Cryptocurrency has come to stay and has also become a viable means for individuals to generate consistent income. Whether you’re a professional crypto trader or a beginner looking to invest in cryptocurrency, you can choose many crypto assets for the best returns.
In addition, owning crypto can help you place easier bets, especially when you can access NBA picks. However, when investing in crypto, the most profitable way is to purchase the asset when it hasn’t gained much market valuation. Investing in NFTs has gained significant attention in recent years, particularly in the digital art and collectibles space such as Chainers. Investing in any cryptocurrency when the value is low guarantees higher returns should the value increase, shooting to the moon.
With this in mind, let’s examine the best cryptocurrencies you can invest in according to recent developments, growth performance, potency, and future performance.
Love Hate Inu
Love Hate Inu is one of the many cryptocurrencies rapidly gaining traction worldwide. $LHINU is a blockchain-based vote-to-earn crypto platform that allows owners to vote on exciting entertainment events, social issues, global events, general elections, and local referendums.
Love Hate Inu is our top pick for the best cryptocurrency asset you can invest in. According to its whitepaper, the Love Hate Inu ecosystem is backed by the blockchain and smart contract technology. Hence, users can confidently vote to know that their identity will be protected and votes will be fair, transparent, and secured.
Love Hate Inu is disbursing 900 million tokens for presale, and users must stake $LHINU tokens for at least 30 days. The more you vote on polls, staking your $LHINU, the more crypto tokens you receive as rewards.
DeeLance
DeeLance is another developing cryptocurrency that uses a fully decentralized network for recruiters and freelancers. It is an innovative Web3-based platform that establishes a metaverse for freelancers and employers to connect.
Using the native $DLANCE token, creative content buyers and sellers can exchange ideas, collaborate, and network. Conversely, DeeLance features an NFT marketplace that allows users to purchase NFTs using the $DLANCE token. You can buy Deelance tokens at a subsidized rate of $0.025 USD each.
Fight Out
Fight Out is one of the best cryptos to lock in on investment if you’re looking to scale up with new and innovative crypto projects. In addition, Fight Out creates an ecosystem that connects the fitness industry to the blockchain world.
Users in this ecosystem can earn crypto rewards each time they exercise. For instance, a user who completes a 15 km jog or lifts weights will be rewarded with REPS tokens. Hence, the total REPS token received depends on the exercise’s rigorousness.
$FGHT token is on presale with a market price of $0.02860 and will be listed soon on an exchange at 0.0333. In addition, there’s a presale bonus given to investors, and $FGHT has raised over $5.4 million and is expected to sell out.
Metropoly
Metropoly is a real estate-specific NFT marketplace. It takes account of physical real estate assets and not metaverse real estate assets by transferring valuable real estate assets to the blockchain as NFTs and dividing them into affordable bits.
On the NFT marketplace, you can find a wide range of profitable fractional NFTs starting at $100. In addition, Metropoly makes real estate investing easier. On Metropoly, you can trade NFTs in a few clicks, compared to the traditional market, where the process can take months or years.
Nonetheless, you are entitled to a portion of the rental proceeds from the underlying assets you purchase as NFT. Interestingly, you can hold the NFTs in anticipation of value appreciation while the Metropoly team handles the hassles and headaches involved, such as maintenance and finding tenants.
Bitcoin
We can’t talk about cryptocurrencies you can invest in without mentioning Bitcoin. Bitcoin is the market’s largest and most innovative cryptocurrency worldwide. Despite the fact that Bitcoin has generated life-changing returns since its inception in 2009, the digital asset is currently trading at a significant discount.
Considering its recent performance of over $48,000, Bitcoin can now be purchased at a 54% discount. Compared to its all-time high of over $68,000, Bitcoin’s current price represents a 68% discount.
Bitcoin has shown strong signs of recovery since hitting 52-week lows of $15,500. As earlier said, the best time to purchase a crypto asset is when the value is low. Although Bitcoin has recovered to $25,000, this represents a more than 60% short-term gain.