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The best new and upcoming crypto projects to buy into in 2022

If there is anything we learned from the crypto market in 2021 is that getting in early matters. Projects in blockchain have typically experienced explosive growth, and those who invested early tend to rip off the biggest reward. Although there are still some risks, here is are some of the reasons why buying new and upcoming crypto projects makes sense:

  • You simply get in while the price is still low and ride the upward momentum in the future if the crypto explodes.

  • Since the price is still low at the start, the overall downside risk is relatively low compared to assets that have already peaked.

  • Most new crypto projects are likely to achieve important developmental milestones in the future, something that bumps up the price.

Now, if you are looking for new and upcoming crypto projects to start investing in, we have two options here worth your attention:

Pulse Prediction Markets (PULSE)

Pulse Prediction Markets (PULSE) is an innovative DApp built on the NEAR ecosystem. The app is designed to use the power of Flux Oracle to resolve common prediction market issues and provide accessible and efficient platforms for users. The project is run by traders using the Pulse DAO where PULSE, the native governance token is used to influence administrative decisions. 

Data Source: Tradingview.com 

As one of the core projects on NEAR, Pulse is still very nascent and offers superb potential for future growth. At the time of reporting, it was trading for $0.1589, up nearly 25% in 24 hours.

Bit Hotel (BTH)

Bit Hotel (BTH) is an upcoming play to earn social blockchain game. The project is in the high potential gaming metaverse section and promises to rival other popular blockchain games like Axie Infinity. The native token BTH is the main in-game currency and can be used for governance as well. At the time of writing, BTH was trading for $0.1808.

The post The best new and upcoming crypto projects to buy into in 2022 appeared first on Coin Journal.

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Best cryptocurrencies for trading crypto derivatives

A crypto derivative is a financial product or instrument whose intrinsic value is based on the value of an underlying crypto asset. There are many crypto derivatives including futures, options, and Contracts for Difference or CFDs. Here are some important facts about these instruments:

  • Crypto derivatives are available on selected exchanges only and come with a significant degree of risk.

  • Derivatives are typically leveraged products with the potential of making rapid gains or losses within a short time.

  • Not all cryptocurrencies are available for derivatives trading, but more are expected to be in the near future.

Well, for investors who want to take advantage of leveraged derivatives in the crypto market, here are 2 assets to consider:

Bitcoin (BTC) Derivatives

As the most established crypto in the world, it was only a matter of time before trading in Bitcoin (BTC) derivatives started. In fact, exchanges like Binance have dedicated derivative products for Bitcoin including futures, options, and others. 

Data Source: Tradingview.com 

Also, Bitcoin (BTC) is supported across all the major exchanges, giving you more flexibility to trade. Many online brokers also provide leveraged Bitcoin (BTC) derivatives to global clients. It should therefore be easier to invest and besides, with the kind of liquidity you get with Bitcoin, filling orders is going to be very easy.

Ethereum (ETH) Derivatives

Ethereum (ETC) derivatives are also supported in literally all exchanges. Also, this is a coin that generally gets huge trading volume and as a such, it offers enough liquidity to trade leveraged derivatives with ease. 

Exchanges are also creating highly customised Ethereum (ETH) products that can be a bit complex for the average investor. But the key thing to remember here is that the value of the derivative will always rely heavily on the value of Ethereum (ETH) in the open market. At the time of writing, ETH was trading at $3, 812.

The post Best cryptocurrencies for trading crypto derivatives appeared first on Coin Journal.