Top 7 New Cryptocurrencies To Buy In 2022 (In-Depth Review)
If you don’t have the time to read the article, the best new cryptocurrencies to invest in 2022 are Internet Computer, Solana, Safemoon, Shiba Inu, Binamon, and King Cardano.
Cryptocurrencies have emerged as one of the best ways to make money by trading or long-term investing. However, like other investments, timing is paramount. When one gets into the market, it can make all the difference between losses and exponential gains.
That said, trying to get in at the right time can be a daunting task. It’s even more complicated when it involves scouting for high potential but relatively new cryptocurrencies.
So what are the top new cryptocurrencies to buy in 2022? This list comprises the top seven new cryptocurrencies investors should consider and will also take a detailed look at each of them.
The Top 7 New Cryptocurrencies To Invest In 2022
- Internet Computer (ICP)
- Solana (SOL)
- Shiba Inu (SHIB)
- Safemoon (SAFEMOON)
- Alchemist (MIST)
- Binamon (BMON)
- King Cardano (KADA)
Up to this point, you have a good idea of the best new coins showing a lot of promise in 2022. Now let’s go through each of them to help you make an informed decision.
List of the top new cryptocurrencies to buy in 2022
2021 has been a rollercoaster ride for crypto. The market has made new all-time highs and then corrected them in a matter of months. China continues to be a critical factor in crypto market dynamics, but despite all the FUD, the market has been resilient.
This resilience points to a market that could bounce back quite strongly shortly. It’s for this reason that investors looking to profit from the next crypto bull run are increasingly looking into new projects. That’s because they have the prospects for a higher ROI once bullish momentum gains traction.
But where do you even start when looking for new, high-potential cryptos?
Even for experienced investors, selecting a high-quality new project is no mean feat. It is very easy to fall for scams that are disguised as high-quality projects.
The trick to winning is to invest in knowledge. That’s the only way to tell good new projects from scams just looking to ride the market waves.
Are you looking for the best new cryptocurrency to buy in 2022? Here are the 7 best to keep an eye on!
1. Internet Computer – Can it retest all-time highs in 2022?
Internet Computer is a decentralized computing platform that allows for the launch of autonomous software directly to the internet.
Pros: Why Investing In Internet Computer Could Be a Good Idea
One of the advantages of this project is its use case. While it is a relatively new cryptocurrency, and its use case has not been fully actualized, this project could change the world. It could do so by eliminating the monopolies that now characterize the internet landscape.
ICP aims to get rid of the monopolization of the internet by allowing for the creation of autonomous software. This is software that can run independently on the internet without anyone claiming control over it.
This means it is possible to have social media websites and other big tech functions that run as part and parcel of the internet itself.
Simply put, ICP is looking to cure the problems of privacy and censorship that have become a real source of concern in the world today.
Considering that these are real problems that even regulators are unable to deal with conclusively, it then follows that ICP has stumbled on a gold mine. This gives it a lot of growth potential and makes it one of the top new crypto projects to keep an eye on in 2022.
ICP also solves internet security, a problem that is becoming too complex, even for governments to handle.
It tackles this problem by hosting its native software in a tamperproof, decentralized environment. This means anyone can build their websites without worrying about security or making extra investments in things like firewalls and backup data systems.
This use case places ICP in a good position for growth, as internet security becomes a source of concern for corporations, governments, and even individuals using applications on the internet.
The best part is that ICP is trading at a massive discount relative to its fundamentals. This project is still over 80% off its all-time highs after the crash that started in May. This means it is hugely undervalued at current prices.
With the crypto market showing a great deal of resilience despite the FUD coming from China, there is a good chance that the bull market could kick in, in 2022.
For a cryptocurrency as undervalued as ICP, a crypto Bull Run could easily make it one of the top crypto performers in the coming year.
Cons: Why Investing In Internet Computer Could Be Risky
Like all other cryptocurrencies out there, ICP carries its risks. One of the most significant risks to this project is the perception that it is centralized.
