Article 63N4J Popular crypto to invest in 2022 | Best options for the bear market

Popular crypto to invest in 2022 | Best options for the bear market

by
Renee Johnson
from Techreport on (#63N4J)

The crypto market has been through a lot lately. Every crypto enthusiast who has been reading all the news regarding the most popular coins will tell you just how volatile this period is. However, despite having a pretty puzzling situation on the market, there are still some coins worth investing in, and this is exactly the reason why we have made this guide, to show you a couple of the most popular crypto to invest in.

If we have learned anything so far is that no matter how difficult the situation is, there is always a way out, and the crypto market always recovers sooner or later. If you wish to invest as soon as possible and you don't want to wait until the most valuable coins reach their peaks again, we have made a list of the most popular crypto to invest in!

Top 7 Popular crypto to invest in 2022

Deciding on the best crypto to invest in can be quite tricky if you are just beginning your crypto journey, but it is not easy if you have lots of experience, either. This is exactly the reason why we have made a list of the most popular cryptos chosen by thousands of investors worldwide:

  • PancakeSwap (CAKE-USD)
  • Ethereum (ETH)
  • Bitcoin

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In order to shed a little light on every single one of these coins, we will make sure to include the most important information you will need.

1. Tamadoge (TAMA) - Most popular crypto to invest in 2022

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Tamadoge is the biggest surprise this year because it has managed to raise 16 million dollars in less than two months! This amount alone is incredible, and it is the main reason why TAMA is taking the number one place on our list. The investors are jumping in with the intention of cashing in really soon because it is expected that the price of TAMA will explode the second it gets listed on the exchanges. With the coins selling pace that we can see, we can expect that to happen pretty soon.

There is a slightly different approach that Tamadoge is taking because despite being a meme coin, it actually comes with a real utility that the investors want to see this as one of the most popular crypto to invest in. Using TAMA will enable the investors to mint their pet, take good care of it, and battle with other pets once it is able to fight. The battles will bring Dogepoints to the owners, which will help the owners to be better positioned on the leaderboard. However, that is not all because every pet is an NFT, which will enable the investors to also cash in this way too. Considering that Tamadoge is a play-to-earn game, the players will also get a chance to explore Tamaverse while earning.

There is an opportunity to win 100k worth of Tamadoge, and the presale is still ongoing, so if you wish to join thousands of investors there, here is what you need to do:

Step 1 - Set Up a Crypto Wallet

Those looking to buy Tamadoge crypto must first set up a crypto wallet. Many of the best crypto wallets are free and easy to use, although we recommend using MetaMask, due to its multi-chain support.

Head to the MetaMask website, click Download', and follow the on-screen instructions to set up the wallet.

Step 2 - Purchase ETH or USDT

Tamadoge (TAMA) tokens can be purchased using either ETH or USDT. It's easy to buy Ethereum or USDT using a respected crypto exchange or broker, although you can also buy ETH through the Tamadoge presale platform using a credit or debit card.

Once you have purchased ETH or USDT, make sure to transfer your holdings into your new crypto wallet.

Step 3 - Link Wallet to Tamadoge Presale Platform

Head over to Tamadoge's website and click Buy'. On the following page, click Connect Wallet', choose your wallet provider, and follow the instructions to make the link.

Step 4 - Buy Tamadoge

Enter the amount of Tamadoge tokens you'd like to purchase (minimum 10,000) and click Convert ETH' or Convert USDT', depending on which currency you hold. A pop-up will then appear, asking you to confirm the transaction.

Step 5 - Claim Tamadoge Tokens

The final step is to claim your TAMA coins. You can do this once the presale has concluded by clicking Claim' on the Tamadoge website's homepage.

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2. Battle Infinity (IBAT)

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Battle Infinity must come right after on our list because it is an ecosystem based on Metaverse, and it offers a number of play-to-earn games that the players can choose from. The presale of IBAT got finished in 3 weeks, raising an incredible 5 million dollars, making it one of the fastest-selling coins and one of the most popular crypto to invest in. Its popularity is still very high because passionate fantasy sports players want to explore this exciting mix of the crypto market, Metaverse Crypto, NFTs, and favourite sports. IBAT is a utility token built on BSC (Binance Smart Chain). Battle Infinity consists of 6 elements that complement each other, making it one complex ecosystem that attracts numerous investors. These elements are:

  • IBAT Premier League
  • IBAT Battle swap
  • IBAT Battle market
  • IBAT Battle games
  • IBAT Battle Arena
  • IBAT Battle stake

Having all of these elements means that you can have everything you want in one place and explore the number of features that this platform has to offer. The price of IBAT today is $0.003591, and it is estimated that by the end of this year price of IBAT could hit $0.0050, making it the perfect time to invest while the price is still affordable.

