5 Best Options To Invest In Cryptocurrency Market in 2022
Investing in a cryptocurrency market or crypto project in March 2022 can result in profit.
Following a stellar year in 2021, the cryptocurrency market is now valued at over $2.2 trillion. The market’s sheer size allows for the launch of numerous smaller coins that generate enormous returns for investors.
Are you’re looking for some exciting new investments to do in the cryptocurrency market for March 2022? In that case, this article will examine the seven best new cryptocurrencies to invest in – ensuring your strong grasp on the best assets for the weeks and months ahead.
Best Options in the Cryptocurrency Market
Right now, our top cryptocurrency market pick is Lucky Block. Lucky Block is a blockchain-based lottery platform that aims to significantly improve the experience offered by legacy lottery systems by leveraging decentralized technology. LBLOCK, Lucky Block’s native token, is a critical component of the platform, as it is used to pay transaction fees and purchase lottery tickets. Additionally, because jackpots are paid in LBLOCK, winners can receive their winnings immediately!
Lucky Block’s presale sold out in record time, netting the platform $5.7 million in funding. Due to the platform’s growing popularity, Lucky Block’s developers decided to list the LBLOCK token on PancakeSwap ahead of schedule, resulting in a trading volume of more than $3.4 million on the token’s first day of listing. Looking ahead, Lucky Block’s development team has set their sights on obtaining a Binance listing in Q1 2022, just before the lottery’s official launch on March 25th.
Finally, the presale and PancakeSwap listing have sparked an enormous response within the Lucky Block community, with the platform’s Telegram group now boasting over 24,000 members. As a result, we’ve selected LBLOCK as the next cryptocurrency to explode in 2022.
- Decentraland (MANA) – The Best Cryptocurrency to Purchase for Metaverse Exposure
Decentraland is another intriguing cryptocurrency to consider, as the platform provides access to a virtual world that allows for the monetization of in-game items. As such, Decentraland is one of the most popular platforms for exploring the metaverse, allowing users to purchase and sell virtual real estate known as LAND. Additionally, in-game items can be traded on the Decentraland Marketplace, resulting in a fully functional economy. Did you know that eToro offers competitive spreads on cryptocurrency purchases? MANA’s current price of $3.20 implies significant upside potential in the months (and years) ahead.
- Polkadot (DOT) – The World’s Best Cryptocurrency Blockchain With Unmatched Scalability
Polkadot is a cutting-edge protocol that aims to facilitate the interoperability of blockchains. At the moment, most blockchains operate independently, making data sharing with other platforms difficult. Polkadot’s parallel processing approach enables blockchains to serve as ‘parachains’ within the system, enabling significantly increased scalability. Ultimately, this means that developers can create cross-platform applications while still preserving the autonomy of each blockchain. Polkadot’s strategy appears to have the potential to fundamentally alter how the crypto world operates, making it an exciting token to consider for 2022.
Congratulations to @Unique_NFTchain on winning the 14th auction!
Unique will be onboarded at the beginning of lease 8 [roughly June 4, 2022] with the winners from auctions 15-18. Unique’s NFT parachain will enable sponsored transactions, re-fungibility, and more on Polkadot. pic.twitter.com/zBHTPf6H6j
— Polkadot (@Polkadot) April 13, 2022
- Chainlink (LINK) – Affordably Priced Cryptocurrency with a Bright Future
Due to the decentralized nature of blockchains, obtaining data without jeopardizing their principles is challenging. Chainlink addresses this issue by enabling blockchains to receive real-world data while remaining decentralized. Using Chainlink’s ‘oracles,’ data from non-blockchain sources can be delivered to the Ethereum network’s smart contracts, enabling them to function correctly. This service is precious within the cryptocurrency ecosystem, which is why Chainlink appears to be on track for an incredible 2022.
- Curve (CRV) – The Most Popular Cryptocurrency to Invest In With Returns of More Than 400%
The Curve is a decentralized exchange (DEX) based on Ethereum, specializing in stablecoin trading. The Curve enables investors to exchange stablecoins at a low cost and with little to no slippage. Curve accomplishes this by utilizing liquidity pools, which will allow investors to place their assets and earn significant returns. Additionally, because Curve is decentralized, users are not required to undergo stringent KYC checks as they would on centralized exchanges, making Curve an appealing prospect for the future of DeFi.