This article explores the top eight
Cryptocurrencies that are set to explode in 2022
, Some of these are new in the market, while some are still in decline. Emerging or established, they are all undermined right now. It’s time to scoop them up!
Battle Infinity (IBAT)
Battle Infinity tops our list of the best cryptocurrencies to buy in 2022. As the world’s first NFT-based fantasy sports game integrated with the Metaverse, Battle Infinity puts forward some excellent value propositions. It allows you to build your own battle team and earn while showing off your gaming skills in the metaverse.
Battle Infinity introduced six products to the market. The first of these is Battle Swap, a DEX that acts like a bank in the Battle Infinity ecosystem. With Battle Swap, you can buy IBAT tokens directly and exchange your rewards for any other listed currency. Since DEX is integrated with the in-game marketplace, game store and arena, transactions on the platform are fast and smooth. In-game assets on Battle Infinity are classified by rarity. You can trade them in BattleMarket, an NFT marketplace that lists assets such as tokens and characters, using BEP721 smart contracts.
The platform gives users access to several play-to-earn NFT games through the multiplayer game store IBAT Battle Games. There’s also a battle arena where you have unique avatars. If you are not satisfied with the features like hair or clothes, you can upgrade them on IBAT Battle Market. Battle Infinity hosts several P2E battle games that are integrated with the Metaverse world called ‘The Battle Arena’. The immersive gaming experience will be designed to bring traditional gamers onboard, an integral part of the NFT gaming platform’s long-term growth. Being a web3 platform, the income from Battle Infinity is not limited to gaming only. The platform has integrated battle staking, where you can lock in your holdings for a period of time in exchange for rewards and additional benefits.
IBAT is the native token of Battle Infinity, with a total supply of 10 billion. The rich ecosystem of features makes IBAT one of the best investments for this year. IBAT Presale is currently live on the official website. Join the presale to grab them at a ridiculously low price (1 BNB = 166,666.66 IBAT).
Lucky Block (LBlock) — Best Play-to-Earn Cryptocurrency
Next on our list of the best cryptocurrencies is Lucky Block (LBlock). It is the native currency of the worldwide sports and competitions platform of the same name which offers play-to-earn rewards using the blockchain protocol. Lucky Block has jackpot draws and daily contests where everyone is the winner. All $LBlock holders have free access to the jackpot.
Interestingly, LBlock is the fastest cryptocurrency to reach USD1B market cap. It recorded 50k+ investors within the first 90 days of launch. While LBlock was initially launched on the BSC blockchain, the next version will be on Ethereum. In addition, it will be compatible with several major CEXs, allowing more users to join. You can now buy LBlock on PancakeSwap. It is ready for launch on the major crypto exchanges MEXC and LBank. This will be followed by more listings in the coming months to benefit from the dramatic increase in liquidity.
While the Internet is full of online games of chance, very few are transparent and profitable. The decentralized structure gives them little potential for growth in the long run. Lucky Block brings these games to the blockchain, making them accessible to a wide range of users. The new approach creates transparency and fairness in games so that each player has a better chance of winning. The solid rewards strategy further complements its popularity. If the platform continues to build and expand, it will prove to be an attractive catch for investors by the end of this year.
Decentraland (MANA)
If you have been exploring the crypto market for quite some time, we need not introduce you to Decentraland. MANA serves as the core cryptocurrency of this fast-growing metaverse that has been all the rage over the past year. Currently, the MANA is selling for $0.798. This is well below its all-time high of $5.90 recorded in November 2021. As Decentraland grows and develops with new partnerships and integrations, we expect MANA’s value to be maintained.
Projects like Decentraland show that the metaverse can be for everyone. It brings people, businesses and technologies together to nurture a flourishing metaverse that gives us a glimpse into the future.
Blockchain-powered virtual reality platforms have played an integral role in bringing the decentralized metaverse movement to the masses. It is divided into virtual land plots which are tokens for a transparent record of ownership. As a leader in the Web3 metaverse, Decentraland will continue to accumulate more value in the coming months. It is one of the best cryptocurrencies you can hold right now.
Polygon (MATIC)
Polygon wrote one of the biggest blockchain success stories of 2021. It emerged in the mainstream at a time when users did not know what to do with Ethereum. Despite its amazing use cases, blockchain burns a hole in the pocket. Transaction delays were an added hassle. The shock prompted many to leave the Ethereum ecosystem.
