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The cryptocurrency has barely moved in the past 24 hours. With a total cap of $1.11 trillion, it was down 0.5% on the previous day, but up 6% on the week. It’s down 9% over the past 30 days, meaning there’s plenty of scope for further recovery. For this, this article collects the 5 best cryptocurrencies to buy at cheap prices. These are coins that are sold at a large discount, and therefore show the potential for overvaluation.
5 best Cryptocurrency to buy at cheap prices
1. Battle Infinity (IBAT)
IBAT is down 1% in the last 24 hours, down to $0.00384736. That’s 13% off in one week and 13% off in two weeks.
IBAT is down 31% from its all-time high of $0.00554060 recorded 14 days ago. This may be disappointing for some investors, but it is encouraging to note that after getting its initial details, it has remained in a tight range and is swinging wildly like some newer coins.
For those who don’t know, Battle Infinity is a crypto gaming platform that sold out its pre-sale in two weeks. It announced its first listing on Pancake Swap on August 17, running on the Binance Smart Chain. It has since been listed on the CEX LBANK exchange, with deposits already live. It is also listed on the DEX Coin98, something that will open up to more liquidity and demand in the coming weeks.
if so # Coin98 exchange It’s a glorious galaxy, these are 5 new stars that will shine soon✨✨
We are glad to welcome you. $SNFTS $ TINU $ different $ALPHA $ luck
Easy shopping? ➡️ Shopping at https://t.co/G4R41zTuvU ?? pic.twitter.com/u4Z4c7NsJ4
– Coin98 Exchange (@coin98_exchange) September 4, 2022
With the development team mostly based in India, Battle Infinity’s sports-themed gaming metaverse features a growing number of games. The most interesting of these is probably the IBAT Premier League, in which users build their own virtual sports teams made up of NFTs’ real-life athletes. Spoken teams compete against each other, winners receive crypto-based prizes.
Over time, Battle Infinity will grow to include other crypto and NFT based games, as well as introducing its own competitive stock feature, its own DEX and NFT marketplace. Once completed, this will provide a deep ecosystem, and could help IBAT become a major altcoin in time. That’s why it’s one of our top 5 cryptocurrencies to buy for cheap.
2. Tamadoge (Tama)
TAMA is arguably one of the newest altcoins in the market. Running on Ethereum, it is a token native to the pet-themed Tamadoge metaverse, where users can spawn, raise, and battle each other’s NFT-based pets.
The pre-sale started in early August, and will end soon. Despite blowing past its initial goal of $2 million, TAMA continues to sell more and surpass new milestones, with $14.5 million raised at the latest count. Still, this sale is not over yet, and interested investors can buy TAMA tokens on the official website in exchange for ETH or USDT.
? We have now raised over $14,500,000 ?
Another chapter reached by #TamadogiArmy
⏰ We are selling fast! Don’t miss it ⏰
Grab some $TAMA Now at https://t.co/8e6aPKHhGC pic.twitter.com/a0nTF4Ptui
— Tamadogecoin (@Tamadogecoin) September 12, 2022
Although it looks like a meme token, TAMA has strong fundamentals, which come from the metaverse that surrounds it. The latter features game-to-earn features, where players can battle with their Tamadoge pets and earn rewards for doing so. In addition, they can sell their NFT-based Tamadoges on the secondary market, which offers a real potential for profit.
TAMA has announced the first exchange listing on LBANK when the pre-sale ends. This is impressive considering the fact that the pre-sale isn’t over yet. Tamadoge has over 62,800 followers on Twitter. That’s why it’s one of our top 5 cryptocurrencies to buy for cheap.
Join him. #Presale Be now and ahead of the game ?
Reminder: We checked LBank list after pre-sale, is it worth getting in early? You do math ??
Grab a few $TAMA Now on https://t.co/8e6aPKHhGC and prepare yourself for a beautiful ride ? pic.twitter.com/0tRG9K1Lwi
— Tamadogecoin (@Tamadogecoin) August 21, 2022
Visit Tamadoge
3. Polygon (MATIC)
MATIC increased by 3% in the last 24 hours, to $0.925886. This is a 5% gain in a week, a 13% jump in 14 days, but a 10% decrease in a month.
The MATIC indicators point to the start of the sequence. The Relative Strength Index (in purple) has risen to 60 over the past few days, indicating good – but not overbought – momentum. Likewise, the 30-day moving average (in red) is close to forming a golden cross with the 200-day (blue), indicating a breakout.
