There are some things in life where a dip is a good thing, but investing is not one of them. If you are looking to make money off cryptocurrency, now is not a good time to jump in on the market — depending on where you turn.
Some of the biggest names in cryptocurrency have been on a significant downward trajectory for the entirety of 2022, and that trend has continued as of late as well. This does not mean you should run for the hills and avoid crypto investments at all costs until the market evens out.
There are still plenty of opportunities to receive impressive returns if you make the right crypto investments. If you’re looking for solid Altcoins to buy in the dip, three of the best choices you can make are Tamadoge (TAMA), Battle Infinity (IBAT) and Lucky Block (LBLOCK). We’ll discuss more below what makes each of these unique Altcoins a sound investment, as well as why you should avoid the crypto “mainstays” that continue to see their value evaporate.
Best Altcoins to Buy in the Dip – Quick Outline
Before we dive into the full details, he’s a quick outline of the best Altcoins to buy in the crypto dip:
- Tamadoge — Taking a new approach to meme coins
- Battle Infinity — Revolutionizing traditional gaming
- Lucky Block – A global NFT competition platform
- Solana — Increasing interest while others continue to dip
- Cardano — The largest platform for smart contracts
- Uniswap — A valuable platform for DeFi
Buy the best altcoin to buy in the dip
Tamadoge — Taking a New Approach to Meme Coins
Meme coins are nothing new, but Tamadoge was created as a way to redefine the market, and it has already succeeded in doing so. This isn’t just conjecture, either. The Beta sale performed significantly well, and the presale is closing fast. There are only about 24 million TAMA left in the presale, as it has raised about $12.6 million in its original $13.25 million goal.
The reason why TAMA is so popular is that it’s combined the mass appeal of meme coins and the NFT marketplace with the Play-to-Earn (P2E) crypto game format. Users will be able to mint, breed and battle their Tamadoge pet on the metaverse, known as the Tamaverse.
Users can take their Doges and build up their value each month, battling it out with other users to see who can climb the leaderboard. Your doge can even play with its friends on the Tamaverse.
This unique approach is changing the entire ecosystem not just for Doges but for P2E as well. It’s a unique concept that has taken hold with many investors who have already jumped into the market.
Battle Infinity — Revolutionizing Gaming
Likewise, Battle Infinity is seeking to revolutionize traditional gaming, making it one of the best Altcoin buys during the dip. IBAT is a gaming platform made up of multiple P2E battle games, all of which are integrated within the metaverse in what’s being called the IBAT Battle Arena.
Users are given direct ownership of the items within the game. They can build their value by accomplishing different feats in the battles, which only increases the value of their NFT. At the same time, since it is a completely decentralized experience, what they earn in the game holds intrinsic value outside of it as well.
People bought into the idea of IBAT very early on. Its presale ended a full 65 days earlier than was originally expected. It’s been listed on Pancakeswap since 17 August 2022 and will soon be available on LBANK as well.
As a fantasy sports game as well, it’s taking on the other two major Indian fantasy sports giants, the Mobile Premier League and Dream11. IBAT, though, is set to build even more value, and will start with the Indian Premier League when it fully launches Phase 7 of its roadmap.
Lucky Block — A Global NFT Competition Platform
What once began as a jackpot prize draw has evolved into a full-blown NFT competitions platform. It’s called Lucky Block, and it’s a unique combination of rewarding users for holding onto and building the value of their NFTs with giving them a chance to win a big jackpot as well.
Owners of LBLOCK will accumulate rewards for as long as they hold the NFT in their wallet. These rewards are paid out from the transaction fee pool. Once the competitions end, owners of the NFT can send their NFTs to any marketplace of their choosing for trading on secondary markets.
In addition to this, once the NFT competition has been fully launched, users can be entered into prize competitions through NFT collections that are minted for each prize.
The top prizes as of 17 August 2022 were quite impressive, too. They include a Lamborghini, a $1 million house, a five-star holiday, a Bored Ape Yacht Club NFT and even $1 million worth of Bitcoin.
These jackpots will eventually evolve so that LBLOCK becomes a decentralized autonomous organization that’s full controlled by its own users. This is what is truly impressive and unique about LBLOCK compared to other crypto, and why it’s among the most suggested Altcoins to purchase during the crypto dip.
Solana — Increasing Interest While Others Continue to Dip
Solana started with ideas of replacing Ethereum in the crypto world as the preferred platform for smart contracts. In the early days, they were able to onboard all of the different technologies that can be found on the Ethereum blockchain. This includes P2E games, meme coins, NFTs on the metaverse, a decentralized exchange and DeFI rod apps.