Polygon offered help with a decentralized Ethereum scalping platform. While it initially seemed too good to be true, Polygon has successfully enabled developers to build scalable, user-friendly dApps. They feature low transaction fees without sacrificing security. Some of the most popular projects in crypto, DeFi Spaces integrated Polygon for cost-efficiency, in turn driving up the price of MATIC. As the crypto market gets back on its feet with increasing activity, we expect a significant increase in the price of the token.
The ecosystem is also growing rapidly with projects from multiple sectors including DeFi, NFTs and Metaverse. If the latter focuses on consolidating its position in the market with new use cases, Ethereum 2 will not be phasing out Polygon anytime soon.
Chainlink (Link)
When it comes to relevance and innovation, Chainlink ranks first in the list of the best cryptocurrencies to buy this year. It is an evergreen project that provides a network of decentralized oracles for reliable data streaming for blockchain applications. They bring off-chain data on-chain to support advanced smart contracts on any blockchain.
The revival of the DeFi industry could significantly trigger the value of LINK in the coming months. LINK registers a value of USD6.04 at the time of writing. While this is certainly cool, it doesn’t do justice to the development and expansion of the project. We expect the price to remain the same this year.
Another important reason to trust Chainlink is its real-world usefulness. It is one of the few blockchain projects that has the infrastructure to encourage traditional users to get their hands on the blockchain. For example, let’s say you’re building a decentralized insurance protocol for farmers. You need to integrate accurate data about weather and crop in order to provide timely insurance to the users. This can be done using the decentralized oracle network provided by Chainlink. This prompts developers to introduce new use cases for blockchain technology.
Earthling (ETLG) — Top Cryptocurrency with a Social Mission
Earthling is a rising symbol that carries forward a strong, social mission. Earthling Token (ETLG) will create awareness about climate change and initiate action against it using the blockchain space. It will realize this through the Web3 on-chain carbon offset marketplace.
Earthling will help families, businesses and individuals reduce the impact of their carbon use on the environment through offset tokens. The goal is to make the world carbon-neutral and restore nature through decentralized activities around the world.
The $ETLG token serves as the fuel of the Earthling ecosystem, facilitating its wide range of use cases and governance. This gives you the right to vote in Earthling DAO regarding important decisions such as the distribution of Treasury funds. While there are some projects on the market that raise awareness about climate change, Earthling is building a vast ecosystem to support this mission. We believe it can make a big difference.
Ethereum (ETH)
Ethereum is the second largest cryptocurrency in the world by market cap. However, it is far from being saturated. With an acclaimed team that is constantly building and adding value, it is only a matter of time before Ethereum is back in action.
ETH serves as the fuel for the Ethereum blockchain, powering a wide range of dApps and use cases. As the first smart contract blockchain, it has a vast ecosystem of projects including DEXs, lending platforms, insurance protocols, games, and the metaverse. Despite the hiccups caused by network congestion, the Ethereum ecosystem continues to grow. The emergence of Ethereum scaling solutions has further aided this.
Additionally, Ethereum’s move to PoS mechanisms is highly anticipated in the blockchain industry. If the project continues to grow, address its shortcomings and actively promote integration, it has the potential to overtake bitcoin in terms of market cap.
bitcoin (btc)
Bitcoin has been the hardest hit in the recent crypto crash. But you need to take a better look at the asset’s performance over the years. As you know, cryptocurrencies are not just a medium of exchange of value. In fact, they still have a long way to go to get there. Much of their popularity can be explained as excellent investments.
Rising inflation and falling interest rates in traditional markets have opened our eyes to the huge potential of cryptocurrencies. Since cryptocurrencies cannot be directly influenced by monetary policies, investors have diversified their portfolios to include them. Their first priority as a digital passive investment is, of course, bitcoin. Many industry experts believe that if the crypto market gets back on its feet, Bitcoin will not only surpass its all-time high of $68,789.63, but also reach 100,000.
While higher market cap projects like Ethereum and Bitcoin are waiting for market sentiment to improve, Earthling offers a unique social mission that has already won a community. Lucky Block, on the other hand, has some irresistible play-to-earn integrations. However, if you are looking for the best project to make your crypto investment this year, it is Battle Infinity. The Metaverse-gaming platform has all the right elements to capture the widest user base. The gaming mechanics and play-to-earn model are designed to bring both crypto and non-crypto gamers onboard.
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