This third week of July has started with some modest gains in the crypto market, providing new opportunities for investors to buy cryptocurrencies and see gains. This article will review the best cryptos to buy this week and explain the reasons behind their expected edge.
1. Infinity Battle (IBAT)
Our top crypto to buy this week is IBAT – the native token of Battle Infinity. Battle Infinity is a leading fantasy sports-focused crypto gaming platform. The platform brings the benefits of blockchain technology to sports and integrates the metaverse into its system to deliver the ultimate gaming experience. Battle Infinity has been KYC by CoinSniper, and its smart contract has been audited by Solid Proof.
The Battle Infinity ecosystem consists of five main parts: the Premier League, Battle Swap, Battle Store, Battle Market and Battle Stake. IBAT’s Premier League is the flagship feature of the project and is structured like an NFT. The Battle Market is the NFT market integrated into the project.
Battle Infinity is another project of Indian origin. For this reason, crypto analysts compare the project to India-based Polygon. The platform has also drawn comparison to Indian fantasy sports heavyweights Dream11 and Mobile Premier League, but Battle Infinity has the potential to top those platforms.
With IBAT, Battle Infinity provides a native token that allows investors to earn rewards and make profitable trades. The presale of IBAT is launched. It started on July 11, 2022 and will last 90 days. The token is available for $0.0015 per token at a fixed BNB/USD exchange rate. There is a minimum investment amount set at 0.1 BNB and a maximum of 500 BNB.
2. Polygon (MATIC)
Polygon is one of the most prominent layer two software in the crypto market. The platform provides a simple bridge to the Ethereum blockchain. This allows developers to take advantage of Ethereum’s network effects without addressing any of its scalability issues.
MATIC, the native Polygon token, is one of our top cryptos to buy this week. The asset is currently trading at $0.90, a jump of 63% in the past week alone.
Investors can buy Polygon and enjoy massive gains. Last week, Polygon Studios has been selected by entertainment giant Walt Disney as part of the latter’s Accelerator program. The partnership between the two companies is expected to help Disney in its foray into artificial intelligence and non-fungible tokens (NFTs). The entertainment house seeks to deliver Web3 experiences to customers and moviegoers.
3. FTX Token (FTT)
Another option among the best cryptos to buy this week is FTT. The asset is the native token of FTX – the second largest crypto exchange by daily trading volumes.
Trading at $29.38, FTT is up 15.6% in the past week. Today, many investors can buy FTX token as the outlook for the asset continues to rise amid the market downturn.
After signing a deal to buy crypto lender BlockFi for $240 million, FTX has become one of the biggest bailout kings for struggling companies. The exchange is also making progress in its venture into stock trading, to acquire Embed Financial Technologies last month to develop its new equity offering.
The volatility in the crypto market, particularly the market events related to Celsius and 3AC, has had a negative impact on BlockFi. News from Celsius on June 12 triggered an increase in customer withdrawals from the BlockFi platform, although we were not exposed to it.
— Zac Prince (@BlockFiZac) July 1, 2022
These expansion moves are sure to strengthen FTT’s prospects in the future.
4. Gimbal (ADA)
The Cardano blockchain has long been one of the most popular blockchain protocols. Its native token, ADA, serves as a basis for transactions and a stackable asset for investors looking to profit from low-risk returns.
With a current trading price of $0.48, ADA posted a gain of 6.6% last week.
However, it is a bargain price, given Cardano’s outlook. Earlier this month, blockchain developers implemented the Vasil hard fork on its testnet, marking the biggest update since last September’s Alonzo hard fork. With Vasil, Cardano should become even faster and more scalable, making the blockchain a suitable home for developers.
We are happy to report that today at 20:20 UTC, the IOG team successfully forked the #Cardano Test network. This is an important next step in the journey towards upgrading Vasil on the mainnet. 🧵
— Input Output (@InputOutputHK) July 3, 2022
As more developers flock in, investors will be looking to buy gimbal and enjoy winnings across the board.
5. Apecoin (APE)
Rounding out our list of the best cryptos to buy this week, Apecoin is the native token of the APE ecosystem that caused a massive frenzy when it launched earlier this year.
Apecoin was designed as a native token for the APE ecosystem: the Bored Ape Yacht Club NFT collection, other related NFT projects, and even the new Otherside metaverse. The asset is currently trading at $5.99, an increase of 31.07% over the past week.
Although Apecoin has always been controversial, the asset continues to generate gains for investors. And with the launch of the Otherside metaverse demo last week to much fanfare, there’s no doubt that more investors buy Apecoins as they anticipate another bull run.
Today @OthersideMeta The first trip was really a crazy experience! Jumping through the swamp portal legitimately gave me chills and it was crazy to see 4500 travelers running around in a large immersive space. pic.twitter.com/Nl5luxaZl3
— illuminary.eth (@illuminaryETH) July 16, 2022
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, Strong Proof Verified
- Battleinfinity.io roadmap and whitepaper