5 Cryptocurrency To Buy As Altcoin Season Stirs

Last Updated June 28th 2022
5 Min Read

Consider investing in these top cryptocurrencies that are poised for price rallies in the future.

The cryptocurrency market has enjoyed immense popularity in the last few years. Even though BTC has led the charge of digital assets, it is not the only one with growth potential. Cryptocurrencies other than Bitcoin are known as altcoins, and there is a good number of altcoins with high trading volumes, advanced network architectures, and planned future roadmaps. 

So let us dig deeper into the 5 cryptocurrencies to buy as altcoin season stirs.

 

Uniswap (UNI) 

Uniswap is one of the world's largest decentralized exchanges (DEX) in terms of market capitalization, and UNI is the primary token of the exchange. Uniswap is also the most popular Ethereum dApp out there, and it plays a crucial role in promoting adoption and innovation across the cryptocurrency market.

Any user can swap tokens, add them to a pool, or list them on the exchange. The platform charges no fees for listing tokens. A wide range of Ethereum tokens is available on the platform for trading. It also doesn't require users to register. The principal token UNI is an ERC-20 token compatible with the Ethereum network. 

Currently, users can trade UNI on several other popular exchanges, including Coinbase Pro, making it one of the best 5 cryptocurrencies to buy as altcoin season stirs.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Solana (SOL) 

Solana (SOL) is one of the fastest blockchains out there. Thanks to a third-generation architecture, it can process 50,000 transactions per second. Launched in 2019, it is one of the fastest-growing blockchain-based platforms and has experienced rapid adoption in the decentralized application (dApp) ecosystem. 

Solana was a top performer in 2021. Its growing community of investors is excited to witness how its technology compares to market leaders like Bitcoin and Ethereum. Notably, Solana investments have been gaining momentum despite the market volatility. 

Crypto enthusiasts believe that Solana is Ethereum’s biggest rival. ETH can currently process 14 TPS, whereas SOL can support 50,000 TPS. Although Ethereum is converting from a proof-of-work consensus algorithm to a proof-of-stake to lower gas fees, SOL still has the upper edge on transaction speeds and costs. Therefore, it has our vote as one of the 5 cryptocurrencies to buy as altcoin season stirs. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Binance Coin (BNB) 

BNB Coin is one of the best altcoins because of its price action, history, and the company behind it, as it is the native token of the Binance ecosystem. The Binance ecosystem consists of BNB Chain (formerly BSC) and Binance exchanges, one of the largest crypto marketplaces by trading volume.

The crypto offers holders a discount on trading fees if they trade on the exchange. The exchange has more than 30 million users. BNB is to BNB Chain what ETH is to Ethereum. As the BNB Chain attracts more developers and DApps, the Binance ecosystem will grow. In turn, this will result in BNB’s price rising.

BNB Coin has taken a beating over the past few months. This is true for nearly the whole cryptocurrency market. However, the asset is showing strong signs of resilience as it has maintained a steady support level. This indicates that BNB is one of the top 5 cryptocurrencies to buy as the altcoin season is around the corner.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Tron (TRX)

Founded by Justin Sun, Tron (TRX) has always been one of the most popular cryptocurrencies. While it initially had a particular focus on the Asian markets, it has since exploded to become a global phenomenon due to the continuous marketing efforts of Sun (for better or for worse). 

Towards the end of 2021, Justin Sun decided to leave the protocol and dissolve his company – Tron Foundation. Since then, the protocol's governance has been overseen by its community via a DAO (decentralized autonomous organization).

However, the main reason why TRX is one of the top 5 cryptocurrencies to buy this altcoin season is because of the efficiency of the underlying Tron network in stablecoin settlements. Unlike Ethereum ERC20, TRC20 is fast and cheap. As such, users prefer to spend their USDT and USDC using the TRC20 network to play fewer transaction fees. This has increased Tron's utility by a significant amount.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The Sandbox (SAND) 

The Sandbox (SAND) is a blockchain-based virtual gaming ecosystem. The network enables anyone to create, trade, and monetize digital property called “LAND.” The project combines the popularity of NFTs (non-fungible tokens) with a programmable landscape to create a more immersive gaming experience for users.

The Sandbox provides players with multiple ways to build value and transfer it into other titles or outside the gaming ecosystem. The developers utilized NFT technology to ensure players could keep track of their creations. NFTs are blockchain-based tokens that can represent in-game assets.

The Sandbox is a community-driven project. Users who hold SAND tokens can propose upgrades and more—the more NFTs and SAND tokens you have, the more weight your vote holds. 

Despite all these features, SAND is still priced quite low. So if you are looking for a timely investment in 2022, choose SAND as it is one of the 5 cryptocurrencies to buy as the altcoin season stirs.

buy sandbox

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

In Conclusion

Bitcoin’s legendary growth shows the benefits of investing early. Although the premier crypto is one of the more dependable investments, we also recommend diversifying your portfolio through these altcoins this investment season. 

Read More:

Where To Buy Uniswap (UNI)

Where To Buy Solana (SOL)

The 5 Best Ways To Buy Binance Coin (BNB)

How To Buy TRON (TRX)

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