10 Best Web 3.0 Cryptocurrencies To Buy for 2022

0


Programmer working late in his office.

vgajic / Getty Images

Since Web 3.0 is meant to operate via decentralized protocols, which are the foundation blocks of crypto technology and blockchain, there will be a growing relationship between these three technologies. 

What Is Web 3.0?

Web 3.0 is the third-generation internet, where apps and websites will process information in a much more human-like way. Technologies like Big Data, machine learning and decentralized ledgers will allow Web 3.0 to prosper. 

Considering this, here are ten Web 3.0 cryptocurrencies to buy in 2022. 

10 Best Web 3.0 Tokens for 2022

Here are the top Web 3.0 cryptocurrencies to buy this year. 

1. Helium (HNT)

Helium is a decentralized network powered by blockchain for the internet of things, or IoT, devices that use the proof-of-coverage algorithm. 

With Helium, users can build wireless infrastructure on any scale without acquiring too much cost. The platform is based on the PoC algorithm. Miners can earn Helium’s native token, called HNT, as rewards. 

The current price of HNT is $28.48, and it has a market cap of around $3.13 billion as of Jan. 27, 2022. 

2. Chainlink (LINK)

Chainlink is a decentralized network built on Ethereum that facilitates the creation of smart contracts based on real-world data. It can integrate with any blockchain, which is why it has become a widely used platform for oracle services. 

Chainlink’s current price is $15.00, and it has a market cap of about $7 billion as of Jan. 27, 2022. 

3. Filecoin (FIL)

Filecoin is a decentralized storage network where users can earn the platform’s token by renting the storage space in their hard drive space. Anyone can be a storage provider in Filecoin’s network, whether you’re an individual or a data center. 

The more storage you provide to the Filecoin network, the more transaction fees and tokens you can earn. 

The token’s current price is $19.20, and it has a market cap of about $2.96 billion as of Jan. 27, 2022. 

4. Flux (FLUX)

Flux is made to help developers create Web 3.0 applications and deploy them on different networks. It can also be used to create decentralized projects. Flux offers an oracle design with an exclusively decentralized infrastructure that lets users access data on- and off-chain. 

The current price of Flux is $10.51, and it has a market cap of close to $33.9 million as of Jan. 27, 2022. 

5. Theta (THETA)

Theta aims to be the next-generation entertainment and video that’s blockchain-powered by its users. It aims to facilitate the delivery of decentralized video for users, with enterprise validator nodes from Sony, Google, Samsung and other companies.  

The current price of Theta is $2.99, while it has a market cap of nearly $2.99 billion as of Jan. 27, 2022.

Good To Know

Besides these tokens, some other Web 3.0 tokens worth investing in are Arweave and Basic Attention Token. Make sure you check the market trends and news surrounding these tokens before investing in them.

6. The Graph (GRT)

The Graph is an indexing system that can be used to organize blockchain data, which can further be filtered and queried by members. It is both a low-level blockchain indexing protocol and a high-level cryptographic ledger built upon that protocol.

The current price of The Graph is $0.4036, while the market cap is around $1.9 billion as of Jan. 27, 2022.

7. BitTorrent (BTT)

With more than two billion users and 200 million wallets, BitTorrent is a leading software company that has torrent client software for Mac, Android, Windows and more. It touts itself as “the world’s biggest distributed network” and provides secure streaming and downloading for torrent products.

The current price of the BitTorrent token is $0.002176 while it has a market cap of about $2.15 billion as of Jan. 27, 2022. 

8. Siacoin (SC)

Sia is a blockchain platform that uses a peer-to-peer network to create a digital platform where users can pay hosts to rent their storage space. 

Since the users’ data is encrypted across the network, no third party can access this information instead of conventional cloud storage services.

The current price of Siacoin is $0.009635, while it has a market cap of around $4.77 million as of Jan. 27, 2022.

9. Livepeer (LPT)

Livepeer is a decentralized network that changes how video streaming works with blockchain technology and peer-to-peer protocols. The network allows “Live Peers” to stream video and provides a platform for decentralized video transcoding and distribution.

The current price of Livepeer is $24.31, while it has a market cap of almost $5.15 million as of Jan. 27, 2022.

10. Polkadot (DOT)

Polkadot enables transfers of any asset or data across blockchains. Its service is not limited to tokens. With Polkadot, users can interoperate with multiple blockchains in the native Polkadot network. 

The current price of Polkadot is $18.03, and it has a market cap of about $17.7 billion as of Jan. 27, 2022. 

Final Take

Considering the advent of Web 3.0, the rise of Web 3.0 cryptocurrencies is inevitable. 

Web 3.0 is built on the concepts of greater utility, openness and decentralization. Since the proponents of these concepts are increasing with every passing day, the higher support for them is likely to result in Web 3.0 tokens becoming lucrative investments. 

Data is accurate as of Jan. 27, 2022, and subject to change.

GOBankingRates’ Crypto Guides

Our in-house research team and on-site financial experts work together to create content that’s accurate, impartial, and up to date. We fact-check every single statistic, quote and fact using trusted primary resources to make sure the information we provide is correct. You can learn more about GOBankingRates’ processes and standards in our editorial policy.

About the Author

Scott Jeffries is a seasoned technology professional based in Florida. He writes on the topics of business, technology, digital marketing and personal finance.

After earning his bachelor’s in Management Information Systems with a minor in Business, Scott spent 15 years working in technology. He’s helped startups to Fortune 100 companies bring software products to life. When he’s not writing or building software, Scott can be found reading or spending time outside with his kids.



Read More: 10 Best Web 3.0 Cryptocurrencies To Buy for 2022

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments