In contrast to traditional investment markets such as the S&P 500 or Dow Jones, the broader cryptocurrency arena has generated significant returns over the past few years.

To explore this sentiment further, this guide will discuss the 10 most profitable cryptocurrency to invest in right now.

The 10 Most Profitable Cryptocurrency to Buy in 2022

After researching the digital asset market extensively, we found that the 10 projects below represent the most profitable cryptocurrency to invest in today.

  1. Tamadoge – Play-to-Earn Pet Game With Battles, Breeding, and NFT Ownership
  2. Battle Infinity – New Metaverse Project With NFT Games and Immersive Experiences
  3. Lucky Block – Emerging NFT Competition Ecosystem
  4. Ethereum – Smart Contract Blockchain Worth Just a Fraction of its True Potential
  5. Decentraland – Real Estate Metaverse With Vast Virtual Worlds
  6. Cosmos – Growing Crypto Project Making Blockchain Interoperability a Reality
  7. Bitcoin – Most Profitable Cryptocurrency of All Time
  8. Dogecoin – Meme Coin With a Huge Online Following
  9. Shiba Inu – Gains of Several Million Percent Since Launching in 2020
  10. DeFi Coin – Decentralized Ecosystem With Token Swaps and Yield Services

Read on to find out why we found that the above 10 projects could be the most profitable cryptocurrency to buy this year.

A Closer Look at the Most Profitable Cryptos to Invest in

Never before has there been a better opportunity to add some of the best cryptocurrency projects to an investment portfolio.

The reason for this is that since the turn of 2022, the cryptocurrency space has entered a bear market. As such, there are many profitable cryptocurrencies to invest in at a major discount, when compared to prior all-time highs.

In the sections below, we take a close look at the 10 most profitable cryptocurrencies to trade in 2022.

1. Tamadoge – Play-to-Earn Pet Game With Battles, Breeding, and NFT Ownership  

The number one project to consider on our list of the most profitable cryptocurrency to buy in 2022 is Tamadoge. Not just a meme coin, Tamadoge is building a metaverse ecosystem that will support gaming and NFT ownership. The overarching concept with Tamadoge is that it allows players to mint pets – each of which will be unique from the next.

This is because each Tamadoge pet – which is backed by an NFT, will possess different traits and characteristics. This means that some Tamadoge pets will be rarer than others and thus, in theory, this will be reflected in their market valuation. Upon minting a pet, the Tamadoge ecosystem enables players to battle with each other.

The winner of each respective battle will result in the player earning rewards. This will be distributed autonomously via the Tamadoge crypto token – TAMA. Another stand-out feature that the Tamadoge team is working on is the ability for players to breed their virtual pets.

tamadoge ico

This will result in a new pet NFT being minted, with its own unique traits. We also like that Tamadoge, as per its roadmap, will be building a mobile app, in addition to creating immersive experiences via augmented reality and the metaverse. Although Tamadoge describes itself as a meme coin, it is clear that the team of ambitious developers have much grander plans.

In terms of its presale, investors can access the TAMA token at preferential prices. In other words, once TAMA launches its public sale, the cost price will be higher when compared to the presale. The minimum investment required during the presale is around $25, payable in either Ethereum (ETH) or Tether (USDT), with a partnership with Transak meaning ETH can be bought directly on the presale website for ease.

The presale has been highly successful so far, with $15 million raised and less than 15% of the presale allocation remaining – and expected to sell out by the end of September.

With a listing on centralized exchange LBank already confirmed, Tamadoge could easily become one of the most profitable cryptos of 2022.

Min Investment 1,000 TAMA (∼$25 + gas fee)
Max Investment N/A
Purchase Methods ETH, USDT, Debit / Credit Card (via Transak)
Chain Ethereum
Beta Sale Ends 2nd September 2022
Presale Ends Q4 2022

2. Battle Infinity – New Metaverse Project With NFT Games and Immersive Experiences

The second most profitable crypto to trade is Battle Infinity. Unlike most cryptocurrencies in this space, Battle Infinity has not seen the value of its token collapse as per the bear market with the token only recently launched and enjoying good early gains.

