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Top 5 Best Crypto to Invest in 2022



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January 7, 2022

Best Cryptos

Since there are thousands of cryptocurrencies in circulation, the best cryptos will help investors get better profit

The cryptocurrency market has grown tremendously over the past decade. Since Bitcoin was launched in 2022, other cryptocurrencies have joined the market, and now, over 10,000 coins are available. While this large number depicts that the crypto market has grown, it has proven hard for new investors to know the best crypto to invest in.

Though the profit can’t always be guaranteed, there are some coins you should be on the lookout for which could potentially be a good alternative to buying bitcoin.

When Bitcoin was created by Satoshi Nakamoto, the main objective was to solve the limitations of the traditional financial sector. Through blockchain technology, Bitcoin could make it faster, easier and more secure to make financial transactions. However, Bitcoin failed to meet the desired levels of scalability, and it now faces tough competition from other coins in the market.

The new cryptocurrencies in the market seek to solve the problems Bitcoin faces. Most of the new cryptocurrencies are supported by faster and secure networks, which have made them better options for crypto investors seeking to diversify their portfolios. 

 

Below is a list of the top 5 best cryptos to invest in 2022.

  1. Lucky Block – Overall Best Crypto to invest in 2022
  2. Avalanche – One of the most seeked after cryptocurrencies last year
  3. Polkadot – Considered one of the most promising projects for 2022
  4. Binance Coin – Crypto meant to explode in 2022
  5. Decentraland – The best metaverse coin to invest in 2022

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You can find an overview below of all the top 5 best crypto to invest in mentioned in this list.

 

1. Lucky Block 

At the top of the list, we have Lucky Block. This is one of the newest coins in the market, and it seeks to solve most of the limitations of Bitcoin and the older cryptocurrencies. Despite being a new token, it has features that ensure it is one of the safest investment options around. 

All their movement was done at first via the LuckyBlock telegram group, which now has over 15.000 members.

Lucky Block is an innovative platform, and it comes with a strong use case that makes it a viable investment option for both the short term and the long term. It seeks to offer solutions to real-world problems, and this usability not only gives the coin utility but also ensures that an investor can derive future value by investing in it.

Lucky Block steps in to make gambling easy, accessible and convenient. The internet has promoted online gambling, which has allowed companies and individuals to place their wagers online. Online gambling websites have become increasingly popular, and their fast growth has been attributed to demand from global players.

Lucky Block is a project that seeks to create a global lottery platform based on blockchain. The protocol runs on the Binance Smart Chain, giving it the desired scalability levels. Through Lucky Block, gambling is decentralized so that it is no longer restricted to geographical boundaries or local financial systems.

Additionally, Lucky Block seeks to bring transparency and fairness to online gaming by creating a platform where each player has a chance to win. Holders of the Lucky Block token also have a chance of growing their investment while contributing to the growing Lucky Block community. It looks like Lucky Block is the best crypto to invest in 2022.

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2. Avalanche 

The other best crypto to invest in is Avalanche. Avalanche is one of the most scalable projects in the blockchain space. Bitcoin is not the only old cryptocurrency in the market because we also have Ethereum. While Ethereum has strong use cases, it faces a major scalability issue.

The Avalanche blockchain seeks to offer scalability to decentralized finance (DeFi) developers. The network offers fast speeds, and the transaction fees are low. These features have made the network gain adoption, which has boosted the demand for AVAX tokens. 

Following the growing adoption of the Avalanche blockchain, the AVAX token has grown in value to rank among the top ten largest cryptocurrencies by market capitalization. The token is also one of the most viable investments in the market because of the potential for future gains.

Many DeFi projects have already been built on Avalanche, and this has been reflected on the total value locked (TVL) for the blockchain. Developers who want to build on Avalanche need AVAX tokens, which is a major contributor to the increasing value. Given that DeFi is expected to grow in 2022, Avalanche could be in for major gains.

The strong use case for the Avalanche blockchain made it one of the best crypto to invest in 2021, and its performance is expected to be even better in 2022. 

