Which Altcoins To Buy in 2022?

Among over 15,000 types of cryptocurrencies in the market, Bitcoin takes a bigger piece of the pie — 40% of the total cryptocurrency market cap. Anyway, the crypto universe has got new coins which are now referred to as “altcoins.”

What are altcoins? Why pay attention to them? Which altcoins to buy nowadays and especially in the unstable 2022 year? Stay tuned — here, you’ll get the answer!

In case, you already know a lot about altcoins, and like to swap — Swapzone is that very place! EXCHANGE ALTCOINS AT THE BEST RATE HERE

Altcoins: What’s Behind?

To put it simply, Altcoin is crypto different from Bitcoin (“alternative” + “coin”). The first one was launched in 2011 and today, according to CoinMarketCap, there are over 15,000 coins in the crypto ecosystem.

Basically, you can separate altcoins based on their functions and consensus mechanisms.

Take a look:


Crypto is incredibly volatile, so then? Stablecoins! They have been created to make crypto stable since they are pegged to real-world assets such as USD. Examples of stablecoins include Tether (USDT), USD Coin (USDC), Binance USD (BUSD), etc.

Meme Coins

The crypto space is full of…..memes! Well, how about meme coins? That’s not a joke! These cryptocurrencies were inspired by memes on social media. Everybody knows Dogecoin — the first-ever meme coin, which was inspired by a popular Doge meme of the Shiba Inu in 2013. The renowned examples of 2021 are Shiba Inu (SHIB), Kishu Inu (KISHU), and Hoge Finance (HOGE).

Utility Tokens

A more serious type is utility tokens which are used to access services within a network. They serve to pay for services, fees, or even redeem rewards. Catch the examples: Siacoin (SIA), District0x (DNT), Chainlink (LINK).

Security Tokens

These kinds of altcoins are comparable to securities that are traded on exchange platforms. They often promise equity in the form of dividend payouts or ownership.

Mining-Based Altcoins

These altcoins employ the Proof-of-Work consensus algorithm and that’s how they are mined/created. Some noteworthy mining-based altcoins include Litecoin (LTC), Monero (XMR), Zcash (ZEC), among others.

Pre-Mined Altcoins

This type of altcoins is not mined. Instead, they are distributed before they are ever listed on any cryptocurrency exchange. A perfect example of a pre-mined altcoin is Ripple (XRP).

Alright! Finally, we’ve covered all types of altcoins, however, we bet there will even be more in the nearest future. Don’t you think so?

Now, you’re ready to learn deeper! Stay tuned and keep reading following this link.

Read: Which Altcoins to Buy in 2022?

Discover the trends of 2022 and grab the strategy on profitable and wise crypto investing! Explore and make a profit!

Read: Best Crypto Exchange for Altcoins

To avoid losses and keep a profit, you need to trade on a proper crypto exchange. How to choose one? Discover here!

Read: How to Find Altcoins?

Found altcoins, chosen the exchange, and ready to buy? We need to find the good ones! Find here!




📈Best rates and exchange providers💸 fastest transaction speed 🪙 Swap your crypto instantly🚀 with the star deal on https://swapzone.io/

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Market Cap: Bitcoin shows no signals of slowing down marking another All-Time High record at $49K

When it comes to technology, never say never

Bitcoin Core vs Bitcoin Cash — Where We stand

Bitcoin for President

Sylor161 Studios to release nearly 10,000 NFT CRYPTO GIRLS “WAG”

[At Stake] — Highlighting Everything PoS

SWACE App — first inside view

Impact Of Comdex On The Commodities Market

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


📈Best rates and exchange providers💸 fastest transaction speed 🪙 Swap your crypto instantly🚀 with the star deal on https://swapzone.io/

More from Medium

What are Asset-Backed Tokens and Which Assets can be Tokenized?

7 Crypto Gaming Projects + Bonus

How to Earn More on Crypto: 4 Steps

How to Buy Galaxy Heroes Coin New ($GHC) — Beginner’s Guide

How to Buy Galaxy Heroes Coin New ($GHC)