These 5 Cryptos are Set to Rocket Higher After the Bitcoin Crash – Cryptonews
The cryptocurrency market has been struggling over the past week. Yesterday, Bitcoin dropped to June 2022 lows of $18K. The poor market performance has investors anxiously looking for the best cryptocurrencies they can buy for solid returns. Below are the five best cryptos that are set to skyrocket after the recent Bitcoin crash.
Tamadoge is one of the best cryptos set to skyrocket despite the recent Bitcoin crash. Tamadoge is a crypto games ecosystem where players can buy Tamadoge pets in the form of non-fungible tokens (NFTs) and use their pets to battle with the other players.
Besides being a play-to-earn ecosystem, Tamadoge is tapping the memecoin community’s potential. However, Tamadoge is also solving the weaknesses of the other memecoins by offering utility and having good tokenomics, such as a capped supply of 2 billion coins.
The Tamadoge cryptocurrency is currently in a presale. The Tamadoge website shows that the presale has already raised $13 million and is in the final stages.
The other cryptocurrency that is also a good buy despite the Bitcoin crash is IBAT. The IBAT presale was one of the most successful IDOs in the crypto market. The presale ended earlier than scheduled because of overwhelming demand.
Battle Infinity is a fantasy sports NFT-based game set to become one of the best play-to-earn games in the market. The IBAT Premier League allows players to buy NFTs that depict players in an actual club. The player will earn reward points depending on the player’s performance during the ongoing season. The rewards are given in IBAT tokens.
The Lucky Block NFT Competitions Platform is also one of the best projects to invest in despite the ongoing bear market. On the Lucky Block NFT competitions platform, players can buy NFTs that are created for each prize. The prizes to be won on the platform include a house, $1 million worth of Bitcoin, VIP tickets to the FIFA World Cup, and more.
The LBLOCK token is available for trade on one of the best DeFi exchanges, PancakeSwap, and it is also listed on multiple centralized exchanges such as LBank, MEXC Global, and Gate.io. The Lucky Block bridge launched in early October will also accelerate prize gains.
The other token that could also make significant gains this month is Terra Classic (LUNC). LUNC is currently a top performer in the market despite the bear market. During the past two weeks, the token has made triple-digit gains.
One of the reasons why LUNC is gaining is because of a 1.2% tax proposal set to boost the LUNC token-burning process. Token burning is expected to reduce the supply of LUNC tokens and support future price gains.
Ether is also set for notable gains in the coming weeks because of the upcoming Merge. The Merge is slated to happen in mid-September, and if it is successful, ETH could make notable gains and overcome the bearish trend in the broader market.
The Ethereum Merge will transition the Ethereum blockchain from a proof-of-work to a proof-of-stake network. The Merge will reduce the energy consumption on the Ethereum network by 99%.
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