It can be tricky to find the best altcoins to buy in 2022. With over 10,000 altcoins available in the crypto market, one can be indecisive in choosing the perfect altcoin to buy. Although, it is undoubtedly useful as these coins can often provide triple-digit returns!
This article will explore five(5) best altcoins to consider buying in 2022.
5 Altcoins to Buy in 2022
- Lucky Block(LBLOCK): Overall Best Cryptocurrency to Buy in 2022
- Ethereum (ETH): Exciting Crypto to invest in for long term holds
- Shiba Inu (SHIB): Most Promising cryptocurrency to buy due to “meme coin” status
- Cardano (ADA): Best Altcoin with Exceptional Development Team
- Ripple (XRP): It has Huge Potential
In-depth Look at the Top Altcoins to Buy in 2022
We’ve gotten an overview of the best altcoins in the crypto market currently, let’s dive in and explore each of these altcoins:
- Lucky Block (LBLOCK) – Overall Best Cryptocurrency to buy in 2022
Lucky Block is often referred to as the “crypto platform that seeks to revolutionize the lottery industry”. Lucky Block is a fast-rising lottery platform built on the Binance smart chain. According to the developers, Lucky Block was created after realizing numerous key areas that could be improved in relation to current lottery systems. They wanted to build a lottery platform with regards to users’ experience and digital nature. L Block has a built-in ‘burn rate’, the supply decreases over time which naturally pushes the price higher – thus, a natural way to make a consistent profit if you invest.
- Ethereum (ETH) – Exciting Crypto to Hold Long Term
Ethereum is another great option for crypto investors, as many Traders believe it has higher price potential than Bitcoin. Ethereum is the second most traded cryptocurrency right after Bitcoin. The platform offers dApp developers a medium to build their projects and implement smart contracts. Most significantly, Ethereum’s partnership with the NFT industry is a huge development on its own. Making Ethereum a major altcoin to invest in anytime.
- Shiba Inu (SHIB) – Most Promising cryptocurrency to Buy due to its “meme coin” status
Shiba Inu burst into the crypto scene in October 2021, and in just under one month, it exploded by over 1,000 percent increase. Investors have announced SHIB as a highly underrated altcoin capable of continuous price increase in 2022; especially with its newly launched development Shiba Swap. Its meme status has given Shiba Inu a relatable feel and more appeal to its name. Shiba Inu should be part of your bucket list on what altcoin to buy in 2022.
- Cardano (ADA) – Best Altcoin with Exceptional Development Team
Although Cardano has had a tough situation in the past few months, this open-source blockchain network does have excellent prospects. Like Ethereum, Cardano enables developers to build dApps and launch Smart contracts. Nonetheless, Cardano’s system is designed using peer-reviewed literature by experts academics. Due to this, businesses are likely to find cardinal as a more secure option than other blockchain networks.
- Ripple (XRP) – Exciting Altcoin with Huge Potential
Ripple owns and manages “RippleNet“, a payment and exchange network that offers faster and cheaper money transfers than Banks. Ripple’s constant improvement and proficiency in service since its existence in the crypto market makes XRP a leading altcoin to buy in 2022. As the demand for faster transactions ramps up, cryptocurrencies like XRP are liable to be widely used which makes Ripple an excellent investment opportunity for years ahead.
In summary, this article has discussed the best cryptocurrency to buy in 2022. Overall, our top picks in the crypto market right now would be Lucky Block and Ethereum. Investors have a higher chance to become the next crypto millionaires hence these altcoins have higher potential.