Then, of course, many people ask: Which altcoin should I buy now? Everyone wants to know which cryptocurrency will continue to rise in the course of 2022 and beyond, but also which altcoins will retain their value. It is, of course, impossible to give an unequivocal answer, since you can only say with certainty after the fact. However, it is expected that a number of altcoins will realize their potential in the near future.
Below is a list of the best altcoins that we think have the best potential to experience significant growth in 2022 and beyond.
Uniswap
Uniswap is a DeFi project and is a decentralized platform to trade cryptocurrencies. This means that it is a platform for everyone, without anyone having full control like centralized platforms.
What makes Uniswap unique is that it makes many tokens available that are not yet available on many platforms. You completely own your own coins because it is a decentralized platform that allows trading without a ‘middleman’. We have a very positive future in this, as more and more users are looking at this.
The future of DeFi projects is very positive, and Uniswap is one of the most innovative projects in this area. The platform is growing tremendously, and more and more users are choosing to switch to this platform, leading more people to buy Uniswap to trade on this platform. This will eventually lead to a big price increase in 2022 and beyond.
Ethereum
Ethereum is similar to Bitcoin in many facets, but it is fundamentally different. Unlike Bitcoin, it was developed as a flexible infrastructure. This makes it easier for companies to build their own applications on the Ethereum blockchain.
You probably know Ethereum from its own token: ‘Ether’. This is the coin that you can compare with Bitcoin. It provides a primary layer through which transactions are performed on the network.
Chainlink
Chainlink has surged more than 200 percent in value in the past year or so. It was even slightly above 6 dollars at one point. The altcoin is one of the driving forces behind Decentralized Finance (DeFi).
The market capitalization for Defi quadrupled in six months. Most of the ecosystem runs on Chainlink to connect smart DeFi contracts to off-chain data feeds such as commodities and price data.
More and more investors are buying Chainlink as a speculative investment on the success of DeFi. It also helps that it is readily available on more and more exchanges.
Tron
Justin Sun is arguably the most talked-about entrepreneur in the crypto world after Elon Musk. He is the founder of the cryptocurrency Tron, but there are also some controversial stories about him. However, Tron is an interesting cryptocurrency to follow.
This has mainly to do with the idea behind the currency. The goal of Tron is to decentralize the entire internet by sharing digital content via its own blockchain. Tron should ultimately serve as a platform for this. It is certainly an interesting project with a lot of potential.
Cardano
Cardano is not a coin in itself, but it does have a token: ADA. The project is an open-source protocol that consists of several layers of blockchain. The idea is that as many complex decentralized applications as possible can be supported by working with different layers.
For example, there is a transaction processing layer and a computing layer. The computing layer makes it possible to perform smart contracts in a decentralized manner. It is being worked on by universities, governments, and programmers. Now that you understand Cardano’s rationale, let’s get into why you should consider buying ADA.
Anyone considering buying ADA is probably thinking long-term. The project is not very fast, but it is ambitious, professional, and passionate. It remains to be seen how the project will progress further.
VeChain
VeChain is not just a cryptocurrency, but is actually a company. It has dozens of partners and closes new deals every week. The company has already collaborated with the Renault Group, KUEHNE+NAG, E L, and the State Tobacco Monopoly Administration of China, among others. Unlike other cryptocurrencies, it is therefore not based on ideology, but on actual business operations.
Vechain’s pay to Kenen, VET is used as a payment currency to perform activities. The more VET one has, the higher the priority and rights on the blockchain. With the token THOR, which is also linked to Vechain, applications can be run on the blockchain. By linking actions to coins, it is attractive to trade the token. For example, you can trade with parties that need the currency to carry out projects and earn money in this way.
New Altcoin 2022
In order to be able to respond to the market of new, promising, and the best altcoins in 2022 and beyond, we recommend that you keep a close eye on this website. We share a lot of information about developments in the crypto market and regularly give tips about what the best crypto coins are to buy. The best altcoins for long-term investment will also often be discussed.
