We can finally see the light at the end of the bear market tunnel.
With altcoins finally starting to gain momentum, it's the perfect time to go on a 'hunt' and try to find the ones that will bring massive returns by the end of 2022.
However, it's not going to be easy.
There are new areas in the blockchain industry that have been rapidly developing ever since the start of the year, including DeFi, the Metaverse, and NFT marketplaces.
This means that we'll have our hands full during the research phase.
Even though the leading altcoins like Ethereum, Litecoin, XRP, and Shiba Inu are still worthy contestants, there have been quite a few additions to the list that show potential to explode in the following months.
In this article, we will take a look at the best altcoins to buy in 2022 and analyze each one individually.
Here is a quick overview of the best altcoins currently on the market:
One of the safest ways to set yourself up for bigger gains is to create a diversified crypto portfolio that consists of different types of coins – meme coins, DeFi, Metaverse, etc.
We have analyzed hundreds of currencies and went through their features, tokenomics, underlying technology, daily trade volumes, and teams behind the projects.
As a result, we came up with the following list.
Tamadoge is a deflationary meme crypto that has one very unique trait – it comes with utility.
The native token TAMA is the primary currency used in the in-game Metaverse called Tamaverse – it's a place where players train their Tamadoge pets until they mature for battle.
Tamadoges get stronger with time, but they need to be looked after by their owners. Otherwise, they'll end up as Tamaghosts and lose their powers.
Additionally these pets are all unique NFTs that can be traded.
Once Tamadoges grow up, players use them in the battle arena and those who record the most wins can acquire valuable rewards from the Dogepool.
The project uses cutting-edge token and NFT technology and it was developed by some of the industry's leading crypto, design, and marketing experts.
Lastly, there aren't any tax fees imposed on TAMA transactions, which is extremely rare to see with a meme altcoin. It's no surprise that Tamadoge is being considered one of the Best Crypto to buy in 2022.
The presale for TAMA tokens is currently live, so don't miss your chance to get one of the best altcoins in 2022.
The presale of this token started on 25th July 2022. It should end on 2nd September, or if all tokens are sold out.
Everyone interested can buy TAMA with ETH or USDT, and there is no minimum amount of money required for the purchase. However, the Tamadoge team advised everyone who wants to buy the tokens to make the purchase of a minimum of $150 worth of ETH or USDT.
The price is $0.01 for 1 TAMA or $100 for 10,000 TAMA.
Here is a short guide on how to buy TAMA tokens:
Battle Infinity is a crypto gaming ecosystem that combines NFT, DeFi, and Metaverse technology and it currently stands as the best altcoin you can buy in 2022.
IBAT is the platform's native currency and it operates on the Binance Smart Chain. The value of in-game assets is displayed in IBAT, but players can also use it for staking, swapping, and transactions.
This altcoin was developed in India and its main home market competitors are Mobile Premier League and Dream 11.
However, Battle Infinity is looking to expand much further than that – it's looking to take over the world, just like its compatriot, Polygon Matic.
What's interesting is that some are even referring to it as the "next Axie Infinity".
The primary features are Battle Market, Battle Store, Battle Swap, Battle Stake, and the Battle Arena (the Metaverse in which the previous features can be found).
There's also the IBAT Premier League – the first-ever fantasy sports game with NFT technology.
In the Premier League, players form teams and compete against each other for a chance to acquire some superb prizes.
But, even though these features are incredible, the thing that attracted investors the most is that the project was KYC-verified by CoinSniper and audited by Solid Proof, meaning that there's no rug pull danger.
If you want to join the 'early investor club', you should know that the presale for IBAT tokens has ended a few days ago. It started on July 11th and it was supposed to last for 90 days, but all tokens were sold out in less than 50.
You could purchase a maximum of 500 BNB worth of IBAT or a minimum of 0.1 BNB.
The price per token was $0.0015, with fixed BNB/USD exchange rate set at $250.
Battle Infinity's presale started with a hard cap of 16,500 BNB and a soft cap of 2000 BNB (already fulfilled). You've missed the chance to get IBAT tokens at a discount, but you can still invest into the project as soon as it goes live.
If you want to get all the latest news regarding this exciting altcoin, feel free to join their Telegram group.
Lucky Block is a blockchain-based altcoin that incorporates P2E gaming elements and decentralized competitions.
This altcoin already has a track record of bringing early investors huge returns.
