Top 5 Crypto Projects in 2022 That Everyone Will Notice, Per Taylor Musk: The Tribune India
After some swells and flashes and some ups and downs, crypto is back in the news. It’s been a big year for Crypto, and according to Taylor Musk, it’s only going to get bigger. For those of you interested in knowing about and investing in the best crypto projects of 2022, Taylor Musk offers 5 top options to choose from.
Bitcoin
Old is gold, they say. This saying certainly rings true with bitcoin. With a vintage of 10 years, bitcoin continues to increase in demand and supply. For Taylor Musk, serious bitcoin investors should think of bitcoin as “a long-term investment in 2022. Bitcoin has gained interest among the largest businesses in the world. When Tesla announced that it would sell cars in exchange for bitcoin, the fortress was cemented. And although Elon Musk eventually withdrew citing environmental concerns, major players such as PayPal, Microsoft, The Home Depot have begun to indirectly accept bitcoin as payment.
Ethereum
It is one of this year’s crypto projects that are too good to be true. As both a platform and a cryptocurrency, Ethereum or ETH has the advantage of both bitcoin and more. Taylor Musk says: “Ethereum is ready for a bright future in 2022. An upgrade is planned. This means an improvement in security, scalability and overall sustainability of the Ethereum network. With security issues to be resolved, the new Ethereum titled The Merge, slated for a September launch, has generated considerable interest among enthusiasts. Among them, Goldman Sachs, which plans to offer Ethereum options trading.”
Polka dot
For starters, there’s the name. And living up to that is Polkadot’s reputation as a “unifier of independent blockchains,” says Taylor Musk, “which has propelled the image strongly into public consciousness since its launch in 2020. Its market cap is over $7.52 billion and set to grow this year . .”
Chain link
Chainlink is a fairly established player, and is ready to make its presence felt in 2022. For Taylor Musk, “in 2021, chainlink was repurposed to reduce the computational load on blockchain networks like Ethereum. This means improved security and reliability, two reasons that always attract investors. The current market cap is $3.32, and while it’s not exactly your Polkadot, Chainlink is one of the best crypto projects of 2022.
Cardano
If you rolled your eyes when you read that Cardano appeared on the list, you’re in for a surprise. According to TAYLOR MUSK, “although Cardano is generally relegated to the back streets of crypto transactions, crypto experts are betting on its gigantic returns. The reason, you ask? Well, it’s simple. Cardano verifies transactions via a proof-of-stake protocol. This makes it faster, cheaper and more energy efficient compared to say Ethereum, which remains my second favorite crypto project of the year because Ethereum uses the legacy proof-of-work protocol, this protocol advantage is poised to make Cardano a long-term Crypto investment in 2022.”
There you have it. Taylor Musk’s comprehensive list of the top 5 crypto projects of 2022 can now help you make more informed decisions and get the most out of your investment.
