10 Cheap Cryptocurrency to Invest in for 2022
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.
If you are looking for cheap cryptocurrency you have come to the right place – we have listed 10 to choose from. What had once been considered a fringe investment is now at the centre of the financial revolution worldwide.
While new cryptocurrency projects launch almost every month, investors are always on the lookout to buy cryptocurrencies that will surge in valuation in the future.
For this reason, we’ve created a list of 10 cheap cryptocurrency to invest in in 2022.
10 cheap cryptocurrency to invest in for 2022
1. Buy LuckyBlock(LBLOCK)
Launched on PancakeSwap on 26 March, the Lucky Block token (LBLOCK) has already delivered returns of more than 1,300% for its presale investors, while those buying on the first day of trading will have seen returns of 800%. Lucky Block listed at a price of $0.00021. This follows a successful presale in which it raised $5.7 million in a sellout fund raise. LBLOCK is currently priced at
The LuckyBlock project is working to disrupt the traditional global lottery industry. It aims to address the inefficiencies in functionality and user experience in previously overlooked sectors.
The platform will provide better odds than those available from traditional operators, give 10% of jackpots to charities and pay a dividend to all token holders, regardless of whether they have entered any of the lotteries. The team says they plan to hold daily lotteries.
Returns from the dividend are expected to be around 19% per annum on conservative estimates for adoption.
LuckyBlock implements the Binance Smart Chain to create a decentralised lottery process. Anyone can view transactions in a transparent way, creating a fair and transparent lottery system where participants have more chances of winning.
The LuckyBlock project provides each token holder with a dividend payment, calculated as a proportion of the jackpot prize pool. This happens regardless of whether the token holder has a winning ticket or not.
The project has raised $5 million in less than a month after its presale was announced. It has amassed 8000 active wallets so far due to a targeted and efficient marketing campaign.
Latest project developments
Since its launch, Lucky Block has achieved a market cap of $200 million.
LuckyBlock will release its mobile app on 21st March, where users can access the lottery platform. Token holders need to connect their wallets to the official app to take part. The app will track all dividend payments received by the token holder.
Users must use LBLOCK to buy tickets for lottery draws.
The project expects to list on the FTX and Crypto.com centralised exchanges soon.
Why choose LBLOCK?
- LBLOCK is protected against bots and whales.
- 25% presale proceeds are locked up in a smart contract for a year.
Lucky Block website: http://www.luckyblock.com
Lucky Block Telegram: https://t.me/LuckyBlockChainTG
Your capital is at risk
2. IOTA (MIOTA)
Overview: IOTA was founded in 2016, as an open-source distributed ledger designed for the Internet of Things. At the time of writing (31/01/2022), IOTA is valued at $0.7968.
Why choose $MIOTA?
- IOTA has a fast network with no transaction fees, making it very scalable.
Your capital is at risk
3. Polkadot (DOT)
Overview: Launched in 2017, Polkadot is an open-source cryptocurrency that allows for distributed computing via the blockchain. It uses a proof of stake consensus algorithm called Blind Assignment for Blockchain Extension (BABE), derived from Ouroboros.
Why Choose $DOT?
- Polkadot is more interactive in nature and allows developers to link blockchains to the Polkadot system and even create entirely new blockchains.
Your capital is at risk
4. Polygon (MATIC)
Overview: Previously known as the Matic Network, Polygon is an easy to use platform for Ethereum scaling and infrastructure development. It uses a modular and flexible framework called Polygon SDK that supports multiple applications.
Why choose $MATIC?
- Polygon reduces transaction fees on the Ethereum network while drastically increasing its speed.
Your capital is at risk
5. Enjin (ENJ)
Overview: Enjin was founded in 2009 and is an Ethereum-token-based ecosystem, serving a community of more than 20 million gamers worldwide. It allows the use of non-fungible tokens (NFTs) by individuals, businesses, and brands.
Why choose $ENJ?
- Enjin has the biggest chances for co-existing with blockchain games as it benefits from every game built on its network.
Your capital is at risk
6. Solana (SOL)
Overview: Solana is a blockchain-based project which hosts scalable and decentralized applications. It received significant buzz last year after the token surged 40,000% in value.
Why choose $SOL?
- It has faster transaction speeds and lower charges compared to others like Ethereum.
Your capital is at risk
7. Chainlink (LINK)
Overview: Chainlink can be best described as a decentralized oracle network, providing participants with secure inputs, outputs and computations. It is compatible with advanced smart contracts in any blockchain.
Why choose $LINK?
- Chainlink is well-positioned to take advantage of the popularity of Decentralised Finance in the near future.
Your capital is at risk
8. Decentralized (MANA)
Overview: Decentraland is an Ethereum-based virtual world that allows users to play, explore, interact and a host of other games and activities. Users can purchase parcels of land on which they build their own marketplaces, applications and virtual worlds.
Why choose $MANA?
- Decentraland is slated to grow due to the growing demand for investing in virtual items or land.
Your capital is at risk
9. Uniswap (UNI)
Overview: Uniswap is a reliable, decentralized exchange and automated market maker. Its native token, UNI uses smart contracts to set prices and execute trades.
Why choose $UNI?
- The Uniswap DEX is currently experiencing massive transaction volumes which are driving the price of UNI tokens up.
Your capital is at risk
10. REN (REN)
Overview: Ren is an open protocol that facilitates the movement of digital assets around a multi-chain decentralised finance ecosystem. It claims to be at least 100x faster than conventional atomic swaps.
Why choose $REN?
- REN allows users to access tokens from any blockchain without the need to wrap or unwrap tokens.
Your capital is at risk
