at home millionaires, getting strong returns after investment!

Best Cryptocurrency to Invest in 2022 for Short-Term

Best Cryptocurrency to Invest for 2022

Investors are investing in a large number of cryptocurrencies and the reason behind this is the excellent returns, thereby making huge returns to the investors.

The number of investors in the crypto market is constantly increasing.  The cryptocurrency market has seen tremendous volatility in recent times.  People's interest in cryptocurrencies is also increasing.  Today we are going to tell you about the top cryptocurrencies that have had the best performance in the last two months.  Investors have got to see a lot of investment in these.

If you had invested Rs 10,000 in bitcoin two months ago, your net investment today would be a little over Rs 14,000.  At the same time, investing in Ethereum will also see almost the same result.  But if you had invested in the much hyped token Shiba Inu, you would have received around Rs 74,000 in total within these 60 days.  If you put this money in one of the top performing cryptocurrencies, your original Rs 10,000 will increase to Rs 1,57,000.

All of this may sound like a dream to you, but these are very real numbers from the performance of the cryptocurrency market over the past two months i.e. from September 11th to November 11th.  The world of cryptocurrency is gaining new followers every day, as does everyone else.  seeing.  To get good return on investment.  Of course, more and more investors are flowing/investing more and more money in these digital currencies.

But soon this also came to the fore.  There are many cryptocurrencies in the market at the moment, but there are only a few cryptocurrencies that garner more headlines.  In such a situation, today we are going to tell about the top-5 cryptocurrencies in terms of market capitalization, in which investors are getting a lot of investment, there has been tremendous volatility in the market.  The market crash happened on Wednesday as well but came to the fore soon.

It's no surprise to see this Sky High graph that has been monitoring the crypto market for a long time.  But for new investors, it can be a real dilemma as to which crypto coin or token to back up.  This choice depends on many factors which may also vary from person to person.  If you choose the best performing crypto currency over the past period, all you have to do is look at the performance chart and it is a very simple task.

Here, we're focusing on some of these cryptocurrencies that have performed exceptionally well over the past two months, and have delivered significant financial results to their investors.  Note that the purpose of this analysis is not at all to make market predictions, rather it is merely an overview of cryptocurrencies' performance and an indication of their potential for investors.

Top performing crypto coins

First, let's look at some of the top performing crypto coins over the past two months.  Note that this should ideally include the coins that grow the most in terms of market cap/market value, but the cryptocurrency market is a bit tricky if you look at it that way.

Simply put, a simple fact – more than 10 cryptocurrencies have increased in value by more than 1,000 percent in the past two months.  This means that your investment of Rs 10,000 has given a return of more than Rs 1 lakh. While this may sound tempting, these coins often remain far from a wide audience and are listed on very few platforms for public trade/public trade.

Thus we will focus on cryptocurrencies that have an established presence in the global crypto market and are much more stable in nature than such one-shot miracles.  In this connection, we have brought you information related to some top performing / performing crypto coins.

Here is a list of top performing crypto coins:

Phantom

A scalable smart-contract platform that enables developers to build decentralized/decentralized applications, Phantom has been a hot coin over the past few months.  At the beginning of the two months mentioned above, the cryptocurrency was trading at around Rs 100.  After 60 days of writing this article, its price has gone up to Rs 213, registering an astonishing increase of 79 per cent.

Polkadot

Polkadot, which is designed to make multiple blockchains interoperable, grew from around Rs 2,500 in the second week of September to Rs 3,900 today.  This equates to another bull rally of around 52 per cent, which has generated huge interest in the coin.

Binance Coin

The personal crypto coin of the world's largest cryptocurrency exchange, Binance Coin, has registered an impressive growth of 51.63 percent in the last 60 days.  The period started with a price of around Rs 29,000 and currently the value of a coin/coin has been recorded above Rs 50,000.

Bitcoin

Bitcoin, the godfather of all cryptocurrencies in terms of market capitalization, has registered a growth of 42.43 percent over the past 60-day period.  The most valuable cryptocurrency in the world saw a drop in its value in late September, which lasted until early October.  But since then bitcoin has been delivering impressive returns to investors.  Till the time of writing the news, its market price is around Rs 52 lakh.

Ethereum

Ethereum has registered a growth of about 37 percent over the past two months, followed by bitcoin.  At the beginning of the period, Ethereum traded around Rs 2.43 lakh, which was valued at Rs 3.77 lakh at the time of writing the news.

These were cryptocurrencies that have a strong market capitalization and have seen a significant increase in value over the past two months.  In layman's terms, these are the "safe bets" in the crypto world.  Don't take this as investment advice though, and be sure to do your own research before investing in any of these.

Of course, by no means are these crypto coins that have experienced the highest growth.  As mentioned above, such unusual price jumps are mostly seen in new coins, which are not very risk-free investments.  If you are still interested in this, let us tell you that some of the coins that have appeared in the last two months are Kadena, Advanced Technology Coin, Pegnet, Acroma, Rabbit Coin etc.  DotDown and TRXDown are the ones that have seen a surprising increase in seven-digit percentage values.  For example, your investment of Rs 10,000 in TRXDown would have grown to Rs 52,68,26,200 in two months.

Top Performing Crypto Tokens

Let us tell you here that crypto tokens are different from crypto coins and can be based on the existing blockchain network.  Therefore, they are also easier to create than crypto coins, which require their own blockchain to work.  This is the reason why there is a flood of crypto tokens in the market.

These tokens are like the edge of the wild rollercoaster that all short-term investors are looking for.  However, make sure you invest your hard earned money in them very carefully.  If you have decided that you want to invest in it, here are some hot crypto tokens that have performed exceptionally well over the past two months.

Shiba Inu

No points for guessing here.  You can single-handedly call the Shiba Inu responsible for keeping the cryptocurrency world in the limelight over the past month.  With Tesla CEO Elon Musk in constant memories and a token fanbase backing his listing on Robinhood, the Shiba Inu has done well once again after slashing prices earlier this month.  The net result was that the token has gained over 638 percent in the past two months from a price of around Rs 0.0005 to Rs 0.004.

Chromium

Chromia is a tokenization of a blockchain platform for decentralized apps.  Chromium has seen a huge jump in the past two weeks.  Mainly after the announcement of a collaboration with Revolve Games.  The token has risen from the earlier price of around Rs 26 to the current trading price of Rs 92, registering a growth of over 200 percent.

Cartesi

To improve smart contract programming, Cartesy was the hottest token of the past week, with more than 50% rise in value in seven days.  In two months, the token established an impressive growth of 131 per cent, rising from around Rs 46 in the beginning to around Rs 119 at the end of two months.

Enjin Coin

A token of Enjin - a blockchain-based gaming products firm.  Enjin Coin has registered gradual growth over two months.  It maintained a high of 73 per cent during this period.  While it used to retail for around Rs 120 two months ago, it now has a token price of Rs 236 for a single unit.