In the past nine months, the crypto community has gone through a vicious bear market, with the total value of top assets plunging below 40%. From November 2021 to August 2022, the cumulative value of cryptocurrencies has declined from about $2.8 trillion to less than $1 trillion. Although cryptos are far more volatile than stocks, their price actions this year have mirrored movements in the stock market. All of which are driven by rising interest rates and global inflation.
Despite the back-and-forth price movements, some cryptos, especially P2E tokens and altcoins, have been waxing strong. If you have all it takes to withstand the ongoing war in the crypto market, here are eight cryptos with the most upside to investing before the year runs out.
8 Prime Cryptos With The Most Upsides
Here is a quick rundown of the elite cryptocurrencies you should invest in before the year ends.
- Tamadoge (TAMA) – Latest Meme coin gaining traction in the Metaverse
- Lucky Block (LBLOCK)– Most Innovative P2E platform on Binance Smart Chain
- Battle Infinity (IBAT) – Leading Fantasy Sports Crypto-gaming Universe
- DeFi Coin – Rapidly Growing Crypto within the DeFi Sector
- Solana – Number One Competitor To The Ethereum and Bitcoin Blockchain
- Binance coin – Official token of the fastest growing decentralized exchanges, Binance
- Shiba Inu – One of the best dog-themed memes coins with promising prospects
- Bitcoin – The Godfather of all cryptocurrencies
8 Prime Cryptos With The Most Upsides
Now that you have an overview of the cryptos with the most upsides this year, let’s review each token one after the other to understand why they’re suitable investments.
Tamadoge – Latest Meme coin gaining traction in the Metaverse
The ongoing crypto winter has had very minimal impact on the Tamadoge project. Released less than three months ago, the Tamadoge project has generated almost $12 million from its presales alone, proving that there are still many investors with plenty of liquidity in the Metaverse.
The Tamadoge team revealed that the project would be an immersive Play-to-earn platform with solely NFT games. Users will have a chance to enjoy an upgraded version of the Tamagotchi game while they mint multiple, unique, virtual NFT pets.
Lucky Block (LBLOCK) – Most Innovative P2E platform on Binance Smart Chain
The Lucky Block token is a relatively new crypto project trending in the Metaverse. It offers a unique product that allows users from anywhere worldwide to partake in online lottery NFT draws. The game is one of the most transparent, fair, and innovative platforms based on the Binance Chain.
LBLOCK is listed on PancakeSwap for $0.0004835 per token. The Lucky Block team recently announced that NFT holders are eligible to win life-changing prizes like 5-star holidays, Lamborghinis, UK properties, and $1 million worth of Bitcoin before and after the draws in the ongoing competitions.
Battle Infinity (IBAT) – Leading Fantasy Sports Crypto-gaming Universe
Battle infinity is another project to consider investing in based on its current and prospective upsides in the bearish crypto market. This project completed its presale launch, which was scheduled to run for three months in less than four weeks. The IBAT hard caps of about 16,500 BNB were sold in 25 days.
The token is now available on PancakeSwap, Coingecko, LBANK, Coin98 Exchange, and Coin Market Cap. Compared to its presale price of $0.0015 per token, each token now trades for $0.0045 (an approximate gain of 200%). This is worth noting because it achieved this feat in a bearish crypto market.
The most ingenious product offered by the Battle Infinity Universe is the premier league for Metaverse users. With the increasing love for football worldwide, this token is headed for even more significant upsides.
DeFi Coin – Rapidly Growing Crypto within the DeFi Sector
DeFi Coin is yet another rapidly growing cryptocurrency that seeks to use decentralized solutions to change traditional banking services DeFi Coin plans to accomplish this aim through its DeFi Swap exchange, which is nearing completion. Simply put, DeFi Swap will provide users from all over the world with access to a wide range of financial instruments, but in a decentralized environment.
Investors can buy tokens for long-term or short-term use. They can also utilize the platform to earn passive income using their idle tickets using DeFi Swap’s yield farming and staking services. Staking can be described as generating interest from a fixed wallet. You can decide to stake your coin for a few months to a year. There are several prospective services and products to be revealed in time. But, investors can only be eligible to use these services with the DeFi Coin Swap native token, the DeFi Coin.
Solana – Number One Competitor To The Ethereum and Bitcoin Blockchain
Solana is an established project that is competing with the Ethereum and Bitcoin Blockchain to build decentralized applications for users. It is currently the second largest blockchain platform by market cap. With the help of this Blockchain and its tokens, users have been stripping away intermediaries to build scalable products.
The SOL token is primarily used to pay transaction fees for trades in the Metaverse and is popular among NFT holders for being a fast and reliable way to run smart contracts. Sol is preferable as a long-term investment as the current price is $35.50, a far cry from its all-time high of $260.
Binance coin – Official token of the fastest growing decentralized exchanges, Binance
In a brief period since its 2017 launch, Binance has become one of the most popular cryptocurrency exchanges worldwide. According to statistics, Binance has the highest daily activity of any cryptocurrency exchange and offers a wide range of features. For investors, BNB provides an incredible array of toolkits. For investors, it offers personalized API keys and personalized graphing. Additionally, investors can access comprehensive data on the Binance platform for analysis.
Shiba Inu – One of the best dog-themed memes coins with promising prospects
With an 800% price increase over the previous month, Shiba Inu, the meme-based cryptocurrency, has surpassed its long-standing rival, dogecoin. SHIB was created in 2020. Therefore, market analysts are unsure of its variations, but its performance against other prominent cryptocurrencies has exceeded many.
SHIB has outperformed the other top meme cryptocurrencies during the past few months. Despite having Elon Musk, the wealthiest man in the world, as a supporter, DOGE appears to have lost its cool. Although SHIB may not catch up to doge in price, it has a higher shot of flipping the market cap in its favor in a few months.
Bitcoin – The Godfather of all cryptocurrencies
The most well-known and popular crypto asset now in use is bitcoin, and it has a devoted following of convinced investors who think it may revolutionize the financial industry. Since its birth in 2009, Bitcoin (BTC), the first and most well-known cryptocurrency in the world, has pushed blockchain technology forward in a groundbreaking way.
Bitcoin was developed, in the words of its creator, Satoshi Nakamoto, to enable “direct online payments from one party to another without going through a financial institution.”
Now you know the top eight cryptocurrencies with the best upsides in 2022. Although you might still be skeptical about the short-term price swings in the crypto space, now might be an excellent opportunity to buy some valuable assets while they’re at their lowest level in years.