the best to invest in bitcoin 2022

Top 10 Cryptocurrency Rankings For 2022 – Which One To Invest In?
The crypto market is full of established and promising projects. While many of them have turned out to be nothing more than hypes, a growing number of altcoins are listed on the .

We’ve reviewed a list of the top assets to invest in for large returns.

  1. Lucky Block (LBLOCK)

Even though Lucky Block is still new in the market, the crypto lottery protocol is one of the for the long term due to its huge growth potential.

Based on the Binance Smart Chain (BSC) network, the lottery token provides a more inclusive online lottery system where players are not hampered by distance or any financial system.

Also, Lucky Block aims to be a fairer and more transparent online lottery protocol hence its use of blockchain technology.

Lucky Block’s core mission is to ensure everyone is a winner and this is seen by the fact that every player gets a certain percentage from the jackpot winnings. In addition, players will enjoy zero transaction fees and also instant payouts.

Lucky Block has been one of the top-performing digital assets since the year began surging more than 1,200% in the past month.

The growth has since become tamed but the digital token is ramping up for more bullish activities given its recent efforts to launch on centralised exchanges line Binance, FTX, and a host of others.

  1. Bitcoin (BTC)

Despite a checkered start to the year, Bitcoin remains the number one in the . Launched officially in early 2009, Bitcoin is the first recognised digital currency and has continued to lead the crypto market. The decentralised asset controls around 40% of the burgeoning ecosystem.

The premier digital asset’s remarkable success and adoption largely lie in its cryptographic build-up. In the Bitcoin whitepaper of 2008, only 21 million BTC coins will ever be mined. This gives the crypto bellwether a deflationary outlook, with several retail and institutional investors preferring it to cash.

Bitcoin is currently the most adopted crypto asset, with a record number of legacy-facing companies adding the decentralised currency to their books. However, Bitcoin global adoption has been hampered by its energy-guzzling mining process, which reportedly contributes to the global climate crisis.

Efforts are ongoing to make this process more energy-efficient and more environmentally sustainable. One of such efforts is by computer chip manufacturing giant Intel Corporation, which has shared plans to launch a 3,600-watt miner to improve Bitcoin mining efficiency.

Bitcoin is currently facing a stiff bearish battle and has slid below the $40K mark. The digital asset is trading at $39,045.68, up 2.22% in the last 24 hours. The relative strength index (RSI) figure of 41.99 shows that BTC is trading in the underbought region, making now an ideal time to own one of the .

  1. Ethereum (ETH)

Ethereum is the premier protocol in the smart contracts niche and has birthed multiple ecosystems due to its robust network. Launched in July 2015, the Ethereum network enables the development of other decentralised applications (dApps) on top of its protocol.

Given this, Ethereum currently has 58.54% of the DeFi ecosystem in its stronghold, pointing to a flourishing protocol.

Ethereum has broken into the crypto limelight and is currently the second most valuable digital asset behind Bitcoin. The digital asset surged to the north of $5,000 during the November 2021 crypto bull run.

However, the smart contract protocol has since dipped this year and is trading at $2,686.20, up 3.61% in the past day. The DeFi hub has since posted a 51.26% increase in the last six months, making ETH one of the for the long term.

Following in the footsteps of its older crypto cousin, ETH has since been added as a form of appreciation for content on Twitter Tips. This was announced on February 16 by Twitter.

  1. Binance Coin (BNB)

Binance may not currently be the third most valuable digital asset by market cap, but the discount token is one of the . Owned by the world’s largest crypto exchange by trading volume, Binance, BNB serves as an incentivisation tool for traders.

The BEP-20 token is used by traders to cut down on their trading fees from 0.10% to 0.025% depending on the amount of BNB they hold. Binance Coin has continued to feature prominently beyond the crypto exchange and is a principal character in the larger Binance ecosystem. All protocols built atop the Binance Smart Chain (BSC) interact with BNB, increasing its use cases and user appeal.

Binance Coin is set to play a principal role in the rebranded BSC network, following a network restructuring from the BSC to BNB Chain.

The idea is to make the new protocol a multi-chain solution catering to unique needs in the MetaFi ecosystem, consisting of the Metaverse, GameFi, SocialFi, Web3, and non-fungible tokens (NFTs). BNB is currently trading at $379.30, down 0.31% in the last 24 hours.

