10 Best Cryptocurrency to Invest in 2022 - Hindustan Times
close_game
close_game

10 Best Cryptocurrency to Invest in 2022

ByHT Brand Studio
Feb 24, 2022 03:38 PM IST

To help clear the mist, this article explores the 10 best cryptocurrency to invest in for 2022 and beyond

Knowing which cryptocurrency to buy right now can be a tough ask - not least because there are thousands of well-established tokens in the crypto markets. 

Top 10 Best Cryptocurrency to Invest in 2022
Top 10 Best Cryptocurrency to Invest in 2022

To help clear the mist, this article explores the 10 best cryptocurrency to invest in for 2022 and beyond - based on metrics such as growth potential, risk, roadmap targets, and more.

Hindustan Times - your fastest source for breaking news! Read now.

The Top 10 Best Cryptocurrency to Invest in 2022

Some tokens in our list of best new cryptos are established with a huge market capitalization, others are still up and coming. This gives you the best chance possible of creating a diversified portfolio of cryptocurrencies.

1. Lucky Block - Best New Cryptocurrency to Buy in 2022 

The best new cryptocurrency to invest in 2022 is Lucky Block. This top-rated project - which was launched on the Pancakeswap exchange as recently as late January 2022, is looking to revolutionize the way that people engage with traditional lottery games.

The team at Lucky Block is able to facilitate this goal by bringing lotteries to the blockchain protocol. Moreover, gaming outcomes on the Lucky Block network are derived via smart contracts - which means that fairness and randomness are guaranteed. 

Another standout feature of the Lucky Block roadmap is that there will be no jurisdictional limitations on who can play its lottery games. This is in stark contrast to traditional lotteries - which are typically governed by state-backed franchises. 

As per its first exchange listing just a week ago, Lucky Block has gone from a pre-sale raise of $5 million to a total market capitalization of more than $200 million. Plenty of centralized exchange listings is planned for the coming weeks - with the likes of Gate.io and Crypto.com in the works. 

                                                       Buy Lucky Block

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

2. Bitcoin - Best Cryptocurrency to Invest in for Beginners 

Beginners asking which cryptocurrency to buy in 2022 might be best sticking with Bitcoin - the largest cryptocurrency. Bitcoin has hit highs of $69,000 per token - a market capitalization of over a trillion dollars. 

In early 2022, Bitcoin dropped below $40,000. This means you can now buy this cryptocurrency asset at a discount. In terms of where Bitcoin can go, some market commentators believe that $100,000 is possible by the end of 2022, meaning that buying bitcoin in the UK remains a good option.

Buy BTC

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

3. XRP - Top Cryptocurrency Project That is Partnered With 200+ Banks 

XRP is the digital token backed by Ripple. Ripple specializes in cross-border payments for banks and financial institutions. Facilitated via blockchain technology, Ripple and XRP transactions take no more than five seconds to process. 

Whichever fiat currencies are being transacted, XRP transactions typically cost a small fraction of one cent. As a result of this efficiency and cost-effectiveness, more than 200 banks are either testing or using the Ripple network to transact.

Buy XRP

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

4. Decentraland - Invest in the MetaVerse via MANA Tokens 

Next up on our list of the best cryptocurrency to invest in 2022 is Decentraland. This project offers a 3D virtual world via its MetaVerse-esque gaming platform. Not only can users create characters and communicate with other players - but buy land and build real estate. 

Some real estate holdings on Decentraland have sold for over $1 million on the open marketplace. Decentraland does, of course, have its own cryptocurrency token - which is called MANA. This crypto asset has increased in value by over 1,400% over the past year. 

Buy MANA

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

5. Shiba Inu - One of the Most Popular Cryptocurrency to Buy Now

Shiba Inu shot to fame in 2021 with some of the largest gains ever seen in the cryptocurrency space. In fact, since this popular cryptocurrency was founded in August 2020 - the token has exploded to a multi-billion dollar top-20 digital asset by market capitalization. 

