Cryptocurrency

8 of the Best Cryptos to Invest in now according to Reddit

Market Trends

2022 was largely a year best left forgotten for crypto, as a prolonged bear market caused prices to plummet across the board. Investing in cryptocurrencies can be an emotional rollercoaster, and it's no surprise the entire asset class is characterized by being high-risk. Conversely, of course, there is always the potential for high-reward.

With prices now low across the board, many investors have started to explore which diamonds look poised to rebound during the next bull market, as prices are expected to skyrocket once more.

For some prime bear market opportunities, here is a list of the 8 best cryptos to invest in now while prices are low:

  • Shiba Memu (SHMU)

  • Chancer (CHANCER)

  • AltSignals (ASI)

  • Metacade (MCADE)

  • Dogecoin (DOGE)

  • Decentraland (MANA)

  • Stellar Lumens (XLM)

  • The Sandbox (SAND)

1. Shiba Memu (SHIBA MEMU)

Shiba Memu is a brand new meme coin that aims to harness on the hype of these cryptos but offer something completely different. Like many companies across several industries, Shiba Memu harnesses the power of AI technology to disrupt a traditional market. It learns from successful marketing strategies, writes its own PR and promotes itself across relevant forums and social networks. 

Shiba Memu will be able to generate content based on the data that its AI continually analyzes, publishing this on several online platforms. It will then monitor and analyze the success of its marketing efforts and adjust them accordingly, constantly learning and improving content in order to optimize results. 

The automatic nature of the platform removes humans from content marketing efforts, reducing delays and taking over time-consuming tasks, allowing marketers to focus on other areas of growth. It also means that Shiba Memu is incredibly low maintenance, making it the perfect investment opportunity for those wishing to earn a passive income via crypto.

Why buy SHIBA MEMU?

The meme coin market has grown from absolutely nothing in 2020 to a market size of over $20 billion in 2022; therefore, meme coins have value. Shiba Memu, unlike most meme coins flooding the market, has in-built, native utility, which makes it a potential long-term investment for meme fans and crypto enthusiasts alike.

>>> You can find more information, including how to buy SHMU here <<<

2. Chancer (CHANCER)

Chancer is creating a hubbub among crypto enthusiasts and frequent bettors on Reddit. As the world's first blockchain-based decentralized predictive markets app, Chance aims to revolutionize the betting industry. Typically, bettors have to use a bookmaker or bet against the house, both of whom stack the odds unfairly against bettors so that the house always wins unfavorably. Chancer completely rips this apart, placing the power in the hands of the bettor.

Chancer is a betting facilitator, not a bookmaker or betting house. This means that it doesn't get involved in bets. Rather, it allows for seamless peer-to-peer (P2P) betting. Users can place small, casual wagers among friends or family, or participate in viral, global events such as the Superbowl, Oscars, and so much more. Unlike traditional betting houses, Chancer allows for all sorts of bets and isn't just restricted to sports betting.

All bets are placed and payed out in Chancer's native token, CHANCER. Additionally,  Chancer will offer a Share2Earn program, which will encourage users to promote their own markets, leading to increased participation and higher rewards for market creators. Chancer will also go beyond flexibility by allowing token holders to stake their CHANCER tokens. 

Why buy CHANCER?

Chancer presents a unique opportunity within the competitive and saturated betting and gambling industry. The industry is worth more than $64 billion and is expected to grow to over $150 billion by 2030. Chancer is well placed to take a slice out of this due to its disruptive, decentralized nature, which puts the power into the hands of the bettors. This fairer way of placing bets could catch on. If it does, CHANCER could explode in value. Given its current low price of just $0.01 during its presale event, now might be the best time to invest in this new, revolutionary crypto.

>>> You can find more information, including how to buy Chancer here <<<

3. AltSignals (ASI)

AltSignals is a crypto that delivers unprecedented trading signals to an already strong user base of over 50,000. Since its inception in 2017, AltSignals has grown to become a reliable trading signals provider, providing excellent returns to its users. 

AltSignals certainly looks to have promising long-term potential. The project is developing an AI-powered trading toolkit that can help traders navigate the crypto markets effortlessly while making major profits over time. By using AI, AltSignals will tirelessly scan the markets 24/7, learning from all data and research available in order to deliver the most promising results to users. In order to get access to ActualizeAI, AltSignals' users must hold ASI tokens, with lifetime access given to those with more than 50,000 ASI tokens. ASI tokens have plenty of utility within the platform and are the lifeblood of AltSignals' ecosystem. Token holders can provide feedback to AltSignals based on user experience, can suggest improvements, and can even decide the direction that the platform should take going forward.

Why buy ASI?

With the ASI presale underway, those who wish to make their money go further might want to consider looking into purchasing the token. It not only has real utility within the platform itself; it can also help savvy investors diversify their portfolio.

