Best crypto to invest in according to WallStreetBets telegram

Reddit’s sub WallStreetBets has become a very popular source for tips about investments, including the crypto market. However, Reddit isn’t the only place where WallStreetBets users congregate. They also have a very active Telegram group where they discuss the latest market shifts. The group is also a source of interesting crypto information.

To help our readers decide where to invest their money, we have spent some time there and come up with the list of the best WallStreetBets Telegram crypto recommendations. Hopefully, you will find something that will pique your interest.

Best crypto to invest in according to WallStreetBets telegram – Overview

1. Tamadoge - A Trending WallStreetBets Telegram Crypto with Huge Potential. 

2. Lucky Block – One of the Best WallStreetBets Telegram Crypto Recommendation.

3. Bitcoin (BTC) – The World’s Oldest Crypto.

4. Dogecoin (DOGE) - Best WallStreetBets Telegram Meme Coin.

5. Ripple (XRP) – Ambitious Crypto Project Popular on WallStreetBets Telegram.

6. Binance Coin (BNB) – Native Token of the Binance Ecosystem.

7. Avalanche (AVAX) – Best WallStreetBets Telegram Ethereum Competitor.

8. Tether (USDT) - Best WallStreetBets Telegram Stablecoin.

9. Polkadot (DOT) – 3rd Generation Crypto with Amazing Potential.

10. Hedera Hashgraph (HBAR) – Globally-governed Platform.

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Tamadoge - A trending Reddit crypto alternative to stocks

Despite not being a conventional stock, Tamadoge (TAMA) is undoubtedly attracting a lot of interest on Reddit and other social media platforms thanks to its intriguing initiative and the value it will provide investors.

Over the past 10 years, cryptocurrencies have beaten the stock market, and this digital asset project has the potential to rank among the most popular ones.

The meme coin Tamadoge is unique among all others because it not only has the potential for enormous gains but also provides long-term value for holders. In addition to the TAMA token, the Tamaverse will also feature mintable NFT Pets that can be obtained through the new play-to-earn game.

Players will take care of, feed, and treat their pets so they can grow and improve before challenging other players to battles to advance up a worldwide leaderboard for the chance to win more rewards.

By Q3 2023, Pets will be in augmented reality, allowing players to take their pets into the real world and look for TAMA tokens and incentives. By 2023, they will be fully 3D.

Tamadoge is holding a large giveaway that is slated to be one of the best cryptocurrency giveaways of 2022 after selling out in presale and going on to the next round of the presale.

A comprehensive tutorial on how to participate in the $100,000 TAMA token airdrop has been created.

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How to buy TAMA?

The presale of this token started on 25th July 2022. It should end on 2nd September, or if all tokens are sold out.

Everyone interested can buy TAMA with ETH or USDT, and there is no minimum amount of money required for the purchase. However, the Tamadoge team advised everyone who wants to buy the tokens to make the purchase of a minimum of $150 worth of ETH or USDT. 

The price is $0.01 for 1 TAMA or $100 for 10,000 TAMA.

Here is a short guide on how to buy TAMA tokens:

• Set up your wallet – Tamadoge uses Metamask or Trust Wallet to store tokens.

• Obtain ETH or USDT – You will be able to buy TAMA with these funds

• Visit the Tamadoge website – This is where the presale happens. 

• Make a purchase – Click on Buy, then click on Connect wallet and connect your wallet.

• Buy Tamadoge – Enter the amount of TAMA coins you want to purchase and click Convert ETH.

• Claim your tokens - Once the presale ends, you can collect your tokens by clicking the Claim button on the website.

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Lucky Block – Overall best WallStreetBets telegram crypto recommendation

Lucky Block is a global NFT competition platform that has attracted a lot of attention on the WallStreetBets Telegram group. LBLOCK is the native token of the platform and serves as a ticket for entry in the main weekly draw. Any holder with at least $500 worth of LBLOCK is eligible for one free ticket that buys an entry to the pool and can claim valuable rewards.

In addition to a weekly main draw, there is also a weekly NFT draw every Friday. The platform launched an NFT collection, called Platinum Rollers Club NFT. Each holder of Lucky Block NFT is eligible for the weekly NFT prize giveaway in perpetuity.

Lucky Block is the fastest-growing crypto in history and the fastest crypto to reach a $1-billion evaluation. The price of LBLOCK has fallen somewhat since then, which is one of the reasons why WallStreetBets users wholeheartedly recommend it.

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Bitcoin (BTC) – The World’s oldest crypto

It is hard imagining a conversation about cryptocurrency anywhere, WallStreetBets Telegram group included, that doesn’t mention Bitcoin. The world’s oldest crypto had major ups and downs in the last year, proving to naysayers that it is more than capable of setting new records.

The market is still recovering from the recent crypto crash, and bitcoin is no exception. For the last month, the bitcoin price has been hovering around $25,000 and many experts agree that it is highly unlikely that it will go lower than that. It goes without saying that on a market volatile as crypto is, no one can guarantee that.

One thing that bitcoin got going for it is its widespread utility. With more than 15,000 vendors worldwide accepting it as a form of payment, it is already well-established as a global currency. With such infrastructure in place, it is easy to see why so many investors are betting that bitcoin will bounce back in the near future.

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Dogecoin (DOGE) - Best WallStreetBets telegram Meme coin

From a parody attempt to a top 20 crypto on a market, Dogecoin has come a long way. Its creators Jack Palmer and Billy Markus wanted to make a satire of Bitcoin’s success and subsequent crypto explosion. They did the job too well, making a coin with no utility and limitless supply one of the most successful cryptos on the market.

