Where to invest money. Our experts have named several promising young potential cryptoprojects

Gaming coins, management tokens and other promising cryptoprojects with potential for growth in price.Review by Crypto-Upvotes experts

Every year a number of cryptocurrencies grows and it becomes difficult to determine which of the new coins can potentially bring profit. And which cryptoprojects should be treated with more skepticism. Our experts have named several promising tokens that have been released recently.

Apecoin (APE) 

One of the interesting novelties of 2022 is APE token. It was introduced by the developers of the acclaimed NFT collection Bored Ape Yacht Club (BAYC). The idea of the project is to use the new token as a manager in the ecosystem under development.

The BAYC developers plan to create a full-fledged meta universe for the owners of NFT collection monkeys. Apecoin will be used as a token to provide in-game transactions. And allowing you to take part in voting on the future of the project, says our expert.

Bored Ape collection almost immediately after the launch has become a kind of cult. It is used primarily as an admission ticket to the private club of “crypto-snobs”. APE owners can indirectly benefit from the development of this small but rather strong community.

“Potentially, after the change in global market trend, we can expect a high interest in this project, and, consequently, practical application of tokens and their multiple increase in price,” – believes our expert.

Aptos (APT) 

Our expert also called cryptoprojects Aptos, a new blockchain, a rather bright and loud novelty of 2022. The project is interesting from the point of view of marketing campaign. But not only because of that, it can also be useful as a testing ground for new technological solutions in the industry.

The team of Aptos creators is trustworthy. Earlier this team was engaged in development of Diem cryptocurrency wallet for social networks of Mark Zuckerberg. This cryptocurrency project never took off because of the resistance of American regulators. But according to our expert, there is no doubt in the competence of the developers.

Aptos blockchain is aimed at the hottest topic of this year – Web3. And this also plays into the hands of the project, which only attracts participants and investors so far. This blockchain has all the major innovations. Such as parallel transactions to increase the conductivity of the blockchain. As well as smart contracts, a system of increased cybersecurity, and the ability to run NFT collections.

Now the ecosystem is actively being filled with applications. Our expert believes that by the new year there will be a significant inflow of liquidity into the ecosystem. Aptos is definitely worth keeping an eye on in the next six months although the start of APT token trading in the middle of October was quite scandalous.

“Unfortunately, the reality is that today it is not so much the most useful projects that survive as the most quoted ones. Although one should not belittle the merits and technical results of the Aptos team. But it is obvious that the emphasis of the project is on the marketing component,” said our expert.

Battle Infinity (IBAT) 

If we consider more risky, but no less promising cryptoprojects in 2022. Then we should also pay attention to Battle Infinity gaming tokens. Despite the fact that previously the team of developers from India has not been seen in successful cryptoprojects, their proposed concept is interesting.

Token essence, as in many similar projects, comes down to the role of manager and in-game token, our expert explained. He specified that in case of successful realization this project will unite several sports games inside its own single Metaverse. In this Metaverse IBAT will be the link of the whole ecosystem.

Buying this token is quite a risky investment for this type of project at its current stage of development. Especially with the bearish trend of the whole crypto market, our specialist warned. But, he noted that in case of success, it may turn out that the price of the token will increase many times due to its active use within the ecosystem. Although the project is risky, it is worthy of careful study.

Algorand (ALGO) 

Another cryptoprojects worth keeping an eye on, even though it is not as new as the above mentioned ones, is Algorand. Our expert explained that it is a decentralized platform with smart contracts for DeFi, digital asset release, Web3 projects and other similar developments.

Our expert again turned his attention to the team of creators. This project was started by MIT professor Silvio Micali. The team managed to achieve partnership agreements with a number of states over several years. These include states like the Marshall Islands and El Salvador. This means that blockchain is potentially interesting for launching national digital currencies (CBDC).

Also, our expert pointed out that USDT and USDDC stackcoins are already running on the Algorand blockchain. And this means that it is a sought-after network. In the long term, Algorand may take its niche among other DeFi-oriented ecosystems.

Disclaimer: We do not give financial advice on buying certain cryptoprojects. This review focuses on cryptocurrencies that are promising according to our experts

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Cryptocurrencies up 300,000%. Top 8 coins that rocketed in price lately

Some cryptocurrencies rose in value by more than 1,000 times in the past 30 days. What coins you could earn on, review by Crypto-Upvotes experts

Despite small fluctuations in the prices of leading cryptocurrencies lately. Some of the little-known altcoins have shown significant growth over the past month. It is difficult to foresee such events, but owners of such cryptocurrencies received a significant capital gain due to the increase in prices of these tokens.

One of the coins increased in price by almost 300,000%. And several others showed more than multiple returns. We’ve compiled a list of tokens that have risen significantly in the last 30 days.

Scholarship Coin (SCHO) — 298 857%

SCHO token grew by 298,857% over the month. Back on October 3, its price was about $0.05, and on October 7 it reached $6. The token is traded only on FinexBox, paired with USDT.

