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Five of the best cryptocurrencies to invest in for 2022

Five of the best cryptocurrencies to invest in for 2022
Written by publisher team

As an investor only venturing into the field of crypto, it can be difficult to come up with a list of five best cryptocurrencies to invest in that will help you diversify your investment portfolio.

Cryptocurrencies came to life in 2008, after the creation of Bitcoin. Over the years, the value, adoption, and popularity of Bitcoin has grown. It is called the primary cryptocurrency because it was the first to be launched on the market.

However, with thousands of coins currently in the market, Bitcoin’s dominance in the market has declined.

Investors are now looking for alternative cryptocurrencies to provide massive return multipliers.

Here is a list of five of the best new cryptocurrencies to invest in

lucky block Best overall cryptocurrency to invest in 2022

Solana One of the most purchased cryptocurrencies last year

Primary Attention Token One of the promising projects for 2022

Cosmos Crypto is supposed to explode in 2022

Shiba Inu – Best meem coin to invest in 2022

Below you can find an overview of all the currencies mentioned in this list here:

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1) Lucky Block

Lucky Block will probably be the first best cryptocurrency to invest in 2022. When looking at the coins you want to add to your portfolio, you need to evaluate innovation to ensure that the coin has the potential to generate gains in the future. Lucky Block was created by an innovative team that ensures that the project will be successful in a highly competitive space.

Initially, they started with their Telegram group, which now has over 15,000 investors and is on the rise.

Lucky Block strives to create a safe space for online gambling. Over the years, the internet boom has allowed gambling to become an internet sensation. Global players can access their favorite platforms and place their bets. However, the fear of being scammed has remained a major concern, and this prevents many from venturing into this sector.

This is where the Lucky Block comes in. The project seeks to create a safe space for online gambling, allowing people to place high-risk bets without worrying about being scammed.

The Lucky Block project is based on the Binance Smart Chain. This is one of the scalable networks in the market, and seeks to enable projects to evolve without worrying about high transaction fees for late transactions on the network.

Besides creating a secure space, Lucky Block also strives to create a global lottery platform where players are not restricted by their geographical locations or traditional financial systems. This brings transparency, fairness, and convenience to online games and lotteries.

Lucky Block also has a robust working process that ensures the future of the project is guaranteed. A fee is charged for each transaction made on the Lucky Block platform, with 4% going to the lottery pool, another 4% going to the liquidity pool, 3% going to the NFT, gaming royalties and 1% going to burning tokens. This process ensures that the investor who buys Lucky Block Tokens can generate significant returns in the future due to the innovation and dedication of the team behind the project.

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2) Solana – New Problems to Solve the Cryptocurrency Network

Another best cryptocurrency to buy and invest in 2022 is Solana. Solana was launched in 2020, but it has grown into one of the most popular and dominant blockchain in the market in just a few years.

Solana works through a Proof of History (PoH) consensus. By taking this alternative route, the blockchain stands as one of the most scalable avenues in the market. Solana is currently ranked as the fastest blockchain on the market, as it is believed to process around 60,000 transactions per second (TPS).

Solana blockchain’s TPS is even higher than Visa’s, which makes this blockchain suitable for solving the problem of slow transactions in the traditional financial sector.

Another area where Solana blockchain has also scored highly is its adoption through decentralized finance (DeFi) projects and non-fungible tokens (NFTs). In August 2020, Solana was used to develop one of the popular NFT blockchains in the market, which increased the price of SOL by nearly eight times, making it one of the best cryptocurrencies to invest in 2021.

Another factor to note about Solana is the insured incremental total value (TVL). The adoption of the network by developers has increased the demand for SOL tokens, and now, Solana ranks as one of the largest blockchains by total locked value.

In addition, Solana is believed to be one of the most formidable Ethereum killers. The network seeks to solve most of the issues faced by the Ethereum blockchain, such as high gas fees and slow speeds. Offering fast speeds and low fees, Solana’s adoption has continued to grow – EconomyWatch cites it as a consistent favorite in its article on the UK’s best crypto exchange.

