Altcoins present some of the best opportunities in the crypto world and finding altcoins that investors are talking about can be a great way to determine which projects are likely to perform well in the coming months.
Throughout this article, we’ll take a look at seven of the best altcoins that everyone is talking about and provide a guide detailing how to buy our top pick. Let’s begin.
Top 7 Best Altcoins – Our Picks
Sometimes an investor just needs a helping hand. Therefore, we’ve included an overview of the seven best altcoins below. More detailed reviews can be found in the next section.
Lucky Block – Trending NFT Competitions Altcoin Tamadoge – Utility-Focused Meme Coin Making Waves Battle Infinity – P2E Gaming Ecosystem that Investors Love Chainlink – Well-Known Oracle Altcoin VeChain – Enterprise-Grade Blockchain Making Headlines Ethereum – Largest and Most Popular Altcoin Quant – Interoperability Focused Project Trending with Investors
A Closer Look at the 7 Best Altcoins That Everyone is Talking About
Each project that we’ll be taking a look at has strong fundamentals and has been making headlines recently due to increased demand, exchange listings, or high-profile partnerships.
Lucky Block – Trending NFT Competitions Altcoin
Lucky Block (LBLOCK) is an NFT competition platform that uses blockchain technology to improve efficiency and create a provably fair drawing system.
Each competition on the Lucky Block platform is entered by purchasing an NFT. Each NFT is priced in accordance with the potential rewards from the competition. This allows Lucky Block to offer a wide range of competitions catering to players of all budgets. Even after a drawing has occurred, the NFT still grants the holder a portion of the profit pool each day.
In addition to the standard competitions, Lucky Block also hosts a Platinum Competition for holders of the Platinum Rollers (PRC) NFT collection. This competition takes place weekly with prizes ranging from crypto to a real Lamborghini.
Recently, Lucky Block was listed on the Uniswap exchange. With Uniswap being one of the largest decentralized exchanges (DEX) on the market, this means that demand for the LBLOCK token is likely to shoot up. Furthermore, as many people in the crypto space are familiar with Uniswap, it makes it much easier to purchase LBLOCK.
On top of the recent Uniswap listing, LBLOCK was also listed on the centralized exchange (CEX) at the start of August causing the token to shoot up in value. These listings come following LBLOCK’s switch to the ERC standard. It has also made future CEX listings far easier, so keep an eye on the Lucky Block Discord to see what exchange will list LBLOCK next.
Buy Lucky Block Now
Tamadoge – Utility-Focused Meme Coin Making Waves
Tamadoge (TAMA) is a meme coin unrivaled in terms of utility. The project has been experiencing massive demand with the beta presale hitting its $2 million cap almost a month early. Thankfully, the general presale has now begun with TAMA being sold for $0.0125. As tokens are sold, there will be marginal price increases to afford better value to early investors.
The P2E Tamadoge ecosystem centers around NFT-based Tamadoge pets. In just a couple of months (Q4 2022), investors everywhere will be able to mint their own Tamadoge pet. Despite initially starting as a basic variation, players can improve their Tamadoge pet by giving food, toys, and cosmetic items from the Tamadoge store.
As a pet levels up, its owner will receive Dogepoints, slowly working their way up the Tamadoge leaderboard. The highest ranked players are entitled to the largest share of the rewards pool.
Every Tamadoge pet is 3D-animated and viewable within the Tamaverse (Tamadoge’s Metaverse world). The Tamaverse will initially be explorable on web browsers, but the team will release a mobile app with augmented reality functionality (expected Q4 2023) allowing players to bring their pets into the real world.
With demand for Tamadoge skyrocketing, it’s no wonder that investors are discussing the project. Unlike the majority of presales, Tamadoge already has a confirmed CEX listing on LBank following the conclusion of the general presale. Therefore, it’s an excellent time to check out the project before prices climb higher due to increased demand.
Join the Tamadoge Telegram group to keep up-to-date with the project. (admins will never message first).
Visit Tamadoge Now
Battle Infinity – P2E Gaming Ecosystem that Investors Love
Battle Infinity (IBAT) is a project aiming to create an expansive play-to-earn gaming ecosystem featuring DeFi, NFT, and Metaverse elements. The project has recently concluded its presale raising 16,500 BNB however the IBAT token will soon be listed on PancakeSwap.