The IBAT presale sold out in just 24 days, raising around $5 million, befoe listings on PancakeSwap and LBank saw the coin pump to a $40 million marketcap.

Battle Infinity is building an ecosystem in conjunction with the metaverse, blockchain, and NFTs. There will be a variety of immersive gaming experiences hosted by Battle Infinity, including the IBAT Premier League.

battle infinity homepage

This game is centered on fantasy sports and will enable users from all over the world to win rewards. The idea is to build a team of players from a specific sport – such as soccer or cricket. After that, after each real-world match, the user will earn points based on how well each player from within their team performs.

By accumulating more points than other players, Battle Infinity users will earn IBAT – which is the native cryptocurrency of the project. Moreover, players will also have the opportunity to earn NFTs from within the game. IBAT will eventually sell at both decentralized and centralized exchanges, like most other digital tokens.

IBAT will also be available to trade on the Battle Infinity DEX, which alleviates the need to buy and sell tokens through a third party.  There will also be a Battle Infinity marketplace to trade in-game NFTs that have been earned or purchased. Long-term investors might consider staking their IBAT tokens in the Battle Infinity ecosystem to generate an attractive yield.

With listings on other exchanges expected soon and awareness of the project continually increasing, IBAT could again pump and bring excellent returns for investors.

Join the Battle Infinity Telegram group to join thousands of other investors and for the latest information on the project.

3. Lucky Block – Emerging NFT Competition Ecosystem

Lucky Block logoLucky Block is another new cryptocurrency to keep an eye on, albeit, this project concluded its presale campaign in early 2022. In fact, Lucky Block was arguably one of the best crypto presales of all time, not least because it went on to generate gains of over 6,000% within a month of launching.

Fortunately for those that missed out, Lucky Block has since entered a market correction with the rest of the crypto space. Lucky Block describes itself as an NFT competition platform and players will have access to significant prizes when entering a draw.

For example, some of the competitions being run by Lucky Block at the time of writing include a Lamborghini, $1 million worth of Bitcoin, a property worth $1 million, a 5* holiday, and a VIP package to the FIFA world cup. In order to enter one of the aforementioned competitions, users will need to buy a Lucky Block NFT.

Each NFT is linked to a specific competition, which not only grants access to the draw but offers ongoing rewards. These rewards are distributed in the LBLOCK token, which is native to the Lucky Block ecosystem. As such, users are incentivized to enter Lucky Block competitions, with rewards on offer even if the NFT holder does not win. All NFT competition draws are guaranteed for their fairness via decentralized smart contracts. This ensures that the outcome of each competition cannot be manipulated.

The project has now released its LBLOCK V2 coins, an ERC-20 token that allows for easier listing on centralized exchanges and eliminates the 12% transaction fee of the V1 token. CEO Scott Ryder also recently announced that a monthly burn of 1% will be implemented from September 30, dramatically cutting supply of the coin.

LBLOCK can be purchased at popular crypto exchanges, which include MEXC and LBANK, with more listings in the pipeline.

4. Ethereum – Smart Contract Blockchain Worth Just a Fraction of its True Potential

Unlike Battle Infinity, Tamadoge, and Lucky Block – Ethereum is an established cryptocurrency that already possesses a multi-billion dollar market capitalization. Nonetheless, it could still be one of the most profitable cryptocurrencies to invest in right now. When Ethereum conducted an ICO in 2014, it sold its ETH token for just over $0.30.

Considering that Ethereum hit an all-time high of almost $5,000 in late 2021, this translates into gains of over 1.6 million percent. Although the probability of Ethereum achieving similar gains again is unlikely, the upside potential of this digital currency is still arguably very high.

In the sh0rt-to-medium term, Ethereum appears to have found a. base at the $1,500 level. This means that if and when Ethereum regains its prior all-time high, this would offer an upside of approximately 230%. With that said, there is a lot to like about the future prospects of this project.