Dogecoin attracted a lot of attention on the Internet, including WallStreetBets Telegram. It was quickly dubbed meme coin, the first of its kind, and a strong community grew around the project. The final straw was Elon Musk’s support, who took interest in DOGE in 2020 and helped take it to the moon.

Dogecoin is still reeling from the effects of the crypto crash earlier this year, but its strong and growing community, proven resilience, and unique market position seem enough to keep it afloat and represent a good investment opportunity.

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Ripple (XRP) – Ambitious crypto project popular on WallStreetBets telegram

The success of bitcoin made a lot of people realize the potential of the cryptocurrency idea. Two of them, Jed McCaleb and Chris Larsen, recognized the need for crypto that will serve the business community as a quick and cheap way of moving money across international borders. They called their project Ripple.

Ripple had a fairly anemic growth in 2019 but picked up a lot of steam in the next two years. It firmly established itself as one of the most ambitious and successful crypto projects on the market, a fact that wasn’t lost on the r/WallStreetBets users. It started appearing more and more in their recommendation as a sound crypto investment.

At the moment, Ripple is involved in a lawsuit against the SEC. Accusations are fairly serious, but the current mood is that McCaleb and his attorneys have the situation firmly at hand.

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Binance Coin (BNB) – Native token of the Binance ecosystem

The launch of Binance Coin back in 2017 went fairly unnoticed by many major crypto players. After all, it is a simple utility coin designed to be used solely in the Binance ecosystem, mainly the Binance crypto exchange. However, BNB managed to gain 1,344% in value in 2021, which draw a lot of attention to it.

BNB’s gains clearly outperformed both bitcoin and Ethereum and all of a sudden, investors were flocking to it. According to Binance CEO Changpeng Zhao, a mere $500 investment in BNB in 2027 would make you a millionaire by the end of 2021. This is exactly the story WallStreetBets is nuts about and BNB became one of their favorite tokens almost overnight.

Selling at $322, BNB is at about half of the value it had during its peak in 2021. While some argue that replicating its gains from that period is impossible due to its high price, the fact remains that BNB can still surprise you and make some noise on the market.

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Avalanche (AVAX) – Best WallStreetBets telegram Ethereum competitor

Avalanche is a crypto project designed to rival Ethereum, although it is still far away from doing it. The project uses a novel approach that has a lot of potentials. Its Blochian network uses proof-of-stake and parallel consensus protocol to enact much speedier transactions. Theoretically, the Avalanche network supports 4,500 transactions per second, compared to 15 on Ethereum.

AVAX holders have a say in many platform decisions, including the speed of minting new tokens. The AVAX supply is capped at 720 million coins, but the mining process can be tweaked to subtly increase or decrease the supply.

Avalanche projects address all three major issues blockchain faces, scalability, security, and decentralization. While it is still not in a position to directly challenge Ethereum, it is in an excellent spot to do so in the near future.

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Tether (USDT) - Best WallStreetBets telegram stablecoin

Tether is not the only stablecoin on the market, but it is the most popular one. It was launched in 2014, in an effort to provide some much-needed stability to the crypto market. It is pegged to the US dollar and can always be sold for $1.

WallStreetBets users didn’t really care about USDT, as it doesn’t offer the same possibilities for explosive growth as other cryptocurrencies. However, during the 2022 crypto crash, it started to get mentioned in the WallStreetBets Telegram group as a good place to park capital until the market stabilizes.

Tether also issued several other stablecoins, all pegged to different fiat currencies and commodities, including Tether euro, Tether gold, Tether peso, and Tether yuan. To reassure investors that stablecoins are always backed 100% by the appropriate monetary reserves, Tether issues a quarterly report listing all assets it uses as a backup.

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Polkadot (DOT) – 3rd generation crypto with amazing potential

Polkadot is one of the recent additions to the crypto world. The project was launched in 2020, but it has already established itself as a force on the market, with a market cap of $9.8 billion. The token itself is trading at $8.93, which represents a significant gain over its lifetime.

The Polkadot project aims at connecting various blockchain networks by providing a bridge between them. This isn’t as easy as it sounds, considering how many networks with different protocols are out there. However, it would seem that the Polkadot developers have managed it and many users are already using Polkadot to transfer information across different networks. In turn, this allows developers to build various apps that can utilize such transfers.

DOT is the native token of the Polkadot ecosystem whose value is tied to the growth of the entire Polkadot network, which is why many investors feel that it has a bright future.

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Hedera Hashgraph (HBAR) – Globally-governed platform

Users of WallStreetBets aren’t exactly thrilled with the fact that Hedera Hashgraph is governed by a council of 39 major corporations, including names like IBM, Google, Boeing, Deutsche Telekom, and Ubisoft. They do, however, recognize that HBAR is a great investment and they aren’t ready to miss out on it just because they have ideological concerns.

Hedera Hashgraph is a public distributed ledger network, with HBAR as its native token. Unlike most other public distributed ledger networks, Hedera isn’t built on blockchain. Instead, it uses a directed acyclic graph (DAG) technology. It is a newer protocol aiming at solving several blockchain shortcomings. At the moment, Hedera Hashgraph supports 10,000 transactions per second, making it one of the fastest crypto networks on the market.

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Conclusion

Some of the best WallStreetBets Telegram crypto recommendations may come as a surprise to people who follow only mainstream news. In itself, that isn’t that much of a surprise, as WallStreetBets often have a different perspective on crypto investment. Their other recommendations, like Lucky Block for instance, are on par with what most crypto experts recommend.

 

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This article is sponsored by FINIXIO

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