FxBrokerReviews.org – Despite the numerous ups and downs in the market, cryptocurrencies have consistently shown to be excellent investments. Furthermore, saturated tokens can completely deplete your money in a single day. What methods are there for identifying cryptocurrencies that are truly worth investing in?
The top ten cryptocurrencies predicted to soar in 2023 are examined in this article. Some of these are brand-new products, while others are in a downward trend. Whether they are new or established, they are all currently undervalued. Now is the time to seize them!
1. Battle Infinity (IBAT)
Our ranking of the top cryptocurrencies to purchase in 2022 is headed by Battle Infinity. Battle Infinity presents some fantastic value propositions as the first NFT-based fantasy sporting event merged into the metaverse. You may create your fighting team and get money while showcasing your gaming prowess in the metaverse.
There are six new products available, thanks to Battle Infinity. Battle Swap is the first of them, a DEX that functions as a bank in the Battle Infinity ecosystem. You can instantly purchase IBAT tokens using Battle Swap and then swap your prizes for one of the listed currencies. The marketplace, store, and arena in-game are integrated with the DEX, making platform transactions quick and easy. On Battle Infinity, the in-game items are ranked according to rarity. You can exchange them in Battle Market, an NFT exchange where you can buy and sell items like weapons and characters that have been tokenised using BEP721 smart contracts.
Through the multiplayer gaming store IBAT Battle Games, the platform provides players access to various play-to-earn NFT games. Additionally, a Battle Arena with individual avatars exists. You can upgrade traits like hair and clothing on the IBAT Battle Market if you’re unhappy with them. The Battle Arena, a collection of P2P battle games hosted by Battle Infinity, is a part of the metaverse. For an NFT gaming platform to flourish over time, the immersive gaming experience will be made to attract traditional players. Because Battle Infinity is a Web3 platform, it has multiple revenue streams outside gaming. The platform includes battle staking, which allows you to temporarily lock up your holdings in return for incentives and other advantages.
Battle Infinity’s native token, IBAT, has a 10 billion token supply. IBAT is among the best investments this year due to its expansive ecosystem and feature-rich characteristics. The official website is presently hosting the IBAT presale. Pre-order them to get them for an absurdly low price (1 BNB = 166,666.66 IBAT).
2. Lucky Block (Lblock) – Best P2E Cryptocurrency
Lucky Block is the next cryptocurrency on our ranking of the top ones (LBlock). It is the native currency of the same-named global gaming and competitions platform, which uses blockchain technologies to offer play-to-earn prizes. Everybody wins in Lucky Block’s daily contests, and jackpot draws. Everyone who owns $LBlock has unlimited access to the jackpot.
The fastest cryptocurrency to reach a market cap of $1 billion is LBlock. Within the first 90 days of its launch, 50k+ investors were registered. The next version of LBlock will run on Ethereum, even though it was initially introduced on the BSC blockchain. Additionally, it will work with many significant CEXs, increasing the number of users. LBlock can now be purchased on PancakeSwap. It is getting ready to go live on LBank and MEXC, two of the top cryptocurrency exchanges. More listings will follow this in the upcoming months to take advantage of a sharp increase in liquidity.
Even though the internet is crowded with games of chance, very few of them are honest and profitable. They have limited long-term growth potential because of their decentralised structure. Due to Lucky Block, a large user base may now access these games on the blockchain. The new strategy gives each participant a better chance of winning by introducing transparency and fairness into the game. The effective rewards scheme further enhances its appeal. By the end of this year, investors will find the platform to be a profitable investment if it keeps growing and developing.
3. Decentraland (MANA)
We don’t need to introduce you to Decentraland if you’ve followed the cryptocurrency market for a while. The native cryptocurrency of this rapidly expanding metaverse, which gained popularity last year, is called MANA. MANA is now available for $0.798. This is much less than its peak, $5.90, reached in November 2021. We anticipate the price of MANA to maintain pace with Decentraland’s expansion and evolution due to additional collaborations and integrations.
Projects like Decentraland demonstrate how inclusive the metaverse can be. It unites individuals, organisations, and technologies to foster a dynamic metaverse that provides a glimpse into the future.
The platform for blockchain-based virtual reality has been essential in popularising the decentralised metaverse concept. It is separated into tokenised virtual land plots for an open ownership record. In the upcoming months, Decentraland will continue to increase in value as a pioneer in the Web3 metaverse. It is among the best cryptocurrencies available at the moment.
4. Polygon (MATIC)
One of the largest blockchain success stories of 2021 was written by Polygon. It entered the mainstream at a time when Ethereum users were unsure about what to do with it. The blockchain burned a hole in the wallet despite its incredible application cases. A further issue was the transactional latency. Numerous people left the Ethereum environment as a result of the stress.
Providing a decentralised Ethereum scaling platform, Polygon offered assistance. Although, at first, it appeared too good to be true, Polygon has succeeded in enabling developers to create scalable, user-friendly dApps. They offer inexpensive transaction costs without compromising security. DeFi space, one of the most well-known crypto projects, integrated Polygon for cost-efficiency, which in turn increased the price of MATIC. We anticipate a significant increase in the token’s worth when the crypto market picks itself up with more activity.
The ecosystem is also expanding quickly with projects from other industries, such as DeFi, NFTs, and the metaverse. If Ethereum 2 concentrates on solidifying its position in the market with new applications, Polygon won’t be phased away anytime soon.
