Experts rank the best in cryptocurrency investments today
CriptoFácil – After a pessimistic 2022, prices finally started to rise in the cryptocurrency market. However, with so many positive indicators, it can be difficult to understand which tokens represent the best investments. To help you find that answer, here is a list of the best cryptocurrencies currently available:
- Metacade (MCADE)
- ()
- (SHIB)
- (MATIC)
- (AXS)
- (SOL)
1. Metacade (MCADE)
Metacade is one of the best cryptocurrencies to buy right now. It is a platform that will offer the largest selection of play-to-earn arcade games on the Web3, with online gaming and experiences offering built-in financial rewards for players.
The online gaming platform aims to be a hub for Web3 users, offering vast benefits beyond the metaverse arcade. Additional income mechanics include Create2Earn, which rewards content creators in the community hub, and Work2Earn, which will create new jobs for online gaming enthusiasts.
Metacade will also help fund the next wave of online gaming platforms directly through the Metagrants program, designed to ensure that only the most desired play-to-earn innovations are developed. Game developers submit their ideas for the Metacade community to vote on, with the best projects receiving funding to help with the development process.
Why buy MCADE? Another factor that makes MCADE one of the best cryptocurrencies to buy is its extremely positive potential, having just launched. The MCADE pre-sale sold everything it had to sell during its first few phases, raising an incredible $5 million in just 10 weeks. This signals strong future price movement for the new online gaming platform.
MCADE will increase from $0.008 to $0.02 during the pre-sale, with explosive gains expected to follow after the event. The project delivers a complete online gaming experience and many benefits to its users, which are the key reason why it is the best cryptocurrency to invest in right now.
You can participate in the Metacade pre-sale here
2. Ethereum (ETH)
Ethereum is one of the largest cryptocurrencies by market cap, making it a great investment in the future of Web3. It is an open source, decentralized blockchain platform with smart contract functionality, allowing a wide range of decentralized applications (dApps) to be built on its network.
Ethereum was designed to facilitate the development of dApps and allow the creation of decentralized online services. The Ethereum Virtual Machine (EVM) allows developers to write code that can automatically execute transactions and contracts without human intervention.
Developers can easily create tokens, including fungible and non-fungible (NFTs), using various standards. The most common token standard is ERC-20, and other variations include ERC-721 and ERC-1155. The Ethereum ecosystem inspired many subsequent layer-1 blockchains including , and Solana.
Why buy ETH? Ethereum is the largest dApp ecosystem on the Web3, thanks to the fact that it was the first Turing complete blockchain. Ethereum’s ability to support independent blockchain projects is the main reason why it is the second most valuable cryptocurrency.
The blockchain recently completed “Fusion”, which switched the network to a proof-of-stake protocol. This allows Ethereum to mine blocks and process transactions at a much lower cost, which can help improve its efficiency and reduce emissions.
The ETH token is worth $1500, a long way from its all-time high of $4879. It is still one of the most valuable cryptocurrencies in the world and is set to reach new highs in the coming years.
3. Shiba Inu (SHIB)
Shiba Inu, also known as SHIB, is next on the list of the best cryptocurrencies to buy right now. It is an Ethereum-based token, created in August 2020, being a separate layer-1 blockchain that was created as a fork of Ethereum.
SHIB is a classic meme currency, created as something lightweight and community-focused. A key factor that separates SHIB from other meme coins is that, like Ethereum, SHIB has so-called “Turing completeness”. This allows developers to build dApps on the SHIB blockchain, which include DeFi services and online gaming.
SHIB has a highly liquid token economy as it has the highest total supply of tokens among all cryptocurrencies. This allows the SHIB network to process transactions faster and at less cost than the original Ethereum proof-of-work blockchain, despite being a fork (or copy) of the second most valuable cryptocurrency on the Web3.
Why buy SHIB? SHIB is home to an incredible level of utility, which is extremely rare for a meme currency. This means that SHIB is good at attracting new users, as well as its ability to support an entire ecosystem of dApps to serve its users.
The blockchain will soon receive a layer-2 solution called Shibarium, which will improve the efficiency of the network. A range of dApps are being developed, including Shibaverso – an online gaming metaverse – and Shiba Infinity, which is an online gaming platform with play-to-earn functionality.
SHIB has extremely high potential for the future, making it one of the best cryptocurrency investments today. The token remains 85% below its all-time high despite a recent rally, giving it huge upside potential. Without a doubt, SHIB is one of the best cryptocurrencies to invest in today.
