The crypto market appears to have resumed its bear run. Despite the bear market, several assets have shown impressive prospects thus far and could be looking to push even higher. Investors who discover the top crypto to buy this week could be in for maximum gains.
This article explores some digital assets that could be ready for massive surges in the coming weeks.
1. Battle Infinity (IBAT)
The top crypto to buy this week is Battle Infinity’s IBAT token. The crypto asset presents an opportunity for investors to gain from the current gaming and metaverse frenzy.
Battle Infinity, a fantasy sports game, combines blockchain, non-fungible tokens (NFTS), and the metaverse. Its primary offering is the IBAT Premier League: the major fantasy league. In this league, participants can own NFTs that represent real-life athletes. Their NFTs are used to build teams, and points are given based on the performances of these athletes. At the conclusion of the season, the team with the most points wins.
There are several reasons to buy Battle Infinity. The IBAT token is currently available on presale at $0.0015. Interested investors can purchase IBAT with a minimum investment of 0.1 BNB and a maximum of 500 BNB. Fantasy sports is expected to be a $50 billion industry by 2027, and Battle Infinity’s home base, India, puts the platform in a good position to grow.
CoinSniper has vetted IBAT to ensure its legitimacy. So investors can confidently purchase the asset on the presale website.
2. Lucky Block (LBLOCK)
Next on our list of the top crypto to buy this week is LBLOCK. The digital asset, which powers the Lucky Block ecosystem, has been a favourite for many investors in the past few months.
LBLOCK currently trades at $0.001057, down by 0.98% in the past 24 hours.
Although it began as a jackpot prize draw platform, Lucky Block has quickly evolved into an NFT competition platform. In June, Lucky Block organised competitions for holders of its Platinum Rollers Club NFTs, which launched in February. All competitions will have associated NFT collections, with higher odds placed on more valuable prizes to be won – including PlayStation consoles and even luxury cars.
The Lucky Block NFTs are available on NFT Launchpad, although the platform’s developers are also working on making it possible for interested buyers to purchase them with fiat currency. At the same time, Lucky Block is looking to build a database where they will centralise NFT information, so players can buy them without incurring any gas fees.
At the end of the NFT competitions, holders will also be able to send their tokens to any secondary marketplace they wish to utilise to trade or sell their NFTs.
3. DeFi Coin (DEFC)
DEFC is another top crypto to buy this week. The crypto asset is one of the most exciting coins in the decentralised finance (DeFi) space. As DeFi looks to return to its upward trajectory, DEFC could be a great pickup for value-seeking investors.
Trading at $0.0942, DEFC has been up by 0.36% in the past 24 hours. It is one of the few DeFi assets trading up in the past day.
Investors looking for a stable asset with solid economics can buy DeFi Coin, the native token of DeFi Swap. The decentralised exchange takes a 10% fee whenever DEFC is sold. This token structure incentivises selling and is designed to reduce the asset’s supply in the long run.
DEFC can also be staked on the DeFi Swap exchange, providing low-risk gains for passive investors.
4. Polygon (MATIC)
Another asset that has impressed investors is Polygon’s MATIC token. With massive gains in the past few weeks and the potential for even more, investors are excited about MATIC.
Polygon, created primarily for Ethereum, is one of the most popular layer-two protocols. The platform allows decentralised application (dApp) developers to bypass the blockchain’s scalability issues while using its resources.
MATIC currently trades at $0.8305. The asset has been down by 3.35% in the past 24 hours.
We believe investors can buy Polygon now. The network is growing in adoption. It was recently selected to join Disney’s Accelerator program. Polygon will be helping the entertainment giant to incorporate NFTs and artificial intelligence into its offerings.
5. Dogecoin (DOGE)
Our final recommended top crypto to buy this week is DOGE. The leading meme coin is known for sporadic price gains and a community-driven development approach. The digital asset has been on a recent price burst that impressed investors.
Trading at $0.00654, DOGE is down by 3.76% in the past day – in line with the broader market’s moves.
Since it is a large-cap coin, investors can buy Dogecoin to enjoy gains when the market flips bullish. Also, the asset’s increased utility marks additional prospects for it. Last week, the Dogecoin Foundation released Dogecoin Core 1.14.6 – an update that they claim will improve the asset’s security and efficiency.
Upgrades!
— Elon Musk (@elonmusk) July 21, 2022
Additionally, Dogecoin was recently accepted as a payment method at The Boring Company’s loop in Las Vegas. As the asset’s utility for payments continues to grow, we expect to see more adoption – and a surge in price.
Related News
Battle Infinity – New Crypto Presale
- Presale Until October 2022 – 16500 BNB Hard Cap
- First Fantasy Sports Metaverse Game
- Play to Earn Utility – IBAT Token
- Powered By Unreal Engine
- CoinSniper Verified, Solid Proof Audited
- Roadmap & Whitepaper at battleinfinity.io
Source: https://insidebitcoins.com/news/5-top-crypto-to-buy-this-week-july-2022-week-4