The best crypto bets in 2022

Knowing which cryptocurrency to invest in can be difficult with around 16,000 digital assets presently in circulation.

Finally, an increasing number of cryptocurrency investors are hoping to catch the next big thing in the hopes of making significant profits.

We look at the five greatest new cryptocurrencies to buy in 2022, as well as a fast explanation of how to identify your own digital assets to invest in, in this post.

 

A quick review of the five greatest new cryptocurrencies to buy in 2022 can be seen below.

1. Lucky Block – Overall Best Crypto to invest in 2022
2. Shiba Inu – One of the best performing  cryptocurrencies last year
3. Polkadot – Considered one of the most promising projects for 2022
4. Binance Coin – Crypto meant to explode in 2022
5. PancakeSwap - A massive decentralized exchange platform that is rapidly expanding.

1. Lucky Block 

Lucky Block is at the top of the list. This is one of the newest coins on the market, and it aims to address the majority of Bitcoin's and other cryptocurrencies' drawbacks. Despite the fact that it is a new coin, it includes qualities that make it one of the most secure investment options available.

All of their communications were initially conducted through the LuckyBlock telegram group, which currently boasts over 15.000 members.

Lucky Block is a cutting-edge platform with a compelling use case, making it a viable investment option for both the short and long term.

 

2. Shiba Inu –

Shiba Inu was launched in August 2020, and its meteoric development in such a short space of time is nothing short of incredible. This digital currency was valued at $0.000000000078 at the turn of the year 2021, according to Coinmarketcap.

In November 2021, the same digital currency reached a peak of $0.0000312. This indicates that Shiba Inu made approximately 40 million percent gains in less than a year of trade.

Despite the fact that gains of this magnitude are unlikely, this token still has a lot of upside potential. Shiba Inu is listed on all major exchanges, in addition to the ongoing excitement that this crypto asset receives from the broader market.

 

Not only do Binance, Huobi, Crypto.com, and Coinbase fall within this category, but so does eToro. As a result, the daily trade volume on Shiba Inu frequently exceeds $3 billion.

 

3. Polkadot

Polkadot is the other coin on the list. This is another scalable blockchain that aims to provide developers with minimal gas rates and quick transaction processing speeds. Polkadot is a relatively new coin on the market, but it has quickly become one of the most popular and smart investments in the cryptocurrency market. In the beginning of 2021, many people wishing to buy bitcoin in the UK and throughout the world invested in Polkadot.

Polkadot was created by one of Ethereum's co-founders and is supported by a large team of developers. As a result, the network now has strong technological features.

The announcement of the parachains auction is one of the reasons Polkadot has risen. The auction will last until March 2022, and it will begin in November 2021. The Polkadot ecosystem supports parachains, which are self-contained blockchains. The network aims to improve scalability by reducing network congestion by having independent chains that link to Polkadot.

 

4. Binance Coin

Binance Coin is the greatest new cryptocurrency to invest in. Because it supports a large ecosystem, this currency has one of the highest utility levels in the crypto market. The token's growth has brought to significant benefits for investors over time.

The Binance exchange is one of Binance Coin's most important use cases. In terms of trading volumes, Binance is one of the finest cryptocurrency exchanges in the UK and globally. Binance Coin is the native asset of the whole Binance ecosystem, giving it significant value and utility.

Binance Smart Chain is the other component of the Binance ecosystem. This blockchain network also allows DeFi developers to create, which increases the value of BNB coins and leads to significant price increases. In terms of TVL, Binance Smart Chain is the third-largest blockchain network. It has backed some of the most well-known cryptocurrency projects, including PancakeSwap.

 

5. PancakeSwap

PancakeSwap is the next cryptocurrency to consider investing in in 2022. PancakeSwap, in its most basic form, is a decentralized exchange that debuted in late 2020. Users can purchase and sell digital tokens without going via a third party on the exchange.

More importantly, it's frequently the first port of call for newly released cryptocurrencies based on the Binance Smart Chain. PancakeSwap has already attracted millions of traders and billions of dollars in frozen liquidity to its platform.

 

In Summary

The finest new cryptocurrencies to buy in 2022 have been examined in this article. We came to the conclusion that Shiba Inu, Avalanche, PolkaDot, Binance Coin, and Pancakeswap are all worth watching in the coming year. However, we discovered that Luckyblock, a decentralized lottery network, is the best project to examine right now. Luckyblock is currently in the pre-sale phase, despite the fact that it boasts a unique concept and a completely doxed management team.

This means you can get a great deal on the Luckyblock token before it goes live on Pancakeswap.