The top 5 cryptocurrencies that whales are investing in for 2022
An overview of the top 5 cryptocurrencies that will be purchased by crypto whales in 2022
Users must be curious about what whales in cryptocurrency are. Individual or institutional investors who own significant quantities of cryptocurrencies are known as "crypto whales."
This guide will cover which cryptocurrencies the whales are buying and which ones are the best long-term investments.
The top 5 cryptocurrencies that crypto whales are planning to purchase in 2022 are as follows:
#Battle Infinity - Best cryptocurrency to buy in 2022
#Lucky Block - Best cryptocurrency to buy now in 2022
#Bitcoin - The biggest asset among crypto whales
#XRP - Top 5 cryptocurrencies to invest in in 2022
#Cardano - Popular proof-of-stake blockchain
Before deciding what cryptocurrency to buy in 2022, consumers can research and analyze the possibilities and prices of the assets they are interested in. Here are the top 5 cryptocurrencies that crypto whales are investing in. The best five cryptocurrencies to buy in 2022 are covered in the sections below.
1. Battle Infinity - The best cryptocurrency to purchase in 2022 is Battle Infinity.
We suggest Battle Infinity as one of the top cryptocurrencies to purchase in 2022. Battle Infinity is a decentralized initiative that uses blockchain technology to enable users and producers to take part in numerous play-to-earn (P2E) games.
The Battle Arena, a metaverse platform that enables users to participate in a virtual ecosystem to play games and earn in-game rewards, is the company's core offering. IBAT, the utility token, helps Battle Infinity maintain its platform.
The IBAT Premier League, the first decentralized and NFT-based sports fantasy league in the world, is one of its key components. The IBAT token, which can be exchanged for other cryptocurrencies through the IBAT Battle Swap function, is used to distribute in-game incentives.
To engage in the metaverse, users can create their own characters and avatars on the Battle Market. Each avatar has a distinct ID and is created using ERC 721 smart contract protocols as NFTs (Non-fungible Tokens).
IBAT tokens can also be deposited by users in the Battle Stake mode, where they can be locked up in exchange for an APR (APY). IBAT is used to execute transaction fees on the platform, and 50% of those costs are routed to global liquidity pools, from which players receive rewards.
2. Lucky Block - The best cryptocurrency to buy now in 2022
Another of the top cryptocurrencies for the long term is the Lucky Block initiative. Players who access the Platinum Rollers Club NFT to participate in weekly rewards can access this decentralized project's NFT-based competitions platform.
Every Friday, Lucky Block has a weekly main draw and an NFT draw with prizes up to $50,000. The utility token of this platform, LBLOCK, is used to pay out the majority of the awards. By purchasing at least five $1 apiece tickets, users can join the draws.
Given that a second version (V2) of the token was issued, LBLOCK is currently undergoing significant development. V1 has a BEP 20 token, which entails a 12% transaction tax. The ERC 20-based V2 coin, which is used on central exchanges (CEXs), is free from additional transaction fees.
At the end of January 2022, LBLOCK started trading, and within two weeks, it had increased by more than 1,000%. Users may purchase Lucky Block right now for $0.0009 per token.
3. Bitcoin- is the most valuable asset for crypto whales.
With a $450 billion market valuation, Bitcoin is the first and most valuable cryptocurrency in the world. Important financial organizations are interested in this peer-to-peer online coin.
A whale investor in bitcoin is one who has 1,000 or more BTC tokens. The crypto whales tracker shows that over 40% of the BTC tokens are held by whales.
Satoshi Nakamoto, the person who created Bitcoin, is said to own between 75,000 and 1 million of the digital currency. Following the rise in popularity of Bitcoin, a number of businesses have begun include this token in their balance sheets.
The greatest holding of Bitcoin in any corporation worldwide is held by business intelligence firm MicroStrategy. About 130,000 BTC tokens, or $29 billion, are held by this company.
In November 2022, Bitcoin's value reached an all-time high (ATH) of $70,000, but it has since dropped by more than half. Bitcoin, which is currently trading for $23,000, may be among the finest cryptocurrencies to purchase in 2022.
4. XRP, one of the top 5 cryptocurrencies to buy in 2022.
The native token of Ripple's open-source, permissionless protocol is called XRP. Ripple wants to be the top cryptocurrency solutions provider for businesses by utilizing blockchain technology. When processing transactions on a worldwide scale, Ripple provides business and financial institutions with transparent, efficient, and affordable solutions.
Transactions for fiat currencies, well-known cryptocurrencies like Bitcoin, and even different commodities can be facilitated via the decentralized platform. As a low-cost supplier, XRP charges just $0.0002 for each transaction. Additionally, XRP transactions process in just 2 to 5 seconds.
XRP currently has a market worth of more than $18 billion and trades at $0.37.5. The well-known proof-of-stake blockchain Cardano.
5. Cardano - Popular proof-of-stake blockchain
Popular decentralized blockchain platform Cardano uses proof-of-stake (PoS) consensus to run its operations. To enable the development of multiple DApps (Decentralized Applications) and DeFi protocols on its network, the platform has deployed smart contracts.
Cardano has grown to be one of the most well-liked blockchains among developers, and its platform has so far produced over 800,000 NFTs. Cardano offers rapid transactions and long-term scalability, which contributes to its appeal. Cardano can process up to 250 transactions per second (TPS), as opposed to Ethereum's 15 TPS.
The native cryptocurrency token of Cardano, called ADA, is at the heart of its blockchain architecture.
Because ADA has increased by more than 2,300% since its inception in 2017, users have reaped significant rewards. ADA now has a market worth of $18 billion and trades at $0.53 per token.
How to buy IBAT?
The sections that follow explain how to purchase Battle Infinity (IBAT), the top cryptocurrency to buy in 2022.
Step 1: Create a BSC-compatible wallet
To purchase Battle Infinity, users can download a BSC-compatible wallet like MetaMask.
To begin using MetaMask, click "Download."
Step 2: Connect MetaMask to BSC
After downloading MetaMask, click "Add Network" and provide the following data to add the BSC:
Network Name: Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
Click on ‘Save’ to continue.
3. Purchase a BNB.
IBAT must be purchased by users with BNB tokens. Access your favourite cryptocurrency exchange, acquire the tokens, and then transfer them to your MetaMask wallets to purchase Binance Coin.
Step 4: Link MetaMask to presale dashboard
To connect MetaMask with Battle Infinity, go to the Battle Infinity presale page and select the "Connect Wallet" button.
The wallet can then be linked to the presale by selecting the MetaMask option and following the on-screen instructions.
Step 5: Purchase IBAT (Battle Infinity)
Users only need to scroll down to the open order slot labeled "Buy IBAT" to proceed.
They should enter the quantity of IBAT they want to buy and then click "Buy IBAT" to complete the transaction.
Conclusion
The top 5 cryptocurrencies to invest in for 2022 have been examined in this guide. Due to its multi-utility token, we select Battle Infinity as the greatest cryptocurrency out of the choices. IBAT allows users to trade their tokens, stake them for interest, and receive in-game prize.
@MarcDeMesel , @Ellie , @RogerVer @Read.Cash @ErdoganTalk , @Telesfor
I think this time I should also invest in some of the cryptocurrency because it is the future