Crypto Moonshots for 2022 - The most promising cryptocurrencies selected by the crypto community

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How the crypto world has changed since we wrote this same article one year ago!

This year the community picks are a little more diverse ranging from memecoins, play to earn games and DeFi projects. Like last year we weeded out what we considered total crap.

We also added a small section of cryptocurrencies that didn’t make the list.

Similar to last year, in order to compile this report we drew information from Crypto Twitter, our own Telegram channel and Reddit.

This review is not a recommendation to buy and you should conduct your own due diligence before buying.

Key market indicators

Before we get into this year's moonshots let’s take a look at how the market has changed over a year from a top down perspective.

2021 2022

Listed coins 6,112 16,238

Market Cap $0.815 B $2.22 T

Bitcoin $32,127 $47,024

Ethereum $774 $3,712

DeFi value locked $18.7 B $247.48 B

As you can see, 2021 was a transformative year in crypto with over 10,000 new projects joining the market and total market value of all listed coins exploding to $2.2 trillion.

Crypto Moonshots 2021

That leads us nicely to the selections the community made last year.

Whoever said, ‘Don’t follow the crowd’, would have been looking like a total fool after last year's outstanding performance.

The 28 selections were up by a massive 792% collectively. The standout performer was MATIC - https://www.coingecko.com/en/coins/polygon - which saw its market cap increase by 11,000%. Other top performers were Hedera 2k%, Kryll 1.3k% and Dent 1.8k%.

Summary of last year's performance

View table here

Launch of the Moonshot Incubator

We are all searching for the next big thing. With that in mind we are launching the Moonshot Incubator to help crypto talent develop and launch their ideas.

We are looking for advisors, mentors and founder investors who are interested in acting as a sounding board for exciting new crypto projects.

You will need to be experienced in the crypto market and willing to invest risk capital into the projects which we present to you assuming you find them enticing of course.

You will get to see investments early and have an opportunity to invest in the project prior to a listing.

If this is something you are interested in please join our Telegram channel.

If you are an entrepreneur with a great idea and maybe the crypto market is new to you and you want help to navigate your way through this minefield then email us to find out how you can join our incubator program.

Crypto Moonshots 2022

Let’s be honest it is going to take a miracle of some sorts to exceed the communities 2021 picks. We do however have the benefit of buying in at a trough in the market after many projects are down by at least 50% from their recent highs and the market is down 25% from its peak.

As we indicated earlier this list is more diversified than last year. Many of the outstanding performers from last year's list were infrastructure projects. This year most of the picks consist of memecoins, DeFi platforms and play to earn NFT games. We will reserve our judgment to the overall quality of the list, you can make that call!

It is worth saying however, there will be some winners amongst the communities list of 26 possible moonshots. Your job is to research your favorites and only invest what you can afford to lose. Remember past performance is no indicator of future performance.

With that said, here is this year's list.

View table here

Finally, here is a short list of cryptocurrencies that didn’t make the main list.

View table here

Conclusion

Last year saw the market take a new fresh look at some infrastructure projects and re-evaluate them. The quality projects like MATIC, Dent, and The Graph shone through and saw massive gains for investors.

This year it is going to be harder to make the same gains, but there are areas such as the Metaverse and play to earn NFT games that offer the chance of outsized profits. However as an investor we must be careful not to pile into the latest craze as many of the leading metaverse projects and gaming platforms have already been priced to perfection. Meaning there is limited upside for new investors. This year a better strategy may well be to sit patiently and wait for price weakness before buying into quality projects remembering to take profits when the opportunity arises.

Whatever strategy you decide to follow, we wish you a happy and successful 2022!

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Not Financial Advice

This article does not constitute financial advice or a recommendation to buy in any way. Always do your own research and never invest more than you can afford to lose. Investing in cryptocurrencies is high risk, and you could lose 100% of your investment. The article should be treated as supplementary information to add to your existing knowledge.