You're standing in the aisle at the pop-up fireworks store
wondering which package of Roman candles, bottle rockets and mortars
are going to give you the most bang for your buck.
Is it this one?
Or maybe this one?
Oh, wait, no.
It's definitely this one.
You want your new year to be epic and full of fun and excitement that carries you through January
and hopefully into the gym past March.
But you also want your crypto portfolio to have some shock and awe as well.
The economic skies may be cloudy,
but that just means picking the right tokens will let your neighbors know you're making the big gains.
Let's get it!
Welcome to BitBoy Crypto!
Home of the BitSquad
The largest and greatest crypto community in all of the Interwebs
My name is Ben.
Everyday on this channel, I show you how to make money in crypto.
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If you want to go deeper into crypto, make sure to check out bitlabacademy.com.
In this video,
we look at the data from Token Metrics and choose our top picks of 2022.
No. 1, Acala.
Polkadot is one of the largest cap coins in crypto with some of the biggest money behind it.
Its token price has seen sizable pumps in the past two years,
and its canary network, Kusama, has seen an even bigger token price jump.
With all the high and multibillion dollar market cap,
there aren't any apps to use yet.
Granted, there's a huge amount of projects in development,
but literally nothing is launched on DOT yet.
While some may think this is concerning,
others see it as an opportunity.
If fortune favors the bold like Matt Damon tells us,
then it's worth taking a look at the biggest and most polished DeFi platform on DOT,
Acala.
It's a sleeping giant ready to wake up when it completes its genesis launch.
You can see the roadmap has a little bit more to go before all tokens will be tradable on Acala,
but that's just the developers being smart.
Take a look at Phase 3.
The developers have a milestone of removing the superuser,
this is essentially the admin key,
that a lot of DeFi and dApps like Uniswap and Compound have.
The removal of the superuser key is an important step for any DeFi project
to make it truly decentralized.
Having that as a milestone is a very good sign for the project.
It's important to note that the token for Acala, ACA, isn't available to purchase yet.
With all the VC backing, amazing team and good fundamentals,
keep Acala on your watchlist to jump on in 2022.
No. 2, XRP.
It's a project that won't quit and is making crypto history.
As the supreme leader, chief strategist, cheerleader and head developer of the XRP Army,
I have made it a goal of mine to keep everyone informed of the never-ending struggle
between good and evil,
or Ripple and the SEC,
and also how Ripple has continued to innovate with XRP across the world.
The APAC region in particular has seen a huge expansion of XRP and its remittances.
And XRP continues to forge partnerships with traditional finance, energy credits,
and even NFTs via the Flare Network.
Price of XRP has been suppressed for what seems like ages.
If you were just looking at the chart,
you would think that XRP's fuse has been cut.
But nothing could be further from the truth.
If you want proof of that,
just look at all the XRP accumulation that's been happening over the past few months.
It's not an accident.
But the most telling sign that there are big things happening with XRP
is the fact that Jeb McCaleb, former Ripple CEO,
has not sold his massive XRP holdings
even though he's been legally cleared to do so since September.
McCaleb may be a scammy lizard person,
but for sure, he's not dumb.
He knows his wallet known as tacostand holds an insane amount of potential gains.
Tacostand has 821 million XRP in it waiting for the price of XRP to moon,
and when it moons,
whoa, baby!
Go baby!
No. 3, FTT.
When you look at crypto fundamentals,
there are a few key things to consider.
Is the project growing?
Are the founders doxxed?
Are there good tokenomics?
For 2022, this is going to be even more important
as regulation starts influencing the cryptoverse more and more.
That's why an exchange like FTX and its FTT token made our list of top coins for 2022.
FTX is following the same trajectory as Binance Coin,
an exchange that's rapidly growing,
making apps and forging lasting partnerships across crypto.
The founder of FTX is Sam Bankman-Fried.
He's a crypto OG.
Sam isn't just a man that's too busy to tie his shoes.
He's directly influencing crypto legislation
and lobbying for crypto and governments the world over.
FTX, if you aren't familiar, is one of the premier centralized exchanges in crypto
with over $2.43 billion in 24-hour trading volume.
The FTT token has had a breakout year.
It still has room to run if BNB is any indication of what an exchange token can do.
No. 4, Phantasma.
Decentralized ownership is the future of art, media and creativity,
and the team at Phantasma has positioned itself to be one of the leaders in the blockchain media verse.
Phantasma is a blockchain built for gaming and NFTs,
allowing for digital assets to be created on demand with low fees,
nested NFTs that carry perpetual royalties,
but also give creators more control of their work
with the option to time control the access to the content.
Want to host an exclusive event in the metaverse?
Want to send out some award season screeners of your movie but not have it pirated?
Put it on Phantasma.
The roadmap for Phantasma is well thought out and shows real progress for attainable goals.
Something that's missing from a lot of NFT projects these days.
2022 is going to be the year of content for Phantasma
where they'll be adding games and NFTs to their platform.
The governance token for Phantasma is called SOUL.
It's available on several exchanges.
Having a few of these tokens will make a lot of sense for any portfolio
that wants to be diversified into NFTs.
No. 5, Raydium.
New Year's is a dud without loud noises,
booming explosions,
and Anderson Cooper screeching like a barn owl.
(screeches)
But DeFi is supposed to be a lot cooler,
and projects like Raydium are the perfect January 2 antidote
to your January 1 mistakes.
Raydium is DeFi on Solana,
and it's far and away the chillest dApp on the SOL blockchain.
You can do all the things you want to do in DeFi on Raydium---
trade tokens, yield farm, provide liquidity and even invest in new projects
via the AcceleRaytor curated launchpad.
Raydium's AMM interacts with Serum, so that means pools have access
to all the order flows and liquidity that is on Serum as well.
This gives you more powder in your bottle rocket.
To use Raydium, you'll need an SPL wallet for the Solana blockchain.
We use Phantom, but Sollet.io is a good option too.
Empowering your finances on a DEX like Raydium is a breath of fresh air
if you're used to Uniswap.
With Solana, blockchain is a finely tuned piece of tech,
and its low fee structure makes trading a breeze.
The Raydium token has been in sideways action since it came out a few months ago.
It has all the fundamentals to make it a great play for 2022.
Thanks to Token Metrics for giving us some of their insights into 2022
that we used to make these picks.
If you want a sweet deal on Token Metrics research,
be sure to check out bitboycrypto.com/deals,
and then comment below with your favorite token for 2022.
That's all I got.
Be blessed.
BitBoy out.