5 Cryptocurrencies Redditors are Buying for 2022 and Beyond

3. Ripple

Ripple is the cryptocurrency used by the Ripple network, a blockchain used by hundreds of banks around the world already. The Ripple network offers secure, fast, and cheap cross-border payment options. The coin was first released in 2012 and has now become one of the most popular across the world with a market capitalization of over $40 billion. One of the primary uses of the Ripple network is to facilitate rapid conversion between different currencies. As the gig economy takes off, the Ripple coin could increase in value dramatically. 

Compared to traditional banks, which take days or weeks to handle large transactions, the Ripple network manages big payments within seconds. It also charges a low fee of 0.00001 Ripple for a standard transaction. The currency has thus become a favorite among Redditors who have been buying it for 2022.