Why Cryptocurrencies Designed in 2022 Could Be Really Interesting? New cryptocurrencies appear almost every day: theoretically, anyone can issue their tokens. If you analyze the statements of experts, it is easy to see that the popularity of Bitcoin is artificially fueled. The price of coins is rising not only because of their real value, but also because of the hype around the blockchain technology trend itself.
If you do an independent review of cryptocurrencies in 2022, you will find that interesting and promising options have already appeared, based on unique mining technologies and solving real problems of users:
- For example, their mining (extraction) is faster, and the miner does not need huge computing power. Accordingly, the costs of coin mining are reduced.
- In addition, the newest cryptocurrencies are often based on the reputation of the creators. The higher the trust in the people involved in the development, the greater the chance of the coin to firmly take its place in the market.
- Another factor is the ease of working with the platform and the source code itself. If developers open the API to everyone, then the technology will develop many times faster than with closed code.
Many of the upcoming 2022 cryptocurrencies have low transaction costs. This means that they can pay for services much easier. Yes, Bitcoin is accepted in some countries even as payment for some real objects and things; sometimes you can even buy real estate with coins, but the cost of transferring any amount is very high. This makes Bitcoin expensive to use in everyday life, when a person just wants to pay for a virtual service or pay for a service.
So, new cryptocurrencies are interesting from the point of view of solving real problems, ease of use, exchange and mining. At the same time, no one can predict which instruments will give the highest returns. You need to constantly monitor news and courses. For example, new articles on this topic appear daily on the Happy Coin Club website.
New cryptocurrencies with prospects for mining
Below is a list of new cryptocurrencies for 2022, which will help both beginners and experienced miners to familiarize themselves with the new products and possibly place a bet on a specific crypto coin.
Let's consider how effective and promising the new virtual coins are:
- Electroneum – released late last year. The concept of this cryptocurrency is to provide fast calculations in mobile games and applications for modern gadgets. According to the creators, the total volume of coins will not exceed 21 billion. The favorable price and fairly simple mining process make this coin quite attractive to many. Electroneum has a lot of advantages for miners. You can work on standard computers, the power of the equipment is unimportant. Radeon and GeForce video cards are suitable.
- Tkeycoin DAO is also a promising project for the current year, which was launched at the end of 2022. Mining this coin does not require the purchase of expensive and powerful equipment. There is also no need for cloud mining.
- Bitcoin White – the concept of the project is to create a decentralized space for organizing various applications. Miners will not have to purchase special equipment or create farms. To mine coins, a regular PC and a minimum of RAM are enough. Working and trading this cryptocurrency is extremely simple and convenient. The only caveat is that you will need Linux software.
- AndCoin – the coin was founded and released at the beginning of this year. The basic purpose of the currency is standard payments. Standard computers are optimal for mining this cryptocurrency. Work on smartphones will also become available next year.
Let's sum it up
So, not a single review of cryptocurrencies for 2022 will give an accurate forecast regarding the profitability of certain coins and projects. The only thing we can say with certainty is that both blockchain technology and mining methods will develop. Now among the offers investors come across a lot of garbage. This trend will be observed throughout 2022, but at the same time there are prerequisites for the development of truly interesting projects.
Promising cryptocurrencies will certainly be based on either interesting ideas that are in demand by a huge number of people, or unique technological developments. The appearance of “soap bubbles” is not excluded, but, most likely, the excitement around them will quickly subside.
To avoid missing out on the opportunity to invest early and buy tokens at good prices, follow the news. This can be done on the Happy Coin Club website. Expert opinion is considered important, but, alas, you can only predict the ups and downs of exchange rates if you are seriously involved in analytics. In any case, you can always find out the names of the project developers, the main idea and the technology on the basis of which the launch is planned from the White Paper. This is a document describing the concept of each new cryptocurrency, a kind of presentation. Fundamental projects always develop this document, trying to attract as much attention as possible.
What coins will still be promising this year?
Miners should pay attention to the list below with new cryptocurrencies:
- Qlink (QLC)
- EtherZero (ETZ)
- MarteX (MXT)
- Bitcoin Candy (CDY)
- Bitcoin Smart (BCS)
When choosing new coins for mining this year, you should remember that even the most impressive projects at first glance can collapse. But there is no need to rush to conclusions and negatively evaluate young coins. The success of beginners and experienced miners depends on the ability to correctly assess the prospects for the development of cryptocurrencies.
Promising cryptocurrencies 2022: top 10
In 2022, Bitcoin and blockchain technology turn 10 years old, the world economy is increasingly paying attention to virtual money, and currently there are more than 1,000 varieties of cryptocurrency known to exist.
