Although Ethereum has dominated the market in recent years, it did not stay at the top of the ladder for long. In 2018, the volatility of high-end cryptocurrencies became more pronounced due to the volatility of market prices. Against the background of price volatility, the number of cryptocurrency users is increasing, more altcoins are released. Six altcoins emerged as big winners in the cryptocurrency market this week.
The average cryptocurrency trader may see the emergence of these altcoins as something unexpected. However, experts predicted this result from the beginning of September. Therefore, every serious cryptocurrency investor should look out for coins that will give them extra weekly profits . Now you can easily consider investing in these coins as you have a chance to get huge profits in return.
This is not the first time five cryptocurrencies have dominated the market. So, you might ask, which altcoins are back on top? Why are these altcoins in the crypto market all this week? Read on for more information.
Here is a list of the top 6 winners in the cryptocurrency market this week
Here is a list of the top five cryptocurrency players to watch this week:
- I'm used to it
- VAT
- Endless war
- Lucky block
- Ether
- Binance Coin
Tamadog (TAMA)
Tamadog refused to become a regular memecoin after the Dogecoin order. Coin builds a robust Metaverse environment by developing various cryptographic features. Some of these features are; Play-Earn (P2E), Tamadog Pets and Tamadog Exchange.
Crypto traders are currently buying Tamadogen on the OKX exchange. However, the coin's developers expect to launch the Tamadogen AR app in 2023. A Tamadog typically has a maximum of 2 billion tokens in circulation at the time of production.
This crypto project allows players to trade their local currency, TAMA, with no transaction fees. Tamadoge is a unique cryptocurrency that allows traders to use NFT cattle to earn large amounts of digital coins. A collection of cryptocurrency experts and enthusiasts, software engineers, developers and markers will work together to further promote Tamadoge to the crypto community.
Experts predict that by 2023, Tamadogg could cause a 100-fold increase in price. Research has shown that investors who participated in the Tama coin sale received a 180% return on investment from day one. The bullish behavior of TAMA coin is faster than ever, especially when it is listed on the OKX exchange. So you can take advantage of Tamadoge trading by visiting the exchange or visiting LBank when TAMA goes live on Wednesday 5th October.
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VAT
Have you ever wondered if it is possible for a cryptocurrency project to focus on creating a socially responsible environment? Well, if not, it's very possible. And all thanks to IMPT.
IMPT simply stands for Multipurpose Preventive Technologies Initiative. It's a platform that helps companies and individuals connect with brands to reduce their overall carbon footprint.
It's more than just a crypto project - it offers simple and effective ways to help fight climate change. There are many companies around the world that contribute to greenhouse gas emissions, and IMPT offers a solution using carbon credits.
Emission credits help prevent emissions - proven climate protection projects have created. And one carbon credit equals one ton of carbon emissions. Therefore, companies and individuals that contribute to these emissions can receive carbon credits to offset their emissions.
You can earn carbon credits by participating in the purchase of IMPT partner brand products. Collect points that can be converted into CO2 credits when you shop. Better yet, you can issue carbon credits in the form of NFTs that can be traded on the IMPT market .
IMPT will grow to over 10,000 brand partnerships where users can earn carbon credits to reduce their carbon footprint. The platform is growing and helping to promote a green and carbon-free environment.
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Infinity War (IBAT)
You should not sleep on one of the best cryptocurrency projects launched in 2022. August was a successful month for IBAT holders as the price increased from $0.0015 to $0.11 per token. Although cryptocurrency enthusiasts are predicting a huge price increase by the end of 2022, the prediction comes out in the first week of October.
Battle Infinity became very popular due to its additional features. Cryptocurrency traders can now share tokens to earn cryptocurrency, similar to Ethereum's proof-of-stake (POS) system. The developers of IBAT have combined several fighting games to be included in the NFT boxes.
The impressive story of IBAT has caught the attention of many cryptocurrency investors and traders. Thanks to its Metaverse-based concept, it provides a rewarding experience. The idea behind the project is to build an ecosystem where players can explore multiple game options. The IBAT game table is directly proportional to player rewards. On the other hand, Battle Infinity's price increase may be related to the recent listing on PancakeSwap.
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Lucky Block (LBLOCK)
There are several lottery systems in the gambling industry, but there have been no unbiased coins in digital cryptocurrency. Lucky Block players have an equal chance to win games with LBLOCK tokens. The payment method is clear and fast as players do not face any delays.
Early buyers of Lucky Block saw brisk sales in the first quarter of 2021. 32.5 billion tokens were sold in 49 days, resulting in huge profits for investors. Lucky Block's development doesn't stop there, as it continues to establish itself in the cryptocurrency landscape.
Since its launch on July 25, 2022, the Lucky Block coin has been exposed on many social media platforms. The older version of the digital currency BNB followed the blockchain model. On the other hand, the latest version is based on the Ethereum blockchain. Based on this development, traders can expect more exciting projects from Lucky Block in the near future.
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Ethereum (ETH)
Interestingly, Ethereum is not just a digital currency that thrives on past glory. It turned out to be one of the top 5 digital currency gainers this week. While many digital currencies have seen a decline in recent months, Ethereum has been steadily growing. Since Ethereum developers completed the Fusions project on September 15, Ethereum's price has been more stable than most cryptocurrencies, including Bitcoin.
The price of Ethereum has recently fluctuated between 1200-1500 dollars. Financial experts predict that the market may experience high volatility due to global inflation. This encourages traders to buy Ethereum now. The study also confirmed that the change will take place by the end of 2022.
The good news is that Ethereum investors benefit greatly from this high volatility. According to the latest price forecast, Ethereum could reach $4,000 with investor support. Regardless of what happens in the near future, financial planners advise crypto traders to increase their portfolios by investing in the Ethereum currency.
Binance Coin (BNB)
The developers of Binance Coin have built an extensive ecosystem that supports many services, including listing fees, exchange fees, and trading fees. BNB is built on the Ethereum blockchain and hosts cryptocurrency companies such as Binance Smart Chain. Unfortunately, during the explosion, Binance Coin experienced a price drop in 2020. However, as of May 2021, the coin reached $690, a positive change.
The uniqueness of Binance Coin lies in the ability of traders to systematically trade digital assets. Although Binance charges a transaction fee of 0.1%, traders can easily handle this payment using BNB. The huge market opportunities offered by BNB are contributing to its massive global adoption.
Final thoughts
The six cryptocurrencies mentioned above will stay high for a long time due to traders' high response to market trends. However, traders have shown more interest in Tamadoge, Lucky Block and Battle Infinity digital currencies. These new altcoins can compete closely with older altcoins in the cryptocurrency market.