While DFinity has fought these claims hard over the last few months, it still poses a risk to the project. Since ICP is a new cryptocurrency, this could affect its value appreciation and make it extremely volatile in the short term.
Is investing in Internet Computer a good idea?
Any crypto project that solves a real problem is well-positioned for growth long term. In the case of ICP, the use case is so strong that if the market turns bullish in 2022, it could outperform by a huge margin.
2. Solana – What are the odds of doing $300+?
Solana is a decentralized platform used for launching new projects.
Pros: Why Investing In Solana Could Be a Good Idea
For a project that was only launched about a year ago, Solana is quite successful. One of the advantages of this project is that it has a solution to the biggest problems that have plagued platform blockchains for years. These are the problems of scalability and fees.
Solana is easily the most scalable platform blockchain in the market today. It is able to handle over 50k transactions per second, at costs lower than $0.01. This is quite impressive for a new cryptocurrency considering that this problem has persisted for years. This has placed it in a good position for adoption in DeFi, NFTs, and other use cases.
The second advantage to Solana is that it has managed to rise to become one of the top 10 cryptocurrencies by market capitalization. This has given it the advantage of being visible to developers who may, otherwise, never have known about it.
The impact of its large market cap is already being felt in the market. Today, Solana has one of the largest and fastest-growing DeFi and NFT ecosystems in the market. This is only likely to grow going into the future and will have a huge impact on the value of this cryptocurrency going into the future.
Another advantage to this project is that its price is yet to hit its true potential. Solana may have rallied recently and made new highs of $200. However, its adoption is yet to hit peak levels. It’s a new project barely a year old, and as adoption grows, it is bound to make highs it has never tested before.
Cons: Why Investing In Solana Could Be Risky
One of the most significant drawbacks to this project is that it is heavily centralized at this point. This has seen it draw criticism recently. However, since anyone is free to take part in the governance of Solana, this issue will disappear over time.
Is investing in Solana a good idea?
Investing in Solana is a perfect idea. This project has a solution that could finally take blockchain technology mainstream, especially in high finance. Since it is relatively new, this means its price could explode and test multiple times its recent highs by the end of 2022.
3. Shiba Inu – Can it give another 1000% gains in 2022?
Shiba Inu is a meme coin that has positioned itself as the Dogecoin killer.
Pros: Why Investing In Shiba Inu Could Be a Good Idea
Shiba Inu was created towards the end of 2020, yet it has become one of the most visible projects in the market today.
The most significant advantage to Shiba Inu is that it has a vibrant community behind it. This community helped this crypto ride the Dogecoin wave of late 2020 and early 2021 and become one of the top crypto gainers of the last Bull Run.
Its vibrant community will also play a role in its value appreciation going forward. With the next crypto Bull Run expected in either late 2021 or in 2022, Shiba Inu has the potential to repeat its exponential rally of early 2021.
Another advantage of this project is that its core fundamentals are getting better. Shiba Inu may have started as a meme coin riding on Dogecoin’s coat, but that is no longer the case.
The project now has a lot going for it, including a DEX platform called Shibswap. This DEX gives Shiba Inu several advantages that it never had in the past.
For starters, it makes this crypto more liquid since it can be exchanged easily for other cryptocurrencies. At the same time, this DEX has a feature that allows for the staking of Shiba Inu. Since this entails taking huge amounts of SHIBs from the market for a long time, it will likely play well into the demand dynamics of this cryptocurrency in the long run.
Another advantage to Shiba Inu is that its adoption is growing. Shiba Inu is doing pretty well on this front for a relatively new cryptocurrency that also falls under the category of meme coins. For instance, it has already been added to shopping.io as one of the cryptocurrencies that can be used for payments on Amazon, eBay, and other major websites.
Cons: Why Investing In Shiba Inu Could Be Risky
Like every other cryptocurrency out there, Shiba Inu has its drawbacks. The biggest of them is that it is still a meme coin. This means if the market corrects in the course of 2022, Shiba Inu could take a bigger hit than the more established cryptocurrencies.
