Lots of investors are looking for new cryptos to invest in. And the reason is crystal clear… These are the tokens with the best chance of skyrocketing in value. We saw it with SafeMoon earlier this year. Since it showed up on investors’ radar, Solana has had an explosive year as well. Then of course there’s the deflationary token EverGrow, which has quickly gained traction since its launch a couple of months ago.
Of course, there are plenty of new cryptos worth giving a wide berth too as well. We wouldn’t go near the Squid Moon token with a ten-foot poll. We’re not outright saying this one’s a crypto scam. But in light of the last squid-oriented token we saw, it just doesn’t pass the sniff test.
As for the new cryptos that we’re excited about, we could easily put together a list of 20 that seem promising. And that’s just tokens that have come out this year. But to keep things a little more digestible, here are the five new cryptos to invest in that look the most promising.
New Cryptos to Invest In
No. 5: Splash (SPLASH)
We’re starting our list of new cryptos to invest in with the most risqué one. Splash’s fully diluted market cap is around $75 million. That’s tiny compared to most tokens. But that also makes sense considering how new it is. And naturally, it’s trading extremely cheap (around $0.0000005498).
What caught our attention though is Splash is looking to create an 18+ NFT marketplace for creators and collectors. And it’s already gotten a few dozen popular entertainers on board with its program. As for the Splash token, it will be the utility token on the Splash marketplace. It’s what folks will use to buy, sell, trade and stake for additional rewards.
Splash is hoping to become the biggest player in adult content in the cryptoverse. And based on how quickly it’s getting support for the industry, it seems likely Splash could make a big… well… splash for investors. You can check out the Splash Telegram here. And potential investors will need to head to PancakeSwap if they decide to invest in it.
No. 4 Genopets (GENE)
Next up on our list of new cryptos to invest in is another NFT-oriented project. Genopets is a free-to-play NFT game on the Solana network. The goal of the game is to reward those living an active lifestyle. Genopets ties data from players mobile phones to play-to-earn economics. In other words, players earn crypto for being active in real life… while exploring the so-called Genoverse and evolving and battling their Genopets.
If that sounds a little bit like Pokemon, you’ve hit the nail on the head. But it takes it a step further by combining fitness incentives into it. The developer team behind this token has coined the phrase “move-to-earn” to describe it. And that certainly seems fitting. You can read more about this project in its whitepaper. Those looking to invest in it can find it at the FTX, PancakeSwap (V2) and MEXC exchanges. And it’s worth noting that it will be selling 3,333 Genopets on Cyber Monday.
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No. 3 NFT Punk (NFTPUNK 2.0)
NFTPunk is (surprise!) another NFT platform. Having just launched November 16, its tiny fully diluted market cap of $1.3 million shouldn’t surprise anyone. But that just means more possible spoils for early investors. That is, if it catches on.
The NFT platform is powered by the deflationary utility token, NFTPUNK2.0. This is what will allow users of the platform to stake the token or claim and issue NFTs. While this in of itself is nothing new, NFT punk is striving for simplicity. And in the complex world of NFTs, this could be a game-changer. Especially with the added ability to quickly enable the creation of NFTs right from people’s phones.
If the development teams’ simple drag and drop abilities catch on, we could see great things from here. And that’s why we consider this one of the more promising new cryptos to invest in. And once again, those who want to get in early will need to head over to PancakeSwap for access.
No. 2 ETHSNIPER (ETS)
Next on our list of new cryptos to invest in is (wait for it), a utility token powering an NFT gaming platform. Hey, there’s a reason NFTs are so popular right now. And it’s the same reason hot new cryptos are the ones powering them.
In this case, Ethsniper is a first-person shooter where players are rewarded for how good at the game they are. It’s like if Call of Duty got into the world of crypto. At least that’s the theory.
In it, Ethsniper players can upgrade weapons and play against others for Ethsniper tokens. Furthermore, 8% of every buy or sell transaction will be redistributed to holders of ETS. But fair warning, this is still very much in the beta phase. The actual launch of the mobile platform is expected in the second quarter of 2022. Nonetheless, those that want in early will need to head to PancakeSwap to stock up on tokens.
No. 1 XDEFI Wallet (XDEFI)
Tired of all the NFT talk? Good news! This crypto has less to do with NFTs than the others. But we’ll still be mentioning them. XDEFI Wallet is a cross-chain wallet extension. It gives users access to DeFi, no matter what chain an asset is on. This wallet also allows easy storage of and access to NFTs.
Looking for a tool to store and receive all your digital assets in a single place? How about a way to connect all of your favorite DeFi dApps? The XDEFI Wallet could be just what you’re looking for. And the XDEFI token is the governance token that will help make all of this happen. If you want to take a deeper dive, you can check out the team’s discord page here. And early investors can find the XDEFI token on SushiSwap or UniSwap.
The Bottom Line on These New Cryptos to Invest In
Jumping into a cryptocurrency early is one of the best ways to get the most bang for your buck. But it’s also an incredibly risky investment. There’s no promise that a new project will catch on. Looking for new cryptos to invest in is more of a gamble than an investment. But it’s up to you to figure out your own risk/reward matrix.
If these sound too risky for you, fret not. There are lots of other investment opportunities out there. In fact, crypto expert Andy Snyder has been keeping a close eye on what he calls the next-generation of cryptocurrencies. These are the tokens he believes will help usher in the way we invest, store information and use the internet. If this sounds like something you’d like to learn more about, all you have to do is enter your email address in the box below to sign up for his Manward Financial Digest e-letter. [/gated-content]