10 Best Deflationary Cryptocurrencies to Buy in 2022

Cryptocurrencies with an in-built burn mechanism limit their supply over time, increasing their value. The latest among them are Tamadoge and Terra Classic. 

This guide gives you a list of the best deflationary cryptocurrencies that present major upsides due to their deflationary nature. Even Terra Classic, which was once brushed off as a vain attempt to revitalize the Terra blockchain, broke through market fundamentals as bulls took control to pump its price and peaked by 550% after the introduction of the 1.2% burn mechanism.

Best Deflationary Cryptocurrencies – at a Glance

What is a Deflationary Cryptocurrency – Key points?

Best Deflationary Cryptocurrencies – Complete Review

Here will take a closer look at the best deflationary cryptocurrencies with major upsides for both long and short-term investors.

Dash 2 Trade: The Best Deflationary Cryptocurrency to Buy Right Now

Dash 2 Trade is one of the best deflationary cryptocurrencies to invest in in 2022. The devs intend to keep the option open to burn some supply to increase the value of this token over time. Powering crypto analytics and research tool of the same name, Dash 2 Trade (D2T) aims to make cryptocurrency intelligence and research tools to ordinary traders to help them make better investment decisions. 

Dash 2 Trade is offering 700 million tokens in the presale event, which involves nine stages and is currently at stage 3, in which investors can get their hands on 1 D2T token at the discount price of 0.0513 USDT. 

According to the official whitepaper, Dash 2 Trade aims to become a world-class crypto analytics and trading platform that offers a wide variety of tools, including:

Trading signals to keep investors updated about the buy and sell opportunities
Social sentiment and on-chain analysis tools for cryptos trending on the spot exchanges
Bespoke scoring system to appraise presale cryptos to give all members a chance to become an early mover. 
Crypto listing alerts that keep users informed about token listings on major and minor cryptocurrency exchanges. 
Trading competitions for subscribers, giving them a chance to win crypto

Dash 2 Trade has one goal, to make a crypto analytics platform more inclusive using a cryptocurrency to be used to pay the subscription fee. It instantly gives D2T a utility, putting it in a different class of tokens. Investors can use D2T tokens to buy a range of subscriptions, ranging from standard to premium, with fees ranging from 4000 D2T to 1000 D2T per month. For those who want to access these features at a minimum cost, buying D2T tokens during the presale is wise. The discounted price would be akin to a discount on the subscription fee. For instance, those who want to get a standard membership would pay only $20.52 if they buy Dash 2 Trade in the current presale. Those who miss out would pay an inflated price of 21.32 USD once the token reaches the fifth stage of the presale. 

Due to the presence of price appreciation that happens during each presale stage, early movers have a chance to mint high profits before D2T reaches cryptocurrency exchanges. Until now, the Dash 2 Trade has raised upwards of $5.5 million in the presales and is close to entering stage 4 of the presale. That said, Dash 2 Trade has enough plus points to help it go up by 50x by the next two years. You can read more about them in our Dash 2 Trade price prediction. 

Additionally, Dash 2 Trade has also organized a $150k giveaway where one lucky person will get a chance to win $150k worth of Dash 2 Trade tokens. To keep up with the presale, follow the official telegram channel of the team. 

Visit Dash 2 Trade

IMPT: Burn Digital Assets to Become More Eco Friendly

Sustainable cryptocurrencies are the needs of the hour right now; IMPT token is one of them. This token combines its deflationary aspects with a carbon offsetting mechanism and becomes one of the greenest crypto assets of this year. 

At the core of the IMPT ecosystem lies a unique marketplace with over 25,000 affiliate brands that include Amazon, Microsoft, Samsung, and Booking.com, to name a few. Buyers can interact with these brands, buy their products through this marketplace, and earn a portion of the sales margin as IMPT. This IMPT can then be swapped for tokenized carbon credits. Buyers then get the option to either sell the carbon credits to the brands or retire them. Retiring the carbon credits rewards buyers with unique NFT artwork. It is this burning mechanic that gives IMPT its deflationary attribute – allowing users to burn their tokens to reduce their carbon footprints. 

With a limited supply of 3 billion tokens, IMPT is setting itself up for success for environmentally conscious investors who also want the benefit of increased price with reduced supply in the near future. That is one of the many reasons why this presale crypto has been a success, having raised more than $12.5 million until now. The presale has completed half of its second stage, and the tokens are running out fast because of the crypto community’s bullishness for an eco-friendly crypto asset. 

