5 Best Cryptocurrency to Invest in 2022

2022/03/30By:

Top Cryptocurrencies to Buy in the Case of Escalating Global Tensions

The first few months of 2022 are indeed eventful. First, stocks suffered their worst month since the dark days of March 2020, dragging down cryptocurrencies. Then, Russia’s unwarranted invasion of Ukraine plunged the financial markets into further turmoil, because western countries anxiously hoped that any comparison with Germany’s invasion of Poland in 1939 would be superfluous. In this turmoil, market commentators have always taken a very different view of cryptocurrency. Is it just a secret money laundering tool that Russia will skillfully use to evade destructive sanctions? Is it a lifesaving way for anyone in the world to fund Ukraine to defend its sovereignty? In fact, any broad description of the role of cryptocurrency lacks key nuances, and even war cannot eliminate this $2 trillion asset class. Here are the seven cryptocurrencies that are most worth buying.

If you are interested in investing in the cryptocurrency market, a great way to generate above average returns is to find the best cheap cryptocurrency to buy. Since these coins are often traded at low prices, any upward movement can bring returns beyond the market for smart investors.

 

1. Lucky block (LBLOCK) 
Lucky block is an encrypted lottery platform that uses blockchain technology to improve the traditional lottery system. Users can use the platform’s native token LBLOCK to buy lottery tickets, which means that the whole process is digital and fair.
Using LBLOCK instead of FIAT, lucky block can make payments faster – and draw prizes multiple times a day. In addition, due to the elimination of geographical boundaries, users from all over the world can participate in these sweepstakes. Now the hype around lucky block is huge, and the pre-sale is sold out two weeks in advance. In addition, lucky block has more than 20000 members in its telegraph group, highlighting its solid community support.

 

2. Maker (MKR) 
Maker is the native token of makerdao, a decentralized lending platform based on Ethereum network. Users can lock eth in the protocol and create ‘Dai’, a stable currency linked to the US dollar. In essence, this allows users to accept cryptocurrency loans and generate revenue without intrusive KYC checks.

 

3.Avalanche (AVAX) 
Another exciting new cryptocurrency to invest in 2022 is avalanche. Avalanche is an ultra fast blockchain platform, which uses three chains instead of one – which means that tasks are divided and transaction speed is greatly improved. Because avalanche uses two independent consensus mechanisms, the speed has been greatly improved to ensure the great scalability of the platform.

 

4.Ethereum (ETH) 

Ethereum is the second largest cryptocurrency in the world after bitcoin, and has grown exponentially in recent years. It has increased exponentially in recent years. Unlike bitcoin, Ethereum provides a platform on which developers can establish dApps and fully support smart contracts.

Developers can establish dapps and provide comprehensive support for smart contracts. The upcoming Ethereum 2.0 will see the platform improve its transaction speed and efficiency
Scalability while reducing costs. In the end, this may be good news for investors. Because these changes can see the rise in the value of ETH.

 

5. Enjin (ENJ) 
Enjin is an Ethereum-based cryptocurrency used to power an ecosystem of NFTs. The exciting thing about Enjin is that the coin can be used in various blockchain games to buy and sell items. Furthermore, items denoted in ENJ can be used across multiple games, offering interoperability between different developers.

Register now to begin your crypto journey

Download the BTCC app via App Store or Google Play

Follow us

Scan to download

Comments

View more

Leave a comment

Your email address will not be published. Required fields are marked with an asterisk (*).

Comment*

Name*

Email address*

Submit