Users must be wondering what are whales in crypto? Crypto whales are referred to as individual or institutional investors that hold large amounts of cryptocurrency holdings.
This guide will discuss what crypto are the whales buying and the best crypto to buy for 2022.
The top 5 best cryptocurrency that crypto whales are buying in 2022
- Battle Infinity - Best crypto to buy in 2022
- Lucky Block - Best crypto to buy now in 2022
- Bitcoin- Biggest asset among crypto whales
- XRP - Top 5 cryptocurrency to invest in 2022
- Cardano - Popular proof-of-stake blockchain
A closer look at the 5 best cryptocurrency that crypto whales are investing in
Before seeing what crypto to buy 2022, users can review and analyze the options and prices of their interested assets. The sections below discuss the best 5 cryptocurrency to invest in 2022.
1. Battle Infinity - Best crypto to buy in 2022
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We recommend Battle Infinity as one of the best cryptos to buy for 2022. Battle Infinity is a decentralized project that allows users and creators to participate in various play-to-earn (P2E) games via blockchain technology.
The main product of Battle Infinity is the Battle Arena - a metaverse platform that lets users exist in a virtual ecosystem to play and win in-game rewards. Battle Infinity maintains its platform with IBAT - the utility token.
One of the main features is the IBAT Premier League - the world’s first decentralized and NFT-based sports fantasy league. In-game rewards are distributed with the IBAT token - which can be swapped with other cryptos on the IBAT Battle Swap feature.
Spotlight WireUsers can build their own characters and avatars on the Battle Market to participate in the metaverse. Each avatar has its unique ID and is built as NFTs (Non-fungible Tokens) using ERC 721 smart contract protocols.
Users can also deposit IBAT tokens on the Battle Stake mode, where tokens can be locked up in return for an Annual Percentage Yield (APY). Transaction fees on the platform are processed with IBAT, 50% of which are sent to global liquidity pools, from which players are rewarded with tokens.
IBAT opened for presale on July 11, 2022, for a price of $0.0015 per token. This may be a good time to buy Battle Infinity, if users think there is growth potential in the long term. Join the Battle Infinity Telegram Group to stay updated with upcoming news and updates surrounding the platform.
Visit IBAT Presale
2. Lucky Block - Best crypto to buy now in 2022
The Lucky Block project is another one of the best cryptos for the future. This decentralized project is an NFT-based competitions platform where players can access the Platinum Rollers Club NFT to participate in weekly prizes.
Lucky Block hosts a weekly main draw and NFT draw every Friday, with rewards up to $50,000. The prizes are mostly paid out in LBLOCK - the utility token of this platform. Users can enter the draws by purchasing at least 5 tickets, valued at $1 each.
Spotlight WireLBLOCK is undergoing major development, as it has released a second version (V2) of the token. V1 was a BEP 20 token, which results in a 12% tax on all transactions. V2 is an ERC 20-based token used for centralised exchanges (CEXs) and attracts no additional taxes on transactions.
LBLOCK began trading at the end of January 2022 and surged by more than 1,000% within 2 weeks. Currently, users can buy Lucky Block for $0.0009 per token.
3. Bitcoin - Biggest asset among crypto whales
Bitcoin is the first and largest cryptocurrency in the world, with a market cap of $450 billion. This peer-to-peer online cryptocurrency has attracted interest from major financial institutions.
For Bitcoin, a whale is an investor that holds 1,000 or more BTC tokens. The crypto whales tracker indicates that whales hold nearly 40% of the available BTC tokens.
It is rumored that the inventor of BTC, Satoshi Nakamoto, holds between 75,000 to 1 million BTC. After the rising popularity of Bitcoin, several organizations have started adding this token to their balance sheets.
Spotlight WireMicroStrategy, a business intelligence company, holds the largest amount of Bitcoin in any organization worldwide. This company holds roughly 130,000 BTC tokens, which equates to $29 billion.
Bitcoin reached an all-time high (ATH) of $70,000 in November 2022 but has lost more than half its valuation. With a current price of $23,000, Bitcoin can be one of the best cryptocurrency to buy in 2022.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
4. XRP - Top 5 cryptocurrency to invest in 2022
XRP is the native token of an open-sourced and permissionless protocol, Ripple. Using blockchain technology, Ripple aims to be the leading crypto solutions provider for businesses. Ripple offers transparent, quicker and cost-effective solutions for business and financial institutions when processing transactions on a global scale.
The decentralized platform can facilitate transactions for fiat currencies, popular cryptocurrencies like Bitcoin and even various commodities. XRP acts as a low-cost provider, charging only $0.0002 per transaction. Furthermore, transactions with XRP take only 2-5 seconds to process.
Spotlight WireCurrently, XRP trades at $0.37 with a market cap in excess of $18 billion.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
5. Cardano - Popular proof-of-stake blockchain
Cardano is a popular decentralized blockchain platform that operates using the proof-of-stake (PoS) consensus. The platform deploys smart contracts to support the creation of various DApps (Decentralized Applications) and DeFi protocols on its network.
Cardano has become one of the most popular blockchains among developers and has minted over 800,000 NFTs on its platform to date. A reason for its popularity is because Cardano provides long-term scalability and quick transactions. Compared to Ethereum’s 15 transactions per second (TPS), Cardano can process up to 250.
At the center of this blockchain protocol is ADA - the native crypto token of Cardano.
Spotlight WireADA has provided users with huge returns, as it is up over 2,300% since its 2017 release. Currently, ADA trades at a price of $0.53 per token and has a market cap of $18 billion.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
How to buy IBAT?
The sections below show users how to buy Battle Infinity (IBAT) - the best crypto to buy for 2022.
Step 1: Set up a BSC-compatible wallet
Users can download a BSC-compatible wallet such as MetaMask to buy Battle Infinity.
Spotlight WireClick on ‘Download’ to get started with MetaMask.
Step 2: Connect MetaMask to BSC
To add the BSC after downloading MetaMask, click on ‘Add Network’ and insert the following information:
- 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.
Step 3: Buy BNB
Users need to buy IBAT with BNB tokens. To buy Binance Coin, access a preferred crypto exchange, purchase the tokens and transfer them to your MetaMask wallets.
Step 4: Link MetaMask to presale dashboard
Head over to the Battle Infinity presale website, and click on ‘Connect Wallet’ to link MetaMask with Battle Infinity.
Spotlight WireUsers can then choose the MetaMask option and follow the instructions to link the wallet with the presale.
Step 5: Buy IBAT (Battle Infinity)
Users can simply scroll down to the ‘Buy IBAT’ open order position to continue.
Spotlight WireEnter the amount of IBAT they wish to purchase and click on ‘Buy IBAT’ to confirm the transaction.
Conclusion
This guide has analyzed the best 5 cryptocurrencies to invest in 2022. Out of the picks, we choose Battle Infinity as the best crypto due to its multi-utility token. With IBAT, users can swap their tokens, earn interests via staking and earn in-game rewards.
