By
Chimamanda U. Martha
April 26th, 2024
The MCADE presale represents a rare opportunity during ongoing conditions to participate in a high-potential crypto project in its earliest stage of investment.
Cold, cold prices during the crypto winter can often be offset by extremely hot crypto investment opportunities. Often, the lower the price goes, the bigger the opportunity for gains, which gives these 6 hot cryptos immense potential for the future.
Without further ado, here are 6 hot crypto tokens to invest in during the crypto winter:
Metacade (MCADE)
Metacade is the number one piping-hot crypto to buy to warm your portfolio up during the crypto winter. It is a new GameFi platform that will support a huge variety of incredible Play2Earn (P2E) games, including some classic arcade-style titles, that are set to be integrated with blockchain technology.
Not only does the Metacade arcade offer casual and competitive gameplay, but the platform will also be home to a vibrant hub designed for Web3 socialites. Metacade will offer a central location to discover the most valuable alpha in blockchain gaming, and connect its users to a variety of additional earning opportunities that go beyond the P2E arcade.
Metacade is community-driven at its core and will incentivize knowledge-sharing within its community by offering MCADE token rewards to content creators. The Create2Earn feature rewards the community for posting game reviews, sharing alpha, and interacting with other members.
As well as this, Metacade will connect its users to paid job opportunities within the world of Web3. These roles can include gig work, freelance contracts, and full-time positions at major Web3 companies from 2024 onwards. Gamers can also test out new titles before they are officially launched and be rewarded with MCADE for the value they provide to game developers.
Why Buy MCADE?
Metacade is a brand-new project that looks set to drive massive progress within the blockchain gaming sector. One key feature is the Metagrants program, which will provide early-stage funding to game developers looking to boost the level of innovation in GameFi.
Metacade is a comprehensive platform that delivers vast benefits to its users and the wider GameFi ecosystem. Considering the project is still so new, it has major upside potential from the current price level. Combined together, these factors make it the number one hot crypto to buy during the crypto winter.
You can participate in the Metacade presale here.
Litecoin (LTC)
Litecoin (LTC) is the second hot crypto to buy in the crypto winter. It is a peer-to-peer cryptocurrency and open-source network inspired by Bitcoin. Litecoin enables near-instant payments to anyone, anywhere in the world, and has a variety of features such as increased speed, lower transaction fees and increased storage capacity when compared with BTC.
Litecoin transactions are confirmed faster than Bitcoin transactions, allowing Litecoin to be accepted more quickly by merchants. Litecoin’s block finality is 2.5 minutes, which is significantly faster than Bitcoin’s 10 minutes. The network’s enhanced capabilities have led to it being described as the silver to Bitcoin’s gold.
Notably, Litecoin employs the use of Scrypt which ensures that Litecoins can’t be mined with ASIC hardware, encouraging the use of regular PCs for Litecoin mining. This makes the network cheaper to run, as miners are not required to support expensive electricity bills to support Litecoin’s infrastructure.
Why Buy LTC?
Litecoin is one of the most reliable blockchain networks in Web3. While it lacks in terms of its ability to support decentralized applications (dApps), it is a highly secure method of processing digital financial transactions.
After reaching its all-time high (ATH) of over $400 during the 2021 bull market, LTC now sits at $83 after prolonged price reductions during the 2022 crypto winter. LTC is one of the market’s hot crypto tokens that could melt away the cold during this crypto winter.
Polkadot (DOT)
The third hot crypto to buy in the crypto winter is Polkadot. Polkadot, often referred to as DOT, is a multichain ecosystem that has been specially designed to provide cross-chain compatibility across blockchains.
Polkadot combines low latencies with high transaction throughput, allowing the network to scale while it supports independent layer 1 blockchains, thanks to the power of its underlying Polkadot protocol. Polkadot allows transactions on different chains to be trustlessly transferred and secured, which solves a key inefficiency in the way blockchains have operated until now.
Blockchains are designed as closed-loop systems, which has caused many security breaches to occur when users bridge cryptocurrency across different networks. Polkadot solves this problem and allows developers to build applications that can be deployed on multiple layer-1 blockchains at the same time.
Why Buy DOT?
Polkadot can help to usher in an interconnected ecosystem of blockchains – or in other words, a true Web3. The Internet of Value is held back by scalability and interoperability problems, and the Polkadot project is an innovative layer 0 solution that can help to solve this.
