The cryptocurrency market is filled with unexpected turns of events, with coins that everyone was rooting for sharply dropping in value, while some that seemingly nobody has heard of are growing at an insane rate.
Trading cryptos means taking advantage of the changing market, constantly following the latest trends and staying on your toes to adapt your investment strategy – but that doesn’t mean you can’t follow the best crypto insider tips for investments in 2022.
So, what cryptos are prone to explode in 2022? Let’s find out!
Solana: Ethereum’s worst nightmare
Whether you’re spending hours on end analyzing market trends or making the most of modern technology and allowing the best crypto trading bot to do the work for you, unless you’ve been sleeping under a rock you must have already heard about Solana.
Solana is one of the most serious rivals for Ethereum, which still is one of the most valuable and popular cryptocurrencies. Solana, however, theoretically allows a much faster transaction speed, potentially reaching as much as 65,000 transactions per second. The crypto runs on a hybrid protocol of the original Proof-of-Stake, as well as Solana’s own algorithm for authentication. It’s also open source
Solana is a worthy cryptocurrency to keep an eye on, but its recent dips have scared away many investors. For now, we recommended careful tracking.
Lucky Block: blockchain-based lottery?
If you ever wondered what a child of Powerball and Bitcoin would look like, Lucky Block is the answer – a decentralized, international lottery built on blockchain. In contrast to most real-world lotteries, however, Lucky Block offers transparency and daily prize draws, making it not only appealing to players, but also highly addictive to many.
Not a fan of the lottery? What if we told you that 10% of each prize pool is donated to charity? It’s also using a greener mechanism than many other cryptocurrencies, making it a bit less harmful for the environment.
Is it worth investing in? Only time will tell – the hype for Lucky Block has now lowered and the crypto has dipped, but analytics say not to give up on this one just yet and keep observing.
Algorand: is last year’s top crypto making a comeback?
In 2021, Algorand reached peak value and became one of the hottest cryptocurrencies of 2021. In late 2021 and after, however, Algorand began to drop down – from over $2 per ALGO in early December to barely $0.70 in early March.
However, the coin has been increasing in price lately, even though slowly. Experts still believe that this is one of the best coins to invest in 2022, but also frequently mentioned that you should look at it as a very long-term investment. It could take time for Algorand to regain lost value, but when it’s there, those who held will reap the benefits.