Regardless of time, MATIC is well-prepared for the future. As the largest layer-two scale network for Ethereum in terms of value locked in, it could benefit from Ethereum’s upcoming integration (sometime tomorrow). In the short and medium term, the merger will not improve Ethereum’s expansion, although it may increase the platform’s demand. Therefore, most of Ethereum’s increased traffic will pass through Polygon, increasing demand for MATIC.
On top of this, the MATIC has benefited from a number of Polygon updates over the past couple of months. For example, the polygon group He announced the launch of Polygon zkEVM on July 20A layer-two scale solution that uses zero-knowledge authentication and is fully Ethereum virtual machine-equivalent. It has revealed several partnerships in recent weeks, including with Starbucks. This development is now one of the 5 best cryptocurrency we can buy at a cheap price.
Guess what’s brewing today? ☕️@Starbucks Starbucks Odyssey announced # on the polygon!
A unique experience to discover and purchase digital collectible stamps and unlock new, desirable coffee experiences. ?
Read more ?? https://t.co/U8nKjUb8sY pic.twitter.com/nvJ37y9s0a
– Polygon – MATIC ? (@0xPolygon) September 12, 2022
4. LUCKY BLOCK (LBLOCK)
At $0.00074076, LBLOCK is down 6.5% over the past day. It’s also down 20% over the past seven days, but up a whopping 91% over the past 14.
LBLOCK indicators indicate capital. On the other hand, its RSI shows that the market is controlling the coin and now is a good time to buy. And last time, when his RSI was below 30, he enjoyed a recovery in the next day or two.
It is important to remember that LBLOCK remains a very new coin, but it is growing rapidly. It recently went live on Gate.io, and has also been listed on Uniswap, MEXC Global and LBANK exchanges in the past few weeks. Such details will undoubtedly be positive for him in the long run, which will result in greater price stability over time.
Jim # Lucky block army! ?️
Want to get into the Lucky Block spaceship? Now you can by purchasing V2. $LBLOCK On Uniswap! ?
Go to https://t.co/qG5Oj0Ls0s and don’t miss it! ? pic.twitter.com/YyFRSvEqAw
– Lucky Block (@luckyblockcoin) August 26, 2022
Things are looking good for Lucky Block in terms of fundamentals. It’s now running on Ethereum, a crypto gaming platform that allows users to enter prizes with a minimum guaranteed payout of $50,000. While these prize draws started in late May, Lucky Block has expanded its ecosystem over the past month or so to include various NFT-related contests.
Jim! Start your day with one of the Platinum Rollers Club #NFTs ?️
Lifetime access to one #NFT Draws, weekly contests and more are exclusively available #PRC NFT Holders! ?
Get it now at https://t.co/DppL2Cq1q6 ?#NFT competition #NFTs #NFT collection pic.twitter.com/nmvgVNvFOA
– Lucky Block (@luckyblockcoin) August 18, 2022
One of the most exciting features of Lucky Block is that LBLOCK owners can earn rewards for voting. Charities that receive a 10% share of each prize fund. This is more or less equivalent to a form of staking, which means that investors have the opportunity to make a profit just by holding the coin.
5. Ravencoin (RVN)
Besides Ethereum, Ethereum Classic and Polygon, Ravencoin could be one of the biggest beneficiaries of tomorrow’s integration. Native token RVN has already rallied in anticipation of a 15% correction, to $0.061789. This represents a 58% increase in one week and a 109% increase in two weeks.
RVN indicators are very strong right now. His RSI has been above 70 and even reached 80 in the last couple of days. This could be a sign that the rally is about to run out of steam or a strong bullish trend. The fact that the 30-day moving average has not yet crossed the 200-day mark suggests that further rallying remains to take the course.
As the market is trending with Ethereum Classic, Ravencoin may witness an influx of former Ethereum miners. It has seen daily tweets jump from just 150 to 2,000 in the last few days at the end of August, indicating an increase in interest and demand. It is not clear how long this demand will last, but when Ethereum miners have to go somewhere, it may be for a long time.
Unlike Ethereum Classic, which is a layer-one utility chain, Ravencoin’s blockchain is focused on token issuance. Arguably, this makes it a bit better and more unique than Ethereum Classic, but this fact has not deterred new investors yet.
Your capital is at risk.
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