When it was launched at the beginning of the year, investors saw a 12,000% ROI in just a few weeks. What's more, it's the fastest crypto to achieve $1 billion in market cap, and the best crypto to buy now.
Originally, Lucky Block's native token (LBLOCK) was hosted on the Binance Smart Chain network and included a transaction tax fee.
But, the founders have recently released a new LBLOCK V2 token that operates as an ERC-20 coin.
LBLOCK V2 doesn't come with any tax fees, which makes it fitting for day trading. And more importantly, it's now also suitable for major CEX listings.
There were two listings in the past week – LBank and MEXC. This led to a massive 250% price increase in the last few days and it doesn't seem that its momentum will slow down.
The Robin to Bitcoin's Batman, Ethereum has been the leading altcoin in the market for as long as we can remember.
Not only does it have the largest platform for smart contracts in the crypto universe, but it's also the main place of development for some of the most notable Metaverse, DeFi, and Web3 projects.
Because of this, ETH coins offer some of the most advanced utilities which directly influenced its price growth of a mind-boggling 1.5 million percent in its November 2021 ATH.
Even though the network faced some issues over the past year for the high gas fees and transaction overloads, there still isn't an altcoin that can come close to its smart chain platform size.
While this won't exactly stop much future off and on-chain projects from building on the ETH network, the founder Vitalik Buterin is already working on fixing the problems.
To be precise, he is building an Ethereum 2.0 network that will improve overall efficiency and limit the supply of Ethereum (even despite the huge demand).
Combine this with a recovering market, and we get one of the best altcoins to buy in 2022.
Additionally, the upgraded Ethereum 2.0 network is considered a serious threat to some of the currently faster and more advanced networks on the market. After all, it wouldn't be the first time ETH surpassed its competitors by a long shot.
Some crypto analysts even believe that by 2030, Ethereum will dethrone Bitcoin and take over its spot as the number one cryptocurrency in the world.
While some might think that this is an overstretch, ETH already has a much more advanced ecosystem than BTC and comes with unique use cases that Bitcoin simply can't match.
Meme coins aren't exactly everyone's cup of tea, but with a 48,000,000% price increase in 2021, Shiba Inu deserves a spot on the list of the best altcoins to buy.
After all, this ROI is what pushed it into the top 20 cryptos by market cap list – a feat not easily replicated.
However, Shiba Inu isn't a typical meme coin anymore.
The token is slowly establishing itself as a DeFi system with a much larger ecosystem compared to other meme coins like DOGE.
What's more, the founders have announced that the layer-2 blockchain Shibarium will be released by the beginning of September, alongside the SHIB Collectible Card Game.
Here are some additional details on what these two things will change:
But, that's not all Shiba Inu is working on.
There is even a legit staking program for LEASH and BONE tokens that allows coin owners to earn additional rewards and a passive income.
Shiba Swap is another feature and it works as a decentralized exchange and an artist incubator where developers and digital artists can promote their projects.
Even though SHIB is far from its 2021 ATH, there is a huge possibility for it to surpass that amount and record new highs in 2022.
Solana was initially created in 2017, but after a long delay due to developments, it was officially launched in 2020.
Solana has an extremely fast smart contract platform that prompts quick transactions and low fees, which immediately popularized it as the "Ethereum Killer" after its release.
In the beginning, this altcoin didn't really get much attention from crypto traders, even despite its spectacular performance.
But, things finally changed in 2021 when the token practically exploded and established itself as one of the leading cryptos in the industry.
Solana has done a great job of further developing the technologies found on the ETH network, including DeFi apps, Metaverse and NFT projects, P2E crypto games, and decentralized exchanges.
Another thing that sets SOL apart from other projects is the PoH (proof-of-history) consensus system.
The mechanism places timestamps on transactions, which significantly reduces the amount of information that validators receive, resulting in a much quicker process compared to PoS (proof-of-stake) models.
Currently, Solana can process more than 60,000 TPS (transactions per second).
This is one of the main reasons why Solana coins peaked 130,000% above the original ICO price.
What's more, the bear market didn't have a huge influence on the development of the Solana network.
The founders are continuously expanding the network and ecosystem by adding new programs and protocols.
Once the market starts recovering, it's highly likely that Solana will surpass its historic all-time high and reach new heights, making it one of the best altcoins to buy in 2022.
