With over 20,200 altcoin projects, the cryptocurrency market offers a wide spectrum to those looking for great deals. Each of these projects has positive aspects as well as negative aspects. Therefore, choosing which one to invest in is pure chaos. Quantum AI, an artificial intelligence bot, offers analytics from different types of financial instruments to find a solution to this problem.
Here are 6 potential cryptocurrencies for artificial intelligence selection 2022
Bitcoin (BTC)
With a limited supply of 21 million, Bitcoin is still among the top cryptocurrencies to invest in. The leading crypto is also appetizing for risk lovers as it is subject to the highest volatility. Meanwhile, Mike McGlone, a senior analyst at Bloomberg, says that Bitcoin will soon climb to $100,000. Don’t miss the report by Kevin Svenson, which analyzes market cycles.
Ethereum (ETH)
In a list with Bitcoin, Ethereum, which has already completed the PoS transition, should not be overlooked. In addition to being an investment tool, Ethereum stands out with the technology it offers. Apart from that, you can access various crypto money companies with ETH. Basically, the Ethereum network is a home for decentralized platforms. Also, with the merge, it aims to be deflationary just like Bitcoin.
Dogecoin (DOGE)
While DOGE is far from being a functional cryptocurrency, celebrity support is closing that gap. According to Tesla CEO Elon Musk, Dogecoin will have a lot of real use cases in the future. The most likely of these is that Twitter now wants to be paid DOGE for tweeting. These claims are based on documents that emerged from a lawsuit between Twitter and Elon Musk.
Tether (USDT)
USDT is not exactly an investment vehicle. Instead, it aims to protect its investors from market fluctuations. If you will be trading with a much larger wallet in the future, USDT will be your safe haven.
Ripple (XRP)
XRP is one of the cryptocurrencies with the highest potential for 2022 and the coming years. It is considered a very futuristic token due to its low transaction cost and speed. By the way, the developers of XRP came from the ETH company itself. However, XRP is currently under pressure due to the SEC litigation that started in late 2020. In September, we saw that positive news from the legal process could result in a rally. cryptocoin.comAs you follow, the next big reveal will be on October 24.
Litecoin (LTC)
Litecoin basically offers a faster blockchain than Bitcoin. It also remained one of the market’s limited PoW networks after the Ethereum merge. LTC, unlike Bitcoin, has a smaller amount of price fluctuations. However, it still has the same growth potentials. Investors looking for a similar alternative to Bitcoin can consider its clone Litecoin.
