Ever since November 2021, cryptocurrencies have been in a serious bear market, going down from three trillion dollars to one trillion. This decrease was the only consequence of high inflation and the general economic situation in the world. However, it seems that the crypto market is starting to recover, and if you are looking for the best coins to invest in this week, here are our top picks:
- Tamadoge – The best crypto to invest in 2022,
- IMPT.io – New ecosystem that supports sustainability,
- Bitcoin – Always a good investment, especially for big investors.
What to Look Out for When Investing in Crypto?
Even though the crypto market is popular and well established, it is still a highly unregulated market where people can be victims of pull rugs and scammers. This is why it is crucial to know which project to invest in. It is also an unpredictable market where investors can make millions by investing small amounts of money. This is why it is crucial to know which project to invest in. When looking for crypto to invest in, you need to know how big the support of the community these projects have, what their price predictions are, and if those projects have a future.
Tamadoge – The Best Crypto to Invest in 2022
Tamadoge is a new meme coin with actual token utilization. Unlike other meme coins, Tamadoge has a strong use case and a highly defamatory design. TAMA is a coin you use in the Tamadoge game, where users can grow, battle, and breed their virtual NFT pets. The coin had a successful presale where nearly $19 million was raised.
Currently, the coin is available on OKX and OKX DEX, and the price is $0.03. The prognosis for this meme coin is good, and experts expect this coin to rise 10x or even 50x by the end of 2023.
According to the road map of the Tamadoge project, 5% of all used coins will be burned each month, and 65% of the remaining used coins will be distributed to the players who have the most Dogepoints. The project has a strong use case and the support of the community, so if you are looking for the best coin to invest TAMA should be your first pick.
Impt.io – New Ecosystem That Supports Sustainability
Impt.io is a large ecosystem based on blockchain that connects socially responsible companies and brands with individuals and other companies who wish to reduce their carbon footprint. The platform allows users, brands, and companies to reduce their harmful impact on the environment in the safest and most efficient possible ways. Currently, the project has the support of over 10,000 brand companies.
On the Impt.io platform, users can buy, sell or retire their carbon credits. These carbon credits are then minted into NFTs, which users can trade for fiat currencies or other crypto coins.
The great thing about this mining facility is that it is powered by a surplus supply of clean, green, renewable energy. The energy comes from hydroelectricity generated in the foothills of New Zealand’s Southern Alps.
Users will also be able to earn their IMPT tokens by shopping on the platform’s online widget, some of the world’s most popular brands that support this ecosystem.
Currently, the IMPT tokens are on presale and can be bought on the platform website for $0.018. The presale will last until 600,000,000 tokens are sold or until 25 November.
To buy IMPT tokens, you must first sign up on the Impt.io platform and purchase IMPT tokens with a credit card or crypto. After this, you can convert your IMPT tokens into carbon credits – these credits will be minted as NFTs, which you can hold or sell.
As you may know, the price of presale is almost always the lowest price, so if you are looking for a coin to invest in while supporting sustainability, then IMPT tokens are your best choice.
Bitcoin is Always a Good Investment, Especially for Big Investors
Bitcoin is one of the world’s most popular and most expensive crypto coins. It could be said that the price of Bitcoin determines the price of all crypto markets. According to CoinGecko, BTC prices have been on the rise by 5% in the last couple of weeks reaching the price of $19,973. At this point, BTC will almost certainly restore its former glory from 2021, when its price was over $65,000.
The BTC is one of the world’s most popular coins with a strong use case, and since it has a high deflammatory design, the price of this coin will continue to rise in the future. Also, the coin has strong support from the community and the trust of the investors as one of the most reliable coins to invest in. If you don’t have a large amount of money to buy Bitcoins, you can always invest a fraction of the coins through some popular crypto brokers’ platforms.
Is Investing in Crypto a Good Idea?
Even though we are experiencing the crypto winter and the decrease in prices of all crypto coins. This situation is not caused by the crypto market itself. The economic situation in the world is one to blame for why we see this crypto crash. And nowadays, we can see that the crypto market is slowly recovering and that it should restore its previous glory.
However, you should know that the crypto market is unpredictable and that no one can guarantee that you will see a positive return on the investment. However, if you spread out your crypto coin portfolio, you will increase the chances of earning some profit. Also, if you invest in projects that are developing and are on presale, you will most likely earn a profit.