Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.
There are thousands of cryptocurrencies, so finding projects with the most potential to blow up can be a daunting task.
We’ve sifted through numerous projects to find the 12 hottest crypto to buy today.
To aid the research process for investors, we’ve included a full analysis of each cryptocurrency to help locate the hottest projects.
The 12 Hottest Cryptocurrencies to Buy Right Now
Below is a quick-view list of the hottest crypto to buy right now.
We’ve included a diverse selection of projects to suit most traders’ and investors’ goals.
- IMPT – Next Hot Crypto With Carbon Offset Initiatives
- Tamadoge (TAMA) – Meme Coin and NFT P2E Gaming Project
- Battle Infinity (IBAT) – Metaverse and Fantasy Sports Integrated Platform
- Lucky Block (LBLOCK) – NFT Competitions Project With Regular Crypto Giveaways
- Theta (THETA) – Streaming and Entertainment Project With Rewards
- Ethereum (ETH) – Established Blockchain With Smart Contract Functionality
- Bancor (BNT) – ETH Token Powering On-Chain Liquidity Protocol
- Shiba Inu (SHIB) – Dogecoin Alternative With a Growing Ecosystem
- Decentraland (MANA) – In-Game Cryptocurrency of Popular Metaverse Platform
- ApeCoin (APE) – Governance and Utility Token Linked to the BAYC NFT Collection
- Binance Coin (BNB) – Native Token of the Largest Crypto Exchange by Volume
- Chainlink (LINK) – Tech and Crypto Platform With Multiple Big-Name Partners
This overview of the best hot crypto covers an abundance of exciting projects.
This includes both new and more established tokens that each have different uses. We believe they all have the potential to be the next cryptocurrency to explode in 2022.
Analyzing the Top Hot Cryptos
Below is our full analysis of the best crypto to buy right now.
As we touched on, these projects will appeal to a range of different investors.
1. IMPT – Next Hot Crypto With Carbon Offset Initiatives
IMPT is the next hot cryptocurrency for those who are conscious of their impact on the planet. IMPT is a large-scale and innovative ecosystem. The platform includes a carbon marketplace, where both businesses and individual users can obtain credits to actively reduce their carbon footprint.
The platform also allows users to earn carbon credits for shopping online. Moreover, they can then use any credits they earn (or buy) to support environmentally and socially conscious charities and projects.
Users can access a variety of environmental projects from around the globe via the IMPT platform, making this one of the greenest cryptos around. Each user will have a range of alternatives for reducing their carbon emissions and can choose the most suitable for their own goals.
Examples include initiatives to stop deforestation in forests, in addition to solar and hydro energy recovery projects. Some initiatives focus on carbon storage or methane capture, and more. Additionally, IMPT adheres to the rules and regulations governing carbon credits.
Therefore, it only accepts certified projects that have passed the audit and meet all the conditions set out by the carbon market. In terms of having the ability to shop and earn credits, thousands of big brands and retailers have already partnered with the project. Credits are tokenized and rewarded or purchased in the form of NFTs.
Users can buy and sell their tokenized carbon credits via the IMPT marketplace. To clarify, IMPT is the native currency of the ecosystem. It’s the hottest cryptocurrency right now in terms of reducing carbon emissions, as tokens can be used for all purchases and sales on the platform.
At the time of writing, IMPT is in its presale phase and is already proving to be the hottest crypto for 2022. IMPT has raised over $3.2 million and is only a little over a week into its initial presale phase. At this time, an IMPT token can be purchased for $0.018. As one of the most promising cryptos to invest in right now, IMPT is one to watch.
This is the best crypto presale project to invest in right now at a discount because, in the second phase, IMPT will increase to $0.023 per token. This means that early investors will get a 27% discount before the presale token price increases.
2. Tamadoge (TAMA) – Meme Coin and NFT P2E Gaming Project
Tamadoge is an enticing P2E gaming project that enables players to create and breed NFT pet avatars and take them to battle in the Tamaverse. The Tamaverse is the project’s own metaverse, and the token that powers it is called TAMA.
Hot doge crypto, TAMA, is utilized for reward settlement, and in-game NFT purchases, as well as transaction processing. Players can compete with others in the Tamaverse to win TAMA tokens. The project has also released a collection of rare NFTs.
The maximum supply of TAMA, an ERC-20 token, is two billion. As such, TAMA is a deflationary token, unlike other meme currencies such as Dogecoin. Furthermore, Tamadoge experienced one of the hottest crypto coin presales of 2022.
Within a few weeks, the TAMA presale had raised $19 million, considerably exceeding its $2 million initial goal. Since being listed on public exchanges, TAMA tokens have surged in value. Between the 1st and 4th of October alone, TAMA increased by over 660%.
