Want to purchase cryptocurrency but not sure which ones to buy?
In this Los Angeles Software Developers blog post, we examine some exciting cryptocurrencies with good potential. We will discuss what they are, how much they could rise in value, and how to invest in them now with minimal trading costs.
Cryptocurrencies you can buy right now
Here is a list of the cryptocurrencies to buy, each with a compelling use case and lucrative financial potential. We’ll go through these new cryptocurrencies in greater detail and emphasize why the crypto market values them so highly in the part that follows.
Dogecoin (DOGE)
ApeCoin (APE)
The Sandbox (SAND)
Polygon (MATIC)
Chainlink (LINK)
Uniswap (UNI)
Ankr (ANKR)
Avalanche (AVAX)
Theta (THETA)
STEPN (GMT)
Shen (SHEN)
Fantom (FTM)
What is the process for purchasing cryptocurrency?
Many of the coins on our list of new cryptocurrencies are available for purchase on popular online crypto exchanges.
Here are a handful of crypto exchanges you can buy from today: Crypto.com Binanace.us, Coinbase, Kraken, Gemini, KuCoin, Uphold, BlockFi, Bisq, and eToro.
Step 1 – Sign up for an account: Go to the homepage and sign up for a free account using any of the sign up buttons. Fill in your email address, username, and password.
IMPORTANT: Write down your password!
Step 2 – Verify account: Complete the Know Your Customer (KYC) steps and provide identifying information to verify your cryptocurrency account.
Step 3 – Make initial deposit: Open a trading account and put in at least $10-20 (by credit/debit card, bank transfer, or electronic wallet).
Step 4 – Search for new crypto: To find the cryptocurrency you want to buy, type its name or ticker symbol into the search field.
Step 5 – Purchase crypto: To place a purchase order, simply enter the quantity you wish to buy and click the “Open Trade” button. Purchasing crypto can be done at the current market price, or you can set a price at which you would like to purchase once the cryptocurrency hits that set price.
A closer look at some of the new cryptocurrencies you can buy today
Investors who want to buy new cryptocurrency should make sure that any possible investment fits with their crypto portfolio, either in terms of the level of risk or the way it is spread out. Luckily, there are a lot of different options on the list above.
Let’s get started and look at the best new altcoins to invest in. Some of these cryptocurrencies could also end up being the best ones to buy.
Dogecoin (DOGE)
Despite not being among the newest cryptocurrencies available today, Dogecoin is nonetheless a well-liked choice because of its reputation. Due to the enormous community support for Dogecoin, including support from well-known figures on social media, investors and traders keep purchasing the cryptocurrency. Elon Musk, who has frequently tweeted about the token, is one of the most well-known figures to support DOGE.
Due to the lawsuit filed against Musk, which alleges that DOGE is a “pyramid scheme,” Dogecoin has recently returned to the spotlight. However, the case has increased interest in the token, which has resulted in double-digit rises in recent days. In the end, Dogecoin continues to be one of the greatest new cryptocurrencies and the most undervalued cryptocurrency for risk-taking investors hoping to outperform the market.
ApeCoin (APE)
ApeCoin is a new cryptocurrency with a lot of promise that has investors’ attention this year. One of the most well-known NFTs on the market, the Bored Ape Yacht Club (BAYC) collection, is intimately associated with apeCoin. APE was airdropped to NFT holders after the collection’s launch in early 2022 even though it wasn’t made by the collection’s creators.
Additionally, ApeCoin has been revealed as the native token of ‘The Otherside,’ the future metaverse project from BAYC. Additionally, the coin has been integrated into various blockchain-based games, including the hugely well-liked Benji Bananas. As a result, many believe that ApeCoin offers the most long-term value potential of any new cryptocurrency.
The Sandbox (SAND)
The Sandbox is one of the top brand-new cryptocurrency coins. The Sandbox combines the play-to-earn concept, NFTs, and Metaverse, three cutting-edge crypto technologies. It is a virtual world where gamers can make money by playing, interacting with one another, and exchanging NFTs for the land and other things they can find there. More than 300,000 active monthly users are currently registered in the relatively new metaverse, which has had tremendous success.
The Sandbox is one of the finest new cryptocurrencies to buy in 2022 because of its historical performance, integration of rapidly evolving technologies, and bright future.
We particularly like The Sandbox’s strong plan and forward-thinking perspective. For example, it intends to expand the number of games available in the metaverse. Additionally, it aims to expand the number of user-attractive features on the platform, such as staging virtual concerts. In the end, it aims to make these metaverses the biggest decentralized social media network.
The platform has won over numerous companies and investors with the prospect of a hugely prosperous Sandbox future. We anticipate that more businesses and investors will pour money into The Sandbox in the future, effectively rocketing the price of the SAND token to unimaginable heights. For this reason, many people think it’s the greatest cryptocurrency to buy right now.