  1. Ripple (XRP)

Ripple is another and should not be missed. The Ripple blockchain is a scalable and low-cost protocol that is focused on enabling financial institutions to transfer value across borders.

Launched using the Federated Consensus Algorithm (FCA), Ripple is one of the better-known crypto projects in the market and is currently the 6th most valuable digital asset by market valuation. The Ripple blockchain has separated itself from the crypto crowd largely due to its innovative use of its technology.

Ripple has committed to a carbon-free future, with plans to make its protocol environmentally friendly come 2030.

The Digital Euro Association (DEA) has also tapped the blockchain protocol as a principal partner to develop its central bank digital currency (CBDC) program.

Price-wise, Ripple’s XRP token is currently trading at a discount for $0.78, down 1.57% in the past day. However, the digital asset is holding its own and is trading on par with the 50-hour exponential moving average (EMA) indicator.

  1. Cardano (ADA)

Cardano is a and ranks as one of the most celebrated blockchain protocols in the crypto market. Using a peer-review system, Cardano is a proof-of-stake (PoS) protocol that enables the development of smart contract networks.

Cardano is still under development. However, it’s expected to come with a high throughput of over 3 million transactions per second (TPS) once its Hydra update launches later in the year.

Several dApps have been migrating or building directly on the Cardano network due to its low-fee and energy-efficient structure. One of the newest entrants is Acardex, which doubles as an automated market maker (AMM) and decentralised exchange (DEX). The blockchain protocol will enable the seamless exchange of native and non-native tokens on the Cardano network.

Other unique features include anonymity, reduced counter-party risks prompted by one party not going through with the transaction, and low-risk security.

Cardano’s ADA has borne the brunt of the current bear run resiliently and is currently trading below the $1 mark. At press time, ADA is trading at $0.949, up 1.22% in the last 24 hours, despite a broader market downtrend.

  1. Solana (SOL)

Solana has enjoyed a breakthrough in 2021 and is now considered one of the hottest prospects in the crypto space. Leveraging the PoS and proof-of-history (PoH) timing mechanism, Solana has a 50,000 TPS and costs way less in transaction fees than principal DeFi rival Ethereum.

These features make the DeFi hotshot one of the . It’s even better as the blockchain-driven economy continues to gain momentum.

Solana has continued to gain remarkable adoption and has reportedly suffered multiple network outages due to excessive transactions coming into the network. This points to growing market demand for a scalable and energy-efficient blockchain network — twin concepts the Ethereum network is building towards.

Solana recently launched the on-ramp payment solution in collaboration with stablecoin maker Circle protocol. The Solana Pay will enable USDC to operate in the Solana ecosystem.

Adding to this, Solana has recently been tapped by social donation tool Change for onboarding. Now, anyone can use the Phantom Wallet to sign a social cause, donate, and track their donations. SOL is currently trading below its record high of $260, with a price of $92.70, up 4.96% so far.

  1. Terra (LUNA)

Another prominent DeFi protocol, Terra blockchain, is one of the for the long term. The team behind the DeFi network aims to create a stable currency for digital assets as the crypto market is plagued by volatility.

This has led them to create multiple stablecoins for several fiat currencies, with the UST being the most prominent stable coins..

The Terra blockchain has continued to gain investor interest and is currently one of the most exciting blockchain protocols in the crypto market.

The Washington Nationals MLB franchise has recently teamed up with the Terra blockchain. It’s expected to be a 5-year partnership, and the total cost is placed at $38.15 million.

The partnership is in a bid to promote the Terra blockchain across all Washington Nationals’ networks and also boost the awareness of the UST and LUNA tokens.

LUNA has continued to ride on the crypto wave in the past year and surged to an all-time high (ATH) of $103.33 in late December 2021. Currently pegged at $51.24, LUNA is up 5.25% in the past day, showing a promising rally in the coming weeks.

  1. Avalanche (AVAX)

The Avalanche blockchain is reportedly the fastest blockchain protocol based on time-to-block finality. Also a DeFi-facing smart contract protocol, the Avalanche blockchain is a layer-1 network and aims to engender the broader adoption of DeFi and cryptocurrencies.

