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The 9 Most Popular Cryptocurrencies in 2022
The crypto market has began this year in a docile manner, despite the fact that the crypto ecosystem has enormous potential. In this analysis, we look at the best cryptocurrency for 2022 that you can add to your portfolio as the market grows.
Bitcoin (BTC)
Bitcoin is the standard bearer for blockchain-based assets and is one of the most popular cryptocurrencies to watch in 2022.
Bitcoin, dubbed the “digital gold,” has a total weight of just 21 million coins, making it the foremost digital currency deflationary from the start. In addition, BTC has the highest portion of the crypto market, accounting for little more than 40%.
Intel, the world’s largest chipmaker, recently unveiled plans for specialized crypto mining processors. Intel announced in its 2022 Conference Agenda that it will introduce a low-voltage, energy-efficient Bitcoin mining equipment.
The application-specific integrated circuits (ASICs), which are expected to hit the market in late February, will assist Bitcoin mining companies in addressing their energy production.
BTC has yet to respond to the news and is now trading in the red at $41,518.96, down 0.91 percent in the previous 24 hours.