At the time of writing, 1 IMPT token costs $0.023. This price will increase to $0.028 when the third and final round of the presale arrives near the end of 2022. 

Those interested in keeping up with the progress of the presale or wanting to dive deep into IMPT’s ecosystem can join the official IMPT telegram channel.

Buy IMPT

Calvaria: Will Burn 20% of the Presale Tokens

Calvaria is one of the more interesting P2E cryptocurrencies to arrive this year. Sporting deflationary attributes, like the other two on the list, Calvaria is also undergoing the presale. Investing in it right now will allow you to claim your RIA tokens during the token refrigeration event. 

Because of this cryptocurrency’s unique approach towards blockchain gaming – which we will discuss in the next paragraph – the presale tokens are going out fast. So, in order to counteract the selling pressure that will likely develop at the token generation event when the token lands on cryptocurrency exchanges, Calvaria has delegated 20% of the presale funds to the liquidity and buy bach. Under the buyback program, devs are going to buy and burn the token immediately – limiting its supply and making it a deflationary asset. 

In hindsight, Calvaria is a card game similar to Gods Unchained, Spellfire, and Splinterlands. However, unlike the latter three, Calvaria takes a story-focused and inclusive approach to gaming. In addition to the standard PvE and PVP modes, Calvaria also features the P2E (Play-to-Earn) and F2P (Free-to-Play) mods. 

The F2P mode is created keeping non-crypto gamers in mind. These gamers would not need to download a crypto wallet to access the game and won’t need to buy any card NFTs. They will also have access to in-game store commissions, card upgrades, and everything, the same as the blockchain gamers.

The P2E mode will focus on crypto gamers, who would have real ownership of their NFT cards on the platform. They will also be able to interact with Calvaria’s underlying DeFi mechanics, including prize pools and a gamified staking pool. 

At the time of writing, Calvaria is closer to finishing the 4th phase of the presale and has raised upwards of 1.6 million USDT. To know about the expert’s forecast for Calvaria, check out our Calvaria price prediction. 

Visit Calvaria Presale

Tamadoge: Memecoin with a 5% Burn rate

Tamadoge is a memecoin powering a virtual pet game of the same name. At the center of this game lie doge pets, known as Tamadoge pets. Each with a different look, strengths, weaknesses, and attributes, these Tamadoge pets can be owned by you and then customized and raised before being put into battle in a PvE ecosystem. 

This Tamagotchi-like approach to gameplay, coupled with the doge aesthetics, allowed Tamadoge to become one of the biggest presale success stories of this year as it raised $19 million in record time and surpassed Ethereum’s ICO. 

Tamadoge’s deflationary aspects come from transactions. According to the official whitepaper, each time a transaction is done using TAMA, 5% of the tokens spent will be burned completely to reduce its total supply, which is 2 billion coins. 

After the conclusion of the presale, Tamadoge was listed on OKX, the world’s seventh-biggest cryptocurrency exchange by market capitalization. Devs soon dropped ultra-rare, rare, and standard Tamadoge NFTs that pumped the TAMA price by manifolds. Tamadoge was later listed on LBank and Uniswap.

While the token’s value has corrected to its later presale levels after reaching an all-time high, Tamadoge is still profitable to the project’s early movers. However, multiple games are on the way, and the roadmap of the project looks solid, making it possible for Tamadoge to experience a resurgence once again next year. 

Visit OKX to Buy Tamadoge

Quant: A utility-based crypto with over 66% of supply Burnt

Quant is another deflationary cryptocurrency that is making rounds as one of the best crypto assets this year. QNT is the native crypto of the Quant Network, a blockchain network built for enterprises to connect blockchains at a global scale. The network works towards reducing cost and accessing a wider crypto market by deploying decentralized applications on any blockchain using its multi-chain API called the Overledger. 

Overledger allows developers to create and deploy apps without having deep knowledge of blockchain technology. All these factors combine to give Quant the ability to increase the blockchain adoption rate, which is why Quant was able to bounce back from its bearish low of $45 to nearly 50% of its all-time high of $220 in October. At the time of writing, Quant is trading at $135. 

The developers of the Quant project burned 66% of the total supply in 2018 to limit its supply and turn it into a deflationary crypto. Investors looking for a well-established crypto asset that can increase the blockchain adoption rate and grow alongside major cryptocurrencies should invest in Quant. 

Buy Quant

XRP: Burns the Transaction Fee on The Ripple Network

Another deflationary currency in our list is XRP. This crypto asset is burned every time it is used as a transaction fee on the Ripple network. Doing so permanently removes XRP tokens from the circulating supply, limiting them and leaving them open for growth. 

