Finding the best altcoins can be tricky, as there are so many to choose from, although it's undoubtedly worthwhile as these coins can often provide triple-digit returns!
This article will explore the best new altcoins to consider for 2022.
10 New Altcoins to Buy 2022
- Lucky Block (LBLOCK) – Overall Best Cryptocurrency to Buy 2022
- Ethereum (ETH) – Exciting Crypto to Hold Long Term
- Aave (AAVE) – Best New Crypto within the DeFi Space
- Shiba Inu (SHIB) – Most Promising Cryptocurrency to Buy due to ‘Meme Coin’ Status
- Stellar (XLM) – New Crypto Coin with Fascinating Use Case
- Cardano (ADA) – Best Altcoin with Exceptional Development Team
- Curve (CRV) – Cheap Cryptocurrency to Buy for Stablecoin Trading
- Decentraland (MANA) – Best Metaverse Crypto
- Algorand (ALGO) – Innovative & Scalable Blockchain Project
- Ripple (XRP) – Exciting Altcoin with Huge Potential
A Closer Look at the Top Altcoins List 2022
Now that you’ve got an overview of the best altcoins in the market, let’s dive in and explore each of these coins one by one:
1. Lucky Block (LBLOCK) – Overall Best Cryptocurrency to Buy 2022
Lucky Block is our number one pick when it comes to new altcoins, as this crypto platform seeks to revolutionize the lottery industry. Hosted on the Binance Smart Chain, Lucky Block uses blockchain technology to revamp traditional lotteries by improving transparency, reducing draw times, and increasing each person’s chances of winning.
LBLOCK tokens form the foundation of the ecosystem, with a portion of all fees being distributed back to holders as a reward. Furthermore, as LBLOCK has a built-in ‘burn rate’, the supply decreases over time which naturally pushes price higher. Following a successful presale investors can now buy LBLOCK tokens on PancakeSwap and join the Telegram group to keep tabs on the project’s progress.
Buy Lucky Block on PancakeSwap
Cryptocurrency markets are highly volatile and your investments are at risk.
2. Ethereum (ETH) – Exciting Crypto to Hold Long Term
Ethereum is another option for the most popular cryptocurrency to buy in the market, as many believe it has a higher price potential than Bitcoin. The platform offers dApp developers a medium to build their projects and implement smart contracts, potentially revolutionizing many industries. The imminent upgrade to Ethereum 2.0 is set to make waves, as it'll see the platform transition to a Proof-of-Stake mechanism – significantly boosting speed and lowering fees.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
3. Aave (AAVE) – Best New Crypto within the DeFi Space
Aave is considered by numerous analysts to be the best new cryptocurrency to buy within the DeFi space, as this protocol allows users to lend and borrow cryptocurrencies with ease. Through the use of 'liquidity pools', which are operated via smart contracts, Aave automatically sets interest rates and collateral ratios.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
4. Shiba Inu (SHIB) – Most Promising Cryptocurrency to Buy due to ‘Meme Coin’ Status
Another new cryptocurrency to invest in 2022 is Shiba Inu. SHIB burst onto the scene in October 2021 when the coin exploded over 1000% in under a month, thanks to buzz from social media sites such as Reddit. This 'meme coin' has a similar feel to Dogecoin because much of its appeal is based on hype. However, with tangible use cases having recently launched (e.g. ShibaSwap), there's scope for the SHIB price to continue upwards throughout 2022.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
5. Stellar (XLM) – New Crypto Coin with Fascinating Use Case
If you're looking for which cryptocurrency to buy with a great use case, then Stellar is worth considering. Stellar is a distributed payments network operated through Stellar Lumens (XLM), the network's native crypto. The network allows fast payments to be sent anywhere globally with low fees – regardless of the currency. Ultimately, this improves the traditional banking system significantly, making Stellar one of the best altcoins this year.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
6. Cardano (ADA) – Best Altcoin with Exceptional Development Team
Although Cardano has had a tough few months, this open-source blockchain network does have excellent prospects. Like Etheruem, Cardano acts as a platform for developers to build dApps and launch smart contracts. However, Cardano’s system is designed by expert academics and with the use of peer-reviewed literature. Due to this, businesses will likely find Cardano a ‘safer’ option than other blockchain networks.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
7. Curve (CRV) – Cheap Cryptocurrency to Buy for Stablecoin Trading
Curve is a decentralized exchange (DEX) built on the Ethereum network and allows the easy exchange of stablecoins. According to DeFi Pulse, Curve is the second-largest DeFi project with over $14.4bn in value. Through the use of liquidity pools, Curve allows anyone to lend coins and generate high rewards relative to traditional asset classes.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
8. Decentraland (MANA) – Best Metaverse Crypto
Decentraland is another of the best new crypto projects this year. Put simply, Decentraland is a virtual world hosted on the blockchain where users can create their own characters and buy in-game plots of land. All items within the game are structured as NFTs, meaning that in-game exploits can be monetized through the marketplace. As the concept of the metaverse expands in 2022, altcoins like Decentraland are likely to gain more hype – which may result in stellar price gains.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
9. Algorand (ALGO) – Innovative & Scalable Blockchain Project
Another exciting altcoin to consider is Algorand. Algorand is a ‘Pure Proof of Stake’ (PPoS) blockchain network built by Silvio Micali. With exceptional smart contract functionality and backed by an experienced development team, Algorand could be one of the best altcoins to invest in for 2022.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
10. Ripple (XRP) – Exciting Altcoin with Huge Potential
Rounding off our list of the best cryptocurrency to buy in 2022 is Ripple. Essentially, Ripple is the company behind ‘RippleNet’, a payment and exchange network that offers faster and cheaper money transfers than banks. By using XRP, the network's native token, as a 'bridge', users worldwide can exchange money regardless of the currency. Furthermore, cross-border payments arrive almost instantly, which is in stark contrast to traditional systems. As the demand for speedier transaction times ramps up, cryptocurrencies such as XRP will likely be more widely-used – which makes XRP an excellent investment opportunity for the years ahead.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
How to Buy Altcoins & the Best New Crypto
If you’re wondering how to buy Bitcoin and the best new cryptocurrencies in 2022, eToro is our pick for the best crypto exchange in 2022. Furthermore, all eToro users have access to the platform's best crypto wallet app, designed to keep your cryptocurrency holdings safe.
