Cryptocurrencies have had a quiet start of the year as investors worry about the new hawkish tone of the Federal Reserve. The bank has already started tightening by increasing the size of its asset tapering. It has also hinted that it will start a rate hike cycle. In this article, we will look at the top 3 cryptocurrencies to buy in January 2022.
NEAR Protocol
NEAR Protocol is a fast-growing blockchain platform that has become a popular cryptocurrency. It is an Ethereum-killer that is known for its speed because of its sharding technology.
It launched phase zero of the nightshade sharding technology in November last year. This year, the developers will continue unveiling the other phases of this technology, which will make it faster than other Ethereum-killers.
The NEAR price has jumped by 170% from its lowest level in December last year. The rally happened as investors cheered the launch of sharding and the integration of Terra in its platform. It helped to push the total market capitalization of the network to more than $10 billion.
NEAR is a good cryptocurrency to buy in January as the bullish momentum continues. That will push it to the next key resistance at $25, which is about $10 higher than the current price.
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