Even after a rather turbulent 2021 and early 2022, the crypto sector is showing rapid signs of recovery. The cryptocurrency market was worth more than $3 trillion in November 2021, a 100% increase from the value in 2020. By January 2022, it was down to $1.5 trillion, but as of April 2022, it has surpassed $2 trillion again. Those are some good news for crypto investors and a clear sign that they have weathered a storm.
The latest gains in the crypto market have spurred another wave of investments and people are actively looking for new coins to invest in. Determining which of them offers the best ROI is not an easy task, though. The market is still fairly volatile and even the slightest change can trigger a run, with unpredictable consequences.
To best answer which 5 new coins to invest in in 2022, we have examined several of them listed on PancakeSwap. When it comes to crypto trading, PancakeSwap is one of the best-automated market makers (AMM) around. It offers a wide selection of coins and tokens while providing low transaction fees to its users.
Apart from that, PancakeSwap offers many advanced features, while still being accessible to new users. Thanks to its intuitive user interface, even people with no experience in crypto trading will be able to use it easily.
>>>Find Best Cryptos on PancakeSwap Now<<<
Cryptocurrency markets are highly volatile and your investments are at risk.
One of the most innovative features found on PancakeSwap is farming. Just like staking, it allows users to earn money from their inactive assets. However, compared to staking, PancakeSwap framing doesn't increase the cost of transactions. Based on Binance Smart Chain (BNC), it is a decentralized platform that provides users with the highest yields possible. In return for farming their digital assets, users receive Cake, PancakeSwap's native token, which can be exchanged for any other coin. All you need is a BSC-compatible wallet and some tokens on PancakeSwap and you are ready to go.
>>>Find Best Cryptos on PancakeSwap Now<<<
Cryptocurrency markets are highly volatile and your investments are at risk.
As we mentioned before, the volatility of the crypto market makes it hard to pinpoint the best news coins on PancakeSwap for April 2022. Despite that, we have managed to narrow down our choices to 5 new cryptocurrencies we believe will have an excellent run in the near future. For each of them, we have provided a short review, so you can easily assess our reasoning.
1. Lucky Block (LBLOCK) – Overall Best New Coin on PancakeSwap for April 2022
2. BUSD – The Best Coin for PancaceSwap Farming
3. Ethereum (ETH) – The Most Stable Coin
4. Cake (CAKE) – Native Token of the PancakeSwap Exchange
5. Shiba Inu (SHIB) – The Best New Meme Token on PancakeSwap
One of the most interesting crypto projects that appeared in 2022, Lucky Block is designed with a rather ambitious goal in mind. It aims to completely change the current global lottery market and offers users a completely new way of participating in lottery games. For those not familiar with the lottery industry, it may not seem like much, but this is one of the most lucrative sectors on the planet, worth several billions of dollars annually. Even if Lucky Block carves a small slice of that pie, it could easily mean hundreds of millions of dollars in revenue.
>>>Find Lucky Block on PancakeSwap Now<<<
Cryptocurrency markets are highly volatile and your investments are at risk.
Lucky Block offers a very elegant solution to the age-old problem of organized lotteries. By letting their proprietary blockchain algorithm select the winning numbers, it completely eliminates humans from the process, eliminating chances for corruption and wrong-doings to almost zero. It is a safe, transparent, and secure way of organizing the lottery, and it will be easily accessible across the globe. The growth potential is amazing and that is why we ranked Lucky Block at the top of the list of best new coins to invest in on PancakeSwap for April 2022.
BUSD is one of the first stablecoins that appeared on the crypto market. A stablecoin is a cryptocurrency whose value is tied to a fiat currency, in this case, the US dollar. It is registered with and regulated by the New York State Department of Financial Services (NYDFS). Each month, the BUSD Monthly Audit is performed and published, ensuring the investors that there are enough US dollar reserves set aside to cover each BUSD. The coin is issued on ERC-20 standard, but it also supports BEP-2.