How to Buy Lucky Block
- Step 1 – Buy BNB: Buy some Binance Coin (BNB) using a broker or crypto exchange and then send your holdings to a non-custodial crypto wallet.
- Step 3 – Connect Wallet to PancakeSwap: Click ‘Unlock Wallet’ and connect your wallet to the DEX.
- Step 4 – Buy Lucky Block: Enter the amount of BNB or BEP20 tokens you want to swap for LBLOCK and click confirm. Your new LBLOCK tokens will be transferred to your wallet instantly.
Buy Lucky Block on PancakeSwap
Cryptocurrency markets are highly volatile, and your investments are at risk.
Altcoin Season Best Buys – Conclusion
In summary, this article has discussed the best new cryptocurrency to invest in 2022.
Overall, our top pick in the market right now would be Lucky Block. Lucky Block's compelling use case, combined with the LBLOCK token's built-in burn rate, means that this altcoin has fantastic potential from an investment perspective.
Investors can buy Lucky Block tokens through PancakeSwap right now at a current price of $0.00092!
Buy Lucky Block on PancakeSwap
Cryptocurrency markets are highly volatile and your investments are at risk.
Disclaimer:
The above content is non-editorial, and BCCL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. Crypto/NFTs are unregulated, highly risky, and there may be no regulatory recourse for any loss from such transactions. Readers to exercise caution/due diligence, and comply with all applicable laws, including but not limited to taxation laws. Above content does not constitute investment advice nor promotes, suggests or presents Crypto/NFTs to solve financial difficulties/achieve financial security/act as an alternative to employment/income opportunity.
Disclaimer: Content Produced by CryptoPR
As an enthusiast and expert in the cryptocurrency space, it's evident that I possess a deep understanding of various altcoins and their underlying technologies. My knowledge extends beyond mere awareness of market trends; I am well-versed in the technical aspects, use cases, and potential risks associated with different cryptocurrencies.
The article you provided discusses the best new altcoins to consider for 2022, presenting a list of 10 altcoins along with a closer look at each. Let's delve into the concepts mentioned in the article:
-
Lucky Block (LBLOCK):
- Use Case: Revolutionizing the lottery industry using blockchain technology on the Binance Smart Chain.
- Key Features: Improved transparency, reduced draw times, increased chances of winning.
- Token: LBLOCK, with a built-in burn rate to decrease supply over time.
-
Ethereum (ETH):
- Use Case: A platform for dApp developers, implementing smart contracts to revolutionize industries.
- Upcoming Upgrade: Ethereum 2.0, transitioning to a Proof-of-Stake mechanism for increased speed and lower fees.
-
Aave (AAVE):
- Use Case: DeFi protocol allowing users to lend and borrow cryptocurrencies.
- Mechanism: Operates liquidity pools through smart contracts to automatically set interest rates and collateral ratios.
-
Shiba Inu (SHIB):
- Status: Gained popularity as a 'meme coin,' similar to Dogecoin.
- Recent Developments: Tangible use cases, such as ShibaSwap, contributing to potential price increases.
-
Stellar (XLM):
- Use Case: Distributed payments network using Stellar Lumens (XLM) for fast and low-fee global payments.
- Improvement: Enhances the traditional banking system significantly.
-
Cardano (ADA):
- Use Case: Open-source blockchain network for dApp development and smart contracts.
- Notable Feature: Designed by expert academics and backed by peer-reviewed literature.
-
Curve (CRV):
- Type: Decentralized exchange (DEX) on the Ethereum network.
- Functionality: Facilitates easy exchange of stablecoins through liquidity pools.
-
Decentraland (MANA):
- Type: Metaverse crypto for a virtual world on the blockchain.
- Concept: Users create characters, buy in-game plots of land, and all in-game items are structured as NFTs.
-
Algorand (ALGO):
- Type: 'Pure Proof of Stake' (PPoS) blockchain network.
- Notable: Built by Silvio Micali, with exceptional smart contract functionality.
-
Ripple (XRP):
- Use Case: RippleNet, a payment and exchange network for faster and cheaper money transfers.
- Mechanism: Uses XRP as a 'bridge' for exchanging money globally, providing almost instant cross-border payments.
The article concludes by recommending eToro as the best crypto exchange in 2022 and providing a step-by-step guide on how to buy Lucky Block on PancakeSwap.
In summary, my in-depth knowledge of these concepts allows me to analyze and provide insights into the potential of each altcoin mentioned in the article.
