As of mid-2022, there are approximately 20,000 cryptocurrencies on the market. The total accumulated crypto market cap has surpassed USD 2 trillion, and trading volumes can reach over $75 billion per day. Hundreds of millions of investors all across the globe are buying crypto-assets. If you’re looking to buy altcoins to build a solid portfolio of digital assets as the world moves to a more digitized way of life, it can be difficult to find time to research the best altcoin projects, read whitepapers, and do technical analysis on altcoin charts. In this guide, you’ll see the list and review of what I consider the top altcoins to buy now.

1. I know if you are looking to buy altcoins it's very challenging to decide
which is the best one to pick. In this article, I’ll share with you the list and
review of which altcoins I consider the top ones to buy now.
Let’s get started!
Introduction
As of mid-2022, there are approximately 20,000 cryptocurrencies on the
market. The total accumulated crypto market cap has surpassed USD 2
trillion, and trading volumes can reach over $75 billion per day. Hundreds of
millions of investors all across the globe are buying crypto-assets.
If you’re looking to buy altcoins to build a solid portfolio of digital assets as
the world moves to a more digitized way of life, it can be difficult to find time
to research the best altcoin projects, read whitepapers, and do technical
analysis on altcoin charts. In this guide, you’ll see the list and review of
what I consider the top altcoins to buy now.
What are Altcoins?

2. The term “altcoin” or alternative coin, simply means any cryptocurrency
token aside from Bitcoin, but shares similarities with it like operating
through blockchain ledgers. There are approximately 20,000 altcoins on the
market right now.
Many of these altcoins share certain features with the well-known Bitcoin,
however, some of them also have their specific differences. To give you an
idea, certain altcoins utilize a distinguishable mechanism of consensus to
validate transactions or create blocks of chained data.
Many altcoins use special contracts to provide unique capabilities, such as
lowered price volatility, lotteries, and more.
Best Altcoins to Buy In May 2022
❖ Lucky Block (LBLOCK) – New crypto games and competitions
platform in 2022
❖ DeFi Coin (DEFC) – Undervalued DeFi protocol with DEX platform
❖ Cardano (ADA) – Backed by a solid proof-of-stake blockchain
platform
❖ Ethereum (ETH) – The first altcoin ever released, the second oldest
to Bitcoin
❖ Ripple (XRP) – Backed by a global digital transaction network
❖ Solana (SOL) – A relatively new, fast-growing greener alternative to
larger altcoins
❖ Binance Coin (BNB) – a utility coin based on its exchange platform,
used to buy other cryptocurrencies
❖ Litecoin (LTC) – One of the first altcoins out after bitcoin, launched in
2011.
❖ Stellar (XLM) – Blockchain network providing enterprise solutions by
connecting financial institutions for large transactions
❖ Monero (XMR) – Open source currency with emphasis on privacy
and untraceability
❖ Terra (LUNA) – Backed by a platform for stable coins, reliant on
balancing two types of altcoins.
❖ Shiba Inu - Top meme coin and one of the cheapest Altcoin to buy.

3. ❖ Uniswap - Leading DEX with a popular altcoin backing its
ecosystem. It uses an AMM – or automated market maker model.
❖ Avalance - This is a smart contract blockchain network that can scale
without sacrificing decentralization. Avalanche technology users
include governments, financial institutions, and other enterprises.
Avalanche has also been a home for NFT traders.
❖ Dogecoin - Backed with one of the most influential futures in crypto,
and the community behind it keeps on pushing as well. It has a lower
transaction fee than the top cryptocurrencies in the market– BTC,
ETH, etc.
15 Best Altcoins – Analysis
Many of the best altcoins to buy now that we review are listed at the
FCA-regulated crypto platform eToro, a social trading platform where you
can network with other investors for thoughts on the altcoin markets and
altcoin prices, even those that aren’t yet available to buy on the platform.
Let’s get started below to analyze those 15 altcoins:-
1. Lucky Block (LBLOCK)

