Analytics Insight has published a report written by Sayantani Sanyal on the current cryptocurrency meltdown and the altcoins that should be bought during this crash that has discouraged investors.

Sanyal said that since bitcoin is not an investment option at the moment, altcoins will have to compensate for the rest of the cryptocurrency investment strategies.

Here are the top altcoins that investors should be aware of in 2022, but make sure you're prepared to take any losses.

Ethereum

Ethereum witnessed a significant decline when Bitcoin touched its lowest levels, then Ethereum recovered and finally settled at $2000.

Although it is still in a very volatile place at the moment, it would be a much better option to invest than Bitcoin.

USD Coin (USDC)

When the price of TERRA UST fell, most investors became skeptical about investing in stablecoins.

But the USD Coin may be a better investment than the terra USD Coin, because its value remains stable in the dollar.

USDCOIN can be used for many purposes.

Not only does it provide protection against volatility, but it is also accepted on many exchanges for payment purposes.

Cardano

Even after market volatility, Cardano has not lost its reputation as an active blockchain venture.

It is one of the fastest growing cryptocurrencies that also has the largest “blockchain” to successfully use the “Proof of Stake” consensus mechanism which is less power consuming than the Proof of Work algorithm.

XRP

XRP, the original token for the Ripple network, offers a cheaper and more efficient alternative to the popular SWIFT system for processing international transactions.

It operates independently of the Ripple economy, although Ripple uses it for different purposes.

BINANCE USD

It is the original currency of one of the largest cryptocurrency exchanges in the world.

It is focused on bringing cryptocurrency exchanges to the forefront of financial activity on a global basis.

Although it seems that it is currently suffering because almost all cryptocurrency exchanges are suffering due to declining crypto values, it has proven to be a more profitable investment than many other cryptocurrencies in the market.

Apecoin

Most investors are turning to the “non-fungible tokens” (NFT) market amid dwindling crypto market conditions.

Apicoin is one of the world's most popular NFT groups, short for Bored Ape Yacht NFT.

Over the past few weeks, APICOIN has seen a massive increase in transactions as more and more investors started joining the “non-fungible tokens” market.

"Decentraland"

This coin has become a popular name in the crypto market after the "metaverse" became widely known.

Over the past two days, the number of D-Centraland users has increased by 3300%, resulting in a massive increase in price.

De Centralland is one of the largest cryptocurrencies in the metaverse world.

Sandbox

It is another of the Metaverse cryptocurrency.

It has risen remarkably recently.

Although the cryptocurrency market is in a weak state at the moment, this currency has maintained a stable price as a profitable investment due to the increasing popularity of metaverses.

Avalanche

Avalanche was the rising star of the cryptocurrency market before the crash began.

In 2021, this token registered a massive growth of at least 4500%, outperforming many major cryptocurrencies.

Since it is also in a similar position to the rest of the cryptocurrency, it has not experienced any massive declines.

However, its current position has been predictable since the entire crypto market plummeted.

Dogecoin

This coin rose for a short period of time when Elon Musk announced his acquisition of Twitter.

It's quite a volatile cryptocurrency, given that one signal from Musk makes it move violently, and because Musk may add it to the Twitter payments system, it may soon regain market dominance.