Avalanche has remained a principal competitor to the Ethereum network. So far, some DeFi protocols call it home. The most recent is DEX protocol ZeeDEX, which allows DeFi users to swap limitlessly with zero gas obligations, zero fees, and the best rates on its twin multichain DEX aggregator ZeroSwapLabs.

Utility token AVAX has borne the brunt of the bear market and is currently trading at $79.21, down 0.22% in the last 24 hours. This is 45.77% below its ATH of $146.22 in late November 2021. However, the AVAX token has grown more than 15,000% from its all-time low (ATL) of $2.79.

  1. Polkadot (DOT)

Polkadot is a heterogeneous blockchain solution founded by former Ethereum co-founder and CTO Dr Gavin Wood. The protocol enables the development of DeFi services on its protocol while connected to its Relay Chain. Each DeFi protocol is called a parachain and leverages Polkadot’s security infrastructure to build and launch blockchain services.

Polkadot has taken the quiet and less travelled path to building a sharded blockchain solution whereby all asset types can be seamlessly sent and received.

The protocol is currently working on its parachain auctions, which see DeFi protocols raise crowdfunds to bid for a spot on the network. HydraDX has recently won the 9th parachain auction and will join others in tapping into the Polkadot ecosystem.

The DOT token has seen its growth stalled by the broader market downtrend. At press time, DOT is trading at $16.82, up 0.32% in the past day. DOT is trading on par on the moving average convergence and divergence (MACD) indicator.

Read more:

5 Best Cryptocurrencies To Invest In For Beginners In 2022 According To Reddit

  1. Bitcoin Cash
    Bitcoin Cash is essentially an updated version of Bitcoin, the most popular cryptocurrency in the world today. Some of the benefits that it offers over the parent coin is that transactions are faster, cheaper, and more reliable with Bitcoin Cash. It was launched in 2017. It is also the closest alternative to Bitcoin. As the price of Bitcoin climbs, many investors are looking for alternative investments in the crypto space. Regular network updates to meet demand help keep the Bitcoin Cash blockchain secure.

Bitcoin Cash is what some in the crypto world call a “hard fork” of the original coin. It was formed when not all the people on the original Bitcoin network agreed to a set of updates to the original blockchain, thus creating a spinoff coin. Other examples of hard forks of Bitcoin include Bitcoin Gold and Bitcoin Diamond. Hard forks usually don’t work well with the original software and updates are needed to be installed for seamless integration.

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12 Best Cryptocurrency To Invest In 2022
It would be fair to say that cryptocurrency has had something of a bad press in the business world since bitcoin mined its first block in January 2009. But the world has moved on.

Today there are publicly listed companies that hold bitcoin on their balance sheet such as MicroStrategy and Tesla, giant fund managers Fidelity and BlackRock entering the space and banks looking to set up custody operations for clients who have been beating down their doors to get in on the crypto action, current market reversals notwithstanding.

Today, the average chief financial officer will still vigorously resist proposals to carry such a speculative asset class as crypto on the books, but the days of dismissing crypto out of hand as “rat poison squared” as Warren Buffett famously did, are less common.

Let’s leave to one side the prospect of Microsoft or Google putting crypto into Treasury, however, and concentrate instead on the real use cases for crypto, which stretch way beyond digital assets as currencies, as many firms in the software-as-a-service space will know.

Identifying business sectors ripe for disruption
Below we provide a roundup of 12 crypto assets that have the potential to scale for mass adoption in financial markets but also other areas of the economy, from cloud computing to content delivery networks.

In our survey we will resist the temptation to take an adversarial approach, where crypto’s gain is taken to be the current incumbents’ loss. We don’t believe that is how things will develop. Indeed, many of today’s leading SaaS companies are likely to be leaders in adopting aspects of blockchain technology.

To have the best shout at gaining exposure to the best the crypto sector has to offer, it is probably necessary to diversify across the asset class’s various sub sectors, which is what we have tried to do with our nifty dozen picks.

We have picked 12 cryptocurrency with the technology, adoption progress, execution and product marketing prowess to deliver on the promise of blockchain as a disruptor and disintermediator that could change the face of the SaaS space in innovative and profitable ways.

