The past few weeks have been one of the most volatile for the crypto industry. Apart from major cryptos like Bitcoin and Ethereum falling to unexpectedly low prices, investor sentiment also appears to be affected. Even the top short-term crypto gainers saw severe downward movement.
With the collapse of FTX, there are fears that authorities will increase oversight and regulation of crypto exchanges. However, the one bright spot in all of this is that there are several crypto projects that are bringing innovative and value-first offerings to their investors.
As the large crypto market tends to suffer from greater volatility, these projects not only offer utility-based solutions, but also allow investors to make smarter investment decisions, play and play. have a chance to win through different sources.
Mentioned below are some of the best crypto projects one can consider investing in in the current crypto winter.
What is happening with the value of cryptos?
According to many, the recent collapse of FTX led many people to divide the existence of cryptocurrency into two vertical eras – post and pre-FTX.
Crypto markets appear bearish, and indeed have lost over 1% of their market capitalization in the last 24 hours. Markets saw some recovery after news of the FTX crash started to calm down a bit, although that was temporary. As of this writing, Bitcoin is trading at $16,663 and Ethereum at $1,209. Additionally, other altcoins such as Polygon and Spotted lost 6% of their capitalization.
It is also speculated that the collapse of FTX may further extend the ongoing crypto winter, until the end of 2023. Additionally, there has been an increase in stablecoin dominance according to Coinbase, which reached a new high of 18%. This indicates that the liquidity crisis could spread further. Stablecoin Dominance gauges the dominance of stablecoins within the crypto ecosystem relative to total market capitalization.
The rise in stablecoin dominance means that market participants are moving out of crypto assets and into USD-pegged stablecoins.
Top Cryptos You Can Consider in Current Market Scenarios
1. Dash 2 Exchange (D2T)
As the world recovers from the recent FTX crash, the existence and development of Dash 2 Trade could be a boon to the entire industry.
Learn 2 Trade, which is a successful trading signal brand with over 70,000 users, decided to create Dash 2 Trade in recent weeks. In the simplest terms, Dash 2 Exchange as much to democratize crypto trading by giving the necessary tools and information to a majority of investors and allowing them to make informed decisions before embarking on crypto-currencies.
It calls itself a “world-class crypto-analytics and social trading platform.” Among a long list of features, Dash 2 Trade includes trading signals, social sentiment and on-chain analysis to spot coin trends in the markets, strategy building and social trading tools, list alerts crypto and trading competitions for their subscribers.
As for the native token for Dash 2 Trade, the D2T token is a ERC-20 token on the Ethereum network, which will remain completely tax-free forever. These tokens will help subscribers access the number of features of Dash 2 Trade.
It is strongly believed that Dash 2 Trade brings a lot to the table. The tools and information an investor can access with the Dash 2 Trade Dashboard are unmatched and generally only available to larger scale institutional investors. At the moment, one can invest in Dash 2 Trade and get their hands on the D2T token by participating in the ongoing Dash 2 Trade presale, which has already raised $6.4 million.
The entrance of IMPT.io is like a new breath of fresh air in the crypto ecosystem. The effects of climate change and global warming are of concern on many levels. Moreover, cryptocurrencies have always been at the forefront of contributing a large part to greenhouse gas emissions. In order to raise awareness and empower individuals and organizations, carbon offsets seem like a great idea.
This is where IMPT.io’s blockchain-based carbon offsetting platform comes in, which can enable individuals and large corporations alike to offset their footprint. These carbon credits are then tokenized and converted into NFT. Hence, they become traceable and help solve the current problems of the carbon offset industry with transparency and traceability. Additionally, when the user decides to withdraw their carbon credits, they also burn the NFT.
The IMPT token is deeply etched and central to IMPT’s mission. As for the tokenomics of the coin, the supply is capped at 3 billion tokens. The current stage of the IMPT presale is underway. As of this writing, 681 million IMPT tokens have been sold and $12.6 million has already been raised. The IMPT token is currently priced at $0.023 and the price will increase further after the current presale phase ends.
What makes the IMPT even more relevant is that the conversations about climate change and carbon emissions continue and are only expected to increase in the years to come. As governments and large corporations look for ways to increase emissions and carbon accountability and responsibility, IMPT can be at the forefront of it all.
3. Calvary (RIA)
Calvaria is a project that has already managed to land itself on many watchlists. Calvaria: Duels of Entity is a card game that focuses on players competing in different tournaments based on the cards they own. Each player’s map is different from another, and each map has a character that has a unique characteristic.
Each player can deploy their own strategies to defeat their competitors in the game and end up earning rewards for them. At the heart of Calvary, it’s decentralization and blockchain, which allow it to manage, plan and create immersive user experiences. The sense of true ownership in the game lies with each Calvaria player, as they can invest in Calvaria resources or earn them as rewards.
The in-game currency is $RIA which is an ERC-20 based token. It comes with another iteration of itself, i.e. $eRIA. The $eRIA is a rewards-based token that will be credited to player’s in-game wallets when they win. Both will be eligible to be listed on the CEXs. Users can also stake their tokens and be part of the governance by opting for the Decentralized Autonomous Organization (DAO). The total supply of $RIA tokens is 1 billion.
Calvaria also has an interesting roadmap ahead of it. The $eRIA will launch in early 2023, with 5-10 different CEX listings currently offered for crypto, and in partnership with multiple eSports teams. Further into 2023, other exciting and valuable milestones such as seasonal NFT drops, game expansions, patches and new game modes will also be included.
Conclusion: Investing in cryptos in a post-FTX phase
The collapse of FTX and other such external factors appear to be weighing on the entire crypto markets. With the fairly obvious skepticism in the minds of many investors, the entry of crypto projects like Dash 2 Trade is a relief.
Dash 2 Trade aims to commit to protecting its traders and investors from disasters like FTX. Featuring a top-notch institutional-grade dashboard and innovative features like an automated scoring system, it is actually well-equipped to reshape the retail investing scene. Not only are these features quite exclusive, but they are available to investors at a very affordable price.
With such projects, there is still hope for the crypto industry to grow, experiment, and learn. Investors are realizing the importance of value and utility in any crypto venture, hype aside.
- Early Stage Presale Live Now
- Doxxed Professional Team
- Industry Use Case – Carbon Footprint Offset