cryptocurrency to invest in this month

What is the best cryptocurrency to invest in 2022?

Every year presents new energy and opportunity in the cryptocurrency market.

Last year – 2021 – wasn’t a bad one overall.

Now it’s another one! (in DJ Khalid’s voice).

In this best cryptocurrency to invest in 2022 post, we will discuss the best cryptocurrencies to invest for great returns.

Investing in a cryptocurrency is no easy feat.

Obviously!

With the cryptocurrency market in a state of flux, it can be difficult to know which best investment opportunities are.

There is no shortage of coins being launched every day and so there will always be new ICOs popping up that offer great potential for gains.

There are many things you need to consider before you decide which one is best for your investment needs. Especially on the monthly basis.

This post will outline some best cryptocurrencies to invest in this year as well as some tips on how you can best protect your investments against possible scams.

10 Best Cryptocurrency to Invest In 2022

1). Cardano (ADA)

Cardano is a crypto project that aims to create the best smart contract platform in the world with key features like scalability, interoperability, sustainability, and decentralization.

Cardano is one of the best cryptocurrencies to invest in this year because it is a platform with the best potential for scalability.

The currency has also seen some growth this year, which means it will probably continue to grow in the coming months.

In addition, Cardano may be one of those rare cryptocurrencies that do not suffer from an identity crisis because its developers are working on a clear vision and roadmap.

2). Chainlink (LINK)

Chainlink is a decentralized oracle that allows smart contracts to access key off-chain resources such as data feeds, web APIs, and various payment systems.

It was created by Sergey Nazarov and Steve Ellis who are both co-founders of the company SmartContract.com.

Chainlink aims to create an open standard for connecting any blockchain with external data sources including centralized databases like Oracle’s Cloud Service.

One of the best cryptocurrencies to invest in 2022 would be Chainlink.

Because it will allow developers (and other services) to connect their cryptocurrencies with existing business infrastructure without requiring them to build costly connections from scratch each time they need connectivity between the two networks.

3). Solana (SOL)

Solana is another best cryptocurrency to invest in 2022.

It’s a scalable blockchain technology that can support more transactions per second than any other existing consensus mechanism (as much as 250,000 TPS).

In comparison, Ethereum currently supports an average of 15-20 TPS, and Bitcoin averages at about seven transactions per second.

The best thing about Solana’s design is that it does not have mining or blocks but uses a secure proof-of-stake algorithm that relies on every node verifying only two random previous blocks.

4). Polkadot (DOT)

Polkadot is another long-term coin to invest in this year.

The best thing about Pokadot’s design is that it does not have mining or blocks but relies on every node verifying a random previous block and computing the hash of the new block overall transactions from the last block, giving transaction confirmations within seconds

It also has an algorithm that will make coins harder to mine as time goes by so there should be fewer miners making it more decentralized and therefore less vulnerable when solving problems through governance (rather than Proof-of-Work).

In addition, one of its features can help with scalability issues because they use directed acyclic graphs for their data structure rather than blockchain technology.

5). Ploygon (MATIC)

Polygon has the potential to be a game-changing solution for blockchain scalability.

The project is backed by Binance and Coinbase, two of the largest cryptocurrency exchanges in existence today.

Polygon seeks to stimulate mass adoption with its Layer 2 scaling solutions.

Which makes transactions faster and cheaper than ever before while also solving many problems associated with the scale on different blockchains.

If you’re looking for a coin that’s best for scalability, Polygon is it.

6). THORChain (RUNE)

THORChain crypto project is a blockchain-based ecosystem and protocol that enables best-in-class scaling.

RUNE provides lightning-fast transactions, low fees, high security, and best of all an incentivized system for its users to take part in the running of the THORChain network.

It also has some notable partnerships with projects such as Decentrex (a decentralized Ethereum exchange) or SALT which is providing loans secured by cryptocurrency collateral

The project could be worth considering if you’re looking to invest in cryptocurrencies this year.

7). FTM (FTT)

The best cryptocurrency to invest in this year – 2022 – will be a coin that has the potential.

And FTX Token is one of those rare gems you should look out for.

FTT is the new blockchain token for traders. FXT tokens are designed to be used exclusively on FTX, a crypto trading platform that just launched on May 8, 2019.

