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The Fed or Federal Reserves are in charge of all international markets, and they are the ones who set interest rates, banking fees, and everything in between. It looks like the Fed has its work cut out for 2022, as the entire world is on the brink of a recession we've never seen before.
The current state of the markets affects all blockchain projects equally. Almost every listed cryptocurrency lost more than 50% of its value after the crypto crash, and no one can say if they will ever recover. However, now is the perfect time to invest in cryptocurrencies since they are the cheapest in over two years. The tricky part is finding the most-promising blockchain projects with the highest chances of recovering from the crash. Here's a list of our top choices and a detailed explanation of why we think they are the best crypto to buy this year.
1. Tamadoge (TMD) – Best Crypto to Buy Before The Next Fed Meeting
2. Battle Infinity (IBAT) – Best Crypto to Buy In 2022 Runner Up
3. Lucky Block (LBLOCK) – Best Competition Platform With High Gain Potential
4. Solana (SOL) – Best Crypto to Buy Based on Smart Contracts
5. Stepn (GMT) – Web3 Lifestyle Health App With GameFi Features
The Federal Reserve is facing all kinds of challenges and has to find a way to reduce inflation to battle the effects of the recession. Their next meeting on July 27, 2022, is expected to keep raising rates by the end of the year to reduce inflation from the current 9.1%. Fed meetings traditionally impact crypto markets and digital asset prices, so investors must keep their eyes open to find the best offer. Keep reading as we go over the best crypto to buy before the next Fed meeting.
You might wonder, what does the Fed meeting do with the crypto markets? Well, it doesn't only affect the state of the markets; it changes the game completely. Namely, if the Fed increases interest rates too much, crypto markets will start falling apart. The rising interest rates, record inflation, and a potential recession just behind the corner are pushing more and more investors away from commodities, cryptocurrencies, stocks, and other markets.
If the Fed comes up with an aggressive plan, the stock markets will be the first to dip, followed by crypto markets and most other industries. The Fed increased interest rates last month, pushing the entire crypto market over the edge. Countless investors lost their life savings as they watched Bitcoin and Ethereum lose over 70% in value. Those who still hold on to their tokens expect the markets to bounce back, but no one can say what will happen before the next Fed meeting.
Political and economic uncertainty keep increasing the risk and volatility of the crypto markets, and telling if the markets will recover by the end of the year is anyone's guess. So we'll have to hope for the best and prepare for the worst.
The current state of the markets is increasing volatility even further, which makes it harder to pinpoint the best crypto to buy this year. We did all the hard work for you, comparing hundreds of popular blockchain projects to find the ones that might go 100X after the next Fed meeting.
However, everything depends on the Federal Reserves, so take all the following information with a grain of salt. If the Fed doesn't increase rates by more than 75 basis points, the markets should recover by the end of the year. Let's look at our top choices for the best crypto to buy before the next Fed meeting.
Tamadoge is one of the most promising crypto projects in 2022. It's still in presale, but it's building a loyal community as time passes. It's a blockchain metaverse project based on a popular game from the 90s called Tamagochi. Like the original game, Tamadoge puts you in the role of a pet trainer, and it's your job to take care of your pet.
The project does a great job of combining numerous popular blockchain features into one exciting game set in a vibrant metaverse. The game's core is based on the play-to-earn formula, meaning that every active player is rewarded with TAMA tokens as they progress. The tokens are then used to upgrade your pet, buy in-game items that work as NFTs, purchase food for pets, and much more.
TAMA tokens work as the utility token for the project, but they will also be readable once the project goes live in 2023. Tamadoge is a meme token expected to become the next Doge and Shiba Inu. It's fully KYC'd on CoinSniper, which means it has an anti-rug pull mechanism.
All smart contracts are audited by Solid Proof, and all TAMA transactions will have a zero-tax protocol. The project roadmap says that the Tamadoge NFTs will become available in Q4 2022, allowing investors to mint NFTs, and start caring for their pets. Tamadoge is first on our list of the best crypto to buy because it leverages the Doge brand to attract investors, which could lead to a 100x growth opportunity.
Battle Infinity is another crypto expected to become one of the best performers on the market. It's an Indian-based project built according to the best industry practices. India is quickly becoming one of the leaders in blockchain development, especially on Polygon Matic. However, Battle Infinity is built on top of the Binance Sensible Chain, and its mix of features makes it one of the best-designed blockchain projects we've ever seen.
