Many seasoned investors and crypto aficionados have curled up in despair as a result of the crypto winter and the ongoing crisis owing to the FTX-Alameda crash.
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However, this is a great era for people who are confident in their research abilities, are not afraid of failure, and are committed to the field for the long haul. You can buy assets at a bargain during a bad market. Those who can pick the correct assets during this time frame and ride them out until the next bull run begins stand to make significant sums of money.
You should expect huge things from these alternative cryptocurrencies in the years to come:
Coin of the Ape (APE)
The Bored Ape Yacht Club (BAYC) utility currency, Ape Coin, is part of the infamous NFT hoard. The Ape Token is an ERC-20 utility coin with decentralised governance. Ape Coin DAO (Decentralized Autonomous Organization) gives users the power to vote on important network issues.
It’s likely that Ape Coin will appreciate in value over the next few years due to the rising demand for Bored Ape Yacht Club (BAYC) NFTs. Over the next five years, APE’s price is projected to increase by +956.99%, according to Wallet Investor AI.
Wage war against infinity (IBAT)
It’s a gaming platform that’s shaking things up by offering play-to-earn (P2E) options via blockchain technology.
All in-game assets in Battle Infinity are owned directly by the players and the designers, since the game mixes gaming with the metaverse and blockchain to provide a completely decentralised experience.
The Metaverse’s IBAT Battle Arena is where all the action takes place. Players of Battle Infinity may do more than just fight and play in the expansive Metaverse setting. Here, they can interact with one another, put on performances for one another, watch others, and discover the virtual world of the Battle Arena. There is optimism that this platform would gain widespread adoption, which would boost the value of IBAT.
Decentraland (MANA) (MANA)
Decentraland is an Ethereum-based user-owned and operated virtual environment. Activities and games can be explored and interacted with in this metaverse environment. You can also purchase land on which to create custom virtual worlds, markets, and software.
Concerts, conferences, expos, and other live events can all be organised by users in this simulated setting. Content and apps developed for this system can be sold for profit.
The ecosystem’s native cryptocurrency, MANA, has the potential to increase in value significantly over the next few years.
Source: Google Trend