Best Cryptocurrency to Invest in 2022: Chiliz, Unus SED LEO, Eosio and Dai
Best Cryptocurrency to Invest in 2022: Read our analysis on Best Crypto to Invest In 2022
In the last 8 months, almost all cryptocurrencies have seen a rollercoaster ride. From Bitcoin and Ethereum to Dogecoin and Shiba Inu have lost more than 50% value since Jan 2022. So, now might be the best time to re-evaluate your cryptocurrency investments and buy cryptos that have performed well or will be performing well by end of 2022.
Best Cryptocurrency to Invest in 2022 on the basis of recent performance ($1 B Market Cap)
Top 4 (Best on both YTD and Last 1 Month performance)
- Unus Sed Leo
- ETC Classic
What is Chiliz and What makes it Valuable?
- Launched in 2018, Chiliz was born with the thought that blockchain technology could be used by sports fans around the world to engage with their favorite team.
- Similarly, the teams could use this cryptocurrency to monetize their global fanbase.
- With the help of Chiliz, fans can be as close as they can get to their team. They can participate in surveys and polls and help the team decide.
- For every sporting event that is held in collaboration with Chiliz. They release a limited supply of cryptos and declare details like Fully Diluted Market Cap and the Max Supply (Lifetime) beforehand.
- However, to keep fans in check, the Clubs have a pre-decided significance that will be placed on the influence the fans can have.
- Chiliz, by the end of 2021 had collaborated with around 100 teams.
UNUS SED LEO: It is the utility token of the iFinex Ecosystem. The sole purpose of launching this token was to buy it back or burn it. It was launched as a remedial measure when the government seized a sizable chunk of the company’s funds. The company decided to issue LEO to those who lost their money first and then issue more to the public. The company plans to gradually buy them back to make up for the lost money of its investors.
EOS: It is the native token of EOS.IO which is similar to any PC operating system like macOS or Windows. It is a never-ending token like many, i.e., it can be produced in an unlimited quantity. EOS has put rules in place to make judicious use of the ‘unlimited’ ability, by allowing all holders of the token to vote on any production of the token. New tokens can only be issued with the permission of their holders, however, the proportion of agreeing to disagree is not known.
- FTX Token
- Lido Dao
- Terra Classic
- Shiba Inu
- Shiba Inu
- Unus SED LEO
- Polygon Matic
- Terra Classic
Best crypto to buy now
Two Cryptocurrencies we like owing to solid performance
TRON: Market Cap $5.9 Billion
UNUS SED LEO: Market Cap $4.8 Billion
- Bitcoin: Bitcoin’s blockchain is the core element for many cryptocurrencies out there. It is the most common and probably the world’s first cryptocurrency. Having reached an all-time high of $68 K and is currently at 672% growth from the last 5 years. BTC has lost $23 Billion in market cap in the last 24 hours as of July 26, 2022, and has lost $21 Billion in market cap in the last 7 days.
- Ethereum: Much like bitcoin, it is very valuable, both as a coin and as a blockchain. Ethereum’s blockchain has a fee attached for every transaction that takes place in its blockchain and it benefits its holders. ETH has seen a 628% growth in the last 5 years and is predicted to reach $2,000 by the end of 2022. ETH has lost $19 Billion in the last 24 hours and has lost $16 Billion in the last 7 days to its market cap.
- Shiba Inu: Dependent on other major cryptocurrencies like BTC and ETH. Shiba Inu has a history and is likely to be controlled by the prices of other cryptocurrencies. So, if you wish to invest in super small amounts, Shiba Inu is the way to go. SHIB has not added billions of dollars to its market cap but is predicted to increase 6 times in the next 5 years.
- Trust Wallet Token: As the name goes, it is a wallet to keep your cryptocurrencies, but the feature that differentiates it from others is that (A) You can earn interest from the tokens or cryptocurrencies kept in your wallet, (B) You can own Bitcoins in less than 5 minutes, (C) You can exchange cryptocurrencies anonymously since you won’t be needed to fill a form for every order. The wallet is claimed to be secure with no one getting access apart from the owner. TWT is a BEP20 token that runs on the Binance Smart Chain and takes advantage of their smart contracts and dApps.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.