Promising Cryptocurrencies To Buy In 2022
Right off the bat, the cryptocurrency market is atrociously volatile. Still, there are a ton of investors interested in trying their hands on the decentralized financial ecosystem. Among them, almost all rely on some of the most promising cryptocurrencies to grow their investments.
If you really want to invest in best cryptocurrencies but don’t know which one to go for, you can subscribe to one of the best crypto signals provider in the market. But in any case, here are the top 10 most promising cryptocurrencies you can buy and hold for the long haul in 2022.
Bitcoin
Undoubtedly, the first currency to top the list is Bitcoin. Speaking of every crypto investor to exist, it’s highly likely that they have started their journey with this coin.
It is the first successful blockchain-based currency that hit the market in 2009. Bitcoin first started as a digital token in its initial days. Bitcoin has been consistently topping the charts for more than a decade. In Nov ’21, it reached a record high of U.S $69,000.
Ethereum
Next to Bitcoin, the second-largest cryptocurrency by market cap size is Ethereum. It has grown at a whopping pace in recent years. Ethereum, in most scenarios, follows Bitcoin’s pattern to attain growth.
Last November, Eth reached its record high of U.S $4800. Also, it has some unique aspects that make this crypto a great investment pick. Housing decentralized applications, valuable NFTs, and smart contracts are its additional perks worth mentioning.
Ripple
Ripple was born with an aim to unleash digital scalability worldwide and reduce costs on cross-border transactions. Owing to its vision, RippleNet introduced XRP. It is their digital currency in the crypto world.
Experts say XRP could reach a whole new level in the future. As an investment option, Ripple is a solid buy-and-hold pick.
Binance Coin
The lesser-known fact about Binance is that it is the 3rd largest cryptocurrency in the market. Binance Smart Chain’s native coin is popularly known as BNB. Among all, Binancesmart Chain is a renowned blockchain that is responsible for the largest Bitcoin and altcoin exchanges.
BNB’s all-time record high was $677.11, making it a good pick to buy and hold.
Shiba Inu
Due to its ‘meme coin’ status, Shiba Inu is the most promising cryptocurrency to buy in 2022 is Shiba Inu. SHIB exploded into the crypto realm in October ‘21 and grew over 1000x in a month. All thanks to the buzz from Reddit and other social media sites.
Shiba has got a similar essence to that of dogecoin because of its “appeal based on hype.” However, with the launch of ShibaSwap, it now has a use case scenario. With this, SHIB is expected to grow North throughout 2022.
LuckyBlock (LBlock)
LBlock is in the role to revolutionize the lottery industry. It seems to be the most promising cryptocurrency to buy and hold for 2022. LuckyBlock is presently hosted on the Binance Smart chain.
Using Block technology, LBlock attempts to put a fresh new spin on traditional lottery systems by minimizing draw times, boosting transparency, and increased chances of winning (per individual).
LBlock paves the foundation for the Lucky Block ecosystem, with a generous portion of fees being circulated back to holders as a reward. The best part, this blockchain has a regulated and built-in burn rate. If supply decreases over time, prices are naturally bound to spike.
Cardano
Though Cardano is on a rough patch lately, it has a ton of potential. Like Ethereum, this open-source blockchain network allows developers to build dApps and launch smart contracts. However, Cardano’s system is designed by expert academics, making it a ‘safer’ pick than any other blockchain.
DISCLAIMER: Cryptocurrencies are highly volatile, and your investment is at high risk. Either Research on your own before buying any cryptocurrency, or choose a crypto signals provider.
