Coin prices are up today, continuing the trend of what has been a relatively modest week of gains. As a result, investors will be looking to find the best cryptocurrency to buy for lower risk returns. The goal now should be to buy low and sell high, and several coins are already at attractive buy prices.
This article will examine some of the assets that are great for investors looking for lower-risk gains.
1. Lucky Block (LBLOCK)
LBLOCK is the first coin on our list of the best cryptocurrency to buy for lower risk returns. The crypto asset is the platform token for Lucky Block.
Launched in 2021, Lucky Block operates as a global crypto games platform that allows players access to its ecosystem of games. Users gain this access when they buy Lucky Block. LBLOCK also functions as a speculative investment for traders.
Besides gaming, Lucky Block also offers access to prize pools and NFT giveaways. LBLOCK holders can gain access to the prize pools by purchasing tickets for $1, while a separate NFT giveaway is available to people who purchase Lucky Block’s Platinum Rollers Club NFTs.
Currently, LBLOCK trades at $0.00089. The crypto asset is down by 0.01% in the past week.
We selected LBLOCK as our top coin for low-risk gains because of the current developments in the Lucky Block ecosystem. The platform appears to be gearing up for another prize pool giveaway soon. Lucky Block also recently announced that LBLOCK’s v2 passed audits and is ready for centralised exchange listings.
LBLOCK V2 is the asset’s ERC20 version. The asset is expected later this month with centralised exchange listings coming after. Listing on major exchanges is sure to give LBLOCK another surge season as the coin receives more investor exposure.
2. Solana (SOL)
Next on our list of the best cryptocurrency to buy for lower risk returns is SOL. The crypto asset is the network token for the Solana blockchain.
Solana has grown significantly in the past year, becoming the top contender to the Ethereum chain. The platform’s high-performance functionality is one of its biggest selling points, and that has driven SOL’s price even higher.
SOL currently trades at $37.04, up by 14.03% in the past week.
SOL presents an attractive investment for crypto insiders. The blockchain’s developers recently unveiled the Solana Saga – a mobile device that will offer new Web3 functionalities to users, including the ability to mint their non-fungible tokens (NFTs).
An entry into the mobile market should encourage investors to buy Solana and further bolster the asset’s prospects.
3. Cardano (ADA)
ADA, the token for the Cardano blockchain, has had an impressive rise to the top of the market charts. At the same time, Cardano’s developers continue to build as they look to present the blockchain as a destination for developers.
ADA currently trades at $0.46, an increase of 2.02% in the past 24 hours. The gain is consistent with other large-cap coins.
We believe that this is a good time to buy Cardano. Input Output Hong Kong – the Cardano blockchain’s developers – have successfully deployed the blockchain’s Vasil hard fork on its testnet.
We’re happy to report that today at 20:20 UTC the IOG team has successfully hard forked the #Cardano Testnet. This is an important next step in the journey towards the Vasil upgrade on mainnet. ?
1/10 pic.twitter.com/9F9vzec0pK
— Input Output (@InputOutputHK) July 3, 2022
Vasil was expected last month, but it is now on the Cardano testnet and ready for full deployment. The hard fork has been touted to improve Cardano’s functionality and scalability, making it the most significant upgrade since the Alonzo hard fork that brought smart contracts to Cardano in September 2021.
4. Binance Coin (BNB)
Binance’s BNB token remains the most prominent exchange token. The crypto asset has benefited from Binance’s continued expansion.
With a current price of $236, BNB is down by 0.49% in the past 24 hours.
Binance is expanding significantly into Web3. The exchange recently partnered with TikTok star Khaby Lame and soccer icon Cristiano Ronaldo.
The partnership with the soccer icon is expected to bring millions of soccer fans into the Web3 space, and it will also include a limited-edition collection launch later this year.
5. The Sandbox (SAND)
The final coin on our list of the best cryptocurrency to buy for lower risk returns is SAND. This asset is the native token for The Sandbox – one of the most prominent metaverse platforms in the industry.
The Sandbox launched as a gaming platform, but it has expanded into an all-inclusive metaverse. With The Sandbox, users can enter the metaverse, choose their avatars, and enjoy multiple experiences.
Today, SAND, the platform’s native token, trades at $1.29 – a jump of 2.79% in the past 24 hours.
We believe that investors should buy The Sandbox because the platform remains a major name in the crypto market. The Sandbox is also remaining resolute amid the market downturn. Animoca Brands, the platform’s publisher, reported a sizable $5 billion in crypto and cash reserves last month, showing that they remain highly solvent amid the current market condition.
One of the best ways to invest right now is to find strong assets that will see gains when the market flips bullish. SAND appears to be such a coin.
Read More:
Lucky Block – Our Recommended Crypto of 2022
- 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
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Source: https://insidebitcoins.com/news/5-best-cryptocurrency-to-buy-for-lower-risk-returns-july-2022-week-1