Tech

5 Best Cryptocurrency for Lower Risk Returns June 2022 Week 4

06/24/2022
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The crypto market continues to battle with the bears. Despite a 3.87% increase in the last 24 hours, the crypto market is still far from its all-time high (ATH). However, investors are on the lookout for the best cryptocurrency for lower risk returns. The coins reviewed here are promising crypto gems set for a major breakout.

1. Lucky Block (LBLOCK)

Lucky Block’s token, LBLOCK, is the best cryptocurrency for lower risk returns. The Binance Smart Chain (BSC) network-based protocol aims to tackle critical issues of transparency and fairness in the online gaming space.

LBLOCK Price Chart - best cryptocurrency for lower risk returns

Using Chainlink’s Verifiable Randomness (VRF) service, the protocol ensures that all draw winning numbers are randomly generated and not tampered with. Lucky Block has experienced massive growth, with its social media community crossing the 100k mark in less than six months after its launch.

The incentives attached to Lucky Block are even more appealing. Investors who buy Lucky Block stand a chance to generate income from holding the digital asset. The first source of this income source is Lucky Block’s 30% fee for jackpot winnings. 10% of this sum is redistributed to all token holders. Additionally, a 12% charge is levied on all token sales, with 6% redistributed to LBLOCK holders with respect to the number of tokens they hold.

Lucky Block is currently running its daily draws, where investors stand a chance to win $1 million in LBLOCK tokens. To stand a chance, users can buy $5 worth of Lucky Block as tickets, and those with $500 worth of tokens will be rewarded with a free ticket.

LBLOCK is currently traded on decentralised exchanges (DEXs). However, the BSC protocol is working towards launching on centralised platforms like Binance. The gaming protocol recently announced the successful audit of its platform by SolidProof. This is a step closer to its subsequent listing on centralised platforms.

In regard to price, Lucky Block’s token has posted remarkable growth. The digital asset skyrocketed 4000% from a presale value of $0.00015 to $0.0096 in mid-February. Despite a broader market drop, LBLOCK is on a bullish streak.

At press time, LBLOCK is trading at $0.0010, up 10% in the past month.

2. Polygon (MATIC)

Polygon network offers one of the best cryptocurrency for lower risk returns. The protocol operates as a second layer for the foremost smart contract network, Ethereum. Its duty is to bundle transactions and verify them off-chain. Polygon has risen up the crypto ranks due to its high transaction throughput, low energy demands, and low fees.

DOT Price Chart

With the scaling solution now becoming a prominent player in the Web3 economy, several investors are keen to buy Polygon.

Pushing for more decentralised and private blockchain experiences, the protocol has launched the long-awaited Polygon ID or PIDs. This self-sovereign identity solution allows users to govern their access to their personal information.

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At press time, MATIC is trading at $0.58, down 11.45% in the past month.

3. Binance Coin (BNB)

Although Binance Coin was created to be a discount token, it is one of the most popular coins and one of the best cryptocurrency for lower risk returns. Operational on the world’s largest crypto exchange by trading volume, Binance, BNB powers most of the activities on the trading platform.

BNB Price Chart

Hence, BNB’s market performance is intrinsically tied to its exchange’s overall activities. Binance has remained at the forefront of the crypto markets despite a hard couple of months. The Bitcoin exchange has continued to penetrate new markets and this constant push has seen investors buy Binance Coin.

As characteristic of the exchange, Binance has partnered with five-time Ballon d’Or winner Cristiano Ronaldo for the launch of his own set of digital collectibles or non-fungible tokens (NFTs). The announcement was made in a tweet, pointing out that Binance will work collaboratively with the Portugal legend.

At press time, BNB is experiencing an uptick in its price. The BEP-20 token is trading at $231.8, down 29.36% in the past month.

4. Solana (SOL)

Solana network’s token, SOL, takes the next spot as the best cryptocurrency for lower risk returns. Built to compete with the Ethereum network, Solana is a high-performance censorship-resistant layer-1 network. The blockchain protocol is popular for its high throughput and low fees.

SOL Price Chart

Solana has noted that its core mission is to extend the frontiers and reach of the decentralised finance (DeFi) sub-sector, and it has been principally successful. Its breakout last year saw several investors buy Solana in a bid to tap into the fast-rising crypto star.

Following this regard, the protocol recently launched its Solana Mobile. According to the tweet, Solana Mobile is expected to make it easier for developers to build seamless Web3 experiences using a mobile smartphone. This is a ground-breaking achievement given several hurdles users face with current smart devices.

SOL has profited off the back of the announcement and is trading at $38.2, down 22.85% in the last month.

5. Polkadot (DOT)

Polkadot’s token, DOT, is among the best cryptocurrency for lower risk returns in this season. The protocol is out to enable a heterogeneous blockchain experience whereby users will be able to transfer all forms of data and assets among several connected platforms.

MATIC Price Chart

Polkadot has started its parachain auctions, which allow blockchain protocols to connect to its Relay Chain for security and resources. With such a strong proposition, investors are keen to buy Polkadot and expand their portfolios.

Its native token, DOT, has recently launched on DeepDAO.

At press time, DOT is trading at $8, down 21.49% in the past month.

Read More:

Lucky Block – Our Recommended Crypto of 2022

Lucky Block
  • New Crypto Games Platform
  • Featured in Forbes, Nasdaq.com, Yahoo Finance
  • LBLOCK Token Up 1000%+ From Presale
  • Listed on Pancakeswap, LBank
  • Free Tickets to Jackpot Prize Draws for Holders
  • Passive Income Rewards – Play to Earn Utility
  • 10,000 NFTs Minted in 2022 – Now on NFTLaunchpad.com
  • $1 Million NFT Jackpot in May 2022
  • Worldwide Decentralized Competitions

Lucky Block

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Source: https://insidebitcoins.com/news/5-best-cryptocurrency-for-lower-risk-returns-june-2022-week-4