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September’s third week is off to a rather bearish start. After most coins experienced declines over the weekend, investor confidence has waned, and many think the market may be approaching its lows once more. However, as many people know, market downturns offer ideal chances to find top crypto to buy and profit when their value increases.
This article will consider five top cryptos to buy for returns.
Tamadoge (TAMA)
The top crypto to buy this week is TAMA. The digital asset acts as the main ecosystem token for Tamadoge – a blockchain gaming platform that is now gaining significant attention.
As a self-styled “play-to-earn Dogecoin,” Tamadoge allows players to own digital pets represented by non-fungible tokens (NFTs). These pets can be groomed and grown, with the eventual goal of being battled against other players’ pets. When you win a battle, you get the chance to enjoy several rewards – including the other player’s pet and TAMA tokens.
The platform is also working on a Tamaverse – a metaverse iteration where players would be able to create and mint their own pets and battle them.
The Tamadoge presale has finally been completed. The developers confirmed that they raised a total of $19 million, and holders would be able to start claiming their tokens from September 20.
🚨 Yesterday, Another Major Milestone Was Achieved By The #TAMADOGEARMY!
🔥We Have Now Reached Our Pre Sale Target Of $19 Million!
🔥Exchange & Claiming Information Will Be Announced On The 20th of September At 12 PM BST!
SIGN UP NOW-https://t.co/9VkUooTy9j pic.twitter.com/Jd4utdVLyP
— TAMADOGE (@Tamadogecoin) September 19, 2022
This number is highly impressive, considering TAMA can’t be bought on any centralized exchanges just yet.
Investors can buy Tamadoge right now and enjoy gains when the full platform launches later this year. TAMA is one of the hottest presales in the crypto market right now, and it offers a significant level of upside for anyone looking to buy in.
Battle Infinity (IBAT)
IBAT is next on the top crypto to buy this week. The asset underpins Battle Infinity – a fantasy sports game that brings sports gaming into the metaverse through blockchain technology and NFTs.
The primary offering of Battle Infinity is the IBAT Premier League – a fantasy league where players can purchase NFTs representing their favorite athletes and form teams with them. These NFTs grow based on the performances of these real-life athletes, and teams earn points from weekly games. The team with the highest point tally at the end of a season is declared the winner.
The IBAT presale has concluded, with the game selling all available tokens much sooner than expected. The asset currently trades at $0.002984 – down by 8.53% in the past 24 hours.
Investors looking for passive income can also buy Battle Infinity. Its developers announced last week that IBAT staking should go live on September 24, bringing yet another use case to an asset already seeing growing demand.
We are Super Excited to share with our community about the most awaited moment,
IBAT STAKING which will be live on 24th September at 16:00 UTC pic.twitter.com/HUHidXSjch
— Battle Infinity (@IBATOFFICIAL) September 14, 2022
Cardano (ADA)
ADA is one of the most popular coins in the market. It ranks high on the CoinMarketCap charts, with a market cap firmly in the 11-figure zone.
With a price peg of $0.43, ADA has been down by 10.53% in the past 24 hours. However, investors could easily buy Cardano in anticipation of this week’s blockchain hard fork.
Earlier this month, the Cardano developers confirmed that they would go ahead with the long-awaited Vasil hard fork on September 2. Vasil is expected to improve the Cardano blockchain’s speed while also cutting fees for ADA-based transactions. It could very well be the biggest upgrade to the blockchain since last September’s Alonzo hard fork, which brought smart contracts to Cardano for the first time.
VASIL UPGRADE: DATE CONFIRMED 💪
Following the successful completion & extensive testing of all core components, plus confirmed community readiness, we along with @cardanostiftung can today announce 22nd September for the #Vasil upgrade on the #Cardano mainnet. 🧵$ADA
1/9— Input Output (@InputOutputHK) September 2, 2022
Despite many delays, Vasil appears ready to go. And many investors believe that this could catalyze a jump in the ADA price.
Ripple (XRP)
Another coin that needs no introduction, XRP is the crypto industry’s standard for cross-border payments. The asset focuses on enabling easy and effective asset transfers across countries, allowing users to enjoy high-speed remittances at a fraction of the cost.
At press time, XRP trades at $0.3481. The digital asset is down by 9.56% in the past 24 hours.
Investors might want to buy XRP after initial reports indicate that the long-standing securities fraud legal tussle between its developers, Ripple Labs, and the Securities and Exchange Commission (SEC) could be drawing to a close. Both parties have called for a summary judgment in the U.S. District Court Southern District of New York, indicating that they believe there’s enough evidence to make a ruling without having to go to trial.
With the case has gone on for almost two years now, Ripple and XRP investors would be happy to put it behind them.
Terra Classic (LUNC)
Finally, LUNC rounds out our list of the top crypto to buy this week. The crypto asset, which powers the Terra Classic blockchain, has been in the news for its impressive gains over the past few weeks. And while many of those gains have now been erased, there’s still a lot of momentum to convince investors to buy Terra Classic.
Down by 963% in the past 24 hours, LUNC currently trades at $0.0002764. However, despite the downturn, investors would look forward to implementing this week’s 1.2% tax burn. The tax burn will make LUNC a deflationary asset, reducing its circulating supply and possibly driving the price higher. And with support from exchanges like Binance and KuCoin, this tax burn could be a major event for the market.
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Source: https://insidebitcoins.com/news/5-top-crypto-to-buy-this-week-tama-ibat-ada-xrp-lunc