8). VeChain (VET)

VeChain is a revolutionary blockchain platform that uses Internet of Things (IoT) technology to create an ecosystem where supply chain management can be improved.

In the future, VeChain is going to revolutionize supply chain management by creating a self-sustaining ecosystem that solves many of its major problems.

By harnessing blockchain and IoT technologies, they will develop an infrastructure that ensures all products are tracked from end to end as well as pinpointing any inefficiencies or discrepancies along the way.

9). Aave (AAVE)

Aave is a decentralized finance protocol that allows people to lend and borrow crypto.

Lenders earn interest by depositing digital assets into specially created liquidity pools, which are then used as collateral for flash loans.

This enables borrowers who want quick access to their coins without having the sell them off at an unfavorable rate just so they can buy back in later on down the line when prices have risen.

10). Stellar Lumens (XLM)

I think Stellar Lumens can be a good cryptocurrency to invest in 2022.

Because it has many features such as low fees, decentralization, and fast confirmation times compared to other cryptocurrencies.

It is a coin with a limited supply and has a great future.

Additionally, Stellar Lumens can be a profitable investment because the price is expected to grow by 1000% in 2022 and could reach $20 per coin!

It’s best for long-term investments or short-term if you have money available now but I recommend holding on to this cryptocurrency until it reaches higher prices than what it is currently at.

11). Cosmos (ATOM)

You can invest in Cosmos with either Bitcoin, Ethereum, or Tether.

It has a market cap of $2 billion (as of when writing this).

With their ever-increasing network of interconnected blockchains, Cosmos is on a mission.

They aim to offer an antidote for slow proof-of-work protocols such as those used by Bitcoin – with the goal being that these new connections will make it possible to offer services like decentralized identity verification and cross-chain trading without any delays or high fees.

Cosmos aims to help us all create an ecosystem in which we can find solutions for some major problems facing people today:

namely that they are too expensive, take up way too much time (meaning you never have enough), and certainly don’t contribute positively towards our environment either.

12). Dogecoin (DOGE)

What’s another best cryptocurrency to invest in this year?

This year – 2022, a good choice might be Dogecoin (DOGE).

The currency was created as a joke by Jackson Palmer and Billy Markus back in 2013 but has since grown into one of the most popular cryptocurrencies on Twitter.

It also supports microtransactions without any problem so if you’re looking for that kind of option, then DOGE should be your best bet.

DOGE coin is a fun, friendly internet currency.

And what even makes DOGE an interesting project is that it is being backed by world billionaires and influencers like Elon Musk.

13). IOTA (MIOTA)

IOTA has been designed not just for transactions but also as an infrastructure project with unlimited scale potential: it can be used for anything ranging from payments or data transfer.

The future of technology is here with IOTA.

Its proprietary system – tangle – has revolutionized the entire blockchain market by not actually being a blockchain at all; rather it is just one big innovation in distributed ledger technology.

Final Thoughts on Best Cryptocurrency to Invest In 2022

There are thousands of cryptocurrencies out there. With tons of potential.

And you’re not limited to invest in the coins on this list. No. They are just my favorite ones.

Like every crypto expert out there, my advice for you are:

  • Do your research on the best cryptocurrency to invest in 2022
  • Join a crypto community and learn from other people’s experience with cryptocurrencies
  • Diversify your portfolio
  • Don’t put all eggs into one basket. Spread it evenly across a few coins you think have potential
  • Don’t chase a pump

No matter what you do in the crypto world – Do not invest in single crypto always diverse your investment.

Just know what you want out of your investment; do you want short-term or long-term growth potential?

Again, here goes my list of the best cryptocurrency to invest in 2022:

  • Cardano (ADA)
  • Chainlink (LINK)
  • Solana (SOL)
  • Polkadot (DOT)
  • Ploygon (MATIC)
  • THORChain (RUNE)
  • FTM (FTT)
  • VeChain (VET)
  • Aave (AAVE)
  • Stellar Lumens (XLM)
  • Cosmos (ATOM)
  • Dogecoin (DOGE)
  • IOTA (MIOTA)

Please do your own due research as well before investing as Investing in crypto is always tricky.

Let me know which of these coins you’d be investing in this 2022.

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