As such, Tamadoge fast became one of the hottest new cryptocurrency projects to hit the market. Hot doge crypto price predictions, although subject to change, seem to be positive for TAMA. Moreover, TAMA has recently been featured among the top trending tokens on one of the world’s most referenced platforms for tracking the price and popularity of crypto: CoinMarketCap.
In terms of how to buy Tamadoge tokens; TAMA is listed on cryptocurrency exchanges such as MEXC, LBank, and OKX. In late 2022, Tamadoge made an exciting announcement to its 77k Twitter followers. Tamadoge has submitted its application to be listed on the biggest crypto exchange in the world by daily trading volume – Binance.
As tends to be the case, the announcement of TAMA potentially being one of the upcoming coins to list on Binance, saw investor interest surge. At this time, TAMA is also one of the best penny cryptos, priced at less than $0.04 per token.
3. Battle Infinity (IBAT) – Metaverse and Fantasy Sports Integrated Platform
Another top trending crypto worth researching is IBAT. This is the token that powers the Battle Infinity ecosystem. IBAT is the hottest cryptocurrency right now for those interested in both the metaverse and P2E games, particularly sports.
Battle Infinity’s ecosystem is inclusive of various parts, such as Battle Swap, the platform’s own decentralized exchange. This enables users to buy and sell their IBAT tokens, as well as convert rewards, cutting out the need for a third party.
Meanwhile, the Battle Market is a place where P2E players can sell their in-game digitalized assets, such as characters and weapons. The Battle Games part of the ecosystem is where players can access numerous P2E games.
Battle Arena is the metaverse, where each player has their own unique avatar. They can use the Battle Arena in conjunction with the aforementioned Battle Market. The latter enables players to upgrade their avatars via accessory purchases and more without leaving the platform.
The IBAT presale sold out ahead of time, raising more than $5 million within just 24 days. Like Tamadoge, Battle Infinity successfully launched one of the best crypto ICOs of 2022. In August 2022, IBAT was listed on the PancakeSwap exchange.
Early investors who purchased IBAT during the presale phase, when tokens were $0.0015, saw gains of around 500% within just 24 hours. According to CoinMarketCap data at the time of writing, Battle Infinity has a market capitalization of just under $10 million.
4. Lucky Block (LBLOCK) – NFT Competitions Project With Regular Crypto Giveaways
Lucky Block is one of the hottest crypto coin projects on this list for NFT giveaways. At the start of 2022, the NFT competition platform Lucky Block was behind one of the hottest new cryptocurrency presales. The project’s native token LBLOCK sold out early during its presale phase. The project raised around $5.7 million.
The platform gives investors a chance to take part in ongoing prize draws. Moreover, everybody can participate in these draws. This is because Lucky Block’s platform, which is hosted on the Binance Smart Chain (BSC), is completely decentralized and removes territorial restrictions.
Purchasing a Lucky Block NFT has several advantages, one of which is that buyers will be assured entrance into the daily prize draws on the platform. Only NFT holders can participate in this daily prize draw, which is distinct from the main Lucky Block competition.
As a result, the investor has a chance to win a prize every single day as long as they continue to hold a Lucky Block NFT. With regards to the LBLOCK tokens, there are two types: V1 and V2. LBLOCK V2 is an ERC-20 token. The original V1 token adheres to the BEP-20 standard and is still used for rewards, DEX trading, and P2E games.
At the time of writing, LBLOCK V1 has a market capitalization of over $7.3 million. According to CoinMarketCap, LBLOCK has a fully diluted market cap of almost $730,000.
5. Theta (THETA) – Streaming and Entertainment Project With Rewards
The next generation of entertainment and streaming technology is being developed on the Theta blockchain. The project seeks to fundamentally alter how video streaming operates. It achieved this by decentralizing the process, rather than keeping it centralized, as is the case with popular video streaming platforms such as YouTube.
The project’s native token is a hot new cryptocurrency called THETA. This is a governance token and can be used to produce blocks and stake as a Guardian or Validator node. That said, the platform has a dual token system.
Theta Fuel (TFUEL) tokens are used for completing transactions. TFUEL is also used to reward relay nodes for deploying and interacting with smart contracts or sharing video streams. THETA has collaborated with various reputable companies in the sector, including Samsung and Sony.
The market capitalization of THETA is over $1 billion at the time of writing.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
6. Ethereum (ETH) – Established Blockchain With Smart Contract Functionality
The second-largest blockchain platform is Ethereum. Ethereum 2.0 is likely to be the next hot cryptocurrency. This is an update to Ethereum’s algorithm that has switched it from proof of work to proof of stake. This means that Ethereum transactions are now fast and scalable.
