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5 Best New Cryptocurrencies To Buy 2022

5 Best New Cryptocurrencies To Buy 2022
Written by publisher team

With nearly 16,000 digital assets in circulation now, figuring out which cryptocurrency to invest in can be challenging.

Ultimately, more and more cryptocurrency investors are looking forward to catching this next big thing in hopes of making huge returns.

In this article, we explore the top five new digital currencies to buy in 2022 along with a quick overview of how to find your own digital assets to invest in.

List of Best New Cryptocurrencies to Buy in 2022 – Quick Overview

Below you will find a quick overview of the top five new digital currencies to buy in 2022.

  1. Luckyblock – Best Cryptocurrency to Buy Publicly in 2022
  2. Shiba Inu – One of the Best Performing Cryptocurrencies of the Year
  3. Terra – has a habit of outperforming bear markets
  4. Yearn.finance – Strong upward momentum moving into 2022
  5. PancakeSwap – A massively growing decentralized exchange platform

We provide an overview of each cryptocurrency below.

>>> Buy the Most Promising Cryptocurrency of 2022 Now

1. Luckyblock – Best Public Cryptocurrency in 2022

We found Luckyblock to be the best overall cryptocurrency to buy in 2022. In short, this digital asset project is looking to revolutionize the global lottery industry.

The protocol does this by decentralizing the lottery process via blockchain technology. The main concept here is that anyone can play lottery games from home without having to go through a central operator.

To ensure that Luckyblock provides players with integrity and legality, all gaming functions are governed by smart contracts. This ensures that every lottery game is real and fair – with no ability for internal or external actors to manipulate the outcome.

Those who like the sound of Luckyblock can invest in the project by purchasing its digital token – which is currently in the pre-launch stage.

Once the pre-launch ends in early 2022, the Luckyblock token will be launched on Pancakeswap, with several centralized crypto exchanges in the pipeline.

>>> BUY LuckyBlock (LBLOCK) NOW

2. Shiba Inu – One of the Best Performing Cryptocurrencies of the Year

The Shiba Inu was launched in August 2020, and the appearance of the Shiba Inu in such a short period is nothing short of strange. According to Coinmarketcap, this digital currency was priced at $0.000000000078 in early 2021.

Fast-forward to November 2021 and the cryptocurrency itself hit an all-time high of $0.0000312. This means that in less than 12 months of trading, Shiba Inu has gained nearly 40 million%.

Although gains of this kind are unlikely to be possible, there is still plenty of bullish potential left with this coin. On top of the constant hype this crypto asset receives from the broader market, Shiba Inu is listed on all major exchanges.

This includes not only the likes of Binance, Huobi, Crypto.com, and Coinbase – but even eToro. As such, this has resulted in daily trading volumes on Shiba Inu often exceeding $3 billion.

>>> Buy Shiba Inu (SHIB) now

3. Terra – has a habit of outperforming bear markets

When considering the best new cryptocurrencies to buy in 2022 – it is important to consider a number of projects that provide protection against bear markets.

After all, when bitcoin goes down, it usually causes frontier markets to go down with it. However, a number of digital assets have typically outperformed bear markets – one of which is Terra and its underlying LUNA token.

To illustrate the point – while at the time of writing Bitcoin has moved only 0.34% over the previous seven days, Terra has increased in value by more than 52%.

For those unaware of this project, the main concept is that the Terra protocol is tasked with installing Terra stablecoins – which are pegged to fiat currencies like the US dollar and Japanese yen.

Those who use the Terra platform can earn rewards by betting and voting in the future of the protocol through governance.

>>> Buy Terra (LUNA) now

4. Yearn.finance – Strong upward momentum moving into 2022

Another project to consider for your digital asset portfolio is Yearn.finance – which is approaching 2022 with strong upward momentum. In fact, as mentioned above – while Bitcoin remained virtually stagnant during the previous week, Yearn.finance increased more than 86% over the same period.

Over the course of 2021, the returns were more favorable to the early backers of this decentralized project. For example, those who invested in Yearn.finance at the beginning of 2021 would have paid out in the region of $22,000 per token.

Just five months later, the same digital currency crossed a price of $93,000. This translates to a gain of over 320%. It is important to note that although Yearn.finance carries a hefty price tag, tokens can be hashed just like Bitcoin.

This means that when you use a beginner-friendly broker like eToro, you only need to meet a minimum investment of $10.

However, for those who are not familiar with what Yearn.finance has to offer, the decentralized platform specializes in crypto-based finance. In other words, the platform connects borrowers and investors to create a truly decentralized finance system.

>>> Buy Yearn Finance (YFI) now

5. PancakeSwap – A Huge Decentralized Exchange Platform That’s Growing

The next cryptocurrency to consider buying in 2022 is PancakeSwap. In its simplest form, PancakeSwap is a decentralized exchange that was launched in late 2020. The exchange allows users to buy and sell digital tokens without going through a third party.

More importantly, it is usually the exchange of choice for the newly launched cryptocurrency that is built on top of the Binance Smart Chain. Crucially, PancakeSwap has already attracted millions of traders to its platform and locked in billions of dollars in liquidity.

We also like that PancakeSwap has since entered additional markets – such as cryptocurrency stacking and farming. Now, regarding the original digital token – CAKE, the cryptocurrency was priced at just $1.10 in September 2020.

CAKE peaked at $44 in mid-2021 but has since fallen back to $12 towards the end of the year. However, this provides an excellent entry level for those who are considering buying this digital currency.

>>> BUY PancakeSwap (CAKE) NOW

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How do you find the best new cryptocurrencies to buy in 2022?

We previously mentioned that according to Coinmarketcap, there are approximately 16,000 digital tokens in circulation right now. As such, this means that the digital currency scene has since become very crowded.

As an investor looking to make above-average gains, this makes it even more difficult to find the best new cryptocurrency to buy. Although we have already discussed the five best projects currently on the market, it is important that you also do your own research.

In doing so, you can be sure that you are choosing the best cryptocurrency for your financial goals and risk tolerance.

To achieve this, consider the following basic metrics:

Concept: The first thing is to evaluate the overall concept of the project. For example, in the case of Luckyblock, the project offers something that has not been done before – the decentralization of the global lottery industry. By choosing cryptocurrencies with a strong, unique, and applicable concept, you are giving yourself the best possible chance of choosing the next big thing.

Lunch date: In a similar nature to stocks, buying cryptocurrency as soon as possible often allows you to make the purchase at a very favorable price. For example, in the case of Pancakeswap, those who invested in the project in late 2020 had paid only $1.10 per token. By comparison, those who entered the market in mid-2021 would have paid more than $44. This is why it is worth considering a new cryptocurrency project like Luckyblock – which is still in its pre-launch stage at the time of writing.

a team: Another important consideration to consider in your search for the best new cryptocurrency to buy is the team behind the project. After all, many projects operating in this industry have an anonymous team – which should be a major red flag. This is in stark contrast to projects like Luckyblock – which is home to an entirely verifiable “deviant” team.

>>> Buy Cryptocurrency Now

Briefly

This article analyzed the best new cryptocurrencies to buy in 2022. We concluded that the likes of Shiba Inu, Terra, Yearn.finance, and Pancakeswap are all worth keeping an eye on moving into the new year.

However, we found the decentralized lottery platform Luckyblock to be the best overall project to consider at the moment. Not only does the project offer a unique concept along with a totally proven management team, but Luckyblock is still in the pre-sale stage.

This means that you can buy a Luckyblock token at a very affordable price before launching it on Pancakeswap.

Disclaimer: Content produced by CryptoPR

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