The current crypto market could explode from these low levels. 2022 was a year to forget, but 2023 could be the year that many high-potential cryptocurrency projects start to gain momentum within the crypto industry. For investors looking to prepare ahead of the next crypto bull market, here are the eight best cryptos to buy right now:
- Metacade (MCADE)
- Litecoin (LTC)
- Axie Infinity (AXS)
- Solana (SOL)
- Binance Coin (BNB)
- Algorand (ALGO)
- Bitcoin Cash (BCH)
- Cosmos (ATOM)
1. Metacade (MCADE)
Metacade will become the biggest on-chain arcade, which makes it the best crypto to buy right now. Although this crypto project is still in its early development stages, it is showing immense future potential due to its unique characteristics as a GameFi platform.
While most play-to-earn crypto games offer just one gameplay experience, Metacade offers a broad selection of different play-to-earn games in a single location. This can help keep the community engaged for longer, offering vast earning potential in some of the hottest arcade games around.
The platform will also become a central hub for Web3 and GameFi users to meet up, share information, and earn MCADE token rewards in a number of ways. The Create2Earn feature will reward users for contributing to the community, which can involve sharing alpha, posting game reviews, or interacting with other gamers and crypto enthusiasts directly.
One of Metacade’s most stand-out features is that it aims to drive progress for the entire blockchain gaming space (and the crypto space too). It will create jobs for GameFi enthusiasts – both part-time and full-time – and also fund the future of play-to-earn arcade games through its Metagrants program.
Why buy MCADE?
The MCADE crypto token is brand-new, which gives it huge upside potential from the current price level. Since the platform is capable of becoming a leading crypto projects in the GameFi sector, it could post gains in excess of 200x before the next bull market. This makes Metacade the best crypto to buy right now.
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2. Litecoin (LTC)
Litecoin (LTC) is the second-best crypto asset buy right now. It was created in 2011 as a fork of the Bitcoin blockchain. It works similarly to Bitcoin, but Litecoin transactions are faster and less expensive. Litecoin, described as the silver to Bitcoin’s gold, has a higher transaction throughput and faster block finality when compared with Bitcoin.
Litecoin is governed by an open-source protocol that is governed by a decentralized crypto community. Developers can propose updates to the Litecoin blockchain, as it was created as a democratic peer-to-peer payment solution without a single central authority that controls it.
Since Litecoin uses the same proof-of-work consensus mechanism as Bitcoin, it is an extremely secure method of processing digital payments. Litecoin has become popular as a more scalable alternative to Bitcoin due to its low transaction fees, fast speeds, and energy-efficient blockchain solution.
Why buy LTC?
Litecoin has high potential as a digital payment option for merchants, both online and offline. Since it has a faster block finality than Bitcoin and cheaper fees, it is better suited to micropayments than its older counterpart. LTC’s future value is expected to far exceed its current $80 price level, which is a key reason why it’s one of the best cryptos to buy right now.
3. Solana (SOL)
Solana (SOL) is the fourth-best crypto to buy right now. It is an open-source proof-of-stake (PoS) blockchain that provides a high-performance platform for developers to create decentralized applications. The SOL protocol is unique in that it combines PoS with proof-of-history to process transactions almost instantly and at a low cost to its users.
Solana’s breakthroughs with blockchain technology reduce block times from minutes to milliseconds, allowing it to deliver up to 50,000 transactions per second – far beyond competitors such as Bitcoin and Cardano.
Solana’s innovative PoS model ensures maximal decentralization by granting each validator the same rights and responsibilities in the consensus process. All of these qualities make Solana one of the most attractive options out there for developing decentralized technologies.
Why buy SOL?
After a major price decline towards the end of 2022, SOL looks significantly underpriced for the innate value that the ecosystem contains. Not only is it a high-performance blockchain, but it is also home to many useful digital services, including NFT projects, DeFi (Decentralized Finance) services, and blockchain-based games.
SOL is expected to rise significantly from its current price level, which makes it one of the best crypto assets to buy right now. From the $15 level, SOL could rise 20x to reclaim its previous all-time high.
4. Binance Coin (BNB)
BNB is the fifth-best crypto to buy right now. It is a platform-specific cryptocurrency (native token) created to facilitate transactions within the Binance ecosystem, which is a growing network of loosely connected blockchain-based services.
Primarily, Binance is a centralized exchange (CEX), but the company has also created a layer-1 blockchain called Binance Smart Chain and several decentralized services, including Trust Wallet and Binance decentralized exchange (DEX).