Is investing in Shiba Inu a good idea?
Investing in Shiba Inu anytime between now and 2022 is a good idea. Due to the strong community hype that this project enjoys, if the crypto market turns bullish in 2022, then it could easily make new highs within this period.
Every indication points to the market turning bullish going into 2022. Some of the more obvious ones are the growing acceptance of cryptocurrencies in society and the fact that the market is becoming more resilient to FUD. Recently, China announced a blanket ban on all crypto trading activities, and while the market dipped, it rebounded in a matter of hours.
That’s good news for anyone looking to bet on new high-growth cryptocurrencies such as Shiba Inu.
4. Safemoon – Why it could beat the odds and make new all-time highs
Safemoon is a meme coin that aims to stabilize crypto prices by discouraging holders from selling. That’s why it penalizes those who sell.
Pros: Why Investing In Safemoon Could Be a Good Idea
There are a number of advantages to holding Safemoon. One of the best things about it is that it is deflationary. It has regular coin burns that have ensured that its supply keeps going down over time.
Safemoon also has a mechanism that discourages selling, further adding to the demand pressure over time. To understand how big of a deal a declining supply is to crypto, one needs to look at Binance coin, one of the most successful cryptos ever made.
Since it launched, Binance coin’s supply has been going down, thanks to its quarterly coin burns. This has seen its price rally from pennies to highs of $667 at the peak of the last Bull Run.
If Safemoon keeps burning coins over the years, it will reflect the same growth as that of Binance coin. This is advantageous and makes it highly undervalued at current prices.
Besides the coin burn and its effect on the value of this blockchain, Safemoon has a large and vibrant community backing it up. This community was the reason it rallied in value in the past and why it could rally by even more multiples in the future.
Another advantage of Safemoon compared to other meme coins is that it is available on major exchanges, specifically Binance. This makes it easily accessible to investors. In bull markets, this usually has the effect of drawing in new investors and could help drive up Safemoon to heights it has never tested before.
Safemoon also has the advantage of low prices. Its price is so low that someone with as low as $100 can accumulate millions of them. This is a big deal because it makes Safemoon very attractive to new investors who may not have the money to buy Bitcoin or other expensive coins.
Essentially, its low price is a good thing to its liquidity, and by extension, its potential price increase in the future.
Cons: Why Investing In Safemoon Could Be Risky
One of the biggest drawbacks to Safemoon is that it is primarily a meme coin. The thing with meme coins is that they are heavily reliant on community hype. If the hype is not there, then the chances of stagnation become real. This is quite evident in the crypto market price action over the last 3-months.
In this period, most major cryptos that have solid use cases have made a strong rebound from their June lows. However, meme coins are yet to recover. It shows that there is a huge risk when a crypto’s price action is entirely dependent on hype.
The other drawback to investing in Safemoon is that concerns have been raised about the project’s legitimacy. In a market where billions of dollars worth of crypto have been lost through shady projects, this could put a dent in the project’s credibility in the long run.
Is it a good idea to buy Safemoon?
Safemoon is an excellent cryptocurrency to have in a crypto portfolio going into 2022. That’s because being a hype coin; it can outperform the market by many multiples if the market turns bullish in 2022.
Many analysts believe that Bitcoin could hit peak prices in 2022. If Bitcoin were to trade at $100k or more by 2022, it would uplift the entire altcoins market with it.
For hype coins like Safemoon, this could see them rally and make new highs in a very short time. Safemoon would be particularly attractive in such a scenario because of its low price and the vibrant community around it.
Besides, since you can accumulate a huge amount of this crypto at a relatively low capital, the risk is worth it. If it fails, the potential loss is pretty insignificant, and if things go well, the payoff could be huge.
5. Alchemist - Just getting started on the journey back to $200-plus in 2022
Alchemist is a Uniswap fork that is making trading and new token launches more efficient.
Pros: Why Investing In Alchemist Could Be a Good Idea
Alchemist was launched this year but has a lot of potential going into 2022. One of the advantages that this project has is it solves a real problem. This is a critical factor in the long-term sustainability of any crypto project.