First and foremost, it is important to remember that there are now thousands of ERC-20 tokens. These are crypto tokens that have been built on top of the Ethereum framework. This shows that Ethereum is often the go-to blockchain for newly launched tokens. Notable examples of successful ERC-20 tokens in this space include Shiba Inu, Decentraland, and the Uniswap.

Moreover, Ethereum will eventually upgrade to a proof-of-stake consensus mechanism. This will reportedly reduce transaction fees by a considerable amount and subsequently make Ethereum even more attractive for new projects. The proof-of-stake upgrade will also make Ethereum more scalable, with a target throughput of 100,000 transactions per second.

Read More: Learn how to buy Ethereum from $10 with a regulated, low-fee broker

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

5. Decentraland – Real Estate Metaverse With Vast Virtual Worlds

Many market commentators argue that Decentraland could become one of the most profitable cryptocurrencies to buy right now. In particular, this will suit investors that are in the market for the best metaverse crypto coins. For those unaware, Decentraland has built a vast virtual world that offers a real glimpse into the potentialities of the metaverse.

Upon registering an account and creating an avatar, users can explore Decentraland and engage with immersive experiences. In addition to socializing with other users, Decentraland hosts everything from virtual concerts and casinos to NFT games. The reason that this is possible is that land within the Decentraland metaverse can be purchased.

Then, the user can do whatever they see fit with the land, such as build a hotel or create a poker hall. Each plot of land within Decentraland is represented by a unique NFT, which proves ownership on the Ethereum blockchain. Each NFT can be stored in a crypto wallet or even traded at an online marketplace.

decentraland price

Those that do not wish to buy virtual plots of land can still invest in Decentraland via its native token – MANA. This token is perhaps one of the most profitable cryptocurrencies to buy considering the discount on offer. After all, as of writing, MANA is trading at a price 85% less than the prior all-time high it achieved in late 2021.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

6. Cosmos – Growing Crypto Project Making Blockchain Interoperability a Reality 

The next project to consider on our list of the most profitable cryptocurrency to buy is Cosmos. In a nutshell, Cosmos was created in 2019 to offer a solution for blockchain interoperability. The main idea is that interoperability enables two or more blockchain protocols to communicate with one another, even if the underlying network utilizes different coding and consensus mechanisms.

For instance, while Solana and Ethereum are independent blockchains, Cosmos will enable the two to share data without needing to utilize third-party ledgers. As such, Cosmos is looking to build the ‘internet of blockchains’ – something that many from within this industry could sit at the heart of Web 3.0.

To gain exposure to the Cosmos project can be achieved by investing in ATOM tokens. ATOM trades at a variety of online exchanges and as per its discounted price, could be one of the most profitable cryptocurrencies to trade right now. As of writing, ATOM is trading over 75% lower than its prior all-time high.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

7. Bitcoin – Most Profitable Cryptocurrency of All Time

Not only is Bitcoin the first digital asset to enter this space, but it is also the most profitable cryptocurrency of all time. When Bitcoin was launched in 2009, the concept of blockchain technology was known by very few people. As such, it was possible to obtain Bitcoin simply by connecting a basic GPU to a desktop device.

Therefore, it took several years for Bitcoin to even trade at $1 per token. Fast forward to late 2021 and Bitcoin surpassed a value of $68,000. This means that in just over a decade, the value of Bitcoin increased by many millions of percentage points. Since hitting its prior all-time high, Bitcoin has dropped to lows of just over $19,000.

Those buying Bitcoin at this pricing level will arguably do well to HODL long-term. In the medium-term, should Bitcoin once again surpass $68,000, this would offer an upside of nearly 260%. With that said, many market commentators still argue in the coming years, Bitcoin will exceed a value of $100,000 and perhaps never look back.

All in all, the growth potential of altcoins remains to be seen. But, Bitcoin is viewed as the de-facto cryptocurrency in this space, with hallmarks of a store of value like gold.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

8. Dogecoin – Meme Coin With a Huge Online Following

In order for a cryptocurrency to become profitable for investors, it often needs to generate significant hype. After all, the cryptocurrency space is now oversaturated, with more than 20,000 tokens in circulation as per CoinMarketCap. With this in mind, Dogecoin is perhaps a cryptocurrency to keep an eye on considering its huge online following.

