8 Best Cryptos on Reddit to Invest in 2022

by Arthur · July 29, 2022

Reddit is a popular forum where many investors and traders gather to get the latest tips on the best cryptos to invest in. After browsing through subreddits, we found the best cryptos on Reddit:

Top 8 Best Cryptos on Reddit to Invest in 2022

Fight against Infinity – Overall best crypto on reddit
Lucky Block – Popular competition platform
DeFi coin – Best coin in the DeFi ecosystem
Bitcoin – The most popular cryptocurrency
XRP – Coin that provides fast transactions and low fees
Ethereum – The second largest coin by market value in
Shiba Inu – Popular meme coin
Avalanche – Best scalability coin

A closer look at the 8 best cryptos on Reddit to invest in right now

Now that we’ve identified the top 8 cryptos on Reddit, let’s find out more about each and what makes them a good investment:

1. Battle Infinity – Overall best crypto on Reddit

Battle Infinity is an NFT-based fantasy sports game that offers six platforms. Players build teams in this game to earn money which requires players to purchase NFT passes to enter leagues and matches in the IBAT Premier League. The Battle Marketplace tokenizes characters and assets to give them an NFT value, which players can exchange on the Battle Swap for other currencies and purchase the original token.

One of the benefits of owning an IBAT token is that players can choose three different ways to stake the coin to earn rewards. IBAT is used to process transaction fees, 50% of which goes into the stake pool. The most active players are rewarded with IBAT from the stake pool.

With IBAT, players can enter Battle Games, giving them access to more games. Battle Arena is the interactive part of this Metaverse game as players can explore virtual areas while interacting with players in real time. Players can use their own personal avatars, which they can dress up and change hairstyles with NFTs received from the Battle Marketplace.

Players can use IBAT to monetize land and advertise on billboards in the ecosystem. You don’t need to worry about the security of this platform as the developers made sure that it is tamper-proof. Coin Sniper has performed a Know Your Customer (KYC) regulatory check to ensure customer satisfaction, and Solid Proof has audited this smart contract network.

The IBAT pre-sale started on July 11, 2022 and will run until October 10, 2022. An IBAT costs $0.0015, and pre-sale buyers get a discount. So they get prizes right away.

INVEST IN IBAT PRE-SALE

2. Lucky Block – Popular competition platform

LBLOCK is the original token of a competition platform called Lucky Block. This platform has evolved into an international NFT competition platform that gives players access to the Platinum Rollers Club NFT.

It is in the Platinum Rollers Club that players enter prize draws after purchasing a ticket for $1. Players must purchase at least 5 tickets to enter the draw. Lucky Blocks hosts the main draw weekly and it also has an NFT draw on Fridays.

But premiums aren’t the only way LBLOCK investors can earn. Investors who bought the coin in early February 2022 saw it pump more just over 1100% two weeks later. It is one of the fastest rallies of any altcoin, making LBLOCK one of the most undervalued cryptos to buy.

This platform has developed two coins: BEP20 and ERC20. There are a few differences between the two coins, each with their own advantages. BEP20 was designed for decentralized exchanges DEX and it contains up to 12% VAT. ERC20 does not contain tax and it was for centralized exchanges (CEX). ERC20 is considered the V2 coin and was introduced in July 2022 so that it can be listed on exchanges by correcting issues with the first coin.

The good news is that V2 is listed on LBank and MEXC listing is confirmed for August 1, 2022. Day traders can speculate on the coin’s price action because tax is not applicable. If the V2 upgrade wasn’t enough, Lucky Block is also looking to make NFT purchases with fiat currencies as an alternative.

VISIT THE LUCKYBLOCK WEBSITE

3. DeFi Coin – Best coin in the DeFi ecosystem

Decentralized finance (DeFi) has made it possible for individuals to conduct transactions on the blockchain without government interference and a third party such as a bank. The DeFi coin is the native token of DeFi Swap, an exchange hosted on the Binance Smart Chain.

The initial coin launch was delayed due to challenges during the development stages. But the coin’s price increased by more than 300% in a matter of hours. DeFi Swap enables investors to earn rewards on the platform by staking coins, and the DeFi coin is the most popular coin. As the DeFi Swap expands, so does the liquidity of the DeFi coin.

DeFi Swap is also one of the best DeFi staking platforms – DEFC can be staked for up to 75% APY in the platform’s staking pool.

BUY DEFI COINS

4. Bitcoin – The most popular cryptocurrency

Bitcoin is the crypto market leader in terms of market capitalization and price movement.

After peaking at around $19,000 in January 2018, Bitcoin rose to an all-time high (ATH) of $69,000 in November 2021. Since then, Bitcoin has lost around 75% of its value, but has managed to recover a bit . Despite the crash, Bitcoin has enormous potential and remains an investor favorite.

With only 21 million coins ever developed, Bitcoin’s price is set to go much higher as investors value scarce assets.

At the time of writing, Bitcoin is back above $22,500, and some leading crypto market commentators and the best crypto traders to follow on Twitter are speculating that the bottom may be in.

5. XRP – Coin that provides fast transactions and low fees

The San Francisco-based fintech firm Ripple is responsible for developing XRP. Ripple wanted to make cross-border transactions easy, so they designed a cryptocurrency that takes seconds to reach the other side of the world. The best thing about XRP is that transaction fees cost several pennies.

In December 2020, the US Securities and Exchange Commission sued Ripple for selling XRP as an unregistered security. Ripple’s lawyers have made significant progress in the case, and XRP investors are confident that XRP will prevail.

6. Ethereum – The second largest coin by market capitalization

The one coin that has managed to keep the second place in the crypto market since its inception is Ethereum (ETH). The platform is used for smart contracts and applications to function without disruption and at the same time prevent fraud.

Programmers use Ethereum’s platform to develop distributed applications, and individuals enjoy its peer-to-peer network to send ETH on the blockchain as a payment or to exchange. Like Bitcoin, Ethereum has performed well – ETH rallied more than 4,000% from its March 2020 lows to reach an ATH of $4,860.

7. Shiba Inu – Popular meme coin

After the success of Dogecoin, investors were looking for the next big meme coin. Shiba Inu’s developers mimicked Musk’s marketing strategy and managed to reach the mainstream audience.

Their efforts paid off as the Shiba Inu coin pumped 1100% from the beginning of October 2021 to the end of the month.

8. Avalanche – Best Scalability Coin

The Avalanche platform contains three networks: contract chain, exchange chain and platform chain. The three chains work simultaneously to produce fast transactions.

The platform’s original token, AVAX, has received many subreddit mentions. Some investors believe it poses a threat to Ethereum.

How to buy IBAT

IBAT turned out to be the most popular Reddit crypt:

Step 1: Open an account

Go to Battle Infinity’s website and click on ‘Connect Wallet’.

Step 2: Buy IBAT

Enter the number of IBAT to be purchased.

Click ‘BUY IBAT’.

Step 3: Confirm transaction

Confirm the transaction in the wallet by clicking “Confirm”.

Visit the IBAT Presale now

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