Best New Crypto Coins to Buy in 2022

0


The cryptocurrency market continues to enter the mainstream, even after the remarkable price decreases in recent months. However, as with all markets, crypto is cyclical – meaning new crypto coins are set to enter with the potential to help the market rebound.

This guide discusses a selection of the best crypto coins to watch in the months ahead, touching on their use cases and price potential, before highlighting how to invest in new crypto projects today – using a laptop, tablet, or smartphone.

Best New Crypto Coins to Invest In 2022

New crypto listings are constantly springing up, with many offering innovative use cases within various niches. Below are ten of the best new cryptos to be aware of in 2022 – all of which will be analyzed in the following section.

  1. Lucky Block (LBLOCK)Overall Best New Crypto for 2022
  2. DeFi Coin (DEFC)Newest Crypto Coin Within the DeFi Sector
  3. ApeCoin (APE)Popular New Coin with ‘Meme Coin’ Potential
  4. Decentraland (MANA) – Best New Cryptocurrency in the Metaverse Niche
  5. IOTA (MIOTA) – Newest Crypto to Watch for ‘Internet of Things’ Applications
  6. GALA (GALA) – One of the Best New Crypto Coins in the Blockchain-Gaming Niche
  7. Avalanche (AVAX) – Top Blockchain Project with High Scalability
  8. Loopring (LRC) – Prominent Layer-2 Solution for Ethereum
  9. SushiSwap (SUSHI) – User-Friendly DEX with Passive Income Opportunities
  10. Aave (AAVE) – Top-Rated DeFi App with Significant Utility

Cryptoassets are a highly volatile unregulated investment product. 

An In-Depth Look at the Best New Cryptos to Invest in

The best new cryptocurrency projects listed above were found to offer compelling use cases, a stellar roadmap, and excellent value potential for the months and years ahead. With that in mind, let’s explore each of these new crypto listings in turn, covering what they are and how they work:

1. Lucky Block (LBLOCK) – Overall Best New Crypto for 2022

LBLOCK logoLeading the way when it comes to the best new crypto coins for 2022 is Lucky Block. Lucky Block has been one of the year’s biggest success stories, thanks to its innovative ‘crypto-gaming’ use case. Using the Lucky Block platform, users can participate in daily jackpot draws hosted using blockchain technology – thereby ensuring fairness and transparency.

These draws are facilitated using LBLOCK, Lucky Block’s native token. This makes Lucky Block one of the best new cryptocurrencies on the market, as it ensures prize winnings can be distributed almost immediately. What’s more, users who hold LBLOCK in their connected crypto wallet will even receive a free entry ticket to Lucky Block’s prize draws every day.

LBLOCK price chart

Aside from the jackpot aspect, Lucky Block has proved to be a fantastic asset for speculative investors. There were over 50,000 LBLOCK token holders within the first 90 days of launching, making Lucky Block the fastest crypto to reach a $1 billion market cap. Those fortunate enough to invest during the presale phase made quadruple-digit returns after LBLOCK was listed on PancakeSwap.

Lucky Block’s creators have also ventured into other areas of the market, with the ‘Platinum Rollers Club’ NFT collection being particularly appealing. Owners of these NFTs are entered into a second exclusive prize draw worth an estimated $10,000 per day. Finally, with 10% of each jackpot amount being donated to charity, there’s a way that Lucky Block’s users can make a tangible difference in local and national communities.

Cryptoassets are a highly volatile unregulated investment product.

2. DeFi Coin (DEFC) – Newest Crypto Coin Within the DeFi Sector

DEFC logoAnother of the best new cryptos to watch is DeFi Coin (DEFC). DeFi Coin is the native token of the exciting new decentralized exchange (DEX), DeFi Swap. After numerous delays, DeFi Swap finally launched in mid-2022, to great acclaim from investors.

Within the DeFi Swap ecosystem, users can swap, stake, and farm numerous tokens, including wETH, DAI, USDC, BUSD, and more. Yields within the DeFi Swap ecosystem are desirable and offer a viable alternative to other investment accounts. At the time of writing, DeFi Swap’s ‘Platinum’ tier offers an estimated APY of 75%, with a lock-up period of 365 days.

DeFi Coin price chart

Aside from being an integral part of the DeFi Swap platform, DEFC is also appealing due to its ‘static rewards’ mechanism. This works by levying a 10% tax whenever someone buys or sells DEFC – with half of the collected amount being distributed back to the remaining token holders as a reward. Not only does this provide a steady passive income stream, but it also incentivizes DEFC holders to keep their tokens, helping stabilize the price.

