If you’ve been keeping tabs on the crypto market, you probably know that we are in the middle of the crypto winter with no time to make hasty decisions. Rather your focus should be on potential winners, which can occasionally be found in the emerging crypto category.
Experts say the market is expected to increase to over a trillion by the end of 2022. Given that the buyer’s sentiment drives the value of cryptocurrencies, it only makes sense that investors would want to locate the best trending coins currently accessible.
Investing in the crypto market in recent months has been a dicey move, considering the crypto market has been on a rollercoaster ride. Even top coins like Bitcoin, Ethereum, Dogecoin, and Shiba Inu have all lost over 50% of their value since January 2022. Hence, now may be the perfect moment to re-evaluate your cryptocurrency investments and purchase coins that have done well or will perform well by the end of 2022.
This article takes you through the current value of trending coins like Wonderland, IMPT, and TAMA. We’ll also analyze which projects provide the greatest value to investors. Let’s get started!
Top Trending Coins: Best Crypto to Buy Now
Several events (both negative and positive) have driven some crypto coins to make headlines. To stay on the safe side in the crypto market, you must be aware of the events surrounding these trending coins. This article analyzes six trending coins
- Tamadoge (TAMA)
- Shiba Inu
- Luna Classic (LUNC)
- Dogecoin (DOGE)
Wonderland claims its value is not pegged to any currency, commodity, or financial instrument. Because the native Wonderland TIME token has a treasury used to back up each token’s value, TIME has a base value it cannot fall past. Its creators believe the independency of Wonderland is a standing advantage over fiat currencies. In addition, the Wonderland crypto ecosystem employs game-theoretic mechanics and economic incentives through TIME token staking and asset minting.
Daniele Sestagalli, a crypto expert, founded TIME, which was launched in September 2021. TIME reached an all-time high of $13,000 after two weeks of Wonderland release. And as of last month, it was trading at a range of $40-$60 per token.
At first, Wonderland declined alongside other cryptocurrencies, Bitcoin and Ethereum inclusive. But things started to fall apart when it was revealed that it had ties to the infamous Ponzi scheme, now defunct Canadian exchange QuadrigaCX. Also, Michael Patryn, Wonderland’s treasury manager, was revealed to be an ex-convict and co-founder of the Quadriga Ponzi scheme, which resulted in over 136 million dollars stolen from investors.
With this information in the media, the Wonderland community began to lose faith in the project they had once placed so much hope on. It is difficult to predict what’s next for Wonderland, but the future does not look bright.
IMPT is an eco-friendly crypto that recently broke into the altcoin market. It aims at assisting businesses and individuals in reducing their carbon footprint by tokenizing carbon credits. Imagine being rewarded for trying to save your planet; well, it’s possible with IMPT! When you join Impt.io, you will be rewarded for reducing your carbon footprint.
IMPT has surprisingly grown past many older projects after completing a successful presale. The project has caught the attention of investors with its massive and successful presale. Besides a good ROI, investors see IMPT as an avenue to take part in preserving the planet.
With IMPT, users can purchase NFT-based carbon credits that, when redeemed, will equal 1 ton of carbon offset. Over 10,000 different retailers offer carbon credit purchases or rewards programs. As stated in the IMPT whitepaper, the organization intends to launch a social media platform where people can display their environmental impact through IMPT points.
In addition, when shopping from the in-store available, all IMPT platform participants can purchase carbon credits (tokenized). Users can easily trace and monitor carbon credits because they are displayed as NFTs in decentralized ledgers for transparency purposes.
If you are searching for an environmentally friendly crypto project with long-term benefits, then IMPT is all you’ve been waiting for.
Tamadoge was recently listed on MEXC, and with the success of its OKX listing, you shouldn’t miss out on this lucrative opportunity. TAMA’s current price on the coinmarketcap is $0.09585. The coin has been up 30,39% compared to the previous 24 hours.
TAMA raised $19 million during its presale, increasing the price by over 700%. This moved the coin value from $0.01 to the current level of $0.08 before a price correction saw it drop down to a still respectable $0.03.
With its current listing on MEXC, it has the potential to grow the value of the coin rapidly, increasing its demand and price. According to crypto experts, by 2023, TAMA should reach a high value of $0,187.
In the 1st quarter of 2023, TAMA plans to get listed on all major exchanges, which will positively affect the price movement. GenX called TAMA a crypto gem, a rising star of DEX, and one of the hottest coins across popular coins.
Without a doubt, Tamadoge is one of the best tokens to invest in this year. Traders have shown huge interest in the coin due to its ecosystem additions, innovative approach to the metaverse, and P-2-E games.
To demonstrate how powerful this token truly is, all presale token purchasers are now at least 100% up. Click the link below to get your hands on the coin and be among the winners.
Shiba Inu (SHIB) is a well-known meme coin. The coin rose to prominence alongside Dogecoin in 2021 and has since remained firmly in the public eye. The network crossed another goal off its list yesterday. It marked the occasion as “Download Day” to honor the release of the Shiba Inu trading card game. This card game is titled Shiba Eternity.
Since Shiba’s release, the team has developed a wide range of use cases and added new features to the Shiba Inu ecosystem. By investing SHIB in the project, investors can cast a vote and earn rewards.
Luna Classic (LUNC)
After the failure of Do Kwon’s Terra Luna and the UST stablecoin, Luna Classic (LUNC) was developed. At first, Luna Classic (LUNC) faced a couple of challenges. Still, recently LUNC has been making headlines after experiencing a value increase of about 200% since late August this year.
After the original Terra ecosystem, including the TerraUSD (initially UST) algorithmic stablecoin, crashed in May this year, LUNC exhibited incredible resilience. As of press time at 11:48 UTC today, the token had increased by nearly 600%. It is currently trading at $0.00029 since hitting a low of $0.00004 in early June.
The initial LUNA token traded as high as $120 before the crash. But despite the significant crash, LUNC, which is currently ranked number 31 on CoinMarketCap’s ranking, has maintained its position among the top 50 tokens by market capitalization.
Investors rate Dogecoin as average risk. The scoring system examines the amount of money needed to change the price over the previous 24 hours.
The extremely well-liked dog coin known as Dogecoin (DOGE) is widely credited with helping to create the current meme coin market. Despite being initially introduced as a joke, the token gained significant traction after Elon Musk tweeted in favor of it.
Although Dogecoin initially had no use, the project has since established itself as a legitimate cryptocurrency for transactions. Dogecoin, the King of meme coins, has frequently been on trend, given that it has no fair competition.
But considering its current volatility, Dogecoin is not a recommended coin for investment, with TamaDoge better a much better option.
The crypto projects we’ve covered have garnered significant crypto market attention. Still, not all of them will succeed spectacularly in the coming months. Following the rating of crypto analysts, this article recommends two outstanding coins; Tamadoge and IMPT. Since its full release, Tamadoge has done remarkably well, and its popularity shows no signs of weakening. IMPT is also a one-of-a-kind product with a large amount of intrinsic value. And its presale shows great prospects.
Investments in these two coins will yield immense profit, as they have been very productive in recent times and hold great promises.