Reddit is home to one of the largest digital asset communities in the online space, and as such, the forum can be a great source to find the best cryptocurrencies in the market.
In this article, we explore the 10 best cryptocurrency to invest in 2022 on Reddit.
Top 10 Cryptocurrency Redditors Are Buying 2022 List
While some seek established blockchain projects with a solid long-term outlook, others look to buy new cryptocurrencies that have the potential to explode in value.
In the sections below, we explore the 10 next big cryptocurrency on Reddit to consider for your portfolio.
1. Lucky Block – Best Cryptocurrency to Explode in 2022 on Reddit
Our comprehensive research on the Reddit forum found that Lucky Block is the overall best new cryptocurrency to buy in 2022. Unlike many of the tokens that we will discuss today, Lucky Block hasn’t been listed on a public exchange yet.
Put simply, Lucky Block lottery games are guaranteed for fairness and legitimacy – not least because all outcomes are deployed by smart contract technology. The Lucky Block token will sit at the heart of the globalized lottery network – so all in all, this project is tipped as the best new cryptocurrency to invest in 2022.
2. Yearn.Finance – Top Cryptocurrency Offering Decentralized Financial Services
Yearn.Finance was launched in 2020 and offers decentralized financing and investment services to people all over the world. Yearn.Finance has a small supply of just over 36,000 tokens and as of writing – trades at more than $33,000.
3. Cosmos – Blockchain Interoperability Connects Competing Networks
Next up on our list of the best Reddit cryptocurrency investing tokens is Cosmos. This project offers a unique piece of technology that embraces blockchain interoperability.
For those unaware, this simply means that through Cosmos – different blockchains can talk to one another. The Cosmos blockchain is backed by the ATOM token – which is up over 340% in the prior year.
4. XRP – Network Facilitating Cross-Border Transactions for Large Banks
XRP is another cryptocurrency that is popular with Reddit forum members. The technology is striving to revolutionize the global cross-border payments industry by providing large banks and financial institutions with cheap, secure, and fast transactions. Though it’s not very popular in the U.S, you will find it listed on many of the best crypto app.
5. Bitcoin – Most Popular Cryptocurrency in the Market
Ever wondered how to buy Bitcoin with low fees securely in 2022? With more than 3.8 million members, it goes without saying that Bitcoin has a huge presence on Reddit. Crucially, Bitcoin could be one of the best cryptocurrency to buy in 2022 if you’re looking to invest over many years.
This ongoing supply increase will be capped at 21 million tokens – which is expected to happen in 2140. Bitcoin is the largest cryptocurrency in terms of market capitalization, so the upside potential with this digital asset will potentially be lower when compared to other projects.
6. Ethereum – De-Facto Blockchain for Smart Contract Technology
Ethereum was launched in 2015 as the first platform to bring smart contract technology to the blockchain sector. This means that, unlike Bitcoin, users can execute transactions on the blockchain for a variety of reasons – other than just payments.
7. ZCash – Most Promising Cryptocurrency to Buy
Launched in 2016, ZCash can be described as a privacy coin, insofar that it offers enhanced anonymity when users send and receive tokens. Much like Bitcoin, ZCash will have a total supply of 21 million tokens and current mining rewards stand at 6.25 ZEC.
8. Dogecoin – Best Meme Coin to Buy in 2022
Dogecoin is one of the best cryptocurrency on Reddit for hype and speculation. As of writing, the Dogecoin Subreddits is home to over 2.3 million subscribers. This digital was created as a joke in 2013 but has since become a multi-billion dollar asset.
9. Uniswap – Growing Network of Decentralized Apps
The Uniswap platform is built on top of the Ethereum blockchain and it allows users to buy, sell, and trade cryptocurrencies in a decentralized manner.
If you’re a firm believer that decentralized exchanges will eventually replace centralized platforms – Uniswap could be the best cryptocurrency to invest in 2022.
10. Shiba Inu – Best-Performing Cryptocurrency Last Year
Shiba Inu is certainly one of the best-performing cryptocurrencies over the prior year – with the token growing by more than 142 million percent since it was first launched in mid-2020.
As of writing, Shiba Inu is trading at a mere $0.00002 per token on public exchanges – which makes it a super-cheap cryptocurrency to buy in 2022.
How to Buy the Best New Cryptocurrencies 2022
Once you have decided which cryptocurrency to buy in 2022 – it’s then just a case of completing your investment with an online broker or crypto exchange.
Follow the steps outlined below to invest or buy cryptocurrency, following the example of the most promising cryptocurrencies in the market right now.
How to Buy Lucky Block
Lucky Block – which many Reddit users believe is the best new cryptocurrency to buy in 2022 – can currently be purchased at pre-sale pricing. You can also join the Lucky Block Telegram group for all the latest news and updates.
The process simply requires you to visit the Lucky Block website and connect a wallet that holds BNB.
- Visit Pre-Sale Portal: First, visit the pre-sale portal via the Lucky Block website. Here, you can view in real-time how many tokens have been sold to date.
- Connect BNB Wallet: As noted above, you need to connect a wallet to the Lucky Block pre-sale portal that holds BNB tokens. Click on the ‘Unlock Wallet’ button and choose your preferred wallet. If you do not currently hold BNB – you can purchase some directly through Trust Wallet with a debit/credit card.
- Enter Investment Size: Now that you have connected your wallet, you need to enter the number of BNB tokens that you want to swap for Lucky Block. This can be any amount of your choosing from just 0.16 BNB.
- Receive Tokens: As soon as you confirm the exchange, the Lucky Block tokens will be sent to your wallet.
How to Buy Cryptocurrency on eToro
The other nine projects that made our list of the best cryptocurrency to buy in 2022 can be purchased on a spread-only basis from just $10 at eToro.
- Open eToro Account: Register an account with eToro – which will require you to enter some personal information. Upload a copy of your ID to get verified instantly.
- Deposit Money: Next, deposit some funds into your eToro account with a debit/credit card or e-wallet. ACH and bank wires are also supported.
- Search for Crypto Asset: Use the search bar at the top of the page to find the cryptocurrency that you wish to invest in. Then, click on the ‘Trade’ button.
- Buy Crypto Asset: Finally, decide how much you want to invest in your chosen cryptocurrency from $10 upwards – and click on ‘Open Trade’.
The overall best new cryptocurrency to invest in 2022 is Lucky Block – which is looking to bring online lottery games to the blockchain protocol.
To invest in this project at the best price possible – the Lucky Block pre-sale will continue until February 1st.
You only need to meet a minimum investment of 0.16 BNB to gain exposure to Lucky Block and the process rarely takes more than 10 minutes from start to finish.