Dogecoin was launched way back in 2013, which makes it one of the most established tokens in this market. Back then, CoinMarketCap notes that Dogecoin was trading at just $0.0002 per token. The project came to life in early 2021, when Tesla CEO Elon Musk endorsed Dogecoin through a series of Tweets.

dogecoin price

This resulted in Dogecoin going on an unprecedented run, with the token peaking at $0.74 later in 2021. This means that when compared to its 2013 price, Dogecoin increased in value by nearly 370,000%. Interestingly, although Tesla recently sold 75% of its Bitcoin holdings to raise capital, it did not sell any of its Dogecoin.

As of writing, Dogecoin is trading at a discount of over 90%, when compared to its high of $0.74. As a result, those looking to jump on the Dogecoin hype-waggon can do so at a highly attractive entry price.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

9. Shiba Inu – Gains of Several Million Percent Since Launching in 2020

Shiba Inu is another option to consider on our list of the most profitable cryptocurrency to trade. This is one of the newest projects that we will discuss today, with Shiba Inu launching as recently as August 2020. Although Shiba Inu was designed with the simple purpose of becoming the largest meme coin in this space, the token has generated significant gains.

Not only in terms of its token value but Shiba Inu is recognized by the masses. It is for this reason that Shiba Inu is listed by virtually all tier-one exchanges and even SEC-regulated brokers like eToro, Webull, and Robinhood. According to CoinMarketCap, Shiba Inu was initially trading at $0.0000000005 per token back in 2020.

shiba inu price prediction

In late 2021 – just 15 months after launching, Shiba Inu hit highs of over $0.00008. This amounts to end-to-end gains of over 15 million percent. In a similar nature to most of the cryptocurrencies that we have explored so far, Shiba Inu has since seen its value retreat as per the bear market. As of writing, Shiba Inu can be purchased at a discount of 85% compared to its prior all-time high.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

10. DeFi Coin – Decentralized Ecosystem With Token Swaps and Yield Services

The final option to consider on our list of the most profitable cryptocurrency to buy is DeFi Coin. Founded in 2021, DeFi is looking to become the global hub of all things decentralized finance. The team of developers behind the project are taking a slow and steady approach to ensure that its platform is watertight in all departments.

With that said, the DeFi Swap exchange is in the final stages of its development. Hence, now could be a great time to gain exposure to the project’s native token – DeFi Coin. The DeFi Swap exchange is decentralized, so users can buy and sell tokens without a third party.

This also means that there is no requirement to open an account to use DeFi Swap and all transactions are conducted anonymously. Moreover, DeFi Swap utilizes smart contracts to ensure that token swaps are executed autonomously. When the DeFi Swap exchange officially launches, it will support token swaps on the Binance Smart Chain.

defi coin price

As per the project’s roadmap, DeFi Swap will eventually support cross-chain exchanges. This simply means that, for example, a user will be able to swap a token hosted on the Binance Smart Chain token with a digital asset backed by the Ethereum blockchain. DeFi Swap is also offering users the option to generate a yield on their tokens.

This includes staking, which requires the user to lock their tokens into a smart contract for 30, 90, 180, or 365 days. The longer the lock-up period, the higher APY offered by DeFi Swap. The exchange will also offer yield farming tools, which will provide users with an attractive APY and DeFi Swap with liquidity.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

How We Choose the Most Profitable Cryptocurrencies

While most cryptocurrencies have witnessed a major pricing correction since the bear market began, knowing which projects to invest in is still a challenging undertaking.

To help clear the mist, below we explain how we personally choose the most profitable cryptocurrency to trade.

Project Concept and Roadmap

The most important step to take when searching for the most profitable cryptocurrency is the concept of the project, alongside its roadmap targets.

  • For example, when Bitcoin was created in 2009, it become the world’s first decentralized payment system based on blockchain technology.
  • Since then, millions of people around the world have performed at least one Bitcoin transaction, and the digital asset has even surpassed a market capitalization of $1 trillion.

