Top 8 Most Promising Cryptocurrencies of 2022

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Which cryptocurrency investment holds the most promise? Having to assess so many variables is why many investors back out from their crypto investments. But it doesn’t have to be that way. Many promising cryptocurrencies have emerged in 2022.

In this guide, we highlight the top 8 promising cryptocurrencies that you must keep an eye on in 2022. We discuss their individual values and assess their potential based on their roadmaps.

What Are the Most Promising Cryptocurrencies this year?

 

Tamadoge: A crypto that adds utility to memecoins

The cheapest cryptos are those that hold the potential to not be the same for long. These cryptocurrencies have huge potential for early investors and the crypto ecosystem as a whole. Tamadoge is one of the cheapest cryptocurrencies to invest in right now due to the potential for huge upsides down the line.

Tamadoge is a play2earn ecosystem powered by the Tamadoge token or TAMA. TAMA is utility crypto that players can use to buy Tamadoge Pets, the NFTs that lie at the core of the Tamadoge gaming platform. Additionally, upcoming developments can give investors an early mover advantage.

These developments include the AR app that’s coming next year, integration with existing metaverses, the conception of Tamaverse, and more.

Also, the ecosystem is provenly secure and can be trusted. That is, it has been audited by Solid Proof and Coin Sniper.

The project’s current presale has been a success and is about to reach the last stage (it might by the time we’re done writing about it). Only 94 million TAMA tokens remain out of 1 billion that were offered during the presale. The end of this presale will mark the listing of TAMA token on LBank.

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Battle Infinity: A Metaverse Token Leading the Presale Charts

Battle Infinity is a metaverse gaming platform powered by IBAT, its native token. A multiverse of metaverses, this blockchain gaming has shown the most promise this year. It caters to all types of crypto enthusiasts, from gamers to DeFi investors. Founded by Suresh Joshi, this blockchain gaming crypto is currently in the presale – openly offering you the early mover advantage.

Buy BAttle Infinity

The primary reason behind our bullishness about this crypto is its approach to metaverse gaming. It combines GameFi with standard DeFi and NFT mechanics, creating a gaming platform that can redefine the blockchain space in years to come. And if you’re into fantasy sports, this is one game you can’t miss. It has six products:

Battle Swap

Headlining the Battle Infinity ecosystem is the Battle Swap. It is a decentralized exchange akin to a bank within the Battle Infinity cryptosystem. Gamers can buy IBAT and swap it for other cryptos. It is integrated with other products to give players and investors a streamlined experience.

Battle Market

All the in-game assets within the game are tokenized using BEP-721. That is, they are NFTs, and you can trade them on the Battle Market. The market assigns them value based on their rarity.

Battle Games

It is a collection of multiple play2earn blockchain games you can plan and win IBAT and even NFTs. Developers have integrated it seamlessly with the Battle Market – allowing players to sell their winnings.

Battle Arena

The IBAT Battle Arena is your upgrade station to customize your avatars using the assets you won playing the games or bought from the NFT marketplace.

Battle Staking

With the IBAT Battle Staking, you can put your IBAT holdings to work by locking them for some time. Stakers on Battle Infinity also earn other rewards on the platform.

IBAT Premiere League

The IBAT premier league is the world’s first decentralized fantasy sports game in the metaverse.

Due to these features, Battle Infinity has started breaking new ground during the presale. The presale began on July 11th, and the presale target was met 66 days ahead of the ending. IBAT has not been listed on PancakeSwap and LBank. According to CoinMarketCap, IBAT’s market capitalization currently stands at USD 10.823 million.

The unique use-case, the interest of the crypto market, and the effort of its developers to provide a one-stop approach for all things crypto have made IBAT one of the most promising cryptocurrencies on the platform.

You can check out our buying battle infinity guide to know more.

Presale Started
July 11

Presale End
Presale Ended

Blockchain
BSC

Min – Max Investment
0.1 – 500 BNB

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Lucky Block: The World’s #1 NFT Competitions platform

Lucky Block is a global NFT competition platform that became the fastest token to reach a $1 billion market cap in 2022.

LBlock – the reward crypto of Lucky Block – is one of the most promising cryptocurrencies this year. After debuting at $0.0089, it reached its all-time high of $0.0097 after PancakeSwap listed it. While the Lblock price soon retraced, as is common with most altcoins, the general sentiment about this cryptocurrency is still bullish.

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And the reason behind it is the philosophy of Lucky Block, “Everybody is a winner.”. This blockchain-based competition platform is powered by chainlink, which ensures that the in-game chance of winning and completely randomized. It ensures that all players have an equal chance of winning the prizes.

Another factor that enforces the project’s “Everybody is a winner” philosophy is the unique way the winnings are divided among the players. 70% of the winnings go to the players, and the remaining 30% go to LBLOCK holders, charities, and the development of the platform. Lucky Block holds six competitions with prizes ranging from $1 million in Bitcoins to Lamborghini to Bored Ape Yacht Club NFTs and more. LBLOCK has two token versions. The one listed on DEX is the BEP20 token, and the ones listed on centralized exchanges are ERC20 tokens. LBank has recently listed the Lucky Block V2 version. Gate.io is another cryptocurrency exchange that has picked up Lucky Block recently.

At the time of writing, Lucky Block is priced at $0.001027 and ranks at #4251 on CoinMarketcap – presenting a buying opportunity for many.

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DEFC: A low cap DeFi Crypto of 2022

The DeFi coin is a digital token launched in 2021. It is the native cryptocurrency of the DeFi Swap Exchange – DEX that allows traders to buy or sell crypto without the need for intermediaries.

Built on the top of the Binance Smart Chain, DEFC is one of the definitive DeFi cryptocurrencies in the market. It has many similarities with Uniswap, another DEX with the same use case. DEFC went on a 40x bull run in 2021, going from $0.1 to $4.

DeFi Coin site

The cryptocurrency powers the DeFi Swap ecosystem, offering multiple crypto-centric services such:

Large APY rewards
Instant exchanging the asset without getting a third party involved
Adding liquidity to the exchange for a portion of the trading fees

The DEFC ecosystem has taken many unconventional steps to maintain stability in the crypto market. The most notable among them is the 10% tax it levies on buy or sells transfers for DEFC. Doing so deters the speculators from trading in DEFC, ensuring that it is not hype but practical use cases that promote the price of crypto.

As a DEFC holder, you can earn by getting 50% of that 10% taxation. DEFC adds the remaining half to the liquidity pool.

It is one of the most promising cryptocurrencies right now because of the following reasons:

Low market cap

Low cap coins often have huge upside potential. At the time of writing, the DEFC crypto has a fully diluted market cap of $9.3 million – giving it high growth potential.

Transaction Tax

The presence of transaction tax within the DEFC ecosystem has many upsides. It not only deters speculators from investing but adds more assets to the liquidity pool.

Passive Income

As already stated, you’d earn 505 of that 10% transaction tax: the higher your holding, the more your earnings.

Overall, DEFC is one of the most promising cryptocurrencies in the market because of the rising calls by the crowd to adopt DeFi. It has a strong fundamental, and the team is also working on diversifying the ecosystem by bringing mobile apps and an NFT marketplace. Taking these factors into account, the future of DEFC remains bright.

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Solana: A Layer1 Blockchain and the main contender of Ethereum

Solana is a layer 1 blockchain designed to deal with the scalability and speed issues of Ethereum. Its transaction speed is about 50,000 TPS and provides more scalability through its unique Proof of History consensus mechanism.

Buy Solana

As far as most promising cryptocurrencies go, Solana meets all the requirements. It has emerged as one of the better blockchains for developing staking protocols and dApps.

It is Censorship resistant

Solana is trustless and distributed. The lack of centralized control in the network allows the transactions to remain streamlined.

Passive Income Generation

You can earn passive income on the Solana blockchain through delegated staking. As a delegator, you can choose among the best validators to support the Solana network. Staking your Solana on these validators will allow you to generate passive income. The stability of earnings through staking as compared to trading has made Solana one of the best staking platforms.

While there are many positives about this cryptocurrency, there are negative points too that are hard to ignore. Solana blockchain’s security has been heavily scrutinized in the past. In early 2022, hackers stole $320 million in funds from the Solana blockchain. While the developers are hard at work bringing new security features, we will only find out after the test run.

At the time of writing, Solana trades sideways between $35 and $37 and ranks at #9 on Coinmarketcap.

Overall, Solana is a promising cryptocurrency and has the support of man institutions. Reports say Solana is looking at a 40% pump in August despite the current bearish signals.

Check out buying Solana Guide if you want to invest in this crypto.

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FTT: A promising crypto within the DeFi domain

FTT is the native cryptocurrency of the crypto derivatives platform – FTX. Launched on May 8th, 2019, FTX is backed by Alameda Research, one of the largest crypto liquidity providers across the globe.

The traders use the token on the FTX cryptocurrency exchange to lower the transaction fees on the platform. They consider FTT as one of the most dependable crypto assets in the market. It is partly because of Sam Bankman-Fried, the founder who has been on the mission to rescue many crypto interest platforms.

Buy FTX Token

The crypto crowd is particularly bullish about FTT not because of the use case that FTT represents but due to FTX. FTX is one of the best cryptocurrency exchanges and the most suitable for institutional winters. The crowd grew particularly bullish about FTT during the bear market when FTX decided to hire more employees rather than fire the existing ones.

It has been noted as one of the many factors that the token held a stable ground after the market entered crypto winter. The value of the FTX token retraced from $52 – its highest value in 2022 to $21 before bouncing. It quickly recovered before establishing a marginal uptrend.

At the time of writing, the FTT token price accumulates between $26 to $27.5.

We think that it is one of the most promising tokens on the list because of it being a CEX token. Unlike standard altcoins, these cryptos have in-built use-case and have been known to outperform other projects.

Check out our guide about how to buy the FTX token.

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Ethereum: The world’s Number 1 Altcoin

Ethereum has gone through the most volatility (similar to Bitcoin) since the start of this year. It was the announcement about the shift to Proof of Stake consensus that started it all. The crypto crowd is bullish about this smart-contract blockchain being more environmentally friendly. However, the new Ethereum 2.0 has been taking too much time to release. The difficulty bomb test was a success. However, it uncovered the many issues in the blockchain that further pushed the date of The Merge.

The Terra collapse didn’t help. It shook the entire crypto ecosystem – dropping the values of many major cryptocurrencies, Bitcoin and Ethereum included. Ethereum has been in many rough spots as of late. It once hovered over $2.2 to $2.3k levels but now struggles to cross the $1.5k resistance during the crypto winter.

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That said, the Ethereum price saw up to a 40% uptick after announcing that the merge update date is nearing.

Experts have said that when the shift to 2.0 will complete, Ethereum will potentially flip Bitcoin. It is because the new proof of stake protocol will have a massive impact on the total supply – projected to be decreased by 90%. As the inflation of Ethereum will be lower than Bitcoin, the value of the ETH token could very well surpass BTC.

The Merge is the primary reason we are bullish about the promise that Ethereum holds. As the potential of this token continues to grow with more updates, holders would be in a better position now, as their chances to make high percentage gains are high.

At the time of writing, Ethereum is still trying to cross its $1.5k resistance. As more news comes about Ethereum’s project development, the price will likely cross this level and retest further highs. The general crypto crowd remains bullish about this cryptocurrency, and they have a good reason to do so.

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Apecoin: One of the hottest NFT Cryptos of 2022

Apecoin is an ERC-20 token that powers the collaborative ecosystems of which Bored Ape Yacht Club NFT is a part. It is one of the most promising cryptocurrencies in the NFT space, valuable especially to Bored Ape NFT holders.

When the token was launched, holders of Bored Apes were able to claim them without any charge. It has been one of the most controversial aspects of this cryptocurrency. However, ever since the introduction of the Otherside, the BAYC metaverse, crypto investors have started to see the ApeCoin in a new light.

ApeCoin is the governance token of the APE ecosystem. APE holders can use the token to particulate in ApeCoinDAO. The token also offers holders access to many exclusive games and services.

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APE reached its all-time high in May 2022, shortly before the crypto market would be pushed into the bearish zone. It peaked at $24.25 during this and then retraced to $5.2 when Bitcoin hit its bear bottom of 2022. Although it shortly bounced afterward and maintained a sideways trading range at above $7.6 for some time, it is now accumulating between $5.4 to $5.9.

