The worst nightmare for every investor is to be in the middle of the so-called crypto winter. The value of Bitcoin is going under $20,000, and it is losing its value constantly, Ethereum has also suffered a hit, and basically, every coin that the investors were always focused on is going through issues. We are noticing that the bear market is in full power now, which means that there is a noticeable decline caused by the current happenings in the world. Even though we don’t know when the crypto winter will cease, we can say with certainty that not all is lost!
Top 6 Crypto coins to buy this winter
Despite having a difficult situation on the market, there is definitely more to look forward to because we are noticing a huge interest in a few coins that are attracting an enormous number of investors lately. The coins we are talking about are:
- Tamadoge (TAMA)
- Battle Infinity (IBAT)
- Lucky Block (LBLOCK)
- DeFi (DEFC)
- Tether (USDT)
- Bitcoin (BTC)
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We will make sure to include the most essential information about each one of these coins, so you can get a clear idea of how you could get the most out of this situation.
1. Tamadoge (TAMA)
Tamadoge (TAMA) is a true surprise on the market because it is one of the most popular coins on presale at the moment. TAMA is a meme coin, and it is already compared to Dogecoin and Shiba Inu, but as far as we can see, it could easily outperform them soon. Tamadoge managed to raise more than 11 million dollars in a matter of weeks with its interesting concept. There is an ongoing presale right now, and each phase of the presale means that the price will go up, which is especially interesting for the investors who took the plunge and invested early on.
Tamadoge is a play-to-earn platform where the players will be able to buy, nurture and battle other pets. The battles will bring Dogepoints to the owners, and the number of points will determine the place on the leaderboard. One of the reasons for the popularity of Tamadoge is the fact that every pet will be represented by NFTs, which will bring additional gains to the owner if one decides to sell them on the market.
It is one of the fastest-selling coins this year, with the stages of the presale getting finished a lot earlier than expected. Currently, the investors can get 40 TAMA FOR 1 USDT (Tether). The total supply of coins is 2 billion, but only half will be available during the presale. TAMA is a deflationary coin, and that will consequently reflect on the price, which will go up once one portion of the coins gets burned. Some experts believe that the price of TAMA will explode in the near future once it gets listed on the exchanges, and judging by the pace at which the tokens are being sold, there is little time left to buy it at an affordable price. If you wish to jump on this train, here are the steps to do it:
- Step 1 – Set Up a Crypto Wallet: Set up a crypto wallet, such as MetaMask or Trust Wallet, so you can store your Tamadoge tokens after purchase.
- Step 2 – Acquire ETH or USDT: Acquire some ETH or USDT to fund your Tamadoge purchase.
- Step 3 – Connect Wallet to Presale: Head to the Tamadoge website, click ‘Buy’, then click ‘Connect Wallet’ to link your wallet to the presale dashboard.
- Step 4 – Buy Tamadoge: Enter the amount of Tamadoge crypto coins you’d like to purchase (10,000 minimum) and click ‘Convert ETH’.
- Step 5 – Claim Tamadoge Tokens: Once the presale has concluded, you can collect your Tamadoge tokens by clicking the ‘Claim’ button on Tamadoge’s website.
2. Battle Infinity (IBAT)
Once you start looking for the best coin to invest in, Battle Infinity (IBAT) must be on top of your priority list. Battle Infinity is a platform where the players are able to choose the fantasy sport to play but also dive into the Metaverse space and see what it has to offer. Not only that but there is also a range of services and products that will contribute to the overall experience that the players will get a chance to enjoy.
Battle Infinity functions on the play-to-earn principle, which means that you will get to earn while you enjoy your favorite sports and communicate with other players. This platform has enormous potential, and it is recognized as the successor of Decentraland, Axie Infinity, and Sandbox. It is fully checked on CoinSniper and Solid Proof, which only adds to the overall appeal that Battle Infinity has.
All the assets and digital items are fully owned by the players, which means that they can be bought or traded as NFTs on the market, according to the wishes of the player. In addition, there are also prizes that the player can get in the form of IBAT tokens. IBAT has been recently listed on PancakeSwap and soon after on LBank, which has already been reflected in its price. Since it is easily accessible to investors, the prices are going up. All the investors who want to see gains pretty soon will find Battle Infinity very interesting because of its enormous potential making it a perfect choice for investing during the crypto winter.