As with all definitions, competing ones can bleed into each other, but we have grouped our token selections into the following four business sectors, with three crypto in each:

All table data correct as at 21 February 2022

Here’s our 12 Best Cryptocurrency to Invest in 2022
Before you get started, you might also want to read our Best Bitcoin Brokers in the UK guide for a breakdown of the most popular places to buy cryptos in 2022.

Web 3.0 cryptocurrency for 2022 1. Lucky Block – transforming lotteries with blockchain tech
Lucky Block is a new lottery platform that aims to revolutionise the $330 billion global industry by solving, among other things, the lack of transparency and trust in current lottery products. Breaking the grip of the centralised lottery operators by applying the power of ‘Web 3.0’ decentralised networks is how Lucky Block plans to succeed.

With Lucky Block, winners are not just randomly generated in a verified manner but players will be able to vote on where charitable donations go – with all transactions visible on the public blockchain.

In addition, the cost savings that accrue from running lottery draws on a blockchain are the basis for better odds for ticket buyers. The benefits don’t end there. Lucky Block, which launches on 21 March when the mobile app is scheduled to be available, also pays a token distribution to every token holder. Ten per cent of every jackpot goes to token holders.

Then there is the added allure of the 12% transaction fee on sales of the native token of the platform, LBLOCK, which acts to incentivise long-term investment as opposed to purely speculative trading so common in crypto hitherto.

Lucky Block’s mission is nothing less than the replacement – or supplementing – of national lotteries with a truly global system open to all. There’s all to play for, so to speak.

Data in table below is from decentralised exchange PancakeSwap. We have included volume data from centralised exchange LBank, where LBLOCK also trades.

LuckyBlock (LBlock/WBNB) Price: $ 0.007681 Volume 24 hour: $3,043,505.65 (+ $3,871,040 on LBank) Holders: 37,583 Transactions: 370,495 Pooled LBlock: 626,246,281.82 Pooled WBNB: 12,207.82 Total liquidity: $9,616,200.54 Diluted Market CAP: $768 million
Launch partners

lucky block price chart 3 feb

lucky block price chart 3 feb

  1. Filecoin (FIL) – distributed file transfer and storage
    Filecoin is a distributed data storage network that seeks to turn unused data storage into a business resource, where those with excess capacity are able to sell it users seeking greater capacity.

Exchange takes place in an automated algorithmically driven marketplace.

The network is built on top a protocol known as InterPlanetary File System (IPFS), acting as both a layer to incentivise participation in the network and provide security in addition to its peer-to-peer sharing of storage.

Protocol Labs is the company behind Filecoin.

RETURN ON INVESTMENT (USD – %) 24H 0.48 7D -1.91 1M 6.88 3M -60.73 1Y -54.55
Institutional investors

Ausum Ventures
Blockchain Capital
BlueYard Capital
Boost VC
Coefficient Ventures
Continue Capital
Digital Currency Group
Galaxy Digital
Kosmos Capital
Nirvana Capital
Notation Capital
Pantera Capital
Placeholder VC
Y Combinator
a16z Crypto
zk Capital
filecoin price chart 3 feb

filecoin price chart 3 feb

  1. Theta Network (THETA) – decentralised video streaming
    Huge investment is pouring into the video streaming industry, as heavyweights such as Netflix, Amazon, Apple, Disney and more compete for eyeballs.

But Theta Network is using blockchain to transform how we consume video content, as well as up-ending the creative process and the technology of streaming.

The THETA token incentivises network usage, where excess computing power and bandwidth can be shared across the decentralised network.

RETURN ON INVESTMENT (USD – %) 24H 5.54 7D -13.02 1M 12.61 3M -54.77 1Y -13.12
Institutional investors

Consensus FinTech Group
DU Capital
Fundamental Labs
Genesis Block
Gumi Cryptos
Huobi Capital
Jove Capital
Nirvana Capital
Origin Capital
ZMT Capital
Theta network price chart 3 feb

Theta network price chart 3 feb

Metaverse and NFT cryptocurrency for 2022 4. The Sandbox (SAND) – metaverse and gaming digital asset monetisation platform
The Sandbox platform is an ecosystem where gamers can create, own, and monetise their activities wit the help of non-fungible tokens (NFTs) and its utility token $SAND. NFTs are in effect a digital certificate of ownership.

Players can use NFTs to assign verifiable ownership to their digital assets integrate into games and trade on marketplaces. The Sandbox provides tools such as the Game Maker to enable player engagement.

