12 Best Cryptocurrencies to Invest in 2022

  • September 17, 2022

12 Best Cryptocurrencies to Invest in 2022

Welcome to our Website Latest News Of Crypto.Here We Tell You 12 Best Cryptocurrencies to Invest in 2022 A new crypto winter may be upon us, but cryptocurrencies have always rebounded after every previous bear market.

So investors need to stay vigilant and look for opportunities while the market is down.

Investing a very small amount in cryptocurrency can yield huge returns with the right time and the right choice, but it is not as simple as it involves risk.

Cryptocurrency investors should consider all options before investing. So, what are the best cryptocurrencies to buy and invest in 2022? This article explores the 12 most promising crypto investments in 2022.

12 Best Cryptocurrencies to Invest in 2022

1. Bitcoin(BTC):

There is no doubt that Bitcoin is the most established of all cryptocurrencies. As a leader in the cryptocurrency industry, it is easy to understand why, as it has a much higher price and market cap than other investment options.

Many companies have already embraced Bitcoin, making it a smart investment. For example, Visa accepts Bitcoin transactions. Larger banks are also considering offering Bitcoin transactions.

Tesla announced that the company had invested $1.5 billion in January 2021 as part of its $2 billion investment in the cryptocurrency Bitcoin. For a while, Tesla has embraced Bitcoin for car payments, and may do so again if mining is less harmful to the environment.

12 Best Cryptocurrencies to Invest in 2022

2. DeFi Coins – DeFi staking coins with up to 75% APY return

DeFi Coin (DEFC) is one of the best new cryptocurrencies you can buy today. Despite the disastrous decline of other crypto options since the beginning of the year, the coin has surged more than 500% over the past week on news that DeFi Swap, the company behind the DeFi coin, has launched the first long-awaited cryptocurrency exchange. Time.

Buying DeFi Coins is now easier than ever. DeFi Swap also functions as a decentralized staking platform, offering a percentage equal to 30%-75% APY when you have a stake in DeFi Coins. To get the best price on DeFi coins, you need to be locked out for 360 days.

It is important to note that DeFi coins are designed to encourage long-term investment. Each DeFi coin sale is subject to a 10% fee designed to incentivize investors to hold the coin even if the price rises. Therefore, DeFi coin investors should consider holding the token for a while.

3. Lucky Block

Lucky Block is a play-to-earning crypto game that gives players a chance to win a daily prize of $22,000. Entry is free when players connect their wallets to Lucky Block, with additional tickets costing $5 each.

Lucky Block is expected to be one of the next cryptocurrencies to explode after the first draw in mid-October. Lucky Block will also be releasing an NFT game that will give players a chance to win $10 every day.

The Lucky Block token, also known as LBLOCKS, is the native cryptocurrency associated with the Lucky Block platform. What makes this coin stand out as it is set aside as a reward for token holders is 10% of the daily prize pool draw. Lucky Block tokens allow you to earn income from a continuous source of income. Not to mention the coin price goes up as the game grows.

4. Polygon (MATIC) – Layer 2 platform for Ethereum dapp platform

As a Layer 2 platform that is increasingly important in reducing Ethereum transaction costs, Polygon is an integral part of Web2 because of its role as a Layer 3 platform.

The Polygon platform is a design that supports infrastructure development and facilitates the scaling of Ethereum. Matic POS is a modular and extensible framework (Polygon SDK) based on the project’s flagship product, the Chaino SDK. It allows developers to build and connect Layer-2 infrastructures like Plasma, Optimistic Rollups, ZkRollups, Validium, and standalone sidechains like Chaino SDK. In February 2021, Polygon rebranded from the Matic Network to focus on supporting multiple Layer-1 networks.

5. Tikka Token (TIKKA) – Polygon-based WAT that provides first-class asset advisory

Year after year, the TIKKA token will continue to make waves in the cryptocurrency world. WAT (Wealth Access Token) is a cryptocurrency built on top of the Ethereum ERC-20 network aimed at supporting investors’ financial development.

TIKKA is the brainchild of Cube Wealth, one of India’s most prominent fintech companies. Polygon’s developers built TIKKA on Polygon, understanding that Polygon is the most optimal scaling solution. A rising star in a thriving ecosystem, TIKKA opens the door to powerful asset advisory services, new financial technologies, high-quality cryptocurrencies and virtual assets on Metaverse.

