Cryptocurrency trading has become a mainstream phenomenon, with people from all walks of life giving their opinions on the state of Bitcoin and other cryptos. However, many new cryptos will be available to buy in 2022.
The best new cryptocurrency to buy in 2022 will be the ones with the highest volume, liquidity, and market cap.
Curve (CRV)
The Curve is the asset at the heart of the Curve network. It is a stable coin that gets fixed to several other cryptocurrencies, including DAI and USDT. Whenever you use your Curve card to purchase, you need CRV in your account. And if you want to deposit crypto into Curve and exchange it for another asset without paying fees, you will need CRV.
When people use CRV tokens on the platform, they pay transaction fees (as they would with any stable coin). These then get distributed among CRV holders.
If these tokenomics sound appealing, we recommend buying CRV now and putting them in your wallet for six months. It will ensure that you can start earning rewards once the network is released. Thus, helping you to create cryptocurrency value with the help of this crypto in 2022.
Avalanche
Avalanche is a fully accessible framework for developing decentralized financial apps and business blockchain installations in a unified, highly scalable environment. Avalanche is the first smart contracts platform to execute 4,500+ transactions per second (TPS), making it one of the fastest.
Avalanche developers may quickly design powerful, dependable, and secure apps and unique blockchain networks with complicated rulesets, or they can build on existing private or public subnets. Companies also use Avalanche’s consensus algorithms to maintain the highest security for their chains.
As a DeFi hub, Avalanche enables users to create decentralized cryptocurrency markets for any asset or use case. Through its innovative architecture, Avalanche can support programmable money and self-sovereign digital identity at scale – two foundational technological innovations that are essential for building a better financial system from the ground up.
Binance Coin (BNB)
Binance Coin (BNB) is a cryptocurrency developed by the Binance exchange. It is a cryptocurrency for paying Binance exchange trading costs. It was released in 2017 and can get purchased on the Binance market.
The main purpose of BNB is to pay transaction fees on the cryptocurrency exchange Binance. The company has stated that it will use 20% of its profits to buy back and burn BNB each quarter until only 50% of the total tokens are left, or 100 million of them.
In addition to using it as currency, you can also use this coin as collateral for taking out loans at the lending platform Celsius Network. You can use it as collateral for trading margin positions on the Bitfinex exchange.
Shiba Inu (SHIB)
SHIB is a decentralized finance (DeFi) project. The value of SHIB derives from its position as the native crypto token for ShibaSwap, an automated market maker that allows users to create their liquidity pools.
ShibaSwap was launched in May 2021 and has already become a popular alternative to Uniswap, the world’s largest decentralized exchange by trading volume. It is due to the meme nature of Dogecoin and its community, which has been highly active in promoting SHIB and ShibaSwap.
SHIBA has also seen strong growth because it serves a similar function to Dogecoin — but with greater scarcity.
While Dogecoin’s total supply is uncapped, and there are currently over 130 billion coins in circulation, SHIB has a maximum supply of 1 quadrillion (1,000 trillion) coins. There are currently around 910 trillion coins in circulation, with an average daily inflation rate of 1%.
Earth Token
While most cryptocurrencies are only to get used as currencies, Earth Token serves both as a currency and a token. It is what is called an ERC-20 token, which means that it runs on the Ethereum platform; this makes it very easy to store and use.
Earth Token’s mission is to create a global ecosystem to accelerate the shift to sustainable living. The Natural Asset Exchange is their flagship initiative. It is a blockchain-based exchange for natural assets that allows for transparent trading of carbon credits & natural asset derivatives such as food & water credits.
These tokens can be available with Earth Tokens, based on the prevailing cryptocurrency prices in the market. However, there are plans to add them as payment options for green products on major retailers (and thus make them accessible) in the days ahead.
If you are looking for something different from the standard cryptos like Bitcoin or Ethereum, Earth Token might be worth considering!
New Cryptos in 2022
As crypto continues to gain volume and become more accepted in the future, we will see cryptos available to buy on a range of exchanges. We will likely see them reach new markets, too—both geographically and demographically. As this happens, it will mean more people buying and using them. It will increase the total number of people buying or using crypto to pay for things they need.
And as these additional buyers come into the market, they will be able to buy different types of crypto that were not available before. Because there are so many different tokens getting created all the time, there is a lot of potential for many new types of cryptocurrency to become available soon!
Conclusion
It is important to remember that cryptocurrency is a relatively new market. While it has been in existence since 2008, the world is yet to adopt it as a standard form of payment. As it gains more traction in the future, expect to see some changes in its value and how we interact with it. Some experts estimate that over 100 million people will be using cryptocurrency by 2022.
As you likely know, cryptocurrencies are very volatile. They can take a staggering fall out of nowhere and cause investors to lose (or gain) millions overnight. Make sure you do your research before investing any money into crypto, and this is an investment for you!
Laila Azzahra is a professional writer and blogger that loves to write about technology, business, entertainment, science, and health.