Also, The Sandbox virtual world – or metaverse – is comprised of digital lots of real estate bought with LAND tokens, where players can become digital property developers and interact.

Companies such as Facebook owner Meta are betting big on the metaverse as the next iteration of the internet, where people will work, play, socialise and shop, so there will be money to be made.

An unknown buyer recently paid $450,000 for a patch of virtual land next to rapper and businessman Snoop Dogg’s Sandbox ‘residence’.

RETURN ON INVESTMENT (USD – %) 24H 4.69 7D -16.71 1M 11.56 3M -37.44 1Y 943.06
Institutional investors

Binance Labs
True Global Ventures
thesandbox price chart 3 feb

thesandbox price chart 3 feb

  1. Decentraland (MANA) – Metaverse virtual world
    Decentraland is similar to The Sandbox in its virtual world aspect. Here there are also LAND tokens which are purchased with the ERC-20-compatible MANA token that runs on the Ethereum blockchain.

Again NFTs are used to assign ownership to the digital real estate. And just like in the real world, the most valuable LAND is to found in the busiest places.

NFT-focused company Tokens.Com spent nearly $2.5 million on LAND in the virtual world in an indication of the burgeoning interest in the metaverse and the commercial opportunities it offers.

And at the end of January the metaverse’s first mortgage was taken out. On 29 January TerraZero, a vertically integrated metaverse company, advanced financing to one of its clients so they could buy Decentraland real estate.

While Mark Zuckerberg’s Meta Platforms is spending billions to build its metaverse, crypto have been quietly building an ‘open’ metaverse for a number of years, and at far less cost.

RETURN ON INVESTMENT (USD – %) 24H 1.01 7D 3.76 1M 44.69 3M -26.72 1Y 838.60
Institutional investors

Animoca Brands
Boost VC
Digital Currency Group
Fabric Ventures
Fundamental Labs
Kenetic Capital
Kosmos Capital
decentraland price chart 3 feb

decentraland price chart 3 feb

  1. Enjin (ENJ) – gaming community platform, virtual goods marketplace
    Enjin Coin is another game-focused metaverse product from the crypto world, this time focused on making its token the go-to digital asset for in-game items. Enjin aim is to become the “largest gaming community platform online” and already boasts the involvement of 250,000 gaming communities with a total of 18.7 million gamers.

The Enjin team are innovators in the NFT field, with a token they invented winning approval as an Ethereum token standard for specialised NFTs – ERC-1155.

Similarly to the The Sandbox, Enjin distributes software development kits (SDKs) to developers in order to facilitate rapid deployment of integrations into games.

RETURN ON INVESTMENT (USD – %) 24H 6.09 7D -6.73 1M 8.30 3M -57.55 1Y 184.58
Institutional investors

Coinbase Ventures
DT Capital Partners
Digital Currency Group
Framework Ventures
Kilowatt Capital
Multicoin Capital
ParaFi Capital
enjin price chart 3 feb

enjin price chart 3 feb

DeFi cryptocurrency for 2022 7. Curve (CRV) – decentralised exchange
Curve protocol has been a fast-grower in the decentralised finance (DeFi) sector. Its approach was initially centred on leveraging the liquidity of stablecoins to create more stable sources for yields on loans. There are no order books for the markets on Curve, with market making instead an automated process built around liquidity pool trading pairs.

Today it has expanded to become a venue trading all manner of coins with pegged values, such as so-called wrapped tokens that run blockchains other than Ethereum where Curve runs.

Currently, Curve has 122 different liquidity pools for the pairs that can be swapped on the decentralised exchange (DEX), where its highly competitive trading fees, deep liquidity and constrained slippage (when the price slips between the time the trade execution began and it finishing).

RETURN ON INVESTMENT (USD – %) 24H 2.55 7D -7.60 1M -7.00 3M -46.94 1Y -7.78
Institutional investors

Fuel Venture Capital
CreditEase Fintech Investment Fund
Outward VC
curve price chart 3 feb

curve price chart 3 feb

  1. Uniswap (UNI) – decentralised exchange
    Uniswap took original form in 2016 in the mind of Ethereum co-founder Vitalik Buterin as a blue-sky idea he was musing about. As with Curve, it operates with an automated market making system that obviates the need for an order book. Prices are determined by the ratio of the paired swapping assets.

