The Cryptocurrency market crash has not only taken a toll on the price but has also caused several projects to lose hope. Cryptocurrencies that exhibited tremendous upside potential during the bull market are now struggling to survive in this crypto malaise. Yet, there are some cryptocurrencies that could set all-time highs if they survive.
Let’s explore 6 cryptos that could set all-time highs if they survive.
6 Cryptocurrencies that could reach record highs
1. Tamadoge (TAMA)
Gamers can earn rewards while feeding and grooming their virtual pets in Tamadoge, a new NFT crypto game. The highest ranking players in the leaderboard receive the best rewards for raising their pets. TAMA tokens are used as rewards, which can be exchanged for other currencies.
TAMA cryptocurrency is deflationary, which makes it different from other Doge ecosystem coins such as Dogecoin. Tokens spent on the platform will be burned by the developers at a rate of 5%. This will increase its demand and make it scarcer.
In addition, Tamadoge cryptocurrencies could also increase in demand if they are listed on exchanges. Due to the rapid sale of the beta, Tamadoge has been in a presale so far. Over $7 million has been raised by Tamadoge in just a few weeks.
LBank is planning to list this coin soon, which indicates its popularity. By gaining more exposure, the coin’s demand could increase significantly.
In light of its use case, reward program, and highly competitive presale, Tamadoge is poised to succeed in the GameFi segment, which includes both play-to-earn and crypto casinos.
Stay updated on Tamadoge’s latest developments by joining its Telegram channel.
2. ICON (ICX)
ICON (ICX) aims to allow any number of blockchains — including other cryptocurrencies — to exchange information through ICON’s central node, called the ICON Republic. This is achieved through a decentralized network consisting of smaller blockchains that can exchange values and smart contract-based transactions between each other.
ICX tokens are used for each transaction within the ICON blockchain. Users can pay transaction fees and other tokens in ICX, and tokens can be converted via DEX ICX. Further, the issuance, storage, and wallet are managed in a public wallet called Public Treasury.
Users receive a daily reward of 10.6% in PST tokens for every token held in their wallets. Users will be able to use the PST tokens after staking on the platform. The wallet owners can stake the tokens for a fixed period of time and receive rewards for them.
By delegating tokens, P-Reps are able to receive rewards for their services in a similar way as miners. Delegation is made by locking up the staked tokens for a specific period of time. Currently, this lock-up is eight days.
The all-time high for ICON is $12.64. This is the highest price paid for ICON since it was launched.
ICON’s current circulating supply of ICON is 919 million and its current market cap is $265.92M. This implies that the asset is highly valued by other investors in the market. In comparison, Bitcoin and Litecoin have market caps of $15.3B and $3.8B respectively, suggesting that ICON may be a good investment choice to allocate capital towards.
3. Battle Infinity (IBAT)
With its successful presale and decentralized exchange listing, Battle Infinity has proven to be among the best cryptocurrencies in the market. After 25 days, investors sold out Battle Infinity because of its use case and rewards.
IBAT, Battle Infinity’s token, was listed on PancakeSwap as the next step. Among those attending the launch party of Battle Infinity were Bollywood actress Urvashi Rautela and international cricketer Irfan Pathan. IBAT’s presale price jumped 700% after listing on PancakeSwap.
Investors can benefit from getting involved with this NFT P2E game in a number of ways. Battle Stake offers entertainment and rewards alongside the potential gains from IBAT.
There are three stake options: solo, duo, and crates. There are advantages and challenges associated with each method. As a result of Battle Infinity, players are able to compete for the highest rewards. Global staking pool tokens are also awarded to highly active players.
Subscribe to Battle Infinity’s Telegram channel to stay on top of the latest developments.
4. Lucky Block
Lucky Block offers the best chance of benefiting from crypto projects in two ways. This NFT competition platform provides investors with rewards through the holding of LBLOCKs and NFTs. In addition to a $1 million house, a Lamborghini, and a $1 million Bitcoin price, investors can also win a Lamborghini and a Lamborghini convertible.
A great way to benefit from Lucky Block is to hold its native token, LBLOCK. As one of the best Bitcoin casinos around, Lucky Block is already one of the top Bitcoin casinos. Investors have gained massive returns from the coin since it started trading on major exchanges in January 2022. A catalyst for the rallies was the listing of stocks on exchanges.
On 1 September 2022, LBLOCK will also be listed on Gate.io in addition to LBank and MEXC. ERC-20 tokens, such as LBLOCK, are tax-free for investors. Following Gate.io’s listing, it wouldn’t be surprising if LBLOCK pumps once again after its past performances during listings.
5. XRP
XRP is an attractive investment for investors looking for efficient cross-border payments and low transaction fees. In just a few seconds, XRP can reach its recipient across the world. You can do it at home for mere pennies, and it’s convenient.
It has been the only coin in the top 10 by market capitalization that hasn’t experienced a massive bull run. As a result, the US Securities and Exchange Commission has filed a lawsuit against it.
A unique feature of this coin is that it gained over 600% between mid-January 2021 and end-April 2021. In the lawsuit, most XRP investors were spooked, which caused the price of XRP to decline.
There is no regulatory body in the world that can stop this coin from pumping. There is only one way for XRP to go from here, and that is up based on its price structure.
6. Bitcoin Cash
There have been many successful forks of Bitcoin, and Bitcoin Cash is one of them. This invention was a result of bitcoin being considered a store of value, similar to gold 2.0. Among the key design criteria for Bitcoin were affordability, efficiency, and the ability to be used for daily transactions.
In a nutshell, those are the three defining characteristics of Bitcoin Cash. Bitcoin Cash can be sent worldwide for a few pennies in less than a minute. However, investors should always consider the coin’s fundamentals before investing. Even PayPal has listed Bitcoin Cash on its platform. Bitcoin Cash has been listed on the majority of exchanges.
As one of the main cryptos along with Bitcoin, Ethereum, and Litecoin, it features as one of the most popular coins. Currently, Bitcoin Cash is in strong support and has tremendous upside potential, as it solves the problem that Bitcoin couldn’t.
Conclusion
We have identified 6 cryptocurrencies that could explode despite the downturn in the crypto market. In our opinion, Tamadoge is the biggest prospect of the 6 coins we mentioned.
Due to the success of its presale, TAMA will soon be listed on LBank and Uniswap. The campaign has raised almost $7 million so far. TAMA prices are expected to be higher than ever in the near future, so investors should act now.
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