10 Best Cryptocurrencies to Buy or Invest in September 2022
Cryptocurrencies are digital currencies that use cryptography to maintain security over transactions and identities on a network of independent nodes. They have been touted as a new way of transacting online that enables users to take back control over their money, giving them an equal footing against powerful financial institutions such as credit card companies or bank chains.
Cryptography has emerged as a technological breakthrough that offers revolutionary capabilities to the world, making it possible for people to transact with anonymity and decentralize financial markets.
Several other cryptocurrencies are in circulation, but the most popular and widely known ones are Bitcoin, Ethereum, Litecoin, and Ripple. Our top list lists all the cryptos with the potential to make the world money and will come to be used by everyone.
Top 10 Cryptocurrencies To Buy In September 2022
On a percentage scale, Bitcoin is the king of cryptocurrency, having over 60% of the market capitalization of all other coins combined. In addition, the current valuation of one Bitcoin is over $29000, making it the highest valued currency.
Despite this, Bitcoin is not without controversy. The value of Bitcoin has changed dramatically in the past few years. In 2017 alone, it increased from nearly $1000 to $19000 and back down to $8500.
Its volatility has been attributed to several factors, including legal issues, speculative bubbles, and market manipulation. Yet, despite all this controversy, the world still seems interested in trying out cryptocurrency and investing in the chance to make money off of a potentially revolutionary new paradigm.
Ripple is a blockchain company that offers a global payment system for companies. It can settle transactions in seconds at very low fees – already making it one of the leading payment networks in use today, and it is quite rapidly approaching Bitcoin’s status. Despite this rapid growth, however, Ripple is still largely unknown by most users of cryptocurrency – despite it also being available on most major exchanges worldwide.
As of the beginning of January 2014, anyone wishing to buy XRP would have been limited to 0.00001 XRP per dollar – this only became possible due to Ripple’s use as a bridge currency for banks.
As you might have guessed, Ripple is mainly presented as a financial tool for banks.
But unlike Bitcoin, it is not entirely open-source – although OpenCoin is clear and explicit that they intend to make it open source in the future. Indeed, it is under OpenCoin’s terms that all companies which wish to join their network must first buy into their cryptocurrency (XRP). Alongside XRP, Ripple also now offers a service that allows for transferring any other currency to XRP.
This is a useful tool for traders who have large amounts of coins that they wish to exchange into XRP or for those who need to pay bills or transfer funds across borders – and it is used by many mainstream companies such as American Express and Santander. As Ripple’s user base continues to grow, its current focus is on expanding the flow of international remittances.
Theta Network (THETA)
The Theta Network is a decentralized peer-to-peer network that offers three main features: streaming videos, content sharing, and instant messaging. It aims to provide a censorship-free content platform for users all over the world.
Theta can be defined as the first video delivery protocol that fully leverages decentralized infrastructure to deliver high-quality streams. It is powered by the “theta token,” which will be used in exchange for video feeds or to purchase data from service providers.
Theta plans on having two types of channels – “publishers” with live streaming and “owners” who store their videos on the network.
The idea behind the Theta network is to enable video streaming on the blockchain. With blockchain technology, video streamers can be paid directly for their content.
As an added feature, publishers and owners can create their own YouTube channel with customized subscription plans for their audience.
This will allow customization of prices, promotions, and bonuses to make collecting money from viewers more enticing. In addition, once you have finished recording your stream, you can display it on a single page, which will be available in all major search engines.
Viewers will be able to access your full profile with links to social media sites such as Steam so that they can decide if they want to watch more of your videos or not.
Stacks is a decentralized cloud gaming platform built to connect game developers and gamers worldwide. The goal of the project is to facilitate communication between developers and gamers with the use of cryptocurrency.
With a dedicated development team, Stacks aims to serve an infrastructure in distributed gaming by acting as an exchange hub for royalties, payments, and other transactions between games. Currently backed by its cryptocurrency, STX (also known as “Stacks Token”), Stacks also provides API modules that developers can use to create their platform utilizing the Stacks exchange hub.
Sandbox’s vision is to bridge the gap between traditional and blockchain-enabled economies by enabling real-life assets to be tokenized on the blockchain.
Through this approach, Sandbox wants to provide easy access to cryptocurrency investments for people outside the crypto community. To do so, they are creating an ecosystem where users can easily manage their investment portfolio through a single platform that will support all cryptocurrency assets, including but not limited to those created by Sandbox.
Sandbox has already started implementing some of the above components. However, the exchange platform is currently under development. It is being run as a crowdfunding campaign to gather funds for development. The exchange will allow users to deposit fiat currency (USD or EUR) to trade cryptocurrencies or make markets in the tokens they hold.
In addition to the exchange platform, Sandbox plans to create payment services that allow users to spend cryptocurrency assets in real life, similar to a debit card.