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Crypto assets are a highly volatile and unregulated investment product. There is no investor protection in the UK or the EU

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3) Basic Attention Token (BAT) – behind the Brave Browser

The other symbol on our list is the Basic Attention Token (BAT). One of the factors one can evaluate when choosing cryptocurrencies in a wallet is whether the technological support for these tokens matches future changes in the crypto space and the entire technology sector.

The BAT token is behind the Brave browser. Brave is a decentralized browser that gives users control over the content they consume. The token ranks among those with the most potential because the concept of decentralization has also become popular in online spaces such as social media.

Crypto analysts believe that Web 3 will be the next stage for the growth of the Internet. Due to the functionality of the Brave browser, it is believed to be one of the major contributors to Web 3. The network can solve most, if not all, problems that users encounter when they use browsers developed by Web 2 companies.

A lot of early users of Brave browser were early adopters of the best available technology, making it one of the best cryptocurrencies to invest.

Brave Browser tracks the time and attention consumers spend on websites listed in the browser. Then, the browser implements an efficient method of distributing revenue among advertisers, publishers, and other people who consume online content and ads. This gives the people using the browser control over their interactions, creating a decentralized online system.

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Crypto assets are a highly volatile and unregulated investment product. There is no investor protection in the UK or the EU

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4) Cosmos – The Green Alternative to Bitcoin Mining

Another best cryptocurrency to buy is Cosmos, better known as ATOM. In fact, ATOM emerged as the best cryptocurrency to buy in 2022 due to the massive gains made by the token during 2021. The gains are expected to continue until 2022 due to the innovative technology behind the coin.

Cosmos ranks as one of the best coins to buy in the market. Known as the green alternative to bitcoin mining, Cosmos has gained a lot of traction and popularity due to its proof-of-work which aims to connect an ecosystem of block chains.

People who have been researching how to buy Bitcoin are now looking at how to buy Cosmos.

Blockchain transactions are getting more expensive as more decentralized applications emerge, which use the same networks as Ethereum, Bitcoin and Polygon (MATIC). These D’apps include things like Play to Earn games, NFTs, and Bitcoin wallets.

Furthermore, the Cosmos team consists of innovators who ensure the project’s future success. As such, the project has been in development over the past year and has gained a lot of popularity. ATOM can be considered one of the best cryptocurrencies to invest in 2022.

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Crypto assets are a highly volatile and unregulated investment product. There is no investor protection in the UK or the EU

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5) Shiba Inu – Best meme coin to invest in 2022

Shiba Inu is a meme token that has emerged as one of the best performing tokens on the market. Shiba Inu emerged as the best cryptocurrency to invest in 2021 after making a remarkable rally and posting amazing gains towards all-time highs.

Shiba Inu is one of the meme coins created from inspiration from Dogecoin. Despite not having a strong use case, Shiba Inu has emerged as one of the best cryptocurrencies to buy and has amassed over a million token holders in such a short time.

Memes usually derive their value from the hype in the cryptocurrency market. In October 2021, Shiba Inu enjoyed so much hype that the meme coin was ranked among the top ten cryptocurrencies by market cap. While it has since pulled back from these levels, the meme coin continues to enjoy growing interest, as it hasn’t erased all of the gains made during its strong uptrend in October.

In addition, Shiba Inu boasts of having a stronger use case than most of the meme coins on the market. This is due to the ShibaSwap protocol. ShibaSwap is a DeFi project that allows SHIB holders to share their tokens on the network and earn interest. ShibaSwap has become a preferred option by SHIB because instead of selling, they are sharing their tokens to earn more rewards.

In 2021, Shiba Inu registered increased adoption by adopting it as a payment method on various platforms. This helps to increase the value and increase the token holders of this token. In 2021, the cryptocurrency market could register an increased interest in meme coins, and since SHIB is one of the dominant players in this space, the token can make significant gains, making it the best new cryptocurrency to invest in.

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Disclaimer: Crypto assets are a highly volatile and unregulated investment product. There is no investor protection in the UK or the EU. Profits may be taxed. Your capital is at risk. In addition, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can take a high risk of losing your money.

This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation, or an offer or invitation to buy or sell any financial instruments. This material has been prepared without regard to the investment objectives or financial situation of any particular recipient, and has not been prepared in accordance with legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index or investment packaged product are not and should not be considered a reliable indicator of future results.

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