The overarching concept of Battle Infinity is also clear to see, with the project building a decentralized ecosystem that incorporated NFT games, the metaverse, and crypto rewards.

In addition to exploring the concept of the project when searching for the most profitable cryptocurrencies, it is also wise to research the roadmap.

This will enable the investor to assess whether the project is on course to meet the targets that it set out in its original whitepaper.

Focus on Solid Projects With a Huge Discounted Price

One of the most effective ways to find profitable cryptocurrencies is to look for solid projects that have witnessed a huge decline in valuation as per the bear market.

For example, Ethereum was trading at nearly $5,000 before the bear market came to fruition. While prices have recovered slightly, Ethereum hit lows of just under $1,000 in the first half of 2022.

Therefore, those buying Ethereum at this price could be looking at a medium-term upside of approximately 400%, should the token regain its prior highs.

Number of Token Holders

An effective way to find the most profitable cryptocurrency to invest in is to assess how many holders the token has. This simply means the number of individual wallets that hold the token in question.

For example, we recently mentioned that Shiba Inu has a huge online following, which is supported by more than 1 million individual token holders. And, the larger the community a project has, the more exposure it can generate to the masses.

Crucially, if a cryptocurrency has a large market capitalization but only a small number of holders, this could mean that the majority of tokens are either held by the team or a group of whales. These projects should be avoided.

Previous Bear Markets

Many of the most profitable cryptocurrencies that we have discussed today are yet to experience a bear market. However, established projects like Bitcoin, Dogecoin, and Ethereum have gone through several bear markets to date.

Each of the aforementioned projects has since recovered its bear market losses and gone on to generate new all-time highs. Therefore, there is every chance they will do the same again once the market recovers.

Best Time to Buy Cryptos for the Highest Profit

In addition to finding the most profitable cryptocurrency to buy, investors will also need to consider the best time to make a purchase.

After all, timing the market well, this offers the best opportunity possible to gain exposure to quality cryptocurrencies at a discount.

Here’s what to consider when assessing the best time to buy cryptocurrency for the highest profit:

Presales

Make no mistake about it – one of the most effective ways to buy a cryptocurrency for maximum gains is to purchase the token during its presale.

For those unaware, presales enable newly launched cryptocurrency projects to raise capital from investors. And, in return for offering capital while the project is still young, presale prices are often highly favorable.

For instance, as we noted earlier, the Ethereum fundraising campaign in 2014 priced ETH at just $0.30 for early investors.

While the Ethereum ICO is long gone, two of the best crypto presales that we identified are Battle Infinity and Tamadoge – both of which are offering their native token at preferential prices.

We explain how to invest in a crypto presale further down in this guide.

Enter the Market as Early as Possible if the Presale was Missed

Presales will often come and go in a flash. The reason for this is that presales are limited in the number of tokens that can be sold. Once this hard cap has been missed, investors will either need to wait for the main ICO or an exchange listing.

As a prime example, the Battle Infinity presale sold out its hard cap in just 24 days – so buyers then needed to buy at ICO – in the case of IBAT, an IDO (initial DEX offering) on PancakeSwap on August 17th.

Tamadoge is also seeing similarly high levels of interest in its presale campaign.

Nonetheless, the key takeaway here is that those missing out on a presale can still enter a favorable position by purchasing the token early. After all, if the presale does well, then there is every chance that the value of the token will increase once it hits a public exchange.

Lucky Block, for example, went from a presale price of $0.00015 to over $0.009 upon listing on Pancakeswap in the space of a few weeks.

Bear Market

One of the best times to buy cryptocurrencies for the highest possible gains is during an extended bear market.

  • As we have discussed throughout this page, some of the most profitable cryptocurrencies to buy have witnessed a bear market correction of at least 70%.
  • Some projects, like Shiba Inu and Decentraland, have since traded at a discount of 85% when compared to their prior all-time highs.
  • Crucially, even the most solid of projects with strong fundamentals have seen the value of their token collapse by a considerable amount.
  • This is of no specific fault to the individual project. Rather, bear markets – just like in the stock trading industry, being virtually all cryptocurrency tokens down.

