Top 10 Cryptocurrencies to Invest in 2022: The crypto market is volatile right now. Altcoins, including Bitcoin, are trading upto 90% to 95% below from their all-time high prices. Most of the retail investors are inactive during the bear market. But money invested in the right projects during bear markets has the potential to yield huge returns. In this article I will mention 10 projectors that are likely to give 10x to 20x returns in the next two to three years. I will also focus on how you manage your portfolio and how to invest in good projects.
Despite the fact that we are in a bear market, all of the coins we will discuss today are working hard on their projects. They are more concerned with developing coins than increasing their price action.
How to choose a right project to invest in bear market?
- Work Quietly / development progress
- Use Case of the Coin / token
1. Work Quietly/development progress
You must have observed several projects throughout each bear season that those who work quietly and create what they promised to develop. A critical aspect of project progress is to develop consistently on the promised product without looking at the market’s price action. Projects that aim to make long-term progress and replace themselves on a large scale tend to work quietly without checking price action in a bear market.
Matic (Polygon) is the finest illustration of the last bear market in this regard. In Matic, if people had kept onto their beliefs over a very long period, they may have profited up to 100 or 200 times as much. Because they continued to work on what they promised and survived the bear market.
Also Read: Crypto Bear market strategy
2. Use Case of the Coin / token
There are several such projects that are now developing their ideas calmly in the bear market and will provide any updates when the bull market begins. We will be able to see their actual market use case.
It is very important for us to always check the usage of the project or coin that we will invest in. If any coin has no real use case, its price growth is hampered, So before investment the purpose of that coin and why that coin is created is necessary to know that. No matter how good a project is, if the coin doesn’t have a use case, the chances of the price appreciation going down.So before selecting any coin choose carefully what is its use case.
Portfolio Planning
The bear market is the perfect time to develop your long-term portfolio. Divide the long-term portfolio in half. In which 50 percent of the coins should be completely secure project, with no danger. ETH,SOL,DOT, and FTT are a few examples of cryptocurrencies with big market caps that may easily increase our profits by 10 times.
50% — Safe coin or top Mcap coin.
20% — Risky but Safe
15% — Risky ( high Risk high reward )
15% — Cash on Hand
In today’s article, we’ll look into the 20% Category coins. Take positions in the coins you like, but be sure to diversify. If you enter in 10 coins, maybe 3–4 of them will perform fantastically, 3–4 will rise but the rest will be less, 2–3 coins may be zero or they may not perform at all.
Look at any market in the world; no one delivers such a high profit as crypto, but the risk is also the same. Whatever money you put into cryptocurrency, invest it wisely. Profit and loss are both possible here.
1. Biconomy (BICO)
Rank – 271
Market Cap -$92.96 M
Biconomy is a multichain relayer protocol that aims to improve the user onboarding and transaction experience on decentralized applications (DApps). The project’s declared goal is to make web3 products as intuitive and easy to use as web2 products. Biconomy offers an infrastructure to solve several web3 bottlenecks. This project is back by binance, coinbase, Baincapital and many other reputed VC in crypto industry.
This is a Web 3.O-related project. It has a market capitalization of roughly 93 million dollars. This coin has the potential to achieve a market capitalization of up to $1 billion. This project has the potential to generate a easy 10x profit. It could also be included among the top 100 coins in the market.It has the potential to perform well during the upcoming bull season, so keep an eye on it.
Also Read: Top Project of ZkSync Ecosystem
2. Ocean Protocol (OCEAN)
Rank – 178
Market Cap -$121 M
Ocean Protocol is a blockchain-based ecosystem that allows individuals and businesses to easily unlock the value of their data and monetize it through the use of ERC-20 based datatokens. Through Ocean Protocol, publishers can monetize their data while preserving privacy and control, whereas consumers can now access datasets that were previously unavailable or difficult to find. These datasets can be discovered on the Ocean Market, where they can be purchased and later consumed or sold.
Do not underestimate this coin. This has the potential to cause a storm in the Web 3.O trend.
Ocean’s market capitalization is about 120 million dollars. It has the potential to reach a market capitalization of $1.5 billion. From its peak, it has now dropped by 91%. It falls under the category of being on the safe side. When the bull season arrives, we can witness the ocean coin flying to the moon.
3. Moonriver (MOVR)
Rank – 316
Market Cap -$70 M
Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot. It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.
Its market capitalization is 70 million dollars. There are several opportunities. Its backer is also quite large projects. This coin has the potential to have a significant rally in the near future. The Moonriver may potentially hold the key to our good fortune. It has dropped by 97 percent from its all-time high. Moonriver’s price dropped from $500 to $11.You should keep an eye on it.
