Top 5 altcoins to watch out for during bitcoin stagnation

Top 5 altcoins

The cost of bitcoin is again experiencing short-term jumps. Having barely recovered from the consequences of the collapse of the cryptocurrency exchange FTX, on January 30, the price of the digital coin fell by almost 4%. Investors did not want to risk their own investments on the eve of the upcoming meeting of the United States Federal Reserve (US Federal Reserve).

On February 1, the Fed raised the range of the key rate by 25 basis points, to 4.5-4.75% per annum. The crypto market reacted quite actively to such a mild increase in the rate. Initial expectations ranged from 50 to 75 points. At that time, bitcoin rose in value and traded around $23,000.

However, crypto analysts agreed that this was only an interim pullback. The long-term outlook most likely promises a temporary stagnation of the first cryptocurrency, given the markedly increased influence of macroeconomic factors.

While many expect a further slowdown in the pace of rate hikes, the market is still in a vulnerable position. Rising inflation could force the Fed to decide to raise the rate by 50 basis points, which in turn means a massive collapse of bitcoin and the cryptocurrency market as a whole.

In such a volatile situation, traders should consider more reliable options that do not depend on market fluctuations. We have picked the top 5 altcoins at various stages of presale, which are backed by fundamental projects with interesting ideas.

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Meta Masters Guild developers offer users a combination of blockchain technology and an extended meta universe. This is a revolution in the world of mobile games – the project will become a unique ecosystem with a decentralized community. This will be realized through a multi-genre library of interconnected titles.

Meta Masters Guild will make games on the basis of P2E (Play-to-Earn) monetization system. Moreover, the developers are seriously aiming to create a gameplay that is not repetitive and not exhausting. The motto of the project is to earn income by playing. It is the opposite of using game-services only to earn money.

The pioneer in the Web3 initiative will be racing competitions in Meta Kart Racers. Participants will be presented with two game modes. The first is arcade, i.e. single player, and the second will be competitive PVP – against other players. In both variants participants will have the opportunity to earn thanks to their victories, achievements and fulfillment of various activities.

The in-game currency will be GEMS coins, and MEMAG tokens issued by the platform will help users convert the prizes earned in the process into real money.

Traders interested in the project can purchase MEMAG tokens at the fourth stage of the presale, which will soon come to an end. At the moment, the cost of one MEMAG is $0.016, and the Meta Masters Guild project itself has already raised over $2.4 in investment.

Project Benefits:

  • The project developers have a realistic goal of raising $4.97 million in investment. Since Meta Masters Guild is focused on the mobile entertainment market, the production costs will not require tens of millions of dollars.
  • Each of the walkthrough modes offers the opportunity to obtain particularly rare NFTs in the form of playable 3D characters.
  • Meta Masters Guild are planning to launch two more titles in development soon. Meta Masters World will be a great hobby game for gamers who love building and exploration. The details of the creation of the game called Raid NFT are still a secret.

The future of fitness is the Fight Out (FGHT) mobile platform

Fight Out is a mobile application with Move-to-Earn (move and earn) monetization system, which will be implemented using Web3 technologies. The creators of the project aim to make fitness a fun and accessible activity. The application will not only help to develop individual training plans tailored to the needs of a particular user, but will also reward with internal currency REPS for the fulfillment of various activities and goals.

Among other things, the Fight Out team plans to open a network of its own branded training centers. The roadmap emphasizes the equipment of the gym network. Echoing its innovative idea, they will be equipped with interactive sensors and mirrors. Users will be able to include their digital avatar on them. The mirror will display the latest records, workout plan and general information in real time. Moreover, each digital avatar is unique and released as an NFT.

At the moment Fight Out is on presale and provides bonuses of up to 50% for investments over $50k. The project has raised over $3.7 million in investments, and the price of one FGHT token is $0.01899.

Among the pros of the project are:

  • The digital NFT avatar will be pumped accordingly to the goals achieved. In addition, users will be able to customize it by purchasing items in the app’s internal store.
  • The project already has the support of famous athletes such as Amanda Ribas, Tayla Santos and Savannah Marshall.
  • Users will also be able to compete against each other in the internal meta universe, earning various prizes.

C+Charge (CCHG): A network of charging stations for electric vehicles that operates on blockchain

The developers of C+Charge will create their own mobile app to pay for recharging electric cars using cryptocurrency. The main goal of the platform will be the unification of this market segment through the use of blockchain technologies. Thus, users will be able to conduct transactions without delays and overpayments.

Top 5 altcoins to watch out for during bitcoin stagnation
The main ideas and technology of the service

C+Charge users will be able to earn carbon credits. A unit will be purchased for 1% of all transactions made through the platform. Burning 1 carbon credit is equal to offsetting up to 1 ton of carbon dioxide emitted into the atmosphere.

The token is now in the first stage of presale and the price of one CCHG is $0.013. The project has raised over $538,000 in investment. This makes the native cryptocurrency a profitable option for investment.

What makes the C+Charge project stand out:

  • Users will be able to contribute to a clean planet. Previously, purchasing carbon credits was only available to large companies.
  • The project encourages and popularizes the use of electric cars.
  • Using the mobile app, it will be possible to diagnose both chargers and your own electric car.

RobotEra sandbox game (TARO)

GameFi’s RobotEra project combines elements such as a meta-universe, non-interchangeable tokens, and a P2E monetization system. In the sandbox game, users will be able to control a personal NFT robot. He will be the main guide in the study of the once whole planet Taro, which survived a man-made disaster. The main task of the player will be to restore the former greatness of the civilization: creation, construction, exploration of lands.

The user will be able to buy his own digital real estate, upgrades for both his robot and android assistant, as well as to mine useful resources.

Each object in the game can be customized to your own taste. Purchases will allow you to improve buildings, complete areas and open more opportunities for the digital editor. Each of such updates is unique and has its own NFT-certificate.

The platform’s in-game currency is called TARO. Now it is on the first stage of presale, and its cost is $0.020 per unit. The project has already raised $806 thousand in investment.

RobotEra shows promise as an investment for several reasons:

  • The token can be mined right during gameplay, as TARO is given among other things for completed tasks.
  • The game is absolutely free and will be available to every participant.
  • The project is transparent and does not limit the client in the use of assets received in the game. Any NFT can be offered for sale on third-party platforms.

The Tamadoge platform has demonstrated itself as a worthy heir to the idea of meme-coins. However, behind the general non-seriousness hides a very impressive project with its own meta-universe and P2E-system.

On this game platform, the user will have to care and look after his personal NFT doge. Each doge has a unique character and statistics, which can affect the results of battles in competitive mode in different ways. Victories will help you move up the leaderboards and also bring rewards in the form of TAMA tokens.

The Tamadoge project has already successfully exited the pre-sale stage. At the moment, the token price is $0.01922. This can be a profitable investment, as the Tamadoge project is constantly being developed and supplemented with new games.

Advantages of Tamadoge:

  • The project is not limited to one site, but offers a whole meta universe and various multi-genre games.
  • Opportunity to earn rare NFTs as rewards.
  • The developers plan to use augmented reality technology, thanks to which gamers will be able to play with their friends.

Conclusion

Despite the constant market fluctuations, there are still plenty of options for crypto traders to make long-term investments. The fundamentals and technical indicators of the projects listed above show them as stable. This is due to the fact that the price of pre-sale tokens is fixed and will not lose value when they go public. Interesting projects as a basis will provide tokens with growth and development.

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Author: Saifedean Ammous, an expert in cryptocurrency economics.

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