This third week of July has begun with some modest gains in the crypto market, offering new opportunities for investors to buy cryptocurrencies and see gains. This article will review the top crypto to buy this week and offer reasons for their expected upside.
1. Battle Infinity (IBAT)
Our top crypto to buy this week is IBAT – the native token for Battle Infinity. Battle Infinity is a top crypto gaming platform with a focus on fantasy sports. The platform brings the benefits of blockchain technology to sports and incorporates the metaverse into its system to provide the ultimate gameplay experience. Battle Infinity has been KYC’d by CoinSniper, and its smart contract has been audited by Solid Proof.
The Battle Infinity ecosystem consists of five major parts: the Premier League, Battle Swap, Battle Store, Battle Market, and Battle Stake. IBAT’s Premier League is the project’s flagship feature and is structured as an NFT. The Battle Market is the project’s in-built NFT marketplace.
Battle Infinity is another project with an Indian background. Because of this, crypto analysts compare the project to Indian-based Polygon. The platform has also drawn comparison with India’s fantasy sports heavyweights Dream11 and Mobile Premier League, but Battle Infinity has the potential to outgrow these platforms.
With IBAT, Battle Infinity provides a native token that allows investors to earn rewards and make profitable trades. IBAT’s presale is on. It began on 11th July 2022 and will be on for 90 days. The token is available for $0.0015 per token at a fixed BNB/USD exchange rate. There’s a minimum investment amount set at 0.1BNB 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 enjoy Ethereum’s network effects without dealing with any of its scalability issues.
MATIC, the native Polygon token, is one of our top crypto to buy this week. The asset currently trades at $0.90 – a jump of 63% in the past week alone.
Investors can buy Polygon and enjoy some massive gains. Last week, Polygon Studios got 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 with its foray into artificial intelligence and non-fungible tokens (NFTs). The entertainment house is looking to provide Web3 experiences for customers and movie viewers.
3. FTX Token (FTT)
Another option among the top crypto to buy this week is FTT. The asset is the native token for FTX – the second-largest crypto exchange by daily trading volumes.
Trading at $29.38, FTT has been up by 15.6% in the past week. Today, many investors can buy FTX token as the asset’s prospects continue to rise amidst the market downturn.
After signing a deal to purchase embattled crypto lender BlockFi for $240 million, FTX has become one of the biggest bailout kings of struggling firms. The exchange is also making progress with its venture into stock trading, acquiring Embed Financial Technologies last month to build out its new stock offering.
Crypto market volatility, particularly market events related to Celsius and 3AC, had a negative impact on BlockFi. The Celsius news on June 12th started an uptick in client withdrawals from BlockFi’s platform despite us having no exposure to them.
— Zac Prince (@BlockFiZac) July 1, 2022
These expansionary moves are sure to bolster FTT’s prospects in the future.
4. Cardano (ADA)
The Cardano blockchain has been one of the most popular blockchain protocols for a long time. Its native token, ADA, acts as a basis for transactions and a stakable asset for investors looking to enjoy low-risk returns.
With a current trading price of $0.48, ADA is riding a gain of 6.6% in the past week.
However, this is a bargain price, considering Cardano’s prospects. Earlier this month, the blockchain’s developers implemented the Vasil hard fork on its testnet, marking the biggest upgrade since last September’s Alonzo hard fork. With Vasil, Cardano is expected to become even faster and more scalable, making the blockchain a suitable home for developers.
We’re happy to report that today at 20:20 UTC the IOG team has successfully hard forked the #Cardano Testnet. This is an important next step in the journey towards the Vasil upgrade on mainnet. 🧵
— Input Output (@InputOutputHK) July 3, 2022
As more developers troop in, investors will be looking to buy Cardano and enjoy gains down the line.
5. Apecoin (APE)
Rounding out our list of the top crypto to buy this week is Apecoin – the native token for the APE ecosystem that caused a massive frenzy when it launched earlier this year.
Apecoin was built as a native token for the APE ecosystem: the Bored Ape Yacht Club NFT collection, other associated NFT projects, and even the newly released Otherside metaverse. The asset currently trades at $5.99 – an increase of 31.07% in the past week.
Although Apecoin has always been controversial, the asset continues to deliver gains for investors. And with the Otherside metaverse demo kicking off last week to much fanfare, there is no doubt that more investors will buy Apecoin as they anticipate another bullish run.
Today’s @OthersideMeta First Trip was truly a wild experience! Jumping through the swamp portal legit gave me chills and it was insane to see 4500 voyagers running around 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, Solid Proof Audited
- Roadmap & Whitepaper at battleinfinity.io