If you’re looking for the best blockchain to invest in 2022, you’ll want to pay close attention to a few popular projects. Ethereum is the second largest cryptocurrency in the market, and is a great gauge for the entire crypto market. It has grown immensely in value in the past six years and recently peaked at $4,800. Given its recent bull run, its price is expected to continue to climb during the rest of 2022.
Bitcoin, meanwhile, is among the most popular cryptocurrencies on the market, with the highest price and market cap. It’s widely accepted and is being used by many businesses. Many major banks are also incorporating it into their banking systems. But while bitcoin is considered the safest option, it’s still not without its risks.
A few other cryptocurrencies to consider investing in this year include Battle Infinity, a crypto-based metaverse platform with a play-to-earn component. It’s already KYC-verified by CoinSniper, and users can create avatars and get involved in games to earn tokens.
Bitcoin is still the most popular and widely accepted cryptocurrency, and it’s still the benchmark for other coins. However, there are some promising new players in the market as well. Chainlink, for example, has a solid track record and has support from major players. However, its price has declined from $20 on Jan. 1 to $7.77 as of Oct. 4. Despite its current stability, chainlink has faced fierce competition from up-and-coming projects like NEST, which is based on Ethereum’s ERC-20 token. NEST is still in the early stages of development, but it can easily rise the ranks and become a leader.
Although cryptocurrencies are still largely unregulated, there has been some progress on the regulatory front in the 2022. In March, President Joe Biden signed an executive order on digital assets, calling for the responsible development of cryptocurrencies and stablecoins. Meanwhile, the U.S. Treasury Department released its first framework on digital assets, stating that it plans to engage with other countries.
The best blockchain to invest in 2022 is still unclear, but there are a few good coins to consider. While it’s still early, some companies are already seeing huge increases, and others are only starting to make it big. As long as you understand the fundamentals of cryptocurrencies, you should be able to make an informed decision about which ones to invest in.
While there are a few ICOs that have been in the news, we’d recommend that investors consider one of the most promising startups. Polygon is a project that’s backed by a decentralized network called the Ethereum network. Its development team has worked on a scaling solution for Ethereum that helps it grow. It will also expand the Ethereum ecosystem to multiple chains and improve transaction speed.
Among the best ICOs currently undergoing development is LBlock, which was the first to reach USD 1 billion in market cap. It has over 50k Investors within 90 days of launch and has a massive amount of potential to increase its price. It’s already available on PancakeSwap and is gearing up for a launch on the top crypto exchanges. While it is still early, LBlock is poised for a meteoric rise, and if it goes mainstream, it will see a huge increase in liquidity.