The 5 Best Altcoins to Invest in 2022

Finding the best altcoins can be tricky, as there are so many to choose from, although it's undoubtedly worthwhile as these coins can often provide triple-digit returns!

This article will explore the best new altcoins to consider for 2022.

5 New Altcoins to Buy 2022

1. Lucky Block (LBLOCK) – Overall Best Cryptocurrency to Buy 2022

Lucky Block is our number one pick when it comes to new altcoins, as this crypto platform seeks to revolutionize the lottery industry. Hosted on the Binance Smart Chain, Lucky Block uses blockchain technology to revamp traditional lotteries by improving transparency, reducing draw times, and increasing each person’s chances of winning.

2. Ethereum (ETH) – Exciting Crypto to Hold Long Term

Ethereum is another option for the most popular cryptocurrency to buy in the market, as many believe it has a higher price potential than Bitcoin. The platform offers dApp developers a medium to build their projects and implement smart contracts, potentially revolutionizing many industries.

3. Aave (AAVE) – Best New Crypto within the DeFi Space

Aave is considered by numerous analysts to be the best new cryptocurrency to buy within the DeFi space, as this protocol allows users to lend and borrow cryptocurrencies with ease. Through the use of 'liquidity pools', which are operated via smart contracts, Aave automatically sets interest rates and collateral ratios.

4. Shiba Inu (SHIB) – Most Promising Cryptocurrency to Buy due to ‘Meme Coin’ Status
Another new cryptocurrency to invest in 2022 is Shiba Inu. SHIB burst onto the scene in October 2021 when the coin exploded over 1000% in under a month, thanks to buzz from social media sites such as Reddit.

5. Cardano (ADA) – Best Altcoin with Exceptional Development Team

Although Cardano has had a tough few months, this open-source blockchain network does have excellent prospects. Like Etheruem, Cardano acts as a platform for developers to build dApps and launch smart contracts. However, Cardano’s system is designed by expert academics and with the use of peer-reviewed literature. Due to this, businesses will likely find Cardano a ‘safer’ option than other blockchain networks.

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