Reddit is the largest web forum. It is a popular place to discuss investing, especially cryptocurrencies. Global users forecast the prices of their best coins. Many crypto projects have committed followers. Therefore Reddit subs can be a valuable source of information and clues about which cryptos will boom next.
This guide will talk about the best cryptos to buy now on Reddit based on recent trends and what people say about them. We’ll also look at Reddit’s best crypto groups and subreddits and show you how to invest in crypto with low trading fees.
The 10 Best Crypto to Buy Right Now on Reddit
Before buying cryptocurrencies, examine which assets have the most growth potential. Our Reddit research reveals the best cryptocurrencies to buy now.
- Battle Infinity (IBAT) – Overall Best Crypto to Buy Reddit
- Lucky Block (LBLOCK) – Popular Crypto on Reddit with a Huge Potential
- DeFi Coin (DEFC) – Best Crypto to Buy within the DeFi Sector
- Polkadot (DOT) – Exciting Interoperability Protocol with Long-Term Prospects
- Bitcoin (BTC) – Leading Cryptocurrency which is Trading at a Discount
- Algorand (ALGO) – Noted as the Best Cheap Crypto to Buy on Reddit Forum
- Ripple (XRP) – Popular Crypto Project with Huge Backing from Reddit
- Ethereum (ETH) – Well-Known Blockchain Network with Countless Use Cases
- Avalanche (AVAX) – Best Crypto to Buy on Reddit for Scalability
- Shiba Inu (SHIB) – ‘Meme Coin’ with Enormous Community Backing
A Closer Look at the Best Cryptos to Invest in on Reddit
The ten projects listed above are the best crypto to buy on Reddit, owing to their outstanding development teams and significant growth potential. Let’s break down each project so you can make an informed investment:
Battle Infinity (IBAT) – Overall Best Crypto to Buy Reddit
Battle Infinity is the best cryptocurrency you can buy right now on Reddit. Even though Battle Infinity just came out, this play-to-earn (P2E) gaming ecosystem has already started to gain traction on social media, with the recently launched Telegram group being the best place for community members to talk about the project.
Battle Infinity is a blockchain-based platform that combines pay-to-play games and NFTs in a metaverse setting. The NFTs in this ecosystem are reportedly some of the best to buy because they can all be exchanged on Battle Infinity’s built-in NFT market. In-game objects, virtual land, and Battle Infinity fantasy sports stars are among the NFTs.
Users can form teams and compete in leagues to win. The game’s native token, $IBAT, can be earned. You can swap these tokens using Battle Swap, a built-in ecosystem feature.
The ecosystem also has crypto staking and more P2E features, so users can do everything they need to do on just one platform. Regarding its credibility, Battle Infinity is currently KYC-verified on CoinSniper. It has been audited by SolidProof.io, a leading German security firm. With the presale for Battle Infinity coming up soon, now could be a great time to join this exciting project.
|Binance Smart Chain
|Presale Start Date
|11th July 2022
|Presale End Date
|10th October 2022
Lucky Block (LBLOCK) – Popular Crypto on Reddit with Huge Potential
According to Reddit, Lucky Block is another choice for the best cryptocurrency to buy now. Lucky Block is an innovative platform for crypto-gaming that wants to change how people enter jackpot draws and win prizes.
Lucky Block is on Binance Smart Chain (BSC). Users can buy tickets to win daily prizes. Jackpots are in LBLOCK. The Lucky Block subreddit gained the most daily subscribers in Q1 2022, according to Coindicators. Around then, Lucky Block rose 65 times to slightly under a penny.
The Lucky Block BEP-20 token is LBLOCK. The first sale was in January 2022 for $0.00020. In its first few weeks, the token gave four-digit returns. After February’s peak, momentum stopped. LBLOCK is trading at a discount, making it one of the most undervalued cryptocurrencies.
Lucky Block’s first prize draw will be on May 31, 2022, and users can buy tickets the day before. $5 per ticket; however, those who connect their wallets daily get a free entry. The first prize pool is $2 million. Still, owners of Lucky Block’s ‘Platinum Rollers Club’ NFTs will also have the chance to win an additional $1 million.
- Fastest Crypto to hit $1B Market Cap
- 50k investors within the first 90 days
- Free daily jackpot entry for all $LBlock holders
- Play to earn rewards in $LBlock
DeFi Coin (DEFC) – Best Crypto to Buy on Reddit within the DeFi Sector
DeFi Coin is another choice for the best cryptocurrency to invest in on Reddit. It is currently worth between $0.30 and $0.40 on Pancakeswap and Bitmart.
DeFi Coin is the native coin of DeFi Swap, a Binance Smart Chain DEX. DeFi Coin was released in May 2021. However, development delays hampered it. After DeFi Swap’s introduction in early May, DEFC’s price jumped 300 percent in a few hours.