Ethereum is also increasingly expanding its use of blockchain technology. For example, in online payments, loan distribution, and commodity trading. Ethereum users may now conduct transactions without the necessity of an intermediary, thanks to its introduction of dApps and smart contracts.
Ethereum has the potential to completely transform computer programming and the concept of digital ownership with the introduction of its smart contracts. Years after its release, Ethereum continues to be one of the highest-ranking crypto projects by market cap.
At the time of writing, Ethereum has a market capitalization of just over $158 billion.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
7. Bancor (BNT) – ETH Token Powering On-Chain Liquidity Protocol
On-chain liquidity protocol Bancor enables automatic, decentralized trades on the Ethereum blockchain. BNT, the native token, can be used to trade and gain rewards. That is to say, users of the Bancor protocol will receive rewards on their holdings without using a central exchange.
Additionally, all of Bancor’s assets support single-sided staking. This allows investors to stake just one kind of token while still earning income. Moreover, interest is paid by the platform when investors deposit cryptocurrencies to Bancor’s liquidity pools.
BNT tokens or any other supported cryptocurrency by Bancor may be used. In early 2022, the project released Bancor 3, the latest update. This is described as the ultimate DeFi liquidity solution to empower DAOs.
The team states that the new Omnipool architecture that Bancor 3 delivers offers multiple benefits. This includes lowering network-wide gas costs and boosting protocol effectiveness at every touchpoint.
The market capitalization of BNT at this time is over $88 million.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
8. Shiba Inu (SHIB) – Dogecoin Alternative With a Growing Ecosystem
The best hot crypto for fans of meme tokens is Shiba Inu. Shiba Inu was unveiled in 2020 as a Dogecoin rival. It is a meme coin built on Ethereum and it showcases the Shiba Inu dog breed from Japan. SHIB became the hottest cryptocurrency to buy in 2021 and is still proving to be popular among investors.
Moreover, the Shiba Inu ecosystem is growing and will feature a metaverse and various games, giving SHIB more use cases. For instance, SHIB tokens can be used to buy virtual land in the Shiba Inu metaverse.
This guide found that a total of 100,595 land parcels will be made available for purchase within the virtual world. These will all be marked on the metaverse map and have streets with Shiba-related names running through them.
SHIB tokens power the Shiba Inu ecosystem and, at the time of writing, the market capitalization of this cryptocurrency is over $5.6 billion.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
9. Decentraland (MANA) – In-Game Cryptocurrency of Popular Metaverse Platform
Another option for those searching for the best hot crypto is Decentraland. This is an Ethereum-based virtual world. MANA is used as a utility token throughout the ecosystem. Users of Decentraland can also construct buildings, discover various districts, interact with other avatars, and even make money.
Land parcels are made available as NFTs and are referred to as LAND. MANA tokens can be used to buy these digital parcels of land in the Decentraland metaverse. In the ecosystem, owners can also exchange their MANA tokens for a growing list of products and services, including avatars, accessories, and much more.
Inaccurate information, casting doubt on how popular the project’s metaverse really is, has affected the project in 2022. However, Decentraland published data in October 2022 that revealed it had around 56,700 monthly active users—a far greater figure than had been claimed by outside sources.
A Metaverse Music Festival has also been announced by Decentraland for 2022. In 2021, the same four-day festival featured 80 artists and attracted 50,000 attendees.
According to CoinMarketCap, the market capitalization of MANA is over $1.2 billion.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
10. ApeCoin (APE) – Governance and Utility Token Linked to the BAYC
ApeCoin is among the hottest crypto for 2022. APE is linked to one of the most well-known and celebrated NFT collections on the market: the Bored Ape Yacht Club. APE was airdropped to NFT holders upon introduction in early 2022, despite not being directly made by the collection’s creators.
APE is the native currency of the Otherside metaverse, which has attracted the attention of many celebrities. Furthermore, the first ever Best Metaverse Performance award was presented during the 2022 VMAs ceremony.
This featured BAYC NFT collectors Eminem and Snoop Dogg, who both performed as their Bored Ape avatars. The ecosystem continues to grow and ApeCoin could also be the hottest cryptocurrency to buy for staking in 2022.
All owners of Mutant and Bored Ape who stake their NFTs along with APE tokens will receive ApeCoin. This provides significant motivation for NFT holders to purchase additional APE, and the more they do so, the greater the potential gains for investors.
ApeCoin carries a market cap of over $1.5 billion at the time of writing.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
11. Binance Coin (BNB) – Native Token of the Largest Crypto Exchange
Binance is the world’s largest cryptocurrency exchange platform by daily trading volume and its utility token is Binance Coin (BNB). There are many advantages to investing in BNB. For instance, it is one of the best hot crypto tokens for paying for and reducing trading and transaction fees on Binance.
