7 of the Best Cryptocurrencies to buy right now


How do you find the best cryptocurrencies to buy right now? Analysts have scoured the markets for the seven most undervalued coins in the current market with great prospects and this list provides the comprehensive results.

1. Metacade (MCADE): A Leader in Play2Earn Gaming – Best crypto to buy now

Metacade is a community hub built by gamers, for gamers. It’s aiming to be Web3’s ultimate one-stop platform for everything Play2Earn and metaverse gaming, by providing a space for players to connect, play the latest titles, and earn more from their gaming. On the platform, you’ll find reviews, leaderboards, and dedicated forums to discuss how to get ahead in your favourite Play2Earn games.

One of Metacade’s primary ambitions is to make Play2Earn accessible to all, regardless of your gaming background, in a fun, vibrant community setting. That’s why they’re offering MCADE token rewards to players that share reviews, tips, and other content which helps other users find their footing in the budding GameFi ecosystem. Advanced players are incentivised to share their expertise with others and new players can learn from the more experienced while earning by posting reviews or best practices they’ve discovered along the way.

In fact, Metacade offers multiple ways to earn some extra cash while doing what you already love to do. There are prize draws, exclusive tournaments, and even casual testing opportunities where you’ll use Metacade’s native testing environment to trial and offer feedback on the latest games. In 2024, Metacade plans to launch its job board, where you’ll be able to find permanent roles working with some of the most well-respected names in Play2Earn and metaverse gaming.

A feature that’s garnering plenty of attention already is the launch of Metagrants in late 2023. Metagrants offer direct financing to game developers producing the games the community is most excited about playing. MCADE holders will be able to cast their votes on dozens of competing ideas and the winner will receive financing from the Metacade treasury to fast-track development directly endorsed by the game’s most ardent supporters. One day, Metacade aims to be responsible for some of the best Play2Earn games on the market, hosting them in their virtual arcade for everyone to play.

The endgame for Metacade will be for it to become a decentralised autonomous organisation (DAO). At this stage, the core Metacade team will step down and hand over the treasury’s keys to elected members of the community. This will enable MCADE holders to vote on the future changes made to the platform they call home. To ensure the integrity of the platform, two or more private signatures will be required to sign off on any transactions from the treasury, keeping the community’s funds safe and secure.

Given that Metacade is one of the most hyped projects in an industry that’s set to grow from a $1.5 billion valuation in 2021 to a $50 billion valuation in 2025 (Crypto.com), it’s easily the first choice as the best crypto to buy in right now. No other project in the GameFi space is ambitious or as promising as Metacade and that definitely makes MCADE one to watch.

>>> You can participate in the Metacade presale here <<<

2. Binance Coin (BNB): Strong Demand With a Limited Supply

Binance Coin is the Binance exchange’s native token and is the fourth most valuable cryptocurrency on the market. What originally started out as a trading fee discount token, Binance Coin now powers over 4,200 dApps built on the Binance Smart Chain (BSC), as per DappRadar. It’s also the second most valuable DeFi chain after Ethereum, with $5.8 billion locked vs. Ethereum’s $31.72 billion (DeFiLlama). While it’s not quite matching Ethereum’s total value locked just yet, it’s impressive, to say the least, considering that BSC only launched in 2020.

All of these dApps have one thing in common: they use BNB to pay for gas fees, increasing demand. BNB also sees demand soar during bull markets as people flock to Binance to trade while picking up some BNB for cheaper fees. Moreover, BNB is deflationary with Binance burning hundreds of millions of dollars worth of BNB each quarter. This leads to a restricted supply while demand increases.

All of these factors point to a bright future for Binance Coin. The BSC ecosystem is constantly growing while demand for BNB stays elevated. The supply restriction mechanism is just the cherry on top. For these reasons, BNB is the second best crypto to buy right now.

3. Ethereum (ETH): The Unstoppable Smart Contract Platform

Ethereum is the second most valuable cryptocurrency, and for a very good reason. It’s the smart contract platform of choice for many dApp, DeFi, and NFT developers. As mentioned, Ethereum has the most value locked in its DeFi projects by far. It also dwarves other chains in terms of NFT transactions, with over $30 billion sold on the Ethereum chain, according to Crypto Slam. The second is the Ronin chain, with just $4 billion in NFTs sold.

All of this popularity hasn’t come without issues, however. Ethereum is well known for having high gas fees and low transaction speeds. But after the move to a proof-of-stake (PoS) consensus mechanism, dubbed “the Merge,” Ethereum will be able to handle more traffic without sacrificing speeds or costs. It also paved the way for Ethereum to implement sharding, which could boost speeds from a maximum of 30 transactions per second (TPS) today to 100,000 TPS, beating Solana and traditional payment processors Visa and Mastercard in the process.

Ethereum seems to keep going from strength to strength. After the recent upgrade, Ethereum will likely continue to reign supreme as the top utility token on the market. As such, it’s the third best crypto to invest in right now.

4. Bitcoin (BTC): An Inflation Hedge Better Than Gold

Bitcoin was the world’s first cryptocurrency and remains the most valuable by far today. Its current market cap is approximately $400 billion, double that of Ethereum and more than the GDP of Norway, Nigeria, and South Africa. While it might seem an obvious choice to include in your portfolio, Bitcoin is the favoured cryptocurrency of institutional investors across the globe. With 74% of institutional investors planning to invest in digital assets (Bitcoin.com), Bitcoin will be first on their list as the most liquid and least volatile crypto asset.

As Bitcoin has a fixed supply, with only 21 million in existence, an influx of investment from major institutions will push BTC’s price up to unfathomable heights. Other fixed supply assets, like gold and silver, do tremendously well in times of high inflation. And with inflation running rampant at the moment, Bitcoin could serve as an even better hedge than traditional precious metals. There’s no discounting Bitcoin’s dominance in the crypto market and that’s why it’s the fourth best crypto to invest in right now.

5. MakerDAO (MKR): The Crypto Central Bank

MakerDAO is a DeFi project that accounts for ~15% of the total value locked across the entire DeFi space (DeFiLlama) and 25% of the total amount locked on the Ethereum blockchain. It’s one of the most advanced and stable DeFi platforms, offering its own stablecoin, DAI, to those that are looking to lend against other cryptocurrencies.

MakerDAO requires borrowers to over-collateralise at a rate of around 120-150%, meaning that to borrow $100 of DAI, you’d need to put up $120-150 worth of another cryptocurrency. This protects Maker and the DAI-USD peg during times of extreme volatility.

Maker functions as a DAO, allowing MKR holders to determine interest rates, how DAI should be backed, and more. In this sense, it’s essentially a decentralised central bank – an impressive feat. For example, the DAO recently voted to back its DAI holdings with $500 million in US treasuries and corporate bonds.

Back in March 2020, when the markets were collapsing, Maker holders were able to save the DAI peg. While the DAO lost $6.65 million in the process, it demonstrates how resilient MakerDAO is in the face of black swan events like the 2020 crash. Since then, considerable updates have been made to the protocol to prevent something like this from occurring again. As the number one DeFi project on the market, MakerDAO is an excellent choice as the fifth best crypto to invest in right now.

6. Aptos (APT): A New Token to Contend With Ethereum and Solana

Aptos is a fresh token, like Metacade, that’s drawn some significant hype recently. Remember back in 2019 when Facebook/Meta tried launching the Libra project? Despite its eventual failure in the face of regulators, two developers at the company saw potential in the project, later renamed Diem.

Now, it’s finally here, and it’s had another name change: Aptos. Aptos is a rival to chains like Ethereum, BSC, and Solana. It uses parallel blockchains and a new programming language known as Move to achieve reported speeds of up to 130,000 TPS without compromising security. This has led it to be called “the Solana killer” already, beating Solana’s current maximum of around 65,000 TPS.

While it’s early days yet, Aptos represents a potent threat to the dominance of Ethereum and Solana. With hundreds of millions raised in private equity and a development team packed with incredible talent, Aptos could be the next big token to climb the ranks. As such, it’s the sixth best crypto to buy right now.

7. Chiliz (CHZ): A Unique Use Case With an Upcoming Catalyst

Chiliz is a fan engagement platform that offers fan tokens for sports teams around the world. Clubs like Juventus, Manchester City, and Paris Saint Germain have already issued their own fan tokens, amongst dozens of others. Owning a fan token gives you access to voting rights to direct the future of your favourite team, like deciding on uniforms, stadium names, pitch patterns, and more. It’s not just football clubs that have fan tokens either: basketball, Formula 1, and eSports teams all have their own fan tokens.

With the World Cup taking place at the end of this year, it’s very likely that crypto investors will be picking up fan tokens for their favorite international teams, like Portugal, Argentina, and Italy. As CHZ is needed to purchase these tokens, there could be a pump very soon.

Metacade Is The Top Choice as the Best Crypto to Buy Right Now

To be honest, an equally-weighted crypto portfolio of the coins above would likely do very well over the coming years. Diversification is intuitive; we don’t want to put all eggs in one basket, right? Well, investing is often counterintuitive. Take this quote from Warren Buffet, for example: “Diversification may preserve wealth, but concentration builds wealth.” He’s right; for the biggest gains, you need to allocate more of your portfolio to the stocks (or cryptos in this case) that are likely to offer the greatest returns.

The project with the best upside potential is Metacade. It’s got plenty of features likely to attract thousands, even hundreds of thousands, of players in the rapidly-growing GameFi space. And while the other coins on this list have already launched and made their early investors millions, Metacade is still in presale.

If you believe in Metacade’s vision to be a fundamental driver of Play2Earn gaming, then it’d be wise to act sooner rather than later. In phase 1 of the presale, you can get 125 MCADE tokens for $1. In phase 9, you’ll get just 50 MCADE for $1. That means you could potentially double, or perhaps triple, your long-term gains on Metacade just by being an early investor.

As an added bonus, Metacade will also be giving away $125k at the end of the presale! If you want to get in on the ground floor with one of the most promising projects in the GameFi industry AND be in with a chance to win a big cash prize, then check out the Metacade presale as soon as possible.

You can participate in the Metacade presale here.

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