The cryptocurrency industry is the fastest-growing innovation in the history of humanity. More and more people start exploring this niche as they believe that the future will belong to digital money.
Currently, there are so many projects that new crypto enthusiasts might consider that the crypto market is too confusing. Besides, many blockchain-based projects will emerge in the nearest future. This is the reason why choosing cryptocurrencies to invest in is a very difficult challenge. You don’t know which startup will succeed and which one will collapse. You cannot predict which crypto will bring gains and which will decline the next year. However, we, at least, can try doing this. Here is our review of the best 5 coins to invest in before 2022 ends.
Polkadot has been around since 2016. It gained huge popularity thanks to the unique technology that makes different blockchain networks interoperable. None of the crypto projects before Polkadot offered the possibility to establish efficient interaction between different blockchains. Besides, the developers of this crypto startup built protocols enabling the interaction of Polkadot with other blockchains as well.
As with any cryptocurrency, DOT shows big volatility in price. However, it tends to recover quite quickly. This fact and the unique use of the native blockchain are the main reasons why we consider DOT a good investment right now. We have no doubts that the unique feature of the Polkadot will remain in demand, causing huge buying pressure and pushing the DOT price up.
The history of the native protocol and the network dates back to 2017. As of the date of writing this review, the LINK price is around $6. Similar to many other big cryptos, LINK suffered a huge decline in value at the beginning of the year. Despite that, we believe it’s a great buy at the end of the year thanks to the prospects and capabilities of the technology. Chainlink provides companies with the possibility to connect to blockchain platforms. The network is based on smart contracts and is powered by the LINK token.
Unlike many other altcoins, LINK has been showing more bullish movements over the passing month. We think that this might be a good indicator of a future reversal of the value trends. That’s why we suggest that the current low price of this cryptocurrency is a very good entry point for investors.
In 2013, Dogecoin became a real trendsetter as it was the first ever meme cryptocurrency created without any higher purpose. Nevertheless, Dogecoin is a pioneer. The crypto market is where you should take pioneers of the industry into consideration because these are sustainable projects that played an important role in the development of today’s market. Besides, Dogecoin price has been showing quite positive movements throughout the last 3 months.
Dogecoin works the same way as Bitcoin, meaning it can be mined. The meme nature of Dogecoin attracts a lot of attention from celebrities and the community of social networks. Besides, Dogecoin is in the top 8 of the biggest cryptocurrencies by market capitalization. Although it cannot be considered a real financial asset because of some technical features of the token, we suggest that it’s a good idea to invest in Dogecoin this December.
Big Eyes Coin (BIG)
This is one more project that followed the path of Dogecoin. The BIG meme coin’s logo is a cute meme cat with Big Eyes, while Dogecoin took advantage of the meme Shiba Inu dog. Many investors believe in this coin because of its presale success, which might be a good indicator that the project won’t collapse shortly after the launch. As of the date of writing, the presale of the Big Eye Coin has already raised over $11 million.
How did it manage to attract such investments? The developers behind the project have a goal to reimagine blockchain-based financial services. They are also going to encourage NFT enthusiasts by creating a platform for efficient distribution and exchange of NFTs and other crypto tokens, which will be available for BIG coin holders.
Dash 2 Trade (D2T)
Dash 2 Trade is also a newly emerged project. Similar to many other startups in the crypto market, Dash 2 Trade aims to take advantage of the unique concept. Dash 2 Trade is a special blockchain-based system that is going to help crypto investors to determine which projects are worth their attention. Actually, this platform is a helping tool for crypto enthusiasts that has a lot of features to help you make more well-thought-out investments. We are convinced that such a service has very good prospects in the conditions of the rapid growth of the crypto industry.
This platform is powered with the D2T token. The more people will use it, the more valuable this cryptocurrency will become. As of the date of writing, the ICO of Dash 2 Trade is taking place. 70 of all tokens worth 0.0476 USDT will be distributed among investors.
It’s impossible to predict changes in the crypto market because of its extreme volatility. We cannot also predict whether the suggested investments will bring any gains the following year. The only thing we can say is that we consider DOT, LINK, DOGE, BIG, and D2T the most promising cryptocurrencies as of the middle of December 2022. Make your own research, examine white papers, follow the news, and determine which crypto investment will be the best for you!
Suman(Kul Prasad) Pandit is an accomplished business professional and entrepreneur with a proven track record in corporate and start-up sectors in the UK and USA. With a focus on sustainable business practices and business education, Suman is highly regarded for his innovative problem-solving and commitment to excellence. His expertise and dedication make him a valuable asset for businesses seeking growth and success.