6 Best Crypto to Buy in 2022
If you’re looking for a quick list of the best cryptocurrency to buy in 2022 check out the list below:
- Lucky Block – The Best New Crypto in 2022
- Dogecoin-A Cheap Cryptocurrency to Purchase in 2022
- Shiba Inu – A Top-Performing Cryptocurrency in 2022
- XRP – Crypto Used by Banks for International Transactions
- Yearn.finance – Strong Momentum at the Start of 2022
- Terra – A history of Defeating Bear Markets
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
The Best Cryptocurrency to Invest in in 2022
There are more than 16,000 cryptocurrencies in circulation now, so finding out the best one to invest in is obviously no easy matter. If you happen to be searching for the best cryptocurrency to invest in during 2022 but are finding it hard to separate the best from the rest, then this is the guide that you have been searching for as here we are going to look at eight of the best cryptocurrencies to consider investing in during this year.
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Lucky Block – The Best New Crypto in 2022
Lucky Block is an exciting and new cryptocurrency that is helping to bring blockchain technology into the lottery sector. It allows lottery players from all over the globe to play Lucky Block lotteries in a transparent and safe way. To put it as simply as possible, players can be certain that all gaming outcomes are 100% credible and random because it makes use of smart contract technology. This means that there is no possibility of games being manipulated in any way.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
This project definitely has what it takes to be the best new crypto for investors to buy in 2022, and the tokens can be bought on Pancakeswap. They have been available to buy on this site since towards the end of January, and they have already jumped 1,000% in value. There is certainly plenty to look out for with this cryptocurrency as they have already applied to be directly listed with some of the biggest cryptocurrency exchanges out there. They also aim to be listed on Binance in the very near future.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
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Dogecoin-A Cheap Cryptocurrency to Purchase in 2022
Dogecoin, which happens to be trading at less than $0.20 per token, is definitely one of the cheapest and best cryptocurrencies to buy so far this year. This popular crypto, which was originally created to make fun of Bitcoin, jumped from a price of $0.0005 in January of 2021
to $0.74 six months later. Since the summer of 2021, Dogecoin has decreased in value by more than 80%, which means that at the current price levels you can invest in cheap Dogecoin and hope that the interest Elon Musk is showing in this cryptocurrency will help to increase its value later this year. If this happens and you have bought some DOGE, then you can cash in if you wish. If it does not happen, then you have not lot us on much money because you bought them at a really cheap price.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
3.Shiba Inu – A Top-Performing Cryptocurrency in 2022
The Shiba Inu cryptocurrency has only been around since August 2020, but its rise in this short period really is remarkable. At the start of 2021, this virtual currency was valued at $0.000000000078, and come November of the same year, it hit the heights of $0.0000312. Thus, in fewer than 12 months, there were gains of close to 40 million percent.
Shiba Inu is a very popular crypto at this moment in time, which is why you will find it listed at all of the major exchanges. This includes the likes of eToro, Binance, Coinbase, and Huobi, so finding a place to purchase some is not difficult at all. Despite the fact that it is a top-performing currency, it is not expensive to buy – spending somewhere in the region of $100 will get you around 5 million tokens.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
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XRP – Crypto Used by Banks for International Transactions
When big financial institutes are making international transactions, they usually do so using SWIFT. However, this old network is expensive and slow, which is why Ripple decided to create this innovative blockchain network. Since it came into being in 2012, it has teamed up with more than 200 banks.
To explain things as simply as we can, Ripple’s digital token acts as a type of liquidity bridge between different currencies. Therefore, this means that no matter the total value that is being transferred or the currencies involved, every XRP transactions costs no less than one cent to process. Not only is it cheap, but it is remarkably fast as well, with each transaction being completed in four to five seconds.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
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Yearn.finance – Strong Momentum at the Start of 2022
Another virtual currency project to pay close attention to in 2022 is Yearn.finace as it entered the year with really strong momentum. As a matter of fact, while the likes of Bitcoin have remained stagnant towards the end of January and the beginning of February, Yearn.finance has risen by more than 86% over the same time frame.
To give you an idea as to how valuable this crypto can be, at the start of 2021 a whole Yearn.finance token would have set an investor back somewhere around $22,000. Then, just five months or so later, one token was valued at $93,000, meaning that there was an increase in value of more than 320%. We should note here that although this sounds like a lot of money, you can fractionate Yearn.finance tokens, just like you can with Bitcoin, so you do not have to buy a whole one for tens of thousands.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
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Terra – A history of Defeating Bear Markets
When you are thinking about top new cryptos to buy in 2022, it is vital that you consider a number of digital assets that offer some sort of safeguard against bear markets. If you are new to the world of cryptocurrency, bear markets occur when there is more than a 20%
market decline in prices. Whenever Bitcoin is down, you will find that the border markets are usually brought down with it. However, there are some virtual assets that have a history of beating bear markets, and one of these is Terra and its LUNA token. To prove this point, while Bitcoin has moved a little over 0.34% at the beginning of February, Terra has jumped by more than 52%. For those of you who are hearing about this project for the first time right now, the main aim is to stabilize Terra stablecoins – these are attached to fiat currencies such as the Japanese yen and the US dollar.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Finding the Best Crypto to Buy in 2022
We mentioned at the start of this guide that there are more than 16,000 digital assets in circulation nowadays, which means that the digital currency world is really oversaturated. This means that it is challenging for investors to locate the best crypto to purchase.
Although we have taken a look at six top-quality digital assets on the market, it is still important for you to do some of your own research.
Where to buy the Best Crypto in 2022
If you like the sound of the cryptocurrencies we discussed today – Lucky Block, Dogecoin,Yearn.finance, Terra, Shiba Inu, or Dogecoin – all of these tokens can be purchased on a spread-only basis at eToro in less than five minutes.
- Visit the eToro website and open an account
- Quickly upload a copy of your ID – which will be verified instantly
- Deposit funds with a debit/credit card, Paypal, or bank wire
- Search for the cryptocurrency you want to buy
- Enter your stake ($10 minimum) and confirm the order
The cryptocurrency tokens will then be added to your eToro portfolio.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
There are various predictions about some currencies that will explode in 2022. By taking the time to do your own research, you can make sure that you select the best cryptocurrency that will help you reach your financial aims.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Best Cryptocurrency to Invest in 2022 Conclusion
In this guide we have taken a look at some of the best up and coming cryptocurrencies to invest in 2022. We can confirm that the likes of Yearn.finance, Shiba Inu, XRP, and Terra are worth paying close attention to throughout 2022. However, we feel that Lucky Block is
the frontrunner at the moment. Not only is it a unique concept, but it also has a great management team and is still at the start of their journey. Therefore, you have the chance to buy Lucky Block tokens at a reasonable price before the value potentially skyrockets.
Source: CryptoPR
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