the market cryptocurrencies are currently experiencing another crash, with token prices trading lower amid increased pressure from the broader economy and fears that the Federal Reserve may raise interest rates again.
Many investors wonder whether most strong currencies? capital letters will not experience their lowest level again in a few months. However, the best investors are now consolidating their positions and looking for currencies that can be conducive to future profits.
This article examines several cryptocurrencies poised to make a comeback from the latter. Crash.
1. Battle with Infinity (IBAT)
IBAT is the best option among currencies ready to recover from this latest crash. The asset is the native token of Battle Infinity, the fantasy sports game that combines blockchain technology with non-fungible tokens (NFTs) and the metaverse.
The Premier League IBAT allows players to form teams from NFT represent real athletes. The team with the most points at the end of the season is declared the champion.
the token IBAT from Battle Infinity is impressive, especially for sports fans. Investors can also buy Battle Infinity as the developers include strike this week. Therefore, the asset must be a good investment for possible passive income.
IBAT is currently trading at $0.0029. The price of the currency fell by 25.64% in the past week.
2. Tamadoge (TAMA)
TAMA could be an interesting asset as the market appears to be recovering. Tamadoge describes herself as a “Dogecoin to win” which combines the appeal of blockchain games with the sporadic gains of meme currencies.
Tamadoge Lets Players Buy Digital Pets NFT. They can care for and fight these animals and earn rewards for their victories.
Last week, Tamadoge completed its presale, raising $19 million in less than eight weeks, despite declining market conditions. The developers will now focus on the listing of the token TAMA on centralized exchanges so holders can claim it.
At the same time, the complete platform of tamadoge should be available before the end of the year. Therefore, investors can now buy Tamadoge tokens for future profits.
3. Lucky Block (BLLOCK)
LBLOCK is the ecosystem token of Lucky Block, an NFT competition and rewards platform.
Investors can buy Lucky Block to access the platform’s gaming ecosystem, the developers of the platform offering prize pools and competitions to attract customers.
LBLOCK V2, available on scholarships centralized, currently trades at $0.00054. The value of the coin has fallen 28.9% in the past week.
However, LBLOCK remains an intriguing asset. The asset’s developers have recently added a mechanism for: combustionclearing 1% of total traffic every month.
This should improve the tokenomic of the asset and its relative scarcity should help drive up its price.
4. Ethereum (ETH)
The Ethereum blockchain, which developers and investors, is powered by ETH. The asset is a great pick on our list of coins ready to bounce back from this latest crash.
l’ETH is currently trading at $1,323, down 27.2% from the previous week.
Despite the market downgrade, many investors continue to queue to buy Ethereum. The asset is a currency with a large capital letters and because of its position in the market, it should be one of the first cryptocurrencies to make a profit when the market turns bullish.
The Ethereum merger, which transition from the blockchain to the Proof-of-Stake (PoS) consensus mechanism, has also sparked investor interest.
This transition should be a major catalyst for ETH price growth once the market recovers by introducing a deflationary model for ETH and creating the blockchain Ethereum more functional.
5. Cardano (ADA)
ADA, the native blockchain token cardanocompletes the list of cryptocurrencies ready to bounce back from this latest crash.
Other blockchain protocols have long overshadowed ADA and Cardano, but Cardano developers are determined to platform more developer friendly.
Vasil is a fork of the blockchain which should improve transaction speed and reduce the cost of ADA-based transfers.
VasicAfter months of delay, it will be implemented this week. Like the Ethereum merger, it could boost ADA’s price rise.
ADA is currently trading at $0.4419, down 15.38% from the past week.