The crypto market appears to have resumed its bearish run. Despite the bear market, several assets have shown impressive prospects so far and may look to push even higher. Investors who discover the best crypto to buy this week could enjoy maximum gains.
This article explores some digital assets that could be poised for massive increases in the coming weeks.
1. Infinity Battle (IBAT)
The best crypto to buy this week is the Battle Infinity token IBAT. The crypto asset offers investors an opportunity to take advantage of the current gaming and metaverse frenzy.
Battle Infinity, a fantasy sports game, combines blockchain, non-fungible tokens (NFTS), and the metaverse. Its main offer is the IBAT Premier League: the major fantasy league. In this league, participants can own NFTs that represent real athletes. Their NFTs are used to build teams and points are awarded based on the performance of these athletes. At the end of the season, the team with the most points wins.
There are several reasons for buy Battle Infinity. The IBAT token is currently available for presale at $0.0015. Interested investors can purchase IBAT with a minimum investment of 0.1 BNB and a maximum of 500 BNB. Fantasy sports is expected to be a $50 billion industry by 2027, and Battle Infinity’s home base of India puts the platform in a good position to grow.
CoinSniper has checked IBAT to ensure its legitimacy. Thus, investors can purchase the asset with confidence from the pre-sale website.
2. Lucky Block (LBLOCK)
Next on our list of the best cryptos to buy this week is LBLOCK. The digital asset, which powers the Lucky Block ecosystem, has been a favorite for many investors over the past few months.
LBLOCK is currently trading at $0.001057, down 0.98% in the last 24 hours.
Although it started out as a jackpot raffle platform, Lucky Block quickly evolved into an NFT competition platform. In June, Lucky Block held contests for holders of its NFT Platinum Rollers Club, which launched in February. All competitions will have associated NFT collections, with higher odds placed on more valuable prizes up for grabs – including PlayStation consoles and even luxury cars.
The Lucky Block NFT are available on NFT Launchpad, although the platform’s developers are also working to allow interested buyers to purchase them with fiat currency. At the same time, Lucky Block is looking to create a database where they will centralize NFT information, so players can buy it without incurring gas costs.
At the end of the NFT competitions, holders will also be able to send their tokens to any secondary market they wish to use to trade or sell their NFTs.
3. DeFi Coin (DEFC)
DEFC is another top crypto to buy this week. The crypto asset is one of the most exciting coins in the decentralized finance (DeFi) space. As DeFi looks to resume its upward trajectory, DEFC could be a great rally for investors looking for value.
Trading at $0.0942, DEFC is up 0.36% in the past 24 hours. It is one of the few DeFi assets to trade over the past day.
Investors looking for a stable asset with a strong economy can buy DeFi Coin, the native token of DeFi Swap. The decentralized exchange takes a 10% fee each time DEFC is sold. This token structure incentivizes selling and is designed to reduce the supply of the long-term asset.
DEFC can also be staked on the DeFi Swap exchange, providing low-risk gains for passive investors.
4. Polygon (MATIC)
Another asset that has impressed investors is Polygon’s MATIC token. With massive gains over the past few weeks and the potential for even more, investors are excited about MATIC.
Polygon, created primarily for Ethereum, is one of the most popular layer two protocols. The platform allows decentralized application (dApp) developers to circumvent blockchain scalability issues while utilizing its resources.
MATIC is currently trading at $0.8305. The asset is down 3.35% in the past 24 hours.
We believe investors can buy Polygon now. The network is increasingly adopted. It was recently selected to join the Disney Accelerator program. Polygon will help the entertainment giant integrate NFTs and artificial intelligence into its offerings.
5. Dogecoin (DOGE)
Our last recommended crypto to buy this week is DOGE. The main meme coin is known for its sporadic prize winnings and community-driven approach to development. The digital asset has seen a recent price spike that has impressed investors.
Trading at $0.00654, DOGE is down 3.76% over the past day, in line with broader market movements.
Since it is a large cap coin, investors can buy Dogecoin to take advantage of gains when the market turns bullish. Also, the increased usefulness of the asset opens up additional prospects for it. Last week, the Dogecoin Foundation released Dogecoin Core 1.14.6 – an update it claims will improve the security and efficiency of the asset.
Upgrades!
— Elon Musk (@elonmusk) July 21, 2022
Additionally, Dogecoin was recently accepted as payment at The Boring Company loop in Las Vegas. As the asset’s usefulness for payments continues to grow, we expect greater adoption – and soaring prices.
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