5 Trending Cryptos to Buy for 100x Returns

The crypto market has caught some long overdue tailwinds and is experiencing a resurgence. As Bitcoin makes a comeback, several altcoins are also seeing a positive uptick in their price actions. This has spurred several investors to research the top trending cryptos to buy for maximum profitability.

We will review some of the promising crypto gems investors can add to their portfolios.

1. Lucky Block (LBLOCK) – Top Gaming Protocol with Huge Upside

LBLOCK, Lucky Block’s native token, kicks off our list of top trending cryptos to buy. Lucky Block has been dubbed one of the next cryptocurrency to explode in 2022. The platform made its official crypto appearance on January 26 and has since become a mainstay in the crypto market. Its main drive is to engender a broader scope of transparency and fairness in the crypto space.

Lucky Block provides an inclusive environment where anyone in any geographical location can play the games in its ecosystem without any financial restrictions. The platform is also out to ensure more players win lottery games than in the traditional gaming space. To ensure fairness, Lucky Block utilises Chainlink’s Verifiable Randomness (VRF) service. This way, users can be assured that the results are not in any way tampered with.

Additionally, Lucky Block token holders can tap into an investment scheme. Token sales are charged a 12% fee and a large chunk is redistributed to the LBLOCK users. Also, jackpot winnings are charged 30% and 10% is given to LBLOCK token holders, making it easy to earn interest on Lucky Block.

Lucky Block recently launched its first main draw. Ticket sales started at $5 and over 23,000 users purchased tickets on the first day. The winners of this round walked away with $1 million worth of tokens each, to be paid in instalments through the year. This has generated a lot of buzz in the crypto space and convinced more investors to buy Lucky Block and hold for the long term.

The gaming platform is launching its first series of daily draws today. Investors can participate by purchasing LBLOCK on the Lucky Block website.

At press time, LBLOCK is trading at $0.0016, up 21.37% in the past month.

Cryptoassets are a highly volatile unregulated investment product.

2. Polygon (MATIC) – Top Scaling Solution for Ethereum

Polygon is the top multi-platform scaling solution for the Ethereum network. Rebranded from Matic Network in early 2021, the layer-2 protocol has become a major player in the highly competitive crypto landscape.

Polygon bundles transactions and verifies them off-chain before re-adding them to the Ethereum network. It also boasts an impressive 65,000 transaction per second (TPS) speed making it highly scalable. But the protocol’s main point is its low-fee structure, which has remained one of the trending cryptos to buy.

Polygon has retained its lustre for investors and has broadened its scope of operations. The modular framework network has been signing up promising web3 projects through its design arm, Polygon Studios.

Additionally, several decentralised finance (DeFi) protocols are adding support for the protocol. According to a recent tweet, premier Ethereum staking platform Lido Finance has recently launched liquidity staking for the MATIC token. This is a great option for users to earn interest on MATIC. With so much potential, investors who do not buy MATIC may lose out on one of the industry’s promising crypto gems.

At press time, MATIC is trading at $0.65, down 38.2% in the past month.

Cryptoassets are a highly volatile unregulated investment product.

3. Avalanche (AVAX) – Top DeFi Protocol

Avalanche is self-billed as the fastest smart contract network based on time-to-block finality. The blockchain relies on three layers of network operations to ensure high performance.

Other intrinsic benefits include a lower fee structure and lower energy requirement. This has spurred several investors to buy Avalanche as many see it as an alternative to the Ethereum network. DeFi operations have continued to soar, and according to a recent tweet, the blockchain’s total volume locked has shot up 18.74% to 305.17 million in AVAX tokens.

Avalanche’s other fundamentals have seen Indigokids NFT select the platform as its host network.

At press time, AVAX is trading at $27.3, down 51.7% in the past month.

Cryptoassets are a highly volatile unregulated investment product.

4. Decentraland – Top Metaverse Protocol

Hosted on the Ethereum network, Decentraland is a 3D immersive blockchain that combines the unique abilities of virtual and augmented realities. The blockchain allows users to create and consume content and decentralised applications (dApps), which can be monetised

Decentraland has continued to remain the most prominent metaverse protocol and a huge source of attraction for institutional investors. Even prominent US investment banking giant, JP Morgan Chase, launched its virtual lounge on the network.

Mastercard has recently followed suit. In a tweet by the company’s CMO Raja Rajamannar, Decentraland will be working closely with Mastercard on its new events. Multiple integrations point to Decentraland’s strong investor interest, making it one of the top trending cryptos to buy for long term growth.

At press time, native token MANA is trading at $1.04, down 27.5% in the past month.

Cryptoassets are a highly volatile unregulated investment product.

5. Ethereum Naming Service (ENS) – Top Blockchain Usability Token

Our final recommendation for trending cryptos to buy for the long term is Ethereum Name Service (ENS). Based on the underlying Ethereum network, ENS is a blockchain-based usability network that allows users to send and receive crypto assets using human-readable crypto addresses. Also functioning as NFTs, ENS has taken the world by storm.

Several digital asset users and businesses now buy .eth domain names in order to tap into this flourishing ecosystem. Also, Investors buy ENS due to its growing accessibility to blockchain-based services as well as popularity. According to a recent tweet, ENS name registrations reflected 365k new .eth registrations.

At press time, ENS is trading at $12.5, down 35.4% in the past month.

Cryptoassets are a highly volatile unregulated investment product.

Conclusion

We have identified some promising projects in our roundup of the trending cryptos to buy this month. However, Lucky Block remains our top pick for an upcoming protocol with 100x return potential.

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