New Cryptos to Invest In: The Top Five on Our List
Lots of investors are looking for new cryptos to invest in. And the reason is crystal clear… These are the tokens with the best chance of skyrocketing in value. We saw it with SafeMoon earlier this year. Since it showed up on investors’ radar, Solana has had an explosive year as well. Then of course there’s the deflationary token EverGrow, which has quickly gained traction since its launch a couple of months ago.
Of course, there are plenty of new cryptos worth giving a wide berth too as well. We wouldn’t go near the Squid Moon token with a ten-foot poll. We’re not outright saying this one’s a crypto scam. But in light of the last squid-oriented token we saw, it just doesn’t pass the sniff test.
As for the new cryptos that we’re excited about, we could easily put together a list of 20 that seem promising. And that’s just tokens that have come out this year. But to keep things a little more digestible, here are the five new cryptos to invest in that look the most promising.
New Cryptos to Invest In
No. 5: Splash (SPLASH)
We’re starting our list of new cryptos to invest in with the most risqué one. Splash’s fully diluted market cap is around $75 million. That’s tiny compared to most tokens. But that also makes sense considering how new it is. And naturally, it’s trading extremely cheap (around $0.0000005498).
What caught our attention though is Splash is looking to create an 18+ NFT marketplace for creators and collectors. And it’s already gotten a few dozen popular entertainers on board with its program. As for the Splash token, it will be the utility token on the Splash marketplace. It’s what folks will use to buy, sell, trade and stake for additional rewards.
Splash is hoping to become the biggest player in adult content in the cryptoverse. And based on how quickly it’s getting support for the industry, it seems likely Splash could make a big… well… splash for investors. You can check out the Splash Telegram here. And potential investors will need to head to PancakeSwap if they decide to invest in it.
No. 4 Genopets (GENE)
Next up on our list of new cryptos to invest in is another NFT-oriented project. Genopets is a free-to-play NFT game on the Solana network. The goal of the game is to reward those living an active lifestyle. Genopets ties data from players mobile phones to play-to-earn economics. In other words, players earn crypto for being active in real life… while exploring the so-called Genoverse and evolving and battling their Genopets.
If that sounds a little bit like Pokemon, you’ve hit the nail on the head. But it takes it a step further by combining fitness incentives into it. The developer team behind this token has coined the phrase “move-to-earn” to describe it. And that certainly seems fitting. You can read more about this project in its whitepaper. Those looking to invest in it can find it at the FTX, PancakeSwap (V2) and MEXC exchanges. And it’s worth noting that it will be selling 3,333 Genopets on Cyber Monday.
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About Matthew Makowski
Matthew Makowski is a senior research analyst and writer at Investment U. He has been studying and writing about the markets for 20 years. Equally comfortable identifying value stocks as he is discounts in the crypto markets, Matthew began mining Bitcoin in 2011 and has since honed his focus on the cryptocurrency markets as a whole. He is a graduate of Rutgers University and lives in Colorado with his dogs Dorito and Pretzel.
