Bitcoin is the largest and most popular cryptocurrency; it is traded around $20,000 with a market cap of $433 billion. Yet, investors are looking for new cryptocurrencies that can do even better than Bitcoin.
Top 6 altcoins that could prove to be Bitcoin killers
Here is a brief overview of the best altcoins to invest in in 2022.
- Tamadoge – The game based on a meme coin with innovative use of NFTs
- Battle Infinity – The best altcoin to buy now
- Lucky Block – The best new cryptocurrency to buy
- Ethereum – Crypto that will become bigger than Bitcoin
- Dogecoin – Cheap altcoin with high potential
- Decentraland – One of the best altcoins with the most potential
A close look at the 6 new altcoins that could prove to be Bitcoin Killers
After the recent correction in the cryptocurrency market, many investors are wondering what is worth investing in right now. What is the best altcoin to buy now? Below we take a closer look at the best altcoins to buy now in August 2022, which are more convenient opportunities to hold in your portfolio compared to Bitcoin.
Tamadoge – The game based on a meme coin with innovative use of NFTs
Tamadoge dominates the list of potential Bitcoin killers because of its innovative approach that makes it a meme coin with potential to be harnessed in the real world.
Tamadoge is a meme coin used in a play-to-earn game that allows players to interact with each other through animals. Virtual puppies in NFT format must be fed and raised and then compete in battles that allow players to earn points. The first on the leaderboard who scores the most points wins the prize up for grabs each month in the Dogepool.
The strength of this meme coin project is that it is a fun game that can attract everyone’s attention, even outside the strictly crypto-related sphere of interest.
Players purchase NFTs from Tamadoge’s store. Each NFT is a three-dimensional animal and can also be used as an avatar in other metaverses. This means that the NFTs on this platform offer the advantage of interoperability and are among the most innovative.
The prize that accrues to the top performer each month is generated by the sales that occur in the Tamadoge Store.
- 65% of all sales make up the final prize.
- 30% is used to support marketing and platform development.
- The remaining 5% is used to burn $TAMA tokens while maintaining their deflationary nature.
Tamadoge’s roadmap is also interesting. Once the animals are launched in the last quarter of this year, the team will launch partnerships with other metaverses. Then, in the second half of 2023, the team plans to launch the P2E Tamadoge arcade game associated with an augmented reality app to be operational by the end of the year.
In short, Tamadoge represents the perfect opportunity to take advantage of the full potential of an innovative meme coin. The project is currently in the pre-sale phase, while the beta phase of the TAMA token pre-sale ended prematurely by successfully raising $2 million. Over $11 million has been raised so far and you can buy 1 USDT for 40 TAMA tokens. Don’t miss this opportunity to get maximum returns, considering that Tamadoge will also be listed on the CEX Lbank soon.
Battle Infinity – The best altcoin to buy now
In our opinion Battle Infinity is one of the best altcoins to buy now. The decentralized project offers a play-to-earn (P2E) system in which users can access various Decentralized Finance (DeFi) protocols and earn rewards associated with the game.
The main feature focuses on the Battle Arena, the metaverse ecosystem around which Battle Infinity’s offerings revolve. To take part in this P2E-like ecosystem, users use native IBAT tokens. When users win the prizes up for grabs, they receive IBAT tokens that open up numerous possibilities.
For example, tokens can be deposited in the Battle Stake, the decentralized exchange (DEX) where IBAT can be exchanged for other crypto tokens.
IBAT can also be staked to earn an interest on the deposit in the IBAT Battle Stake. Battle Infinity is one of the best NFT projects with metaverse that can allow users to customize their own avatar, minted as NFT through a smart contract.
Battle Infinity will develop its own metaverse in which users can be part of a virtual community through VR visors and participate in events and concerts within this virtual ecosystem. The token recently concluded its pre-sale phase successfully, a full 66 days early. In total, 16,500 BNB were raised for a value of just over $5 million. Of note, the second half of the campaign ended in less than 24 hours. The token will soon be listed on major crypto exchanges; today it is listed on PancakeSwap and Lban as well as CoinGecko..
To stay up to date, subscribe to Battle Infinity’s Telegram channel.
