7 Cryptos With The Best Buy Signals Now

Last Updated June 20th 2022
6 Min Read

Here are our picks for the best cryptos to buy in 2022.

The first half of 2022 has been full of surprises in the crypto market. We have seen one of the biggest market crashes in the last few years, with assets like Bitcoin and Ethereum plummeting in value.

However, if there is something we learned over these past years, the crypto market always manages to land on its feet eventually. With that in mind, now would be the perfect time to take advantage of these low prices and invest in the top 7 cryptos listed below. 

 

Polkadot (DOT) 

Polkadot is a unique project that aims to decentralize the web by connecting blockchains and enabling interaction. The platform effectively allows any blockchain to be attached to it. The DOT tokens are also used for governance to vote on any changes to the network. Unlike other cryptocurrencies, Polkadot can be easily upgraded to fix bugs or even introduce new features without needing a hard fork or spinoff. 

The network is known for its unique and complex architecture. It is multi-chain and combines several blockchains. This unique structure allows it to process a large number of transactions. 

DOT seems to be poised for a bull rally, making it one of the top cryptos with the best buy signals now. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Filecoin (FIL) 

Filecoin is a decentralized peer-to-peer storage network where users can earn the platform’s token by renting out space on their computers’ hard drives. The fact that it can store digital assets, such as art or music, behind NFTs definitely makes it one of the cryptos with the best buy signals. 

Anyone can be a storage provider in the Filecoin network, whether you are an individual or a data center. All you need is internet access and enough disk space. 

It also claims to be secure enough to store more sensitive information like private company information and records. Experts regard it as one of the top Web 3 cryptocurrencies, making FIL one of the top 7 cryptos to buy right now. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Shiba Inu (SHIB) 

Another crypto that is giving off the best buy signal right now is Shiba Inu (SHIB). It is a popular meme token that has captured the interests of the crypto investment community. Many view this token as a knock-off of Dogecoin, as developers created both these projects with a light-hearted approach to spreading awareness.

Notably, there are many similarities between Doge and Shiba Inu. However, the latter has gained a reputation as the "DOGE killer," attracting investors' attention. 

Investors that missed out on the Dogecoin mania are eager to look for the next big thing. SHIB appears to have positioned its market entrance well to capture this wave, making SHIB one of the 7 cryptos with the best buy signals now. 

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Compound (COMP) 

A unique crypto token that has taken the DeFi sector by storm is Compound (COMP). It is a lending platform on Ethereum that enables users to lend and borrow ERC-20 tokens through a decentralized market. Precisely, lenders put money into an authorized pool in the network and earn interest through borrowers. 

Compound offers secure passive income for its users whose funds would otherwise remain stagnant and lay idle. It is especially popular among users because it is fully autonomous, extremely secure, at the forefront of yield farming, and highly interoperable. Therefore, it holds a first-mover advantage in dApps, which gives it the edge to be a crypto with the best buy signal now. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Symbol (XYM) 

The Symbol blockchain is designed to improve interoperability and collaboration with other blockchains using the proof of stake (PoS) consensus. Rather than competing with other blockchain networks, it improves accessibility and inclusion for blockchains and their users. 

Symbol builds on the NEM NIS1 blockchain, enabling users to develop more complex networks and seamlessly move between public and private chains. It also allows for conventional peer-to-peer transactions and has its own native token, XYM. 

The network promises to improve liquidity, reduce transaction costs and speed processing time, making it one of the 7 cryptos with best buy signals. It is not just a parallel blockchain but an upgrade, improving on the original through its decentralized finance (DeFi) capabilities, NFT support, benefit staking, and more. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Swissborg (CHSB) 

SwissBorg is a cryptocurrency investment solution that allows crypto investors to store, trade, and enjoy yield on cryptocurrency investments. The project prides itself on its security and protection of users’ funds.

The platform combines the best parts of centralized finance (CeFi) and decentralized finance (DeFi) to boost the confidence of crypto investors. Also, they hold the ‘Virtual Currency License’, which makes it compulsory for the platform to keep all user funds separate from its corporate funds, in addition to ensuring financial stability. 

Thanks to its unique offerings, experts believe CHSB is one of the top cryptos with the best buy signals.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Terra Classic (LUNC) 

The original Terra Chain has been rebranded as Terra Classic recently, and Terra has been relaunched as Terra 2.0. Network developers behind failed stablecoin TerraUSD voted to abandon the token in favour of creating a new blockchain and digital asset weeks after the cryptocurrency collapsed.

LUNC is the former LUNA token prior to the creation of the separate blockchain – Terra 2.0 – the original LUNA, as some refer to it.

Data from CoinMarketCap reveals that the total number of unique addresses holding assets in the Terra Classic chain increased by around 560% in the span of one month. 

It is likely for LUNC to continue its growth and experience record gains in 2022. The team is refocusing its attention to ensure the past is not repeated, which, experts believe is a strong buy signal for this crypto. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Read More:

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