Battle Infinity is broken up into the six following platforms, IBAT Premier League (a fantasy sports league), IBAT Battle Swap (a DEX), IBAT Battle Market (an NFT marketplace), IBAT Battle Games (a collection of P2E games), IBAT Battle Arena (a metaverse world), and IBAT Battle Stake (a staking platform).
With the IBAT token using the BEP standard, it benefits from cheap, fast, and energy-efficient transactions, perfect for a DeFi gaming ecosystem. The token can be used for in-game bets, staking, and purchasing advertising space within the Metaverse world.
In contrast to most new projects, IBAT has already been KYC-verified by CoinSniper and audited by Solid Proof. With the amount of utility offered by Battle Infinity, it is one of the cheapest cryptocurrencies that shows massive potential.
Join the IBAT Telegram for listing updates.
Visit Battle Infinity Now
Chainlink – Well-Known Oracle Altcoin
Chainlink (LINK) is a well-known altcoin that provides on-chain projects a simple way to access off-chain data.
By creating a decentralized oracle network, Chainlink has cemented itself as a key part of the crypto ecosystem. The project has already partnered with several notable projects including Chiliz, Hedera, and Polygon.
Chainlink benefits from massive intrinsic value, a first-mover advantage, and a plethora of high-profile partnerships. As such, it should be no surprise that it’s considered one of the best altcoins available today.
VeChain – Enterprise-Grade Blockchain Making Headlines
Vechain (VET) is a popular layer-1 network designed to be used by large companies needing enterprise-grade solutions.
The project aims to work its way into real-world industries in order to provide companies with immutable data that can be used to improve efficiency and transparency, particularly when it comes to supply chain management.
Vechain has been making headlines recently through its partnership with e-commerce giant Amazon. VeCahin also works with several government entities making its use case apparent.
Ethereum – Largest and Most Popular Altcoin
Ethereum (ETH) is the largest and most widely spoken about altcoin on the planet.
The ERC standard several of the aforementioned projects use is based on the Ethereum network. Ethereum features smart contract capabilities which allow developers to create cryptos and dApps using the network.
With Ethereum being the second largest cryptocurrency on the market and being used by countless projects, it’s unlikely to go anywhere anytime soon.
Quant – Interoperability Focused Project Trending with Investors
Quant (QNT) is a project aiming to connect blockchain networks and solve the interoperability issue.
Many investors believe that for cryptocurrency to enjoy mainstream adoption, different networks must first be able to work with one another. Quant is designed to facilitate exactly that.
With Quant boasting partnerships with Amazon AWS, Oracle, and several other large tech-focused companies, it seems like this altcoin could explode in the near future.
How to Buy Lucky Block
To ensure nobody has trouble buying LBLOCK, we’ve created the below guide.
Step 1 – Register with an Exchange
Ethereum is needed to buy LBLOCK. It can be purchased easily from a regulated exchange like eToro.
Visit eToro Now
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection
Step 2 – Deposit & Buy ETH
After creating an account, press ‘Deposit Funds’, decide how much to invest, and press ‘Deposit’. Then, type ‘ETH’ into the search bar, press ‘Trade’, choose how much Ether to buy, and press ‘Open Trade’.
Step 3 – Create MetaMask & Send ETH
Afterward, download the MetaMask browser extension or mobile app and follow the on-screen instructions to create a wallet. Then, ensure it’s set to the Ethereum network and withdraw ETH from eToro via the eToro Money Wallet.
Step 4 – Connect Wallet & Buy LBLOCK
Next, navigate to DEXTools, click ‘Connect’, choose MetaMask, and confirm the connection. Search for the WETH or USDC / LBLOCK pair, enter the desired number of tokens, and press ‘Trade’. The tokens will arrive in MetaMask near-instantly.
SAND trades below 50 and 200 EMA on the daily timeframe.
Price continues to range with little or no volume despite having strong fundamentals.
A break above $1 could trigger a relief rally for SAND price.
Sandbox (SAND) price has had a rough time recently as price ranges in a daily timeframe channel against tether (USDT). Despite having good fundamentals with so much backing from top investors and partnerships, the price of Sandbox (SAND) has struggled to replicate its run to a high of $8. (Data from Binance)
Sandbox (SAND) Price Analysis On The Weekly Chart
The price of SAND has had difficult moments, with such movement from a low of $0.5 to a high of $8 in a few weeks, creating euphoria in the hearts of traders and major crypto players.