Back when Ripple was launched in 2012, a large percentage of crypto experts and analysts believed that it was Bitcoin's biggest threat in the market.
This wasn't for nothing.
In a short amount of time, Ripple captured the attention of financial institutes all over the world due to its potential to replace SWIFT and change the way cross-border payments worked.
Ripple peaked around 2018 and there was a 68,000% price increase.
However, that's when things started going south.
Ripple Labs and its founders got a lawsuit from the SEC in the US Federal Court of Justice which plummeted the price of XRP in a matter of days.
Nowadays, the price of XRP is 90% lower compared to its ATH, which makes it one of the best altcoins in the market that are undervalued.
It's also the best altcoin to buy for speculative trading purposes because the lawsuit is coming to an end.
If Ripple wins it, the price will undoubtedly skyrocket once more. Conversely, if it loses the lawsuit, we might be looking at yet another yearly low for this interesting crypto.
Nonetheless, there are lots of professional traders that believe that Ripple's future is bright and that the price per XRP token will increase by at least 5000% by the end of 2023.
The Sandbox is one of the most exciting Metaverse altcoins out there and it offers players a chance to explore the interesting Sandbox ecosystem and communicate with each other.
Within the Metaverse, players can create and customize characters and then use them in P2E games.
Those who fulfill specific quests and win competitions receive SAND tokens, which represent the primary in-game currency.
Later, players can use the SAND tokens to purchase plots of land in the ecosystem. On the land, they build their own properties and sell them as NFTs on the open marketplace.
Since some investors are a bit skeptical about how lucrative this can be, you should know that recently, a Sandbox player successfully sold 100 virtual lands for a mind-boggling $4.2 million.
In mid-2020, SAND was priced at $0.05 per token and reached its ATH of $8.45 in November 2021 – a 16,000% increase.
Currently, the price of SAND is $3 per token, which makes it one of the best altcoins to buy in 2022 for huge gains.
Filecoin is another one of the best altcoins to buy in 2022.
With so many businesses operating online, it doesn't come as much of a surprise that storage space is considered a luxury nowadays.
So far, Amazon Web Services has dominated the storage industry singlehandedly, but Filecoin is looking to shake things up.
It works as a decentralized storage platform that offers unused storage resources to token holders.
Additionally, those who provide space can in turn receive the native currency – FIL.
Filecoin aims to leverage blockchain technology to create a better and more affordable option for storage services.
This kind of idea can turn out to be extremely profitable, especially if Web 3.0 technology becomes more reliant on blockchain networks – it could make Filecoin the primary platform for cloud storage.
Since the demand for storage space will likely continue growing over the next few years, Filecoin deserves a spot on any trader's 'best altcoins to buy' list.
For years now, Binance Coin has maintained its place at the top of the crypto industry due to its impressive market cap.
Binance Coin is the native governance token of the Binance Exchange – one of the biggest crypto exchange platforms in the world.
With a combination of unique use cases and the hype around Binance, BNB is determined to stay on top in the foreseeable future.
Even though this altcoin stagnated over the past few months, which was caused by the Binance Smart Chain development, many investors still consider it as one of the top 10 altcoins to invest in 2022.
If you were wondering which the best altcoins to buy in 2022 are, then this list pretty much answered all of your questions.
We included cryptos that incorporate different kinds of technologies, from DeFi and Metaverse to P2E crypto projects.
However, even though these best altcoins seem very likely to explode towards the end of 2022, you shouldn't overlook the potential of Bitcoin in the long run.
Also, don't forget to do your own research as well before investing any serious money into these projects.
There isn't a single crypto analyst or expert in the industry that can say which best altcoin will explode in 2022 with certainty.
Instead, every successful trader knows that the key to success is thorough research.
According to ours, the top 10 altcoins that will explode include ETH, ADA, SOL, MANA, SHIB, XRP, BNB, FIL, AAVE, and SAND.
You can find the best altcoins to buy in 2022 by checking out their unique features, characteristics, underlying technology, the team of developers, and all the other relevant details.
This will help you determine whether the altcoins are currently undervalued and have room for improvement.
Even though there are thousands of different places to buy the best altcoins, your safest bet is to go with the largest crypto exchanges.
This list includes names like eToro, Coinbase, and Binance.
Although, sometimes the best altcoins won't be listed on every single exchange, so do your due diligence before opening an account on a specific exchange.
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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.