Polygon (MATIC)
The greatest new cryptocurrency to purchase this year appears to be Polygon. One of the most well-liked and valuable layer-2 scaling protocols, Polygon aims to address the scalability and gas price issues that the Ethereum blockchain is currently experiencing. It aims to make the network more developer-friendly and competitive against rival networks like Solana and Cardano. We think it’s one of the finest new cryptocurrencies to invest in right now because we think its value will increase as more businesses use it to build platforms and capitalize on its effectiveness.
For instance, Polygon has significantly expanded its ecosystem recently. For instance, Polygon’s effectiveness has been used by more than 19000+ dApps, DeFi platforms like Aave and Uniswap V3, Web3 platforms like DraftKings, and NFT marketplaces like OpenSea. Adidas and Prada are two well-known companies that have showed interest in using Polygon to develop on Ethereum.
The demand for MATIC tokens from investors has also increased. This is demonstrated by the quantity of wallets holding MATIC tokens as well as the rise in funding from well-known venture capitalists with a focus on cryptocurrencies like Sequoia Capital and Tiger Global.
In the future, we anticipate seeing more companies adopt this Layer-2 scaling protocol. The recovery of the cryptocurrency market, the release of Ethereum 2.0, and the acceleration of blockchain use are all anticipated to propel MATIC token prices to previously unheard-of heights.
Chainlink (LINK)
Chainlink is another of the top brand-new cryptocurrencies to keep an eye on. Because it has the potential to be the next big thing in the cryptocurrency market, Chainlink is one of the best cryptocurrencies to buy. Chainlink connects blockchains with off-chain data through its oracle network, enabling programmers to create smart contracts that are more reliable and secure. Additionally, its applications go beyond Ethereum to include all other platforms for smart contracts in the cryptosphere.
Chainlink and its Oracle technology have seen an increase in adoption rates. In an effort to produce more precise and secure smart contracts, it has worked with numerous on- and off-chain brands. The cryptocurrency has attracted increasing amounts of investor attention. At its peak in mid-2021, the network’s starting price had increased by more than 31000% thanks to all of these factors.
Chainlink’s “smart contract” approach is another factor that has helped it stand out as one of the greatest new cryptocurrencies this year. Chainlink intends to introduce more blockchains with smart contracts in the future. The Oracle network’s development team is also working to make it more advantageous for cutting-edge cryptotechnologies like Web3 and NFTs, which would increase the use cases for LINK tokens
Uniswap (UNI)
By the end of 2021, Uniswap will have a user base of more than 2 million traders, making it one of the most well-known decentralized exchanges. With more over $7 billion in total value locked, it is also one of the most liquid DeFi platforms, ranking second by DeFi Pulse. The integration of Uniswap into more than 300 DeFi programs and apps to far has increased the use cases for UNI tokens.
UNI tokens increased in value by over 11,000% at its peak. And although though they might have been negatively impacted by the recent market slowdown, some people anticipate them to rapidly recover and pursue new price records. Since it has already demonstrated its toughness, many people think it’s the best new cryptocurrency available right now.
However, we also recognize that crypto investors have an increasing need for privacy and anonymity, which DEXs like Uniswap address. Additionally, by contributing liquidity to the Uniswap DEX, Uniswap offers its UNI token investors a chance to generate passive income. These ought to persuade you to put UNI on your shortlist of promising new cryptocurrencies.
Ankr (ANKR)
Due to its innovative approach to interoperability, Ankr is the most recent addition to our list of new cryptos to take into consideration right now. Ankr is a platform that provides a wide range of tools for dApp developers within a number of niches, including DeFi and NFTs, rather than a blockchain network. Additionally, Ankr offers a protocol called “Ankr Earn” that enables investors to stake across many chains.
Ankr also gives developers the option to create their own nodes that can be accessed remotely. As a result, the typically expensive and time-consuming node setup process is significantly streamlined. Overall, Ankr appears to be positioned to become one of the most well-liked new cryptocurrencies listed in 2022 as the blockchain industry grows and interoperability becomes more crucial.
Avalanche (AVAX)
Avalanche is another one of the top brand-new cryptocurrencies to watch out for. With a quicker and more scalable network available for developers to create decentralized apps, Avalanche has emerged as a serious competitor to Ethereum (dApps). Furthermore, Avalanche’s network offers substantially lower fees than many of its competitors because it is made up of three distinct blockchains.
Instead of PoS or PoW, Avalanche uses a directed acyclic graph (DAG) consensus algorithm, which has been found to make it nearly hard to allow fraudulent transactions. AVAX, the native token of the network, is used for network fees and validation, but it is also frequently burned to boost its long-term worth. Avalanche is the most recent cryptocurrency to draw interest from a sizable number of retail traders due to its potential.