Despite being backed by strong investors and partnerships, the bear market has impacted the price of SAND, which has dropped from $8 to $1, a drop of more than 70% from its all-time high.
SAND’s price showed great strength as it rallied from its weekly low of $1 to a high of $1.5 before failing to break above that region to higher heights.
The price of SAND has remained range-bound, unable to break above a weekly resistance of $1.5 to trend higher to the $2 region.
To have a better chance of trading higher, the price of SAND must break and close above $1.5. The price of SAND has formed a downtrend line, acting as resistance; flipping the area of $1.5, which is acting as weekly resistance, into support will signal a more relief bounce for the price of SAND.
If the price of SAND fails to break through this key resistance region, we may see the price of SAND range within this channel or retest the $0.6 and lower support and demand zone for more buy orders.
Weekly resistance for the price of SAND – $1.5
Weekly support for the price of SAND – $0.6-$0.5.
Price Analysis Of SAND On The Daily (1D) Chart
The daily timeframe for SAND prices remains in a range channel, with prices unable to break out due to low volume. After being rejected from a high of $1.5, the price continued in a range in a channel, with eyes set on flipping the $1.5 rejection area, where SAND prices have tested several times.
The price of SAND is currently trading at $0.92 on the 1D timeframe, below the 50 and 200 Exponential Moving Averages (EMA), which act as resistance. The prices of $1 and $1.6 correspond to the 50 and 200 EMA resistance levels, respectively.
The price of SAND needs to flip the $1 resistance into support to signal a relief bounce as the price of SAND has kept trading at its low since the major rally.
Daily resistance for the SAND price – $1-$1.6.
Daily support for the SAND price – $0.6.
Featured Image From Breakingnews, Charts From Tradingview
Metamask gambling has been growing in popularity over the last couple of years. With the rise of the Web3 space and online crypto gambling, Metamask managed to fill in a gap that brings both sectors closer to one another.
Crypto casinos are taking more to integrate the Metamask wallets on their websites for gambling activities. Using a decentralized Web3 wallet like this ensures that users of these gambling platforms are able to enjoy features that are not available on more conventional online casinos.
Why Metamask Gambling Is Better
One drawback of conventional casinos is the arduous sign-up processes that are usually associated with them. However, casinos had started to move towards accepting crypto deposits and withdrawals, which, over time, had required less stringent sign-up processes. But even this was not a seamless process. This is where Metamask gambling enters the picture.
Metamask is a Web3 wallet that allows users to interact directly with cryptocurrency networks. It had started out on the Ethereum blockchain but had since expanded to include other blockchains such as BSC, Avalanche, etc. It comes in the form of a browser extension and mobile application from which users can directly connect to Web3 websites. It is also an easy-to-use hot wallet where users can receive coins by simply copying their addresses to forward to the sender.
Given this, Metamask has found a natural home in the online gambling industry. Gambling websites are able to integrate the Metamask wallets directly on their platforms, making it possible for users to register or log into the website using the wallet, as well as processing faster deposits and withdrawals.
Best Metamask Casinos
Metamask gambling casinos have been known to provide some or all of the integrations mentioned above. In some cases, some casinos will offer the option to deposit with Metamask only or the option to use the hot wallet as a means of authorization. So, here are the top 3 Metamask gambling casinos that you should look at.
Bitcasino is arguably one of the best Metamask gambling casinos in existence. It offers full functionality with Metamask, making it a one-stop shop for all things Metamask gambling. Users can register and log into the platform using their Metamask wallets. Bitcasino also takes this one step further by offering deposits and withdrawals using Metamask. Users can also use other tokens on the wallet, such as USDT, on the Bitcasino website.
Players should, however, note that there are some things not offered by Bitcasino in this regard, such as a welcome bonus for ETH players. Users may also be required to complete a KYC verification when the casino requires it.
Nevertheless, Bitcasino offers beloved slot games, as well as a wide variety of live casino games. The betting platform is also one of the few crypto casinos that offer betting on eSports. However, users cannot place crypto bets on games such as Crash or Dice.
BC.Game has been pretty much the only Metamask gambling platform that supports the BSC network. This casino allows the direct integration of Metamask but for deposits. Users can also use the wallet to carry out authorizations on the platform. And unlike Bitcasino, BC.Game supports a much wider array of tokens, including ETH and MATIC.
