It is no secret that purchasing cryptocurrencies has been difficult, particularly concerning the stock market in 2022.

Despite the possibility of crypto winter, investors are increasingly turning to low-risk cryptocurrencies that are still capable of generating significant profits.

Since 2022 started, the value of the global cryptocurrency market has decreased considerably, from around $3 trillion in November to approximately $1 trillion.

After a brief recovery that started around the middle of June, the S&P 500 and the Nasdaq are still down 14.4% and 22.4%, respectively.

Even though both indices have been progressively rising since mid-June, this has occurred.

In contrast, by 2022, the global cryptocurrency market’s total market value will have dropped by a far more significant 53.3%.

Since the middle of June, it has increased, although the gain is smaller than that of the stock market.

Despite indications of a crypto winter rebound, investors are still hesitant to participate in cryptocurrency.

Also, See: 3 Best Crypto to Buy in July 2022 for Long-Term ROI

Crypto You Should Consider №1: Chiliz CHZ

MarketCap: $1,160,049,225

Position on CMC: #43

Current PricePrice: $0.1933

The high value of Chiliz CHZ tokens is driven by the fact that its holders may vote on the management of their favorite sports teams and organizations.

People who watch sports tend to be passionate and committed to their favorite teams.

As a result, a token that addresses this latent need should do well.

Examples of poll questions fans can participate in include what message a player should put on their headband.

The website states that the firm is also investigating prospects in NFTs, Defi, and the Metaverse fields.

Growth in such industries is a priority for the firm.

Also, See: 3 Best Trending Cryptos to Watch in July 2022 and Beyond

Crypto You Should Consider №2: PAX Gold PAXG

MarketCap: $539,756,381

Position on CMC: #71

Current PricePrice: $1,659.72

Moreover, PAX Gold PAXG is remarkable because it enhances gold’s divisibility, allowing for more efficient trading.

Gold can no longer be smelted to smaller sizes at a certain point.

It is feasible to trade fractions of a PAX Gold token that would be impossible to trade if the token were not divisible into an endless number of smaller tokens.

In theory, gold-backed cryptocurrencies like PAX Gold allow smaller investors to participate in previously unavailable gold trading.

The current market value of PAX Gold is rapidly approaching $600 million.

It’s helpful to put things in perspective, so let’s say that all of the gold discovered so far is worth around $3.5 trillion.

That means PAX Gold has access to less than.00001 percent of the world’s gold reserves.

That’s not a lot, but PAXG simplifies the gold trading process, which should benefit the market.

Also, See: 3 Best Cryptocurrency to Buy Today and Hodl for the Long Run

Crypto You Should Consider №3: Tron TRX

MarketCap: $5,670,516,510

Position on CMC: #15

Current PricePrice: $0.06139

It’s important to note that Tron TRX operates on its private network. Prominent cryptography supporter Justin Sun created it.

Many people are interested in NFTs, and one reason is Tron’s platform that helps content creators earn more money for their work.

When considering dapps, decentralized applications, and the 3.0 version of the Internet, Tron is the only game in town.

A new algorithmic stablecoin known as USDD has been released on the Tron network by Tron CEO Justin Sun and his team.

This new twist is fascinating. Compared to the market shock caused by the collapse of TerraClassicUSD USTC, USDD has held its value quite well.

The company’s focus on technology and its extensive network of content providers are often cited as reasons for Tron’s blockchain efforts’ success.

Many high-profile celebrity endorsements are effective.

Amanda Cerny, Ne-Yo, Lindsey Lohan, and Lil Yachty are some famous faces that have helped promote this network.

Also, See: 3 Cryptos Set to Soar in 2022

To Sum it Up

As the crypto winter draws closer, investors are increasingly gravitating toward low-risk cryptocurrencies that nevertheless have the potential to generate large gains.

Nevertheless, this has taken place even though both indices have been moving in an upward direction since the middle of June.

Also, See: 3 Crypto Tokens to Invest in with a Few $100 Notes.

Financial Disclaimer

Please note the information in this article should be taken as investment or financial advice.

This content represents the author’s personal opinion and should not be used as advice for making financial or investing choices.

Nothing is guaranteed about the accuracy, completeness, or reliability of the information provided; it is provided “as is.”

The extraordinary volatility of the bitcoin price has led to wild swings in the last several months.

Your decision to invest in cryptocurrencies should be made in light of, and in compliance with, any applicable local restrictions.