Here are the best new cryptos for you to buy in June 2022.
The crypto market is currently in a contraction phase. But it will, almost assuredly, rebound, and crypto prices will race to new heights. And as the market recovers, we expect them to record unprecedented gains.
For investors, the current market and token prices present an opportunity to stack up the crypto portfolio. So based on various considerations, experts believe these are the 7 new cryptos that should be on your watch list.
DeFi Coin (DEFC)
DeFi Coin (DEFC) is the native currency of the new exchange DeFi Swap, and it was launched on the Binance Smart Chain. In just two weeks after the launch, it already saw a 462% increase in value. Therefore we highly recommend adding this crypto to your watch list.
This platform lets traders exchange value directly with other market participants and the DeFi Swap platform, and avoid centralized third parties.
The three most notable features of DeFi Coin are automatic liquidity pools, a manual burning strategy system, and advanced static rewards. In addition, the platform encourages coin owners to hold on to their DEFC tokens for as long as possible because of the higher transaction tax rates (10%).
DeFi coin is still not that influential in trading volume, but with all the features it has, experts believe that it will multiply in value in the next few months, making it one of the new cryptos that should be on your watchlist.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Apecoin (APE)
The majority in the crypto community, especially analysts and investors, are hugely bullish about ApeCoin’s future. They are confident this new crypto will sustain its current uptrend and race to new heights.
This optimism is based on the fact that APE launched during a market squeeze and still reported an uptrend, with a 500% ROI in three months.
APE is likely to surge in the next few months and probably rally past $100 by 2025, thanks to its close association with A-list celebrities and crypto influencers, making it one of the top 7 cryptos that should be on your watchlist.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Tikka Token (TIKKA)
Another new crypto worth watching is Tikka, a web3 project that seeks to revolutionize the wealth management industry through blockchain technology. The app is developed by Cube International, which is migrating its services to a decentralized platform powered by the Polygon layer-two Ethereum protocol. The TIKKA token will be used to pay the management fees charged by the company for accessing its financial products.
To date, the Cube team reportedly manages $23 million in assets for investors. Its growing customer and asset base will be the source of demand for TIKKA, making it one of the best cryptos that should be on your watchlist.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Stepn (GTM)
STEPN is one of the most successful crypto-tokens hosted on the Solana network. It's a web3 lifestyle app with social-FI and Game-Fi elements. It infuses the play-to-earn concept with the STEPN fitness and wellness app to create the idea of move-to-earn. You buy NFT sneakers, integrate them with the STPN wellness app, and receive free in-game currency, GMT tokens when you keep fit by jogging, walking, or running.
This relatively new token was just launched last year and has already upped its price by more than 4000%. Its popularity has soared, and its community of followers grows daily. Such stellar performance and ability to sustain an uptrend make it one of the 7 new cryptos that should be on your watchlist.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Cosmos (ATOM)
Cosmos is a network of blockchain networks. The goal of the project is to allow separate blockchains to communicate with each other seamlessly. By allowing any blockchain to communicate, share data, and transact with any other, Cosmos is transforming the blockchain sector.
However, Cosmos is more than just a bridge between blockchains. This platform also features a full suite of products and features that make it a valuable player in the market.
Cosmos introduces a next-generation technology stack that provides developers access to powerful tools that increase blockchain creation efficiency.
ATOM has been appreciating and making headlines in 2022. Positive market sentiment around ATOM makes it one of the 7 new cryptos that should be on your watchlist.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Filecoin (FIL)
Although Filecoin is relatively new on the cryptocurrency market, it is stirring debates among investors and enthusiasts. Therefore we highly recommend keeping a close watch on this new crypto.
Filecoin is a peer-to-peer decentralized storage network that allows users to rent out storage space in their computers or buy space to store their files. People who provide storage services are incentivized with FIL tokens by those who need space.
Like Bitcoin, Filecoin also uses blockchain technology to decentralize cloud data storage. This way, users do not have to trust a single entity to store their information. Therefore, Filecoin is one of the new cryptos that deserve a close watch.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
CashFi (CFI)
CashFi (CFI) is a POS token building the ideal ecosystem for users to enjoy many blockchain services. These services include liquidity staking, NFT minting and trading, and synthetic asset services.
The token will be mined through an energy efficiency model. Alongside this, users will benefit immensely from the liquid staking markets and other DeFi protocols on the platform.
These features make CashFi (CFI) a great project. It promises to offer significant financial rewards to all investors and is one of the best new cryptos to put on your investment watchlist.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Read More:
The 5 Best Ways to Buy Cosmos (ATOM)
Best Cryptocurrencies To Buy For The Upturn
Top 10 Best Long-Term Cryptocurrencies To Buy And Hold