Top 10 Altcoins To Buy in 2022 for Maximum Gains

Top 10 Altcoins To Buy in 2022 for Maximum Gains

Know about the top ten altcoins for driving sufficient profit in the volatile crypto market

The cryptocurrency sector has a market cap of over $1.5 trillion, even after the recent correction in early 2022. 

There's still room for growth and potentially a good investment opportunity for those who buy the dip heading into the 2024 Bitcoin halving, which should raise the price of all altcoins. How do you profit from the market? What is the best cryptocurrency to buy in 2022?

This review explores everything new investors need on which cryptocurrency to buy and how to invest in them on the best crypto exchanges.

The 10 Best Altcoins to Buy 2022

1. LuckyBlock (LBLOCK) – Overall Best New Cryptocurrency to Buy/Invest in

2. Ethereum (ETH) – Best DeFi Altcoin

3. Solana (SOL) – Fastest Crypto Transaction

4. Binance Coin (BNB) – Most Promising Crypto

5. Polkadot (DOT) – Most Interoperable Crypto

6. Polygon (MATIC) – Best New Altcoin

7. Cosmos (ATOM) – Best Tradable Altcoin

8. Fantom (FTM) – Cheapest Cryptocurrency

9. Cardano (ADA) – Most Promising Asset

10. Decentraland (MANA) – Best Gaming Altcoin

A Closer Look at the Best New Cryptocurrency to Invest in 2022

1. LuckyBlock – Overall Best New Cryptocurrency to Buy/Invest In

LuckyBlock (LBLOCK) is top of the list of the new cryptocurrency to buy in 2022. The protocol aims to change the narrative of the lottery system by improving fairness and transparency in the system. 

As one of the new altcoins, LBLOCK is structured to increase all users' chances of winning lottery games using a random selection method. Instead of purchasing tickets at traditional outlets, users can easily do so using the LBLOCK tokens. Also, the Lucky Block Telegram group has amassed more than 24,500 members since its inception. 

LBLOCK is currently available on the PancakeSwap decentralized exchange. Investors looking to earn massive ROI can buy the token and hold for the long term.

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

2. Ethereum – Best DeFi Altcoin

It is no surprise that Ethereum makes the list of one of the best cryptocurrency to invest in 2022. The protocol is one of the most sought-after decentralised finance (DeFi) platforms, with thousands of crypto projects onboarding and integrating into the Ethereum ecosystem.

The Ethereum network is trying to speed up its migration to Ethereum 2.0 where it processes transactions using the proof-of-stake consensus mechanism. The blockchain has begun rollouts of deposit contract addresses for the upgraded system, an essential piece of the blockchain's Serenity Upgrade. These upgrades will ensure that the asset remains one of the most popular cryptocurrencies to buy.

ETH is currently trading at a discount under $3,000, following a correction in the stock market which also affected the crypto markets. Historically that has been a good time to invest in Ethereum around that price range.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

3. Solana – Fastest Crypto Transaction

Solana is a growing ecosystem and already promises good value. The protocol is the fastest blockchain available and resolves up to 50,000 transactions per second (TPS), providing a highly scalable and decentralised system.

Solana is serving as the foundation for developing the first decentralised stablecoin, UXD Protocol. The protocol is geared towards developing a capital-efficient stablecoin to set a new standard for trust and usability in the Solana ecosystem.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

4. Binance Coin – Most Promising Crypto

Binance Coin is the utility token of the Binance crypto exchange platform and is one of the most promising cryptocurrency to buy. Binance Coin makes one of the best tokens to buy as it has great potential to scale in price due to the continuous burning.

Binance Coin has continued integrating with several protocols that project the BNB token into new audiences. Terra (LUNA) has been successfully integrated into the Binance network, ensuring that the BNB token will experience even high exchange volumes with the Terra ecosystem. 

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

5. Polkadot – Most Interoperable Crypto

Polkadot is a protocol that allows for the interaction and sharing of security with other blockchains. The protocol is interoperable and receives support from various nodes to facilitate its smooth operation. 

Klever has successfully integrated with Polkadot to provide support using Klever's 4.10.0 Android upgrade for Polkadot. The integration increases Polkadot's send and receive flow, bond and nominate flow, swap, and integration to browsers.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

6. Polygon – Best New Altcoin

Polygon is a layer-two scaling solution for Ethereum. The platform highlights the best parts of the Ethereum blockchain and aims to fix the problems associated with Ethereum-compatible blockchains. Polygon is one of the best cryptocurrency to buy/invest in due to the potential to scale in price because of its various use cases. 

