After the recent crypto crash, the crypto market is slowly recovering, and some coins are recording a bullish run.
They are promising worthy gains for their owners and have a bright future.
So, let’s take a look at the list of 5 Cryptocurrencies to watch this week.
The top of the list is reserved for the three best crypto projects of 2022 – Tamadoge, Battle Infinity, and Lucky Block.
5 Cryptocurrencies to watch this week
1. Tamadoge (TAMA) – the best cryptocurrency to watch this week
2. Battle Infinity (IBAT) – the best sports metaverse crypto to watch this week
3. Lucky Block (LBLOCK) – the best NFT competition system globally
4. Ripple (XRP) – coin with the sizeable price potential
5. Litecoin (LTC) – coin with the great long-term investing potential
5 Cryptocurrencies to watch this week – Overview
Here is a short overview of these 5 cryptocurrencies you should watch this week.
After the mega-successful presale in which $19 million were raised, Tamadoge announced the first exchange listing.
OKX will be the first and only primary exchange to list TAMA. The token will be available on the exchange from September 27.
Everyone interested in purchasing TAMA tokens can now pre-register on OKX’s website.
TAMA will also list on LBANK and Uniswap – as two exchanges the biggest and most well-sourced exchanges with lots of liquidity.
This will make this Play to Earn token available to crypto investors in over 100 countries worldwide.
This will be beneficial for TAMA’s price too. Experts claim TAMA can reach $0,05 or $0,06 by the end of the year.
Additionally, add-ons to the ecosystem will also increase the demand and pump TAMA’s price.
In Q4 2022, Tamadoge will launch NFT Petstore and allow investors to buy Tama pets, food, and clothes for the pets.
Partnerships with other metaverse projects should be announced in Q1 2023. By Q2, TAMA will list on all major exchanges.
TAMA investors can expect P2E Arcade in Q3 2023 and Augmented Reality app (AR) in Q4 2023.
The AR app is the highlight of the whole Tamadoge ecosystem and the most exciting element of the project.
Even though in the early stages of development, Battle Infinity is already considered one of the best projects this year.
Also, the project is considered as the project that can bring 10x gains to its holders.
After the mega-successful presale and first major exchange listings, IBAT’s price pumped by around 7% in August.
This was when its price went from $0.0015 per token to $0.11.
The latest Battle Infinity announcement also sets high expectations for the token’s future.
IBAT staking platform should also increase the demand for the token and the trading volume. The staking platform will offer three vital features:
- Token staking to earn a yield.
- Liquidity between various assets and IBAT. This will allow stakers to earn a passive income in other cryptos like BTC or ETH, for example.
- Users will be able to buy NFT crates on the IBAT marketplace or get them by climbing the leaderboard or playing IBAT Battle Games.
IBAT price should go as high as $0.0050 by the end of 2022.
In 2023, it should reach $0.01 by the end of that year. By the end of 2025, the IBAT price can go up to $0.2.
Ever since its mega-successful presale, LBLOCK proved it would be one of the best crypto coins of the year.
Lucky Block quickly became the best NFT competition platform after the launch in Q4 2021.
The ecosystem launched some updates to the network that caused the extreme price uptick. In numbers, LBLOCK price pumped by more than 1000% after the launch.
The whole bull run provided LBLOCK investors with 1100x gains in February 2022.
Foremost, the launch of the new V2 token led to the first CEX listings. Currently, LBLOCK is listed on LBank, MEXC, Uniswap, and Gate.io, and the V2 token’s price is around $0.00052.
Price predictions say the token will reach $0.0024 by the end of this year and $0.005 by the end of 2023.
By 2025, LBLOCK should trade at around $0.003 – $0.004.
One of the reasons for this extreme growth is the announced 1% monthly token burn. The first one is planned for September 30, 2022.
Lucky Block is inviting for investors because it allows them to enter NFT-based competitions.
There, investors can win worthy prizes like $1 million in Bitcoin, luxury holidays, Mac, Lamborgini, house, and more.
Lucky Block also sponsored Joe Joyce, a famous boxer in its match against Joseph Parker.
All this combined can cause a dire LBLOCK uptick in October.
One of the currencies that have been doing fine during the last couple of weeks is Ripple.
XRP’s price has been up by 12,09% in the last 24 hours.
But that is not everything. The token had a growth of more than 41% in the past month.
Looking at the technical analysis, Ripple’s price could increase even more in the upcoming weeks.
According to the crypto experts, XRP’s open interest is now up to $575 million compared to $310 million a week ago.
The main reason is that Ripple filed a motion for summary judgment. This has been an ongoing case for years since SEC claimed Ripple launched an unregistered securities offering.
The case should end in mid-December, and the market sentiment is that Ripple will win.
When it comes to price prediction, XRP should end 2022 with an average price of $0.63. The greatest it can reach is around $0.79.
By the end of 2025, XRP should reach $1.53 at most, with an average price of $1.36.
XRP will uptick to $10.59 at the most by the end of 2030. But, price predictions say the average XRP price will be around $8.87 by the end of 2030.
Litecoin has been one of the top gainers over the last couple of weeks.
The main reason for Litecoin’s price uptick is The Merge – Ethereum’s switch from proof of work to a proof of stake system.
Litecoin mining difficulty indicator increased by 3% in the last week. Also, Litecoin’s hash rate increased by 7% in the last week.
It is always a good sign when the hash rate increases. This signifies the network is more secure, which contributes to higher prices in a long run.
However, Litecoin’s price didn’t turn green in the last 24 hours due to the bearish market. Its current price is $52.73 – 1.69% lower than in the previous 24 hours.
But, Litcoin can be a good investment long-term.
The predictions say the coin will reach around $57.5 by the end of 2022.
In 2023, Litecoin’s price can reach $97,3 at most.
In 2024, the LTC price will vary between $123.9776 and $143.84561, respectively.
By 2025, LTC can hit as high as $214.2985, and by 2030, at least $1,121.26786.
Cryptocurrencies to watch this week – Final Verdict
We know that investment decisions depend on preferences and the level of risk aversion.
The 5 coins on this list have had a positive increase in the last couple of weeks, and their future looks promising.
But, both Litcoin and Ripple have faced a price upset before, so this can happen again.
That is why we suggest investing in either TAMA, IBAT, or LBLOCK.
Stability during difficult times like market crashes is one of the best indicators of good performance.
And these three tokens really proved themselves.
During the latest crypto crash, they were stable, and their price increased.