How Do Crypto Investors Measure The Growth Potential of an Altcoin? SAFEMOON, SHIBA INU, BITGERT, BABYDOGE and ELON MUSK’S DOGECOIN; What is The BEST CRYPTO TO INVEST IN 2022 for Long-Term?
With a number of options available for crypto investment, investors must feel overwhelmed to choose the best.
Introduction: In this article Author Analytics Insight discusses what they think are some of the best cryptocurrencies to invest in and the reasons why they might break out in 2022.
The roadmap of the Altcoin team and the products they are launching can unequivocally answer the question of which cryptocurrency is the best to invest in 2022. Now let’s see why investors should consider investing in these best cryptocurrencies in 2022;
1. Dogecoin (Doge)
Dogecoin is one of the oldest digital cryptocurrencies, having launched in 2013. It is a peer-to-peer digital currency and recently got favored by Shiba Inus worldwide, which entrenched the coin better into the market.
But the relationship between Elon Musk & Dogecoin has got many people interested in this coin. The association with this entrepreneur and business magnate has built investors’ confidence in this coin, and more are joining.
Elon Musk’s comments on Dogecoin have also made this currency popular. During a recent interview with Time, he praised Dogecoin as better than Bitcoin for transactions due to its lower cost. This means people are looking for a cheaper payment platform; Dogecoin is the solution.
Dogecoin is a borderless currency, and with the expected mass adoption across the globe, this is definitely one of the best cryptocurrencies of 2022. Investig today might be the best decision one can make.
2. Shiba Inu (SHIB)
Shiba Inu is still one of the most attractive cryptocurrencies of 2022. $SHIB goes down in history as one of the fastest-growing cryptocurrencies after growing by almost 50000000% in 2021 alone. 2022 is another year the crypto community is positive that $SHIB will make a rebound.
Already, the team has announced the launch of products that will make the project more attractive. One of the upcoming products in 2022 is the Doggy DAO. The DAO will give the community control over the platform. The launch makes the project more transparent, which is one of the key factors to a successful crypto project.
DAO launch is also expected to grow the value of the coin as more users will join the platform. The announcement of the $BONE as the token to be used as gas in the Shibarium blockchain is another factor that will grow this coin. The continued improvement of the ShibaSwap functionalities is also attracting more users in 2022.
Safemoon is a cryptocurrency that launched in 2021 and recorded massive growth. It is still one of the high potent projects to invest in 2022. The most exciting development recently is the V2 protocol upgrade. The full launch of the V2 is expected to boost the coin’s rebound. Recently, Safemoon CEO John Karony announced Operation Phoenix, which will breathe a new life into this project.
Operation Phoenix includes a bunch of innovations, including popular wind turbines and nanotechnology. The technology is decentralizing wind turbine energy technology by developing small turbines that users can buy and produce their own energy.
This is a game-changing technology that will see the value of the coin rebound in 2022. The team has also hinted at the launch of the exchange, which is one of the products in the roadmap. The development of the web3 network in 2022 is another reason Safemoon will be the best crypto investment today.
4. Bitgert (BRISE)
Bitgert (BRISE) is another cryptocurrency to invest in 2022. It is one of the newest crypto projects in the market today, having launched in late July 2021. In the last 5 months, the team has accomplished so much in building this DeFi project. In fact, it was the fastest-growing crypto project of 2021.
Investing in Bitgert might be the best decision because of this coin’s huge potential. A look at the 2022 roadmap shows a mooning project. The team is releasing the Brise exchange in Q1 2022, followed by the launch of the widely anticipated zero gas fee blockchain. Users will not pay a gas fee for buying, selling, making transfers, and other transactions on this blockchain.
The coin is soon listing on KuCoin and Gate.io soon, and the iOS wallet is also launching soon. The team is doing soon, and the project will be legally registered. All these developments are making this project the best crypto investment of 2022. Check out the Bitgert website.
5. Babydoge (BABEDOGE)
Babydoge is a meme coin that has done so well in 2021. Launched mid-last year, the coin recorded impressive performance, with the price of the meme coin growing by huge percentages. Introduced to the market at a time when SHIB and other meme coins were doing so well, the Babydoge was swept by the hype and grew exponentially.
The ATH price was in late October 2021, but it has been very stable despite plummeting by the end of the year. From the team, there are plans to ensure the coin is rebounding back and record bullish growth in 2022. From the celebrity endorsement, airdrops, influencers, and so on, the team has a solid plan to grow this deflationary token in 2022.
These are some of the best cryptocurrencies to invest in and the reasons why they might break out in 2022.