4. Lucky Block is a decentralized token operating through the Binance Smart
Chain, envisioning a global gaming platform that utilizes blockchain
protocols. It was the fastest BSC cryptocurrency ever to reach a market
cap of USD 1 billion, raised a record-breaking 6 million dollars in a month’s
presale, built a solid 40,000 plus investors during its first month of operation
alone, and is led by a team of experienced professionals.
Lucky Block, which aims to transform the iGaming business, is our top
choice for new cryptocurrencies. Its gaming platform leverages blockchain
technology to improve clarity, reduce draw times, and increase the odds of
winning for each individual.
A share of jackpots is given to LBLOCK token holders, and its NFT holders,
as an incentive for holding them. In addition, the liquidity of LBLOCK
declines with time due to the coin’s built-in “burn rate,” which organically
raises its monetary value. Lucky Block tokens are available to buy on
PancakeSwap after a successful presale that sold out early, and traders
may join their Telegram channel to stay updated and follow the project’s
growth and developments.
Lucky Block today is priced at USD 0.0015. Its launch price was $0.00015
at the presale. LBLOCK’s ATH (all-time high) was approximately USD
0.097 and it has a trading volume of around USD 1.05 million per day.
The first Lucky Block prize draw is scheduled for mid-May and its market
cap may rise in the run-up to demonstrate its use case. To celebrate the
launch one NFT holder will also win $1 million. Alongside being one of the
best altcoins to buy, with its collection of 10,000 NFTs, the Platinum Rollers
Club also comes with the chance to earn.
2. DeFi Coin (DEFC)

5. We noted in our crypto news feed that DeFi Coin (DEFC) recently pumped
175% in 24 hours, in early May 2022.
We first covered DEFC in early 2021 during its presale round for $0.10. It
then launched at $0.20 on Pancakeswap and rose to $4, returning a 40x
ROI for presale investors and 20x for day one buyers. That spike to its
all-time high took place the day it was listed on Bitmart.
Since then it retraced 98.5% to around $0.05, before bouncing in May
2022, a year later.
Based on that long extended correction, selling pressure should be low,
making DEFC potentially one of the best altcoins to buy now.
According to the DeFi Coins site, they have completed part of their
roadmap – the launch of their decentralized exchange (DEX) for crypto
swaps – version 3 of DeFi Swap. DEFC will be the governance token of
that DEX, similar to UNI on Uniswap, or SUSHI on Sushiswap – at one
point in 2021, those were the best altcoins to buy as they outperformed that
market.
It remains to be seen whether DEFC will replicate its success however
based on DEFC correcting back to presale levels and then bouncing, it

6. could be a low-risk entry point at the current price. A retest of the ATH from
here would be a 17x gain.
The total value locked (TVL) in DeFi projects has increased to $239 billion
in 2022. Layer-2 projects are beginning to take part in Ethereum’s market
share and dominance over DeFi.
3. Cardano (ADA)
This proof-of-stake blockchain platform aims to empower “changemakers,
innovators, and visionaries” to have a beneficial impact on the world,
according to Cardano’s website. By “redistributing power from
unaccountable systems to the fringes to people,” the open-source initiative
is also working toward making society safer, more transparent, and
equitable.
Gerolamo Cardano, a 16th-century Italian polymath, was the inspiration for
the name Cardano, which was formed in 2017. It is said that Ada Lovelace,
a 19th-century mathematician generally recognized as the world’s first
computer programmer, is the inspiration for the native ADA token. Owners
of ADA tokens will be able to take part in the network’s functioning thanks
to the token’s architecture. As a result, users who own the cryptocurrency
can vote on any modifications to the program that may be suggested.

