The cryptocurrency market has suffered a 3% drop in its total cap in the past day. At $1 trillion, it has also fallen by 2.5% in a week and by 16% in a month. These falls have occurred within a context of rising inflation and interest rates, suppressing global stock markets as well as crypto. However, given that the market downturn isn't for fundamental reason, continuing falls merely introduce discounts that create the conditions for bigger rebounds. Accordingly, here's our selection of 5 cryptocurrencies that could see a price boom this month.
IBAT has fallen by 3% in the past 24 hours, dipping to $0.00343016. This represents a 9% drop in a week and a 25% fall in the past fortnight. IBAT also happens to be 38% below its ATH of $0.00554060, set on August 30. Although this isn't anywhere near as big a drop from a record high as seen with more established coins.
IBAT is one of the most promising new altcoins on the market. It quickly attracted listings since selling out its presale in early August, becoming tradable for the first time on August 17th, via PancakeSwap. LBANK Exchange has also listed it more recently, as well as DEX Coin98. More listings are due soon, all of which will provide it with the liquidity to witness further gains.
Based on Binance Smart Chain, Battle Infinity is a sports-themed gaming metaverse. Still under development, it will feature a variety of NFT-based games, including the IBAT Premier League. The latter will enable players tp build their own fantasy sports teams made up of NFTs of real-life athletes. Said teams will compete against each other, with winners receiving crypto-based rewards.
In time, Battle Infinity will also grow to incorporate other crypto and NFT-based games. On top of this, it
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