The goal of a little-known Scholarship Coin project was to create a scholarship model. In which students would be rewarded depending on their performance at a recognized educational institution. According to the idea of the developers of this project, the system will encourage students from all over the world to perform better.

According to the developers’ plan, SCHO is a Stablecoin that is supposed to be tied to the value of the U.S. dollar. However, as of Oct. 7, the coin’s price remains at $6-7.

APTOS (APT) — 10 000%

Aptos cryptocurrency soared by 10,000% in the first minute after the start of trading in pair with USDT on Binance platform. The token rose from 1 USDT to 100 USDT, but then dropped just as quickly to 7-8 USDT. In a trading pair to the Binance Stablecoin, the token rose to 58 BUSD.

APT token is a cryptocurrency of the new Aptos blockchain launched on October 18. It allows the creation of smart contracts and decentralized applications in Move. This programming language has increased code security and reliability. In addition to Binance, token trading was supported by platforms such as Huobi, Coinbase and FTX.

Cryptocommunity was waiting for the launch of the new token. Therefore, the trading volume of this cryptocurrency reached more than $800 million in the first 6 hours. At the same time, the rate of another coin with the ticker APT – Apricot Finance – rose against this background. This token is not related to the Aptos network. The price of Apricot Finance rose 70% overnight, according to CoinMarketCap.

Brazil National Football Team Fan Token (BFT) — 492%

BFT cryptocurrency showed a 492% growth over the last month. From September 19 to 29, it rose in value from $0.28 to $1.66. On Oct. 19, the token costs $1 and is traded on several crypto exchanges, including Gate.io and MEXC Global.

BFT is a fan token for Brazil’s national soccer team. Its holders can enjoy benefits such as communicating with the national team on the Bitci Fan Token platform. Or meetings and phone calls with one of the current players or legends of the team. As well as entering the locker room, watching matches in VIP areas and so on.

The growth of Fan Coins often occurs against the backdrop of important sporting events involving the team. Thus, the impact on the prices of these cryptocurrencies can be explained by the matches. Which are taking place this fall in the run-up to the 2022 World Cup finals. Which will take place in November and December in Qatar.

Spain National Football Team Fan Token (SNFT) — 466%

Another fan token, SNFT, has shown significant growth over the past 30 days. As its price rose 466% from Sept. 22 to Sept. 29, from $0.15 to $0.85. And on Oct. 19, the token is worth $0.43 and is also traded on several crypto exchanges, including MEXC Global, XT.com and Bitci.

The Spanish soccer team fan token is a BRC-20 standard cryptocurrency. Also with the help of which fans of the team can participate in various promotions and events of the club. And buy NFTs, get fan awards and much more.

Decentralized Social (DESO) — 283%

From September 20 to October 8, the token rose in value from $6 to $23, that is, by 283%.

Decentralized Social (DESO) is a blockchain designed to develop and support decentralized Web 3.0 social networks. Founded in 2019, this network is supported by the DeSo Foundation, a nonprofit organization.

Mdex (MDX) — 266%

The cryptocurrency MDX increased in value by 266% from $0.06 to $0.22 from Oct. 10 to 14. The token is traded primarily on the Mdex platform itself.

MDX is a token of the decentralized cryptocurrency exchange of the same name. It is based on two networks: Huobi Eco-Chain and Ethereum. The token is used in several ways: as collateral for loans, as an asset for lending. And also as rewards in the ecosystem and as a gas fee for all transactions on that platform.

Rich Quack (QUACK) — 253%

Between October 7 and October 13, the price of QUACK token rose 262%. The coin is still worth well under $1. However, its capitalization rose from $40 million to $145 million. QUACK is traded on platforms such as Digifinex, MeXc Global, Gate.io and LBank.

Rich Quack is a hyper-deflationary token based on the Binance Smart Chain (BSC). Its purpose is to reward holders by “generating profits without friction.” Holders do not need to place the token in a stack. That’s because profits are accrued by smart contracts.

The protocol generates returns with fees of 12% per transaction. 4% of each transaction is distributed to holders. And another 4% is given to the QUACK / BNB liquidity pool. 2% goes to pumping and burning wallets to create an “ever-increasing price floor.” And 2% goes to marketing and the developer’s wallet.

Morpheus Network (MNW) — 234%

MNW token increased in value by 234% from September 28 to October 18. Its price rose from $0.44 to $1.47 during that time. The coin is traded on exchanges such as KuCoin, BKEX, Gate.io and Uniswap (v3).

Morpheus Network is a platform focused on logistics and supply chain optimization using blockchain technology. The Morpheus project collaborates with companies such as DHL, FedEx, SWIFT, Oracle and China Post, according to project website.

Disclaimer: We do not give financial advice on buying certain cryptocurrencies. This review focuses on cryptocurrencies that have grown recently.

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