Finding the best cryptocurrency to invest in 2022 for maximum returns can be a rather arduous process. However, we’ve got a solution.
During this guide, we’ll be taking a look at 8 of the best cryptocurrency to invest in 2022 for 10x returns. Each of the projects we’re reviewing has excellent fundamentals and strong price action. Let’s begin.
The Top 8 Best Cryptocurrency to Invest in for 10x in August 2022
Each project we’ll be taking a look at offers investors the potential for excellent returns. While nothing’s guaranteed, these projects are some of the strongest on the market.
- Battle Infinity – Overall Best Crypto to Invest in for 10x
- Lucky Block – Massively Promising Project with Regular Prize Draws
- Chainlink – Leading Oracle Project
- Avalanche – Cheap Ethereum Rival
- Polygon – Exciting Layer-2 Project
- Aave – Popular Lending Protocol
- KuCoin Token – Low-Cost Token from Leading Exchange
- BitTorrent Token – Cheap P2P Protocol
A Closer Look at the 8 Best Cryptocurrency to Invest in for 10x in August 2022
Below, we’ve reviewed the best cryptos to invest in 2022. We’ve included projects from a wide range of sectors, in order to cater to investors of all specifications.
Battle Infinity – Overall Best Crypto to Invest in for 10x
Battle Infinity (IBAT) is a revolutionary new project that will blend some of the most popular sectors in cryptocurrency; the Metaverse and play-to-earn games. Despite only being weeks old and still in presale, Battle Infinity has already been KYC verified by CoinSniper and audited by Solid Proof, making it perhaps the best cryptocurrency to invest in 2022.
The IBAT ecosystem is divided into six platforms, a fantasy sports league, a decentralized exchange, an NFT marketplace, a player versus player P2E gaming platform, a Metaverse world with customizable avatars, and a dedicated staking platform that enables users to earn rewards on their crypto.
With more than ample utility and Battle Infinity garnering over $1 million in investments within the first two weeks of presale, it’s safe to say that Battle Infinity has a good chance of being the best cryptocurrency to invest in 2022. Join the IBAT Telegram group to find out more.
Lucky Block – Massively Promising Project with Regular Prize Draws
When it comes to the best cryptocurrency to invest in 2022, few projects are as worthy of consideration as competition platform Lucky Block (LBLOCK). The platform has used blockchain technology to reshape the prize draw sector by enabling fair draws, and efficient rewards distribution. What’s more, the project has the fastest cryptocurrency to reach a $1 billion market cap, a testament to the project’s investability.
Lucky Block features weekly prize draws with prize pools of up to $50,000. Furthermore, holders of LBLOCK or Lucky Block NFTs can claim rewards by voting on the next institution to receive a charitable donation from Lucky Block.
With the LBLOCK token migrating to the ERC standard in the near future, centralized exchange listings are on the horizon beginning with MEXC. As CEX listings tend to bolster token prices significantly, LBlOCK has the potential to be the best cryptocurrency to invest in 2022 for the short term.
Chainlink – Leading Oracle Project
Chainlink (LINK) is a well-established crypto project that enables on-chain applications to interact with off-chain data sources, massively opening up what’s possible in the world of crypto.
The project grew exponentially during 2021, and with prices down significantly and demand for its services growing, Chainlink could be the best crypto to invest in 2022. With high-profile partnerships including Aave, there is a clear demand for Chainlink’s services.
With backing from 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.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection
Avalanche – Cheap Ethereum Rival
Although the Ethereum killer narrative has been rendered less important by the rollout of ETH 2.0 coming in the near future, Avalanche (AVAX) is still one of the most promising cryptocurrencies in 2022.
During the dApp explosion in 2021 loads of projects began migrating to the Avalanche highlighting the demand for a fast, efficient, and cheap network for projects to be developed on. The project offers a massive throughput of 6,500 transactions per second and doesn’t compromise on decentralization when scaled.
With the 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 for projects to take advantage of the benefits of the Ethereum network without dealing with congestion and high gas fees.
With Polygon becoming one of the most used networks for the creation of NFTs and dApps, it’s in a great position to grow rapidly once the wider crypto market begins its recovery. Polygon has garnered backing from prolific exchanges like Binance and Coinbase adding to the argument that it could be the best crypto to invest in 2022.
Polygon has huge potential. The network is excellent and with it being built on Ethereum, it’s 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 in popularity massively 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 best-known projects in the sector and shows massive upside potential. The AAVE token derives its value from being a governance token and provides users of the platform with lower fees when transacting.
With a massive amount of demand for secure lending services, Aave could well 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 on the market. The KuCoin Token (KCS) powers the platform and like most other exchange tokens, has been showing impressive strength during the recent downturn.
Outside of reduced fees and access to exclusive offers and competitions, KCS generates value by providing investors that hold six or more of the token a dividend from 50% of the exchange’s daily trading fees.
With KuCoin growing in popularity and attracting users due to its community-centric nature, KYC might become the best cryptocurrency to invest in 2022.
BitTorrent Token – Cheap P2P Protocol
BitTorrent was a massively popular peer-to-peer file sharing service that launched in 2021. However, in 2018, it was acquired by TRON, with new functionality, including the BitTorrent Token (BTT) being rolled out afterward.
Following the migration to BitTorrent new, this token could well be the best new crypto to invest in 2022. It has backing from an established company and with the largest P2P network in the world, it seems to only be a matter of time before this asset takes off.
While BTT has been struggling to gain traction (much like TRON) it is synonymous with the largest P2P network in existence and therefore provides clear value.
How to Buy IBAT
Below, we’ve 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.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection
Step 2 – Deposit & Buy BNB
Then, click on ‘Deposit Funds’, decide how much to invest, and press ‘Deposit’. Following this, click on the search bar, enter ‘BNB’, press ‘Trade’, choose how much BNB to purchase, and press ‘Open Trade’.
Step 3 – Create Metamask & Send BNB
Prior to buying IBAT, an investor must create a MetaMask wallet by downloading the browser extension or mobile app and following the on-screen instructions. After this, change the wallet to the Binance Smart Chain and withdraw the BNB from eToro to MetaMask using the eToro Money Wallet.
Step 4 – Connect Wallet & Buy IBAT
Lastly, head to the IBAT presale website, click ‘Connect Wallet’, select MetaMask, and confirm the connection. Then, scroll down, choose how much IBAT to purchase, and press ‘Buy IBAT’. The tokens will be immediately sent to the MetaMask wallet.
