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7 Best Cryptos to Buy Before 2022 If You Dream of Getting Rich

cryptos - 7 Cryptos in a Holding Pattern as the Market Weighs Risks
Written by publisher team

Now is a great time to take a look at some of the best cryptocurrencies to buy for 2022 and beyond. Reason? There was a lot of great news for crypto-fans (along with some ugly moments here and there, of course).

With the recent rise in Bitcoin (CCC:BTC-USD) And Ethereum (CCC:ETH-USD), the cryptocurrency market cap has exceeded $3 trillion. Although the cyrpto market has been going through tough times lately, and the price of some cryptocurrencies have shifted dramatically, this does not rule out the fact that many cryptocurrencies will stand the test of time.

The key is not to be deceived into making quick reviews and taking your time to identify cryptocurrencies with ambitious roadmaps.

Recently, Tim Cook also revealed that he owns Bitcoin and has been “interested in it for a while”. There are clear indications of a broader adoption of cryptocurrencies for portfolio diversification. In other important news, Master Card Credit Card (New York Stock Exchange:MA) has partnered with leading cryptocurrency companies across the Asia Pacific region to launch the region’s first crypto-related payments card.

In general, a rally in Bitcoin is following the strong momentum of the altcoin. Therefore, it may be a good time to consider exposure to some altcoins.

It’s also worth noting that multiple altcoin returns come in the blink of an eye. Having said that, let’s take a look at seven of the cryptocurrencies that can be bought that are in the best position to soar in 2022 and make investors rich.

Cryptocurrencies to buy before 2022: MarketMove (MOVE)

One of the challenges that investors face in the cryptocurrency world is pulling the rug out. MarketMove aims to address this issue with AI-driven contract audits. In simple words, the platform will separate high-quality projects with strong use from purely speculative crypto projects.

MarketMove is also a game changer in one key area. Buying and selling on a decentralized exchange does not allow limit orders or stop-loss orders. The project will offer these functions to investors who use their platform.

From a token perspective, MarketMove had an initial offer of $1 trillion. However, 75% of the supplies were initially burned.

Furthermore, the MOVE token is considered hyper-deflated. In simple words, when people buy or sell the token, there are fees associated with that. This burn will reduce the width of the token over time and carriers will also get reversals. In the coming quarters, MarketMove also intends to launch staking, which will provide additional returns.

It is also worth noting that the MarketMove Project has a strong team with the core team that has worked in organizations that include the alphabet (NASDAQ:GoogleNasdaq:Google) McKinsey And micron (NASDAQ:mo).

Overall, the MOVE token is worth holding for long-term investors. The company intends to pursue a major marketing push in the first quarter of 2022. I wouldn’t be surprised if the token generates multiple returns in the next few quarters.

Feed Every Gorilla (FEG)

The FEG token sounds like another name among the best cryptocurrencies to buy for 2022 that could provide multiple returns.

The idea behind the FEG token is to provide a decentralized transaction network, running on the Ethereum blockchain (ERC-20) and the Binance smart chain (BEP-20).

I think there are two important reasons to start buying on tokens.

First and foremost, FEG is developing smart decentralized finance. In the past 12-18 months, decentralized finance has boomed. The total assets held in decentralized finance are likely to exceed $200 billion. With FEG’s intent to further improve and innovate, the opportunity is significant.

Moreover, FEG is a very deflationary token with a current supply of 42 quadrillion. While supply is high, there is an ongoing burnout of both the Ethereum blockchain and the Binance Smart Chain. Each transaction results in a burn rate of around 1% and this will reduce supply over time. Additionally, card holders are rewarded with a 1% tax on each transaction. This may not seem important in the short term, but it will be significant if the FEG token provides multiple returns in the next six to twelve months.

The FEG project was launched in 2021 and the FEG team believes they still account for 30% of the development work. Once more innovations are introduced in the form of Smart DeFi, the token has huge upside potential.

Cryptocurrencies to buy before 2022: inSure DeFi (SURE)

inSure claims to be the world’s first insurance ecosystem with the power of being chased. The goal of inSure is to protect investors from fraud, stolen funds, and a sharp decline in the value of the portfolio.

In order to secure the crypto wallet, users need to purchase the SURE token and apply for the insurance. The lock is activated seven days after placing the SURE token in the private wallet.

The starter plan includes keeping 2,500 SURE tokens. This provides four months of insurance with coverage up to $1,000. The diamond plan includes holding 500,000 SURE tokens. This will provide two years of insurance coverage and a cover amount of $140,000.

