5 Best New Cryptocurrency to Buy Now – August 2022 Week 1 – Crypto Investment News
5 Best New Cryptocurrency to Buy Now – August 2022 Week 1 – Crypto Investment News
The cryptocurrency market is up by 1% in the past 24 hours. At $1.113 trillion, its total cap has risen by 9.3% in the past week, and by 23% in the last 30 days. It is, however, still far below record highs set back in November of last year, meaning that it has plenty of room left to recover. This is particularly true in the case of newer altcoins. Many of the latter launched within the ongoing bear market, and have therefore never benefitted from bullishness. As such, many could be in for bigger gains than much of the market in the coming weeks. Accordingly, this article presents the 5 best new cryptocurrency to buy now, covering coins launched within the past 12 months or so. 5 Best New Cryptocurrency to Buy Now 1. Battle Infinity (IBAT)
Running on Binance Smart Chain, Battle Infinity (IBAT) is a play-to-earn crypto gaming platform that has launched its presale a few weeks ago. Making IBAT available at $0.0015, it has 68 days left to run, yet it has already raised over 8,000 BNB (c. $2.3 million). BSC Scan also reveals it now has around 3,500 holders, a number which has more than doubled in a week. 🎉Time to celebrate!
🙌🏼We have raised 50% of our hardcap within just a few weeks! Thank you for all the support and trust in our project. You’re making our dream come true!
❤️Presale is still live! Buy more $IBAT at: https://t.co/DK2YpI7EmB pic.twitter.com/rRTzKyQY0b
— Battle Infinity (@IBATOFFICIAL) August 3, 2022
With its most of its team based in India, Battle Infinity is developing a sports-themed gaming metaverse. This will consist in various games, such as the IBAT Premier League. The latter lets players build their own fantasy sports teams, made up of NFTs representing real-life sportspeople. They win points — and IBAT tokens — based on the performance of their teams. 💥INTERACT. PERFORM. EXPLORE.💥
BUILD YOUR OWN STRATEGIC TEAM AND BATTLE IN THE NEWEST NFT-BASED FANTASY SPORTS GAME – BATTLE INFINITY!
10,000,000,000 TOKENS AND LIMITLESS OPPORTUNITIES‼️
JOIN NOW 👉https://t.co/6STv8jClXT #presale #Cryptocurency #Blockchain
— Battle Infinity (@IBATOFFICIAL) July 15, 2022
On top of the IBAT Premier League, Battle Infinity will also be adding crypto and NFT-based games, as well as a competitive staking feature, its own DEX and an NFT marketplace. These plans have helped it attract lots of interest, with the project already trending in Twitter in various regions. This is why it could be big, and why it’s one of our 5 best new cryptocurrency to buy right now. We’re again trending in India! What a beautiful sight🔥 pic.twitter.com/IYs4I6LJj7
— Battle Infinity (@IBATOFFICIAL) July 25, 2022 Buy IBAT Now in Presale 2. ApeCoin (APE)
APE has jumped by 16% in a day, reaching $7.36. This represents an increase of 28% in a week and 61% in a month.
APE’s indicators have shot up since the beginning of the month. From 30 barely a couple of days ago to nearly 70 as of writing, its relative strength index (in purple) highlights considerable momentum.
APE is the governance token of the ApeCoin DAO, which oversees the Bored Ape Yacht Club NFT-based ecosystem. It’s rising for a couple of reasons, with the first being that it’s making up for previous losses. Secondly, ApeCoin has announced that none other than Gucci will be accepting the altcoin as payment for goods in select US-based stores. Excited to announce that @Gucci will become the first major brand to allow customers to pay for purchases in-store with ApeCoin, via @BitPay. 🎉🎉🎉 https://t.co/ipoeW6lXLl
— ApeCoin (@apecoin) August 2, 2022
It almost goes without saying that this is a massive endorsement for ApeCoin. Gucci’s embrace of APE testifies that it will have wider utility than just being a governance token.
ApeCoin has also been rallying in recent weeks due to the demoing of its upcoming metaverse, dubbed the Otherside. Again, the imminent launch of the Otherside highlights how the Bored Ape Yacht Club is very likely to evolve well beyond being a trendy NFT collection. And with APE still 72% down from its all-time high of $26.70, set in April, it could rally big soon. This is why it’s one of our 5 best new cryptocurrency to buy. The Otherside is shaping up to be one of the most exciting things to happen in Web3.
Recently, the team dropped a detailed light paper that gives us a glimpse into the future of this metaverse.
Here’s a breakdown in 10 tweets 🧵: pic.twitter.com/ylHVYfhoTn
— 𝖕 𝖚 𝖋 𝖋 ❤️ nft (@PuffYatty) July 18, 2022 Buy ApeCoin Now 3. Lucky Block (LBLOCK)
LBLOCK has dropped by 29% in the past 24 hours, falling to $0.00155435. It is, however, up by 53% in a week and by 71% in the last 30 days.
Thanks to its recent rally, LBLOCK has now appreciated by just over 260% since launching in January. It’s also down by 83% since its ATH of $0.00974554 from January, meaning it has plenty of ground left to recover.
There was one main reason for its recent surge: the launch of the Ethereum-based, second version of its coin. $LBLOCK V2 token is now LIVE on @MEXC_Global! 🔥
Become a holder of V2 token, that has gained 250% in the first couple of days and is expected to continue rocketing!🚀
Simply
➡️And buy $LBLOCK now!🤞#crypto #ToTheMoon #altcoin #Next100XGEMS pic.twitter.com/b4H9Bhit8q
— Lucky Block (@luckyblockcoin) August 1, 2022
Already live on LBANK Exchange and MEXC Global, the V2 version of LBLOCK has already opened the coin up to more demand. This will increase in the coming months, as more exchanges add to their platforms.
There are also other fundamental reasons why LBLOCK should continue rallying. Firstly, Lucky Block expanded its ecosystem to include various NFT-related competitions. By purchasing a Lucky Block NFT, users will be able to enter different draws. This includes draws for Bored Ape Yacht Club NFTs, $1 million in bitcoin, a luxury holiday, a FIFA World Cup package, and also a house worth $1 million. With our amazing new #NFT competitions & rewards platform you’ll have a chance to win amazing prizes!
Competitions will include:
