Top List of Cryptocurrencies to Invest in April 2022

Looking to invest in crypto in the spring of 2022? Bitdreams Casino has prepared an overview of the ten most promising old
and new coins to keep an eye on.

Best Crypto Investments for April 2022

If you bought $100 worth of Bitcoin in July 2010 at $0.0008 per token, yourinvestment would currently be worth over $7 billion. Forbes would include you in its annual list of the world's wealthiest people. More recently, Shiba Inu and Dogecoin gained over 10 million percent and 17,000 percent, respectively, just one year after being launched. While these ships may have sailed, plenty of equally lucrative investment opportunities are still available.

The only challenge is that there are currently over 10,000 cryptocurrencies to choose from. If you're only just getting started in the world of crypto investing, it can be overwhelming to figure out which altcoin to buy and for how long you should hold it. To help you make great choices from the onset, we'll list 10 of the most promising cryptocurrencies set to blow up in the spring of 2022.

Investing in Crypto

If you know some upcoming big coins and how to make the right trades, cryptocurrencies can form an integral part of your investment portfolio. The high volatility of these coins makes them a risky purchase, but there’s a pretty good chance of scoring hefty returns. The idea is to sift through the noise and only pick a cryptocurrency with potential for future growth. This guide will demystify cryptocurrency investment and help you figure out which crypto to buy. If you’re looking for the next cryptocurrency to explode, chances are you’ll find it here.

Crypto Trends to Follow in April

Although trading had plateaued for individual investors for some time, large investment funds are getting on board more. The resultant increase in trade volumes and investor confidence will undoubtedly fuel the markets and create opportunities for rich pickings. But as we mentioned before, you need to be in the loop to know what cryptocurrency is about to pop. So, here we'll look at some of the most promising coins for your portfolio, their unique conveniences, and expected growth.

Ethereum (ETH)

Ethereum is one of the more popular cryptocurrencies. With a market cap hovering around $500 billion, ETH is the second-most popular coin behind Bitcoin. Depending on where you're standing, this could mean Ethereum doesn't currently have much growth potential. However, the currency has many real-world applications, particularly in the NFT and DeFi markets. As such, it can still grow and also has lower chances of plunging in value. Ethereum 2.0 is set to significantly improve this crypto's scalability, making for positive investment opportunities in April of 2022.

Solana (SOL)

More than being a cryptocurrency, the Solana public blockchain drives decentralized apps (DApps), decentralized finance (DeFi), and smart contracts. Running on a unique hybrid proof-of-history and proof-of-stake platform ensures that Solana transactions are always quick and secure. Solana's launch price in 2020 was $0.77, but the cryptocurrency currently hovers above $100. This altcoin now has a market cap of just over $30 billion, which means there's still plenty of room for expansion.

Ripple (XRP)

Ripple hasn't had a meteoric rise in value, but the coin is perhaps the most well-suited to replace current financial transaction protocols. Users can use RippleNet to send international payments instantly and with near-zero fees. Proponents of Ripple often hype the crypto as a perfect replacement for SWIFT. If enough banks and financial organizations get behind the coin, there's no limit to how high the Ripple market cap will rise.

Terra (LUNA)

The Terra blockchain payment platform works with fiat-pegged stablecoins to maintain a balance between two cryptos. At the time of writing, LUNA has a $34 billion market cap. TerraUSD and other stablecoins track the value of their corresponding fiat currencies. As such, users of this platform get the best of all worlds—the use of a wide range of fiat currencies, fast, affordable payments, and the censorship-resistance of Bitcoin. LUNA was priced at $0.64 in January 2021 but is currently approaching $100.

Cardano (ADA)

Cardano rose to fame for its early adoption of Proof-of-Stake (PoS) validation. Compared to Proof-of-Work (PoW) chains that power Bitcoin and similar cryptos, PoS is greener and more scalable. Cardano also enables smart contracts, much like Ethereum. Unlike the other coins on this list, ADA is still priced around $1.00, up from the initial $0.02 price. The market cap is $33 billion, but Cardano still has more room for growth. Traders that get in now have plenty of chances to reap decent returns.

Avalanche (AVAX)

Avalanche is similar to Cardano and Ethereum in that it can create and execute smart contracts powered by its native AVAX token. A higher transaction capacity of up to 6,500 transactions per second gives this crypto a decent chance of overtaking its two rivals. Avalanche uses three blockchains instead of one, which means each chain isn't unnecessarily burdened all the time. Since its launch in 2020, Avalanche's price has risen from $4.63 to $89.84. The market cap is just above $33 billion, so you can still catch the uptrend.

Axie Infinity (AXIE)

Axie Infinity is unlike any of the other cryptocurrencies on this list. This blockchain-based game enables players to create in-game characters called Axies, then breed, raise, and trade their tokens. Axies are structured as NFTs, and you can then monetize them through the Axie Infinity Marketplace. This goes to show how blockchain technology isn’t limited to the financial world.

Curve (CRV)

Curve is a decentralized exchange that's powered by Ethereum. You can use this platform to swap stablecoins via smart contracts. Users can also stake their Curve positions to fund different enterprises and generate decent annual returns. Curve has been on a consistent uptrend since the last quarter of 2021 and promises to keep providing an excellent investment yield of above 20% in 2022. The Curve DAO recently launched NFTs, so the platform’s value long-term.

Verasity (VRA)

Axie Infinity isn't the only cryptocurrency that works outside the realm of financial processes. Verasity champions tracked video sharing, allowing creators to realize returns from their work and ad revenue. VRA uses a proof- of-value protocol and hosts a professional game streaming platform that hosts PUBG Mobile and other e-sports tournaments. Veracity is also unveiling tokenized reward and loyalty schemes with plenty of real-world applications in gaming and video publishing.

Lucky Block (LBLOCK)

Lucky Block focuses on fostering fairness and transparency in the gambling world. The crypto platform wants to create a lottery where every player has better chance of winning. It also seeks to present bankable investment opportunities. Lucky Block has had some teething challenges, which resulted in a sell-off and price decline. Be that as it may, its proponents are still confident of the basic premises behind Lucky Block. Time will tell whether or not this is a solid buy, but traders who take advantage of the current low prices could score big.

Final Thoughts

As you may have picked up throughout this article, crypto investments can yield 1,000% plus returns within a year or two. However, that's only possible when you buy the right coin at the right time. The crypto market is highly volatile, so it's equally likely to lose in a big way. Smart traders, therefore, spread their risk and buy several emerging coins. One big climber is typically enough to offset the costs of your other buys. Whether you’d like to diversify your crypto portfolio or you’re a first-time buyer, the coins we covered here will undoubtedly be a good fit for you!