As an investor in crytocurrency, especially in a new year like this, it is always a good question to know the best cryptocurrency to invest in.
Cryptocurrency is a digital currency characterized by its continued appreciation in value over a monthly or yearly difference, but the experiences in the past few months indicate a bridge in this normal process, and that is why it is important to investigate the best cryptocurrency to invest in 2022.
My team and I have investigated the cryptocurrency movement recently and have compiled a list of the best cryptocurrency to invest in 2022 for you to choose from.
Following the creation of Bitcoin in 2018 by Satoshi Nakamoto, thousands of alt-coins have emerged, and this makes most investors confused about which coin to buy and HODL.
At our pace, we tried to be as unbiased as we could possibly be so that you can make a good choice.
Without further ado, let’s dive into the factors you need to consider before buying any cryptocurrency in this 2022.
Factors used in Picking the Best Cryptocurrency to invest in 2022
Certain factors need to be considered before choosing the best cryptocurrency to invest in this year.
Because individuals have different factors affecting them, the best cryptocurrency to invest in 2022 is going to vary for each individual, and this is the reason you need to follow through on this post before making your choice.
In our research, factors like the blockchain technology of the coin, Your capital, and and recent performance of the coins were taken into consideration.
List of the Best Cryptocurrency To invest in 2022
Considering the factors that affect investment in cryptocurrency as we have outlined, here is our list of the best cryptocurrency to invest in 2022.
Lucky Block – The Best overall.
Terra– Has a Habit of Outperforming Bear Markets
Solana – One of the most bought alt-coins last year.
Cosmos – Crypto meant to explode in 2022
Shiba Inu – One of the best performing alt-coins last year
Here is an overview of the best cryptocurrency to buy in this 2022.
1) Lucky Block:
In our research for the top best cryptocurrency to invest in 2022, Luckyblock appeared to be the best among all.
Luckyblock is looking to transform the global lottery industry.
The protocol accomplishes this by using blockchain technology to decentralize the lottery process. The fundamental idea is that anyone can play lottery games without having to go through a centralized operator from the comfort of their own home.
All game functions are governed and carried out by smart contracts to ensure that Luckyblock gives its players integrity and validity. This assures that all lottery games are true and fair, with no way for internal or external actors to tamper with the results.
You can buy Luckyblock by following this link
2) Terra
When thinking of the best cryptocurrency to invest in 2022, it is good to take into consideration the ability of a digital asset to outperform the bearish market. If you can recall, when bitcoin was down, it affected almost all other alt-coins. Only a few digital assets were able to outperform the market, and Tera was one of them.
To illustrate this point, while Bitcoin had only moved 0.34 percent in a seven days difference, Terra’s value had increased by over 52 percent.
For those unfamiliar with this project, the Terra protocol is responsible for maintaining the stability of Terra stable coins, which are pegged to fiat currencies such as the US dollar and Japanese yen.
Those who use the Terra platform can earn rewards for staking and have a say in the protocol’s future via governance.
You can buy Terra by following this link
3) Solana
Another best cryptocurrency to invest in 2022 is Solana. Solana, which was launched in 2020, has grown to become one of the most popular cryptocurrency purchases over the past few months.
Solana relies on a consensus based on proof-of-history (PoH). As a result of this alternate path, the blockchain emerges as one of the most scalable in the industry.
Solana is currently the fastest blockchain on the market, with an estimated transaction rate of 60,000 transactions per second.
The Solana blockchain has a TPS that is even greater than Visa’s, making it ideal for addressing the issue of delayed transactions in the traditional banking sector.
In addition to using the proof-of-work network, the Solona blockchain also adopts a decentralized finance system and non-fungible tokens.
Another thing to keep in mind regarding Solana is its increasing total value locked in (TVL). Developers’ adoption of the network has raised demand for SOL tokens, and Solana is currently one of the largest blockchains in terms of total value locked.
You can buy Solana by following this link.
4) Cosmos
Another top-rated cryptocurrency to buy is Cosmos. Cosmos, which is popularly known as ATOM, has gained popularity over the past few years because of some gains made by the token in the past few years.
These gains are expected to continue into 2022 because of the innovative technology behind the coin.
Cosmos is one of the top coins to invest in right now. Cosmos has gained a lot of traction and appeal as the ecological alternative to Bitcoin mining, thanks to its proof-of-work that is meant to connect an ecosystem of blockchains.
As more decentralized applications emerge that leverage the same networks as Ethereum, Bitcoin, and Polygon, blockchain transactions will grow increasingly expensive (MATIC).
In addition, the Cosmos team includes innovators who ensure that the project will be successful in the future. As a result, the initiative has been in the works for the past year and has garnered a lot of traction. ATOM has the potential to be one of the best cryptos to invest in.
You can buy Cosmos by following this link.
5) Shiba Inu
Unless you have not been in the cryptocurrency space, you need not be told that Shib Inu should be among the list of the best cryptocurrency to invest in 2022.
Shiba Inu first got this rank in 2021 after its bull run and staggering gains, and it out-performed some of the top alt-coins.
Since then, Shiba Inu has been recording some positive waves in the market as the attention of lots of investors has been drawn to it.
Although its price is currently low because of the bitcoin drop, investing in Shiba Inu is still a very wise move as any slight appreciation in the market will cause it to skyrocket.
Shiba Inu is a meme coin that was established as a result of Dogecoin’s inspiration. Despite the lack of a compelling use case, Shiba Inu has quickly become one of the greatest cryptocurrencies to invest in, with over one million token holders.
The value of meme coins is mainly derived from the crypto market’s buzz. Shiba Inu received so much attention in October 2021 that the meme coin was ranked among the top 10 cryptocurrencies by market valuation.
Despite the fact that it has subsequently fallen from these heights, the meme coin continues to gain traction, as it has not reversed all of the gains achieved during its strong rise in October.
Shiba Inu’s adoption grew in 2021 as it was accepted as a form of payment on a variety of platforms. This serves to enhance the token’s value and the number of holders.
In 2022, the crypto market may see a surge in interest in meme coins, and because SHIB is one of the leading players in the space, the token might see significant increases, making it one of the best new cryptocurrencies to buy.
You can buy shiba Inu by following this link
Conclusion
There are a lot of factors to consider before choosing the best cryptocurrency to invest in 2022. The one that I deem best may not be the one you prefer. As we provided some of the factors used in determining the best coin to buy, it is very important that you go through them and use those factors in determining your preference.
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