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Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

 

3. Polkadot 

The other cryptocurrency on the list is Polkadot. This is also another scalable blockchain that seeks to enable developers to enjoy low gas fees and fast speeds in transaction processing. Polkadot is one of the new coins in the market, but in such a short time, it has grown to become one of the most popular and strategic investments in the crypto market. A lot of people who were looking to buy cryptocurrency in the UK and worldwide invested in Polkadot in the beginning of the year 2021.

Polkadot was developed by one of Ethereum’s co-founders, and it has a strong team of developers that back it. This has contributed to the network having strong technological features. 

One of the reasons Polkadot has soared is the release of the parachains auction. The auction commenced in November 2021 and is expected to continue until March 2022. Parachains are independent blockchains supported by the Polkadot ecosystem. By having independent chains that link to Polkadot, the network seeks to boost scalability by reducing congestion on the network.    

Projects that want to secure these parachains have to bid through auctions, which has boosted the demand for DOT tokens. While the process will end in the next few months, the demand for DT tokens will remain high because of the growing utilization of the network. 

DeFi is a strong concept in the blockchain sector, and projects in the area are expected to generate major returns in the future. This is expected to happen with Polkadot as the network seeks to offer scalability to DeFi developers and projects. As such, Polkadot ranks as the best new cryptocurrency to invest in.

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Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

 

4. Binance Coin (BNB) 

The other best new cryptocurrency to invest in is Binance Coin. This token has one of the greatest utilities in the crypto market because it supports a vast ecosystem. Over time, the growth of the token has also contributed to notable gains for investors.

One of the strong use cases for Binance Coin is in the Binance exchange. Binance is one of the best cryptocurrency exchange UK and globally in terms of trading volumes. Binance Coin is the native token for the entire Binance ecosystem, and this gives it solid value and a strong use case.

The other part of the Binance ecosystem is Binance Smart Chain. This blockchain network also allows DeFi developers to build, which drives value for BNB tokens and contributes to major price gains. Binance Smart Chain is the third-largest blockchain network in terms of TVL. It has supported some of the crypto market’s leading projects, including PancakeSwap.

The performance of the Binance Coin over the years has been impeccable, given that the token has managed to soar towards record highs. This has been attributed to the strong ecosystem backing of this project and BNB’s tokenomics. . Binance Coin quickly rose to the top 10 cryptocurrencies to buy in 2022, after so many other currencies piggybacked on its BSC chain.

The BNB coin undergoes token burning, which is done regularly. This process seeks to reduce the number of coins that are in circulation. Once the supply is lowered, the demand is expected to push the prices up, which is good for investors. In total, Binance has burned tokens valued at around $640 million, showing the extent of this burning process. 

Last but not least, BNB is the best new cryptocurrency to buy because it has a certain future. Looking at the crypto market filled with thousands of coins, one can be sure that not all will survive into the future. However, BNB could emerge as one of the strongest tokens because of a strong use case in the Binance exchange and Binance Smart Chain. 

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Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection

 

5. Decentraland 

Decentraland is also one of the best new cryptocurrency to invest in in 2022. Decentraland is also an innovative project because it allows users to own virtual properties that can derive value in the real world. 

The virtual world has become a popular phenomenon since news of the metaverse started picking pace in the crypto sector and beyond. Decentraland is one of the best crypto to invest in, and one of the strongest projects operating in the virtual space, making it a strategic investment in the market.

Towards the end of 2021, Facebook rebranded into Meta, marking the company’s transition towards the metaverse. The move led to major gains for Decentraland, and the token ranked as one of the best new cryptocurrency 2021. The gains are expected to continue in 2022 as more Web 2 companies venture towards the virtual world.

As mentioned earlier, Decentraland is an innovative platform that gives users a virtual world to build their own experiences. Decentraland offers plots of land that can be bought for a given sum. The value of the plots of land differs depending on various features such as uniqueness. 

Those who buy the virtual plots can wait for their value to appreciate, after which they can sell them to other interested buyers. However, those who do not want to sell the land can also develop it by building on it virtually. This increases the value of the land. 

Developing on virtual land has become one of the newest strategies used by top brands to boost awareness. Most of the land buyers that choose to develop are brands that want to set up virtual spaces on the blockchain, and as the concept of the metaverse continues to trend, Decentraland and other virtual projects are expected to grow substantially, which is a good thing for token holders. 

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Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.


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