The Most Popular Altcoins in 2022

Hey there. Bitcoin is the most popular cryptocurrency today, but that may change by the end of next year. Many have predicted a shift to cryptocurrencies such as Ethereum and Litecoin, with some predicting Bitcoin will be relegated to “niche” status, if it isn't already dead. But what about alternative coins? Most of them were created for specific use cases such as privacy during online casino gaming, check out casinoroo.io. Or, are based on blockchain technology – none can hold a candle to its popularity and dominance. Let's take a look at which ones might come out on top within five years.

Litecoin

While not even close to Bitcoin in market cap or adoption (yet), Litecoin is currently ranked as the 4th largest crypto asset, with over $2 billion USD worth of LTC circulating. As the coin is considered an ‘alt-lite' version of Bitcoin, it has many similar features including decentralization and open-source code. It also has faster block times than BTC, meaning transactions complete quicker. For these reasons, it has been favored by users looking for speedier transaction processing and higher limits when sending money abroad. 

Monero

The second most popular altcoin, Monero is widely used for financial anonymity online. This means you aren't required to provide your name and address when making purchases on sites like Amazon and iTunes or using apps like Google Play and Apple App Store. Transactions are anonymous and untraceable until they reach their final destination. Unlike other cryptocurrencies, there are no mining rewards involved with this digital cash, so it is 100% profitable to transact on the network.

Ethereum

It was only two short years ago that people had never heard of this little known blockchain project, yet now it is one of the most important networks in existence today. While it doesn't quite match up to Bitcoin in terms of market capitalization.