The crypto markets have had a difficult 2022. A bear market in the first quarter of the year saw several leading currencies lose value. More recently, the collapse of one of the world’s leading crypto exchanges, FTX, further rocked the markets. Despite the recent difficulties, there are loads of opportunities and potential to make significant gains in crypto markets. The best thing investors can do is understand the best cryptocurrencies to buy at a discount in December 2022 and which have considerable potential for improvements for 2023 and beyond.
1. Metacade (MCADE) - Best Crypto overall
Metacade is an up-and-coming GameFi platform aiming to take the crypto-gaming world by storm. It is a virtual arcade platform that will provide gamers with a space to hang out with like-minded individuals and enjoy a whole gamut of games.
Gamers are front and centre of the Metacade roadmap, as they have multiple opportunities to earn rewards with MCADE tokens, the native coin of Metacade. The primary earning opportunity is the extensive choice of play-to-earn titles available for users. In addition, gamers earn greater rewards when they engage in the platform’s community. For instance, users can pick up rewards when for posting and interacting on the platform through writing game reviews, entering and winning prize draws, and sharing knowledge and gaming tips with other gamers.
The platform also provides a space for developers to launch their gaming dreams by creating and adding new games to Metacade’s catalogue. The platform offers beta testing and feedback to developers engaged in creating new games. On top of that, developers can apply for Metagrants to help make their ideas a reality. The best applications are chosen by community users, meaning that only the titles gamers want will get the green light. This places the community's control squarely in the gamers' hands.
Along with all the earning potential for gamers, there will be a sizeable number of pay-to-play games in a separate section of Metacade, just as you’d expect in a real-life video arcade.
MCADE’s presale began at $0.008 in the opening of nine rounds, with the price increasing with each round. 125 MCADE tokens are received for each $1 investment for the earliest investments, with the price rising to $0.02, or 50 MCADE coins for each $1 at the final stage. Along with the potential longevity of the platform, this makes Metacade an investment with huge potential that’s ready to hit the market. Hence it being named, our best cryptocurrency to invest in for December 2022.
>>> You can participate in the Metacade presale here <<<
2. Metahero (HERO) - 3D Avatars
Metahero is a new crypto gaming platform owned by Web3 company Pixel Vault. Users produce their 3D hero while connecting with family, friends and big names in the corporate and celebrity worlds. Indeed, Metahero has deliberately targeted celebrities, influencers and big-name businesses to market their platform. With 2.7 million users worldwide, the approach looks like it’s paying dividends.
Metahero users create their avatars which can then be used across the metaverse and social media platforms. The cutting-edge 3D scanning technology allows users to create arguably the most realistic 3D avatars in the metaverse. In addition to people, technology can scan and digitally render objects to create meta-objects.
Some of the big names to have partnered with Metahero so far include Ferrari and Disney, helping Metahero in their quest to create bridges between reality and digital metaverses by using these NFT avatars to connect gamers, social media fans, companies and even celebrities.
The native coin of Metahero is the HERO token, which peaked at $0.25 within five months of its release. Its current value of $0.00383 is significantly lower. It offers investors an extremely attractive opportunity to invest in an upcoming cryptocurrency with excellent potential returns over the next few years. The current price prediction for the end of 2022 is that HERO will increase to around $0.0056.
3. Decentraland (MANA) - Metaverse Real Estate
Decentraland has already shaken up the digital real estate space, making it one of the most desirable cryptocurrencies of 2021. Using Web 3.0 technical protocols, users have a 3D ecosystem hosted in the metaverse where they use MANA coins to purchase digital plots called LAND.
The metaverse is comprised of more than 90,000 LAND plots, which users can purchase and then build on, trade, or purchase additional plots to create a digital property portfolio known as an ‘estate’. The ecosystem is hosted on the Ethereum blockchain and minted using the chain’s ERC 721 smart contract.
As with physical real estate in the real world, the price of each LAND plot in Decentraland fluctuates depending on different variables. Some plots are in more desirable locations than others, while market forces also influence the value. For example, anyone looking to purchase a plot near one owned by Paris Hilton will have to pay a premium compared to a plot in a less desirable spot.
The bear market of 2022 hit Decentraland’s value hard. That being said, it still remains one of the most popular metaverse real estate platforms and this popularity makes it a great option to buy in December 2022. Price predictions suggest that MANA could nearly double in price by the end of 2023, making it a potentially excellent investment.
