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Cryptocurrencies are all the rage these days, particularly with speculative investors. What used to be a “fringe” investment is now front and center in the financial press. Even financial networks like CNBC talk about bitcoin daily and keep a ticker up on the screen showing the current price.

Put this all together and now even the average investor is well aware of bitcoin and the cryptocurrency movement. However, bitcoin is not the only cryptocurrency out there.

There are plenty of other options if you want to get your crypto fix away from the big names. Just be aware that each cryptocurrency is unique, and you should consult your financial advisor before you invest in any of these speculative products.

What Are the Top Cheap Cryptos To Buy?

If you’re ready to invest in some crypto, check out the following 10 cheap options that could generate nice returns in 2022.

1. XRP (XRP)

  • Coin price as of Aug. 2: $0.3692

XRP is an open-source cryptocurrency that uses an open-source distributed ledger called XRP Ledger. It was developed by Ripple, an enterprise blockchain company that facilitates global transactions. Ripple says XRP was built for payments and can settle transactions faster, more reliably and at a lower cost than is possible over standard global payment infrastructure.

Ripple is currently embroiled in a lawsuit brought by the U.S. Securities and Exchange Commission, which alleges it engaged in unregistered securities trading. However, a new lawsuit by a government watchdog group — alleging that SEC officials are biased against Ripple and XRP — could help to resolve the suit against Ripple in investors’ favor.

Despite the uncertainty surrounding the suits, Ripple’s On-Demand Liquidity payment product grew ninefold between the second…

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