Best New Cryptocurrencies to Invest In 💡💰

in #crypto2 years ago

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It may seem odd, but new cryptocurrencies have emerged even during the current crypto market recession. It may yet again show how resilient and promising the cryptocurrency industry is. We have analyzed the opinions of cryptocurrency experts and put together a list of the new crypto coins that you may find interesting.

New Crypto Coins

🔸 ApeCoin (APE)

ApeCoin (APE) is an ERC-20 governance token compliant with the Ethereum network. The new cryptocurrency release took place in 2022. ApeCoin will become the primary token for new products and services launched by Yuga Labs, the same group that created the Bored Ape Yacht Club (BAYC) NFT project, a popular non-fungible token (NFT) project built on the Ethereum network.

The Bored Ape Yacht Club started in April 2021. It offers thousands of individual ape NFTs, and each has its distinct facial expressions and clothing. The concept gained popularity as celebrities such as Jimmy Fallon, Justin Bieber, and Paris Hilton invested enormous money in the Bored Ape NFTs.

Additionally, ApeCoin is the native cryptocurrency for the APE ecosystem, which includes the ApeCoin DAO and all services and products utilizing APE. The token and the DAO are managed by the APE Foundation. The holders of ApeCoin are the only voters in the DAO, which the Foundation facilitates.

💰 ApeCoin price: $5.71.

🔸 Volt Inu (VOLT)

Volt Inu (VOLT) is a hyper-deflationary token, it aims to invest in multiple asset classes such as NFTs, nodes, altcoins, staking, and farming of stablecoins. This investment diversity allows to mitigate the risk while taking advantage of the possible non-correlated growth of the trending assets.

Since VOLT is intended to be a hyper-deflationary token, profits made on treasury investments are then used to buyback and burn VOLT tokens. VOLT uses the BNB Chain and Ethereum to reach its community. Given the involvement of the massive community, the project had to find a mechanism to reward its followers.

The Automated Social Activity Reward tool incentivizes the involvement of VOLT holders by implementing a ranking and reward system according to the number of tasks completed to increase the exposure of VOLT. Additionally, in order to be eligible for weekly rewards, it will be required to hold VOLT tokens and holders burning some of their VOLT will qualify for bonuses. Moreover, Volt Inu is working on its own Swap (DEX), NFT Ecosystem, and a Launchpad.

💰 Volt Inu price: $0.000001572.

🔸 TechTrees (TTC)

TechTrees (TTC) is a brand-new public welfare organization using Web 3.0 and blockchain technology to bring attention to world planting on a large scale. In its essence, it’s a community-driven token and utility-centric coin focused on diversity across decentralized space from GameFi, and NFTs to the Metaverse. The staking module has also been launched, and here, players can obtain stable APR and SBT green points.

The company, also known as TTC, was launched on September 10, 2022, in response to an Elon Musk tweet. TechTrees was officially proposed for low carbon emissions and sustainable development. TechTrees Coin analyzes satellite imagery that monitors the entire forests and predicts possible deforestation using Artificial Intelligence. It helps produce Tree-Bombing drones to speed up the planting process. TTC was conceived to act as an international fundraising Web 3.0 organization to support the work of tree planting, protecting tropical forests, and driving down carbon pollution globally. The project seems to be an interesting investment option for those interested in eco-friendly initiatives.

💰 TechTrees price: $0.001582.

🔸 Aptos (APT)

Dubbed by many ‘the Solana Killer,’ Aptos (APT) is presented as the best new crypto, a ‘scalable, safe, reliable, and upgradable’ network that’s been under development for over three years and has just launched its mainnet. To represent the state of the ledger, Aptos uses Move’s object model. Move is a new smart contract programming language, and its main focus is on both safety and flexibility. It uses Move modules to encode the rules of state transactions. A Move module has the Move bytecode which declares the structs and procedures. The structs are merely the data types.

The Aptos network operates on a Proof-of-Stake (PoS) consensus algorithm where validators need to have a minimum required amount of staked Aptos tokens to participate in transaction validation. AptosBFT, on the other hand, is the protocol’s BFT consensus algorithm, and it is based on HotStuff. With its innovative architecture, Aptos may be heading into a promising future and may be called the best crypto of 2022.

💰 Aptos coin price: $15.72.

🔸 Stepn (GMT)

With STEPN (GMT), users may earn tokens by walking, jogging or running outdoors with an NFT sneaker. STEPN aspires to motivate millions of people to adopt better lifestyles by bringing them into the Web3 era while also helping to achieve carbon neutrality. GMT’s price soared 34,000% in just 41 days, from $0.01 on March 9, 2022, to a new high of $3.45 on April 19, 2022. Its meteoric rise was fueled by the buzz surrounding decentralized finance projects that reward users with tokens for remaining active.

Users can sell/buy or lease/rent NFT sneakers, gems and badges on the marketplace and can earn game currency by jogging, walking or running outside, which can be cashed out for profit or utilized in-game. The marketplace has a simple filter and sort tool for quick navigation.

💰 Stepn price: $0.5161.