Due to its nature, BUSD is often described as digital fiat currency. Its purpose is to increase the stability of the US dollar and provide an easy way to swap between fiat and cryptocurrencies. Its stability makes it predictable and as such an ideal investment for people preferring low risks, especially on a market as volatile as crypto is. It is also a preferred coin for staking and farming, bringing a handy revenue to its holders.
BUSD had an exceptionally good year in 2021, increasing its market cap from $1 billion to almost $15 billion by the end of the year. By market cap metric, it has become the third-largest stablecoin.
>>>Find Best Cryptos on PancakeSwap Now<<<
Cryptocurrency markets are highly volatile and your investments are at risk.
Second, only to Bitcoin in terms of market cap, Ethereum was long ago presented as the most credible alternative to Satoshi Nakamoto's creation. Based on blockchain technology, Ethereum as a platform offers many advanced features and tools Bitcoin lacks, and as such has become a crypto network of choice for enterprises.
Any application that can benefit from blockchain technology can be built and distributed on the Ethereum network. All financial transactions that stem from it will be conducted in ETH currency, creating a massive system that can sustain itself.
At the moment, ETH is trading at $2,641, with a market cap of more than $316 billion. The trading volume for the last 24 hours was $13.6 billion.
>>>Find Best Cryptos on PancakeSwap Now<<<
Cryptocurrency markets are highly volatile and your investments are at risk.
A complex network like PancakeSwap needs a native token to function properly. Keeping with the naming convention, the creators have named their token Cake. It serves as an intermediary in all swaps and transactions, as well as currency in which staking and farming gains are calculated and paid out. Being a native token, it features much lower transaction fees, as it serves as the main currency for liquidity pools maintaining the stability of the exchange.
>>>Find Best Cryptos on PancakeSwap Now<<<
Cryptocurrency markets are highly volatile and your investments are at risk.
Not much is known about the funders (or a founder) of the Shiba Inu coin, except their name. They go by Ryoshi and have stated that their coin is designed to be the Dogecoin killer. They actually came close to their aim in 2021, when Shiba Inu's market cap surpassed Dogecoin's. but the success was short-lived.
Shiba Inu's name and visual identity came from the famous Japanese dog breed, best known for its loyalty. Since its initial success in 2021, SHIB has fallen off sharply, but some signs say that the coin is ready to make a huge comeback in 2022.
>>>Find Best Cryptos on PancakeSwap Now<<<
Cryptocurrency markets are highly volatile and your investments are at risk.
Once you have decided which is the best new coin on PancakeSwap for April 2022, the only thing left is to buy some. To help you do that, we have created this concise guide. To make things even easier, we have used Lucky Block as our example.
>>>Find Lucky Block on PancakeSwap Now<<<
Cryptocurrency markets are highly volatile and your investments are at risk.
Trust Wallet is a simple and elegant online wallet that offers more than enough features for new users. You can download it from either Apple Store or Play Store, as it supports both Android and iOS devices. Once you have downloaded and installed it, move on to the next step.
To start trading on PancakeSwap, you will need to have some BNB. It is an entry currency for the exchange since it is also based on Binance Smart Chain. Transfer it to your wallet
Now you have to connect your Trust Wallet to PancakeSwap. Locate the "DApps" (Decentralized Apps) button at the bottom of the screen and press it. From the drop-down menu select PancakeSwap and on the new screen press "Connect". Confirm your choice and you are now ready to start trading.
On PancakeSwap main screen, locate the search field and type Lucky Block in it. On the first item on the list select trade from the drop-down menu. Decide how many BNB you want to spend on your trade and type it. Click the "Swap" button and your trade will be executed.
Back on Trust Wallet, select the "Add Custom Coin" option and paste the Lucky Block contract address in the corresponding field. After a while, your wallet will be credited with the Lucky Block you have just bought.
>>>Find Lucky Block on PancakeSwap Now<<<
Cryptocurrency markets are highly volatile and your investments are at risk.
As one of the most promising projects we have seen in a long time, Lucky Block remains our top choice among the new coins on PancakeSwap for April 2022.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.