While lots of investors dread crypto bear markets and only look for ways to cut their losses, there are also those that think of it as a perfect opportunity to capture low crypto prices.
Ever since May, the entire market has been sinking further and further, with the total cap of cryptocurrencies decreasing by over 20%.
However, there are some tokens that have stood their ground and performed better than the rest.
In this article, we’ll go over the top 5 cryptocurrency July 2022 that are regarded as safe investments even in a crypto bear market this severe.
Top 5 Cryptocurrency July 2022 – Quick Outline
By now, you’re probably already aware of how important it is to do a thorough analysis of the crypto market before you decide to invest in a particular coin.
In a crypto bear market, the importance of this analysis triples.
Here is a quick rundown of the top 5 cryptocurrency July 2022 that you should invest in:
Top 5 Cryptocurrency July 2022 – Detailed Analysis
Okay, so now you know which the best cryptocurrencies to invest in a crypto bear market are, but we still haven’t explained why.
Let’s go through a detailed analysis of these cryptos and check out what makes them stand out.
Tamadoge – Overall the Best Crypto 2022 to Buy in a Bear Market
It’s a well known fact that if you invest in crypto projects early on, you can get some incredible returns in the future. Tamadoge is currently the best crypto to buy in a bear market because its in its earliest stages, and is available in presale right now.
The project aims to become the next big thing in the meme coin ecosystem, and it’s very serious about reaching its goals. Tamadoge belongs to the same universe as Dogecoin, and it uses the success of the DOGE token as leverage to attract new investors very successfully.
However, unlike all meme tokens before, Tamadoge actually provides utility for its native token called TAMA. Tamadoge is the first meme coin project taking place in a metaverse, or in this case, the Tamaverse. TAMA tokens are used for all transactions within the Tamaverse, and it comes with zero transaction fees. Therefore, every time you buy, sell, or exchange an in-game item, you’ll need TAMA tokens to complete the transaction.
The core of the game revolves around taking care of virtual pets. As they grow, they develop new skills and powers, making it easier to win games and win Dogepoints. The players with the most dogepoints at the end of each month get extra TAMA tokens as rewards.
Tamadoge is loosely based on a popular game from the early 90s called Tamagochi. Like in the original game, you have to take care of your virtual pets, and make sure they are always fed and healthy. However, this time you get to do it in a vibrant virtual world.
You can purchase TAMA tokens in presale until October of 2022. Each token is $0.01, and the minimum purchase is $150. You’ll need to exchange USDT or ETH tokens for TAMA coins, but you have to do it quickly, as half of the 1 billion tokens have been sold already. If you decide to buy TAMA tokens, you will become one of the early investors, so you can expect to get the highest gains in the future.
How to buy TAMA?
Beta presale of this token started on 25th July 2022. The Beta presale should end on 2nd September, and the general presale – following the presale- will end in Q4 2022.
Everyone interested can buy TAMA with ETH or USDT, and there is no minimum amount of money required for the purchase. However, the Tamadoge team advised everyone who wants to buy the tokens to make the purchase of a minimum of $150 worth of ETH or USDT.
The price is $0.01 for 1 TAMA or $100 for 10,000 TAMA.
Here is a short guide on how to buy TAMA tokens:
- Set up your wallet – Tamadoge uses Metamask or Trust Wallet to store tokens.
- Obtain ETH or USDT – You will be able to buy TAMA with these funds
- Visit the Tamadoge website – This is where the presale happens.
- Make a purchase – Click on Buy, then click on Connect wallet and connect your wallet.
- Buy Tamadoge – Enter the amount of TAMA coins you want to purchase and click Convert ETH.
- Claim your tokens – Once the presale ends, you can collect your tokens by clicking the Claim button on the website.
Lucky Block – The Safest Crypto Bear Market Investment
Out of our top 5 cryptocurrency July 2022, Lucky Block stands out as one of the safest investments you can make.
Lucky Block is a NFT competition platform and it’s one of the rare tokens in the industry that have successfully withstood the challenges of this devastating bear market.
The hype around Lucky Block is determined by a few different factors.
Firstly, despite the bear market, Lucky Block has achieved some great results. After it was released in January, it only took a few weeks to bring investors a 12,000% profit.
Next, it had a trading volume of $3.8 million on the very first day of listing and it’s the fastest token ever to reach a $1 billion valuation.
And finally, we should also mention that Lucky Block isn’t only famous for its crypto. The developers have also created a Lucky Block NFT series called “The Platinum Rollers Club” that’s set to skyrocket in the following period.
Battle Infinity – Best Crypto 2022 to Buy in a Bear Market Runner Up
You know those famous stories where traders explain how they got into a project early and it eventually made them millions?
Well, Battle Infinity is a brand new coin that might be able to do just that.
Soon launching as the first NFT-based crypto gaming platform ever, Battle Infinity is on its way to becoming the hottest and best crypto in 2022.
This amazing project was developed in India and it’s only one of the cryptos from this country that have been gaining attention lately – just look at the success of Polygon Matic.
Battle Infinity also has its own metaverse (the Battle Arena) in which users can opt for a variety of P2E battle games or fantasy sports.