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3. Lucky Block (LBLOCK)

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The Lucky Block is branded as The No.1 NFT Competitions Platform," and it is surely very popular among crypto enthusiasts, especially the ones who also appreciate NFTs. It is a complex ecosystem where investors can choose to invest in LBLOCK V1 or LBLOCK V2. Since it is announced that the Lucky Block Ethereum Bridge will become a reality on October 3rd, it will surely impact the popularity of Lucky Block even more. The bridge will enable the investors to exchange the two versions of the LBLOCK coin easier, and it is the reason why the investors can't wait for it to become live.

There is also the Platinum Rollers Club exclusive collection that consists of 10,000 NFTs. NFT holders will get an automatic entry into the exclusive competitions. This means that all the holders will become eligible for prizes each week that can range from simple ones, such as a game console, up to a true fantasy in the form of a Lamborghini.

Buy Lucky Block on Lbank

4. DeFi Coin (DEFC)

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Buying a DeFi coin during this highly volatile period can be quite profitable later on. The price is good, which makes it easy for investors to buy a large number of coins they can utilize. The price of DEFC today is $0.07239, and the fact that these coins can be staked is quite appealing to investors.

From the moment this coin appeared, its value increased by more than 450%, which shows its incredible potential for growth, and it is the reason why it is still very popular. The investors can stake DEFC coins for 30, 90, 180, or 365 days making it possible to earn from a 30% to 75% APY (annual percentage yield) rate. According to analysts, by the end of 2025, the price of DEFC could be $1.40, which means that if you want to invest, now is your chance.

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5. PancakeSwap (CAKE)

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The native coin of Pancake Swap called CAKE is surely quite popular. The reason why CAKE is still on every chart regarding the most popular coins is the fact that it is closely related to PancakeSwap, which is a fully centralized exchange. Despite the platform being launched 2-years ago, its popularity among investors grew rapidly, establishing a solid reputation that attracts new investors even more.

The price of CAKE today is $4.16, and it is expected that by the end of next year, it could reach $17. If we look at the price prediction a little bit further in the future, by the end of 2030, its price could go up to 31 dollars. Such an optimistic price rise is the reason why investing in it now would be a good decision.

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6. Ethereum (ETH) - Most popular crypto to invest in of all time

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Our list cannot go without Ethereum because, despite the dips, its popularity cannot be questioned. The price of Ether (ETH) today is $1,611.87, and there has been a 2.36% rise in the last 24 hours. The popularity of ETH is so enormous partly because Ethereum is the prime choice for developers when working on apps. From April 2016, when its price was $11, to the price it has today, that is a price increase of more than 14,000 percent. Ethereum is probably the most popular crypto to invest in of all time.

This highly volatile period is, for many investors, a good time to invest in it before it increases again. With The Merge" announced to occur pretty soon, that will mean the end of the proof of work for Ethereum and the complete transition to proof-of-stake. This Merge will decrease the energy consumption of Ethereum by 99.95%, which will make it energy friendly and increase its popularity even more.

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7. Bitcoin

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Bitcoin is always one of the most popular crypto to invest in, just like Ethereum. Ever since it appeared in 2009, it's managed to maintain the status of the most popular crypto among investors. The price of Bitcoin today is $20,215.40, and there has been a slight increase of 0.21% in the last 24 hours. Last week its price got increased even more and hit $22,000, which was the cause of concern for many investors because many analysts considered it to be a bear trap. With this price drop, we can see today that its position isn't quite stable yet.

Despite all of this being said, Bitcoin is still the top choice for many investors who are looking at long-term goals, and that is not likely to change. All the sworn Bitcoin fans believe that it could and will recover once more and are investing now with the faith that it will reach new peaks very soon.

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Conclusion

The price drops on the crypto market these days can be very confusing. However, it is surely not the end of the world because there are still lots of coins to invest in that show quite a big potential. We made sure to include all the coins that are attracting the attention of all investors worldwide. Hopefully, our list will guide you through your decision-making process easier and help you decide which way to go!

The post Popular crypto to invest in 2022 | Best options for the bear market appeared first on The Tech Report.

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