The total capitalization of digital money at the beginning of 2022 will reach a record high of 100 billion dollars, despite the fact that at the beginning of 2017 the amount was only 15 billion.
Now is not too late to start mining; moreover, as forecasts and rates show, this market is just beginning to develop. If you still decide to build a farm at home, here is a list of the best video cards. Of course, if you are a beginner, first create a wallet.
In 2022, we recommend not focusing on one cryptocurrency, but suggest choosing several; below is a list of the most profitable ones for mining and investing.
Read also: Where to buy and how to cash out Bitcoin in Russia in 2020
Bitcoin
The leader among cryptocurrencies, it will be difficult for a beginner to start mining it, since it will require large computing power, a farm assembled by hand will not cope, but the Antminer S9 miner is quite suitable.
Current rate of 1 Bitcoin is 940,803.80 rubles or 14,992.87 dollars
Ethereum or Ethereum
One of the very first competitors of Bitcoin in terms of capitalization, in the second half of 2022, the currency showed a tremendous increase in price, here is a rating of ready-made farms for its production.
Current rate of 1 Ethereum is 444 dollars
The difficulty of mining the first two increases with their popularity and rate, of course, if you have great computing power, you are lucky.
For a beginner, getting Ether or Bitcoin will most likely not be affordable, so we advise you to turn to the next part of the list.
Ripple
One of the few digital cash that has entered into contracts with large banks, which is why the currency has a good future. The system allows you to make money transfers between banks over the network in real time. Read more about Ripple (XRP)...
Current rate of 1 Ripple is $0.20
NEM
The product, developed in Japan, boasts a multi-segment contract and an attractive push notification system.
Current rate of 1 Nem is 0.21 dollars
IOTA
The currency was created specifically for companies and is aimed at exploring new business models; in the future, each technological resource can be used to create a service whose shares will be traded on a market open to all network users. Moreover, trading is carried out online; the highlight is the absence of any transaction fees.
Read also: What will be the next most profitable cryptocurrency? Five of the most promising coins
Current rate of 1 IOTA is $0.43
EOS
The first competitor to Vitalik Buterin and his Ethereum, the EOS cryptocurrency is a decentralized platform for signing smart contracts; the currency entered the ICO and will be there until mid-summer 2018.
Current rate of 1 EOS is $0.53
Waves
Almost no different from the currency above, all the same smart contracts, however, with a lower cost of transactions on ico, even for $20 you can initially place a token. Read more about Waves...
Current 1 Waves rate is $3.86
AntShares or NEO
An analogue of Ether from the Middle Kingdom, a Chinese crypt with huge potential, promising and quickly pays for itself in 2022.
Current rate of 1 AntShares is $16.46
Golem
Digital money is a huge super computer, each participant in the network has open unlimited access to it, in fact, the Golem network consists of communicating the computing power of its participants, from ordinary PCs to large data centers, the currency gives great hope for the next year.
Current rate of 1 Golem is $0.000036
Siacoin
A promising startup, Siacoin is capable of encrypting and transmitting data of network participants in a decentralized manner; no organization will have access to the transferred information, thereby distinguishing this currency from conventional cloud storage.
Read also: How Australia is becoming a cryptocurrency continent: markets, laws and plans
Current rate of 1 Siacoin is $0.0039
Status
It is a user browser with an integrated messenger and a gateway for access to a decentralized network, in simple terms a social network made using blockchain technology.
Current rate 1 Status – $0.027
LoveCoins from model Natalia Vodianova
LoveCoins
Who would have thought, but the world-famous model of Russian origin Natalia Vodianova released her cryptocurrency, LoveCoins, in January 2022. Coins can only be purchased in the Elbi app. By the way, it is intended to raise funds for charity. Perhaps, thanks to this method, it will be possible to avoid the leakage of philanthropists’ money for other needs.
But LoveCoins owners not only donate money to charity, but will also be able to purchase clothes and other items from the collections of world brands with coins. To buy Love cryptocurrency, you need to download the Elbi application and register in it. That is, the coins are intended more for internal use.
Promising newcomer Ripple
This type of digital currency is open source. It is a peer-to-peer payment system that uses its own internal XRP token. Based on the technology of confidential transactions between network participants. Users can easily convert their savings at an incredibly favorable rate with just one click. Due to the fact that the coin is developed on the basis of a different protocol than Bitcoin, it has a more advanced security system.
Ripple's capitalization has exceeded $2 billion, and the total number of issued tokens is 100 billion. Over $200 million has already been invested in this cryptocurrency. The current rate shows an indicator of $0.23 per 1 XRP. Of course, this is not a very impressive result in comparison with other top altcoins, but the growth dynamics of the site are still impressive. In March, the price of one Ripple token did not exceed 2 cents. Undoubtedly, the coin will undergo further development and a multiple increase in value.
