Ethereum is one of the most popular cryptocurrencies and the largest altcoin available in space. However, the huge price surge of ETH means that investors may be looking for other alternatives to invest in.
This guide will discuss three popular cryptocurrencies and review why a price surge for ETH is not as likely as these other alternatives.
Ethereum PriceEthereum is the largest altcoin in the crypto space, with a market cap over $220 billion. Since its launch, the cryptocurrency has returned a staggering 65,000% return on investment (ROI). In 2022, Ethereum was one of the many cryptos that experienced a massive correction following the global market uncertainty with increasing inflation and price hikes.
After reaching an all-time high (ATH) of $4,900 in 2021, ETH is trading at $1,900 per token in August 2022. While many investors are looking to buy Ethereum at a lower price, we will be discussing three better alternatives that have the potential to offer greater returns.
Best Cryptos Likely to Experience a Higher Price Surge than ETHThe sections below look at the three best alternatives to ETH for investors looking to invest for high returns.
1. TamadogeWe recommend Tamadoge (TAMA) as one of the best alternatives to Ethereum for high returns. TAMA is the native cryptocurrency of the Tamaverse – a play-to-earn (P2E) metaverse ecosystem that combines gaming with decentralized finance (DeFi).
Players on the Tamaverse can purchase Tamadoge pets – virtual dog-like NFT avatars minted as NFTs. Since Tamadoge is created on Ethereum, it deploys smart contracts capable of minting NFTs.
TAMA is used to buy these NFTs from the Tama store and reward players. Participants earn rewards by taking part in community-based tournaments to gather points on a monthly leaderboard.
A deflationary token, Tamadoge burns 5% of all the coins spent on the platform. This can potentially help in raising the long-term demand for the TAMA tokens. Furthermore, 30% of all coins are used for marketing purposes, while 65% of the tokens spent are re-distributed to P2E prize pools to reward the winners.
TAMA is available to buy on presale for only $0.0125 per token. The crypto completed its beta presale targets of $2 million in only 10 days and is looking to collect $19 million during the rest of the presale. Currently, TAMA has received over $5 million during the ongoing presale.
Once the presale concludes, TAMA has reserved 20% of all tokens for future Centralized (CEX) and decentralized exchange (DEX) listings. In fact, LBank and Uniswap are two popular exchanges that will be listing the token once the presale ends. A solid crypto project, Tamadoge has also been CoinSniper KYC verified and is audited by Solid Proof.
In comparison to ETH, Tamadoge has a higher growth opportunity. With a rapidly increasing market cap, Tamadoge may be the hottest cryptocurrency to buy right now.
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2. Battle InfinityThe next best ETH alternative for high returns is Battle Infinity – another P2E metaverse-based cryptocurrency project. By joining Battle Infinity, players can access the Battle Arena – a virtual ecosystem where members can join via VR headsets.
All items and characters on the Battle Arena have been minted as NFTs using ERC 721 smart contract functionality. Another P2E feature of Battle Infinity is the IBAT Premier League – a decentralized sports fantasy league.
Users looking to participate in these P2E features must purchase IBAT – the native token of Battle Infinity. Members can buy IBAT from the IBAT Battle Swap – a DEX where these tokens are made available and can be swapped with other digital assets.
One of the best utility tokens, IBAT, can also be staked on the IBAT battle stake. Players can choose solo staking to lock up their IBAT tokens to accumulate interest. On the other hand, duo staking options are available for investors looking to pair IBAT with another token to earn interest.
Battle Infinity (IBAT) recently completed one of the best presales of 2022 after the token completed its 90-day presale in just over 3 weeks. Following the presale, IBAT has been listed on the popular DEX – PancakeSwap.
After listing at only $0.0015 per token on presale, IBAT is trading at $0.0075 prior to its PancakeSwap launch. This equates to a staggering 400% price increase. In comparison, ETH has lost more than 50% of its value throughout 2022.
With still a limited market cap, the Battle Infinity cryptocurrency can become one of the most profitable tokens in the long term.
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3. Lucky BlockThe final crypto to invest in as an alternative to ETH for potential price surges is LBLOCK – the native cryptocurrency of the Lucky Block platform.
The lucky Block network aims to provide transparency and fairness by inviting users to participate in weekly main draws and NFT draws – with winnings going as high as $50,000. This network mints its own NFTs – which must be purchased to get exclusive access to the NFT draws.
For example, investors can buy one of the 10,000 Platinum Rollers Club NFT collections to get exclusive entrance into the Platinum NFT competition. LBLOCK is used to conduct transactions and maintain the network.
There are two LBLOCK tokens – a V1 built for DEXs and a V2 token for CEXs. The V1 token is built as a BEP-20 protocol and has a 12% transaction fee. The V2 is an ERC-20 protocol with no additional transaction fees.
After the V2 token was recently listed on MEXC, a popular CEX, the token surged by almost 300% within 24 hours. Furthermore it was announced that in September, LBLOCK V2 will also be listed on Gate.io – another centralized exchange with a 24 hour high trading volume of $1.2 billion.
Compared to ETH, LBLOCK is in its growing stage, with massive potential to experience high returns. As witnessed with other cryptos, listings on major exchanges lead to higher trading volumes and potentially higher prices.
ConclusionWith the huge market cap and high ROI that ETH has already experienced, there are other alternatives that are more likely to deliver high returns. We recommend Tamadoge, Battle Infinity and lucky Block as the best cryptos to look into for high returns.
Furthermore, all three cryptos are currently on presale or have recently been listed on global exchanges, making them widely accessible to investors. A promising P2E cryptocurrency, TAMA, is available to purchase for $0.0125 on presale right now.