4. Dash 2 Trade (D2T) - Risk Tracking Token
A new analytics and trading platform with a social slant, Dash 2 Trade is currently in its third round of nine in its presale stage. As with Metacade, the value of the D2T crypto coin is increasing with each presale round.
Platform users can trade in a new way with Dash 2 Trade using social indicators to inform trading signals and risk profiles to inform their investment and trading decision-making. They aim to become the leading crypto exchange and their new way of doing things has seen more than 70,000 investors already raise $6 million in what has already been a resounding presale success.
Features on the platform include auto-trading, access to other projects’ presales, analytics highlighting trading trends, a personalised strategy builder and built-in backtesting capabilities that will help inform the platform’s future direction.
The D2T crypto coin is currently valued at $0.053 and is expected to increase to $0.0662 by the end of the ninth round of presale. With early investors already making a profit by this stage and the high-profile pre-sales noise around Dash 2 Trade, price predictions are that D2T could skyrocket once it hits exchanges, making it a very attractive investment opportunity for December 2022.
5. The Sandbox (SAND) - Building up the Metaverse
The Sandbox is a crypto coin that has been one of the market’s success stories since its release in 2019 and before the bear market earlier in 2022 that saw it lose almost 90% of its value. Recent plans to introduce advanced VR options to augment the metaverse experience is an exciting development that makes SAND an opportunity for growth in 2023.
With an aesthetic that will appeal to those familiar with Roblox and Minecraft's 3D digital block worlds, The Sandbox allows users to build digital real estate and in-game accessories and allow users to be represented in games by their own uniquely designed avatar.
Users can use in-game tools to create their own accessories, which can then be sold in the platform’s internal marketplace. However, the highlight of the platform is the Game Maker tool. Any user can use it to create games using a simple plug-and-play interface, which negates the need for any coding experience.
Big names to buy into the Sandbox experience include Adidas, The Smurfs, Snoop Dogg, The Walking Dogg and Warner Music, the latter of which have already created a digital musically-themed amusement park within the platform.
Price predictions for the native crypto coin SAND are that it will end the year at around $0.66 before rebounding in 2023 back beyond the $1 mark. These predictions and the platform’s plans to move forward make it worth looking at as an investment in December 2022.
6. Yearn.finance (YFI) - Next-Level Coin Staking
Yearn.finance has already proven to be a surprise crypto success story in the Web 3.0 space during the early part of 2022 when it hit the exchanges. A platform allowing users to access passive income via crypto markets, Yearn.finance also offers users decentralised financial products, such as lending aggregation, insurance, and credit.
The platform’s main feature is the Vaults which act as pools that collect returns against staked coins depending on the performance of the market. Other features include Earn, a lending aggregator that finds the best interest rates on different exchanges, and financial products such as loans and credit checks that investors can take advantage of on crypto markets.
The YFI coin surged upon release in early 2022, after which the price underwent a price correction. However, there are definitely signs that the coin’s value is recovering. Price predictions are that anyone purchasing in December 2022 could more than double their money on YFI by the end of 2023.
7. Filecoin (FIL) - A Security-Focused Coin
For years the centralised storage market has been dominated by tech giants such as Google, Amazon, and Microsoft. Filecoin has been created to challenge big tech’s near monopoly on digital file storage by offering a decentralised alternative that could significantly cut storage costs.
The coin offers simple and cheap scalability options and is vastly more secure than physical data centres since they do not have a single entry point. This, along with the environmental benefits of digital storage solutions, makes Filecoin an excellent opportunity for growth.
Price predictions for the FIL crypto coin suggest that it will increase significantly in 2023 and beyond as demand for decentralised storage increases making December 2022 the perfect time to invest.
Metacade is the Best Crypto Coin to Invest in December 2022
Despite the ongoing uncertain market conditions, there are several appealing cryptocurrencies to invest in for December 2022. Among these Metacade shows the greatest potential. The platform has proven to be an enormously attractive all-around offering that provides plenty of scope for further development, growth, and longevity. All of these make it a superb investment for short-term and long-term investors.
Investing now may see a quick return during the nine presale rounds. The plans Metacade have released with their white paper to produce the leading GameFi platform in the metaverse could quite easily see MCADE take off once it hits the exchanges.
Whether for the casual gamer or the committed tournament gamer, the multiple opportunities to earn through interacting with the platform have captured investors' imagination. This makes Metacade the best cryptocurrency to invest in during December 2022.
You can participate in the Metacade presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
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