TOP 5 LOW-COST CRYPTOCURRENCIES WITH GREAT POTENTIAL IN 2022

Cryptocurrencies are all in rage these days, particularly with speculative investors. What earlier used to be a fringe investment is now at the front and center of the financial revolution. Even top international and national press institutions keep a close eye on the daily movements of the crypto coins and other digital currencies.

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1. XRP
   Current Price: US$0.6488

XRP is an open-source cryptocurrency that uses an open-source distributed ledger called the XRP ledger. It is the native coin of Ripple, which is an enterprise blockchain company that facilitates global transactions. The creators claim that XRP was built for payments and can settle transactions faster than most other cryptocurrencies securely and efficiently.

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1. Cardano
   Current Price: US$0.8438

Cardano is a research-based cryptocurrency built by engineers, mathematicians, and cryptography experts. It is open-sourced and decentralized, with consensus achieved using proof-of-stake. It can also facilitate peer-to-peer transactions with the ADA token.

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1. Polkadot
   Current Price: US$17.09

According to its creators, the DOT token primarily serves three main purposes, which include providing governance for the network, operating the network, and creating parachains by bonding Polkadot tokens. The crypto has roughly gained 468% this year and continues to remain one of the low-cost cryptocurrencies with great potential in 2022.

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1. Dogecoin
   Current Price: US$0.1421

Dogecoin originated something out of a joke, but it quickly became quite real for those who are profiting from it. The current DOFE price is about 4,889% higher since the beginning of the year. Along with its success and affordability DOGE makes it a lucrative career option. Earlier this year, DOGE rose to prominence after Musk’s tweet, which reassured his support towards this crypto, enabling it to gain real profits.

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1. Shiba Inu
   Current Price: US$0.00002349

Shiba Inu is another meme cryptocurrency that is also one of the biggest rivals of Dogecoin. Despite its whimsical beginnings, SHIB has managed to gather a growing and faithful community, which is also one of its biggest selling points. The community has also created an NFT project around SHIB that has enabled it to gain more attraction from investors.

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