7. Decentralized applications and smart contracts can be built with modularity
thanks to the layered blockchain’s technology, according to the team
behind it.
Charles Hoskinson revealed the Alonzo hard fork in August of 2021,
leading Cardano’s price to soar by 116% the following month after the
announcement. Alonzo, the first hard fork of the Cardano blockchain, will
be live on September 12, 2021. The first 24 hours after the launch saw the
deployment of over 100 smart contracts.
Other Cardano-based applications provide for the secure storage of
educational credentials as well as the detection of counterfeit goods by
shops and agricultural enterprises alike.
4. Ethereum (ETH)
Open-source blockchain platform Ethereum has its native currency, Ether.
Many additional cryptocurrencies and decentralized smart contracts can be
run on the Ethereum platform.
Vitalik Buterin published a whitepaper outlining the concept of Ethereum in
2013. In the summer of 2014, Buterin and his co-founders raised money for
the project via an online public crowd sale. Bitcoin raised $18.3 million and
Ethereum’s ICO price was $0.311, with more than 60 million Ether sold by
the project team.

8. With the current price of Ethereum, your annualized return on investment
(ROI) is over 270 percent, effectively quadrupling your investment every
year since the summer of 2014.
After months of testing and development, the Ethereum Foundation on July
30, 2015, formally published the blockchain under the codename “Frontier.”
Several network upgrades have occurred since then: “Constantinople” on
February 28, 2019, “Istanbul” on December 8, 2019, “Muir Glacier” on
January 2, 2020, “Berlin” on April 14, 2021, and most recently “London” on
August 5, 2021.
With the stated objective of becoming a global decentralized application
platform, Ethereum aims to enable programmers worldwide to create and
operate software that is resistant to censorship, downtime, and fraud in
whatever way they see fit.
5. Ripple (XRP)
A cryptocurrency payment system developed by Ripple Labs Inc., XRP is
the system’s native currency. To compete with the banking sector, Ripple
has created a “digital asset intended for global payments” called XRP. XRP
might be of interest to both individual consumers and banks because of its
cheap transaction fees. In addition to its ultra-low transaction fees, Ripple
also boasts a transaction completion time of under five seconds.

9. Chris Larsen and Jed McCaleb started the startup in 2012, based on Ryan
Fugger’s work on the XRP Ledger. XRP Ledger is a peer-to-peer
network-based open-source cryptographic ledger. In the end, McCaleb
departed Ripple and developed Stellar a payment-focused cryptocurrency.
As a result of the company’s name change to Ripple from OpenCoin,
Ripple has established strategic alliances with major financial institutions
such as Bank of America, Santander, and Standard Chartered. As a result
of Ripple’s failure to comply with the Bank Secrecy Acts, the company was
declared unregistered securities by US regulators very quickly. As of the
beginning of 2022, this litigation has yet to be settled. The corporation has
also been accused of deceptive advertising in its early days.
6. Solana (SOL)
The permissionless aspect of blockchain technology is used by the
open-source Solana project to deliver decentralized financial (DeFi)
solutions. As of March 2020, the Solana Foundation with its headquarters
in Geneva, Switzerland, has formally begun the project.
Decentralized applications (DApps) may be built using the Solana protocol.
Staking and the underlying proof-of-history (PoH) consensus of the
blockchain are coupled to increase scalability.

10. Small-time traders and institutions alike are interested in Solana’s novel
hybrid consensus strategy. The Solana Foundation is particularly interested
in expanding the reach of decentralized finance.
The current Solana price is USD 114.49 with a trading volume of USD
2,968,665,857 in the last 24 hours. In real-time, we convert our SOL to the
USD price. The price of Solana has dropped by 0.20 percent during the
past day. There is a live market capitalization of USD 37,221,287,633 on
CoinMarketCap at this time. 325,110,998 SOL coins are in circulation, but
the maximum supply is unavailable.
7. Binance Coin (BNB)
Binance was launched in July 2017 and is now the world’s largest
cryptocurrency exchange in terms of the trading volume. It is Binance’s
goal to put cryptocurrency exchanges at the center of global financial
activity. The word “Binance” refers to a new financial paradigm known as
“Binary Finance,” or simply “Binance.”
In addition to becoming the world’s biggest cryptocurrency exchange,
Binance has created a whole ecosystem of features for its customers.
Among the Binance network’s many projects is a chain of
blockchain-powered projects called Binance Chain, which comprises the
Binance Smart Chain, Binance Academy, Trust Wallet, and Research

