Finding the best cryptocurrency to invest in 2022 for maximum return can be quite a daunting process. However, we have a solution.
During this guide, we will be looking at 8 of the best cryptocurrencies to invest in 2022 for 10x returns. Each of the projects we review has excellent fundamentals and strong price movement. Let’s start.
The Top 8 Best Cryptocurrencies To Invest In 10x August 2022
Each project we will review offers investors the potential for excellent returns. Although nothing is guaranteed, these projects are among the strongest on the market.
- Infinity Battle – Overall the best crypto to invest in for 10x
- lucky block – Extremely promising project with regular draws
- Chain link – Oracle project management
- Avalanche- Cheap Ethereum Rival
- Polygon – Exciting level 2 project
- Aave – Popular Lending Protocol
- KuCoin token – Leading Exchange Low Cost Token
- BitTorrent Token – Cheap P2P Protocol
A Closer Look at the 8 Best Cryptocurrencies to Invest in 10x August 2022
Below we have reviewed the best cryptos to invest in 2022. We have included projects from a wide range of sectors, to cater to investors of all specifications.
Battle Infinity – Best Crypto Overall To Invest In For 10x
Infinity Battle (IBAT) is a revolutionary new project that will combine some of the most popular sectors of cryptocurrency; Metaverse and play-to-earn games. Although only a few weeks old and still in pre-sale, Battle Infinity has already been KYC verified by CoinSniper and audited by Solid Proof, making it possibly the best cryptocurrency to invest in 2022.
The IBAT ecosystem is divided into six platforms, a fantasy sports league, a decentralized exchange, an NFT market, a P2E player versus player gaming platform, a Metaverse world with customizable avatars and a Dedicated staking that allows users to earn rewards on their crypto.
With more than enough utility and Battle Infinity raking in over $1 million in investments in the first two weeks of presale, it’s safe to say that Battle Infinity has a good chance of being the best cryptocurrency to buy. invest in 2022. IBAT telegram group to know more.
Lucky Block – Extremely promising project with regular raffles
When it comes to the best cryptocurrency to invest in 2022, few projects are as worthy of consideration as the competition platform Lucky Block (LBLOCK). The platform has used blockchain technology to reshape the sweepstakes industry by enabling fair draws and efficient distribution of rewards. Moreover, the project has the fastest cryptocurrency to reach a market capitalization of $1 billion, which speaks to the investment capacity of the project.
Lucky Block offers weekly raffles with prize pools of up to $50,000. Additionally, LBLOCK or Lucky Block NFT holders can claim rewards by voting for the next institution to receive a charitable donation from Lucky Block.
With the migration of the LBLOCK token to the ERC standard in the near future, centralized exchange listings are on the horizon starting with MEXC. As CEX listings tend to drive up token prices significantly, LBlOCK has the potential to be the best cryptocurrency to invest in 2022 in the near term.
Chainlink – Oracle Project Manager
Chainlink (LINK) is a well-established crypto project that allows on-chain applications to interact with off-chain data sources, massively opening up what is possible in the crypto world.
The project has grown exponentially in 2021, and with prices dropping significantly and demand for its services growing, Chainlink could be the best crypto to invest in 2022. With top-tier partnerships including Aave, there is a clear request for Chainlink’s services.
With the backing of well-known projects and a first-mover advantage, Chainlink has the potential to be the best cryptocurrency to invest in 2022 for the long term.
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU
Avalanche – Cheap Ethereum Rival
Although the Ethereum killer narrative has been made less important by the upcoming ETH 2.0 rollout, Avalanche (AVAX) is still one of the the most promising cryptocurrencies in 2022.
During the dApp explosion in 2021, many projects began to migrate to Avalanche, highlighting the demand for a fast, efficient, and cheap network for project development. The project offers massive throughput of 6,500 transactions per second and does not compromise on decentralization when scaled.
With demand for an Ethereum alternative still prevalent in the industry, Avalanche could be the best crypto to invest in 2022.
Polygon – Exciting Layer 2 Project
Polygon (MATIC) is a Layer 2 platform for Ethereum designed as a scaling solution. The Polygon network allows projects to enjoy the benefits of the Ethereum network without dealing with congestion and high gas fees.
With Polygon becoming one of the most widely used networks for building NFTs and dApps, it is in a great position to grow rapidly once the broader crypto market begins its recovery. Polygon has gained support from prolific exchanges like Binance and Coinbase, adding to the argument that it could be the best crypto to invest in 2022.
Polygon has enormous potential. The network is excellent and being built on Ethereum, it is also secure and highly decentralized. With that in mind, it could be the best cryptocurrency to invest in 2022.
Aave – Popular Lending Protocol
Lending protocols like Aave (AAVE) have grown tremendously in popularity over the past couple of years, as they allow investors to temporarily spend their crypto without worrying about capital gains tax.
Aave is one of the most well-known projects in the sector and has enormous growth potential. The AAVE token derives its value from being a governance token and offers platform users lower fees when transacting.
With massive demand for secure lending services, Aave might just be the best cryptocurrency to invest in 2022.
KuCoin Token – Low Cost Token from Leading Exchange
KuCoin is one of the most widely used crypto exchanges in the market. The KuCoin (KCS) token powers the platform and, like most other exchange tokens, has shown impressive strength during the recent downturn.
Aside from reduced fees and access to exclusive offers and contests, KCS generates value by offering investors who hold six or more tokens a dividend of 50% of the exchange’s daily trading fee.
With KuCoin growing in popularity and attracting users due to its community-centric nature, KYC could become the best cryptocurrency to invest in 2022.
BitTorrent Token – Cheap P2P Protocol
BitTorrent was a hugely popular peer-to-peer file sharing service that was launched in 2021. However, in 2018 it was acquired by TRON, with new features including the BitTorrent Token (BTT) rolled out later .
Following the migration to BitTorrent new, this token may well be the best new crypto to invest in 2022. It has the backing of an established company and with the largest P2P network in the world, it seems to be just a question of time before this asset takes off.
While BTT is struggling to gain traction (much like TRON), it is synonymous with the largest P2P network in existence and therefore offers clear value.
How to buy IBAT
Below we have included a detailed breakdown of how to buy IBAT, the best cryptocurrency to invest in 2022.
Step 1 – Register with an Exchange
As BNB is required to buy IBAT, an investor must first register with a regulated exchange like eToro.
Crypto-assets are a highly volatile unregulated investment product. No investor protection in UK or EU
Step 2 – Deposit and Buy BNB
Next, click on “Deposit funds”, decide on the amount to invest and press “Deposit”. Next, click on the search bar, enter “BNB”, press “Trader”, choose the amount of BNB to buy and press “Open Trade”.
Step 3 – Create a Metamask and Send BNB
Before purchasing IBAT, an investor must create a MetaMask wallet by downloading the browser extension or mobile app and following the on-screen instructions. After that, change the wallet to Binance Smart Chain and withdraw the BNB from eToro to MetaMask using the eToro Money Wallet.
Step 4 – Connect the wallet and buy IBAT
Finally, head to the IBAT presale website, click on “Connect Wallet”, select MetaMask and confirm the connection. Then scroll down, choose the amount of IBAT to buy and press “Buy IBAT”. The tokens will be immediately sent to the MetaMask wallet.