Reddit Crypto – best cryptocurrencies to buy in UAE according to Reddit

Page Summary

The year 2021 was an incredible year. There have been nice performances by various cryptocurrencies. Bitcoin has even outperformed expectations. We are now in a new year, so we must look ahead. In the volatile crypto market, it is especially wise to spread your investments.

But which cryptocurrency investments will be the best for 2022? Reddit thinks these 10 cryptocurrencies will be the best crypto investments of 2022. 



The world’s number one cryptocurrency, Bitcoin, needs no announcement as an investment option. Also for 2022, it will remain the best coin to buy. Its market cap stands at over $1 trillion. If Bitcoin were a company, it would have been bigger than Meta Platforms and Tesla. Bitcoin is the first globally accepted digital currency by a huge margin. For this reason, Bitcoin will stay the number one cryptocurrency for the time being.



Ethereum (ETH) is the first digital currency that can build applications on the blockchain. Think of decentralized programs for financial purposes, NFTs, and stablecoins. Due to this added value, the adoption is enormous and Ethereum is a frontrunner within the group of blockchains with smart contracts.

Due to its popularity, scalability is sometimes problematic. As a result, transaction costs (gas fees) increase when the network is busy. Founder Vitalik Buterin is working with developers on Ethereum 2.0, which should solve this. When Ethereum 2.0 goes live, investors can expect Ethereum to increase in price.

Binance Coin


Binance is the world’s largest cryptocurrency exchange by total users and transactions. Binance coins are tokens used on the Binance platform. Traders and investors receive trading fee discounts when they hold Binance coins. This makes BNB a cryptocurrency with a use case. The amount of discount the Binance Coins give will decrease over the years. 

Binance will be buying back the coins quarterly,  increasing the value of the coins in circulation. The use case for the Binance coin is very valuable and that is why investors expect the value of the token to continue to increase. 



Tether is a new cryptocurrency that launched in 2015. The cryptocurrency was on the Bitcoin blockchain but switched to the Litecoin blockchain. The verb “to tether” means to tie up and Tether is also linked to the price of so-called fiduciary currencies, such as the US dollar, the Euro, and the Yen. 

Tether is a stablecoin, which means its value should be stable.  In Tether’s case, its value is around 1 USD. The idea is that Tether will always be able to back its digital coins with American Dollars. Tether is a good hedging option for cryptocurrency traders because of this. As long as Tether can remain a stablecoin, we expect its market cap to rise.  



Solana (SOL) is an emerging Ethereum competitor.  It can process more and faster transactions per second at lower transaction costs. This makes Solana popular among people who want to issue NFTs on a blockchain, for example. Solana also supports smart contracts, among other things.

Anatoly Yakovenko founded Solana in 2020 and the crypto is still rather new. Many investors think Solana could be way better. This makes Solana an interesting investment for this year. 



Avalanche (AVAX) is a proof of stake blockchain (like Ethereum), but a lot faster.  It can handle 4,500 transactions per second versus Ethereum’s 13. Avalanche has a collaboration with the consultancy firm Deloitte. Deloitte plans to build applications on the Avalanche blockchain that will speed up compensation for damages from natural disasters. 

It is unique for a commercial institution to use blockchain technology. Because of this, Avalanche has a real use case. Most traders and investors expect Avalanche to rise in price in 2022. 

Axie Infinity


Axie Infinity is an online game where players raise, train, trade, and breed critters called Axies. They can also own and build land, where they can let their Axie animals live. This trading of Axie animals and lands happens with AXS coins and SLP tokens. The game has an entire economy built around these coins. Online gaming is very popular and more and more people like to switch to online games. 

The market is also good for gaming because many online gamers are willing to spend money to promote the gameplay. Analysts expect the Axie Infinity coins to rise in value as more players start playing the game. The game is getting very popular in some countries, so the outlook for the crypto token in 2022 is healthy.



Samoyedcoin is the latest meme coin in a series of dog-themed cryptocurrencies.  Samoyedcoin looks a lot like DOGE and Shiba Inu and also has a dog as the logo of the token.  The token piqued the interest of Daniel Polotsky. He is the owner of CoinFlip, a Bitcoin ATM company. 

If users could deposit and withdraw Samoyedcoins with these Bitcoin ATMs, Samoyedcoin would be the first meme coin with a real use case. If Samoyedcoin then follows other dog-themed cryptocurrencies, we can expect a massive price hike.


For a long time, was still under the radar, and nobody knew about the existence of this project and token. After its huge success on Binance Launchpad, the company has attracted lots of attention. Many people now want to invest in the concept and technology behind the startup. The project originated as a fusion of two technologies that are often mentioned together. Artificial intelligence and blockchain. 

The company aims to create a hybrid system of blockchain and AI technologies. Their goal is to create the world’s first self-adaptive and self-regulated decentralized blockchain that can manage transactions itself. The digital currency of the project is FET. This is a token as runs on the Ethereum blockchain. looks very promising at the moment and it might be the case the FET tokens will increase a lot in value over the year.

USD Coin


USD Coin is getting more and more popular in the last couple of months. The demand for digitized blockchain dollars, the so-called USD stablecoins, has increased. This increasing demand for dollars is a result of financial problems in the world. Investors are avoiding risk, fearing a recession or depression, and fleeing to USD stablecoins. 

These coins provide stability, as they will always be redeemable for a dollar each. Investors can earn rewards by holding USD Coins on Coinbase by staking them. USD Coins are the most favorable stablecoins, together with Tether. 


eToro is a multi-asset platform which offers both investing in stocks and crypto assets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.


Please enter your comment!
Please enter your name here

This site is registered on as a development site.