Low prices can be seen across the crypto markets right now, which means one thing and one thing alone: the best cryptos to buy now are on sale, and investment returns could be major from this price level.
The best cryptos to buy now while prices are low are the tokens with the most utility, the highest potential for attracting users, and the largest percentage gains that can be made.
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Many cryptocurrencies simply do not make the cut. But after analyzing dozens upon dozens of projects, here is the definitive list of the top 5 best cryptos to buy now:
- Metacade (MCADE)
- Polygon (MATIC)
- XRP (XRP)
- Shiba Inu (SHIB)
- BNB (BNB)
1. Metacade (MCADE)
Metacade (MCADE) is the best crypto to buy now. It will become the biggest play-to-earn (P2E) arcade on the blockchain, offering a broad selection of different online games that each have integrated financial rewards for players. The ecosystem will also expand to incorporate several useful digital services that allow users to generate a crypto income in new and exciting ways.
The metaverse arcade will offer both casual and competitive gameplay, as users can earn MCADE tokens for simply progressing through levels and trying to beat their own high score or by joining paid entry tournaments to compete against other players directly. These tournaments will have major prize pools paid in MCADE for the victorious gamer.
As well as this, Metacade aims to become a central hub for the Web3 community. Investors, entrepreneurs, and gamers alike can get together, socialize, share alpha, and earn crypto tokens while they do it. Metacade’s innovative Create2Earn feature will reward users for their contributions, which can include game reviews, sharing insights, or interacting with other members of the community.
To help drive growth in the blockchain ecosystem, Metacade will feature a jobs board with GameFi and Web3 jobs from both Metacade and outside companies available for community members. The Work2Earn mechanic will provide income opportunities for users looking to kickstart a career in blockchain.
Another way in which Metacade will support the progress of blockchain technology is by providing early-stage funding to game developers. Developers will submit game proposals to the Metacade community, who will vote to decide which games they want to see built on the platform. The winning project will receive financial support to help turn the game idea into a reality.
Why buy MCADE?
The MCADE token recently launched its presale event. The presale is selling out rapidly, attracting $3.3m in 9 weeks since it launched. The project looks set to expand throughout the wider GameFi industry and could become a leading name in the space.
Metacade, as a brand-new project with strong fundamental characteristics, is well-placed for future gains. For this reason, it is the single best crypto to buy now as it could produce insane returns for any early investor.
>>> You can participate in the Metacade presale here <<<
2. Polygon (MATIC)
Polygon (formerly known as Matic Network) is the second-best crypto to buy now. It is a layer-2 scaling solution that leverages sidechains and Polygon’s proprietary proof-of-stake (PoS) consensus mechanism. The network helps bring Ethereum to scale, which is extremely important for the future of the blockchain industry due to the Ethereum ecosystem’s unique characteristics.
Since Polygon is a layer-2 blockchain, it uses the same underlying security functions as Ethereum’s layer-1. Ethereum, which was the first Turing complete blockchain, is now the biggest network of decentralized applications (dApps) in the world. However, the blockchain struggled to scale in line with demand as performance began to suffer at high traffic intervals.
Polygon’s layer-2 solution directly addresses this problem and helps all applications and networks within the Ethereum ecosystem to grow. Polygon, alongside its unique technical solutions, can support the growth of blockchain technology through its mass adoption phase.
Polygon allows developers to create highly scalable dApps. The network has a high transaction throughput, fast finality, and ultra-low fees. These characteristics make it an ideal choice for play-to-earn games, as blockchain transactions are at the core of gameplay. By choosing to build on Polygon, developers can improve the overall user experience for blockchain-based gaming.
Why buy MATIC?
In the wake of ‘The Merge,’ which saw Ethereum migrate to a proof-of-stake consensus mechanism, the ecosystem’s layer-2 scaling solutions are believed to become increasingly important. A key reason why is that blockchains are becoming interoperable, which means that value can be easily bridged between disparate networks.
MATIC is extremely well-positioned to capitalize on several major advancements within the world of Web3, including GameFi, interoperability, and Ethereum’s improved efficiency. For this reason, it is one of the best cryptos to buy now.
3. XRP (XRP)
XRP is the third-best crypto to buy now. It is a digital currency that was created by Ripple Labs and offers a unique solution when compared to other major cryptocurrencies. While most tokens in Web3 circumvent the traditional financial system, XRP aims to directly solve inefficiencies with the way in which banks and institutions operate.
XRP was designed to accelerate global payments in real-time, allowing for lower costs and faster transactions when compared with traditional payment methods. XRP is unique since it’s not mineable like other cryptocurrencies; instead, XRP is pre-mined and limited to 100 billion tokens. This total is believed to be used to provide instant liquidity for banks as they process international payments.