The entire project is set in an incredibly well-designed metaverse where players can meet, talk, exchange in-game items, build virtual homes, and compete for valuable prizes. The Battle Infinity ecosystem is divided into six categories, each offering various activities and opportunities. The project uses the play-to-earn formula, so players get a chance to win more tokens they can use to purchase in-game items, upgrades, etc.
Battle Infinity's native token, the IBAT token, can be used to customize your avatar, purchase NFTs from the Battle Store, and much more. Like Tamadoge, Battle Infinity is also entirely KYC'd on Coinsniper, so it has an anti-rug pull system. That alone can make a massive difference to your ROI. Crypto experts far and wide agree that Battle Infinity has the potential to become the next Axie Infinity, but we'll have to wait until Q4 for the official launch to see how it turns out. You can buy IBAT tokens in presale for $0.0015, and if everything turns out as planned, you are looking at 100x gains or more.
Lucky Block was one of the most successful blockchains in 2021. It's the world's first completely decentralized NFT competition platform where every player has the same chance of winning. The project saw a massive gain of over 7,000% within the first three weeks after launch, and its sudden success resulted in all kinds of new features and possibilities.
After the success of the LBLOCK token, which works as the project's utility token, Lucky Block enrolled a collection of 10,000 unique NFTs called the Platinum Rollers Club. The collection also attracted thousands of investors, which shouldn't be a surprise, as every NFT holder gets lifetime access to valuable daily prize draws. Unfortunately, like most other cryptos, the LBLOCK token has lost over 50% of its value, so you can buy it at a discount and wait until the price increases.
Moreover, if you decide to purchase at least one LBLOCK NFT, you can enter all competitions and win prizes like a $1 million house, $1 million in Bitcoin, a new Lambo, tickets to the FIFA world cup, and much more. Furthermore, NFT holders also get daily rewards equal to 1% of the competition profit pool, which is a nice bonus. Finally, LBLOCK plans on adding another token called LBLOCK V2 later this year, which will drive the price of existing assets even higher. Lucky Block is an excellent choice if you're looking for the best crypto to buy before the next Fed meeting.
Solana's success in the past two years is unmatched by any other blockchain project that appeared in the same timeline. It was launched in 2020 and has already become one of the most popular platforms among dApp developers. Solana's smart contracts and the play-to-earn formula keep attracting new investors, and there are currently over 150 projects in development.
Solana has all of the features you could ever need from a blockchain platform. It's got state-of-the-art smart contracts built on top of the Ethereum blockchain, which makes it an excellent option for Defi apps, NFTs, metaverses, meme coins, and much more. The platform's native token, called SOL, works as a utility token, and it's one of the rare cryptocurrencies that experienced a growth of over 130000%.
Solana's potential is not to be ignored. Its incredible stability and safety keep attracting new investors and dApp developers. Considering the number of projects in development right now, Solana is one of the best crypto to buy before the next Fed meeting. Moreover, judging by the previous bull run, Solana might outgrow all expectations by the end of the year. SOL token price predictions say that a single coin will reach $179.57 by 2025, a massive increase from $36.63 where it is today.
Last on our list of the best cryptos to buy before the next Fed meeting is StepN, the most popular move-to-earn blockchain project on the markets. Move-to-earn or M2E is similar to play-to-earn, but instead of passively playing virtual games to win tokens, StepN rewards players for staying active. So, for example, every time you move, run, or go to the gym, the app will count your steps and reward you for meeting daily goals.
All you need to do to start making money while running is to download the StepN app, register an account, and buy your first pair of virtual sneakers. Four types of sneakers are available, and you can find them in the in-game store. Each pair of sneakers works as an NFT, so you can trade or sell them at any time in the future. The StepN app uses GPS tracking to monitor your progress, and you can always check your score by looking at the global leaderboards.
As you move around, you win GMT or Green Metaverse Tokens, and the more you move, the more tokens you get. StepN is one of the most exciting blockchain projects on the market, and it's the perfect choice for beginners and those who spend a lot of time jogging or running. In addition, many traders think it will be the best crypto to buy before the next Fed meeting, so there's something to consider when investing in digital assets this year.
The crypto markets are consolidating, and everyone is eager to see what the Federal Reserve will do after the next Fed meeting. If everything turns out right, crypto markets could start to recover, but if not, things might look very dire for the entire industry in the future.
The five digital currencies we covered above look promising, but since there can only be one winner, our vote has to go to Tamadoge. It's the newest blockchain project leveraging the DOGE token's success to attract new investors. Tamadoge is an excellent investment option, and we can't wait to see the project go live later this year.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