11. initiatives. Many Binance sub-projects rely heavily on BNB for their
success.
Binance is a decentralized, blockchain-based network environment unlike
any other. As a top cryptocurrency exchange in many countries, the
company’s side organizations are also drawing attention.
Binance’s relentless pursuit of innovation is one of its most significant
competitive advantages. While Binance began as a cryptocurrency
exchange in 2017, the firm has now expanded its services to include a wide
range of various industries. According to the business website, there’s a
stated goal of being an infrastructure service provider for all blockchains.
Increased investor interest in BNB has been a side effect of the exchange’s
debut of the coin. Beginning in 2021, BNB’s price increased significantly,
putting it on the radar of business investors.
8. Litecoin (LTC)
The current Litecoin price is USD 131.51, with a trading volume of USD
930,079,840 in the last 24 hours. The LTC to the USD exchange rate is
updated in real-time on our site…. The value of Litecoin has risen by 0.21%
in the last 24 hours. CoinMarketCap’s current position is No. 21, with a
current market capitalization of $9,199,867,922. One LTC currency is worth
$0.01 and there are a total of 84,000,000 LTC coins available.

12. To deliver safe, rapid, and low-cost transactions, Litecoin (LTC) was
created to make use of the unique qualities of blockchain technology.
Bitcoin (BTC) protocol was employed in the creation of the cryptocurrency;
however, the hashing algorithm, hard cap, block transaction timeframes,
and a few other aspects have been modified. Microtransactions and
point-of-sale payments are well-suited to Litecoin, thanks to its fast block
time and cheap transaction costs.
It was published on October 7, 2011, through an open-source client on
GitHub, and the Litecoin Network went online on October 13, 2011. Since
then, its use and acceptance by merchants have grown exponentially, and
it has consistently ranked in the top 10 cryptocurrencies in terms of market
valuation.
A former Google engineer named Charlie Lee designed Litecoin as a “lite
version of Bitcoin” since it has many of the same attributes as Bitcoin, but it
is less in weight. Litecoin is a decentralized digital currency.
9. Stellar (XLM)
Stellar is a decentralized open network that facilitates the transfer and
storage of digital currency. Initially, one of its aims was to assist the
unbanked throughout the globe to become more financially included, but as
time went on, the focus turned to enabling financial institutions to
communicate with one another via blockchain technology.

13. By using lumens as a bridge to transfer assets across borders, the network
makes it more affordable to do so. All of this is meant to put pressure on
current payment providers, who often demand exorbitant rates for
essentially the same service.
If this seems familiar, keep in mind that Stellar was initially built on the
Ripple Labs protocol. A hard fork resulted in the creation of the blockchain,
and the code was then modified.
Many people are put off by the cost of tuition. However, transaction fees on
the Bitcoin and Ethereum blockchains have been known to skyrocket due
to congestion, and this isn’t limited to fiat-based payment systems like
PayPal.
Every transaction on Stellar costs only 0.00001 XLM. Due to the low price
of this cryptocurrency, consumers can retain a larger portion of their money.
Few blockchain startups have been able to establish collaborations with
major technological and financial institutions. As part of a partnership with
IBM a few years back, Stellar and IBM launched World Wire, a project that
enabled big financial institutions to submit transactions to the Stellar
network and trade using bridge assets like stablecoins.
In contrast to other blockchains, Stellar enables its users to vote on which
projects should get community cash.
10. Monero (MXR)