XRP has gained popularity among investors due to its safety features, scalability and low transaction fees – making it one of the biggest cryptocurrencies by market capitalization. XRP is also the native token for the XRP Ledger, which is a decentralized network that can support independent software applications.
On the XRPL, XRP is used to pay transaction fees and as a reserve currency to facilitate asset swaps. Some of the projects building in the XRP ecosystem include online casinos, DeFi services, and NFTs.
Why buy XRP?
XRP has been the cause of some controversy in recent years. Ripple Labs was charged by the Securities and Exchange Commission (SEC) as releasing the XRP token as a security, as opposed to a cryptocurrency. This is thought to have held back XRP’s price action in recent years.
However, Ripple Labs is likely to emerge victorious from the court case, which means that XRP will be classified as a cryptocurrency by US authorities. This could result in the price of XRP skyrocketing as it will be one of the few legitimate cryptocurrencies in the eyes of regulators. For this reason, XRP is one of the best cryptos to buy now.
4. Shiba Inu (SHIB)
Shiba Inu (SHIB) is the fourth best crypto to buy now. After being launched in 2020 as a fork of the Ethereum blockchain, Shiba Inu rose to infamy after an amusing marketing stunt pulled by its team of anonymous founders. Half of the total SHIB supply was airdropped to Vitalik Buterin, who then burned 90% of the assets. The burned tokens were later valued at over $6 billion.
Although SHIB is a classic meme coin, the token has unique characteristics when compared with other meme coins. For starters, the Shiba Inu blockchain is Turing complete and compatible with Ethereum Virtual Machine (EVM). This means that developers can create dApps in the Shiba Inu ecosystem, which gives SHIB an improved level of utility when compared with most meme coins.
SHIB is also a highly liquid token, with a higher total supply than any other cryptocurrency. This allows for rapid transactions at low cost to users, especially considering the blockchain uses a proof-of-work consensus mechanism which is typically slower and more expensive.
The Shiba Inu team aims to make the token the most valuable meme coin in Web3. To do this, they are planning on introducing an increasing number of use cases for the SHIB token and have already launched an NFT art gallery and virtual reality metaverse where SHIB holders can meet up.
Why buy SHIB?
The Shiba Inu blockchain will be upgraded through the Shibarium layer-2 scaling solution. This will help Shiba Inu to process a higher number of transactions per second at a lower cost to users, regardless of the total traffic on the network.
This could attract an increasing number of developers to build within the Shiba Inu ecosystem, which will have the knock-on effect of even more utility for the SHIB token. For a meme coin, this is completely unique. It will become a full-fledged Web3 ecosystem, which makes it one of the best cryptos to buy now.
5. BNB (BNB)
BNB is the fifth-best crypto to buy now. It is the native token for the Binance ecosystem, which includes the biggest centralized exchange in the world and one of the biggest layer-1 blockchains in the world – Binance Exchange and Binance Smart Chain, respectively.
BNB is used to secure Binance Smart Chain. It is the currency in which transaction fees are denominated and the medium for rewarding block validators in the network. The token can also be used to reduce trading fees on Binance Exchange, as well as to earn staking rewards and gain other benefits within the Binance ecosystem.
Binance Smart Chain is home to over 2000 independent blockchain projects. The network can support a high number of user transactions both quickly and securely and has low network fees when compared with other layer-1 chains. It is also EVM-compatible, which means that it is well suited to an interoperable blockchain future.
Why buy BNB?
Binance Exchange, Binance Smart Chain, and Binance, the company by extension, are all expected to grow significantly over the coming years. Not only does the ecosystem provide a significant amount of value to the wider world of Web3, but it can also capture a larger market share in the wake of the FTX collapse.
In the process, the BNB token will benefit. More users equal more demand for BNB, which will push the price of the token upwards due to its deflationary tokenomics. For this reason, BNB is one of the best cryptos to buy now.
Expert Insights: Metacade is the best crypto to buy now
Metacade is the best crypto to buy now, as the MCADE presale could be the investment of the year. MCADE launched at only $0.008 per token, and experts are predicting future price action that exceeds the $5 mark for MCADE. At the end of the presale, MCADE will be worth $0.02, which means that Metacade has 250x return potential for presale investors, once it hits the exchanges.
The project looks set to explode over the coming years. It has already doubled its following on social media and looks likely to continue to grow into 2023 and beyond. Future price action is expected to reflect the innate value of the project, which makes Metacade the best crypto to buy now at the current price level.
You can participate in the Metacade presale here.
Source: https://invezz.com/news/2023/01/24/expert-insights-5-best-cryptos-to-buy-now-according-to-analysts/