These are all huge contributing factors to why Solana has been able to sustain a trend that shows their price increasing over time. Even while many coins are crumbling around them, Solana has been able to keep up their pace of increasing in value, which is a very good sign. The community is growing, and the ecosystem keeps expanding with new protocols and programs.
Investors are taking notice in Solana, which is why it is on this list of the best Altcoins to buy during the dip.
Cardano — The Largest Platform for Smart Contracts
When you think of smart contracts, you might immediately think of Ethereum. But, the fact is that Cardano is actually the largest platform for smart contracts in the world. One of the main reasons why it’s such an attractive investment is that it’s typically ranked as the most secure blockchain in all of crypto. That’s because it was the first crypto technology that was peer-researched.
The biggest challenge for Cardano is that it doesn’t have nearly as many features as other crypto blockchains such as Ether, or even Solana. However, it’s still an extremely attractive Altcoin that’s been able to continue increasing its value during the crypto dip.
Many people believe that Cardano will indeed add more features in the near future, and as they do, it should only continue to increase in value. This makes it a great time to buy Cardano.
Uniswap — A valuable Platform for DeFi
Uniswap has gained lots of value in the past, and it’s primed to do so again in the future. Overall, it’s become one of the largest decentralized exchanges in the world, and it’s one of the most popular, too. In fact, it actually ranks #2 on the list of DeFi platforms when it comes to value, as it has $7 billion of value locked in.
Overall, there are about 4 million users on the platform who, together, have executed trades for cryptocurrency that have a collective value in excess of $1 trillion. That’s quite impressive — and the outlook is only even more positive from here.
What’s most re-assuring about the future of Uniswap is the fact that it’s survived some of the biggest crypto market crashes in the past. And whenever it has dipped in value, it’s been able to regain it pretty quickly. This is one of the main reasons why it finds itself on the best Altcoins to buy during the dip.
Uniswap is also very dynamic and innovative. They upgrade quite regularly, adding new features pretty consistently. Investors are even able to earn twice as much if they stake the UNI Altcoins they own to various liquidity pools.
Purchasing Uniswap now could result in some truly impressive returns over the next few months, especially as a lot of other crypto markets are experiencing massive losses during what is being called the crypto dip.
Best Altcoins to Buy in the Dip — The Verdict
The six Altcoins listed above are among some of the best investments to make, even during the crypto dip. While some of the “big boys” of cryptocurrency are having an extremely tough time in 2022 — and have poor predictions for their future value — these six Altcoins are all primed for continued expansion.
How to Buy Tamadoge
To begin, make sure you have a MetaMask wallet installed on your browser, or use one of the wallets supported by Wallet Connect (we recommend Trust Wallet).
Purchasing on a desktop browser will give you a smoother purchasing experience. For this we recommend Metamask.
If you are purchasing on mobile, we recommend using Trust Wallet and connecting through the in-built browser (just copy https://buy.tamadoge.io into the Trust Wallet Browser).
Once you have your preferred wallet provider ready, click “Connect Wallet” and select the appropriate option. For mobile wallet apps you will need to select “Wallet Connect”.
You will then have three optionsBuy ETH With Card. This option will allow you to purchase ETH that will be sent to your wallet by our partner, Transak.
You will then be able to use this ETH to purchase TAMA. Click “Buy Eth With Card” to begin and follow the on screen steps. We recommend purchasing a minimum of $15 worth of ETH to cover the minimum TAMA purchase.Buy TAMA With ETH.
Once you have sufficient ETH in your wallet (if you do not have ETH or USDT, please select option 1 to purchase ETH first), you can now swap your ETH for TAMA. Type in the amount of TAMA you wish to purchase (1,000 minimum) and then click “Convert Eth”.
Your wallet provider will ask you to confirm the transaction and will also show you the cost of gas.Buy TAMA with USDT. Please ensure you have at least $15 of USDT in your wallet before commencing the transaction.
Type in the amount of TAMA you wish to purchase (1,000 minimum). Click “Convert USDT”. You will then be asked to approve the purchase TWICE. The first approval is for the USDT contract and the second is for the transaction amount. Please ensure you go through both approval steps in order to complete the transaction.
Once the presale has concluded, you will be able to claim your TAMA tokens. We will release details closer to the time, however you will need to visit the main site https://tamadoge.io and click on the gold “Claim” button.
Use the contract information below to add the TAMA token to your wallet.
Token symbol: TAMA