Monero rate analysis
Digital money with this name appeared on the list of decentralized platforms with great potential relatively recently, although their development dates back to the beginning of 2014. This means that this electronic currency appeared even before Ethereum. Monero, or “coin” translated from the artificial language of Esperanto, is a cryptographic currency based on the CryptoNote algorithm, designed to increase the level of anonymity of transactions. Created on April 18, 2014 as a fork of Bytecoin. When network participants found out that over 75% of the total emission of Bytecoin tokens had already been issued, they decided to carry out a strict division of the system. Taking the name Monero, the new platform started with zero pre-mining.
At the moment, more than a quarter of a billion dollars have been invested in this cryptocurrency. Moreover, the size of investments increases every month. The cost of these electronic money over the past six months has increased more than 7 times - from 20 to almost 150 US dollars. According to experts, Monero is only at the very beginning of its journey, which means that the resource will present many pleasant surprises to users who finance it.
What will Ethereum show?
This electronic platform started in 2015 and in a relatively short period of time has acquired unprecedented popularity, currently second only to Bitcoin. The basis of the resource is an open decentralized platform that offers the function of smart contracts. With source code developed by users all over the planet, Ethereum was created as a coin that can adapt and transform to solve absolutely any problem.
The service’s special internal token is ether. Its use is not limited to participation in transactions. This coin can be used to carry out transactions with a wide variety of instruments, including financial assets. Due to its versatility, Ethereum is widely used in areas of economic activity such as accounting, logistics, and currency conversion. Most financial analysts assume that in the near future it will be able to replace the obsolete functionality for making payments,
In June of this year, the cost of one platform token exceeded $270. And back in March, its price was only $35. These are good growth indicators, and, consequently, huge potential for investing in the project.
By the beginning of 2022, the total amount of invested funds should reach almost 4 billion American rubles. Among the positive factors are favorable conditions for trading operations with the ETH/USD pair, which the eToro web resource offers today. This will certainly have the most beneficial effect on the resource.
How to make a choice
So where is it better to invest? Which currency should you choose: the sensational Bitcoin or one of its more modest brothers? Of course, no one will give an unambiguous answer by taking full responsibility. Here are just a few general tips from experts:
- It is better not to invest all your savings in one cryptocurrency; you should choose several investment options. This will help diversify risks, or as people say, “don’t put all your eggs in one basket.”
- You need to consider whether you plan to make short-term or long-term investments. This may determine which company to choose - a more stable one or a more promising and dynamically developing one.
- And, of course, the amount of the deposit matters. If you are new to investing, then it makes sense not to invest enormous amounts of money in the first company you like based on the profitability charts. But on the other hand, if you are careful all the time, then even with good growth in the exchange rate, you may not experience significant profits. And those who doubted several years ago whether to invest in Bitcoin are now biting their elbows for not buying as many of the treasured crypto coins as possible back then.
Viu (Viuly) - video hosting cryptocurrency
Viu
Cryptocurrency is better known as video hosting with the same name. Viuly is a site or even a platform that could compete with YouTube itself in the future. The project has its tokens with the Viuly cryptocurrency. Why does a new hosting need digital currency? Everything is very simple. You can post your material and receive payment for subscriptions in the website’s cryptocurrency – Viu. There are no intermediaries or filters, like on YouTube. There is no need to give a large percentage to the site, and payments are made in cryptocurrency.
It turns out that the system pays all registered participants for their actions (subscriptions, views) and intellectual work. So far, the cryptocurrency is called promising, but its indicators are completely low:
- Course — 0.46 rub.
- Capitalization - RUB 312,016,910.
- The total supply is 1 million Viu coins.
Distinctive features of new crypts
Compared to older systems, new platforms often have many advantages, in particular:
1) Mining. Mining new coins can be much faster and easier than earning Bitcoins and other already popular tokens.
2) Reputation of the creators . Specialists who have already proven themselves to be the best take part in the development of new platforms, which increases confidence in their systems.
3) Ease of working with the platform . Working with new systems is easier and more convenient than with old ones. In addition, many developers release projects with an open API, which significantly increases the speed of platform development.
4) Low commissions . New coins often come with low transaction fees, making transfers as cheap as possible and sometimes completely free.
Of course, in terms of prevalence, new crypts cannot compete with Bitcoin , which today is already accepted by many electronic services in different countries. Bitcoins can be used to pay for real things and buy property, but the cost of the transaction is quite high, so not everyone can use it in everyday life.
