New Altcoins That Could Explode Instead of Elon Musk Dogecoin

New Altcoins That Could ExplodeThe crypto market is trading in the green after a dismal first half of the year. Market movers like Bitcoin and Ethereum are showing bullish activities. Even popular meme coin DOGE is posting a modest 24-hour climb of 3.52%. Despite having little utility aside from faster transaction time, Dogecoin’s most famous supporter, Elon Musk, has not been deterred. Musk has integrated DOGE payments into its Boring Company and SpaceX.

However, the crypto market continues to receive an influx of promising projects. This article will highlight new altcoins that could explode instead of the meme crypto king.

1. Battle Infinity (IBAT) – NFT and Metaverse Gaming Platform

IBAT, Battle Infinity’s token, is our first pick for new altcoins that could explode. Operating off the Binance Smart Chain (BSC) network, Battle Infinity is a combination of the non-fungible token (NFT) and metaverse concepts. A gamified fantasy sports blockchain protocol, Battle Infinity comes with play-to-earn (P2E) components that allow players to generate funds to engage with the games available on the platform.

Metaverse presale Battle InfinityAs an NFT platform, Battle Infinity allows players to retain ownership of their in-game assets. Also, they can interact with other players, watch, explore, and perform in the ever-expanding Battle Arena metaverse.

As a project with an Indian-based development team, Battle Infinity is a direct competitor to fantasy sports incumbents Dream 11 and Mobile Premier League in the Indian marketplace. The metaverse gaming platform’s mix of NFT and Metaverse concepts makes it a top contender for the next Axie Infinity in the coming years.

Also, Battle Infinity’s development team includes Indian developers, who have built a strong reputation as technical genii in blockchain development due to the continued growth of software engineering skills in the country. A classic Indian success is Ethereum’s layer-2 protocol, Polygon (MATIC), built by an Indian team.

In addition, Battle Infinity is Coinsniper verified, meaning that it is an anti-rug pull project. Early bird investors can get in on the project’s 90-day presale event for its IBAT token. The presale price is $0.0015, and the minimum and maximum investments are 0.1 and 500 BNB, respectively. Investors can visit the presale website and connect their Metamask or Trust wallet to buy the token. BNB is the accepted token. At press time, 1 BNB will net users 166,666 IBAT tokens.

Cryptoassets are a highly volatile unregulated investment product.

2. Lucky Block (LBLOCK) – Blockchain Gaming Protocol

LBLOCK tokens are also new altcoins that could explode in the crypto space. The gaming token, operating as a ticketing system for Lucky Block, helps to address issues surrounding transparency and fairness in the online gaming space.

LBLOCK Price ChartLucky Block aims to make the online gaming space more inclusive and fair to players. To do this, it relies on Chainlink’s Verifiable Randomness (VRF) service, allowing all winning tickets to be randomly selected. Its use of blockchain technology means anyone at any location can easily tap into the ecosystem of games without any demographic barriers.

The Lucky Block project, launched early this year, has been one of the shining lights in the crypto market. Its LBLOCK token surged more than 4,000% from its presale price of $0.0015 to $0.096 in mid-February. However, it has since slowed down, given the broader market correction.

Despite this, the Lucky Block ecosystem has continued to enjoy growing communal and platform interest. LBLOCK was recently listed on the popular centralised exchange, MEXC Global, following its V2 migration.

Investors are even keener to buy Lucky Block due to its offerings. With $5 worth of LBLOCK tokens, users can participate in Lucky Block’s daily draws in a bid to win millions of dollars worth of tokens. Lucky Block’s NFT collection, Platinum Rollers Club, also offers an entry into a million dollars NFT giveaway for its holders.

LBLOCK is currently trading at $0.00089, up 8.97% in the past week.

Cryptoassets are a highly volatile unregulated investment product.

3. DeFi Coin (DEFC) – DeFi Educational Hub

DeFi Coin is one of the popular names in the decentralised finance (DeFi) sub-sector. The project was created to educate and onboard the next wave of crypto and DeFi users into the market, making it one of the new altcoins that could explode in the coming crypto bull market.

DEFC Price ChartThrough its DeFi Swap app, the platform is looking to educate users on the benefits of crypto and the decentralised economy. Currently, the app is in development. According to the project’s roadmap, the app’s first iteration will launch this month. The DeFi Coin team recently announced that the app would be compatible with both Android and iOS devices, with a computer version in view.

DeFi Coin’s native token, DEFC, is currently trading at $0.087, up 12.65% in the past week.

Cryptoassets are a highly volatile unregulated investment product.

4. Stepn (GMT) – Web3 Lifestyle Fitness App

Stepn, a Web3 lifestyle protocol, offers the next coin on our list of new altcoins that could explode besides Dogecoin. Operating off the scalable and censorship-resistant Solana network, Stepn is a combination of social finance (Socialfi) and gaming finance (GameFi) components.

GMT Price ChartStepn rewards users with its native token, Green Metaverse Token (GMT), to incentivise a much healthier lifestyle for completing tasks, such as walking, jogging, or running. To facilitate this, users need a set of Stepn sneaker NFTs, which are virtual digital wearables. These training sneakers track the activities of the users and generate income for them, depending on their efficiency.

Stepn has gotten a lot of rave reviews and opened the world to a move-to-earn ecosystem. The platform has enjoyed overwhelming support and recently announced that its Q2 has been profitable. According to a Medium blogpost, Stepn was able to generate $122.5 million in profits through platform fees.

At press time, GMT is trading at $1.1, up 10% in the last seven days.

Cryptoassets are a highly volatile unregulated investment product.

5. Ripple (XRP) – Cross-border Payment Protocol

Rounding off our new altcoins that could explode is XRP, Ripple’s native token.

XRP Price Chart

Launched in 2012, Ripple aims to improve the current financial institutional landscape by making them interoperable through its XRP Ledger and facilitating easy cross-border payments. The platform has remained at the forefront of enabling better and easier remittances with little cost.

Ripple’s strong positional advantage as the blockchain network for state-sanctioned digital assets makes it a strong contender. For one, central bank digital currencies (CBDCs) have picked up significantly in the past year as over 90% of national banks are already exploring the prospects.

For its first-mover position in the CBDC space, Ripple has been shortlisted in the Bank of International Settlement (BIS) challenge for a CBDC solution.

At press time, XRP is trading at $0.36, up 11.84% in the past week.

Cryptoassets are a highly volatile unregulated investment product. 

Conclusion – New Altcoins That Could Explode Instead of Elon Musk Dogecoin

This guide reviewed new altcoins that could explode for crypto investors looking to invest in cryptocurrencies. However, our recommended new altcoin is Battle Infinity.

Related News

Battle Infinity – Best Crypto Presale 2022

Battle Infinity
  • Fantasy Sports Metaverse Gaming
  • Play to Earn Utility – IBAT Token
  • Powered By Unreal Engine
  • Presale Until October – 16500 BNB Hard Cap
  • Solid Proof Audited, CoinSniper Verified
  • Suresh Joshi Project Lead –
Battle Infinity

Source link

(Visited 2 times, 1 visits today)

About The Author

You Might Be Interested In


Your email address will not be published.

This is default text for notification bar