6. Sandbox (SAND)

Leveraging non-fungible tokens (NFTs) and utility tokens, sandboxes provide gamers the opportunity to create, own and monetize their activities. An NFT is essentially a proof of ownership.

NFTs allow you to assign verifiable ownership to digital assets, integrate them into games, and trade them on the marketplace. Among the tools available are Game Makers, which are specifically designed to promote player engagement.

7. Ethereum (ETH) – a blockchain network with smart contract capabilities

As a mobile platform for decentralized applications (dApps), Ethereum needs no introduction. Ethereum’s network makes it easy for these apps to run as smart contracts. Smart contracts allow the entire process to be decentralized as certain transactions can no longer be mediated by intermediaries.

The GAS fees associated with Ethereum have been widely criticized, but thanks to the upcoming Ethereum 2.0 upgrade known as Ethereum Merge, there is good news soon. With this upgrade, Ethereum will transition to the ‘Ethereum Proof of Stake’ protocol by December 2022.

8. Engine (ENJ) – game community platform, virtual goods marketplace

Another game-focused blockchain product, Enjin Coin, aims to become a cryptocurrency for in-game purchases. With a 250,000 gaming community and 187,000 gamers, Enjin hopes to become “the largest online gaming community platform”.

Enjin is one of the pioneers in the field of NFTs, reported to have developed tokens approved by ERC-1155, the Ethereum standard for specialized NFTs.

9. Decentraland (MANA) – Metaverse Virtual World

Another good cryptocurrency to invest in is Decentraland, a virtual world like Sandbox. It also includes LAND tokens that run on the Ethereum blockchain and are purchased as ERC-20 compatible MANA tokens.

Another way to assign ownership of digital real estate is through the use of NFTs. Similarly, you will find the most valuable LANDs in your busiest locations, just like in the real world.

In a sign of surging interest in Metaverse and its commercial opportunities, NFT specialist platform Tokens.com has invested nearly $25,000 in LAND in the virtual world.

10. Curve (CRV) – Decentralized Exchange

As a leader in Decentralized Finance (DeFi), Curve Protocol has experienced rapid growth. Its strategy initially focused on using stablecoins to create a more stable source of loan yields. Curve does not use an order book for the market, but instead uses an automated market shaping solution based on liquidity pool trading pairs.

It is now the place to trade a variety of fixed-value coins, including wrapped tokens that run on non-Ethereum blockchains that Curve runs on.

11. Solana (SOL) – Highly scalable blockchain network

The Solana Blockchain Network is a public blockchain network that implements smart contracts and operates similarly to Ethereum. Nevertheless, Solana differs from Ethereum in that it uses a consensus algorithm called ‘Proof of History’ that can perform thousands of transactions simultaneously. Solana is also considered greener because it dramatically reduces the computations required for validation.

This has made Solana an option for dApp developers and NFT creators looking for an alternative to Ethereum. Now Solana hosts many of the best NFTs for sale, creating a snowball effect and attracting more creators.

12. Chainlink (LINK) – Decentralized Oracle Network

The purpose of Chainlink is to efficiently and securely integrate smart contracts with real-world events. A smart contract is a piece of code that encapsulates some business logic, for example when charging interest on a loan. In order for the smart contract to know when to pay the lender, it needs to provide a calendar date (in this case).

‘Oracle’ is basically a different kind of data feed that exists off-chain, so this is where real information like this comes from. Chainlink is an independent network of Oracle nodes operating over the Internet and is much more secure than previous Oracle services.

13. PancakeSwap (CAKE) – Decentralized Exchange

PancakeSwap is a decentralized exchange (DEX) based on the Binance Smart Chain (BSC) and trades using an automated market formation system. The PancakeSwap fork is a variant of the SushiSwap DEX.

A fork is a new cryptocurrency that shares its codebase with others but with additional features. Basically, the DEX runs on the Binance Smart Chain, making trading faster and cheaper.

Conclusion – Best Cryptocurrencies to Buy in December 2022

Currently, the cryptocurrency market is struggling with dire currency terms as risky assets deteriorate. In particular, altcoins underperform Bitcoin in the current market.

Bitcoin price is currently struggling to stay above the $28-30 range and there are concerns about when the crypto price will bottom out. A breach of support at $28 could cause Bitcoin to fall below $20,000.

The worst recession may be behind us, but given the uncertainty prevailing in the market today, dollar cost averaging may be a reasonable step to mitigate the risk of price volatility.

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