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Altcoins are all alternative cryptocurrencies except Bitcoin in the digital asset space. In the past, popular meme tokens like Doge have exploded with the help of Elon Musk’s social media support.
However, this guide will discuss the new altcoins that are coming out and the next altcoins that will explode in 2022.
The Top 7 New Altcoins That Could Explode In Place Of Elon Musk’s Doge In 2022
A Closer Look at 7 New Altcoins That Could Explode in 2022
Users must be wondering what is the next altcoin to explode? Therefore, we decided to review some of the potential options available in the market and the best new altcoins to invest in 2022.
1. Battle Infinity – Best New Crypto To Invest In
We recommend Infinity Battle as one of the best new cryptos to invest in. We found this decentralized crypto project unique as it offers various play-to-win (P2E) features on its metaverse platform – Battle Arena.
IBAT, the native token of the platform, is used to control the entire virtual ecosystem of Battle Infinity. IBAT tokens are distributed from global liquidity pools, where a percentage of IBAT is deposited per trade.
One of the main features is the IBAT Premier League – the world’s first NFT-based sports fantasy league. Users can earn in-game rewards through IBAT and exchange them with other cryptocurrencies through the Battle Swap – a decentralized exchange (DEX).
Another feature is the Battle Stake, which allows users to deposit their IBAT and earn interest and a potentially high Annual Percentage Yield (APY).
The Battle Arena allows users to participate in a virtual ecosystem, where players have their unique avatars created as NFTs using ERC 721 smart contracts.
IBAT tokens were launched at the presale price of $0.0015 on July 11. Therefore, this token may have great potential for growth as the developers plan multiple mainnet rollouts, DEX launch, and marketing campaigns in the future.
Join the Infinity Battle Telegram group to stay up to date with upcoming news and updates surrounding the platform.
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.
2. Lucky Block – Best New NFT Competitions Platform
LBLOCK is the native token of lucky block, an NFT-based competition platform featuring a weekly main and NFT draw held every Friday. To participate, users can purchase tickets starting at $1, while free tickets are offered to those who hold more than $500 worth of LBLOCK.
Users have a chance to win up to $50,000 in rewards, distributed through LBLOCK. This decentralized platform has developed two coins: a BEP 20 token for DEXs and an ERC20 token for centralized exchanges (CEX). While the BEP20 version charges 12% sales tax per transaction, the ERC 20 token incurs no fees.
LBLOCK has listed the ERC20 token on LBLOCK, a centralized exchange.
Currently, users can buy Lucky Block for $0.0009 per token.
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.
3. Shiba Inu – Popular Meme Piece for 2022
shiba inus is an Ethereum-based altcoin that emerged in 2020 as one of the best meme coins in which to invest. Riding on the success of Doge, the developers of Shiba named their token the “Dogecoin Killer”.
While the token started out as a joke, it shot up 5000% between April and November 2021. Shiba Inu managed to flip Doge in October 2021. After hitting an ATH of $0.00008, Shiba Inu experienced a high volatility throughout 2022. Shiba Inu is 85 years old. % below its ATH, trading at $0.000012.
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.
4. Decentraland – Metaverse Altcoin for 2022
Decentralized became a popular metaverse project in 2022. This Ethereum-based 3D virtual ecosystem allows users to build and plot virtual real estate. Virtual real estate plots are divided into plots of LAND – which are represented as NFTs via ERC 721 protocols. LAND can be traded and sold with MANA – the native crypto token.
Since its inception, the token has rewarded investors with a return on investment (ROI) of 3,700%. With a lot of potential, Decentraland can become one of the altcoins that will explode in 2022.
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.
5. SushiSwap – Multi-Utility Altcoin
SushiSwap is an Automated Market Maker (AMM), a DEX that creates smart contracts to create markets for a given pair of crypto tokens. The native token of this platform is SUSHI – an Ethereum-based protocol which is also used as a governance token for SushiSwap.
Users can also use SushiSwap to trade, lend, and stack returns on their cryptos. SUHI can also be used as a staking token to earn interest.
Between October 2020 and March 2021, SUSHI grew by more than 4,400% growth.
After hitting an ATH of $23, SUSHI is trading at $1.43 per token.
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.
6. ApeCoin – Top new cryptos to invest in
The monkey coin is a new cryptocurrency meme launched in March 2022. The token is one of the most popular altcoins in 2022 as it is the Bored Ape Yacht Club (BAYC) utility token – the infamous NFT collection.
BAYC NFTs are built on the Ethereum network and have a market capitalization of 931,938 ETH or 1.49 billion USD.
After launching at $7.26, ApeCoin reached an ATH of $39 in May. However, the token fell to $6.39 per token.
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.
7. Polygon – The next Altcoin to explode
Polygon is a well-structured network that aims to scale the Ethereum network to promote mass adoption at short intervals. The platform uses Optimistic rollups, an L2 protocol used to improve the scalability of blockchains.
MATIC, Polygon’s native token, is an ERC-20 protocol used for network payment services and on-chain transaction fees. MATIC rewarded early adopters with a whopping 20,228% ROI.
Users can buy Polygon for $0.92 per token.
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.
How to buy IBAT
The sections below show users how to buy Battle Infinity (IBAT) – the best new altcoin to invest in 2022.
Step 1: Set up a BSC-compatible wallet
Users can download a BSC compatible wallet such as MetaMask to purchase Battle Infinity.
Click “Download” to get started with MetaMask.
Step 2: Connect MetaMask to BSC
To add the BSC after downloading MetaMask, click on “Add network” and insert the following information:
- Network Name: Smart Channel
- New RPC URL: https://bsc-dataseed.binance.org/
- Channel ID: 56
- Symbol: BNB
- Block Explorer URL: https://bscscan.com
Click “Save” to continue.
Step 3: Buy BNB
To buy Battle Infinityusers must first buy Binance coins. Users can find a suitable crypto exchange, buy the tokens and transfer them to their MetaMask wallet.
Step 4: Link MetaMask to the presales dashboard
Head to the Battle Infinity Presale Siteand click “Connect Wallet” to link MetaMask to Battle Infinity.
Users can then choose the MetaMask option and follow the instructions to link the wallet to the presale.
Step 5: Buy IBAT (Infinity Battle)
Users can simply scroll to the “Buy IBAT” open order position to continue.
Enter the amount of IBAT they wish to purchase and click “Buy IBAT” to confirm the transaction.
Conclusion
After reviewing the best altcoins on the market, we recommend Battle Infinity as the best cryptocurrency to invest in. After just a week of pre-sale (IBAT) Battle Infinity, the token raised over $600,000 in the first round of initial funding.
Since IBAT has successfully met its soft cap goal, the platform will begin with the game development and beta testing phase.
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU.