The crypto market is going through another crash, and the values of the coins are getting lower. This crash is ongoing because of the pressure that the world economy is building up, but there is also a fear that the Federal Reserve will increase interest rates again.
However, despite the situation we have on the market, most experienced investors actively look for coins that may bring significant gains in the near future. We will include in this article a few cryptocurrencies that have incredible potential to bounce back easily after the newest crash and make sure to provide the most important information regarding each one.
Top 5 cryptocurrencies to focus on until the end of the year
Despite all kinds of difficulties that Bitcoin is going through, investors are turning to some more profitable options at the moment. The best coins that are very likely to survive this crash easily are:
We will make sure to shed a little light on all the reasons why these coins should be in our focus now, so let’s get to it!
Tamadoge (TAMA) is a meme coin that got at the center of enormous hype around it because of the incredible success it achieved. TAMA is often compared to Shiba Inu and Dogecoin, but since it managed to raise 19 million dollars in a matter of weeks, it instantly becomes obvious why it is in the prime focus of all the investors out there. It is expected that the price of TAMA will increase significantly once it gets listed on the exchanges, so it is the reason why people are looking closely at this metaverse project.
One more reason why TAMA is so popular is that it is considered to have the potential to set the standard for the future. Since it combines the crypto market, NFTs, metaverse (known as Tamaverse in Tamadoge), and play-to-earn concept, it is everything that one player and investor need to have to go through this crypto crisis.
2. Battle Infinity (IBAT)
Battle Infinity is a platform that attracts players who like fantasy sports and like to have fun but also have a chance to earn. IBAT is the token that will help the players to explore the six elements that the Battle Infinity platform has to offer. One of these elements is IBAT Premier League, where the players get the chance to create teams by using NFTs where each NFT represents a real athlete.
Sports enthusiasts usually focus on IBAT tokens, but recreational players can also find many ways to enjoy the Battle Infinity platform. In the coming days, Battle Infinity will include the option of staking, which will broaden the earning opportunities for investors. The price of IBAT today is $0.003004, and there has been a slight increase of 0.82% in the last 24 hours, which is a sign of recovery that all of us have been waiting for. It is expected that the price of IBAT could reach $0.091 by the end of 2030, which is why it is a good option for buying now.
3. Lucky Block (LBLOCK)
The Lucky Block is branded as “The No.1 NFT Competitions Platform,” and it is enjoying great popularity because there are two native coins that are currently available: LBLOCK V1 and LBLOCK V2. While LBLOCK V1 works on BNB Smart Chain and requires paying 12% tax for every transaction, the developers introduced the second version of LBLOCK, V2, with the goal of having no transaction fees.
There is an upcoming Bridge announced to occur on October 3rd, which means that the early investors will be able to upgrade LBLOCK V1 to LBLOCK V2. But that’s not all. All the other users will also be able to swap the currencies easily, which will impact the popularity of Lucky Block, and it is the reason why investors are turning their attention toward this platform. Besides, the LBLOCK burn is announced to occur on September 30th, which will be the beginning of a program that will include the burning of 1% LBLOCK tokens monthly. The burning will surely support the price and affect its rise positively.
4. Cardano (ADA)
Last year, ADA was one of the most popular cryptocurrencies that were on all the charts of the most popular cryptocurrencies to invest in. Cardano achieved the highest peak on September 2nd last year, just before the Alonzo update, which was initiated ten days later after the peak. Now, while we expect Vasil upgrade to happen on September 22nd, we are looking closely at the price changes it may go through. Today’s price of ADA is $0.45, and even though there is a 1.55% price drop today, there is still time for things to change.
During last week, there was a positive increment of 15.30%, so there is a lot going on there, and there is surely a solid potential that the investors see in ADA. With the upcoming upgrade, we can expect the price of ADA to go up to $12 by the end of this year and even go up to $21.35 until the end of 2030. Since the price prediction for ADA is so optimistic, it is understandable why the investors think it is an option worth considering.
5. Ethereum (ETH)
With the Merge that occurred last week, there is certainly a bright future ahead of Ethereum. The team behind it showed that there are ways to implement some positive changes and get the investors to be thrilled about them. Of course, there are still many people wondering what this Merge actually brings, and the only accurate answer is that time will tell. However, what we can see right now is that Ethereum has once more shown to the world that it is a driving force among cryptocurrencies. The energy use is what the Merge was supposed to fix, and it did. Now there is more than 99% energy drop since the Merge happened.
The price of ETH today is $1353,70, and while there has been a slight drop of 1.60% in the last 24 hours, we can say with certainty that we have not seen everything yet. There is already the next step planned for Ethereum called “sharding,” which is supposed to solve fees and speed, which will result in cheaper and faster transactions. The answer to the question that every investor is asking, and that is “should I invest in Ethereum now ” is a tricky one for sure. There is a lot of potentials that no one can deny. Lots of changes along the way will certainly popularize it even more, so this decision is certainly up to every investor to make.
There is no doubt that it is a challenging time for the crypto market, and all the investors out there are puzzled about the future of the coins they used to love. However, it seems like it is time for a change that will introduce some other coins to us that are ready to conquer the world. We hope that our guide will help you to shift your focus to the most promising coins at the moment!