4. WAX (WAXP)
Rank – 129
Market Cap -$229 M
WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS. The custom features and the incentive mechanisms developed by WAX are intended to optimize the blockchain’s utility specifically for use in e-commerce, with the goal of encouraging voting on proposals.
According to the market capitalization, it is higher. It also has the potential to perform well in the future. When compared to the all-time high, it is currently 96% down. It has decreased from $2.7 to $0.10. Even if it achieves its all-time high of $2.7 again, it may give us a profit of nearly 20x.
Also Read: 7 Best Cryptocurrency Exchange in India
5. Zilliqa (ZIL)
Rank – 73
Market Cap -$550 M
Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.
When we look at the price of Zilliqa, we can see that it is now at $0.038035. Although its price is lower, its market capitalization is 550 million dollars. Zilliqa is applying network sharding technologies to increase network performance and reduce traffic. Currently, Zilliqa is resolving Blockchain-related issues.
6. Lossless (LSS)
Rank – 732
Market Cap -$11 M
This coin falls within our 15% category. This currency is a little risky, but it might have a significant rally in the near future.
Lossless protocol is designed to reinforce token security framework, ensuring project creators and their communities have a fail-safe against malicious exploits.
The reason for engaging in this coin is that it is working silently and has saved many projects from bankruptcy. Its market capitalization is likewise at $10 million.
If you look at the market cap, you’ll notice that it’s a small coin right now. Its market capitalization has the potential to exceed $100 million. Only time will tell whether or not one billion dollars will be reached.
Add this coin to your watchlist and enter it whenever you get the opportunity. I’ve been keeping an eye on this coin, and you can as well.
7. Travala.com (AVA)
Rank – 480
Market Cap -$35 M
Travala’s market capitalization is barely $35 million. This project has so much potential that a company worth up to 1 billion dollars might be formed in the next season.
This is a travel-related project. Tourism costs a lot of money across the world. Everyone nowadays enjoys visiting new countries, and this will continue in the future. So we can say that the travel industry is profitable.
Travala.com’s business model is also quite dynamic and will be updated in the near future. So keep your eyes on this coin. Even from the all-time high, it was 91% down. If you see a good opportunity, you should grab it.
8. Rarible (RARI)
Rank – 571
Market Cap -$24 M
Rarible is a creator-centric NFT marketplace and issuance platform that utilizes the RARI token to empower users who actively interact with the protocol.
Users on the Rarible platform can easily create non-fungible tokens (NFTs) for unique digital items like artworks, game items and more. The platform offers users a fully-featured marketplace that is filtered and sorted using different categories to create a smooth and easy user experience.
This project has a real market use case and a large market for NFTs. The probability of risk is lessened when a coin has genuine market usage. It has now dropped to 95 percent of its all-time high. Still, I believe that when the NFT boom returns, this currency will have hit its all-time high.
9. Vulcan Forged (PYR)
Vulcan Forged is a blockchain game studio and NFT marketplace. They are the makers of VulcanVerse.PYR is the native utility token that is used for: Fees for marketplace settlement,Staking in VulcanVerse land and other assets, Upgrading and sustaining game asset levels, Play-to-earn rewards
Access to our game developers and NFT dapp incubation program
It’s not a single game it’s a game studio lots of game built on it and it also build leah on blockchain for games and NFT. It has a total supply of 50 million of which 23 million is already in circulating supply. It has touched $50 in all-time-high is currently trading 91% lower than ATH. The way PYR team continues to develop even during bear markets and its potential 20x even 50x is no surprise.
10. AIOZ Network (AIOZ)
Rank – 412
Market Cap -$45 M
AIOZ Network is a Layer-1 blockchain with full Ethereum and Cosmos interoperability. Using EVM and WASM smart contracts, AIOZ swiftly deploys dApps to provide instant finality and low TX fees while leveraging a multi-chain architecture with infinite horizontal scalability.
This coin falls within our 15% category. It has a market capitalization of roughly 45 million dollars. It is doing something completely different.
Its previous all-time high was about $2.65, and it is now at $0.0699, representing a 97% decrease from the previous high. Despite the fact that the market is not in excellent shape, this initiative is performing well. Based on the current market cap, if it reaches $1 billion, we can earn in multiple x.
Perhaps you don’t see the potential in such a coin, but when such coins achieve something big, we believe in them. At that moment, the price of this coin would be too high for us to take because it would have already shown a rally. Taking a position in such coins at the moment of their creation can indeed provide large additional benefits, but there is also a risk involved.
Disclaimer
The content of this Article is Not Financial Advice. All the information is only meant for educational & informative purposes. I am not affiliated with any of the websites, crypto projects, or coins mentioned in this article. Do your own research aur kaun salt with personal financial advisor Before any investment.