The BNB token can be used to minimize trading fees on Binance CEX. It can also be staked to earn rewards and used to send digital currency across the world both rapidly and cheaply.
Why buy BNB?
After the collapse of FTX, Binance is expected to capture an increasing percentage of the total cryptocurrency market share for CEXs. It is already the biggest CEX and could grow to have a monopoly of sorts over the cryptocurrency markets due to its useful trading and custody services.
The BNB token looks likely to break through the $1000 mark over time. With that in mind, BNB is one of the best crypto assets to buy right now at the $250 price level.
5. Algorand (ALGO)
Algorand (ALGO) is an open-source layer-1 blockchain that has been designed to facilitate secure transactions with instant finality. Its key feature is its innovative consensus protocol, which allows it to perform computationally-hard tasks in as little as one second.
Algorand aims to make cryptocurrency and blockchain technology accessible for all by providing anyone with the tools necessary to safely store crypto, transact peer-to-peer, and interact with the blockchain’s dApps.
Why buy ALGO?
Algorand is one of the earliest solutions to the ‘blockchain trilemma,’ which states that a blockchain must compromise on either security, decentralization, or scalability in order to operate. For this reason, it is one of the best crypto assets to buy right now at the $0.20 level.
6. Axie Infinity (AXS)
Axie Infinity (AXS) is the third-best crypto to buy right now. It is a blockchain-based collectible game where players battle, breed, and raise fantasy creatures known as Axies. Axies are minted as non-fungible tokens (NFTs) on the Ethereum blockchain, with Axie Infinity being a pioneer of play-to-earn, NFT-based games.
Players can join tournaments and challenge other players to player v player (PvP) matches for fun, with integrated financial rewards for all participants. Rewards are paid out in AXS tokens, which can also be used to vote on governance proposals in the Axie Infinity DAO.
The game provides an exciting new way for gamers to take ownership of their characters, progress faster regardless of their initial skill level, and earn crypto rewards automatically while playing the game.
Why buy AXS?
AXS was one of the highest-gaining tokens during the 2021 bull market, rising 300x from January to November. In October of that year, Axie Infinity was attracting 2 million users on a daily basis, which made it the most popular GameFi platform at the time.
With a strong community of users and a unique gameplay experience, AXS is one of the best crypto assets to buy right now. The token has fallen significantly from its all-time high and looks likely to post major gains to reclaim its previous price level.
7. Bitcoin Cash (BCH)
Bitcoin Cash (BCH) is the seventh best crypto to buy right now. It is a cryptocurrency that was created in 2017 as a hard fork of the Bitcoin blockchain. Bitcoin Cash was designed to increase the number of transactions that could be processed by eight times compared to the original Bitcoin, thus making Bitcoin Cash a much more scalable blockchain solution.
Additionally, Bitcoin Cash offers lower transaction fees than its predecessor due to it having an 8MB block size compared to Bitcoin’s 1MB block size. As a result of this increased capacity, Bitcoin Cash has become a top 100 cryptocurrency by market capitalization.
Why buy BCH?
BCH has a dedicated community of holders, and the token looks likely to increase significantly from its current price level. After reaching an all-time high at $2800, BCH failed to break this level in 2021. However, its current value at $110 is likely to produce major gains, making it one of the best cryptos to buy right now.
8. Cosmos (ATOM)
Cosmos (ATOM) is the eighth-best crypto to buy right now. It is a decentralized, open-source network of independent blockchain protocols, as Cosmos was one of the earliest solutions to the interoperability drawbacks facing layer-1 blockchains.
Cosmos delivers a fast, scalable, and secure method of processing digital payments, and its unique interoperability solution places it as an important blockchain in the wider Web3 ecosystem.
Why buy ATOM?
ATOM looks set to grow substantially from the current price level. Currently, at the $10 mark, ATOM is ready to reverse the current bearish trend and move towards its previous all-time highs. It could produce over 10x gains, which makes it one of the best cryptos to buy right now.
Metacade is, without a doubt, the best crypto to buy right now
The MCADE token presale is a rare opportunity to get involved in a high-potential GameFi project in its earliest stages. These opportunities often produce insane returns for participants, which makes Metacade the best crypto to buy at the current price level. Currently, Metacade can’t be purchased through a centralized exchange or even a decentralized cryptocurrency exchange. Instead, it can be purchased directly through their crypto presales launch.
MCADE was launched at $0.008 per token – a value that will rise to $0.02 before the end of the presale. Crypto investors need to be quick to buy MCADE because each funding round is expected to sell out completely. It’s a 100x gem that looks like the perfect addition to any crypto portfolio.