Some platforms also allow BNB holders to pay for services and goods. This cryptocurrency can also be used to invest in ETFs, equities, and other assets on some platforms. Additionally, it can be utilized by both individuals and businesses.
For instance, traders can utilize BNB as collateral for a crypto loan and a source of passive income on BSC. Companies can also utilize BNB for a number of different purposes, including Binance liquidity swaps and DApps.
The market capitalization of BNB at this time is $43 billion. CoinMarketCap ranks BNB as the 5th biggest crypto asset by market cap.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
12. Chainlink (LINK) – Tech and Crypto Platform With Multiple Big-Name Partners
One of the most significant issues confronting the blockchain industry is how to transfer data to and from the network. Chainlink aims to address this issue. Chainlink offers developers unprecedented levels of freedom while expanding the usefulness of blockchains throughout the globe.
These and other factors combine to make Chainlink one of the hottest crypto right now in terms of utility. All services offered by the Chainlink Network are paid for using the ERC-677 project’s native token, LINK. One of Chainlink’s most significant collaborations to date happened in 2019 when it was successful in securing a strategic alliance with Google.
In line with Google’s smart contract philosophy, the deal safeguarded Chainlink’s protocol. Investors viewed this decision as a significant victory. This is likely because it enables consumers to access to BigQuery, one of Google’s two most popular cloud services, via an API.
Some of the project’s other well-known partners include Oracle, SWIFT, Matic Network, Dapps Inc, and Reserve, but there are many more.
The market capitalization of LINK at the time of writing this guide is more than $3.5 billion.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
How to Find Hot Cryptos to Buy
Finding hot crypto coins can seem like a daunting task because the market is flooded with a wide range of options.
Below, we offer some insight into how to find hot cryptos that are trending.
Low Price
The main reason investors look for the hottest crypto to buy is to make a profit. As such, the cryptocurrency’s price should be taken into consideration.
Many of the cheapest cryptocurrencies out there cost less than a cent per token. The idea, of course, is to buy low and sell high.
One way to do this is to look for presale tokens. This is because, as we mentioned earlier, presale tokens trade at a discount. As such, the benefit of a crypto presale token is that early investors could potentially sell on later at a much higher value when the project takes off.
Be wary of hot crypto price predictions as they will be wildly different depending on the source and there are no guarantees of success when trading digital assets. Some of the best cryptos under $1 have been reviewed in this article.
Whitepaper
Hot new crypto projects will have a solid whitepaper available. By reading this document, investors will gain a clear understanding of what the cryptocurrency project is about.
For instance, the whitepaper should include information surrounding the technology of the token, as well as goals and finances. When looking for a hot cryptocurrency to buy, also check out the tokenomics, which should be included in the whitepaper.
The document will detail the distribution of the crypto tokens, as well as burn schedules, incentive mechanisms, and more.
The IMPT whitepaper, for instance, is extensive and covers everything from ecosystem components and marketing strategies to the roadmap of the project, competitive advantages, and more.
High Potential
Another way to find the best hot crypto is to identify those with high potential. Theoretically, cryptos with the most potential will have stand-out features, a strong team, and/or multiple use cases.
For instance, the aforementioned IMPT is a blockchain-based platform that enables users to earn, purchase, trade, and retire their carbon credits as digitalized assets.
Climate change and the damage it’s causing the planet is a massive issue that affects all of us. As such, IMPT could be the most sustainable cryptocurrency in 2022.
The platform has partnered with thousands of environmentally conscious companies already – plus it’s only in its presale phase, so ticks both boxes.
Conclusion
This guide has provided our full analysis of the hottest crypto coins to buy right now. This included the native token of an innovative blockchain-based marketplace for carbon credits called IMPT.
IMPT tokens are still available at a discounted price for early investors, at just $0.018 per token.
This project aims to help environmentally conscious investors to lower their carbon footprint. The platform also offers access to socially responsible brands and projects.
FAQs
What is the hottest crypto to buy now?
The hottest crypto to buy is IMPT. This is the native token of an impactful carbon offset project built on the blockchain. Another hot crypto is Tamadoge, which allows players to breed NFT pets and take them to battle to earn rewards. Sports fans may also consider Battle Infinity. Its crypto token IBAT is used across the ecosystem, which includes P2E sports games, as well as staking, a DEX, and more.
Where can I find hot cryptocurrencies?
When looking for a hot crypto to buy, investors can check a range of metrics. For instance, many cryptocurrency projects offer access to a whitepaper that details almost every aspect of its goals, use cases, and roadmap. Another way to find hot cryptocurrencies is to find those on presale at a discounted price.
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