5. Chainlink (LINK)
Chainlink tops our ranking of the best cryptocurrencies to purchase in 2018 regarding relevancy and innovation. It is an ongoing project that provides a decentralised oracle network enabling blockchain applications to stream reliable data. They bring off-chain data to support sophisticated, intelligent contracts on any blockchain.
The value of LINK in the upcoming months may be significantly affected by the recovery of the DeFi sector. As of this writing, LINK lists a price of USD6.04. While that is unquestionably positive, it does not adequately reflect the project’s development and expansion. This year, we anticipate the cost to remain stable.
We support Chainlink in large part because of its practical utility. This one is one of the few blockchain initiatives with the infrastructure to entice conventional users to use blockchain. Consider creating a decentralised insurance protocol for farmers as an example. To give users timely insurance, you must incorporate reliable weather and harvest data. The decentralised oracle networks offered by Chainlink can be used for this. It encourages blockchain technology developers to present new use cases for the technology.
6. Earthling (ETLG) – Top Cryptocurrency With A Social Mission
Earthling is a popular token with a compelling social objective. The Earthling Token (ETLG) will use the blockchain to raise awareness of climate change and launch counteractions. This will be accomplished through a Web3 on-chain marketplace for carbon offsets.
Through offset tokens, Earthling will assist people, families, and businesses in lowering the environmental impact of their carbon usage. It is intended to achieve carbon neutrality and restore ecosystems through decentralised efforts worldwide.
The $ETLG tokens power the Earthling ecosystem, enabling a variety of use cases and administration. It entitles you to vote in the Earthling DAO on crucial issues like allocating treasury cash. While just a few market programmes promote climate change awareness, Earthling is creating a sizable ecosystem to help with this goal. We think this has the potential to be significant.
7. Ethereum (ETH)
According to the market cap, Ethereum is the second-largest cryptocurrency in the world. It is not yet thoroughly soaked, though. It is only a matter of time before Ethereum resumes operations, thanks to a renowned team that has been steadily creating and adding value.
The Ethereum blockchain runs on ETH, which powers various dApps and use cases. It features a large ecosystem of applications, including DEXs, lending platforms, insurance protocols, games, and metaverses, and it was the first blockchain to support smart contracts. Despite the difficulties brought on by network congestion, the Ethereum ecosystem is still expanding. This has been made easier yet by the emergence of Ethereum scaling solutions.
Furthermore, the blockchain industry eagerly anticipates Ethereum’s switch to the PoS mechanism. The project has the potential to surpass Bitcoin in terms of the market valuation if it keeps moving forward, correcting its flaws, and actively promoting integrations.
8. Bitcoin (BTC)
One of the most severely affected by the current crypto meltdown is bitcoin. However, you should pay closer attention to how the asset has performed over time. As you are aware, cryptocurrencies are more than just a means of exchanging money. In actuality, they still have a great distance to travel. Their popularity can be primarily attributed to their stellar financial performance.
Our eyes were opened to the enormous potential of cryptocurrencies by the traditional markets’ declining interest rates and growing inflation. Investors varied their portfolios by including cryptocurrencies since monetary policy cannot directly affect cryptocurrencies. Naturally, Bitcoin is their top choice for passive investment in the digital world. If the cryptocurrency market recovers, several industry analysts predict that bitcoin will not only surpass its all-time high of $68,789.63 but even reach 100,000.
While high-profile initiatives with large market caps like Ethereum and Bitcoin wait for the economy to pick up, Earthling provides a novel social objective that has already won over a community. On the other hand, the play-to-earn integrations in Lucky Block are too good to pass up. But if you’re searching for the best cryptocurrency investment opportunity this year, it’s Battle Infinity. The metaverse gaming platform has the necessary components to draw in a sizable user base. Both crypto and non-crypto gamers can join thanks to the game mechanics and play-to-earn approach.
9. Litecoin (LTC)
Charlie Lee, a former software developer for cryptocurrency exchange Coinbase, invented the open-source blockchain project Litecoin (LTC), which was introduced in 2011. It was among the first digital currencies whose code was a copy of Bitcoin’s. Despite similarities to Bitcoin, it is designed to have a quicker confirmation time for transactions. It can be used as a direct payment method anywhere in the world. The term “silver to Bitcoin’s gold” is widely used to describe LTC.
The overall round-off supply of Litecoin is 84 million coins. It reached an all-time high of $413.47 in May 2021 but fell by more than 50%. The number of businesses accepting Litecoin is rising. It ranks as the 21st most prominent cryptocurrency in the world, with a per-token value of roughly $106.
10. Polkadot (DOT)
The 2016-founded Polkadot (DOT) blockchain interoperability protocol was created to link various chains. Additionally, it enables secure data exchange and transaction processing for parachains or parallel blockchains. Developers can use Polkadot security to build their blockchains.
Gavin Wood, the principal architect of Ethereum, developed Polkadot. The intriguing aspect of DOT is that there is no strict cap on the total supply. Instead, a fresh token is constantly being distributed.
The price of Polkadot peaked in May 2020 at $6.30 and reached an all-time high of $55.11 in May 2021.
Conclusion
This article on the best cryptocurrencies to buy in 2022 has described the basics of each project on the list, including the possible upside and potential hazards.
