There are almost 16,000 digital assets now in circulation, knowing which cryptocurrency to invest in can be challenging. Here are the top 5 coins to invest in February 2022. However, with thousands of coins in the market currently, the dominance of Bitcoin in the market has reduced.
Solana
The other best crypto to buy and invest in 2022 is Solana. Solana was launched in 2020, but it has grown to become one of the most popular and dominant blockchains in the market in just a few years.
The other area where the Solana blockchain also scores highly is in its adoption by decentralized finance (DeFi) projects and non-fungible tokens (NFTs). In August 2020, Solana was used in developing one of the popular NFT collections in the market, leading to the price of SOL increasing by almost eight times, which made it one of the top crypto to invest in 2021.
Shiba Inu
Shiba Inu is a meme token that has emerged as one of the best-performing tokens in the market. Shiba Inu emerged as the best cryptocurrency to invest in 2021 after making a notable bull run and recording staggering gains towards new all-time highs.
In 2021, Shiba Inu recorded increased adoption by being endorsed as a means of payment on different platforms. This helps to drive value and increase the token holders for this token. In 2021, the crypto market could record increased interest in meme coins, and as SHIB is one of the dominant players in the niche, the token could make notable gains, making it the best new cryptocurrency to invest in.
Avalanche
The other best crypto to invest in is Avalanche. Avalanche is one of the most scalable projects in the blockchain space. Bitcoin is not the only old cryptocurrency in the market because we also have Ethereum. While Ethereum has strong use cases, it faces a major scalability issue.
Following the growing adoption of the Avalanche blockchain, the AVAX token has grown in value to rank among the top ten largest cryptocurrencies by market capitalization. The token is also one of the most viable investments in the market because of the potential for future gains.
Polkadot
The other cryptocurrency on the list is Polkadot. This is also another scalable blockchain that seeks to enable developers to enjoy low gas fees and fast speeds in transaction processing. Polkadot is one of the new coins in the market, but in such a short time, it has grown to become one of the most popular and strategic investments in the crypto market. A lot of people who were looking to buy cryptocurrency in the UK and worldwide invested in Polkadot in the beginning of the year 2021.
Following the growing adoption of the Avalanche blockchain, the AVAX token has grown in value to rank among the top ten largest cryptocurrencies by market capitalization. The token is also one of the most viable investments in the market because of the potential for future gains.
Lucky Block
The first best crypto to invest in 2022 is perhaps Lucky Block. When looking at the coins you want to add to your portfolio, you need to evaluate the innovativeness to ensure that the coin has the potential for making future gains. Lucky Block has been created by an innovative team that ensures the project will achieve success in a highly competitive space.
The Lucky Block project is based on Binance Smart Chain. This is one of the scalable networks in the market, and it seeks to enable projects to develop without worrying about the high transaction fees of lagging transactions on the network.
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Dislcaimer
this news and reviews blogs are only to educate, inform and deliver information to the public and is not an investment advice. Nothing should be taken as an offer to buy, sell or hold any cryptocurrency
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