Since this game is considered to be the next Axie Infinity, there are already a bunch of players waiting in line to join the action.
If you’re not familiar with what happened to Axie, the game was at the peak of success when it was taken down by a hacking attack that cost the project more than $600 million.
Developers of Battle Infinity have taken certain measures to prevent this from happening to them, and one of them is complete revenue transparency. All of the rewards will be allocated directly from the stake pool.
The project’s native currency is IBAT – a utility token based on the Binance Smart Chain network and operating on the BEP-20 protocol.
IBAT provides value to all of the ‘valueless’ assets, characters, and objects in the game. It’s also used for staking, transactions, trading, and other activities.
Another thing that makes Battle Infinity a ‘safe bet’ in a crypto bear market is that it doesn’t come with any “rug pull” danger.
This is because it’s KYC-verified by CoinSniper and audited by SolidProof.io.
The six main products of Battle Infinity are:
- Battle Market – Functions as an NFT marketplace. Here, players can trade, buy, or sell any assets that are in the form of NFTs.
- Battle Store – The place where all the different P2E games can be found at. Additionally, the battle store can be used for trading characters and purchasing other assets.
- Battle Swap – Spot for token swapping. Since there aren’t any third-party intermediaries, the battle swap is regarded as a decentralized exchange and bank.
- Battle Stake – IBAT staking platform. Used for generating a yield on token holdings.
- Battle Arena – Battle Infinity’s metaverse where all the other products can be found.
- Premier League – The primary game and feature. Players in the premier league build their own teams with various athletes. Based on the athlete’s real-life performance, teams compete with one another for a chance to win amazing prizes. The premier league is the world’s first NFT-based fantasy sports game that’s also decentralized.
Aside from playing games and fantasy sports, Battle Infinity users can also interact with each other and work together. They can team up and increase their chances of getting the rewards.
Some additional features that make Battle Infinity a great crypto bear market investment are:
- Tradability – Each in-game NFT is tradable and can be sold for real money.
- Tokenized reward mechanism – Players receive all rewards in form of IBAT tokens.
- User-friendly blockchain experience – Battle Infinity is suited for both beginner and professional gamers.
Combining all these factors that we’ve gone through, it’s safe to say that Battle Infinity is one of the best crypto 2022 to invest in during the crypto bear market.
DeFi Coin – Crypto Bear Market Coin with Huge Potential
Since it’s yet to reach massive popularity, DeFi Coin stands as the token with the most potential in the crypto bear market.
This crypto is the native currency of the DeFi Swap (DEX) decentralized exchange that allows users to swap, stake, and yield farming services.
The exchange is also popular due to its incredible DeFi interest rates for DeFi Coin token holders.
Even though it took a bit more time than anticipated to fully develop the DeFi swap, once it was officially launched in May, the price of DEFC increased by a mind-boggling 300%.
Aside from being the exchange’s native currency, DeFi Coin comes with a few more interesting utilities.
One of them is ‘static rewards’ – every time someone buys or sells a DeFi Coin token, they are charged with a 10% tax fee.
From this tax fee, half of the money goes directly to DEFC owners as a reward, granting them passive income, while the other half is allocated to the platform’s liquidity pools.
To ensure investors that this isn’t another ‘get rich quick’ scam, the DEFC developers have also introduced a manual burning program.
Due to these features, DeFi Coin has already managed to capture the attention of every experienced crypto investor in the community.
Currently, this crypto can be purchased on BitMart, one of the industry’s leading exchanges, at a price of $0.123467 per token.
The team behind DEFC has announced that there will be plenty more features being released in the following period.
For instance, they are working on a DeFi Swap V2 platform that will offer technical analysis, crypto news, webinars, and more.
Plus, the DeFi Swap mobile app will be released in the next few months and they plan on including a bunch of educational content within it.
Ethereum – Best Crypto 2022 for Smart Contracts
Regarded as Bitcoin’s ‘younger brother’, Ethereum has been one of the leading cryptos in the industry for years now.
One of the main reasons for this is that Ethereum’s blockchain is the most commonly used network for dApps (decentralized apps) in the world.
Ethereum has cutting-edge smart contract functionality and its blockchain is the perfect ‘habitat’ for these decentralized apps.
Using smart contracts means that you avoid any third-party middleman interferences, making all the transactions completely decentralized.
The main issue that Ethereum has experienced in the last few months is the incredibly high gas fees.
Fortunately, the developers have found a way to resolve this – Ethereum 2.0.
Ethereum 2.0 will be used to remodel the proof-of-work protocol into a proof-of-stake protocol, a system that’s supposed to be much more effective.
This will have a huge impact on blockchain scalability, while immensely reducing gas fees at the same time.
Ethereum 2.0 is expected to be released by the end of the year, which is why ETH stands out as one of the top 5 cryptocurrency July 2022.
Making investments during a crypto bear market can be scary, to say the least.
However, if you do the necessary research and gather enough information on high-potential projects, you can easily make the most out of this unpleasant market situation.
If you want your bank account to have a few more zeroes in the following months, then you should check out Battle Infinity, the best crypto 2022.