Theta (THETA)
Theta, which has suddenly appeared on the market over the past year, may be familiar to those who routinely buy and sell cryptocurrency. Because it seeks to fundamentally alter the way that video streaming operates, Theta is regarded as one of the greatest new crypto coins. Making the process decentralized rather than centralized does this (as is the case with YouTube).
One of the native tokens of the Theta network, TFUEL, will be used to pay content creators for sharing videos. The THETA token is utilized by the network for governance, but it can also be staked to convert it into TFUEL. Finally, Theta is the newest cryptocurrency on our list and has already attracted investment from prestigious firms like Sony and Samsung.
STEPN (GMT)
Our top recommendation for new cryptos to invest in is Stepn. GMT is the native currency for the STEPN protocol, which focuses on wellness, a healthy lifestyle, and blockchain gaming. Some of the reasons it made it to our list of the top new cryptocurrencies to buy in 2022 include the fact that it is one of the best-performing tokens created on the rapidly growing Solana blockchain.
A blockchain-based protocol devoted to health, wellness, and active living is called STPEN. With its Web3 and Gamefi tools, it aims to disrupt the $5 trillion health and wellness sector. Instead of using traditional health and wellness tools, STEPN’s platform rewards users for staying fit with GMT tokens.
The recent focus on healthy living could be the cause of the protocol’s oversubscription, the rising investor interest in GMT, the expansion of the STEPN community, and the overall positive return on investment (ROI) of more than 1,000% for GMT tokens.
It’s anticipated that STEPN will keep luring people to its fitness and health platform. GMT is also anticipated to continue gaining investor and crypto community interest. And all of them, along with a rebounding cryptocurrency market, Solana’s rising fame, and more people’s interest in WEB3 technologies, are all anticipated to contribute to a significant value increase for GMT tokens.
Shen (SHEN)
As Luna and Terra UST have failed, Shen is another new cryptocurrency to take into consideration right now. The two have shown us that an algorithmic stablecoin that is not fiat-focused is indeed and urgently needed. With the SHEN coin, which acts as the reserve currency for the Djed algorithmic stable coin, COTI aims to close the security gap left by Cardano, the most secure blockchain network.
Luna’s price peaked at 15000% more than its ICO price. This is the main justification for our opinion that Shen is the greatest new cryptocurrency to purchase in 2022.
Most cryptocurrency analysts and investors are certain that Shen has what it takes to succeed like Luna. But you must be asking, what keeps it from falling like Luna? The answer to this is that, unlike Luna, Shen’s design has been peer-reviewed and has had any potential flaws found and closed.
Furthermore, this Cardano-based project’s developers are already aware of the difficulties that contributed to Luna’s demise and have put in place sufficient precautions to prevent their repetition.
Fantom (FTM)
Another new cryptocurrency to invest in is Stepn. GMT is the native currency for the STEPN protocol, which focuses on wellness, a healthy lifestyle, and blockchain gaming. Some of the reasons it made it to our list of the top new cryptocurrencies to buy in 2022 include the fact that it is one of the best-performing tokens created on the rapidly growing Solana blockchain.
A blockchain-based protocol devoted to health, wellness, and active living is called STPEN. With its Web3 and Gamefi tools, it aims to disrupt the $5 trillion health and wellness sector. Instead of using traditional health and wellness tools, STEPN’s platform rewards users for staying fit with GMT tokens.
The recent focus on healthy living could be the cause of the protocol’s oversubscription, the rising investor interest in GMT, the expansion of the STEPN community, and the overall positive return on investment (ROI) of more than 1,000% for GMT tokens.
It’s anticipated that STEPN will keep luring people to its fitness and health platform. GMT is also anticipated to continue gaining investor and crypto community interest. And all of them, along with a rebounding cryptocurrency market, Solana’s rising fame, and more people’s interest in WEB3 technologies, are all anticipated to contribute to a significant value increase for GMT tokens.
Buying Cryptocurrency: Conclusion
In the end, this guide has given an in-depth look at the best new crypto assets on the market, showing how they can be used and what their future potential is.
Even though the crypto market is very volatile right now, these coins are still very popular, and once this bear market is over, they could rise quickly. The market seems to be getting better now that the total value of all cryptocurrencies is back over $1 trillion.
Los Angeles Software Developers develops custom software, mobile apps, websites, cryptocurrencies, metaverse developments, blockchain developments, and various web 3 projects.
Not Investment Advice
The information provided in this article does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions. Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. All opinions expressed on this site are owned by the respective writer and should never be considered as advice in any form. A qualified professional should be consulted before making any financial decisions.