Alchemist has a decentralized exchange called MIST that allows traders to trade Uniswap and Sushi pools, but with the advantage of getting accurate prices for each trade. That’s because it eliminates the possibility of getting front-run by highly advanced algorithmic traders.
MIST also allows traders to cancel trades as many times as they wish until they are sure of the trade. This is a big deal for many traders, and in the long run, will help drive traffic towards the Alchemist ecosystem.
Alchemist also has several other interesting features, key among them being Copper. Copper is a platform for enhancing transparency in token distribution at launch. This makes it a desirable platform for projects that want to launch tokens without creating an image of centralization due to skewed token distribution.
Another advantage of Alchemist is that it is a relatively new project. This means its price is yet to hit maximum potential yet. It is very attractive to both new and seasoned investors looking for exponential returns on investment going into the future.
Last but not least, Alchemist is decentralized. A project being decentralized has become more critical than ever. That’s because regulators are putting a lot of spotlight on crypto projects.
This makes centralized projects that launch tokens high risk, as they could be declared illegal securities at any point. This is not speculation but rather something that has happened to a number of projects in the last two years.
Cons: Why Investing In Alchemist Could Be Risky
Like every other crypto project out there, Alchemist has its drawbacks. One of the big disadvantages of this project is that it does not have much community hype backing it up.
Ideally, this should not be a problem. However, in a market with over 6000 cryptos, it is very easy for a new project to get lost in all the noise. There are many good projects out there that have never gained traction simply because most investors do not know about them.
Is it a good idea to invest in Alchemist?
Investing in Alchemist is a fantastic idea. Not only does it solve real problems that face crypto traders, but it is also relatively new. This means if the broader market rallies in 2022, it can potentially make new highs way past the ones it made at launch.
6. Binamon – Can it beat Axie Infinity in the NFT gaming market?
Binamon is an NFT-gaming platform.
Pros: Why Investing In Binamon Could Be a Good Idea
Binamon is less than a month old, but it is already causing ripples in the NFT gaming space. One of the advantages of Binamon is that it is taking on one of the fastest aspects of blockchain, and that’s gaming.
Decentralized gaming is a big deal because it is allowing players to win tokens that can be traded for real value. In the case of Binamon, players collect Binamon NFTs on the Binance Smart Chain. They then can trade these monsters for BMON or use them to gain an advantage over players.
Besides taking on a fast-growing aspect of blockchain technology, Binamon has the advantage of using a proven and tested approach. This project is pretty similar to Axie Infinity, a decentralized gaming project that is highly successful.
Cons: Why Investing In Binamon Could Be Risky
The biggest drawback to Binamon is that it is more of a copycat of another project. While it can succeed, there is a risk that it could be swallowed by the more successful competitor.
Is it a good idea to buy Binamon?
Buying Binamon is a great idea. Decentralized gaming is an area that is growing very fast at the moment. On top of that, it is a very new project. This means there is a lot of room for growth going into the future.
7. King Cardano – ADA-link a big bullish factor in 2022
This is an auto-claim project that pays its rewards in Cardano (ADA).
Pros: Why Investing In King Cardano Could Be a Good Idea
King Cardano launched this month and comes across as an interesting new crypto project to hold long-term. The biggest advantage of this project is that it allows investors to earn a passive income in crypto.
The way it works is simple, all one has to do is hold King Cardano tokens in their wallet, and then earn Cardano (ADA) tokens. The longer one holds King Cardano, the more the rewards that one earns.
The other advantage to holding this project is that the rewards are quite high. They can go as high as 9%. This means regardless of the price movements; it is possible to stay net positive by holding this token long-term.
Cons: Why Investing In King Cardano Could Be Risky
The biggest drawback to this crypto is that it is heavily pegged to Cardano (ADA). This means, if the price of ADA decreases sharply, then the value of rewards can be affected adversely.
Is it a good idea to buy King Cardano?