Polygon Studios aims to bring the entertainment and media industry into the world of web3 and NFTs through collaboration with eDAO. eDAO is a community of fans of artists, sports stars and celebrities.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

7. Cosmos – Best Tradable Altcoin

Cosmos is an open-source blockchain focused on building interaction and scalability between other blockchains without compromising on decentralisation.

The protocol is focused on interoperability and seeks to duly compensate the validators and delegators responsible for managing the ecosystem. 

Archway is one of Cosmos Hub instruments to ensure that the developers can launch dApps and get rewards for the value for their contribution to the network ATOM is currently trading at $39.62, up 10.57% in the last 24 hours.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

8. Fantom – Cheapest Cryptocurrency

Fantom is a highly scalable network protocol and provides a convenient experience for users during transactions. Fantom is a cheap cryptocurrency to buy as the asset trades at $2.8 and is up 0.67%.

One reason why Fantom makes the list of the best cryptocurrency to buy 2022 is the recent onboarding of Hundred Finance's B.Protocol. The service allows the efficient and democratic liquidation of multiple assets without the need for complex flashing of on-chain gas wars. The FTM community will be able to contribute funds in return for the rewards of liquidation.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

9. Cardano – Most Promising Asset

Cardano is an open-source blockchain focused on delivering high scalability by studying the mishaps of pioneering blockchains. The Cardano network is focused on improving the effectiveness and capacity of its blockchain. 

With the Basho optimisation phase ongoing, Cardano is one of the most popular cryptocurrency to buy as the protocol continues to make core advancements to its nodes. The node v1.33.0 is geared at making major improvements to the network to increase transactional speed.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

10. Decentraland – Best Gaming Altcoin

Decentraland is a 3D virtual reality platform that allows gamers and content creators to fully express themselves in the metaverse using blockchain technology.

Decentraland has partnered with CryptoArt to exhibit the Live-Contact Real-Time -Trigger Future. The exhibition is facilitated by the original DEMO of the singer, Jie Zhang's music single and is termed a 'hyperspace' association. CryptoArt is focused on breaking the existing art seclusion and empower artists to delve fully into the metaverse and go public virtually. MANA is up by 2.56% and currently trades at $2.8. 

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

How to Buy Altcoins & New Cryptocurrency

LuckyBlock is one of those crypto assets that are certain to deliver a good return on investment and is worth looking into.

How to Buy Lucky Block

Lucky Block (LBLOCK) is only available on PancakeSwap.finance at this time. To buy the LuckyBlock crypto asset, investors can follow the simple step-by-step method:

  • Visit PancakeSwap page: You can now buy LuckyBlock on PancakeSwap.finance.

  • Connect wallet: Connect your crypto wallet to PancakeSwap. Wallets including MetaMask, Binance Smart, Trust Wallet, and TokenPocket are supported.

  • Add Funds to Your Wallet: You must have crypto in your wallet in order to buy Lucky Block. We recommend using Ether or Binance Coin.

  • Swap BNB for Lucky Block: Search for LBLOCK and click 'Trade.' Enter the amount of Lucky Block you want to buy, choose the coin you want to swap for it, and click 'Swap.'

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

How to Buy Cryptocurrency on eToro

1. Open an account with eToro

Log on to the eToro website and create an account on eToro. To create a new account, users will need to provide personal details, including full name, email address and others. Click on 'Create now' to sign up to complete the process. Users can connect their Google account or Facebook account to register on eToro seamlessly.

2. Verify ID

New users need to verify their identity using know-your-customer (KYC) information. You need to provide a snapshot of a driver's license or a government-issued ID card to verify the new account. A relevant utility bill or bank statement is also required to verify the address provided.

3. Deposit 

Click on 'Deposit Funds' to add funds to your eToro portfolio. The site will redirect to a payment page, where you can select your preferred payment method. Users can make payments using bank transfers, debit/credit cards, PayPal, etc. Input the amount you intend to invest and click on 'Deposit'.

4. Search for the Cryptocurrency

Search for the ticker symbol of the cryptocurrency you want to invest in on the search bar. Then, click on the relevant popup result.

5. Invest

Click on the 'Trade' button to invest in the cryptocurrency of your choice. Insert the amount you want to buy and click on 'Open Trade'.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection. Your capital is at risk. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Conclusion

There are several opportunities investors can leverage in the crypto market. However, prior information is key when choosing an asset to buy. 

Our top pick for the top altcoin to buy in 2022 for maximum gains is LuckyBlock, a new currency that provides fairness to the lottery system. The crypto asset has just concluded its presale stage and is now available on PancakeSwap.finance. Investors can still invest early and potentially rake in good profits if this cryptocurrency gains wider adoption for its global lottery.

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

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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