Lucky Block – The best new cryptocurrency to buy
Lucky Block is another NFT project that has just arrived and is also the best buying opportunity in August 2022. It is an NFT-based draw platform that allows users to win crypto and NFT every week. Players can enter the NFT Platinum Rollers Club to hope to win prizes.
Lucky Block uses the platform to maintain LBLOCK, the native token. Users have a chance to win prizes of up to $50,000 bestowed in LBLOCK. To participate in the draws, players must buy at least five tickets worth $1 each.
LBLOCK was listed last January and rewarded its holders with an ROI of more than 1.100% in the first two weeks.
The price currently hovers around $0.0009, and LBLOCK stands as one of the most promising cryptocurrencies to buy in 2022. LBLOCK V1 is listed on PancakeSwap and the project’s V2 token (ERC20) is listed on Gate.io, LBank, MEXC and Uniswap. Both share the same maximum supply.
Ethereum – The crypto that will become bigger than Bitcoin
Ethereum is the leading altcoin in crypto, with a market capitalization of $183 billion. It is the second largest cryptocurrency and has the potential to become one among those that outperform Bitcoin.
Ethereum is an open-source, decentralized network that allows smart contracts to be developed to design various protocols in DeFi, DApp and NFT projects. Last April, there was a staggering volume of daily transactions related to NFTs worth more than $50 billion on the Ethereum network.
Now Ethereum is trading above $1,800, well below its all-time high of $4,900.
Dogecoin – Cheap altcoin with high potential
Dogecoin is one of the most popular cryptocurrencies; open-source, it was launched in 2013 and is based on a Proof-of-Work (PoW) consensus protocol.
It actually owes its popularity to the huge support it has gained from the community on social media, led by the richest man on Earth. Doge is known to have seen an incredible rise in price due to the support it received from Elon Musk, CEO of Tesla. In the past, Doge has enjoyed special attention thanks to the spotlight turned on by Musk’s pro-token tweets.
The cryptocurrency experienced its best period during 2021, jumping from $0.004 in January to the ATH of $0.73 in May. Since then, however, the token has undergone a 90% correction and is now trading at $0.06.
Decentraland – One of the best altcoins with the most potential
Investors looking for an asset to differentiate their portfolio may be interested in one of the best crypto metaverse of 2022, Decentraland.
Decentraland is a virtual game based on plots of land that users can buy, sell, build on, and through which they have the chance to win game-related rewards. MANA is the exchange token within this platform that can be used to facilitate transactions and to reward users.
The year 2021 has been very satisfying for MANA, which starting from $0.08 at the beginning of the year peaked at $5.90 in November, with a growth of 7.275%.
What is a Bitcoin Killer?
The term ‘Bitcoin Killer’ refers to an altcoin with the potential to exceed Bitcoin’s market capitalization. Right now Bitcoin is the largest cryptocurrency with a capitalization about three times greater than its largest competitor Ethereum.
Where could investors find an altcoin up to the challenge to buy right now? Our advice falls on Tamadoge as the best option. While still in its infancy, Tamadoge promises to deliver a complex project consisting of a virtual world in which users can earn money by playing and make profits from their tokens through staking, swapping and investing.
How to Buy Tamadoge (TAMA)
Below we show how to buy TAMA, one of the best cryptocurrencies to invest in today.
Step 1: Open an Ethereum wallet.
You must download an Ethereum-compatible wallet, such as MetaMask, to buy TAMA.
Click on “Download” to download MetaMask.
Step 2: Buy ETH or USDT
ETH or USDT are needed to purchase TAMA tokens. Therefore, interested investors must purchase ETH or USDT through one of the major exchange services. Otherwise, they can choose to purchase the tokens through the fiat on-ramp option available on the presale dashboard.
Step 4: Link MetaMask to the dashboard of the presale.
Access the Tamadoge presale page and click on “Connect Wallet” to connect MetaMask to Tamadoge;
You can choose the MetaMask option and follow the instructions to connect the wallet to the presale page.
Step 5: Buy TAMA
Once connected you can choose to buy Tamadoge through one of the following options:
For example, to buy TAMA with ETH simply enter the amount of TAMA you wish to purchase.
Once the presale is over you will be able to redeem the purchased TAMA
*This item has been paid for. The Cryptonomist did not write the article or test the platform.