While it does have a welcome bonus, there is no stable welcome bonus on the platform. Also, similar to Bitcasino, BC.Game can also require users to go through KYC verifications. However, users get one free spin daily with a prize of up to 1 BTC.
The third on the list is Sportsbet.io. It is a Metamask gambling platform that allows a minimum deposit of 10 USDT and offers a stable welcome bonus, unlike the others. Users can get up to 2000 wager-free spins that are worth 200 USDT.
Furthermore, users can use their Metamask wallets to authorize their accounts, as well as make deposits and withdrawals. It also accepts other tokens available on the hot wallet, such as ETH and SOC.
Like the others, Sportsbet.io comes with its own disadvantages, such as KYC verification and the fact that there are no provably fair crypto games. However, the betting platform is extremely popular and is currently the principal sponsor of the English Premier League football club Watford FC.
Metaverse gambling platforms are still very new, but they have already proven their value to the online crypto gaming space. As more platforms innovate toward integrating Metamask gambling, these advantages are bound to become more apparent to the gambling community. But for now, the platforms offering Metamask gambling are a small pool and only support a handful of tokens at this time.
In an unprecedented move, the CFTC also sued a related DAO.
The Ooki DAO is accused by the CFTC of violating the regulations.
Authorities are still cracking down on crypto. On Thursday, the CFTC announced settled charges against the creators of bZeroX, the business behind the bZx protocol. Tom Bean and Kyle Kistner, founders of bZx, were each fined $250,000 by the Commodities Futures Trading Commission (CFTC). For “illegally offering leveraged and margined retail commodity transactions in digital assets.” And failing to implement Know Your Customer (KYC) regulations.
Penalties on the DAO
However, in an unprecedented move, the CFTC also sued a related DAO. Allegedly formed by Bean and Kistner to decentralize management of the bZx protocol, the Ooki DAO is accused by the CFTC of violating the same regulations. While Bean and Kistner settled charges against themselves and bZeroX without admitting or denying wrongdoing, the CFTC is still looking to impose penalties on the DAO, including disgorgement, fines, and perhaps trading and registration restrictions.
The Commission stated in a press release:
“The order finds the DAO was an unincorporated association of which Bean and Kistner were actively participating members and liable for the Ooki DAO’s violations of the [Commodity Exchange Act] and CFTC regulations.”
A decentralized autonomous organization (DAO) is a kind of organization in which power is shared rather than centralized. Distributed autonomous organizations (DAOs) are decentralized organizations that employ smart contracts on a blockchain and allow users to vote on proposals using governance tokens.
Because they owned Ooki tokens and voted on governance proposals pertaining to how the DAO functioned, the CFTC took the unprecedented step of holding Bean and Kistner responsible for the DAO’s alleged unlawful actions.
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Only two Canadian crypto exchanges, including Coinsquare, have pre-registeredwith authorities.
Justin Hartzman co-founded CoinSmart and has served as its CEO.
After Coinsquare, one of the major digital asset trading platforms in Canada, purchased CoinSmart for an unknown price, the country’s cryptocurrency exchange scene seemed to be solidifying.
Thursday, Coinsquare stated that it has signed a formal deal to acquire 100% of the issued and existing shares of Simply Digital, a fully owned subsidiary of CoinSmart. Moreover, CoinSmart’s NEO Exchange-traded stock price rose by 67% on Friday, perhaps in reaction to the announcement.
As a result of the purchase, Coinsquare is now better able to serve its customers. And compete with other cryptocurrency exchanges in Canada. Coinsquare, which launched in 2014, now provides institutional and retail trading, crypto payment processing, and digital asset custody, among other services.
In 2018, Justin Hartzman co-founded CoinSmart and has served as its CEO since the company’s inception. Hartzman is expected to become a member of Coinsquare’s executive team if the transaction is finalized.
Rise in Crypto Adoption
CoinSmart’s financials are made public on a quarterly basis, as befits a publicly listed firm. According to the company’s annual report published on April 1. Gross sales for 2021 were $16.7 million, an increase of 357% over the previous year.
Only two Canadian crypto exchanges, including Coinsquare, have pre-registered with their primary authorities. Moreover, in an effort to comply fully with securities regulations. The Canadian Securities Administrators (CSA) set the pre-registration standards to enable cryptocurrency exchanges to continue operating. While their complete applications with CSA are assessed.