Uniswap is the largest DEX by volume and its AMM system solves the problem of low liquidity in assets that hard are deemed hard to trade by traditional market makers. Because on a DEX anyone can be a market maker, thin liquidity is not an issue.

RETURN ON INVESTMENT (USD – %) 24H 4.39 7D -8.29 1M -12.67 3M -56.17 1Y -66.23
Institutional investors

Andreessen Horowitz
Coinbase Ventures
Defiance Capital
Delphi Digital
ParaFi Capital
Three Arrows Capital
uniswap price chart 3 feb

uniswap price chart 3 feb

  1. PancakeSwap (CAKE) – decentralised exchange
    PancakeSwap is a decentralised exchange (DEX) that run on the Binance Smart Chain (BSC) and is also based on automated market making system. PancakeSwap is a fork of SushiSwap, which is another Ethereum-based DEX.

A fork refers to a coin that shares it’s codebase with another crypto, but there are differences that add extra features. In this case, the change is the DEX runs on the Binance Smart Chain which is faster and cheaper to transact over.

BSC is built by the world”s largest crypto exchange Binance and operates with a form of what is known as a proof of stake system, where just 21 validators verify transactions as oppose to thousands of nodes on Ethereum.

RETURN ON INVESTMENT (USD – %) 24H 4.23 7D -4.21 1M 2.26 3M -48.02 1Y -53.86
Institutional investors

pancakeswap price chart 3 feb

pancakeswap price chart 3 feb

Data management cryptocurrency for 2022 10. Chinalink (LINK) – decentralised oracle network
Chainlink’s purpose is to solve the problem of connecting smart contracts to real-world events in a secure fashion. Smart contracts are pieces of code that embody certain business logic, such as when to pay an interest on a loan. In order to known when to make the payment to lenders, the smart contract in this case would need to know the calendar date.

Real-world information such as this is provided by ‘oracles’, which are in effect data feeds of one kind or another that exist off-chain. Chainlink is a network of independent oracle node operators, which makes it more secure than previous oracle services.

Services such as those provided by Chainlink are emerging as the essential plumbing of the blockchain world.

RETURN ON INVESTMENT (USD – %) 24H 4.52 7D -4.00 1M -3.73 3M -43.34 1Y -55.27
Institutional investors

Consensus Capital
Framework Ventures
Outlier Ventures

  1. Dent (DENT) – decentralised mobile data marketplace
    Dent says its vision is to create a global exchange using the Ethereum blockchain, where everyone has the opportunity to buy and sell mobile bandwidth in any country. With 7.26 billion thought to own a smart or feature phone – 91.62% of the world’s population – the business opportunity in this market is immense.

The company has already attracted more than 25 million mobile device users onto its decentralised marketplace for trading data surpluses. Dent’s service is available in more than 140 countries.

It is making significant strides forward in enterprise. Dent has partnerships in place with Samsung Blockchain and Telecom Infra, for instance.

RETURN ON INVESTMENT (USD – %) 24H 5.97 7D -5.38 1M 7.21 3M -53.18 1Y 14.68
Institutional investors

  1. The Graph (GRT) – indexing protocol for querying blockchains
    We take for granted that the internet “just works”, without having to think about how universal resource locators (urls – web links) actually work of what TCP/IP protocols are. Without them there would be no Google search engine. The Graph is attempting to build the indexing standard for the decentralised application world, so that data on blockchains can be queried in an easily accessible way.

Developers build applications with The Graph’s open APIs can readily access on-chain data that have been previously indexed by a network of node operators.

The Graph’s technology – called Subgraphs – is open source so all-comers can build decentralised apps (dApps) using them. Among the many Ethereum dApps using Subgraphs are high-profile projects Audius, Uniswap, and Synthetix.

RETURN ON INVESTMENT (USD – %) 24H 6.00 7D 3.13 1M 0.16 3M -53.77 1Y -81.92
Institutional investors

Coinbase Ventures
DT Capital Partners
Digital Currency Group
Framework Ventures
Kilowatt Capital
Multicoin Capital
ParaFi Capital
Tally Capital
the graph price chart 3 feb

the graph price chart 3 feb