Bitcoin is the biggest cryptocurrency by market capitalization and is the most popular. But several other coins have impressed investors. The rest of the coins are known as altcoins – Bitcoin alternatives – and many altcoins projects have provided significant returns higher than just holding Bitcoin.
The potential downside can be higher also though – keep a diversified portfolio. We compiled a list of 7 of the best altcoins to watch and invest in.
The Top 7 Best Altcoin Projects to Watch and Invest in 2022
From thousands of altcoins on the market, we shortened the list to the 7 best cryptos including a new altcoin project:
- Battle Infinity – Overall Best Altcoin Project
- Lucky Block – Popular Competition Platform
- XRP – Highly Effective Coin for Cross-border Payments
- Bitcoin Cash – Bitcoin Fork Coin
- Stellar Lumens – Popular Efficient Coin for Transactions
- AXS – Best-Known Gaming Coin
- Cardano – Top-Rated Smart Contract Platform
A Closer Look at the 7 Best Altcoin Projects to Watch and Invest in 2022
Now that we’ve established the best altcoins, let’s dig deeper and find out what they may appeal to investors.
1. Battle Infinity – Overall Best Altcoin Project
The overall best altcoin token is IBAT. It’s the native token of Battle Infinity, an NFT sports game. Players can take advantage of NFTs to dress their avatar and make it unique. But the main aspect of the game is the play-to-earn feature.
Before players can start receiving awards, they need to buy IBAT on Battle Swap, the game’s decentralized exchange. After receiving rewards, players can redeem them on the exchange for other currencies. Players can earn in several ways. They can monetize their land or they can enter solo, duo or crates staking. That happens in Battle Stake, one of six platforms offered in this game.
The appealing aspect of Battle Stake is that it enables players to battle it out for the highest rewards. But it’s not only the best players that are rewarded because half of IBAT transaction fees enter a global staking pool. And it’s from that pool that the platform rewards loyal players. So, there’s something in it for everyone with Battle Infinity.
By using VR headsets, players can guide their avatar through Metaverse. That happens in Battle Arena, and it’s there that players meet and chat with other players in real-time. But players can also access Battle Games, enabling them to play various games.
But playing matches and leagues requires…
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