Metacade Tops List of Best Cryptocurrencies to Buy in December 2022

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The crypto business has been going by way of a tough patch in latest months. Rather a lot of tokens have misplaced practically 90% of their worth since hitting their all-time highs in late 2021. On the opposite hand, which means that the worth of some tokens has by no means been decrease.

That makes now doubtlessly the proper time to reinvest in crypto. With that in thoughts, we’ve created this text protecting the very best cryptos to purchase in December 2022 to assist you do this. 

Read on to discover our record of the very best cryptocurrencies to purchase proper now and explanations for why they might soar.

1. Metacade (MCADE) – Web3 Gaming Social Space

Metacade is Web3’s first neighborhood gaming hub. Rather than specializing in a single sport title, the platform is a complete arcade with a spread of video games. It’s additionally the place avid gamers and neighborhood members of all backgrounds and objectives can come collectively to benefit from the most interesting choices in crypto gaming.

What units Metacade aside from different tasks in the gaming area of interest is the truth that it should home a spread of completely different GameFi tasks in one place. That means, each gamer will discover one thing to take pleasure in in the Metacade regardless of their pursuits or talent stage. 

Looking at that from an funding angle, relatively than pouring funds right into a single challenge or sport which may very well be hit and miss, Metacade has the profit of being the hub for a number of tasks and subsequently shall be higher diversified at its core. Think of it as comparable to investing in Disney+ or Netflix as a substitute of higher on a single film.

Metacade’s MCADE token is ready to act because the gas for this rising financial system. Gamers shall be in a position to use it to interact with the Metacade ecosystem by way of gaming tournaments and prize attracts, shopping for merchandise, and rather more. MCADE holders could have the choice to stake their tokens to help the neighborhood and be rewarded for his or her engagements throughout the Metacade. So, as soon as Metacade begins gaining steam, early MCADE adopters are doubtless to be making some severe features.

On prime of that, Metacade payments itself as a hangout the place its neighborhood can join and collaborate. As half of its “Work2Earn” roadmap proposal, Metacade shall be providing Metagrants to sport builders as a supply of funding to create the very best video games for the platform. In addition, the platform will publish listings for jobs throughout the gaming neighborhood earlier than branching out to share alternatives in the broader Web3 area. 

When you place all of the weather of Metacade collectively, it’s clear that it’s one of probably the most bold rising tasks in the area. This is precisely why we’ve ranked it as the #1 cryptocurrency token to purchase for December 2022.

>>> You can take part in the Metacade pre-sale here <<<

2. GMX – Decentralized Perpetual Trading

GMX is a decentralized perpetual trade that permits crypto buyers to commerce well-liked currencies with up to 30x leverage with out having to full any KYC necessities. Its native forex is one other one of the very best cryptos to purchase this 12 months for a couple of causes.

First, GMX has some of the best usages of any decentralized trade, with greater than $70 billion in complete buying and selling quantity and over 130,000 customers.

GMX can be a cross-network software. It’s accessible on each Arbitrum (the preferred rising Ethereum layer 2 challenge) in addition to Avalanche. This offers it a bigger complete addressable market than most buying and selling protocols.

Finally, customers can stake their GMX tokens and get again both Avalanche or Ethereum, relatively than extra GMX tokens. So if you happen to plan on staking both of these all through the bear market, proudly owning some GMX will make it simpler to accomplish that.

3. Solana – The Biggest Non-Ethereum Layer 1

Solana (SOL) is at an fascinating level in its improvement. It may both emerge as the preferred non-EVM good contract community in the subsequent bull market or it may lose market share to new tasks. Our guess is on the previous for a quantity of causes.

Solana provides lightning-fast transaction speeds and has all of the technological capabilities {that a} layer 1 good contract platform wants to scale. However, in contrast to Ethereum, which is trying to scale up by including further layers on prime of the bottom layer, Solana can scale as it’s.

This creates a state of affairs in which utilizing Solana ought to turn into an expertise with much less friction than Ethereum. That’s one motive why it may dominate in the subsequent market cycle.

Solana additionally has some of the highest activity levels of any good contract platform. People already take pleasure in utilizing the chain (particularly for NFTs). Many different non-Ethereum chains have to present incentives for individuals to proceed utilizing them, however not Solana.

4. Polygon –  An Up-and-Coming Ethereum Sidechain

Polygon (MATIC) is an Ethereum side-chain that has seen some of the very best enterprise improvement in the business. It’s rising because the go-to chain for manufacturers that need to dip their toes in the world of crypto. For instance, Polygon has developed partnerships with Disney, Reddit, Starbucks, and Draftkings, amongst many others. 

These sorts of partnerships ought to assist to make Polygon one of the leaders when it comes to mainstream crypto adoption. If MATIC can leverage the connections it’s made right into a sustained consumer base, it may turn into one of the main performers of the subsequent cycle.

5. Magic – Arbitrum Gaming Hub

Magic is the native cryptocurrency of the Treasure ecosystem. It could also be one of the very best cryptocurrencies to purchase transferring ahead for a number of causes.

First, Treasure is rising because the go-to NFT market on Arbitrum. Arbitrum is the fastest-growing Ethereum layer 2 and will positively turn into a significant winner in the subsequent market cycle. Additionally, Treasure is well-positioned to take benefit of this, which ought to add worth to the Magic token.