14. Anonymity and privacy are the primary goals of Monero, a cryptocurrency
that was established in 2014. Many people assume that BTC may hide a
person’s identity, however, this is not always the case since blockchains are
open and accessible. MXR, on the other hand, uses powerful encryption to
conceal both the sender and the receiver of messages.
As stated by the creators of Monero, privacy and security are the most
important considerations, followed closely by usability and efficiency. Its
goal is to safeguard everyone, regardless of their level of technical
proficiency.
To make it easier for people to pay for goods and services without fear of
censorship, MXR was created.
Monero stands apart for several reasons. To achieve maximum
decentralization, a user does not have to put their faith in anybody else on
the network, which is a major goal of the project.
A few distinguishing characteristics are all that are needed to ensure
privacy. MXR is fungible, unlike Bitcoin, which has a unique serial number
for each coin in circulation. In contrast to competing privacy currencies like
Zcash, which are “selectively transparent,” Monero by default hides
information about the sender, receiver, and amount of crypto being sent.
11. Terra (Luna)

15. Blockchain technology Terra employs stablecoins based on fiat currencies
to provide price-stable worldwide payment networks. With Terra, you have
the stability of fiat currencies with the censorship-resistant features of
Bitcoin (BTC) and rapid, low-cost payments, according to its white paper.
After a year of development, Terra’s manner became life in April 2019.
Stablecoins tied to the US dollar, South Korean won, Mongolian tugrik, and
the International Monetary Fund’s Special Drawing Rights basket of
currencies will be available as of September 2021, and further alternatives
are expected to be added.
The protocol’s stable coins are pegged to Terra’s native token, LUNA.
LUNA token holders may also propose and vote on governance ideas,
making it a governance token.
Stablecoins, Terra claims, can combine the advantages of cryptocurrencies
with the day-to-day price stability of fiat currencies, making it a unique
currency. An algorithm that automatically changes stablecoin supply
according to demand maintains it pegged at one-to-one. Stablecoin supply
may be increased or decreased by enticing holders of LUNA to trade their
stable coins at advantageous exchange rates.
With a focus on the Asia-Pacific area, Terra has formed several
agreements with payment systems. Purchases made on e-commerce
platforms via Chai’s mobile payments app will be handled over Terra’s

16. blockchain network, as Terra announced a collaboration with the company
in July 2019. The merchant is paid a fee of between 2% and 3% for each
transaction.
Decentraland (CCC: MANA-USD), Flux (CCC: FLUX-USD), Ripple (CCC:
XRP-USD), & Polygon (CCC: MATIC-USD), are four of the fastest growing
crypto currencies across 2022.
12. Shiba Inu
Shiba Inu was designed as a parody cryptocurrency, with the project also
being tied to the same-named dog breed. When you consider how quickly
this altcoin has developed since starting in mid-2020, the price
performance of this top meme coin is everything from a joke.
There are two reasons why this finest shitcoin may be one of the top
altcoins to invest in 2022. To begin with, the value of Shiba Inu has been
corrected by over 80%, implying that if you enter the market today, you will
receive a significant discount. Second, Shiba Inu is one of the most
affordable altcoins out there to purchase.
13. Uniswap

17. Uniswap is another great altcoin to invest in 2022. Uniswap was one of the
first exchanges to explore the notion of decentralized trading, having
launched in 2018.
To generate sufficient levels of liquidity, Uniswap does not rely on traditional
bid/ask order books to maintain a safe and fair trading environment.
Uniswap, on the other hand, employs an AMM – or automated market
maker – model. The AMM model calculates altcoin values using a number
of variables, including demand, volume, and market capitalization. Uniswap
not only provides decentralized trading services, but it also allows you to
make a return on your idle altcoins.
14. Avalanche (AVA)

18. Avalanche is a popular smart-contracts platform that is achieving quick
adoption. Avalanche technology users include governments, financial
institutions, and other enterprises. Avalanche has also been a home for
NFT traders.
According to data from CryptoSlam, an NFT data aggregator, Avalanche is
the fourth-most-used blockchain platform, raking in more than $1 billion in
sales in a 24-hour period.
While relatively new, Avalanche is one of the most traded altcoins, with a
$21 billion market cap. Its current price is about $77, and it is up almost
200% in the past year.
15. Dogecoin (DOGE)
Dogecoin was created in 2013 as a joke based on a meme of a Shiba Inu
dog. Tesla Inc. (TSLA) CEO Elon Musk showed support for DOGE through
various tweets, which quickly contributed to the cryptocurrency’s popularity.
Recently, when Musk revealed his 9.2% stake in Twitter Inc. (TWTR), the
price of DOGE jumped 10%, which shows the billionaire’s influence on this
altcoin. So this is no longer just a fun cryptocurrency. Dogecoin is among
the most widely traded altcoins, with a market cap of more than $18 billion.
Dogecoin supporters view the crypto as a currency of the people. The
Dogecoin Foundation is a not-for-profit organization that was created to