🔸 Lucky Block (LBLOCK)

Lucky Block (LBLOCK) is something entirely new in the world of crypto. The project describes itself as a worldwide crypto lottery token that implements blockchain protocols and operates on top of the Binance Smart Chain.

The project’s developers claim that they aim to increase transparency and fairness in online gambling. Online wagering has been accessible with the rise of the internet and smartphones. The objective for the team is to create a Lucky Block lottery system offering better win odds for the player while providing a sound strategy for the token holders who are working towards contributing to the Lucky Block community. This also enables further transparency as the initiative of the crypto lottery project can start to compete with local financial systems for gaming.

The Lucky block uses a simple method for creating a lottery system. It charges $5 for a lottery ticket which is paid with Lucky Block (LBLOCK) tokens. It allows this purchase for any user regardless of where they are bound geographically. They are starting with daily draws and planning to build it up to two draws per day. Then, using a random number generator, a winning ticket is selected to which the lottery prize is allocated.

💰 Lucky Block price: $0.0002347.

🔸 Terra (LUNA)

Terra (LUNA) coin has fallen from a peak of more than $117 in April 2022 to barely one-hundredth of a cent, sending shockwaves right across the crypto market. After this crash, an entirely new blockchain was created with its own cryptocurrency. On May 27th, 2022 the phoenix-1 Terra mainnet launched, ushering in a new era of development by the Terra community.

Terra is an open-source blockchain hosting a vibrant ecosystem of decentralized applications and top-tier developer tools. Using proof-of-stake consensus and ground-breaking technologies like Mantlemint, Terrain, and Terra Station, the Terra blockchain is one of the fastest chains in existence, giving users an unparalleled DeFi experience.

The Terra blockchain is a Proof-of-Stake blockchain, powered by the Cosmos SDK and secured by a system of verification called the Tendermint consensus. Luna is the Terra protocol’s native staking token. Luna is used for governance and in mining. Users stake Luna to validators who record and verify transactions on the blockchain in exchange for rewards from transaction fees.

Terra (LUNA) price: $2.09.

🔸 Saitama (SAITAMA)

Community-driven Web3 platform Saitama seeks to use DeFi to help people incorporate crypto into their everyday lives. Saitama aims to simplify DeFi by educating mainstream users and providing them with real use cases. Saitama Inu started as a meme token project in 2021 but upgraded its token contract in June 2022 to incorporate utility for its holders. It has since been renamed to simply Saitama to reflect its new focus as a utility coin.

At the core of the new Saitama ecosystem is SaitaPro, which is a mobile and desktop app that lets users stake, swap, farm and hold tokens in a noncustodial wallet. SAITAMA powers Saitama Inu’s ecosystem. Token holders can use SAITAMA tokens to pay for fees on SaitaPay, a platform that allows users to buy tokens using credit or debit cards.

SAITAMA can also be used on SaitaSwap, a DEX on Saitama, for trading, staking and providing liquidity. SAITAMA’s use cases are constantly evolving, with its utility expected to increase with the launch of new projects such as SaitaChain (Saitama’s own blockchain) and SaitaCity (Saitama’s metaverse). Token SAITAMA was upgraded in June 2022 to its second version V2.

💰 Saitama crypto price: $0.0026.

🔸 Kiba Inu (KIBA)

Kiba Inu (KIBA) is a meme-coin which is building a diverse ecosystem consisting of numerous products, it exits on the Binance Smart Chain and Ethereum. The project offers a bridge between the two networks allowing holders on both sides to transfer their coins across both blockchains. KIBA powers all of the main elements of the Kiba Inu ecosystem. KIBA holders also have exclusive access to the Kiba tools suite. It offers launch pad-like services directly within Kiba Swap, with features such as minting new tokens, liquidity locks, token locks, and Initial coin offerings (ICO).

Kiba Inu’s main advantage is that it is readily available for purchase. Since there is Kiba Inu Exchange, users can get their KIBA coins instantly. Essentially, KIBA remains accessible for investors at any moment. This means that you will not have any problems getting hold of Kiba Inu coins. Another cool feature of Kiba Inu is its multi-chain model. Basically, investors have a choice which type of the KIBA token they wish to have. For instance, BSC KIBA transactions will have lower fees and will be faster than the Ethereum ones.

💰 Kiba Inu price: $0.000006033.

🔸 RichQUACK (QUACK)

RichQUACK (QUACK) was released last year, however, StealthEX has just added it to its vast exchange list as the best new crypto to buy. Originally intended as a quasi-competitor to Dogecoin when launched in June 2021, RichQUACK is a community-driven project designed for automatic liquidity that generates payouts and static rewards for its holders.

RichQUACK features a BEP-20 token that is hyper-deflationary. This means that while 50% of its total QUACK supply of 100 quadrillion was seeded as liquidity, the protocol’s Black Hole Algorithm is designed to exponentially reduce the remainder. QUACK also features a 10% transaction fee, automatically distributed to token holders through an automated yield farming system. Out of the collected fees, 5% goes to the auto-farming system, where tokens are distributed to the token holders, while another 5% is locked in a liquidity pool on PancakeSwap.

💰 RichQUACK coin price: $0.000000001442.

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Romain Malaunay

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