Helium is a cryptocurrency that uses proof-of-work consensus and operates on a non-mineable blockchain. It incentivizes stakeholders in the network to take part in securing it, as these stakeholders receive new coins as transaction fees. There are 100 million total helium tokens that will be released, with five billion available for circulation during the project’s lifetime. This will be accomplished through a recursive, rolling 30% pre-mine with 10% given to the founders, 5% given to early contributors and investors, and 5% shared between participants in the coin swap from BTC to HNT.
The system works as a peer-to-peer space where helium is utilized to pay for Internet bandwidth, file storage, and other content distribution services. The network is decentralized, with nodes maintaining the network, running the cryptocurrency software, and being paid in helium for the service.
It’s also referred to as multiple layer storage because it stores every transaction on every piece of data in multiple layers. When anything is stored on the blockchain, it looks like a normal Bitcoin transaction on there because all transactions are stored under one name; this way, it can be proven that an object exists. Essentially, you will never lose content on the blockchain because it will always be safe as long as it is stored in some kind of data structure.
Zilliqa (ZIL) is the world’s first high-throughput public blockchain platform – enabling secure data-driven decentralized applications to be developed on it – with a native token called Zillings (ZIL). ZIL aims to be the world’s first scalable blockchain platform with support for smart contracts and decentralized applications.
Zilliqa’s blockchain architecture is a hybrid of centralized and decentralized models. It uses innovative technology that supports highly-secure data-driven applications, which are currently impossible to build due to limitations on existing public blockchains such as Bitcoin and Ethereum. Zilliqa uses a programming language called ‘Scilla’ for contract code. The team behind Scilla claims it’s a “scalable, safe, smart contract language.
Zilliqa will have its own virtual machine – called the “Fiber” – developed by the Zilliqa team. This virtual machine can process up to 2,488 transactions per second (TPS). In addition, the Fiber can process up to 10,000 TPS, which is claimed to be 9x Ethereum’s current TPS.
The STEPN (GMT) cryptocurrency is a decentralized blockchain-based payment system that supports payments, remittances, and transfers. It has been created to provide a secure and reliable way for people to perform transactions without being exposed to the challenges often associated with centralized fiat currencies.
The currency will be backed by gold reserves, which will be used as collateral for its value. The reserve of gold has never been disclosed, but it is expected that when the currency goes public, it will be released in stages. The currency’s capitalization is held in escrow by a trustee and NEWS Solution, LLC.
According to the announcement on their website, STEPN was created as an alternative to both fiat currencies and cryptocurrency assets such as Bitcoin and Ethereum.
The currency was created to provide a secure and reliable way for people to perform transactions without being exposed to the challenges often associated with centralized fiat currencies. The announcement also claims that transactions made using the currency will not be subjected to international transfer fees or exchange rates.
According to the announcement, payments can be made anytime, anywhere in the world. The announcement also states that financial institutions will not be able to block, close, or otherwise disrupt an account belonging to a user of STEPN (GMT).
The Harmony (ONE) cryptocurrency is a decentralized cryptocurrency that was released on December 31, 2017. It is the first of its kind to be launched to be widely used by 99% – not just those who own or can afford cryptocurrency. The goal for this initial coin offering (ICO) was to seek funding for the project rather than make a profit and sell to speculators as many other cryptocurrencies do.
The Harmony (ONE) cryptocurrency has two important features that set it apart from other existing blockchain projects:
- It was designed for a social cause and not for speculative trading
- It has an easy-access web-based wallet, which makes using cryptocurrency as easy as using a social media account.
The Harmony (ONE) blockchain is the platform on which app coins called ONEs will be created. These ONEs will act like social coins that have real-world impact, unlike other cryptocurrencies that are only used for investment purposes.
The aim is to create a currency that is used by people in their daily lives for things such as paying for coffee, rewarding their family members or friends, buying products and services, and tipping people who deserve it.
Decentraland is a virtual reality platform powered by the Ethereum blockchain. It allows users to buy and use the land for any purpose. At this time, there are no limits to what you can do or create within this platform. The currency within the Decentraland platform is MANA, which you can purchase on any exchange.
You can also use MANA to create your very own virtual world within this platform. For example, you can buy a plot of land for as little as $1, depending on the location you’re eyeing up. On top of that, you can build whatever you want in this virtual world. You do not even have to pay any interest or transaction fees on this platform. This is a great way for those just starting to learn and experiment with the technology behind Decentraland.
You can also create anything in this virtual world without limitations or costs, making it an unbeatable bargain for those wanting to learn something new.
Additionally, if you wanted to pitch a virtual business idea, this would be a good place to try it out. The fact that users can create anything they want allows for new concepts and ideas to be pitched on the platform itself. This would also be a good place for users who want to earn cryptocurrency while learning some new skills simultaneously.