Now when we can see that the crypto market is beginning to rise again, it is a perfect time to invest. But what are the best crypto to invest in right now, and what to look for when searching for a good investment? Here are our top choices when it comes to investing in crypto now:
- Tamadodge – the best investment in 2022 overall,
- IMPT.io – a new ecosystem where you can invest in carbon credits
- Bitcoin – on the rise again, great for big investors,
- Ethereum – the second largest crypto coin in the world,
- Cardano – great for traders who are looking for versatility,
- Solana – can beat the ETH,
- Avalanche – fastest smart contracts platform.
What Is Happening With the Crypto Market?
If you haven’t lived under the rock the last couple of months, you probably already know that the crypto market is experiencing winter. The sudden drop in crypto prices, especially in Bitcoin, can be explained by the current situation in the world, where inflation is high alongside interest rates. The war in Ukraine is not helping this situation either.
However, in the last couple of days, we could see that things are starting to change and that the crypto market is slowly recovering. What happened is that the price of Bitcoin has risen by 5%, reaching $19,446.43. This has a positive impact on the whole global crypto market, causing an increase of 3% and helping it reach almost a one trillion dollar mark. Some crypto is performing better than others, so let’s go over a few that are definitely worth buying.
Tamadodge – The Best Investment in 2022 Overall
Tamadoge is a new unique meme coin with great features and an excellent price. Unlike other meme coins we have the opportunity to see (Dogecoin), the TAMA coin is a token coin with utilization and a high deflamatory design.
The TAMA coin is used in the Tamadoge game, where users can grow, breed, and battle their NFT visual pets. According to the Tamadoge white paper, each month, 5% of all used TAMA coins will be burned to prevent inflation, while 65% of the used coins will be distributed as a prize to players who collect the most Dogepoints.
The presale of the TAMA coin was extremely successful, and the project has risen to almost 19 million dollars. Currently, TAMA is available on OKX and OKX DEX, and the price is $0.03. Many experts predict that this price will grow 10x by the end of 2023, while some speculate that the growth will be 50x.
Aside from the fact that Tamadoge is a fun game to play, it is also a good project that will keep people’s attention. So, if you are looking for the next crypto to go on a bull run, don’t miss this opportunity and buy your TAMA coins now when the price is low.
IMPT.io – New Ecosystem Where You Can Invest in Carbon Credits
Impt.io is a new ecosystem based on blockchain that connects over 10,000 companies and brands that wish to reduce their carbon footprint. Companies, investors, and individuals can connect on the Impt.io network to purchase carbon credits and contribute to sustainable and eco-friendly projects. If your company have carbon emission that can not be avoided through this network, you can reduce your carbon footprint. Impot.io is a platform where you can trade or hold your carbon credits and invest in projects that are socially responsible.
The native token of the network is IMPT which is currently available on the platform website on presale. You can purchase IMPT for $0.018 until the presale is over on 25 November.
To buy carbon credits, users must sign in to the platform and purchase IMPT tokens for credit cards or other cryptos. Later on, users will be able to mint carbon credits with their IMPT tokens and get NFTs carbon credits. What is best is that the mining facility is powered by a surplus supply of clean, green, renewable energy. The energy comes from hydroelectricity that is generated in the foothills of New Zealand’s Southern Alps.
Also, users will be able to earn IMPT tokens while shopping for their favorite brands through the platform’s online widget.
Bitcoin – On the Rise, Great for Big Investors
There is no doubt that investing in the world’s most popular crypto will not be a mistake. However, not everybody can afford to invest this much in a crypto world. But if you are a big player, then don’t hesitate to make a purchase. Currently, the price of BTC is $19,446.43, and it is on the rise by 5%. Do not doubt this price will rise again, and BTC will most definitely retain its former glory. BTC is not only the most popular crypto coin but also the coin that is used the most, and this use case will only grow for BTC. If you don’t have enough money to invest in BTC, you can always buy a fraction of BTC.
Ethereum Has the Second Largest Crypto Coin in the World
The second largest in price and popularity right after BTC is ETC, a crypto coin on the Ethereum blockchain platform. This coin is especially popular for its application of smart contracts and NFTs. The current price of ETH is about 1,320, with 5.6% growth in the last seven days with a circulating supply of 120 million coins.
Just like BTC, Ethereum is not going anywhere, either. It is an open-source platform for decentralized applications, meaning anyone can build applications in a decentralized way, where all the information is distributed and publicly accessible. Also, the usage of smart contracts is more and more popular in many industries, which is only going to increase its price further.
Cardano – Great for Traders Who Are Looking For Versatility
Another blockchain platform with its own coin is Cardano, and that coin is ADA. This blockchain network gained its popularity by introducing the first-ever proof-of-stake protocol that allows users to have fast and efficient eco-friendly transactions. The current price of ADA is $0.43, and it is growing by 1%, with a circulating supply of 34 Billion ADA coins.
It is a relatively cheaper coin compared to others, and this is mostly because the coin and this blockchain technology are relatively new. According to some experts, ADA will be around $2 by the end of 2025. Cardano blockchain technology has a lot of potential in diversifying its utility, so the price may not be the only reason why you would want to invest in this project.
Solana – Can Beat the ETH
If you like Ethereum, then you will like Solana even more. This blockchain network is open-sourced, and it supports smart contracts, NFTs, and decentralized apps (DApps) the same as Ethereum, only that Solana has the lowest gas fees and faster transactions. The network native coin is SOL which users can use to pay for gas fees and other transaction fees. Also, you stake SOL and earn rewards by holding it. The current price of SOL is $33.94, with 7.8% growth in the last seven days and a circulating supply of 350 million SOL. With that in mind, it’s no surprise users of Ethereum are switching to Solana due to its lowest fees and faster transactions.
Avalanche – Fastest Smart Contracts Platform
If you are looking for a coin with the biggest potential for long-term growth, many experts speculate Avalanche AVAX is the coin to observe. This is a “layer one” blockchain where three individual blockchains independently validate transactions. This makes the Avalanche network more scalable than Ethereum or Bitcoin. The current price of Avax is $17.05, with 2.6% growth in the last seven days and a circulating supply of 300 million AVAX coins.
What to Look for When Searching for the Best Crypto to Invest In?
Looking at the coin behavior on the market is important when looking for the crypto to invest in. However, you should look at the bigger picture and the global economy. For example, BTC will always have a use case since it is the most accepted crypto coin in the world. On the other hand, you should look for industries that will continue to make a profit, like the gaming industry.
Investing in the gaming industry will not be a mistake, but you need to find the right project. Tamadoge is on top of our list because it has an excellent road map and a strong community supporting this project. And right now, the price is low, which means you can invest without high risks.
#Cryptos #Set #Rally