As prices dip, the opportunity to make major gains with strong crypto projects gets even bigger. They say that crypto millionaires are made during the bear market, which gives every single person reading this article a unique opportunity that does not come around very often.
To help people make more informed decisions when deciding which cryptocurrencies to buy during this crypto dip, here is a list of the 6 best cryptocurrencies that you can invest in right now that each has big investment potential over the next few years.
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#1 Metacade (MCADE) – Central Hub for Play-to-Earn Games
Overview
Metacade is an ambitious new decentralised platform that looks set to attract a large community of gamers over time, so it is the number 1 best cryptocurrency to invest in now. The project aims to become the biggest arcade on the blockchain and offer a vast number of methods for earning cryptocurrency while enjoying a range of different games in one central on-chain location.
To appeal to people across Web3 and GameFi, Metacade has created an innovative incentive structure that can reward users for providing useful contributions to the community. Players will be rewarded for sharing exclusive knowledge on how to make the most out of their playing experience. In return for sharing this kind of information, blockchain users can earn MCADE token rewards.
Metacade is also launching a funding program called Metagrants to support developers who want to build games on the platform. The community will vote on game proposals and then the winners of the Metagrants initiative will receive direct funding. This will help to boost the future expansion of the GameFi sector itself.
Over time, Metacade will also become a decentralised autonomous organisation (DAO). This will give even more power back to gamers, as they can influence both the future of the Metacade platform and the wider GameFi industry too.
Tokenomics
MCADE has a total supply of 2,000,000,000 tokens. The presale for MCADE has recently started, with 70% of this supply being released to the community.
Why buy MCADE?
Crypto investors have been eagerly awaiting the Metacade presale event due to the project showing a high level of promise for the future. Since the MCADE token is being launched at just $0.008, many believe the project is significantly underpriced, which means it could rise significantly in the coming years.
With extensive play-to-earn functionality and many additional features that can serve the community and the wider GameFi industry, Metacade could become one of the top gaming platforms built on the blockchain. Over time, the MCADE token could even rise by over 50x, especially during the next crypto bull market.
>>> You can participate in the MCADE presale here <<<
#2 Ethereum (ETH) – The Biggest Web3 Ecosystem
Overview
Ethereum is the second best cryptocurrency to invest in now. It is a decentralised platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. This function is made possible by Ethereum Virtual Machine (EVM), which executes smart contracts on the blockchain with whatever rules have been written into the code by a programmer.
The Ethereum Virtual Machine is supported by many different layer 1 blockchains and is the most popular method of executing smart contracts with the purpose of building decentralised applications (dApps). Ethereum was the first Turing complete blockchain and the first blockchain where developers could create dApps.
Ethereum is now the biggest Web3 ecosystem, supporting many thousands of decentralised applications across several key areas of technological advancement: DeFi, GameFi, and NFTs. Smart contracts on Ethereum are created using the Solidity programming language, which was specially developed for the network. After being criticised for being slow and expensive, Ethereum has looked to solve its scalability problems in a number of key ways.
Tokenomics
Ethereum has a total supply of 122,373,866 ETH with 100% of this supply in circulation. Since all tokens are already in the ecosystem, ETH has deflationary tokenomics. This means that each ETH token will become more valuable as long as demand increases.
Why buy ETH?
Ethereum has just moved to a proof-of-stake consensus mechanism, which will enable a significantly higher transaction throughput. This improves the scalability issues that were traditionally faced by the network, while retaining its innate level of security and decentralisation. Ethereum can now process up to 100,000 transactions per second, which is a significant improvement.
Combined with some innovative layer 2 scaling solutions, such as Polygon and Optimism, Ethereum has the potential to support many hundreds of millions, if not billions of users, over the coming years. If blockchain continues to expand, then cryptocurrencies will be held by over 1 billion people in the world by 2028. Ethereum looks set to play an important role in the process of mass adoption.
#3 Synapse Protocol (SYN) – Innovative Bridging Solution
Overview
Bridging has been a significant problem for the crypto ecosystem in recent years, as many cross-chain protocols have been hacked. Typically, bridging is a weak point in the crypto ecosystem, as blockchains are designed to securely transfer assets within and across their own networks, but not necessarily between each other.
Synapse is a new project that looks to make cross-chain bridging more secure and scalable. The project is being driven by many experienced and talented developers with the aim of facilitating an interoperable blockchain future in the most optimal way. The protocol looks to solve the ‘interoperability trilemma’ to deliver a completely secure bridging solution that does not compromise on transaction finality times. It is the 3rd best cryptocurrency to invest in now.
Tokenomics
There are 192,696,599 SYN tokens in total, and the circulating supply is 139,773,376 SYN. Since the project is newly-launched, the token has only been in circulation for approximately 12 months but it is already in the top 200 cryptocurrencies by market cap.
Why buy SYN?
Synapse is backed by an experienced team of developers and its innovative solution to solving the bridging problem is both secure and robust. Synapse can play an important role in connecting blockchain users for many years and the SYN token is expected to do some major gains as a result.