Magic may emerge as a form of bridge forex that connects all kinds of P2E video games on Arbitrum. It’s price noting that whereas Magic’s potential may be very excessive, its market cap remains to be comparatively low. 

6. Arweave – Crypto Storage Infrastructure

Arweave is one other thrilling challenge that might turn into one of the very best cryptos to purchase transferring ahead. It’s a crypto infrastructure token, which permits customers to retailer knowledge completely for the very first time.

Historically, firms and folks have had to depend on centralized suppliers to retailer their most essential knowledge. In the previous, these suppliers may single-handedly lose or delete the info in error, by way of a hack, or by a designed deletion characteristic.

With Arweave, individuals won’t ever have to fear about that once more. Their movies, recordsdata, footage, and different essential sorts of knowledge will exist completely thanks to the challenge’s modern use of blockchain know-how.

7. Alien Worlds (TLM) – Discover Planets and Build with Friends

Alien Worlds is a multi-planetary GameFi expertise that stands out as one of probably the most bold in all of crypto. Players can kind DAOs, buy planets, and earn revenue by attracting guests to these planets by way of video games, occasions, and extra.

The TLM token is the native forex of this rising ecosystem. Players can earn by finishing missions, buying and selling NFTs, and collaborating in the broader Alien Worlds ecosystem alongside different gamers.

Alien Worlds can be accessible to play on Ethereum, WAX, and the Binance Smart Chain. This makes it simpler for a large group of gamers to take pleasure in it, which may assist it develop its consumer base considerably throughout the subsequent market cycle.

8. Chiliz – Connecting Crypto with Major Real-World Brands

Chiliz is a layer 1 blockchain that focuses on connecting sports activities and leisure icons with their audiences in new and rewarding methods. It’s already being utilized by some of the highest manufacturers in the world.

For instance, AS Roma – the favored soccer crew – has created an AS Roma fan token by way of Chiliz. Owners of this fan token get unique rewards and entry to the crew and its gamers.

Entertainers can use Chiliz’ ready-made know-how to join with their followers in comparable methods. This has the potential to open up new income streams for artists and for viewers members to construct extra significant connections with their favorite musicians. 

Chiliz has emerged because the clear chief in a sector that might turn into large as increasingly groups, manufacturers, and entertainers see the worth they’ll derive from collaborating in this ecosystem.

9. Ethereum – The Smart Contract Standard

As the dominant good contract platform, Ethereum is a challenge that wants no introduction. Is ETH nonetheless one of the very best cryptocurrencies to purchase? We suppose it’s.

Ethereum is much and away the chief in the race for a wise contract platform. It has probably the most customers, probably the most transaction quantity, and is probably the most outstanding cryptocurrency on the NFT scene. That being stated, there’s motive to consider that its progress remains to be in the early phases.

Ethereum has simply accomplished the Merge, which noticed it go from a proof-of-work consensus mannequin to a proof-of-stake one. This launched a burn mechanism, which lowered the issuance of ETH significantly. Essentially, this implies there shall be far much less promote strain to maintain the asset down transferring ahead.

Additionally, Ethereum is simply beginning to scale with layer 2 tasks like Optimism and Arbitrum. This will permit individuals to use Ethereum for decrease costs and at quicker speeds. With all of these modifications, Ethereum could also be ready to take the subsequent step in its evolution, making it a very good possibility to maintain in 2022

10. DopeX – Synthetic Assets and Decentralized Trading

DopeX is a decentralized choices trade for possibility writers, possibility consumers, and liquidity suppliers. It provides artificial belongings, fixed liquidity, and fixed yield alternatives.

The DPX token works in the same means to GMX, which we featured earlier on our record. However, DopeX has a decrease market cap than GMX, which implies that it might provide a greater return in your funding transferring ahead.

11. Bitcoin – Decentralized Store of Value

Finally, no record of the very best cryptocurrencies to purchase can be full with out Bitcoin. It’s been a tough 12 months for the business’s premier crypto asset. However, on the finish of the day, Bitcoin isn’t going wherever. There are lots of issues to look ahead to in relation to Bitcoin in the approaching years.

For instance, the elemental objective of Bitcoin is to present a method of storing wealth outdoors of the trendy monetary ecosystem. Since conventional finance goes by way of one of probably the most difficult phases in fashionable historical past, Bitcoin might have a chance to thrive.

Fiat currencies are being inflated at a speedy tempo and central banks are struggling to rein inflation in with out threatening full-on monetary collapse. Ultimately, Bitcoin may emerge because the most secure and most safe means to retailer wealth in the complete world if the monetary state of affairs that we discover ourselves in doesn’t resolve its issues quickly.

Also, Bitcoin is down about 70% from its all-time highs as of the time of writing. That makes now a wonderful time to start stacking sats.

Metacade Continues to Shine

After the latest downturn in the market, cryptos are anticipated to see an enormous resurgence comparatively quickly. Each of the crypto tokens on our record could be a good funding determination for individuals with completely different objectives and concepts about the place crypto is heading. While we will anticipate all of them to begin going up, Metacade in specific has the brightest future forward. With its bold scope, widespread attraction, and room to develop, Metacade has big progress potential and this makes it our prime choose for cryptos to purchase.

You can take part in the Metacade pre-sale here.