This is clearly a game changer in a space that has seen an increasing number of scams and stolen money. It is worth noting that SURE tokens also provide an annual return of 60%. In addition, the price of the token has increased by almost 200% in the last 12 months.

Therefore, in addition to the insurance factor, investors also benefit from holding the token. As more investors head for insurance coverage in the coming years, the token supply and demand scenario will translate into more upside.

Internet Energy Network (IOEN)

With the global focus on clean energy, the cryptocurrency world is unlikely to stay behind. The Energy Internet appears to be an interesting choice with a strong use case.

The project intends to use blockchain technology that will enable homes anywhere to work together as a smart and collaborative electricity system. Through this, the Energy Internet will create scalable micro-grids that will help open up opportunities for more renewable energy within a micro-grid.

Another point to note is that IOEN’s cryptographic accounting system is based on Holochain in microgrids. This does not require mining and is a peer-to-peer framework. So IOEN can be considered a really green icon.

From the point of view of the token increase in value, IOEN has a fixed supply. Therefore, as more networks are connected, the demand for the IOEN token will automatically increase. This will translate into a rise in the price of the token.

It is also worth noting that the IOEN token has been included in Uniswap. However, the company has already started listing on a central exchange (Gate.io). The advantage here is that users can purchase IOEN tokens without having to pay high Ethereum gas fees on a decentralized exchange.

Cryptocurrency to buy before 2022: Rari Governance Token (RGT)

Decentralized finance is increasing. The market capitalization of the top 100 decentralized finance coins is $169 million. As the cryptocurrency world gets bigger with its wider adoption, decentralized finance is likely to pose a challenge to traditional investments.

RGT has been among the top performers with returns of over 12000% in the past 12 months. However, I think the value of the coin is heading towards triple digits. One reason is the limited supply. The maximum supply of RGT coin is only 12.5 million.

As an overview, Rari is a non-security decentralized DeFi robo advisor that independently earns revenue for users. In simple words, users can deposit cryptocurrencies and immediately start reaping the highest returns.

In addition, Rari also launched “Market” which is a main interface to interact with fuse (CCC:Fuse – US dollar) employment ribbed (CCC:matic dollar) network. The goal of Rari Governance is to provide all investors with financial technologies that were once accessible to only the elite.

Decentraland (MANA)

MANA has been trending in the recent past. Not surprisingly, considering the fact that the token has gone up over 4000% in the past 12 months.

As an overview, Decentraland is a virtual reality platform on the Ethereum blockchain. The platform allows people to create and monetize content.

Decentraland intends to take advantage of the point people are increasingly spending in the virtual world for work as well as entertainment. There is a huge market to tackle and the Decentraland project seems to be moving in the right direction in terms of user growth and the price of the token rising.

It is worth noting that Decentraland allows the creation of applications, games, gambling and dynamic 3D scenes. So the market looks attractive when it comes to users who buy digital assets.

In terms of functionality, the MANA token will be used to purchase land, goods and services on the virtual platform. The token also stimulates content creation, which has a direct impact on user growth. Overall, the MANA token appears to be in a position to rise further as the virtual world gets bigger.

Cryptocurrencies to buy before 2022: Financing Sector Finance (STRIP)

As the non-fungible token (NFT) space increases, so will Strip Finance. The project believes that the transformation and value of the ever-increasing NFTs creates a liquidity challenge in the market.

Strip Finance intends to meet this challenge. In simple words, Strip Finance is an NFT lending and lending marketplace as collateral.

From the point of view of borrowers, the platform ensures that NFT collectors do not need to sell their assets to acquire stablecoin. For lenders, the platform acts as a source of earning interest.

It should be noted that in October 2021, the project raised $1.5 million from venture capital funds. Funding will be used for project development and user acquisition.

I also like the fact that the token has a limited supply of 50 million. At 93 cents, the VC-backed project looks attractive. With the central exchange listing, trading volumes are likely to improve in the coming months.

There is no doubt that the NFT space is increasing with the increase in the number of projects and the interest of investors. Strip Finance aims to tackle the main challenge. With a solid use case, the project is worth keeping for the long term.

at the date of publication, Faisal Humayun It was a token for the Internet of Energy (IOEN). The opinions expressed in this article are those of the author, and are subject to InvestorPlace.com’s posting guidelines.

Faisal Humayun is a Senior Research Analyst with 12 years of industry experience in credit research, equity research and financial modelling. Faisal has authored over 1,500 stock articles focusing on the technology, energy and commodities sector.

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