Another reason DEFC could be the best new crypto to buy this year is DeFi Swap’s roadmap. Although the platform is still relatively new, the development team already have plans to release a DeFi Swap app, along with added features to the exchange such as crypto signals and interactive charts. Finally, due to DEFC’s inherent burn mechanism, holders can benefit from the token’s deflationary aspects over the longer term.

Cryptoassets are a highly volatile unregulated investment product.

3. ApeCoin (APE) – Popular New Coin with ‘Meme Coin’ Potential

APE logoApeCoin is one of the best new cryptos with ‘meme coin’ potential, thanks to its inherent links to the Bored Ape Yacht Club (BAYC) NFT collection. As many investors will know, this collection has taken the NFT market by storm over the past year, building a cult-like following and being owned by A-list names like Eminem and Logan Paul. Due to ApeCoin’s connection to this phenomenon, the coin already has colossal community backing.

ApeCoin price chart

ApeCoin will become the native token of BAYC’s upcoming virtual world, ‘The Otherside’. Moreover, APE has already been integrated into other blockchain-based games, such as Play-to-Earn enterprise Benji Bananas. Although other use cases are scarce, APE could be one of the best new crypto coins for value potential.

Cryptoassets are a highly volatile unregulated investment product. 

4. Decentraland (MANA) – Best New Cryptocurrency in the Metaverse Niche

MANA logoAlthough not technically a ‘new’ cryptocurrency, Decentraland remains one of the most talked-about projects within the metaverse niche. Put simply, Decentraland is a virtual world built on the Ethereum network that allows users to create their own avatars and make pretty much anything. The great thing is that users’ creations can then be structured as NFTs and sold on the in-world marketplace.

MANA price chart

Transactions take place using MANA, Decentraland’s native transactional token. This new crypto today has already generated massive appeal with the gaming community, reaching a remarkable 18,000+ daily active users towards the end of 2021. Although the hype has died down recently, Decentraland remains one of the newest crypto coins with sky-high potential within the metaverse space.

Cryptoassets are a highly volatile unregulated investment product. 

5. IOTA (MIOTA) – Newest Crypto to Watch for ‘Internet of Things’ Applications

IOTA logoIOTA is the latest cryptocurrency to revolutionize the ‘Internet of Things’, a catch-all term used to describe all of the devices that can connect to the internet. This crypto project looks to solve the scalability issue inherent with the growth of the IoT concept, using what’s known as ‘The Tangle’. This is similar to Bitcoin’s distributed ledger technology, yet without the mining aspect.

IOTA price chart

Not only does this reduce energy expenditure, but it also removes transaction fees on the network whilst remaining super-fast. IOTA will allow hundreds of devices to send information to each other without the need for a centralized intermediary. Now that IOTA’s team has formed partnerships with leading brands like Bosch and Volkswagen, we may see this project expand further in the months ahead.

Cryptoassets are a highly volatile unregulated investment product. 

6. GALA (GALA) – One of the Best New Crypto Coins in the Blockchain-Gaming Niche

GALA logoGALA is an ERC-20 token native to the Gala Gaming ecosystem – a platform that hosts blockchain-based games with play-to-earn (P2E) features. By achieving specific in-game objectives, users can earn GALA – thereby monetizing their skill. In addition, Gala Games also incorporates NFTs into its offerings, which can then be traded on secondary exchanges.

GALA price chart

Although GALA currently runs on Ethereum, this new cryptocurrency today has announced that it will be launching its own blockchain soon. This new blockchain, titled ‘GalaChain’, will offer lower transaction fees and high scalability. Due to the better user experience this chain will offer, GALA could be the best new crypto to invest in within the blockchain-gaming niche.

Cryptoassets are a highly volatile unregulated investment product. 

7. Avalanche (AVAX) – Top Blockchain Project with High Scalability

AVAX logoAvalanche is a new cryptocurrency to invest in that looks to rival the likes of Ethereum within the blockchain sector. This blockchain network uses three chains rather than one, significantly improving scalability. What’s more, Avalanche also offers low transaction fees – an issue which has plagued the Ethereum network for years.

AVAX price chart

Aside from being highly scalable, Avalanche also supports smart contracts, meaning dApp developers can host their platforms on the network. Avalanche’s native token, AVAX, is used to pay transaction fees but can also be staked to earn up to 10% APY per year.

Cryptoassets are a highly volatile unregulated investment product. 

8. Loopring (LRC) – Prominent Layer-2 Solution for Ethereum

Loopring logoIn terms of new cryptocurrency releases for 2022,…



Read More: Best New Crypto Coins to Buy in 2022

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments