7 Best Altcoin Projects to Watch and Invest in 2022
August 04 2022 - 7:00AM
NEWSBTC
Bitcoin is the biggest cryptocurrency by market capitalization and
is the most popular. But several other coins have impressed
investors. The rest of the coins are known as altcoins – Bitcoin
alternatives – and many altcoins projects have provided significant
returns higher than just holding Bitcoin. The potential downside
can be higher also though – keep a diversified portfolio. We
compiled a list of 7 of the best altcoins to watch and invest in.
The Top 7 Best Altcoin Projects to Watch and Invest in 2022 From
thousands of altcoins on the market, we shortened the list to the 7
best cryptos including a new altcoin project: Battle Infinity –
Overall Best Altcoin Project Lucky Block – Popular Competition
Platform XRP – Highly Effective Coin for Cross-border Payments
Bitcoin Cash – Bitcoin Fork Coin Stellar Lumens – Popular Efficient
Coin for Transactions AXS – Best-Known Gaming Coin Cardano –
Top-Rated Smart Contract Platform A Closer Look at the 7 Best
Altcoin Projects to Watch and Invest in 2022 Now that we’ve
established the best altcoins, let’s dig deeper and find out what
they may appeal to investors. 1. Battle Infinity – Overall Best
Altcoin Project The overall best altcoin token is IBAT. It’s the
native token of Battle Infinity, an NFT sports game. Players can
take advantage of NFTs to dress their avatar and make it unique.
But the main aspect of the game is the play-to-earn feature. Before
players can start receiving awards, they need to buy IBAT on Battle
Swap, the game’s decentralized exchange. After receiving rewards,
players can redeem them on the exchange for other currencies.
Players can earn in several ways. They can monetize their land or
they can enter solo, duo or crates staking. That happens in Battle
Stake, one of six platforms offered in this game. The appealing
aspect of Battle Stake is that it enables players to battle it out
for the highest rewards. But it’s not only the best players that
are rewarded because half of IBAT transaction fees enter a global
staking pool. And it’s from that pool that the platform rewards
loyal players. So, there’s something in it for everyone with Battle
Infinity. By using VR headsets, players can guide their avatar
through Metaverse. That happens in Battle Arena, and it’s there
that players meet and chat with other players in real-time. But
players can also access Battle Games, enabling them to play various
games. But playing matches and leagues requires players to hold NFT
passes. They can get them from Battle Market. The main platform is
the IBAT Premier League. It’s where players build up teams and
budgets to buy better players while spending also on billboard
advertising within the ecosystem. Now’s the best time to buy IBAT
because it’s offered at discounted prices. Its presale started on
11 July 2022 and lasts until 10 October 2022. After two weeks of
the presale, Battle Infinity has raised over $1 million. Investors
may be disappointed if they wait to the last minute because IBAT
could be sold out well before the presale ends. And one IBAT costs
only $0.0015. Keeping up with the game’s latest news is possible
via the Telegram channel. Just remember that the admins will never
DM subscribers first. Visit the IBAT Presale Now. 2. Lucky Block –
Popular Competition Platform The reason that Lucky Block is
appealing is that it benefits players and investors. The platform’s
native token, LBLOCK, has provided investors with tremendous
returns. Those who filled up their bags in January 2022 when the
coin launched didn’t have to wait long for a rally. Because LBLOCK
surged more than 1,000% in the first two weeks of February 2022.