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3. Lucky Block (LBLOCK)
Lucky Block is a platform that has been attracting lots of attention lately for multiple reasons. The native token of the Lucky Block platform is called LBLOCK, and there are two versions of it: LBLOCK V1 and LBLOCK V2. The first one is built on the Binance Smart chain, while the latter is built on Ethereum. The first version of the token was created with the intention of trading easily on decentralized exchanges.
There has been an announcement that LBLOCK will be listed on Gate.io on September 12th, which will surely impact its price. From the moment LBLOCK appeared on the market until now, its value increased by 7000%, which only adds to the overall interest of the public in these tokens. One of the reasons for the increasing Lucky Block popularity is the Ethereum bridge that will enable investors to easily exchange V1 and V2. The bridge is planned to become available this September, and we are sure that it will attract enormous attention.
There is also the Lucky Block Platinum Rollers Club NFT collection that is especially attractive because of the lucrative prizes that the holders can get, such as Lamborghini, Bitcoin in the amount of $1 million, and many others! What is even better – the holders don’t need to do anything complicated to be eligible for the prizes, the only condition is owning the NFTs. The NFT collections will be minted for every prize. With only 10k NFTs in the collection, the exclusivity is guaranteed, and the fact that the NFT holders can get prizes daily is certainly a good reason why investors have Lucky Block in mind when looking to invest during the crypto winter.
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4. DeFi (DEFC)
In the first quarter of 2022, there were more than $200 million locked in the DeFi (decentralized finance) projects showing just how big of potential this area of the cryptocurrency market has. It surely attracts the attention of all crypto investors because of its enormous potential. The price of the DeFi coin (DEFC) is reflecting a bullish influence in the last couple of weeks. With the current demand, the price of DEFC is showing a high potential for growth. Even though the launch of DEFC was a little bit rocky and followed by delays, it ended up being one of the best coins to invest in in 2022. Being a part of the DeFi Swap ecosystem, it can be used for yield farming, staking, and token swapping.
The investors who own DEFC benefit from its mechanism of static rewards, which means that every time a person sells or buys a DeFi coin, a 10% tax is levied. Half of the collected amounts get distributed to the remaining holders, which creates a steady passive income stream. With the growth of more than 47% in the DeFi sector, investing in DEFC certainly starts making sense, especially because of the affordable price that tends to rise. The prospects for DeFi coin are quite optimistic, and with the mobile version of DeFi Swap that is planned to be released soon, it will surely impact the price of DEFC as well. Having an app that can be accessed no matter the place will be an enormous step toward easier transactions, and it will also direct more attention to the DeFi coin as well.
5. Tether (USDT)
Tether is a stablecoin, and it has been present on the market since July 2014. It was known as the „Real coin“ because it aims to maintain the ratio of 1:1 with the US dollar. It was created with the intention of solving two big issues that the cryptocurrency had, and those are convertibility and volatility. So far, it has managed to retain the parity intended, except for the brief drop to 95 cents in May this year.
In theory, the price of Tether will always remain the same because it is backed by the official currency. This is why Tether managed to go through the turmoil earlier this year without any major losses. Because of its stability, it is a good choice for investing during the crypto winter if you are tired of the risks that come with Bitcoin and Ethereum. However, it is important to say that there is no significant return on investment that you can expect, but rather a store of value because of the previously mentioned parity.
6. Bitcoin
Despite the price drop and the volatility of Bitcoin, some investors simply like to feel the thrill that this coin brings. The first half of the year was extremely rocky for Bitcoin, and the price drop caused significant waves that influenced other coins as well. The price of Bitcoin at the moment is $19,705.78, and there has been a 0.44% drop in the last 24 hours. Some experts believe that Bitcoin will eventually reach $100,000 and perhaps go above $110,000 over the course of five years, which is why so many investors keep investing in it during this price drop and see it as a positive sign that it is time to invest. There have been some signs of stabilization lately, but Bitcoin is still not out of the woods just yet.
Conclusion
Despite having a crypto winter, there is still a lot to look forward to. The coins we have mentioned in our article stand strong on the market and show huge potential for the price increase. Seeing all the signs and investing in a timely manner means that your investment could pay off really soon. Hurry up and make the most of it!
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Source: https://coinpedia.org/press-release/best-crypto-coins-to-have-this-crypto-winter/