Marcus Richards
These days, there are thousands of crypto tokens on the market, so it’s quite easy to lose your bearings among them. Plus, with frequent fluctuations in value, cryptocurrencies are often misleading, so how do you know which ones to invest in?
This short article is called to inform you about the most trading assets to buy right now, so follow it carefully.
What Are Must-Buy Cryptocurrency Coins for 2022
Before jumping in, let us warn you about the risks. Now, it always includes a certain amount of risk when buying crypto coins; not all predictions are accurate in the end. Here we collected the set of coins that seem to be growing in value since their start.
1. Ether (ETH)
Ether, more famous as Ethereum (the name of the blockchain, not the token), is a popular purchase choice. Ethereum is widely adopted compared to other decentralized tokens, and its network is used to issue altcoins together with blockchain games.
Ethereum has seen a huge increase: from just §11 to $1,600 from 2016 till now, which altogether makes nearly plus 15,000%.
2. Electroneum (ETN)
The coin Electroneum, which only recently came to the top, is now very affordable but promises to grow even more after a serious downward trend this year: over 77% down.
Many experts expect its rise to $0.0196 in the next few years. Besides, even now, the coin is accepted in over 100 countries as a payment method and can be exchanged for fiat, e.g., Electroneum to USD or euro.
3. Binance Coin (BNB)
Apart from acting as a coin for gas fee payments on Binance, BNB has a great number of use cases: crypto trading, processing payments, and more down-to-earth ones, such as booking spots for traveling.
During the last few months, its price has grown to $284. This trend makes it also worth buying the coin for the sake of reselling.
4. Dogecoin (DOGE)
This coin is an example of how a viral joke becomes a decentralized coin because of huge social media support. The peculiar thing about it is that there’s no upper limit for the number of DOGE coins that can potentially be made.
5. Solana (SOL)
Solana used to jump in price a lot, and that became the reason for many investors to overlook it. However, even though the price declined, Solana has its own blockchain and doesn’t need to rely on other blockchain rules and designs.
The good news is that the coin is quickly recovering from the $26 – the level of the beginning of 2022 – now, it has regained more than 50%. Buying Solana opens up opportunities for trading as well, or, if a situation requires, exchanging it to fiat and vice versa: dollar to SOL and EUR to SOL.
6. Avalanche (AVAX)
Now, the fact that coins similar to Avalanche emerged and got popular is linked to Ethereum’s high gas fees, and hence, ETH is becoming a less affordable option. AVAX, in turn, offers something Ether doesn’t have: higher speed (2 sec. on average) and considerably lower fees.
In addition, it is more decentralized than other coins and holds subnets that are excellent for institutional use and games.
To resume, there are many worthy coins to consider while they are still coming into their own, and buy them early. Your choice might depend on what purpose you are pursuing, for how long you are going to hold the asset, and which issues you are dissatisfied with at a previous coin you invested in.
