There’s hardly any person remaining who hasn’t thought about investing in cryptocurrency. Today we will take a closer look at the best cryptos to choose from in 2022. We’ve compiled a cryptocurrency list that showcases a wide array of different cryptos to consider investing in.
This list covers the current top cryptocurrencies, cryptocurrencies under $1 and under a penny, and the next cryptos to explode in 2022, among others. Read on to find the perfect cryptocurrencies to invest in during 2022 to make a huge profit!
2022 hasn’t been an interesting year for cryptocurrencies so far. Several cryptos have dropped in value, and a lot of work is being done on them bureaucratically. This presents an opportunity for savvy investors, however. If you buy crypto while it’s low, and the price skyrockets back, you can see huge profits! So, what is the best cryptocurrency to invest in right now? We did some research and found these coins to look out for:
The 7 best cryptocurrencies to invest in during 2022 are:
- Lucky Block
Each of these cryptocurrencies has a different strength. Some of them are considered to be the best cryptocurrency to invest in in 2022 as they are established and proven, whereas others are under both a single dollar and a penny. Still, some have shown potential in being the next crypto to explode in 2022. Let’s go more in-depth on each of these cryptocurrency stocks, and why they may be the right investment for you!
Decimal: Cryptocurrency Under $1 With Explosive Potential
The first cryptocurrency on our list is from the Decimalchain blockchain. Its native token, Decimal, was released back in 2020 but has shown incredible potentiality throughout its life. The cryptocurrency spiked up to $0.31 in 2021 from its initial value of less than a penny in 2020. Decimalchain is also unique among blockchains for its streamlined design and functions. Decimalchain allows for quick and simple peer-to-peer transactions. It also provides monetary rewards to holders when a new block is attached to the blockchain. If you’re looking for what crypto to buy now, look into Decimalchain! It’s easy to invest in but could be the next crypto to explode in 2022.
Lucky Block: Most Likely to Explode
The first cryptocurrency we’re covering, and the one topping our list, is Lucky Block. Lucky Block is a new cryptocurrency, only debuting in January of this year. In that short time frame though, it’s shown a lot of potential and has become Reddit’s top cryptocurrency to invest in. The crypto was valued at $0.00021 originally before hitting monumental growth, hitting growth levels of over 1000% percent. Crypto is also very cheap, currently priced at under a penny. Its current market value is $0.000956. If you’re looking for the next crypto to explode in 2022, look no further than Lucky Block, it may be the right crypto for you!
Bitcoin: Best for Long Term Investing
Next, we’ll cover a veteran player in the cryptocurrency scene: Bitcoin. Unlike Lucky Block, which is up and coming, Bitcoin has already established itself as a great long-term investment to hold. It started out selling for less than a penny before skyrocketing in 2017, reaching prices of $13,160. Since then, crypto has only become more and more valuable. The crypto is comparable to the S & P Index Fund: An established cryptocurrency stock to invest in and hold for long-term profits. It’s among the best crypto to invest in.
Dogecoin: Great Coin Under $1
The next cryptocurrency we’re covering differs from the other two in one very unique way: It’s a unique, and valuable, connection to internet culture and meme culture. Dogecoin famously entered the crypto market as only a joke, before exploding in popularity and value after Elon Musk began to promote the coin. It traded for less than a penny originally before blowing up to be valued at $0.10. Currently, Dogecoin is trading for $0.066 but always has the potential to blow up again, and be a profitable asset in your portfolio!
Ethereum: Alternative to Bitcoin
Another cryptocurrency that’s great for long-term investments and holding is Ethereum. Like Bitcoin, Ethereum is a highly-valued and established cryptocurrency that first debuted in 2015. Since 2015, the crypto has reached values of nearly $5000 and is currently trading for $1062. Due to some recent updates to Ethereum’s blockchain, the crypto has a unique opportunity to blow up again in price. Ethereum is not only a valuable investment for long-term holding, but it also has promising growth potential. It’s one of the best cryptocurrencies to buy.
DeFi: Under $1 With Potential To Explode
Next on the list is DeFi: Another cheap and emerging cryptocurrency that has shown a lot of potential in skyrocketing value. DeFi is the native token of DeFi Swap, a platform that has expanded a lot recently. With this expansion, its token has only increased in value and promise. A unique feature of DeFi that has fueled this growth is its ability to generate passive income. Whenever DeFi is bought or sold, taxes on the sale are distributed among coin holders. This, coupled with DeFi Swap’s growth, makes for a potent potential to explode in value.
ApeCoin: Crypto Tied To NFTs
Throughout 2021 and 2022, NFTs became a hugely profitable investment, especially the Bored Ape Club, created by the BAYC. ApeCoin became the native token in the BAYC ecosystem, with Bored Ape holders receiving $100,000 in the new cryptocurrency. The reason this crypto has such potential is because of its backing from the astronomically valuable BAYC community. As Bored Ape NFTs continue to grow in value, ApeCoin will too, making it an attractive investment with the possibility of having very high short-term returns.
All of the cryptos in this cryptocurrency list have the potential to increase your wealth by huge margins. Whether it’s because they are on the cusp of exploding in value, or because they’re established and valuable cryptos, any investor should consider sinking some money into them.
This raises the question, though: Just how to make money on cryptocurrency, and how do you go about investing in cryptocurrencies? Next, we’ll discuss just how you can invest in cryptocurrency to cash in on these promising cryptocurrencies!
How To Buy Cryptocurrency
Buying cryptocurrency is a simple process, a lot easier than most people believe it is. All you need is a couple of dollars to purchase either whole tokens or partial tokens, which you can then sell or trade for profit.
The first step in buying cryptocurrency is creating a wallet. There are several websites online that allow you to create crypto wallets and from there investing in various cryptos.
Some examples of websites include Coinbase, Nexo, Crypto, Exodus, and Mycelium. Each of these wallets has its pros and cons, so weigh them and research them to decide which wallet is best for you.
After you’ve created a wallet, you can buy and sell different cryptocurrencies and begin to make a profit!