>>> You can find more information, including how to buy ASI here <<<

4. Metacade (MCADE)

Metacade is a new blockchain application that has recently started to attract a lot of attention and is currently classed as the best crypto to invest in now. The platform is steadily laying the groundwork towards becoming a comprehensive metaverse arcade that offers many different play-to-earn (P2E) titles as well as gaming tournaments with significant prize pools.

Metacade also aims to drive the expansion of the GameFi industry in a number of ways. It will offer mechanisms to provide early-stage funding for top community-approved content, and in-demand metaverse games, as well as unique payback features, rewarding users for contributing to its gaming community. It is widely expected that Metacade could become one of the biggest metaverse platforms to make an impact in the world of Web3.

Why buy MCADE?

Metacade is community-driven and is expected to attract a major user base. During 2023, with the current direction in which the project is heading, the value of MCADE looks set to skyrocket.

>>> You can find more information, including how to buy MCADE here <<<

5. Dogecoin (DOGE)

Dogecoin (DOGE) is a cryptocurrency that was created as a joke in 2013 by Australian programmer Jackson Palmer and American software engineer Billy Markus. Dogecoin has become increasingly popular over the years, though it differs from other cryptocurrencies due to its focus on community rather than large commercial usage.

Dogecoin continues to be used as an online payment system and accepted as currency at some stores, with transaction fees being much lower than other proof-of-work cryptocurrencies. Dogecoin is also frequently used for charitable causes, such as raising money for the Jamaican bobsled team in 2014 and for clean-water projects in Kenya.

Why buy DOGE?

DOGE is number 5 on the list of best cryptos to buy right now. The meme coin has lacked utility since it was first launched but has regularly been promoted by prominent figures such as Elon Musk. Since Musk purchased Twitter, it is expected that Dogecoin will become a payment method on the platform and speculators are expecting some big price action when this happens.

6. Decentraland (MANA)

Decentraland is an open-source, decentralized metaverse powered by the Ethereum blockchain. It gives users the power to create and share content using its native token, MANA, as a medium of exchange. Decentraland is fully owned and operated by its users without any central entity controlling the system's operations or user experience.

The platform has enabled a decentralized global community to form, allowing members to own their virtual creations and earn an income while trading items or promoting businesses in the metaverse. It is an exciting leap forward for user-generated content (UGC).

Why buy MANA?

The Decentraland metaverse allows anyone to build and monetize metaverse-based content. This can serve eCommerce and other businesses as they purchase metaverse real estate and build immersive utilities for customers.

It is widely expected that this can boost the level of metaverse adoption over time as it could play an important role in corporate-level marketing. For this reason, MANA is sixth on the list of the best cryptos to invest in now.

7. Stellar Lumens (XLM)

Stellar Lumens, commonly referred to as XLM, is an open-source, distributed digital currency and payment platform. Stellar Lumens has the potential to improve the efficiency of cross-border payments because it offers a fast, secure and extremely low-cost option for transferring funds internationally.

Stellar also enables people and organizations to issue tokens backed by funds on Stellar's blockchain, which makes Stellar an attractive choice for businesses looking to quickly onboard users or tokenize assets. With near-0 fees, Stellar stands out from other cryptocurrency networks, making it a popular choice for large enterprises.

Why buy XLM?

Stellar Lumens has formed partnerships with some major companies including IBM. The project looks like a useful blockchain solution for enterprises and financial institutions, as the network delivers a trusted and efficient method of processing crypto payments.

As blockchain technology continues to grow in popularity around the world, more businesses are seeking methods of integrating the technology with their day-to-day operations. Over time, this could raise demand for enterprise-grade blockchains such as Stellar and boost the price of XLM. For this reason, it is the second-best crypto to invest in now.

8. The Sandbox (SAND)

The Sandbox, often referred to as SAND, is a blockchain-based metaverse that enables players to build, own and monetize digital assets. The platform is designed with collaboration in mind and allows users to interact with each other using custom avatars and digital assets. The Sandbox utilizes NFTs (non-fungible tokens) which are used to represent digital belongings in the metaverse.

The platform also offers a marketplace where users can upload digital items they have created and publish them so other players can purchase them. The Sandbox strives to bring gamers, content creators and developers together by providing engaging gaming experiences in its immersive metaverse landscape.

Why buy SAND?

The Sandbox is one of the most popular metaverse games. It is expected to help to drive the expansion of the metaverse throughout the gaming industry as players are provided with a level of customizability that is very rare in legacy games. Over time, the SAND token is expected to reclaim its previous highs, so it is the third-best crypto to invest in now.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Top 6 Best Cryptos to Buy in 2024 for Maximum Growth

Don’t Miss Out On These Viral Altcoins Before BTC Price Hits $100K; Could Rally 300% in December

5 Top Performing Cryptos In December 2024 You’ll Regret Ignoring – Watch Before the Next Breakout

AI Cycle Returning? Keep an Eye on Near Protocol, IntelMarkets, and Bittensor to Rally Before 2025

Solana to Double its 2021 Rally Says Top Analyst, Shows Alternative that Will Mirrors its Gains in 3 Months