Alejandro Arrieche
Risk is the name of the game this year as the crypto ecosystem has entered bear market territory amid the confluence of several negative catalysts including a shifting macroeconomic backdrop and the collapse of several top-rated projects in the space.
However, with so many tokens trading at a tiny fraction of the price they had three to six months ago, there are plenty of opportunities to make money for risk-tolerant investors who may have the stomach to endure some more negative volatility until things start to bounce back.
Most Attractive Tokens for Risk-Tolerant Investors
In this article, we share some of the most attractive tokens offering asymmetric risk/reward opportunities in the crypto space.
#1 – Tamadoge (TAMA) – Newest Meme Coin on Beta Sale
The highest volatile crypto assets are meme coins – they can produce the most explosive bull runs, followed by the longest corrections. Shiba Inu rose over 50 million percent in 2021.
Tamadoge aims to offer more sustained growth with its higher utility – TAMA is a rewards token earned by players in its upcoming NFT game.
On the Tamadoge game app players will mint Doge pets as NFTs, feeding and nurturing them CryptoKitties style. Then when they’re adult Doges players will be able to do battle with them to earn rewards by vying for spots on the monthly leaderboard.
Investing in the first stage of a presale – Tamadoge is currently on beta sale – is the most speculative point to invest but potentially the most rewarding in terms of ROI.
#2 – Battle Infinity (IBAT) – Top High-Risk/High-Reward Token for Investors
Play-to-earn (P2E) games have gained popularity as they have become for many either a secondary or primary source of income – especially in countries within South East Asia and certain Latin American nations.
Battle Infinity is a new decentralized gaming platform that plans to make its way in this up-and-coming segment of the cryptoverse by creating an entire ecosystem consisting of an exchange, a marketplace for non-fungible tokens (NFTs), a staking platform, and several entertaining games.
The Battle Infinity ecosystem is powered by the IBAT token which has now sold out its presale after just 24 days. Buyers will still be able to snap up IBAT when it is listed on its first crypto exchange however, which will be Pancakeswap.
Investing at a low price point limits the risk of a speculative bet in this token but also positions investors positively for some huge upside as the project moves forward with its roadmap. Follow the Battle Infinity Telegram for more updates on this brand-new crypto project.
#3 – Luna Classic (LUNC)
With the once high-flying flagship token of the original Terra blockchain having lost 99.9% of its value since the year started amid the failure of its stabilization algorithm, it is hard to conceive that the digital asset can go any lower than this – although it is entirely possible.
However, despite the widespread belief that Luna Classic (LUNC) is a dead project/token, there is still a not-so-small community of developers and retail investors who are still backing the network and who are progressively raising awareness about the benefits of a large token burn.
One proposal that has been gaining traction lately is a 1.2% tax on all transactions made with LUNC that would be immediately burned until the circulating supply reaches 10 billion.
If such a proposal is implemented, the LUNC token may experience a progressive increase in its price as the current circulating supply is standing at 6.6 trillion.
Whether the proposal will get the “yes” from the community is unclear but, considering the small entry price of this investment, it can be deemed by investors with high risk tolerance as an attractive asymmetric opportunity as losses can be limited by investing a small amount while the potential reward could be quite high.
Interestingly, in the past 30 days, LUNC has generated gains of nearly 70% and even higher at some point during that period as speculators appear to be putting some serious thought into the possibility of a large-scale burn.
#4 – Lucky Block (LBLOCK)
Lucky Block is an innovative blockchain gaming platform that compensates token holders in multiple ways. The project progressively builds its jackpot by imposing a 12% tax on speculative trades and uses this money to fund its gaming and liquidity pools and burn tokens.
By design, 70% of the jackpots are distributed among winners while 10% goes to charity and 10% is used to compensate every single token holder – whether they win or not.
With LBLOCK, there are so many forms to win that it is hard to imagine a scenario in which users will not be compensated for holding the token.
Despite most cryptos losing almost their entire market cap this year, LBLOCK is in neutral territory, trading at nearly the same price it had back on 1 January but having rewarded token holders in multiple ways along the road.
Cryptoassets are a highly volatile unregulated investment product.
#5 – CoinFLEX (FLEX)
The native token of the CoinFLEX exchange has experienced a 96% loss so far this year after the platform was forced to halt withdrawals due to the default of the protocol’s most important borrower – reportedly Roger Ver.
However, the developing team at CoinFLEX has remained extremely communicative with customers and has reached out to several potential investors and proposed various paths to give investors access to their funds once again. The attitude of other founders whose projects have fallen into trouble has not been nearly the same and that speaks in favor of CoinFLEX’s ability to recover – at least partially – from the hit it took.
In addition, only a few days ago, the firm announced that it will allow customers to withdraw up to 10% of their USD-denominated funds and outstanding balance in their accounts – except for flexUSD deposits.
If CoinFLEX’s efforts to rebuild come to fruition, even a limited improvement in the exchange’s situation that can restore the public’s trust in the exchange and its products and services may lead to a short-term spike in the price of FLEX.
Other Related Articles:
- Top DeFi Coins to Buy in July 2022
- 10 Altcoins That Could 10X in 2022
- Best Crypto Exchanges – Safe and with Low Fees
Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption
This article was written for Business 2 Community by Alejandro Arrieche.
Learn how to publish your content on B2C
Join our Telegram channel to stay up to date on breaking news coverage
Add B2C to your Google News Feed
Discuss This Article
Add a New Comment /Reply
Thanks for adding to the conversation!
Our comments are moderated. Your comment may not appear immediately.