Join Our Telegram channel to stay up to date on breaking news coverage
The crypto market has displayed healthy performances in the past few days. However, with the extreme volatility in the market currently, it remains essential to trade mostly low-risk coins. We’ve outlined some of the best cryptos to buy for lower risk returns this week.
1. Battle Infinity (IBAT)
Kicking off our list of the best cryptos to buy for lower risk returns is IBAT – the native token for the Battle Infinity ecosystem. Battle infinity is a fantasy sports game incorporating metaverse, blockchain technology, and non-fungible tokens (NFTs).
The India-based startup is already drawing comparisons to several giants in the metaverse space, like The Sandbox and Splinterlands, largely because of its IBAT Premier League. The fantasy league built into the game allows players to access a metaverse where they can get NFTs representing real-life athletes to form their teams. Each team earns points based on athletes’ performances and vie for the title at the end of the season.
Battle Infinity’s potential is undeniable. Its base in the Indian market gives it a good opportunity to grow among the country’s tech-savvy, younger population. And with fantasy sports looking to grow significantly in the coming years, there’s a lot of upside for investors looking to buy Battle Infinity.
With approval from CoinSniper and Solid Proof, IBAT has been vetted to ensure no rug pulls. The asset is available on presale right now for $0.0015, and interested investors can purchase it for a minimum of 0.1 BNB and a maximum of 500 BNB.
2. Lucky Block (LBLOCK)
With crypto gaming as one of the most vibrant parts of the market, LBLOCK is one token that we expect to see massive gains in the future. Looking for the best cryptos to buy for lower risk returns? LBLOCK is another great option.
The crypto asset is the native token for Lucky Block – a global crypto games platform that combines blockchain with NFTs to provide a fair and transparent online gaming system. Investors can buy Lucky Block to enjoy access to the platform’s games, with LBLOCK replacing traditional game tickets.
Presently, LBLOCK trades at $0.001029. The coin is down by 3.20% in the past 24 hours.
Besides its focus on gaming, LBLOCK is also attractive for the opportunities it provides holders to earn. Lucky Block’s developers constantly run prize draws, giving away prizes to holders of their native token and NFTs weekly.
The main prize draws are available to anyone who buys at least $5 worth of LBLOCK. However, holders with over $500 worth of the asset get free tickets. The barrier for entry to the NFT draws is ownership of Lucky Block’s Platinum Rollers Club NFTs. Holders of Lucky Block NFTs can win up to $50,000 in LBLOCK tokens from these weekly draws.
Lucky Block is also making progress with its asset’s listing on centralised exchanges. Following the successful listing on LBank earlier this week, they hope to get LBLOCK on MEXC by the start of August.
V2 token is NOW LIVE on @LBank_Exchange! 🔥
Go and buy it now, all you need to do is:
➡️ Go to https://t.co/6rFZ8bsZZC 🖥️
➡️ Search for LBLOCK 🔎
➡️ Click 'Buy' and that's it, you're a proud owner of V2 $LBLOCK! ✅Let's go #ToTheMoon! #crypto #cryptocurrency #CEX pic.twitter.com/hCG1yORdpc
— Lucky Block Casino (@luckyblockcoin) July 27, 2022
3. DeFi Coin (DEFC)
Coming in next is DEFC – one of the shining stars of the decentralised finance (DeFi) space that could be a great addition for an investor looking for long-term gains.
DEFC is the native token of the DeFi Swap decentralised exchange. The asset was launched last year and is already on its way to becoming a DeFi blue-chip coin. Trading at $0.1033, DEFC is up by 8.33% in the past 24 hours alone.
Investors looking to buy DeFi Coin are highly encouraged by the asset’s impressive tokenomics. DeFi Swap takes a 10% fee on every sale of DEFC, making the asset immediately unattractive to sell. The rationale is that this will disincentive selling and encourage more investors to hold the coin for the long haul. As its supply reduces over time, so should its price.
4. Ethereum (ETH)
Ethereum, the largest altcoin, has a track record of delivering gains. It is quite attractive for investors right now as developments within the Ethereum blockchain could send the coin a bullish run.
Currently, ETH trades at $1,634. The coin is up by 10.60% in the past 24 hours, representing one of the biggest jumps of any large-cap coin.
Still, investors can buy Ethereum right now; rest assured of gains. The Ethereum blockchain is currently undergoing its Ethereum 2.0 transition, with developers speculating that the process could be completed by September 19.
This merge timeline isn't final, but it's extremely exciting to see it coming together. Please regard this as a planning timeline and look out for official announcements!https://t.co/ttutBceZ21 pic.twitter.com/MY8VFOv0SI
— superphiz.eth 🦇🔊🛡️ (@superphiz) July 14, 2022
Following the successful implementation of the Sepolia testnet, ETH is one step closer to its full transition.
5. Solana (SOL)
Solana is one blockchain that challenges Ethereum’s dominance in the industry. The high-performance blockchain is the most prominent among the “Ethereum killers”, and its prospects continue to rise even amidst the bear market.
Solana’s SOL token is one of the best cryptos to buy for lower risk returns. The crypto asset trades at $40.44 – a jump of 8.98% in the past 24 hours.
We believe that investors can buy Solana now. Solana’s developers are working to expand beyond blockchain development. After unveiling the Solana Saga smartphone last month, Solana Labs now looks set to open a physical store in New York.
Not everyone has that person in their life. That’s where we come in.
Spaces is everyone’s first crypto friend.
Inside, you’ll learn how Solana works, what Web3 is. We’ll set you up with a wallet and your first NFTs, and guide you through your first on chain transactions.
— DRiP💧 (@drip_haus) July 15, 2022
Users can easily purchase Solana-branded merch in this store and access the educational centre to learn more about Web3. All of these and Solana’s ever-expanding ecosystem increase SOL’s prospects.
Read more:
Join Our Telegram channel to stay up to date on breaking news coverage