6 Alternative Cryptos To Consider For The High Roller

Last Updated September 9th 2022
5 Min Read

The crypto market is still relatively young compared to ‘traditional’ asset classes, such as equities and bonds. As such, new and exciting projects are launching regularly, each looking to obtain market share from leading coins like Bitcoin and Ethereum.

As we progress through 2022, many exciting new crypto projects are gaining momentum – which could provide profitable investment opportunities in the process. In this guide, we take an in-depth look at 6 alternative cryptos to consider for the high roller.

Gala 

Gala Games (GALA) is a blockchain-based, play-to-earn gaming platform that enables users to earn their GALA tokens for achieving in-game milestones. They can also create and trade non-fungible tokens in the game or in non-game-based exchanges. 

Players can also create and trade non-fungible tokens (NFTs) in the game or via non-game-based exchanges to earn crypto. The intent is to allow players to become proactive partners with the developers and participate in the profits raised. 

GALA has a game-changing business model, so much so that last year, the platform saw the price of its utility token soar by around 50,829%, surpassing other high-profile metaverse projects. Despite the project’s immense results, it still has room to grow, making it one of the 6 alternative cryptos to consider for the high roller. 

buy Gala

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

Qtum 

Qtum is a potential cryptocurrency that combines Ethereum’s smart contract functionality and Bitcoin’s security. This makes the token highly suitable for adoption by large organizations. It is an open-source blockchain application platform that employs the UTXO (Unspent transaction output) model. The primary goal is to offer simple tools that anyone can use to create decentralized applications while maintaining high-level network security. 

Any high roller investor will definitely consider this alternative crypto as it tackles all the challenges and inefficiencies of Bitcoin and Ethereum. The team behind QTUM realized the limitations of both cryptocurrencies and decided to rework the Qtum model. They made it more robust and interoperable in the interests of all users. It has successfully addressed the core issues of governance and cost-related aspects regarding the Proof-of-Work mechanism. It also focused on the difficulty of connecting smart contracts with real-life applications. 

buy Qtum

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

Flux 

Flux helps developers create Web 3.0 applications and deploy them on different networks at the same time. It can also be used to create decentralized projects. Flux offers an oracle design with an exclusively decentralized infrastructure that lets users access data on- and off-chain. 

According to the project’s website, “Flux provides the critical, high availability infrastructure for the New Internet. Projects and development teams are not forced to rely on the Flux blockchain to utilize FluxOS, so they have access to the necessary infrastructure while maintaining all the unique properties of their own chains. Flux makes up one important piece of a well-balanced distributed computing portfolio focused on the next generation of the Internet.” 

Flux is growing rapidly and still has room for growth, making it one of the 6 alternative cryptos to consider for the high roller.

buy cryptos

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

NuCypher 

Nucypher is a popular project that facilitates end-to-end encrypted data sharing on public blockchains. 

According to Coinmarketcap, “NuCypher allows users to share private data between a number of participants in public consensus networks, using proxy re-encryption (PRE) technology. This decryption technology makes NuCypher much more secure and protected than traditional blockchain projects based on public-key encryption, according to NuCypher.” 

The NU token has the potential for more gains because of the strong fundamentals of the network that make it one of the best utility tokens. The public sector is slowly turning towards blockchain technology, and the NuCypher network is equipped with the technology needed to guarantee privacy in data sent over private networks.

At the current price, NU needs to make a slight gain to test the next resistance level at $0.55. If the current buying pressure continues to build, these levels could be attained in the short term.

buy cryptos

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

Compound 

COMP is the governance token of the Compound Decentralized Finance protocol. DeFi networks aim to convert traditional financial systems to decentralized versions. In this manner, users gain a share in the profits that were once only available to large financial institutions.

Compound is an algorithmic money market protocol built on the Ethereum blockchain. Notably, this network is credited with starting the current DeFi boom. In addition, Compound was the first platform to introduce yield farming to the market in 2020. Yield farming is similar to staking crypto in many ways. 

Compound allows users to secure a passive income. Anyone can earn by lending out their crypto holdings. Thus, users can leverage their holdings without completely relinquishing ownership of their tokens. COMP is the primary governance token of the network. This unique financial instrument allows token holders and delegates to vote on important protocol decisions like new collateral types, borrowing power, and interest rate models. 

buy compound

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

Braintrust 

Finally, last but not least, we have Braintrust. This is a project that acts as the first decentralized talent network that wishes to connect skilled, vetted knowledge workers with the world’s leading companies. Every company in the world seeks to hire capable workers who know how to do their jobs in the most efficient ways.

However, it is not always easy to find the right people for the job, and would-be employees have a hard time reaching out to companies that might work for them. Braintrust aims to help the two groups connect and solve both of their problems at the same time and establish long-term relationships between workers and employers.

This may very well be the fate of job hunting, which is why we believe this project has an excellent future and is one of the 6 alternative cryptos to consider for the high roller.

buy cryptos

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

Read More:

How To Buy Compound (COMP)

Best Altcoins To Buy

Fastest Growing Cryptocurrencies

21 Great Cryptocurrencies To Buy

Best 10 New Cryptocurrencies To Invest In

Best Future Crypto Coins To Buy

Best Long-Term Crypto Investments

Best Beginner Crypto To Invest In

Top 10 Best Penny Cryptocurrency To Buy