Reddit is a popular forum where many investors and traders gather to get the latest tips about the best cryptos to invest in. After browsing the subreddit, we found the best crypto on Reddit:

Top 8 Best Cryptos on Reddit to Invest in 2022

1. Battle Infinity – reddit. Overall Best Crypto
2. lucky block – Popular competition platform
3. defi coin – Best coin in DeFi ecosystem
4. Bitcoin – Most popular cryptocurrencies
5. XRP – Coin offering faster transactions and lower fees
6. Ethereum – Second largest coin by market capitalization
7. Shiba Inu – popular meme coin
8. Avalanche – Best Scalability Coin

Take a Look at the 8 Best Crypto Right Now on iinvest on Reddit

Now that we’ve identified the 8 best cryptos on Reddit, let’s learn more about each and what makes them a good investment:

1. Battle Infinity – Overall Best Crypto on Reddit

Battle Infinity is an NFT-based fantasy sports game that features six platforms. Players form teams in this play-to-earn game that requires players to purchase NFT passes to enter leagues and matches in the IBAT Premier League. The Battle Marketplace tokenizes characters and assets to give them an NFT value, which players can trade on Battle Swap for other currencies and buy native tokens.

One of the benefits of owning IBAT tokens is that players can choose from three different ways to stake the coin to earn rewards. IBAT is used to process transaction fees, 50% of which goes to the staking pool. The most active players are rewarded IBAT from the staking pool.

With IBAT, players can enter battle games, giving them access to multiple games. The Battle Arena is the interactive part of this Metaverse game as players can explore the virtual arenas while interacting with the players in real time. Players can access their own personal avatars, which they can wear and change hairstyles for, with NFTs sourced from the Battle Marketplace.

Players can use IBAT to monetize land and place advertisements on billboards within the ecosystem. There is no need to worry about the security of this platform as the developers have ensured that it is tamper-proof. Coin Sniper has done Know Your Customer (KYC) regulation checks to ensure customer satisfaction and Solid Proof has audited this smart contract network.

The pre-sale of IBAT started on July 11, 2022 and will run till October 10, 2022. An IBAT costs $0.0015, and pre-sale buyers enjoy a discount. So they get premium right off the bat.

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2. Lucky Block – Popular Competition Platform

LBLOCK is the native token of a competition platform called Lucky Block. The platform has evolved into an international NFT competition platform, which enables players to access Platinum Rollers Club NFT.

It is at the Platinum Rollers Club that players enter the prize draw after purchasing a ticket for $1. Players must purchase at least 5 tickets to enter the draw. Lucky Blocks hosts the weekly main draw, and it also got the NFT draw on Friday.

But rewards are not the only way LBLOCK investors can earn. Investors who bought the coin in early February 2022 saw it pump more than 1,100% two weeks later. This is one of the fastest rallies by any altcoin, making LBLOCK one of the lowest priced cryptos to buy.

This platform has developed two coins: BEP20 and ERC20. Some differences exist between the two coins, each with its own advantages. BEP20 was designed for the decentralized exchange DEX, and includes a sales tax of up to 12%. The ERC20 does not have taxes, and was intended for centralized exchanges (CEXs). The ERC20 is considered a V2 coin and was introduced in July 2022 so that it could be listed on exchanges by fixing the problems experienced with the coin earlier.

The good news is that the V2 has been listed on LBank and the MEXC listing for August 1, 2022 has been confirmed. Day traders can speculate on the price action of the coin as the tax is not applicable. If the V2 upgrade wasn’t enough, Lucky Block is also looking to make NFT purchases with fiat currencies as an option.

Visit LuckyBlock Website

3. DeFi Coin – Best Coin in the DeFi Ecosystem

Decentralized finance (DFI) has enabled individuals to transact on the blockchain without government interference and third parties such as banks. DeFi Coin is the native token on DeFi Swap, an exchange hosted on the Binance Smart Chain.

The initial coin launch was delayed due to challenges during the development phases. But the price of the coin increased by more than 300% in a matter of hours. DeFi Swap enables investors to earn rewards by depositing coins on the platform, and DeFi Coin is its most popular betting coin. As DeFi swaps expand, so does the liquidity of DeFi Coin.

DeFi Swap is also one of the best DeFi staking platforms – DeFi can be staked in the platform’s staking pool with up to 75% APY.

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4. Bitcoin – Most Popular Cryptocurrency

Bitcoin is the crypto market leader in terms of market capitalization and price movement.

After rising above nearly $19,000 in January 2018, bitcoin reached an all-time high (ATH) of $69,000 in November 2021. Since then, bitcoin has lost about 75% of its value, but has managed to recover a bit. Despite the crash, bitcoin has tremendous potential and remains a favorite of investors.

With only 21 million coins in development, the price of bitcoin is going to be very high as investors value the scarce asset.

At the time of writing, bitcoin is back over $22,500 and some of the leading crypto market commentators and the best crypto traders to follow on Twitter are speculating that the bottom may be on the way.

5. XRP – Coin Offering Fast Transactions and Low Fees

The San Francisco-based fintech firm Ripple is responsible for developing XRP. Ripple wanted to simplify cross-border transactions, so it created a cryptocurrency that only requires a few seconds to reach the other side of the world. The great thing about XRP is that it costs several cents in transaction fees.

In December 2020, the US Securities and Exchange Commission sued Ripple for selling XRP as an unregistered security. Ripple lawyers have made significant progress in the matter, and XRP investors are confident that XRP will prevail.


6. Ethereum – Second Largest Coin by Market Cap

One coin that has managed to hold the second position in the crypto market since its inception is Ethereum (ETH). The platform is used for smart contracts and applications to operate without interference while preventing fraud.

Programmers use Ethereum’s platform to develop distributed applications, and individuals enjoy its peer-to-peer network to send ETH on the blockchain as payment or for swapping. Ethereum, like Bitcoin, has done well – ETH has risen over 4,000% from its March 2020 lows to an ATH of $4860.


7. Shiba Inu – Popular Meme Coin

After the success of Dogecoin, investors were looking for the next big meme coin. The developers of the Shiba Inu copied Musk’s marketing strategy and managed to reach a mainstream audience.

From the beginning of October 2021 to the end of the month, Shiba Inu coins have risen by 1,100% as their efforts paid off.


8. Avalanche – Best Scalability Coin

The Avalanche Platform consists of three networks: Contract Chain, Exchange Chain and Platform Chain. The three chains work together to make transactions faster.

The platform’s native token, AVAX, has received several subreddit mentions. Some investors believe this to be a threat to Ethereum.

HOW TO BUY IBAT

IBAT turns out to be the most popular Reddit crypto:


Step 1: Open an account

Go to Battle Infinity’s website and click on ‘Connect Wallet’.

Step 2: IBAT. buy

Enter the number of IBAT to buy.

Click ‘Buy Separate’.


Step 3: Confirm the transaction

In the wallet, confirm the transaction by clicking ‘Confirm’.

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