4. Polygon (MATIC)
Polygon is another of the best cryptocurrencies. It is a scalable layer-2 solution for Ethereum that allows near-instant transactions with low transaction fees. Polygon is an open source protocol that allows developers to easily build highly scalable dApps through network compatibility with EVM.
Polygon is chosen by online gaming platforms for its unique features. It also has EVM compatibility, making this network suitable for blockchain interoperability, managing to reach massive transaction volume without compromising performance.
As online gaming platforms that are built using blockchain need a large number of transactions, Polygon represents an ideal option for developers. There are hundreds of online gaming platforms built on the Polygon ecosystem, and this is expected to increase in the coming years as blockchain-based online gaming expands.
Why buy MATIC? Online gaming is undergoing a revolution thanks to blockchain technology, as GameFi is able to deliver new benefits to players. Not only can Polygon help drive the mass adoption of blockchain-based online games, it can also support a huge range of other scalable dApps.
The MATIC token is used to secure the Polygon network as transaction fees are used to incentivize block validators. MATIC tokens can be staking, traded directly, or held for long-term profit.
MATIC is trading at $0.94 after reaching an all-time high of $2.92. It should recover this maximum, which guarantees this token a great upside potential. Therefore, it is one of the best cryptocurrencies to invest in right now.
5. Axie Infinity (AXS)
Axie Infinity is another of the best cryptocurrencies. It is an innovative online gaming platform that runs on the Ethereum blockchain. The player can buy, create and fight with fantastic creatures called Axies, which are fully owned and customizable items.
Players use items from online games to upgrade, customize, and train their Axies. Each Axie comes with its own set of stats and personality traits that can be upgraded, tweaked, and optimized for battle. Gameplay involves trading items, exploring the virtual world, and earning cryptocurrency rewards for progress made in the online gaming experience.
Axie Infinity has attracted a passionate user base since its launch in 2018 by combining fun gameplay with an ecosystem of digital assets backed by blockchain technology. The online gaming platform has seasonal championships, content competitions, and other events where players can earn financial rewards.
Why buy AXS? Despite recent issues, the Axie Infinity gaming platform remains one of the biggest cryptocurrencies on GameFi. Ronin Bridge is a sidechain that was specifically designed to support the best user experience for Axie infinity, and has recently undergone major changes to improve security and scalability.
The AXS token hit an all-time high of $166 in 2021, around the time Axie Infinity was attracting 2 million daily users. At the current price of $8.30, AXS is a great investment for future returns and one of the best cryptocurrencies to buy right now.
6. Solana (SUN)
Solana is another of the best cryptocurrencies. It is a next generation blockchain specifically designed to be more energy efficient and scalable than layer-1 Ethereum. The blockchain can process a huge number of transactions per second and produce transaction finality in milliseconds.
Solana’s main idea is to take existing protocols and apply them in a unique way that increases their speed, reliability and scalability. Developers can easily build applications on the Solana network using the Rust programming language. Rust, when compared to EVM’s Solidity, can produce more complex dApps for the Web3 ecosystem.
Solana offers a variety of features that make it stand out from older blockchain ecosystems like low latency, cheap fees and high speeds. Solana can be seen as an ideal platform to build non-custodial financial services that can grow into one of the biggest cryptocurrencies on the Web3.
Why buy SOL? The Solana ecosystem was heavily supported by FTX and Alameda Research, which caused Sol’s price to drop significantly after the bankruptcies. However, SOL is a separate entity and remains one of the most promising blockchain networks on the Web3, being able to support a vast number of users through useful dApps, including online games.
After the recent dip, SOL has rebounded to its current price of $20. It should pick up momentum after reaching new all-time highs in the coming years, with the potential to pass the $400 mark in the coming years. For that reason, SOL is one of the best cryptocurrencies to buy right now.
What is the best cryptocurrency to invest in?
Metacade is undoubtedly the best cryptocurrency to invest in 2023. The project has sky-high potential and could be the next gem in the blockchain technology online gaming industry.
Pre-sale is the best possible time to get involved with this platform, but it won’t last forever. The event is raising the price of MCADE each time a pre-sale phase sells out – and the initial phases ended in a matter of weeks. Don’t waste time to buy MCADE at the best possible price, because the token could take off in the coming years.
Notice: this article is for informational purposes only, it does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any content, products or services mentioned in this article