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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Crypto is one of the most discussed topics in the world. The 2022 crash left many people wondering whether investing in cryptocurrencies is a viable financial decision in these uncertain times. Although there's no definite answer, some coins will certainly perform better than others as the industry rebuilds.
In this article, we'll discuss the best cryptocurrencies to trade in 2022, how to buy them, and share a few tips on how you can get the best out of the market crash.
We've included a quick list that shows the most viable coins which are set to explode in 2022. However, make sure to stick around for a full review of each down below!
1. Lucky Block (LBLOCK) – Overall Best Cryptocurrency to Trade in 2022
2. Tamadoge (TAMA) – Best Memecoin to Trade in 2022
3. Bitcoin (BTC) – Most Popular Coin in the World for a Great Price
4. Ether (ETH) – Great Asset for Future Investments
5. Decentraland (MANA) – Best Metaverse Coin
Before we go into detail about why we chose the aforementioned coins as the best cryptocurrencies to trade, let's answer the burning question: "Is now the right time to buy crypto?" As of July 2022, many investors are stumped, not only in crypto but in the stock market as a whole. Various world events have contributed to the global rise of inflation, as well as fears over an economic recession.
As a result, people are more risk-averse, causing volatile investments such as cryptocurrencies to take a hit. Nonetheless, you can still invest in these digital coins, provided you make the right decisions along the way. That's where this guide comes in.
There's no doubt that crypto will bounce back from this crisis. Access to these digital coins is easier than ever, and blockchain technologies will revolutionize the world as we know it. If you can weather this storm, you're sure to come out on top!
Without further ado, let's see which coins still represent a viable investment opportunity in 2022.
1. Lucky Block (LBLOCK) – Overall Best Cryptocurrency to Trade in 2022
Sitting comfortably at the top of our list is the LBLOCK token. Lucky Block is a global NFT competition platform that enables you to win enticing prizes by holding their NFTs. These prizes range in value, and the biggest rewards include $1 million in Bitcoin, a Lamborghini, and a $1 million house.
Since its launch at the beginning of 2022, Lucky Block has amassed over 55 thousand holders. As a result, it's one of the best-performing projects of the year, and it's gained a lot of attention from numerous media outlets. The No. 1 NFT competitions platform offers rewards in LBLOCK, making it a valuable digital asset.
The token is listed on some of the world's biggest exchanges, increasing liquidity and attracting more investors. At the time of writing, you can buy LBLOCK on LBANK and MEXC Global for a low price of $0.001419. Lucky Block uses an ERC-20 smart contract, an industry standard used on the Ethereum network.
On top of that, Lucky Block is audited by Solid Proof and all transactions are publicly visible. As a result, the entire platform is incredibly secure, making sure your money is safe and protected. At a 24-hour trading volume of almost $1 million, investing in LBLOCK is the best financial decision you can make in 2022.
2. Tamadoge (TAMA) – Best Memecoin to Trade in 2022
Memecoins are notorious for being extremely volatile, and many question whether you should even invest in these joke assets. One of the most successful of its kind, Tamadoge, boasts an unbelievable potential on its presale.
At the moment, you can buy Tamadoge directly on the website, making it a great choice if you're a beginner, or if you aren't willing to invest a lot of money. Projects on presale are notorious for allowing their early investors to make 10x or even more on the amount invested before they explode. However, keep in mind that all investments in volatile markets like the crypto market have risks. You should only invest what you can afford to lose.
Nonetheless, the price predictions for Tamadoge are promising, with some predicting a value of $0.15 by 2023. In that case, you could expect an excellent return on your investment, and let's hope tamadoge is one of the cryptos set to explode in 2022. Not too shabby for a meme coin!
3. Bitcoin (BTC) – Most Popular Coin in the World for a Great Price
Bitcoin doesn't require much introduction. The most popular cryptocurrency in the world serves as a standard for the entire industry – and it's safe to say Bitcoin has revolutionized the way we look at digital assets. BTC reached the value of exactly $1 in February of 2011 – by November 2021, one coin was worth over $68000.
By mid-2022, the price had dropped significantly to just $23,670 at the time of writing. Although this drop proved to be a huge headache for many, it can also be a great opportunity for those willing to take the risk. JPMorgan Chase, a leading global financial services firm, strongly believes that the coin is currently severely undervalued, placing its realistic value at just under $40000.
However, keep in mind that Bitcoin is still going through a storm. Just because its current value is down doesn't mean it can't go any lower. The volatility of the coin is ever-present, and you need to have a high tolerance for risks before trading any crypto, much less Bitcoin. As a result, make sure to keep up with the global news before making a big decision.
4. Ether (ETH) – Great Asset for Future Investments
Ether (sometimes incorrectly called Ethereum) is the primary asset of the Ethereum blockchain. Unsurprisingly, Ether is the second largest cryptocurrency by market cap, losing only to Bitcoin. Much like its competitor, Ether has experienced a big downfall in 2022, leading many to question its viability.
However, Ethereum has exciting plans for the future. Not only does ETH hold a lot of value as a crypto coin (with a current price of over $1700), but its blockchain remains to be the industry standard, used for web 3 projects all over the world. Ethereum is currently transitioning to Ethereum 2.0, intending to make transactions faster, safer, and more scalable.
If the transition is successful, there's no doubt that Ethereum has a bright future ahead. As a result, now may be the perfect time to invest in this digital asset. Although you need a decent risk tolerance to trade Ether, holding until the official launch of Ethereum 2.0 may prove to be incredibly fruitful.
5. Decentraland (MANA) – Best Metaverse Coin
The last on our list is MANA, the digital currency behind the metaverse Decentraland. Decentraland is a virtual world platform that allows you to purchase lands, host and attend events, and build relationships and communities along the way. If the metaverse is something that caters to your interests, make sure to keep a close eye on Decentraland.
Much like other cryptocurrencies, MANA reached an all-time high value of $5.9 in November 2021. However, 2022 has significantly driven the price down. Currently, the price hovers around $1. It was expected that MANA would be the next cryptocurrency to explode in 2022, but with the macro environment contributing to the market's downfall, that's something that we fell short of.
Predicting how MANA will perform can be a daunting task. However, there is an increase in the public's interest in metaverse projects, and Decentraland is one of the most popular virtual platforms in the world. Consequently, with a few tweaks here and there, this project may be the future of the metaverse and the internet as we know it.
It's also important to note that, due to its high volatility, MANA can be a great option for day-traders, too.
To sum up, 2022 has been a dire year for digital currencies. Global events have led to a large decline in the stock market, and the most popular coins have received a tremendous blow. As a result, it's difficult to predict how cryptocurrencies will perform in the future.
Nonetheless, some are much more likely to come out on top than others. With all the circumstances accounted for, there are strong indicators that the Lucky Block token is the best cryptocurrency to trade in 2022. Launched only at the beginning of this year, Lucky Block has proved to be a menace in the crypto industry.
The No. 1 NFT Competitions Platform offers numerous valuable rewards. If you prefer, you can also opt to join some of the competitions by buying and holding their NFTs. However, if you choose to trade crypto, the token LBLOCK may just be the best investment you'll ever make.