It is one of the most surprising entries on our list as it is a speculative investment. However, after the introduction of one of the best metaverse projects, people have started to see it as a legitimate investment. Another factor that pushes the tokens’ value forward is the widespread media attention.

Having a small market cap also works in the token’s favor, giving it huge upside potential.

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Binance Coin: Cryptocurrency of the World’s Biggest Crypto exchange

Binance Coin (BNB) is the native crypto of the Binance exchange. While it started out as an additional asset that Binance traders could use to reduce their trading fees, it has now become one of the most promising cryptocurrencies in the world.

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It is the primary crypto of the Binance Chain and Smart chain and is used as an exchange token for dApps built on the Binance smart chain. For instance, Battle Infinity is a metaverse gaming platform built on the Binance Smart Chain powered by IBAT, a cryptocurrency undergoing presale that you can buy using BNB. One BNB will net you 166,666.66 IBAT tokens.

Binance is a thriving ecosystem, and developments within it often directly impact the value of Binance Coin.

Binance coin entered 2022 at $517 but then retraced to $172 because Bitcoin was hitting new lows. It bounced shortly after and, at the time of writing, is accumulating between $243 to $254.

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Ranking the Most Promising Cryptocurrencies: Our Method

2022 has been a volatile year for the crypto market till now. With that in mind, we pursued the following factors when ranking the most promising cryptocurrencies.

The volatility of the Crypto Market

The current crypto market is highly volatile, which makes it important to consider cryptocurrencies that have somehow retained some stability and didn’t cause many losses.

That particular sentiment might not be reflected in the list because Ethereum did drop to below $2k levels in the bear market, but so was the general ecosystem. And the reason behind Ethereum’s retrace was primarily the updates. While the price is currently relatively low, the buying opportunity is high, especially since the Merge upgrade is on the horizon.

Therefore, while the volatility spells doom for short-term investors, for long-term crypto holders, it can be time to get to the ground floor of a high-reward opportunity.

Rise of Metaverse Cryptos

You will notice that among the most promising cryptocurrencies on the list, we have paid attention to the metaverse cryptos. The metaverse continues to be a bullish ecosystem, with new upgrades and new opportunities arriving each day. Battle Infinity, for instance, is a metaverse gaming project that pays equal attention to DeFi. Considering this factor is extremely, especially in an ecosystem where many have stated to shift from CEX to DEX.

In Ethereum’s case, the upcoming merge upgrade will likely bolster the creation of more dApps and even more metaverse, further boosting the price of metaverse tokens.

Diversification of Use cases

The bear market has hit many altcoin developers with a realization that they can persist on speculation alone. As the crypto crowd continues to look for most uses from their altcoins, the cryptocurrency developers are introducing new measures to make the altcoins more appealing.

For instance, the DEFC will soon diversify and venture into the NFT domain, which will likely pump its price.

Presale

The third factor that we took into account to learn the promise held by the token is a presale. Getting your hands on cryptocurrencies during the presale, especially those that have a robust use case from the beginning, is a great idea. The price of such tokens would likely go up once they are listed on the exchanges. And since many tokens that are in the presale stage are backed by good use cases, the chances of them quickly going up are high.

Conclusion

The wisest crypto investment tip we always give to our readers is to go for the most promising cryptocurrencies. Staying updated with the developments of these tokens will help you determine their potential in the future. In this guide, we have reviewed all the crypto assets that we think hold the most promise.

We started with our favorite token, Battle Infinity. It is metaverse crypto that has gained massive attention from the gaming as well as the investing crowd. And since Battle Infinity is built on the Binance Smart Chain, we considered it wise to list BNB.

Our decision to add ApeCoin to the list is backed by its marketing value. Because it is part of the BAYC ecosystem, it will always be in the eyes of the media, which for a cryptocurrency is a major asset. We chose to add Ethereum for obvious reasons, as when the final Merge upgrade arrives, it will bring a major paradigm shift within the crypto space.

Read More

Battle Infinity – New Metaverse Game

Battle Infinity

Presale Sold Out Early – Now on PancakeSwap and LBank
First Fantasy Sports NFT Game
Play to Earn Utility – IBAT Token
Powered By Unreal Engine
CoinSniper Verified, Solid Proof Audited
Roadmap & Whitepaper at battleinfinity.io

Battle Infinity



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