DeFi Swap is a good DeFi exchange since it lets users swap, stake, and gain yield farming interest. DEFC is a critical element of the DeFi Swap ecosystem. Thus its expansion is positive. Prices rose when DeFi Swap was released, indicating that V2 and V3 of the platform will have more bullish momentum.
There are also many benefits to owning DeFi Coin, such as making passive income just by holding the token. Since orders to buy or sell are taxed by 10%, DEFC holders can get regular income payments from their share of the tax. DEFC also has a manual burning feature built in to ensure the coin is deflationary, which will cause prices to rise in the long run.
Why DeFi Coin
- Community Driven
- Automatic LP
- RFI static rewards
- Usage Scenarios
Polkadot (DOT) – Promising Interoperability Protocol with Long-Term Prospects
Polkadot is the most acceptable long-term Reddit cryptocurrency. Polkadot is one of the most significant altcoins for overcoming blockchain technical challenges. Polkadot is a multi-chain network that helps networks share information to flourish.
Importantly, Polkadot still lets each chain’s owner(s) run it as they see fit. This gives them more efficiency while still allowing them to keep their independence. The native token of the Polkadot protocol, DOT, is an integral part of the ecosystem because it is used for voting and staking. Polkadot could have a bright future because more and more developers want to make dApps that are more and more powerful.
Bitcoin (BTC) – Leading Cryptocurrency which is Trading at a Discount
According to CoinMarketCap, Bitcoin is still the most prominent cryptocurrency in the world by market capitalization. Even though the price of BTC has been pretty unstable in recent months, there are still solid reasons to use the coin. Over 15,000 businesses worldwide accept Bitcoin as a way to pay, and there are now about 14,000 Bitcoin ATMs.
These numbers show BTC’s global reach, which will continue to grow. The bitcoin subreddit has 4 million users. Many Redditors note that this is a perfect moment to invest in BTC while trading at a discount.
Algorand (ALGO) – Noted as the Best Cheap Crypto to Buy on Reddit Forum
Algorand is a well-known project whose price soared 1,240 percent in 2021. ALGO is down 86% from its November 2021 highs, yet it still has enormous potential. Many Redditors on leading subreddits believe Algorand is undervalued.
The Algorand network employs a Proof-of-Stake consensus system. Thus all ALGO coin holders earn validation rewards, not just the validators. The Algorand network can handle over 1,000 transactions per second and transaction finality in less than five seconds, giving it a reasonable option for other blockchains.
Ripple (XRP) – Popular Crypto Project with Huge Backing from Reddit
Ripple is the best coin to invest in because it could revolutionize cross-border payments. Ripple is the business behind RippleNet, a decentralized network for low-cost, immediate payments.
In contrast, most banks still use the obsolete SWIFT network, which can delay payments by 3-5 working days. XRP underlies RippleNet, operating as a ‘bridge’ across currencies to allow transactions. Ripple has had a terrible time lately owing to the lawsuit with the SEC. Still, rumors are heating up that the case is going better than expected, causing many Reddit users to say XRP could be ready for a strong comeback.
Ethereum (ETH) – Best Blockchain Network with Countless Use Cases
Ethereum is another choice for the best cryptocurrency to buy right now on Reddit. Because Ethereum has many uses, like smart contracts, dApps, and NFTs, many people buy it. Ethereum, unlike Bitcoin, isn’t used to send money. Instead, it’s focused on giving developers a place to build decentralized programs in many different fields.
Reddit users complain that Ethereum’s hefty GAS fees make trading NFTs difficult. Transaction fees depend on how busy the network is. More active networks cost more. In the Ethereum subreddit, there are often new threads promoting Ethereum 2.0, which will make scaling more accessible and cut fees.
Avalanche (AVAX) – Best Crypto to Buy on Reddit for Scalability
Binance Academy says Avalanche is a platform for intelligent contracts comprising three separate networks: the Exchange Chain, the Contract Chain, and the Platform Chain. Because Avalanche has three chains instead of just one, it can use different chains for different tasks. In turn, this makes scaling much more accessible while keeping speed and decentralization.
Avalanche is a pivotal competitor to Ethereum despite its low popularity. The network’s native token, AVAX, has a vast social media following and a subreddit dedicated to discussing it. AVAX’s price rose 1,400% in the second half of 2021. Therefore it has promise when the crypto market recovers.
Shiba Inu (SHIB) – ‘Meme Coin’ with Enormous Community Backing
Shiba Inu was one of the best meme coins of 2021, using Dogecoin’s success as a model. As you might expect, Shiba Inu quickly gained many fans on social media, which it still has today. This is shown by the fact that there are more than 470,000 people on the r/SHIBArmy subreddit.
In this subreddit, people talk about Shiba Inus in fun and humorously. But many threads are about the basics of the coin and how it can be used. These are the things that will make it successful in the long run. The launch of ShibaSwap, decentralized exchange with token swapping, staking, and even a dedicated NFT marketplace, is one of the most important things to happen to Shiba Inu in recent months.