3 Metrics Signal Crypto Bloodbath May Not Be Over – Tokens Set to Run in Reverse

Since Bitcoin hit its all-time high in November 2021, it has crashed by 73%, taking the rest of the crypto market with it. A few signs show that the crypto crash has not bottomed out, but the good news is that some coins are indicating a potential price pump.

Let’s take a look at the key metrics that signal the crypto market may fall lower.

1. Market sentiment

When Bitcoin crashed to just under $18,000 in June 2022, most of the crypto market was in extreme fear. And it stayed that way for several weeks before Bitcoin recovered a bit. The Crypto Fear and Greed Index measures market sentiment by evaluating several metrics.

And currently the market is still in fear. Many crypto experts believe that Bitcoin could crash further, and it seems that most of the market reflects that opinion. When the market is scared, it tends to sell for fear of lower prices.

2. Rising interest rates

Inflation has been a heavy burden for most consumers since global shutdowns. Not only has the price of gas risen drastically, but everyday necessities such as food and hygiene products have also increased. One of the ways the Federal Reserve has tried to fight inflation is by raising interest rates.

It has been gradually raising interest rates since March 2022 and plans to continue bringing consumer prices down. When interest rates rise, the dollar gets stronger. Investors see the dollar as a more attractive investment option and they tend to leave crypto holdings and securities so that they can hold more dollars to get high returns.

3. Recession

Several economists have warned of an impending recession. And they may be right considering some cryptocurrencies and stocks have lost more than 70% of their value. Big companies have laid off workers and most have less money due to inflation.

During a recession, people who have lost their jobs are desperate for money, and they tend to withdraw their investments to get it. To pay mortgages and daily expenses, investors sell their crypto assets to finance their lifestyles.

Cryptos That Can Explode During Crypto Market Crash

We have identified three crypto projects that could pump during a crypto crash due to their use cases and platform development.

1. Tamadoge

Tamadoge is an NFT project that was recently launched, but it shows enormous growth potential. While the crypto market has been in a slump, Tamadoge entered its beta sale a few weeks ago. The beta presale quickly sold out, and Tamadoge raised nearly $7 million during the presale.

The pre-sale lasts until the end of Q4 2022, but the way things have been going, investors should get in on this future crypto project now before TAMA token prices increase significantly. One of the indicators that TAMA’s price could increase drastically is the listing on LBank, a centralized exchange. But TAMA will also be listed on Uniswap, a decentralized exchange.

The exposure of being on these exchanges means that more investors will have it in front of their eyes. This can lead to increased demand and subsequently price. Another factor affecting TAMA’s price is scarcity. The platform will burn 5% of all tokens spent on the platform.

Players can earn rewards on Tamadoge by competing for the highest rank on the leaderboard by grooming and breeding pets. Investors are rewarded with entertainment and TAMA tokens, which they can exchange for other currencies.

Tamadoge is definitely a crypto to buy in a crash due to its popularity during the pre-sale and developments like a P2E Arcade, which will make interacting with pets more realistic.

Investors who want the latest updates on this cryptocurrency project can stay updated by subscribing to the Tamadoge Telegram channel. (Administrators will never contact subscribers first)

Visit Tamadoge

2. Battle Infinity

Battle Infinity is an NFT-based sports game that allows players to earn by entering six different platforms. Investors can start this game to earn crypto games by buying the IBAT token on Battle Swap.

Players can monetize their land or spend tokens on billboards in the IBAT Premier League, Battle Arena and Battle Games. But players can also earn by entering the Battle Stake, allowing players to choose between solo, duo and cash stakes.

This NFT project gives players the opportunity to compete for the highest rewards, but it also rewards the most active players from the global stake pool with IBAT tokens. Players can exchange IBAT tokens for fiat currencies.

The game’s popularity was proven during the pre-sale, which was supposed to last 90 days, but sold out within 25 days. Because demand for IBAT after pre-sales grew, investors wanted it listed on a stock exchange. And it was listed on PancakeSwap on August 17, 2022. That listing was so popular that investors who bought IBAT during the presale saw the coin pump by 700%.

IBAT has proven to be one of the best cryptos under $1, and investors who missed the presale and initial decentralized offering (IDO) can still buy the coin on PancakeSwap.

The best way to stay informed about the project’s development is by joining the Battle Infinity Telegram channel.

Visit the Battle Infinity website

3. Lucky Block

Lucky Block is an NFT competition platform that provides several great prizes for Lucky Block NFT holders to win. Some of the prizes include a house worth $1 million, a Lamborghini and $1 million in Bitcoin.

For investors to have a chance to win these prizes, they must have LBLOCK, the platform’s native token. Another major benefit of owning LBLOCK is the potential capital gain. Investors who bought the coin when it debuted in January 2022 have profited handsomely.

But this platform is constantly looking for ways to innovate, so it has developed LBLOCK V2, an ERC 20 token – investors pay zero tax on buying or selling the token.

It seems that the coin is pumping when it is listed on exchanges. So far, there has been an LBLOCK listing on LBank and MEXC. Gate.io has announced that they will list LBLOCK V2 on September 1, 2022. Could it be possible that LBLOCK will have a different price pump when Gate.io lists it?

The only way to avoid missing another potential price pump is by buying LBLOCK.

Visit Lucky Block Site

Conclusion

The crypto market crash has brought most altcoins down, but a few cryptocurrencies have proven to be popular crypto winter tokens. And that is evident from their market demand and stock market listings.

One of these coins is Tamadoge. It has raised nearly $7 million during the pre-sale, and the listings on LBank and Uniswap could potentially boost demand for TAMA even more.