#4 Stellar (XLM) – Cross-Border Payment System
Overview
Stellar (XLM) is a digital asset that allows for fast, secure, and low-cost international payments. Stellar can be used to send and receive any fiat currency or cryptocurrency. The network has formed a close partnership with IBM which has resulted in Stellar being used in a number of international payment systems since its inception.
Stellar has been adopted by a number of banks and financial institutions as a way to quickly settle cross-border payments at a fraction of the cost of traditional methods. XLM is the native asset of the Stellar network, which is used to pay transaction fees, secure the network by rewarding validators, and purchase goods and services. The token can also be traded on major cryptocurrency exchanges.
Tokenomics
Stellar has a total supply of 50,001,787,543 XLM. There are just over 50% of this total currently in circulation.
Why buy XLM?
Stellar plays an important role in the global financial system already as it provides a quicker and cheaper method of settling transactions across national borders. It is one of the best cryptocurrencies to invest in now. Since the token is favoured by major institutions, it looks set to continue to fulfil its value proposition for many years.
The XLM network is highly scalable. Over time, as more governments and banks adopt blockchain for cross-border transactions, the value of XLM could rise considerably. With a current price of $0.09 and an all-time high of $0.80, the token could rise by at least 10x in the coming years.
#5 Decentraland (MANA) – User-Generated Content for GameFi
Overview
Decentraland is a virtual reality platform powered by the Ethereum blockchain. It allows users to create, experience, and monetise content and applications. Decentraland is built on three pillars: land, content, and identity. Digital real estate can be purchased and developed freely by anyone with low barriers to entry.
Decentraland aims to make the process of developing games more easily accessible, as anyone can create gaming experiences in 3D with limited programming knowledge. The Decentraland economy runs on the MANA token, which is used to purchase land, trade in-game items as NFTs, and tip content creators.
Tokenomics
There are 2,193,539,027 MANA tokens in total, with 1,855,084,192 in circulation. At a current price of $0.42, the total value of MANA has declined by 92% from its all-time high.
Why buy MANA?
Decentraland remains one of the biggest and most-used GameFi platforms in the world of Web3, so it is one of the best cryptocurrencies to invest in now. The project aims to deliver a comprehensive virtual reality metaverse world that allows players to create their own experiences. This style of game has proven popular in traditional gaming with Minecraft consistently being one of the most-played games in the world for at least a decade.
Decentraland brings this concept into the metaverse and allows players to monetise their creations using blockchain technology. It looks set to become a major player in the world of gaming for many years, and the token is currently underpriced as a result. Sitting some way off its all-time high, traders are expecting MANA to grow by at least 20x over the coming years.
#6 Polkadot (DOT) – Blockchain Interoperability
Overview
Polkadot is a decentralised network that enables independent blockchains to securely share information and connect with each other. It makes number 6 in this list of best cryptocurrencies to invest in now. Polkadot was created by the Web3 Foundation and is currently maintained by Parity Technologies. The Polkadot network is a layer 0 solution that can serve all independent Layer 1 blockchains, which is an important function for the future of Web3.
DOT tokens are used to incentivise participation in the Polkadot network, as well as to pay fees for making transactions and running smart contracts. The network also operates in a decentralised autonomous organisation (DAO), so DOT tokens can also be used to vote in governance proposals that decide how the Polkadot protocol will move forwards over time.
Tokenomics
Polkadot has a total supply of 1,251,909,065 DOT. There is approximately 91% of this total currently in circulation on the network.
Why buy DOT?
The Polkadot protocol is a unique and innovative solution that can enable interoperability between different layer 1 blockchains. As on-chain applications become more advanced, faster, and cheaper, more users are expected to join the cryptocurrency ecosystem across all these different layer 1 chains. Polkadot can play an important role in connecting these applications and users, as the network provides simple and secure cross-chain transactions.
Conclusion: Metacade is Best Long-Term Opportunity Available
In a crypto winter, strong projects can often become undervalued. However, even with significant price reductions, the Ethereum market cap remains higher than the Bank of China. With so many promising digital services looking to expand upon the ecosystem, the future of crypto is extremely bright despite poor recent price action.
SYN, DOT, XLM, and MANA, are all building, and while prices haven’t been kind in recent times, they look set to create some good gains over the next couple of years. MCADE, on the other hand, could well explode in the not-too-distant future. The token has just launched its presale and represents a major opportunity for crypto investors to see some significant growth.
The MCADE token has launched at just $0.008, so early investors can get 125 MCADE per dollar invested. The price is set to rise quickly, with a vast number of people already showing interest in the presale due to the project’s clear long-term potential. One thing is for certain, these are the kinds of opportunities that don’t come around too often, so when they do – it’s time to seize them.
You can buy ETH on eToro here.
You can buy SYN on CoinBase here.
You can buy XLM on eToro here.
You can buy MANA on eToro here.
You can buy DOT on eToro here.
You can participate in the MCADE presale here.
Source: https://invezz.com/news/2022/12/15/top-6-cryptocurrencies-to-invest-in-right-now/