Crypto Winter 2022: How to invest in cryptocurrencies now?

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So far, 2022 has not gone according to plan for all crypto investors. Both major tokens like Bitcoin or Ethereum and up-and-coming altcoins like Solana or Avalanche have slipped in minus in recent months and there is no sign of a price increase to old heights in the near future.

Nevertheless, investors should not hang their heads now as some cryptocurrencies should now find hope. With the following assets, there is a good chance that the current Crypto Winter 2022 will eventually end up with a big plus.

1. DeFi Coin (DEFC)

If you look at the course of DeFi Coin (DEFC), you might think that the native symbol of the decentralized exchange DeFi Swap is completely unimpressed by the current crypto winter. About three months ago, the price of a DeFi coin was just over € 0.09, now we are talking about values ​​of € 0.36 – a profit of 300%.

The secret behind DEFC’s amazing success lies in the unique structure that makes DeFi Coin a special cryptocurrency. With a 10% fee charged for each token trade, digital currency developers create two benefits at the same time.

On the one hand, the high cost discourages day traders, who are mainly responsible for high volatility due to short-term trading. On the other hand, not only is the price stabilized, but the long-term DEFC holders are also rewarded with static rewards for each trade.

Buy DefiCoin

In fact, half of the 10% fee is shared among all DeFi coin holders, with the number of tokens you receive depending on the percentage of all available DEFCs that you already own. As a result, your own portfolio of DeFi coins automatically increases with each cryptocurrency trade, which can promise high returns in the long run.

The developers have also thought about the risk of inflation, since the total supply of DeFi coins must be limited so that an artificial shortage arises. Therefore, DEFC is regularly destroyed during burning, just as team members have “burned” all their tokens.

In this way, the developers emphasize that the DeFi coin is completely community-driven and decentralized. In addition to the static rewards, the upcoming cryptocurrency also comes with other benefits.

In this way, liquidity is automatically generated at each trade, which goes into different pools to be used by different exchanges. In addition, token holders can look forward to usage scenarios at DeFi Swap, and special NFTs will soon be able to trade with DEFC.

Both the bullish rate and the way DeFi Coin works support the enormous potential of the crypto token. A long-term investment can soon bear fruit here.

2. ApeCoin (APE)

Bored Ape Yacht Club is one of the most famous NFT collections in the world. The developers of Yuga Labs recently opened the doors to the gamified metaverse “The Otherside”, which combines all NFT series.

At the same time, ApeCoin (APE) came on the market – a native cryptocurrency organized decentrally by ApeCoin DAO and plays a major role in the play-to-earn meta-verse. Holders of the ERC-20 governance token can use voting to significantly influence the direction in which the APE ecosystem is to move.

It can therefore be assumed that ApeCoin’s price will increase in the long run, provided that the popular Bored Ape Yacht Club can lead its projects to great success in the future. Following the ICO in March 2022, the APE rose from € 6.60 to an incredible € 36.

Meanwhile, the price has flattened out again to a level of € 7, but the potential of ApeCoin is far from exhausted. As BAYC’s crypto token has proven, the defiant crypto winter – ApeCoin could also make this clear again in the near future.

3. Ethereum (ETH)

Yes, Ethereum is also one of the big losers in the overall crypto winter. In the last six months, the world’s second-largest cryptocurrency has suffered a price drop of more than 50%, but now Vitalik Buterin’s blockchain network appears to be ready to return to summer mode.

The major Ethereum 2.0 update was originally scheduled for completion in June 2022, but the merger is now dated to the third quarter of 2022. It will completely revolutionize the platform, which has become famous for its smart contract technology as the new beacon chain aims to steer shifted from proof-of-work algorithm to proof-of-stake.

This not only makes Ethereum much more environmentally friendly, but also more efficient and faster. Thus, the biggest problems of the ETH network could be solved quickly, which should give the ETH coin a proper boost.

Ether is still priced at € 1,850, but value increases due to the merger seem highly likely in the near future.

4. Lucky Block (LBLOCK)

Another cryptocurrency that defies Crypto Winter 2022 and could see significant increases in value in just a few days is Lucky Block Coin (LBLOCK). Over the past month, the price rose from € 0.0017 to today’s € 0.0023, a gain of more than 35%.

LBLOCK is used by the Lucky Block crypto lottery to run the big jackpot draw. With the very first lottery scheduled to take place on May 31, just days away, LBLOCK may take a leap up in the near future.

Lucky Block is based on Binance Smart Chain and wants to make online gambling more transparent and secure with smart contracts. In addition, not only the main winner, but also all other LBLOCK holders win a share of the jackpot – charitable donations are also integrated into each lottery.

Buy BNB at Lucky Block

Although Lucky Block Coin has only been on the market since the end of January 2022, the gambling token has already made its mark in the cryptocurrency scene. Due to the record-breaking increase in demand, LBLOCK will go down in history as the fastest-growing cryptocurrency ever, underscoring the coin’s extraordinary potential.

In addition, the project convinces with a clear connection to the community, which is always informed about the latest developments in the new, weekly newsletter. In addition, the gambling platform recently attracted attention with its first NFT collection, Lucky Block Platinum Rollers Club – here NFT holders can expect a daily, exclusive raffle with magnificent prizes.

To enter the long-awaited Lucky Block Lottery on May 31, you must have LBLOCK. These can be purchased directly at buy.luckyblock.com by first linking your wallet to the website.

You can then buy Binance Coin (BNB), which can then be exchanged for LBLOCK on the same platform.

Photo by Atle Mo

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