Bitcoin at risk of another fall – What the future holds for BTC
The crypto ecosystem has gone through groundbreaking changes in recent weeks. As Bitcoin struggles to recover from the crypto crash, other popular blockchains are reporting small gains. Ethereum has risen around 3%, while Solana rose 2%. The global cryptocurrency market capitalization increased by 2% in two days, again reaching $1.04 trillion.
Ethereum is about to complete its merger, likely resulting in a bull run. But as Bitcoin slows down, crypto traders started investing in new altcoins and metaverse projects. Battle Infinity is currently the hottest investment, so keep reading and we’ll explain why and how.
What do the experts say?
According to Edul Patel, CEO and co-founder of Mudrex, popular crypto investment platform, cryptocurrency markets have been quite rigid since 2018. However, blockchain technology has what it takes to increase market flexibility and foster a transparent environment.
Transparency is a must, as it attracts small investors and helps increase daily trading volumes. New investors look for platforms with the highest security and lowest fees. Traditional banking is becoming unmanageable for many investors, which is why they are diversifying into new markets, including cryptocurrencies.
The worldwide inflation and the looming financial crisis are changing the rules of the game, and the growing interest in low-cost cryptocurrencies is having a negative effect on Bitcoin. The world’s leading crypto has high fees, and since September is traditionally the worst month for Bitcoin, we will likely see another price drop in the next month or two.
Ethereum is improving
Ethereum Classic is the world’s leading smart contract platform used to host countless other blockchain projects and decentralized applications. Its original token ETC, is going through massive changes. The token increased by over 8% in the last two days, primarily due to the upcoming merger, which will introduce a proof-of-stake system instead of the proof-of-work approach.
ETC is becoming a popular alternative among crypto miners, which is helping to push the price back up. ETC reached the $45.70 area earlier in August, and after falling to the $30 level, the crypto continues to report lower highs almost daily. Although the token is expected to continue growing over the next few months, it is unlikely to reach its previous highs in August. The indicators look better, but the reversal trend is still missing. A true bull run can only happen if the $37 mark is broken, but ETC is likely to stay below the $40 level.
Investors moving to new cryptos
The leading cryptos in the market are likely to slow down significantly due to financial uncertainty around the world. Savvy investors are well aware of the current situation, so many have started diversifying their investments into other cryptos known as altcoins. However, the 2022 crypto crash affected all cryptos equally, slowing their growth and reducing returns. Still, the rules are changing, so investors are looking for new, emerging blockchain projects with plenty of room for growth.
There are dozens, if not hundreds, of cryptos in the works, but most struggle to attract new investors and raise enough money to complete development. However, Battle Infinity, a new fantasy sports metaverse project, went live a few days ago and has already received over 360, surpassing all price predictions for 2022 on day one.
Battle Infinity – A new Fantasy Sports Metaverse project is taking off
Battle Infinity is a fantasy sports platform set in a living metaverse where players can meet, build virtual real estate, create unique sports teams and battle each other. The project has been announced for the past two months and the official token sale sold out all IBAT coins before the expiration date.
IBAT tokens first appeared on PancakeSwap two weeks ago. The presale price was $0.0015, so IBAT gained almost 350% as soon as it appeared on PancakeSwap. However, IBAT tokens are now also available on the LBank exchange. The initial CEX listing pushed the price of IBAT tokens to $0.0067, making for a total gain of 700% in less than two weeks.
However, it is only a glimpse of what we can expect from the IBAT tokens in the future. Battle Infinity is a project that caters to two multi-billion dollar industries, so it’s likely to continue to grow over the next year or two. The platform is fully KYC’d on CoinSniper, so it has an anti-carpet pulling mechanism, and its smart contracts passed a Solid Proof audit with flying colors. The platform offers six exciting features, all set in a metaverse. They are:
- IBAT Battle Arena
- A native token swap called IBAT Battle Swap.
- A built-in NFT market.
- Loads of IBAT Battle Games.
- IBAT Battle Stakes.
- IBAT Battle Arena
Battle Infinity as an excellent investment option
When Bitcoin and Ethereum struggle to achieve 1-5% growth, Battle Infinity has already gained over 700%. Savvy investors are on to something here, and if you act right now, you can join the hottest blockchain project in 2022 and enjoy massive returns along the way.
