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Investing in any financial market requires patience, knowledge, planning, and foresight. With these factors in place, you stand a better chance of accurately predicting the price of multiple financial assets. The cryptocurrency market is no different. Aside from situations where the market is in a FOMO bull cycle or FUD-based bear cycle, you can try to predict the prices of cryptos based on historical data and current market behavior. Your analysis will not always be correct. However, you have a better chance of making a profit if you make informed decisions rather than gambling. If you are a crypto investor and you are looking for the best investments this week, we've got you covered. We have compiled the 7 best crypto investments this week based on their price activity in recent times.
Are you a blockchain enthusiast that wants to save the planet? If your answer is yes, you should get on the IMPT train immediately. IMPT is an ecological-driven blockchain that allows you to buy, sell, or retire carbon credits while preventing fraud and double counting. It is an innovative and unique project that connects individuals and businesses with environmentally conscious brands that want to reduce their footprints. It allows them to buy, sell and redeem transactions easily all whilst keeping the planet safe.
The first IMPT presale began on October 3, 2022, at an affordable price of $0.018. The coin has since crossed $4,000,000 in sales and this indicates that investors have a strong belief in the utility of the project. Nobody invests money to lose money. IMPT will certainly generate massive returns in the future for anyone smart enough to invest early in the token. If you are that smart investor, buy IMPT right away.
If you want to invest in a token that is sure to make you massive profits, you should opt for Tama doge. Tama doge is the future of play-to-earn and there are many features to the unique Tamaverse. Within the next 24 hours (Precisely on Monday 17th, October), the rare Tama doge NFTs will launch and this will further push the price of Tama tokens upward. These 1,000 NFTs are rare and limited and you can easily purchase yours with Tama tokens on Opensea.
NFTs are not the Tamaverse feature that is available to you. With the Tama doge token, you can also play Tama games on the metaverse, earn rewards and buy unique digital assets from the Tama doge pet store. The Tama token remains one of the most promising cryptocurrencies in 2022 according to crypto news. When the token first launched on the OKX exchange, it has a massive pump. Even though the price has since retraced, it has the potential to pump even higher with each new feature released. Tama doge has a wide and active community.
The LBLOCK token is built on the Ethereum blockchain. It provides utility to the web 3 space by fueling NFT holder rewards. This means that the LBLOCK token is used to reward gamers who participate in NFT competitions. The more you play, the more you earn. LBLOCK is currently available on Pancakeswap at an affordable $0.0002032 price. Now to the real question, what makes the LBLOCK token a viable investment?
LBLOCK has a wide and active community. In the last 7 days, the token has traded for a low of $0.0001712 while also bouncing back to trade at $0.000207. It has ranged around this price and it is currently trading at $0.0002032. Investors are optimistic that the price will soar even higher in the coming days. If you are looking for a crypto investment opportunity this week, you might want to buy a few LBLOCK tokens.
Investors are currently bullish on the IBAT token and it is set to rise in the next few days. 24 hours ago, IBAT was trading for $0.00312. Right now, it is trading for $0.003859. This price change represents a 22.78% increase. If you look at a broader price chart, you will see that the IBAT token performed even better. In the last 30 days, the token experienced an all-time low when it sold for $0.002194 on October 5, 2022. All price indicators point to a pump in the price of IBAT.
Battle infinity is unique gaming consisting of multiple P2E battle games. All the games are run on a Metaverse platform called the IBAT battle arena. This platform allows players to interact and compete with each other in an extensive metaverse.
Solana is the ninth largest cryptocurrency in the world according to market cap. The broad utility of Solana and its contribution to the web3 industry makes it the perfect long-term investment for the patient investor. On May 11, 2020, the coin sold for $0.5052. A year later, the coin sold for $260 giving its investors one of the largest ROIs ever seen in the crypto industry. The value of Solana plummeted along with other cryptos in the 2022 bear cycle. However, it remains a viable profit-making option for short-term traders. Solana is up 1.67% in the last 24 hours. It is currently trading for $30.27.
Another crypto investment you can opt for this week is CSPR. CSPR has a bullish outlook and the coin is up 13.41% in the last 24 hours. At the start of the week, CSPR was trading at $0.03272 and it sharply rose to $0.05363 during the week. Currently, the coin is trading for $0.04806. Four months ago, the coin was trading at an all-time low of $0.02235. Now, it has risen more than 117%. This indicates that CSPR is a good investment both in the short-term and long term.
Casper was created as a live proof-of-stake blockchain built off the Casper CBC specification. This platform is designed to aid the adoption of blockchain technology, DApps, and smart contracts on a global scale. The founder of Casper is Medha Parlikar and she also serves as the CTO of Casper labs.
AVAX is another coin that is set to make some gains this week. In the last 24 hours, the coin gained 1.89% and is currently trading at $15.94. It rose as high as $16.37 in the past week and dropped to $14.59. There is a lot of volatility in the market and this represents the perfect investment opportunity for short-term traders. AVAX rose to $146.22 on November 21, 2021, during the last bull cycle.
Avalanche is a one-layer blockchain technology that functions as a platform for Dapps and custom blockchain networks. It aims to replace Ethereum as the foremost blockchain for smart contracts.
If you want to make a profit this week, these 7 cryptos are your best shot. Coins like Tama doge and IMPT have massive profit potential and you will be thankful if you hop on the train early enough. Right now, IMPT has sold over $4,000,000 in token presale. Its unique innovative carbon offset program gives it an edge over other new cryptos in the market because of its extensive environmental advantage. Also, Tamadoge is the future of play to earn games, and buying some Tama doge native tokens is a smart crypto investment decision. We advise that you buy as many Tama tokens as you can. The crypto market is all about getting in early and you have the perfect chance with these cryptocurrencies.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