From an investment perspective, this offers a great opportunity to build a portfolio of high-grade crypto tokens at an attractive entry price.

Market Corrections

Market corrections are different from bear cycles, insofar that they are more short-lived.

A market correction typically happens when a cryptocurrency has witnessed a prolonged upward swing, and investors are looking to cash out their gains. But, as the dip is only temporary, oftentimes the cryptocurrency will then continue its bullish trajectory.

bitcoin market correction 2021

For example, in September 2021, after enjoying a prolonged bull trend, Bitcoin went from $51,000 to $41,000 in the space of a few weeks. This represents a market correction of nearly 20%.

However, after the correction was confirmed, Bitcoin then went from $41,000 to generating new all-time highs of over $68,000. This means that those entering the market during the correction would have been looking at gains of over 65%.

How to Trade Cryptocurrency for Profit

As noted above, one of the most effective ways to trade cryptocurrency for maximum gains is to enter a presale campaign.

Below, we explain how to enter our top pick for a potentially profitable cryptocurrency presale that is active now – Tamadoge.

Step 1: Get MetaMask

The Tamadoge presale also requires a wallet before an investment can be made. As noted above, MetaMask is arguably the best option, but WalletConnect is supported by the presale campaign too.

Take note, while Battle Infinity is hosted on the Binance Smart Chain, Tamadoge has been built on top of the Ethereum network. As such, make sure that the chosen wallet supports ERC-20 tokens.

Step 2: Get ETH or USDT and Transfer to MetaMask

The Battle Infinity presale accepts payment in both ETH and USDT. As such, add a suitable number of tokens to MetaMask from an exchange, or buy ETH directly on the Tamadoge website via fiat gateway Transak.

The minimum presale investment is around $25, plus blockchain network (gas) fees. MetaMask connects to Ethereum by default, so there is no need to add the network to MetaMask.

Step 3: Connect MetaMask to Tamadoge Presale

Next, visit the Tamadoge website and click on the ‘Buy’ button at the top of the page.

presale.battleinfinity.io/

Then, click on ‘Connect Wallet’ beneath the presale timer. Choose MetaMask and confirm the connection.

Step 4: Invest in Tamadoge Presale

After connecting MetaMask to the presale dashboard, the investor can proceed to enter the number of ETH or USDT tokens to swap for Tamadoge.

buy tamadoge coin

Confirm the token swap to complete the presale investment.

Conclusion

This guide has reviewed and ranked the 10 most profitable cryptocurrencies to invest in right now.

We have considered cryptocurrency projects with solid fundamentals and a cost price that seems too good to turn down – as per the current bear market.

Overall, we like the look of two cryptocurrency projects in particular – Battle Infinity and Tamadoge, both of which are offering their token in a presale campaign.

The links below offer detailed information about each presale, so that our readers can make an informed decision.

Tamadoge - The Play to Earn Dogecoin

Our Rating

Tamadoge
  • '10x - 50x Potential' - CNBC Report
  • Deflationary, Low Supply - 2 Billion
  • Listed on OKX
  • Move to Earn, Metaverse Integration on Roadmap
  • NFT Doge Pets - Potential for Mass Adoption
Tamadoge

Battle Infinity - New Metaverse Game

Our Rating

Battle Infinity
  • Listed on PancakeSwap and LBank - battleinfinity.io
  • Fantasy Sports Themed Games
  • Play to Earn Utility - IBAT Rewards Token
  • Powered By Unreal Engine
  • Solid Proof Audited, CoinSniper Verified
Battle Infinity

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Disclaimer

It is vital to always invest responsibly in awareness of all risks involved. Markets can be extremely volatile, so you should conduct extensive research before investing. Our site provides regular updates and diligently verifies all platforms it recommends, but you should form your own opinion and invest only what you can afford to lose. There is never any guarantee of a return on investment.