The adoption of cryptocurrencies in Canada is on the increase. But like in other nations, it is mostly determined by underlying market circumstances. KPMG found that institutional investors are warming up to crypto as a result of its perceived benefits and new possibilities.
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Buterin claims the high-stakes event went off without a hitch.
Buterin wants Dogecoin and Zcash move to PoS.
Vitalik Buterin believes that now that the Ethereum merge is complete, other blockchains like Dogecoin and Zcash should also do the same. Over a video call with attendees at Friday’s Mainnet conference, Vitalik projected that proof of stake will gain credibility over time.
Buterin further added:
“I hope that Zcash moves over. I am also very hopeful that Dogecoin is going to evolve over to proof of stake at some point soon.”
More Merge on the Cards
Ethereum finally completed its anticipated merge event earlier this month, switching its primary network from the inefficient proof-of-work (PoW) model to the more eco-friendly proof-of-stake (PoS) model. Despite “some kind of bug” occurring in every test network merging, Buterin claims the high-stakes event went off without a hitch.
Buterin spoke with Ryan Selkis, CEO of Messari, and Zooko Wilcox-O’Hearn, CEO of Electric Coin Company (Electric Coin Company leads Zcash development), at Mainnet.
“You emailed me your plan for Ethereum, and I was like, ‘holy shit. This is so exciting. And it’ll never work. And then you and the Ethereum [developers] proved me wrong. It totally worked.”
Zooko, who is most known for his association with the Proof-of-Work privacy currency Zcash, shared this sentiment before, saying that the Ethereum integration will “never work.”
However, he has changed his mind recently. “You should be proud of yourselves for the rest of your life,” Zooko stated to the Ethereum devs and Buterin. After being asked whether Zcash will carry out a merge-like event, Electric Coin Company’s CEO indicated the cryptocurrency was waiting to see how Ethereum performed after the update.
There has been a massive sell-off in the cryptocurrency market, and during this period, whales have been focusing on Dogecoin (DOGE) and the general negative attitude in the cryptocurrency industry.
There was a 5.34 percent increase in the number of addresses owning between 100 million and 1 billion DOGE, as revealed by @bull bnb.
For Dogecoin, the percentage of wallets with between 100 million and one billion Dogecoin has grown by 5.13 percent in the last week. About six additional whales have joined the network, bringing in an additional 620 million DOGE.
Dogecoin | The number of addresses holding 100M – 1B $DOGE has increased by 5.13% over the past week. Roughly 6 new whales have joined the network, scooping up approximately 620M DOGE. Considering this I will scoop a fresh brand new bag of #DOGEpic.twitter.com/0TaysaPIog
In light of this, @bull bnb recently tweeted, “I’m about to scoop a fresh brand new bag of #DOGE.”
Recent whale activity has come as a huge surprise to DOGE holders and investors. What, then, compelled the whales to seek out DOGE?
Is This The Time To Purchase The dip?
As you may be aware, the present market climate is extremely negative for cryptocurrencies. Fear sparked by the CPI report’s release and the U.S. Federal Reserve’s interest rate hike triggered a widespread selling off in the stock and cryptocurrency markets.
The USD followed this decline. At the time of publication, the memecoin has fallen 9.94 percent from its September 12 peak. Even if DOGE showed signals of bullishness, it was not enough to prevent a 9.56 percent decline on September 18.
This decline may have prompted whales to seek accumulation rather than selling their DOGE supply. Now that whale activity has increased, what does this signify for DOGE?
Dogecoin Bullish Behavior
DOGE’s bullishness came as a surprise as the cryptocurrency market continues to decline, particularly Bitcoin and Ethereum.
This increase in price can be ascribed to the whales’ recent buying binge in DOGE. A As at the time of writing, DOGE was trading at $0.066041, up 9.4% in the last seven days, data from Coingecko show.
This implies that the memecoin is leading the crypto market, giving the entire crypto market hope that respite is on the horizon. But investors and traders must ask whether this is really a flash in the pan or a persistent bull trend.
As of the time of writing, the token’s resistance level was tested at the 0% Fib level. This was answered with a lengthy wick of rejection, followed by a red candle. This could be the beginning of a short corrective period for DOGE, which will result in a slight price decline.
In the coming days, we can anticipate receiving additional information.
DOGE total market cap at $8.7 billion on the daily chart | Source: TradingView.com
Featured image from Cryptory, Chart: TradingView.com