One of the largest altcoins in the crypto space, Cardano is an open-source blockchain network and crypto-currency that has yielded significant returns since its launch in 2017. Investors are looking for new options.
This guide takes a look at the three best alternatives to Cardano that could be high-yielding in 2022.
Cardano price
Like Ethereum, the Cardano network is an open source blockchain platform that deploys smart contracts to take advantage of the DeFi (decentralized finance) protocol, NFT interoperability, and more. Launched in 2017, Cardano (ADA) was created. By Charles Hoskinson, one of the original founders of Ethereum.
After launching in 2017, the ADA did not experience much higher price movement until early 2021. The token rose from $0.2 to $2 before revising to $1 in July 2021.
However, Cardano made headlines after incorporating an upgrade to the Alonzo fork, which first implemented smart contracts on the blockchain network. After its deployment in September 2021, the ADA hit a record $3.1 in the same month.
But the ADA fixed it to $0.5 per token. Despite being one of the largest cryptocurrencies But the token doesn’t offer higher moves in 2022, so a doubling to $1 is unlikely. Therefore, investors are looking for alternatives.
Cardano’s Choice
section below check Three other cryptocurrencies that might be good alternatives to Cardano (ADA):
1. Tamadoge
in the past few years We have seen an increasing number of GameFi projects leveraging blockchain technology to offer players exciting gaming benefits. One of the best GameFi and play-to-earn (P2E) projects is Tamadoge. It is a digital currency network that provides NFT interoperability in the P2E universe.
TAMA, Tamadoge’s original token, is used to pay transactions, purchase NFTs, and reward players. One of the P2E items that can be purchased with TAMA is Tamadoge Pet, a unique NFT avatar shaped like a dog. Each avatar has different attributes and can be purchased from the Tama Shop with original tokens.
Participants compete in the Tamadoge ecosystem with their own NFT pets, where top performers receive prizes at the end of the month. In particular, TAMA aims to be a deflation asset, burning 5% of all tokens used on its platform.
30% of the tokens used are used for marketing purposes, while the remaining 65% will be distributed in P2E reward pools. Tamadoge is currently available for pre-sale, within 10 days of release. Tamadoge has achieved its pre-sale goal. For the beta version at 2 million dollars.
Right now, the project is looking to collect $19 million for the remainder of the presale. This will end in Q4 2022. After the pre-sale ends, TAMA will be available on LBANK, Centralized Exchange (CEX) and Uniswap, a popular decentralized exchange (DEX). trade This makes it one of the best emerging cryptocurrency projects to buy.
Interested readers can join the Tamadoge Telegram Channel to stay up to date with all the latest news and information related to this new crypto project. Telegram admin will not DM you first.
Buy Tamadoge on Presale
2. Infinity Battle
Another great alternative to Cardano is Battle Infinity – a decentralized cryptographic platform with 6 different P2E features. The main feature on this platform is Battle Arena, a P2E metaverse that players can interact with. On a virtual ecosystem where characters are created as NFTs via the ERC 721 smart contract protocol.
Another accessible feature is the IBAT Premier League – a decentralized fantasy sports league. Players can participate in these platforms by trading IBAT – Battle Infinity Battle Infinity Utility Tokens will make IBAT available on the IBAT Battle Swap, a DEX where IBAT can be purchased and swapped with currency. other digital
For investors looking to earn passive income, IBAT can bet on the Battle Stake feature to accumulate interest. Compared to Cardano’s unforgettable 2022, IBAT has been a huge hit, concluding one of the best crypto futures sales of 2022.
The tokens sold out 90 days prior to the sale in just 3 weeks and are now available for purchase on PancakeSwap. After listing on a pre-sale for $0.0015 per token, the IBAT has reached a price of $0.01 immediately after listing. This nearly 600% price increase makes Cardano’s latest performance stand out.
Currently trading at $0.007 per token, IBAT has been performing well since IDO, even though the current bear market and Bitcoin are in the red at the time of writing, IBAT has the potential to become one of the best crypto winter tokens. year 2022
Subscribe to Battle Infinity’s Telegram channel for more updates on the project. Telegram admin will not DM you first.
Visit Battle Infinity now
3. Lucky Block
Lucky Block is an NFT tournament platform that promotes fairness and transparency by allowing players to earn up to $50,000 in weekly draws. In addition to the weekly main draw The platform also organizes weekly NFT prize draws every Friday. Players must purchase NFTs generated on the Lucky Block platform to participate in the exclusive NFT draw.
Participants are rewarded with LBLOCK – Lucky Block’s original cryptocurrency. In particular, there are two versions of the LBLOCK token – V1 and V2 tokens. The V1 token is a BEP-20 protocol built for DEX. Master and has a 12% transaction fee per transaction.
On the other hand, the V2 token is an ERC-20 protocol, which is specified in CEX and does not charge transaction fees. Recently, V2 LBLOCK crypto has been adopted on the popular centralized exchange – MEXC.
The V2 LBLOCK token is currently trading at $0.002.
Visit Lucky Block website
how to buy tamadoge
The steps below show investors how to buy Tamadoge, the best alternative to Cardano in 2022.
Step 1: Set Up a Crypto Wallet
Readers interested in buying Tamadoge must purchase a cryptocurrency wallet. MetaMask, for example, is one of the best crypto wallet compatible with Tamadoge (TAMA).
Traders can head over to MetaMask and click on ‘Download’.
Step 2: Buy ETH or USDT
TAMA can be purchased directly by exchanging ETH or USDT tokens.
If you haven’t bought these assets yet. Go to the desired crypto exchange, buy ETH or USDT, and transfer the tokens back to the MetaMask wallet.
Step 3: Link MetaMask to Tamadoge Presale Platform
The next step is to go to the Tamadoge website and click on ‘Buy’. ‘Connect Wallet’ and select a wallet provider to connect to the presale platform.
Follow the instructions to link the official wallet.
Step 4: Buy TAMA Tokens
The last step is to buy TAMA by entering the number of tokens to buy and then selecting ‘Convert ETH’ or ‘Convert USDT’. The buyer must purchase a minimum of 1000 TAMA.
TAMA tokens can be claimed once the presale ends by clicking on ‘Claim’ on the Tamadoge website homepage.
TAMA can also be purchased using the popular Transak debit/credit card. That option will be available after connecting the MetaMask wallet.