Top 5 Tokens Reddit Loves Now
Oct 13, 20225 min read
Did you know that Reddit’s sub-trends and chatter can be your inspiration to invest? People talk and discuss various crypto-related topics, and they have their top tokens to look at. Here are the top 5 we’ve found interesting and quite promising.
1. IMPT – One of the Greenest
IMPT gives users access to different ways to get carbon credits, including buying them on the IMPT marketplace or getting them while shopping. That makes fighting global warming possible for everyone.
It’s one of the best carbon offset programs, so no wonder IMPT attracted investors’ attention. Over 10,000 biggest retailers worldwide have collaborated with IMPT to help customers offset their online shopping carbon footprint. Brands decide how much of the sales margin will be granted to impact initiatives. If the user has enough IMPT tokens to purchase a carbon credit, the selling margin is stored in IMPT tokens in the user’s account.
According to the whitepaper, tokenizing carbon credits allows users to get them as NFTs. Those NFTs are accessible in a decentralized ledger that anyone may follow for transparency and traceability.
Burned NFTs go to a null address when the user retires carbon credits, taking out all of their NFTs from circulation. This transaction is saved on the blockchain, and the NFT becomes unavailable later. IMPT can reduce fraud as its platform participant transactions are logged on a distributed layer. Besides, users earn good rewards when they withdraw their carbon credits.
IMPT is an innovative ecosystem for carbon credits reduction launched with blockchain technology. The first token presale has already begun. The second one will happen in December, with 660 million tokens for sale. The IMPT Telegram group now has around 10k subscribers, so you can join to stay updated.
2. Tamadoge – New but Ready to Skyrocket
Tamadoge is a native multi-utility token of the Tamaverse. The Tamadoge is for users to participate in play-to-earn (P2E) games and compete for rewards with TAMA tokens.
Create, breed, and trade virtual Tamadoge pets. All the pets were minted as NFTs with smart contracts and can be bought at the Tama store. Each pet NFT has unique characteristics, advantages, and weaknesses. Users must develop and grow their pets over time before competing against the community to earn points on the monthly leaderboards.
The winners get TAMA tokens rewards. TAMA is a deflationary asset – 5% of the token is burnt upon spending the coin. 30% of TAMA spent is stored for marketing purposes, and the remaining 65% is used to distribute P2E rewards among players.
There is a total supply of 2 billion tokens, and 50% of all the coins were available on the presale round. On September 18th, 2022, TAMA finished this phase after raising $19 million. Although it was launched in a bear market, the token rose from a launch price of $0.01 to $0.03 to a 3x price increase.
Tamadoge was listed on one of the largest and most reliable exchanges, OKX, on September 27th, 2022. OKX offers TAMA tokens on both marketplaces, CEX and DEX, that allows investors to buy the token wherever they live.
It was listed at $0.03 per token but quickly reached an all-time high (ATH) of $0.16, which is a 433% price increase since the token launch.
3. Battle Infinity (IBAT) – One of the Hypest
Battle Infinity is at the hearing. This play-to-earn (P2E) gaming ecosystem launched a Telegram group which is the key place for community members to discuss the project.
Battle Infinity is a blockchain-gaming platform that combines P2E gaming with NFTs. The ecosystem’s NFTs might be one of the best to buy, as Battle Infinity has a built-in NFT marketplace. The NFTs include in-game items, virtual land, and players from Battle Infinity’s sports game.
The game allows users to create teams and battle others, competing for the best place in the league. While playing, users can earn rewards in $IBAT – Battle Infinity’s native token. You can swap these tokens for other tokens through Battle Swap, the ecosystem’s native token-switching feature.
There are staking and additional P2E features within the ecosystem, meaning users can do everything they need within one platform.
Battle Infinity's presale sold out in whopping 24 days, and the IBAT token jumped right after being listed on crypto exchanges. IBAT's future looks bright enough, with a $40 million market cap and even more upcoming listings announced shortly.
4. Lucky Block (LBLOCK) – Reddit Just Loves It
Lucky Block is a crypto-gaming platform that helps to enter jackpot draws and get prizes.
It’s running on the Binance Smart Chain (BSC), Lucky Block allows users to buy tickets and participate in daily prize draws – with jackpots paid in LBLOCK. According to Coindicators, the Lucky Block subreddit was a high-trending crypto Reddit sub, earning the biggest number of new subscribers daily.
Lucky Block offers some great rewards in the crypto world, such as a $300,000 Lamborghini and $1 million of Bitcoin.
Lucky Block has a native BEP-20 token, LBLOCK. It is used to reward holders of Lucky Block’s NFTs. Holders receive daily rewards based on the amount of NFTs they have. The rewards pool equals 1% of the overall profit from each competition. They also hold weekly competition draws.
They also have an ERC-20 version of the token, LBLOCK V2, running on the Ethereum blockchain. It eliminates the 12% transaction fees of the V1 token.
This project’s future looks promising, with Lucky Block NFTs already making waves in the digital asset sector. The project has plans for metaverse integration and crypto education platforms.
5. DeFi Coin (DEFC) – DeFi Sector’s Best Crypto
DeFi Coin is the DeFi Swap's native token – a decentralized exchange (DEX) running on the Binance Smart Chain.
DeFi Swap empowers users to swap, stake, and earn interest payments with yield farming. As DEFC is tied to the DeFi Swap ecosystem, the coin indeed benefits from the exchange’s growth.
DeFi Coin also has various ownership benefits, such as generating a passive income stream by holding the token. Since there is a 10% tax on buy and sell orders, DEFC holders get regular income payments thanks to sharing the gathered tax. DEFC also has a manual burning mechanism to ensure the coin is deflationary, leading to price increases over the longer term.
Interestingly, the DeFi Coin subreddit has already grown to 5,000 members. DEFC seems likely to have a great future thanks to its ties to the world of DeFi.
Here are 5 tokens that are quite popular among Reddit users. There are even more to explore, but we've decided to narrow the list. The world of new tokens is exciting and bright, and so many are in the crypto world. Almost every token looks unique and promising. Each has its own charisma and can respond to your wants, needs, and demands.
Always DYOR. That's not just a beautiful acronym but a serious thing you must consider for making better decisions.