Buying King Cardano is a very good idea. That’s because it pays rewards in ADA, one of the most promising crypto projects in the market today. This project’s high rewards also offset the volatility that the crypto may go through.
What Are The Top 7 New Cryptocurrencies To Buy In 2022?
Fundamentals are increasingly shaping up as the next key drivers of the crypto market. That’s why Internet Computer, Solana, and Alchemist are on this list.
However, if Bitcoin crosses the $100k mark by 2022, then it could trigger an altcoin rally and could see meme coins rally by a huge margin. That’s why Shiba Inu and Safemoon have made it to the list too.
With the recent explosion in NFTs, it is largely expected that NFT games will be huge in 2022. This explains the inclusion of Binamon in the list.
Lastly, with DeFi increasingly taking center stage in crypto, cryptos that allow for passive income will only become more important. Due to its high rewards that are payable in Cardano, King Cardano is an obvious choice for 2022.
For those new to crypto, then these 7 are the best. They all have the potential for a very high ROI in 2022.
However, they are not the only ones available. The market has new projects coming up every day, and investors have the leeway to choose any that they want. It all depends on a person’s understanding of the market.
The most important thing to remember is that all investments are risky. As such, the old adage of invest what you can afford to lose should always apply.
The best new cryptocurrencies to buy in 2022:
|Name||Symbol||ROI (Return On Investment)|
Important cryptocurrency events for 2022
January 12th: Real-World Crypto Symposium
Q1 of 2022: Doge-1 Mission by SpaceX and Geometric Energy Corporation
Q1 of 2022: Launch of Facebook-backed stablecoin
Here is a recap of the top 7 new cryptocurrencies to buy in 2022.
- Internet Computer, Solana, and Alchemist stand out as the best new cryptocurrencies to buy in 2022. Experts expect these cryptos’ fundamentals to drive value growth long term.
- Safemoon and Shiba Inu stand as new meme coins to consider in 2022. Both have very strong communities backing them up.
- King Cardano and Binamon are targeting high growth aspects of the crypto market. If they do what they promise, their prices could rocket.
Why Should You Choose eToro To Invest in Cryptocurrencies?
Now you know the best cryptocurrencies to invest in for September 2021.
If you’re feeling inspired to start investing in cryptocurrencies, or this article has provided some extra insight into your existing trading knowledge, you may be pleased to know that eToro allows you to invest in different crypto assets and trade CFDs on up to 90+ cryptocurrency pairs. Crypto Investors can build a diversified portfolio with the most popular coins.
eToro – Best Cryptocurrency Platform
Sign up to eToro and start trading cryptos or copying top crypto investors at no extra charge. There are no management fees or other hidden costs involved.
eToro have proven themselves trustworthy within the Crypto industry over many years – we recommend you try them out.
Virtual currencies are highly volatile. Your capital is at risk.
How To Trade Cryptocurrencies With eToro?
All you need to do is follow these three simple steps.
Step 1. Head over to eToro’s website, click Join Now and fill out the registration form. You’ll need proof of ID and address — this is to prevent fraud and comply with anti-money laundering laws.
Step 2. Make your first-time deposit. The minimum is $50 in several countries including the US and UK, in most other countries it’s $200. Note that in some countries the first-time deposit is much higher, so check before you sign up!
Step 3. On eToro’s platform, click on ‘Trade Markets’ → ‘Crypto’ → and click on the crypto you want to trade. Then choose your terms and you’re done!
And now you’re trading crypto!
Still, have lingering questions on the best new cryptocurrencies to buy in 2022? These frequently asked questions could help you out.
What is the best new cryptocurrency to buy in 2022?
Any of those discussed above should be good. However, many others have good prospects. The key is to understand a project’s fundamentals to help decide what to buy.
What cryptocurrency will explode in 2022?
If Cardano turns bullish in 2022, then King Cardano could easily outperform many other new projects in absolute gains.
What could trigger a crypto bull run in 2022?
There could be many triggers to a bull run in 2022. However, the biggest would be a Bitcoin rally that pushes the number one crypto past the $100k mark.