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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
PancakeSwap Exchange is one of the latest additions to the world of crypto exchanges. Although only launched in 2020, it has managed to create a name for itself and carve a large piece of the market due to low cost, speed of transactions, and several other features that stand it apart from the competition. Among other things, PancakeSwap allows its users to earn passive income with their inactive assets.
One of the features PancakeSwap possesses, like many automated market makers (AMM), is its flexibility which allows new coins and tokens to be listed with ease. That is why many investors search for new tokens listed on PancakeSwap. Many new crypto assets make their debuts on PancakeSwap, providing traders with a handy place to peruse them and divide the wheat from the chaff.
Of course, not all new tokens listed on PancakeSwap are worth your time or money. In fact, many aren't. That is why we have gone through them and created this list of the best new tokens on PancakeSwap that should help you narrow down your choice of investments. If you can't be bothered to read detailed descriptions, here is a handy breakdown of the 5 best new coins on PancakeSwap for 2022.
1. Lucky Block (LBLOCK) – Overall Best New Token on Pancakeswap For 2022
2. Mobox (MBOX) – The Best New NFT Token on PancakeSwap
3. Cake (CAKE) – PancakeSwap's Native Token
4. Shiba Inu (SHIB) – The Best New Meme Token on PancakeSwap
5. Safemoon (SAFEMOON) – The Most Popular New Token to Buy on PancakeSwap
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Lucky Block is our choice for the best new token on PancakeSwap 2022. There are several reasons for this, but before we get into them, let us see what Lucky Block actually is.
A new token based on Binance Smart Chain (BSC), Lucky Block was designed to mitigate some of the glaring faults in the lottery industry and provide for a more inclusive environment for players. Launched on PancakeSwap in January 2022, LBLOCK has immediately started making waves, with a net gain of 150% in a single 24 hours period.
The initial offer of 35% of assets (totaling 32.5 billion tokens) brought the team behind Lucky Block around $5.7 million. The buzz surrounding this new lottery crypto has been so strong that pre-launch was cut short and the launch date moved two weeks earlier than planned. After PancakeSwap, the team is planning listings on all major exchanges, starting with Crypto.com and FTX. LBLOCK already appeared on Coinmarketcap, with a market cap of $170 million. Knowing all this, it is easy to see why we consider Lucky Block one of the best new tokens on PancakeSwap in 2022.
At the moment, Lucky Block is worth $0.006563, with more than 14,000 unique addresses holding it. It also has a backing of a Telegram group with more than 25,000 members, sharing news and awaiting new developments.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
One of the newest NFT platforms, Mobox is based on Binance Smart Chain. The token tries to combine two widely different concepts, that of DeFi yield farming and NFT gaming in an effort to create what developers describe as a "free-to-play, play-to-earn" gaming design model.
The model can be applied to various platforms, including NFT framing, yield farming, and blockchain gaming. Mobox also comes with a built-in staking feature for investing in liquidity pools or via MOMO NFTs. The team has already launched two games that will serve as showcases of the possibilities the new system offers.
Mobox ecosystem consists of three main parts. NFT Creator allows users to design and develop their unique MOMOs which can be used in games across the platform. It employs the ERC-721 standard and is a great option for all users wishing to create their own assets. The second part is the NFT Marketplace for buying, selling, or renting MOMOs without limitations. Users can trade even with traders from other ecosystems, so it functions as a mini crypto exchange. Finally, the Game Creator aims to provide users with a platform to express their creativity. Indie developers will have at their disposal a set of API tools that will let them create and publish their games.
All these features have made Mobox a very popular token and have raised its market cap to $215 million. Mobox currently sells for $2.70 and it may be a good time to invest in it.
Cryptocurrency markets are highly volatile and your investments are at risk.
Just like PancakeSwap, Cake is also based on Binance Smart Chain, using its latest BEP-20 protocol. It offers advanced features like smart contracts and is one of the most popular token standards on the market. Cake was designed to be the native token on PancakeSwap and as such, features lower transaction fees and much faster transaction speeds. Following on the success of the PancakeSwap exchange, Cake had a tremendous year and is poised to do even better in 2022.
Cryptocurrency markets are highly volatile and your investments are at risk.
Based on Ethereum, Shiba Inu is one of the most popular altcoins of 2021. Touted as the Dogecoin killer, it didn't quite achieve that goal, although it came fairly close to it at one time, even surpassing it in market cap briefly. Since then, Shiba Inu took a tumble, but the robust support it enjoys assure us that it will rebound strongly in 2022.
Shiba Inu was created by an anonymous group of developers called Ryoshi, although some sources claim that it is not a group, but rather an individual who is behind the project. The coin features Shiba Inu as its mascot, a popular Japanese dog breed.
Shiba Inu reached the height of popularity in October 2021, after receiving an endorsement from Elon Musk. The price skyrocketed, reaching a market capitalization of $41 billion. Since then, it has fallen to just shy of $16 billion, but with 500,000 investors still holding fast, Shiba Inu is in a good shape to rebound. It remains to be seen just how high it can go, but the goal of surpassing Dogecoin is still attainable.
Cryptocurrency markets are highly volatile and your investments are at risk.
The last item on our list of the best new tokens to buy on PancakeSwap in 2022 is Safemoon. Barely two years old, Safemoon is probably one of the biggest success stories on the market. Based on Binance Smart Chain and first listed on Panckaeswap, Safemoon made fortune for its early investors, increasing its market cap to $6 billion in the span of just three months. IT has since fallen somewhat dramatically, but Safemmon features a mechanism designed to prevent inflation. Regularly, a certain percentage of all tokens in circulation is burned, thus reducing the circulation and increasing the value of the remaining ones.
Cryptocurrency markets are highly volatile and your investments are at risk.
Trading tokens on PancakeSwap Exchange is similar to doing it on any other crypto exchange, with a few key differences. To better illustrate them, we have provided you with a short step-by-step guide on how to buy new tokens on PancakeSwap. To make it easier to follow, we have used Lucky Block as an example.
Trust Wallet is an online crypto wallet used for storing coins and tokens you buy on crypto exchanges and a necessary for crypto trading. Trust Wallet is one of the simplest on the market and an excellent crypto wallet for beginners. First, you need to download it from either Apple Store or Play Store, depending on the model of your phone. Once you have installed Trust Wallet, you can proceed to the next step.
Since PancakeSwap is based on Binance Smart Chain, you will need some BNB to initiate trades. Once you buy BNB, transfer it to your Trust Wallet.
At the bottom of the screen, you will see the "DApps" button. Press it, find and select PancakeSwap to initiate the connection. When asked, confirm the connection and you can now use Trust Wallet to trade on PancakeSwap.
Paste the Lucky Block contract address to the appropriate field and you will be presented with an option to buy some. Decide how many tokens you want to buy, depending on how many BNB you have, and input the amount into the field. Click swap and your transaction will be executed almost instantly.
Now you have to transfer your newly-bought Lucky Block tokens to your Trust Wallet. On the main screen select the "Add Custom Token" option and paste the Lucky Block contract address in the field. Your tokens are now safely stashed in your online crypto wallet.
Selecting the best new tokens on PancakeSwap can be a tricky task, but we are confident that our list will stand the test of time. We are especially assured that our top pick Lucky Block will be one of the coins that will mark 2022. The project simply has too many things going for it that its success is almost inevitable.