The SHIB price is now $0.00002 - if you were to invest just $50, you would get yourself over 2.5 million tokens. As such, not only is Shiba Inu one of the best-performing crypto assets in the market - but also the cheapest. 

Buy SHIB

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

6. Ethereum - Second Largest Cryptocurrency for Market Capitalization 

In terms of market capitalization, Ethereum is the second-largest digital token in this space. The project was launched in 2015 by Vitalik Buterin to expand on the capabilities of Bitcoin. It does this by allowing developers to create and deploy smart contracts. 

Smart contracts allow people to enter into agreements that are facilitated by code. This means that trustless agreements can be made at the click of a button. To invest in Ethereum, you can buy the ETH token - which has increased by over 22,000% over the past five years. 

Buy ETH

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

7. Dogecoin - Most Promising Cryptocurrency to Buy in 2022 

Elon Musk’s constant tweets and TV appearances mentioning Dogecoin saw this crypto asset increase by over 10,000% in 2021. 

Since it hit highs of over $0.70 per token, Dogecoin has dropped to 2022 lows of $0.12. Although this does represent a huge decline, at these levels, you are essentially entering the market at a highly favorable discount of over 80%. 

Buy DOGE

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

8. The Graph - Cheap Cryptocurrency to Buy Right Now

If you’re in the market for the best cheap cryptocurrency to buy now - consider The Graph. This digital asset project offers competing blockchains indexing services. This is crucial for many top-50 blockchain networks, as vast amounts of data are processed throughout the day.

And, by offering to index this data via its innovative storage facility, The Graph is one of the most notable digital tokens to keep an eye on this year. And, when you consider that this digital token is still available to buy for less than $0.50 - this represents a great entry price. 

Buy GRT

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

9. BNB - Popular Cryptocurrency Backed by Binance

BNB is the cryptocurrency backed by Binance - which is the world’s largest exchange. BNB allows users of Binance to reduce trading commissions. The token is also used to fuel the Binance Chain and the Binance Smart Chain - which are two independent blockchain networks. 

This means that BNB has a real use case. Binance also burns BNB tokens - this reduces the overall circulating supply - which can help further increase the value of the token. 

Buy BNB

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

10. Yearn.finance - Decentralized Finance Platform With Top Digital Token

Last but not least on our list of the best cryptocurrency to invest in 2022 is Yearn.finance and its YFI token. The team behind Yearn.finance has created a popular decentralized platform that allows users to earn interest on their cryptocurrency investments. 

This is made possible through a peer-to-peer loan system, where the tokens are lent to borrowers. And of course, those borrowing funds will pay interest on the funds that they are lent. As decentralized financial services continue to grow - this can only be a good thing for YFI.   

Buy YFI

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

How to Buy Cryptocurrency Online - Quick Guide

  • Head to the eToro.com homepage and click ‘Join Now’
  • Verify your account by uploading a copy of your ID
  • Deposit funds by bank transfer, Paypal, credit card or other methods
  • Type the name of the cryptocurrency you with to invest in in the search bar
  • Click ‘Trade’, enter the amount you wish to invest, and then select ‘Open trade’

 

Invest in Cryptocurrency on eToro.

 

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.

 

How to Buy Lucky Block

  • Place some BNB in a Metamask wallet or Trust Wallet, to use to buy LBLOCK with
  • Connect your Wallet to Pancakeswap
  • Enter the Lucky Block Contract Address - 0x2cD96e8C3FF6b5E01169F6E3b61D28204E7810Bb
  • Enter the amount of BNB tokens you wish to swap for LBLOCK
  • Confirm your order

Also join the Lucky Block Telegram group if you have any questions or view the video tutorial on the Lucky Block website.

Invest in Lucky Block on Pancakeswap

Cryptocurrency markets are highly volatile and your investments are at risk. 

SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news