8 Best New Cryptocurrency to Invest in 2022

Overall Best Crypto to Buy with Huge Potential If you’re wondering which cryptocurrency to buy, look no further than Lucky Block. Lucky Block is a blockchain-based lottery platform that looks to greatly improve the lotto experience whilst offering investors a way to generate a passive income stream. Built on the Binance Smart Chain, Lucky Block provides greater transparency and fairness whilst boosting the odds of winning for each entrant.

The platform just wrapped up a successful presale phase, selling out nearly two weeks ahead of schedule and raising $5.7m in the process. This prompted the dev team to list the token on PancakeSwap early to meet demand – which immediately saw the LBLOCK price rise over 230% during its first 24 hours of being listed! With 24,000+ members and counting, the Lucky Block Telegram group is a great place to network with other like-minded crypto enthusiasts.

2. Ethereum (ETH)

Most Promising Cryptocurrency to Buy for Smart Contracts Ethereum is an open-source blockchain platform that offers decentralised app (dApp) developers a way to construct and host dApps that incorporate smart contracts. As noted by CoinMarketCap, ETH is the world’s second-largest crypto (behind Bitcoin) and has enormous potential within the realms of DeFi and NFTs. Although the network has been plagued with high fees in recent years, the upcoming change to Ethereum 2.0 looks set to improve scalability – making ETH an exciting investment prospect for 2022.

3. Decentraland (MANA)

Cheap Cryptocurrency to Buy for Metaverse Exposure Many market commentators believe that Decentraland is the best cryptocurrency to invest in 2022 for exposure to the metaverse. Decentraland is a blockchain-based virtual world where users can create avatars and purchase land.

4. Shiba Inu (SHIB)

Best Crypto ‘Meme Coin’ to Buy The success of Dogecoin prompted the release of many other ‘meme coins’ looking to capitalise on the trend, with Shiba Inu being one of the most lucrative for investors. The SHIB price rose a staggering 1055% during October 2021, although the coin’s price has since plummeted drastically. However, with the release of ShibSwap, Shiba Inu’s decentralised exchange (DEX), there is now a tangible use case for the coin.

5. Cardano (ADA)

Great Crypto Project with Expert Development Team Cardano is another cheap cryptocurrency to buy if you’re looking for an alternative to Ethereum, as this blockchain platform employs a Proof-of-Stake (PoS) algorithm to achieve consensus. This makes it a more scalable network compared to Proof-of-Work (PoW) chains whilst also being greener in the process.

6. Binance Coin (BNB)

Best Crypto for Long-Term Gains As the name suggests, Binance Coin (BNB) is the native token of Binance, the world’s largest cryptocurrency exchange. Users who hold BNB can get a massive reduction in trading fees whilst also benefiting from price increases. Furthermore, BNB can now be staked to generate a passive income stream or even collateral for crypto loans. Overall, BNB’s price will naturally rise as the Binance exchange grow, making it a good investment for exposure to the broader crypto market.

7. Axie Infinity (AXIE)

Innovative Blockchain Gaming Project Axie Infinity is another blockchain-based game that enables users to create in-game characters and complete quests. Users have pets called ‘Axies’ that can be customised and then monetised through the Axie Infinity Marketplace since they are structured as NFTs.

8. Polygon (MATIC)

New Cryptocurrency to Buy 2022 with Huge Scalability Polygon is a highly-scalable blockchain platform that acts as a Layer-2 solution for the Ethereum network. As such, developers can build their apps on Polygon or even port over apps from the Ethereum network to benefit from faster speeds and lower fees.

Cryptocurrency markets are highly volatile and your investments are at risk.