After reaching an ATH of $55, DOT is now worth less than $5. The token has significant upside potential from this price level, which makes it a hot crypto to buy during the crypto winter.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is another hot crypto to buy in the ongoing crypto winter. It is a meme coin that was inspired by the Shiba Inu dog that aims to overcome Dogecoin as the number one meme coin in the world of Web3.
Shiba Inu was forked from the Ethereum blockchain and works as an ERC-20 token. SHIB coins are distributed through liquidity mining, meaning users can lend their crypto to approved liquidity pools in order to receive Shiba tokens as a reward for securing the network.
One of the key differences between Shiba Inu and Dogecoin is that SHIB can support the development of dApps. This means that an increasing number of use cases can be found for the SHIB token over time, including NFTs, blockchain-based games, and DeFi services.
Why Buy SHIB?
Shiba Inu is planning to release a layer 2 scaling solution for the network called Shibarium. This will improve the overall user experience on the Shiba Inu blockchain, and is expected to attract an increasing number of developers to the ecosystem.
SHIB already has a large and dedicated user base and is the sixteenth-largest cryptocurrency by market capitalization. Over time, the SHIB token could rise substantially from its low price during the crypto winter, which makes it one of the hot cryptos to buy for investors looking to avoid the bear market blues.
Decentraland (MANA)
Decentraland (MANA) is another hot crypto to buy during the crypto winter. It is a virtual reality platform built on the Ethereum blockchain that allows users to build and monetize their own content and applications. To do this, Decentraland offers fully customizable virtual real estate that can be bought and sold with MANA tokens.
The Decentraland world is a constantly expanding virtual area that offers a range of activities and experiences to its users. Players can participate freely, and sometimes earn MANA token rewards for the time they spend interacting with the platform.
With Decentraland, users have complete control over their digital assets. These assets can include 3D scenes, gaming experiences, interactive content, and much more. Decentraland presents an exciting opportunity for developers to construct industry-shifting virtual experiences, which could lead the project to become a hub for creativity and economic activities.
Why Buy MANA?
The metaverse is one of the most sought-after investments in the field of technology. It can connect users together from across the world in a single virtual reality location, and Decentraland offers a unique set of capabilities within the wider metaverse movement.
By giving full control to its users, Decentraland is a booming center of virtual real estate development. The world is home to NFT art galleries, social hubs, and Las Vegas-style gambling, and is expected to continue to grow over the coming years. For this reason, Decentraland is a hot crypto to buy during the crypto winter.
XRP (XRP)
XRP is another hot crypto to buy during the crypto winter. It is a type of cryptocurrency that can be used for a variety of financial transactions and is seen by some as an alternative to traditional currencies. XRP offers near-instant transactions, making it a fast and secure method of processing cross-border payments.
XRP aims to serve traditional financial institutions by improving the efficiency of cross-border payments. Typically, banks and other institutions use expensive and slow technologies to process international transactions, but XRP can perform the same function almost instantly and at an extremely low cost.
XRP is also the native token for the XRP Ledger, which is a decentralized blockchain that is able to support dApps. The XRPL is home to an increasing number of applications that use a variety of digital currencies, ranging from online gambling liquidity providers to DeFi applications.
Why Buy XRP?
XRP has been the subject of an ongoing dispute between Ripple Labs and the Securities and Exchange Commission (SEC). Ripple is the parent company and creator of XRP. The company has been charged by the SEC to determine whether the XRP token is a security, or whether it is a decentralized cryptocurrency.
It is widely thought that XRP will win the battle against the SEC at some point in the future. When this happens, the price of XRP could skyrocket, as it will have a regulatory green light from US authorities. For this reason, it is hot crypto to buy during the crypto winter.
Which Hot Crypto Should You Buy during the Crypto Winter?
The crypto winter can be full of frozen price action, with little to get excited about in the way of gains. However, the MCADE presale represents a rare opportunity during these conditions to participate in a high-potential crypto project in its earliest stage of investment.
The presale sold out during its initial phase in just over 3 weeks, which reflects the widespread demand for the Metacade platform. Without a doubt, MCADE is the number one hot crypto to buy right now, but investors do need to be quick. The price is rising from $0.008 to $0.02 during the crypto winter, which means there is a limited time only to buy MCADE at its very best prices.
Disclaimer: Coinspeaker is not responsible for the trustworthiness of any content or product on this page. Though our goal is to provide you with the most valuable information that we could find, we recommend you conduct the necessary research on your own before taking any decisions related to the products presented in this article. This article can’t be considered as investment advice.