5 Cryptocurrency Ready to Bounce Back After This Latest Crash
The cryptocurrency market is currently experiencing yet another crash. Coin prices are trading lower due to increased pressure from the broader economy and fears that the Federal Reserve would again raise interest rates. Several investors wonder if most large-cap coins will test their multi-month lows once more.
However, the best investors are now consolidating their holdings and looking for coins that may be ripe for future gains. This article looks at several cryptocurrencies poised to bounce back after this latest crash.
IBAT is the best option among coins set to bounce back after this latest crash. The asset is the native token for Battle Infinity, the fantasy sports game which combines blockchain technology with non-fungible tokens (NFTs) and the metaverse. With its IBAT Premier League, players can form teams out of NFTs representing real-life athletes. The team with the largest points at the end of the season is declared the champion.
The IBAT token from Battle Infinity is impressive, especially for sports enthusiasts. Investors can also buy Battle Infinity, as its developers are incorporating staking this week. As a result, the asset should be a good buy for potential passive income.
IBAT currently trades at $0.0029. The coin’s price dropped by 25.64% in the past week.
TAMA could be an attractive asset as the market looks to recover. Tamadoge is a self-described "play-to-earn Dogecoin" that combines the appeal of blockchain gaming with the sporadic gains of meme coins.
Tamadoge allows players to purchase NFT digital pets. They can groom and battle these pets, earning rewards for victories.
Last week, Tamadoge completed its presale, raising $19 million. The developers will now concentrate on listing the TAMA token on
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