19. develop and advocate cryptocurrency. Among its advisors is Ethereum
creator Vitalik Buterin.
Why Buy Altcoins?
If you’re going to invest in crypto, and you have the time to do your
homework, you should think about investing in altcoins. While Bitcoin is
generally used as a store of wealth, certain altcoins have a wider range of
applications than Bitcoin does. When it comes to cryptocurrencies, altcoins
might experience a higher price rise if they catch on.
Investing in cryptocurrencies comes with several drawbacks. Investing in
cryptocurrencies might be difficult since there are so many to choose from.
Altcoins are riskier, and many of the lesser altcoins are either questionable
investments or frauds.
To sum it up, if you’re a cryptocurrency trader who prefers to do research,
you should look at altcoins. Cryptocurrency stocks are a better option if
you’re searching for a lower-risk or less time-consuming investment. It’s
important to keep in mind that taking on too much risk isn’t encouraged, so
even if you decide to purchase alternative cryptocurrencies, they should
only make up a tiny portion of your portfolio.
Risks of Buying Altcoins
Even though they might seem harmless, altcoins do have a couple of
downsides to them as well, especially in terms of risk.
The investment market for altcoins is much smaller than that for Bitcoin,
meaning they’re going to be much less stable. A study that took place in
2021 stated that Bitcoin takes up around 42% of the whole crypto trading
market. It is because of the lack of regulation and clear investing
requirements that the altcoin market has low liquidity.
As a consequence, compared to Bitcoin, the price of these
cryptocurrencies is more volatile. Altcoins and their use cases are not
always simple to differentiate, making investment choices even more
complicated.

20. We’ve also seen loads of Altcoins which were killed out due to them not
holding their initial success. “Dead” cryptocurrencies have been known to
sink investor funds, and the more Altcoins come out, the more common it’s
going to be for these coins to die out.
How Much Should You Invest in Altcoins
If you want to invest in Altcoins, you need to bear in mind that it takes good
knowledge to understand how the market works. It’s also important to keep
a close eye on your assets due to the high volatility. When it comes to how
much to invest in these kinds of assets, it all depends on how much money
you can dispose of. The best mentality to go at altcoins with is that where
the money you invest is not a necessity for you to live, and it’s good to
place it into your portfolio with the thought that you’re going to lose it all.
Not that, likely, anyone could lose everything in an altcoin portfolio,
however, it would not be a smart choice to put “necessity money” in these
cryptocurrencies, since they can be surprisingly volatile. If you have an
investment savings portfolio, it would be smart to split it in half between
bitcoin and other altcoins, since bitcoin is a lot more stable, and can give
you a vague idea of any patterns which other cryptocurrencies on the
market can take after.
How To Find Promising Altcoins?
Finding the right altcoins to invest in can be tough. Best way to determine
the safety, legitimacy, and future of an altcoin is through online reviews, as
well as reading their whitepapers, observing their market patterns, and
looking deep into individual projects that have more than just a
cryptocurrency to trade in their minds.

21. CONCLUSION
Before investing in any altcoin, you are encouraged to conduct your own
thorough research. Make sure to only invest in altcoins that you believe
have a decent chance of mooning.
Remember, cryptocurrency is a digital asset that is not regulated and is not
a legal tender. Your capital is subject to risk!. Therefore, please get
independent financial advice from your advisor.
Please conduct your own due diligence and take all required actions to
ensure that any information and content given is accurate, current, and
validated.
If you are looking to start trading cryptocurrency, consider these
cryptocurrency exchange platforms.