- Friday, April 19, 2024
By: Eastern Eye Staff
Cryptocurrencies are becoming more popular every day, even if you can’t deny the recent downward trend. However, it is this downward trend that is now setting the stage for a new rise in prices.
While bitcoin is still the best known and most valuable cryptocurrency and is used in Bluechip online casino, there are many others to keep an eye on. In this article, we will discuss 7 promising cryptocurrencies for 2022 that could rise in value. There are some familiar names among them, but the first one is an absolute newcomer with already impressive performance.
How promising cryptocurrencies behave after a bear market
The situation in the cryptocurrency market is complicated at the moment. The prices of many tokens have plummeted in recent months. As a result, many investors are currently living with large losses. Selling existing crypto-assets now might not be the right decision. After all, a look at the past shows that the industry has been able to survive very different times of crisis.
In order not to get discouraged, it is important to pay attention to promising cryptocurrencies that have the potential to rise in value after a bear market. After all, a bear market holds tremendous opportunities for investors who know how to pick their time. The tokens shown on this page have great potential for further value growth as the industry recovers from current market conditions.
Tamadoge: A meme coin with potential
Meme coins have been very popular since mid-2021 – mostly because celebrities like Elon Musk are constantly promoting coins like Dogecoin in the media.
The problem with most meme coins is that they have almost no real use and are only the subject of speculation. The new Tamadoge coin wants to solve this problem: Built on a fun basis with cute graphics, players can feed, raise and train so-called “Tamadoge Pets,” virtual pets. When the dogs are old enough, they can compete against each other. Winners of these battles are rewarded with TAMA tokens – the classic “play to earn” principle.
Battle Infinity: A Very Interesting Metaverse Coin
Metaverse is poised for golden times – if you believe this Bloomberg report, for example. One coin that will pick up on this trend is Battle Infinity. This platform combines fantasy games with a variety of other applications.
Among other things, the Battle Infinity ecosystem includes a decentralized exchange (DEX) for exchanging IBAT tokens for other cryptocurrencies, a marketplace for NFT that can be used in the game, Battle Arena and Battle Games – the Battle Infinity games themselves – and a platform for trading IBAT tokens.
The Battle Infinity presale sold out in 24 days, and investor interest is huge. If the stock market enters the market, we can assume that prices will rise accordingly. You can find out when that will happen on the Battle Infinity homepage.
Lucky Block – a strong start for a young cryptocurrency
Lucky Block is a relatively new cryptocurrency that first went public in January 2022. While it is not yet as well-known as bitcoin, its growth is already impressive.
Since its launch, Lucky Block has risen more than 300% in value, making it one of the most expensive cryptocurrencies in the world. In fact, no other token has risen in value as fast as LBLOCK.
But what makes Lucky Block so promising? There are several factors that contribute to its potential success. First, Lucky Block is based on Binance Smart Chain blockchain technology, which is known for its security and reliability. Second, Lucky Block has a fixed total supply of 100 billion coins, which means limited availability, and growing demand could lead to significant price increases. Finally, Lucky Block already has a strong community behind it with active developers and a supportive user base. The 50,000 subscribers of the official Telegram group speak for themselves.
Conclusion
Pretty much all cryptocurrencies are currently in a bear market and are currently going through a correspondingly difficult time. However, this should not stop investors from taking a closer look at promising cryptocurrencies with great growth potential. The tokens featured on this page all have the potential to rebound strongly once the market turns friendlier. So it may be worth keeping an eye on these coins in the coming months.
The Lucky Block Coin, in particular, can arguably look forward to particular potential. Again and again, the cryptocurrency attracted attention with enormous price jumps in recent weeks. It can be assumed that this development could continue in the future.
