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Analysts name 7 most promising new cryptocurrencies
The TOP 2022 has been compiled:
- Battle Infinity — a new cryptocurrency for participation in P2E projects
- Lucky Block — a crypto platform that offers rewards for staking tokens
- DeFi Coin — a popular protocol for new swap solutions within DeFi
- ApeCoin — the highest rating among NFT projects
- EstateX — a real estate platform offering passive income
- Baby Dogecoin — a meme-coin with high growth potential but no less high risk of scamming
- Decentraland — a popular virtual world represented by the MANA token
Let’s analyze each cryptocurrency in more detail.
1. Battle Infinity
IBAT is the original token of Battle Infinity, a series of NFT-based sports games that allows players to earn money. Players have access to different platforms, each of which provides rewards and entertainment. Participants in the game can use the Battle Marketplace to obtain character tokens and NFT assets. To buy IBAT, players must access Battle Swap, the platform’s decentralized exchange. Gamers can use the exchange to sell their rewards for other currencies.
2. Lucky Block
Players who want to receive rewards from Lucky Block can participate in weekly draws. This can be done through the Platinum Rollers NFT club by purchasing 5 tickets for $ 1 each. The platform announces a weekly winner who will win $ 50,000 in LBLOCK token format. Participants can also compete in the weekly NFT draw.
Another development that Lucky Block is working on is the sale of NFTs via fiat currency. Since it is a platform for NFT competitions, Lucky Block wants to make the NFT ecosystem convenient and accessible to everyone.
3. DeFi Coin
Decentralized finance (DeFi) is one of the main reasons for the creation of the blockchain. The idea was to allow individuals to make transactions without the involvement of a third party (such as a bank). DeFi Coin not only develops the ecosystem by developing new solutions, but also helps liquidity pool providers make money.
4. ApeCoin
Bored Apes Yacht Club (BAYC) has become one of the largest projects among NFTs. Some of them are sold for several million dollars. BAYC is based on its native token, ApeCoin. After the platform introduced its metaverse in July 2022, the price of ApeCoin increased by more than 20%.
5. EstateX
Investors who want to profit from real estate can do so through EstateX, a blockchain platform that provides partial ownership of property. Regardless of budget or location, investors can use EstateX to invest in real estate. To start investing, you need to purchase the platform’s native token, $ESX.
6. Baby Dogecoin
After Elon Musk endorsed Dogecoin, the meme-coin hype led to the launch of several meme crypto projects. In October 2021, the Shiba Inu cryptocurrency grew by more than 1000%. This dynamics has made it one of the most profitable meme coins. Recently, Baby Dogecoin has appeared among such projects. However, many believe that investors are in for a bad ending, as meme coins can drop in price by hundreds of percent in a matter of minutes.
7. MANA
This is a token of one of the largest NFT universes that allows players to receive rewards. To make a profit, game participants can buy and sell land. In doing so, they can also improve their virtual private property. By investing in their land, players increase its value and turn the game into a platform for real earnings, not just entertainment. To play and earn, gamers must own the MANA game token.