Starting with a 100 billion total supply when first introduced in 2013, XRP’s deflationary has reduced its total supply to only 99.98 billion. 

Even with a lower-than-usual deflation rate, XRP’s unique use case and its importance to the crypto space, in general, allowed it to go on a bull run back in 2017 when it reached its all-time high of $3. While a massive retrace happened, XRP went on its second bull run in 2021 before retracing due to the 2022 crypto winter. At the time of writing, XRP has rebounded to $0.37, which is more than 20% from its June low. 

Buy XRP

Terra Classic: LUNA-formed Token to Introduce 1.2% Burn

Terra Classic is the native token of the forked Terra blockchain. Originally known as LUNA, Terra Classic came into existence after the death spiral of the Terra blockchain pushed LUNA into a hyperinflationary cycle, turning its 350 million supply to 6.5 trillion. 

Coming fresh out of the crash and hyperinflationary, the LUNA community went on a LUNA burn campaign in an attempt to reduce its 6.5 trillion circulating supply. 

Although initially proved unsuccessful, Terra Classic started making headlines once again after the community in control of the Terra chain introduced a 1.2% token burn. That news, coupled with the newly introduced staking pool, increased the community’s interest in Terra Classic, and the bulls took control, making Terra Classic surpass one milestone after the next. As a result, the token reached its all-time high of $0.00056. 

While the value later retraced to $0.00018, an accumulation range formed within that range, and at the time of writing, Terra Classic is trading at $0.0001762. 

Even though this crypto asset has no use case other than being tradeable and stackable, its rise attests to the fact that being a deflationary crypto is seen as a positive in the crypto space, and people are always ready to support such asset. 

Buy Terra Classic

Binance Coin: Crypto with an auto-burn mechanism

Those interested in CEX cryptos with readily available utility will find Binance Coin to be a suitable investment. Binance Coin is the native token of Binance, the world’s leading cryptocurrency exchange that supports over 600 crypto assets and has a 24-hour trading volume that exceeds 76 billion. 

Binance Coin is the world’s fourth biggest cryptocurrency by market capitalization, with a total supply of 159 billion out of its max supply of 200 billion. 

Binance launches a buyback and burn program every quarter to decrease the supply of BNB tokens and thereby increase their value. The latest supply of 159 billion tokens is the result of the 20th quarterly burn. 

At the time of writing, Binance is trading at $304. 

Buy Binance Coin

FTX Token: Implemented an anti-inflation buy/burn schedule

Another cryptocurrency exchange token to make it to our list is FTT. Like Binance coin, FTX too is used to reduce the trading fees on the cryptocurrency exchange. 

Headed by Sam Bankman-Fried, the “good guy of crypto”, FTT became one of the best deflationary cryptocurrencies after FTX introduced the Buy and Burn program. Here, FTX buys back the FTT token and burns it according to a weekly schedule. 

Despite these positive signs, FTT’s fate now lies in the dark. The recent acquisition of FTX by Binance has led to FTT’s value dropping drastically from $22 to $5. The recent acquisition is underway in light of some leaked documents showing that FTT is an illiquid crypto asset. Therefore, you should watch the FTT trends closely for the next few days before investing. 

Buy FTX

Polygon: One of the Best Deflationary Altcoins 

Polygon introduced a token burn mechanism back in January 2022 known as Ethereum EIP -1559. According to the official blog by POlygon, this mechanism aims to “burn the native MATIC token” and provide “better fee visibility” to the users. 

The official website states that over 4.15 million tokens have been burned, with over 2.96 million tokens currently waiting to be burned. Burning is a three-step process that initiates on Polygon and finishes on the Ethereum blockchain.

At the time of writing, Polygon is trading sideways in the $1.16-$0.90 range.

Conclusion

Being a deflationary crypto is a major asset for every cryptocurrency. The limited supply brings the supply-demand law into play, giving the token the potential to experience a massive increase in price. Even tokens like Terra Classic with no discernible use case have rallied to all-time highs due to the burn mechanisms alone. 

And when that burn mechanism is coupled with a great use case, you get a crypto asset with a definite upside for all investors. Dash 2 Trade is among those cryptocurrencies. Offering exclusive trading tools to ordinary traders, Dash 2 Trade has the makings of what could become the world’s best crypto analytics platform. Currently, in the third stage of the presale, the D2T token is available for purchase at the discount price of $0.0513. 

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