But players who missed out on that rally can benefit from the
platform’s weekly prizes. To enter draws, players need to buy a
ticket for $1 (5 tickets minimum to enter a draw), and they can
enter an NFT draw every Friday. The main prize awards a winner
$50,000 in LBLOCK. Holding LBLOCK may be profitable if the coin
goes on another rally. Lucky Block has developed an ERC-20 version
of the coin so that it gets listed on centralized exchanges. So
far, LBank and MEXC list the coin, meaning more exposure and a
bigger liquidity pool. The higher demand for the coin, the higher
its price should go. But the platform is constantly evolving to
make prizes and investments more convenient. One way it’s doing
that is by developing its platform to enable investors to buy NFTs
with fiat currency. Visit Lucky Block Site Now. 3. XRP – Highly
Effective Coin for Cross-border Payments Ripple developed XRP to
enable users to transfer money across the world efficiently. Not
only have they done that, but XRP can be sent globally at any time,
and it costs only a few cents per transaction. But Ripple is
working on making its ledger even more effective. This fintech firm
knows that NFTs have exploded, and it wants to introduce convenient
NFT purchases on its platform. Unlike the other altcoins in the top
10 market capitalization positions, XRP hasn’t gone on a massive
bull run in the last two years. Buy XRP on eToro. Cryptoassets are
a highly volatile unregulated investment product. No UK or EU
investor protection. 4. Bitcoin Cash – Bitcoin Fork Coin The
creators of Bitcoin realized that Bitcoin is more like Gold 2.0,
and they needed a cryptocurrency that could process numerous
transactions within seconds and serve as a payments provider. So
the Bitcoin fork resulted in Bitcoin Cash. It’s referred to as cash
because it costs only a few cents to transact, and the transaction
takes seconds to process. The goal of Bitcoin Cash was to use it
like money to pay for goods at a grocery store. Whereas Bitcoin is
more of a long-term investment. Buy Bitcoin Cash on eToro.
Cryptoassets are a highly volatile unregulated investment product.
No UK or EU investor protection. 5. Stellar Lumens – Popular
Efficient Coin for Transactions Investors who deem XRP to be a
risky investment because of its lawsuit with the US SEC might opt
for Stellar Lumens (XLM). This coin is similar to XRP because both
coins provide an efficient and affordable solution for transferring
money and transacting globally. Even the two coins’ price movement
is somewhat similar, and their features are identical. But Stellar
Lumens doesn’t have a court case hanging over its head to determine
if it’s an unregistered security. Investors who have been in XLM
for the long haul have received significant returns. That’s the
reason Stellar Lumens is one of the best long-term crypto
investments. Buy XLM on eToro. Cryptoassets are a highly volatile
unregulated investment product. No UK or EU investor protection. 6.
AXS – Best-Known Gaming Coin Axie Infinity is a popular
play-to-earn game that enables players to receive rewards while
building up their army and breeding digital pets known as Axies. To
play the game, players need to have the platform’s token, AXS.
Numerous players have rushed to play Axie Infinity, resulting in
the coin surging by more than 5,000%. So not only does the game
enable players to earn, but AXS investors profited handsomely just
by merely holding the coin. That’s why Axie Infinity is one of the
best crypto games to play and earn. Buy AXS on eToro. Cryptoassets
are a highly volatile unregulated investment product. No UK or EU
investor protection. 7. Cardano – Top-Rated Smart Contract Platform
ADA is the cryptocurrency that powers the Cardano network. Cardano
users benefit from the platform’s highly effective smart contracts
feature, as well as creating decentralized applications and
protocols. The network is also useful for sending funds
instantaneously for extremely low fees. What was interesting to
note about ADA is the massive bull run that it went on after
Bitcoin and Ethereum. Buy ADA on eToro. Cryptoassets are a highly
volatile unregulated investment product. No UK or EU investor
protection. How to Buy IBAT We’ve provided screenshots and a
step-by-step guide on how to buy IBAT. Step 1: Connect Wallet Check
out Battle Infinity’s website, and then don’t forget to click
‘Connect Wallet’. Step 2: Buy IBAT Input the amount of IBAT to buy
and click ‘BUY IBAT’. Step 3: Confirm Transaction Be sure to click
‘Confirm’ in the wallet. At the time of writing this piece, the
IBAT presale is 23% sold out. Visit the IBAT Presale Here.
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