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Altcoins are all alternative cryptocurrencies except Bitcoin in the field of digital assets. 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 emerging altcoins and the next altcoins set to explode in 2022.
The top 7 new altcoins that could explode in 2022 instead of Elon Musk’s Doge
A closer look at the 7 new altcoins that could explode in 2022
Users must be wondering what is the next altcoin to explode? That’s why we decided to review some of the potential options available in the market and the best new altcoins to invest in in 2022.
1. Battle Infinity – Best new crypto to invest in
We recommend Fight infinity as one of the best new cryptos to invest in. We found this decentralized crypto project unique as it offers various play-to-earn (P2E) features on its metaverse platform – Battle Arena.
IBAT, the platform’s native token, is used to drive the entire Battle Infinity virtual ecosystem. IBAT tokens are distributed by global liquidity pools where a percentage of IBAT is deposited per transaction.
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 via IBAT and exchange them for other cryptocurrencies via 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 Return (APY).
The Battle Arena lets users participate in a virtual ecosystem where players have their unique avatars imprinted as NFTs using ERC 721 smart contracts.
IBAT tokens were launched on July 11 at a pre-sale price of $0.0015. Therefore, this token may have great growth potential as developers eye multiple mainnet deployments, DEX launches, and marketing campaigns in the future.
Join the Battle Infinity Telegram Group to stay up to date with upcoming platform news and updates.
Visit the IBAT advance sale
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2. Lucky Block – Best New NFT Competitive Platform
LBLOCK is the native token of Lucky Block, an NFT-based competition platform that offers a weekly main draw and an NFT draw every Friday. To participate, users can purchase tickets starting at $1, while holders of LBLOCK worth more than $500 will get free tickets.
Users have a chance to earn up to $50,000 in rewards distributed through LBLOCK. This decentralized platform developed two coins: a BEP 20 token for DEXs and an ERC20 token for centralized exchanges (CEXs). While the BEP20 version charges a 12% sales tax per transaction, the ERC 20 token has no fees.
LBLOCK has listed the ERC20 token on LBLOCK, a centralized exchange.
Currently, users can buy Lucky Block for $0.0009 per token.
Visit the Lucky Block site
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
3. Shiba Inu – Popular meme coin for 2022
Shiba Inu is an Ethereum-based altcoin that emerged as one of the best meme coins to invest in in 2020. Building on Doge’s success, Shiba’s developers dubbed their token Dogecoin Killer.
While the token started out as a joke, it surged 5,000% between April and November 2021. Shiba Inu managed to flip Doge in October 2021. After hitting an ATH of $0.00008, Shiba Inu experienced high volatility throughout 2022. Shiba Inu is 85% below its ATH and is trading at $0.000012.
Buy Shiba Inu on eToro
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4. Decentraland – Metaverse altcoin for 2022
Decentraland emerged as a popular Metaverse project in 2022. This Ethereum-based 3D virtual ecosystem allows users to build and plot virtual properties. The virtual real estate lots are divided into LAND pieces represented as NFTs over ERC 721 protocols. LAND can be transacted and sold with MANA – the native crypto token.
Since its launch, 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 set to explode in 2022.
Buy MANA on eToro
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
5. SushiSwap – Multi-utility altcoin
SushiSwap is an Automated Market Maker (AMM), a DEX that creates smart contracts to create markets for a specific pair of crypto tokens. The native token of this platform is SUSHI – an Ethereum-based protocol that is also used as the governance token for SushiSwap.
Users can also use SushiSwap to swap, lend, and stack the earnings of their cryptos. SUHI can also be used as a staking token to earn interest.
Between October 2020 and March 2021, SUSHI recorded a growth of more than 4,400%.
After reaching an ATH of $23, SUSHI is trading at $1.43 per token.
Buy SushiSwap on eToro
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
6. ApeCoin – Top new crypto to invest in
The Ape Coin is a new meme cryptocurrency launched in March 2022. The token is one of the most popular altcoins in 2022 as it is the utility token of the Bored Ape Yacht Club (BAYC) – the infamous NFT collection.
The BAYC NFTs are based on the Ethereum network and have a market capitalization of 931,938 ETH or 1.49 billion USD.
After starting at $7.26, ApeCoin reached an ATH of $39 in May. However, the token has fallen to $6.39 per token.
Buy ApeCoin on eToro
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
7. Polygon – The next altcoin to explode
Polygon is a well-structured network that aims to scale the Ethereum network to encourage mass adoption at short intervals. The platform uses Optimistic Rollups, an L2 protocol to improve blockchain scalability.
MATIC, Polygon’s native token, is an ERC-20 protocol used for network payment services and on-chain transaction fees. MATIC has rewarded first-time adopters with a tremendous return on investment of 20,228%.
Users can buy Polygon for $0.92 per token.
Buy Polygon on eToro
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
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 like MetaMask to buy Battle Infinity.
Click “Download” to start using MetaMask.
Step 2: Connect MetaMask to BSC
To add the BSC after downloading MetaMask, click Add Network and enter the following information:
- Network Name: Smart Chain
- New RPC URL: https://bsc-dataseed.binance.org/
- Chain ID: 56
- Symbol: BNB
- Block Explorer URL: https://bscscan.com
Click “Save” to continue.
Step 3: Buy BNB
To buy Battle Infinity, users must first buy Binance Coin. Users can find a suitable crypto exchange, buy the tokens and transfer them to their MetaMask wallet.
Step 4: Link MetaMask to Presale Dashboard
Go to the Battle Infinity pre-sale website and click “Link Wallet” to link MetaMask to Battle Infinity.
Users can then select the MetaMask option and follow the instructions to link the wallet to the presale.
Step 5: Buy IBAT (Battle Infinity)
Users can simply scroll down to the open order line “Buy IBAT” to continue.
Enter the amount of IBAT you want to buy and click “Buy IBAT” to confirm the transaction.
Conclusion
After reviewing the top altcoins on the market, we recommend Battle Infinity as the best cryptocurrency to invest in. After just a week of the pre-sale release of (IBAT) Battle Infinity, the token has raised over $600,000 in its first round of seed funding.
As IBAT managed to reach its soft cap goal, the platform is entering the game development and beta testing phase.
Visit the IBAT advance sale
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
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